Gonzobanker

AUGUST 11, 2020

2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions. And the industry’s two largest fintech providers, FIS and Fiserv, reported organic revenue declines largely due to economic impact to the payments market. It’s one big sandbox.

Lending 158

Lending Fintech Analytics UX 158

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

Fintech 211

Fintech Mobile Analysis Technology 211

Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option for simple daily transactions, but branches are still necessary for the more complex ones And yet banks should not ignore the shift in banking habits brought on by non-bank technology companies.

Google 225

Google Apple Survey Digital Banking 225

PYMNTS

FEBRUARY 2, 2018

Today in PYMNTS data, Visa earnings topped expectations, Mastercard saw positive outcomes and Apple underwhelmed market watchers in their recently released earnings reports. In addition, B2B venture capital (VC) went to FinTech firms and underbanked consumers and small businesses (SMBs) experienced banking hurdles.

Apple 101

Apple Data Taxes Fintech 101

Bank Innovation

OCTOBER 19, 2017

The ex-Google, ex-Apple employee Tony Fadell is moving forward with his next idea, an investment firm looking to boost startups in multiple industries around the globe. While the firm is not specifically focused on fintech, it already claims 18 bets under the subheading […].

Fintech 150

Fintech Apple Google Industry 150

PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Fintech 142

Fintech Miami National Data 142

Bank Innovation

AUGUST 22, 2018

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

Samsung 186

Samsung Apple Maine Mobile 186

PYMNTS

MAY 19, 2020

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in a statement on Tuesday (May 19). It instituted a rewards program and integrated contactless payments with Apple Pay and Google Pay.

Tools 142

Tools Management Capital User Experience 142

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Here, for comparison, is similar data on venture capital funds?—?printing Let’s narrow down the story to Fintech, using data from Spactrack. That is a 100% increase in capital looking for quality fintech assets.

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Here, for comparison, is similar data on venture capital funds?—?printing Let’s narrow down the story to Fintech, using data from Spactrack. That is a 100% increase in capital looking for quality fintech assets.

Capital 52

Capital Fintech US Lending 52

PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Apple Updates Wallet App to Reflect iPhone Financing for Apple Card Users.

Regulation 131

Regulation Data Apple Payments 131

PYMNTS

MAY 30, 2018

Throw into the mix consumer protection guidelines, active anti-money laundering checks and capital requirements, and things get difficult, Oosthuizen noted. And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs.

Fintech 160

Fintech Regulation Compliance Innovation 160

CB Insights

JULY 7, 2021

Pine Labs , a point-of-sale (PoS) fintech company, has raised $600M (INR 44.59B) with participation from BlackRock, Temasek, Fidelity Investments, and Duro Capital, among others. The post This BlackRock-Backed Fintech Company Raised $600M To Expand Its Payment Services In Southeast Asia appeared first on CB Insights Research.

Company 78

Company Fintech Payments Branding 78

Insights on Business

DECEMBER 10, 2017

The dominant story is that fintech startups and banks are better off as friends than foes. Fintech, once seen as a disruptor, is now becoming a mainstream and also a collaborating partner. Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

JUNE 13, 2016

Stockholm is one of my favorite cities in the world and has become a real FinTech innovation hub. There’s a capital gains tax of 30 percent, too, and a sales tax of 25 percent. Ever wonder why you’ve never met a Swede named River, Apple or North in Sweden? I promise it will be worth it. times the average Swedish income.

Apple 100

Apple Taxes Marketing Payments 100

PYMNTS

AUGUST 6, 2018

Apple Vs. Huawei. Apple , by all accounts, had a very good week last week. This might have made it pretty easy to overlook the tiny grey rain cloud the floated by: The Chinese phone manufacturer Huawei sold more phones than Apple did in the last quarter. Meanwhile, Apple shipped 41.3 Party hats all around.

Apple 100

Apple Samsung Cards Marketing 100

CB Insights

APRIL 22, 2021

Amazon, Facebook, and Google’s strategies focus on business lending — offering capital to the merchants, small businesses, or enterprises that they often already provide other services to. FREE DOWNLOAD: STATE OF FINTECH q1’21 preview. FREE DOWNLOAD: STATE OF FINTECH q1’21 preview. First name.

Google 36

Google Lending Apple Report 36

PYMNTS

SEPTEMBER 7, 2020

Amid these controversies, smaller commercial card FinTech startups like Brex continued to add new competition into the market. As a result, SMBs struggled to access the capital they needed to survive what was, for many, a complete ceasure of revenue. Spring’s SMB Support. As the pandemic spread across Europe, and eventually the U.S.,

Cards 246

Cards Tools Capital Payments 246

Jeff For Banks

MAY 7, 2016

Recent news of Prosper scaling back and OnDeck Capital's ongoing losses has taken a little shine off of the FinTech apple. Recently a former bank director and active bank stock investor asked me about the rise of FinTechs and how it impacts community banks. FinTechs have yet to earn it. FinTechs want them.

