PYMNTS

DECEMBER 10, 2020

North Lane Technologies and daVinci Payments said they have finished their merger, making a "high-growth, premier payment company with innovative technology and solutions," according to a Thursday (Dec. North Lane Technologies was known as Wirecard North America in the past. 10) announcement.

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Pennsylvania Illinois Payments America 231

PYMNTS

JULY 7, 2020

While banks may be big, slow, lumbering elephants, when they operate as a herd, they can mow down a horse,” said Linville, a former CEO of global cards and consumer services at Citigroup. “I’m He said banks have a leg up on FinTech startups that might find their funding pulled back. What FinTechs And Neobanks Should Do Here.

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Fintech Innovation Software Technology 223

PYMNTS

JUNE 12, 2018

Entersekt , the push-based authentication and app security company, announced Tuesday (June 12) that it has opened a new office in Atlanta, Georgia, aimed at supporting the company’s growth and serving as the headquarters in North America.

America 101

America Atlanta Georgia Security 101

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates.

America 109

America Regional Mobile Pennsylvania 109

Bank Innovation

OCTOBER 23, 2018

Bank of America’s virtual assistant Erica is a perfect example of how the bank is using “AI to make (BofA) better and make it better at scale,” according to Cathy Bessant, chief operations and technology officer at the bank.

America 150

America Conference Operations Examples 150

PYMNTS

JANUARY 27, 2021

Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions. It’s an important capacity for banks as they compete with FinTechs. Knowing which card pays which subscription, let alone canceling them, can be a pain point.

Management 181

Management Technology Cards Retail 181

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost. Bankin’ Steps Into Payments APIs.

Data 161

Data Fintech Cards Software 161

PYMNTS

SEPTEMBER 27, 2018

Want to understand payments innovation in Latin America ? One may indeed be a bit hungrier than before, but according to what NovoPayment CEO Anabel P é rez told Karen Webster during a recent PYMNTS interview, they can now understand one of the fundamentals of innovation in Latin America. Latin American Progress. Front Row Seat.

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Fintech Payments America Innovation 179

Bank Innovation

MARCH 21, 2016

Our last top 5 fintech rounds toured fintech’s human touch — firms working to improve the human condition through healthcare, technological interfaces, and the like. to Latin America, Read More. It’s a good time to be looking for a Series B raise, apparently.

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Fintech America Technology Operations 150

BankInovation

SEPTEMBER 25, 2020

COVR Security offers authentication technology that doesn't depend on passwords or personal tokens. The Swedish company operates in Europe, Asia, the Middle East and Africa, and is now expanding to North America. COVR is part of INV Fintech, Bank Innovation’s sister accelerator program. […].

Technology 52

Technology America Security Fintech 52

PYMNTS

OCTOBER 23, 2020

daVinci Payments will merge with North Lane Technologies for the formation of a new company, operating under the umbrella of holding company Syncapay , which will be a “high growth, premier” payments company with "innovative" solutions, a press release says. North Lane Technologies was formerly known as Wirecard North America.

Payments 168

Payments America Technology Operations 168

PYMNTS

SEPTEMBER 28, 2016

Corporate payments firm WEX is pushing virtual card technology within Latin America and has announced a new partner to help the cause. Argo will integrate WEX’s virtual card number (VCN) technology as an additional payment option for its corporate and travel agency clients.

America 100

America Cards Regional Payments 100

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

NOVEMBER 16, 2020

Ongoing trade wars and rising costs of doing business in certain markets have manufacturers and other businesses adjusting where they operate and with whom. Traditionally, a means of mitigating this challenge is for a business to open a local bank account in each jurisdiction in which it operates. Currency Conversion Headache.

Meeting 141

Meeting Fintech Regional Marketing 141

Bank Innovation

AUGUST 3, 2018

Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined.

Fintech 186

Fintech Technology Report Company 186

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. Currently, Dock has 250 clients that use FICO technologies to fight fraud.

Fraud 52

Fraud Technology social media Innovation 52

PYMNTS

DECEMBER 3, 2019

In today’s top payments news, Wells Fargo has selected former Santander head executive Scott Powell to be its new chief operating officer. Also, Visa is working with four global finance firms to help FinTechs issue plastic as well as digital payments. operations. He will also serve on the bank’s operating committee.

Fintech 132

Fintech Colorado Payments Operations 132

PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The subject? Not So Black-and-White.

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Fintech UX Mobile FDIC 191

PYMNTS

OCTOBER 20, 2020

Colombia-based RobinFood — Latin America’s fastest-growing chain of “cloud” restaurants — credits proprietary technology, the explosive growth of FinTechs and pandemic-led lifestyle changes as the secrets of its success. Despite low average incomes, Latin America offers a huge overall market size and growth potential.

Company 184

Company America Kentucky Regional 184

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. Sales and trading operations within banks can be lucrative. Where Top US Banks Are Betting On Fintech. First name.

America 101

America Lending Cards San Francisco 101

Bank Innovation

FEBRUARY 23, 2017

wants to apply the old way of regulation to the fintech firms that are becoming the new norm for financial services. Fintech has started to permeate the [global] economy in one way or another—fintech Read More. With an anticipated wave of de-regulation, neither the U.S. nor the U.K. Could regtech be the solution?

Fintech 268

Fintech Regulation Operations America 268

BankInovation

SEPTEMBER 25, 2020

COVR Security offers authentication technology that doesn’t depend on passwords or personal tokens. The Swedish company operates in Europe, Asia, the Middle East and Africa, and is now expanding to North America. COVR is part of INV Fintech, Bank Innovation’s sister accelerator program. […].

Technology 40

Technology America Security Fintech 40

PYMNTS

NOVEMBER 4, 2019

Ebury operates in 19 countries and will expand in Latin America and Asia with Santander’s investment. Ebury was the first FinTech to go live in 2018 with SWIFT’s global payments innovation. The deal is expected to value Ebury at around £700 million. The bank expects a return on invested capital higher than 25 percent in 2024.

Fintech 102

Fintech Capital America Payments 102

Bank Innovation

JUNE 8, 2018

PREMIUM - When was the last time you went to your bank branch to deposit money? Still thinking? That's because most of the daily banking activity has shifted from branches to the smartphone. But that's not to say people don’t use bank branches at all. They do, but not for the same reasons as they […].

Technology 291

Technology Samsung Operations America 291

BankInovation

JULY 18, 2023

Stablecoins are driving financial services innovations in Latin America, a growing fintech market.

Innovation 52

Innovation America Fintech Operations 52

PYMNTS

MAY 29, 2018

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Rocket Internet owns majority stakes in HelloFresh and Global Fashion Group. Sales were up 18 percent after excluding the impact of currency changes.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

NOVEMBER 27, 2018

” Banks have not invested in their small business lending operations to improve the process for the borrower, though. According to Phelan, even so, FinTech firms are playing an important role in this market by lighting the way for banks to understand what they need to compete and improve their SMB finance offerings. ”

Lending 159

Lending Fintech Capital Report 159

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. But it was an embedded finance FinTech that took home more than half of the funding announced. million in funding for its B2B technology that helps small businesses raise Shariah-compliant funding.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

MARCH 29, 2020

European open banking platform Tink will now have more room to expand with the acquisition of Eurobits , which works in account aggregation technology, according to a press release. million) in a funding round in January and now hopes to use that to grow in Latin America and other parts of Europe where it isn’t yet established.

America 241

America National Company Innovation 241

Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

San Francisco 267

San Francisco New York Fintech Regional 267

PYMNTS

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. AvidXchange processed more than $120 billion of invoices and payments across its network of more than 500,000 suppliers in 2018, transforming the way 5,500 customers in North America pay their bills, according to its website.

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North Carolina Nashville Charlotte Boston 130

PYMNTS

AUGUST 21, 2018

Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. As noted in Insurance Business America , U.S. With FinTech’s Aid, Lending Down Under. The FinTech is Finserve Africa. The deal was reportedly done through a wholly owned subsidiary of Travelers.

Fintech 101

Fintech Lending Groups Digital Strategies 101

PYMNTS

FEBRUARY 15, 2018

Sure, FinTechs are flocking to the industry to play their part in disruption, but traditional FIs have to be involved in addressing and solving the many, many points of friction that plague corporate payments today, from late invoice payments to clunky cross-border transactions. .” thanks to competitive market pressures.

America 164

America Innovation Industry Fintech 164

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K.,

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

JUNE 22, 2020

Firms have had to quickly adjust their operations so workers can stay home to help prevent the virus’s spread, but this has presented hurdles for businesses with entrenched paper-based processes. Many banks are therefore partnering with AP-focused FinTechs to quickly meet clients’ new demand, he explained.

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Tools Fintech Meeting Operations 142

PYMNTS

OCTOBER 13, 2019

The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America. SoftBank also recently announced a $5 billion Innovation Fund focused on Latin America, with the goal of investing in technology companies across the region, including eCommerce, FinTech and healthcare.

United States 137

United States America Regional Innovation 137

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. The company, according to reports , secured the funds through a joint venture with BTG Pactual, Latin America’s largest financial institution.

Fintech 109

Fintech Capital Lending Software 109