Community Bank 60

Community Bank Community Fintech FDIC 60

PYMNTS

SEPTEMBER 8, 2020

Plus, Epic Games has again asked a California judge to reinstate Fortnite to Apple’s devices. Thunes, the FinTech startup that operates a global cross-border payments network for emerging economies, announced on Tuesday (Sept. B2B Cross-Border Payments Network Thunes Raises $60M. 8) that it has raised $60 million in Series B funding.

Payments 141

Payments California Apple Video 141

PYMNTS

JANUARY 20, 2020

Goldman’s expanded move into South Africa coincides with the scaling down of other brokerages, including Macquarie Group, Arqaam Capital, Deutsche Bank and Credit Suisse Group. Africa’s eCommerce volume is expected to reach $75 billion by 2025, and economic output in FinTech is anticipated to add $150 billion by 2022 to its GDP.

Operations 150

Operations Capital Groups Apple 150

Bank Innovation

MARCH 29, 2017

It’s clear that fintech startups are not going away — there are more of them all the time. And here are five more.) What’s not clear is how they are getting along with banks. The number of publicly announced substantial partnerships is vanishingly small.

Fintech 150

Fintech Operations Apple Capital 150

PYMNTS

FEBRUARY 21, 2020

Earlier this week, a FinTech took the leap into the full spectrum of financial services, perhaps paving the way for future mashups. FinTech has bought a bank, and it shows how digital-first firms can broaden their scale and reach with cross-pollination across financial offerings. To be the bank, buy the bank.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

Accenture

AUGUST 20, 2019

For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY). 3 After-Tax ROA of issuers that publicly report – Citigroup, Capital One, Synchrony and Discover 4 YoY = Year-over-year change versus 2Q18. percent, followed closely behind by Chase. Notable happenings.

US 150

US Cards Capital Apple 150

PYMNTS

OCTOBER 22, 2020

Former Apple chief design officer Jony Ive is set to consult with Airbnb on hiring and future products, alongside his independent design firm LoveFrom. Investors Say FinTech Valuations Are High, But Not Overheated. Jony Ive Joins Airbnb To Drive Product Design.

cryptocurrency 142

cryptocurrency Payments Bitcoin Capital 142

CB Insights

SEPTEMBER 10, 2020

After a difficult first quarter, fintech funding rebounded in a big way in Q2’20. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Below, we answer some of our readers’ most pressing questions from the webinar on the state of fintech. First name.

Fintech 46

Fintech Innovation Lending Regional 46

PYMNTS

JANUARY 20, 2020

Goldman’s expanded move into South Africa coincides with the scaling down of other brokerages, including Macquarie Group, Arqaam Capital, Deutsche Bank and Credit Suisse Group. Africa’s eCommerce volume is expected to reach $75 billion by 2025, and economic output in FinTech is anticipated to add $150 billion by 2022 to its GDP.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

APRIL 10, 2019

FinTech startup Extend announced it has raised $11 million in Series A financing, as it tries to capitalize on interest in virtual credit cards. Extend , which was founded in 2017 by American Express and Capital One veterans, provides the technology so companies can provide virtual credit cards to employees and contractors instantly.

Cards 108

Cards National Apple Fintech 108

Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! We must be moments away from downloading a gamified banking app via our Google Glass, paying in Bitcoins using Apple Pay! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. That's all I'm hearing. It's like global warming.

Fintech 60

Fintech Capital Cards Bitcoin 60

PYMNTS

MARCH 15, 2019

For financial services, and specifically for FinTech , the ripple effects may keep rippling. But then again, capital is being deployed into the sector, with more than $3 billion coming to FinTechs through the first few months of 2019, up 18 percent from last year, as Innovate Finance estimated.

Apple 116

Apple social media Fintech Lending 116

PYMNTS

MARCH 6, 2019

s Soldo FinTech firm said it earned an eMoney license from the central bank of Ireland, Bucharest-based payments platform SymphoPay raised €650k in a funding round and Saudi travel app Almosafer is engaging with digital payments through Apple Pay. And the U.K.’s The license will enable the firm to issue payments throughout the EU bloc.

Apple 108

Apple Mobile Payments Customer Experience 108

PYMNTS

MARCH 15, 2019

For financial services, and specifically for FinTech the ripple effects may keep rippling. But then again, capital is being deployed into the sector, with more than $3 billion coming to FinTechs through the first few months of 2019, up 18 percent from last year, as Innovate Finance estimated.

Apple 101

Apple social media Fintech Lending 101

PYMNTS

NOVEMBER 20, 2020

Modulr helps digital businesses in fields like lending, banking, travel, FinTech, employment services and accounting to build new payment products for customers, the release stated. Italian bank Intesa Sanpaolo will work with supply chain finance FinTech Kyriba in order to debut a new dynamic discount service, a press release says.

Cards 196

Cards Payments San Francisco Tools 196

PYMNTS

JANUARY 23, 2019

The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay. “New and growing small businesses often need fast access to capital that supports basic needs like inventory purchases, payroll and marketing,” said Edward Siegel, CEO of Bitty Advance, in a statement.

Samsung 162

Samsung New York Branding Apple 162

PYMNTS

OCTOBER 7, 2019

Silicon Valley FinTech Affirm is rolling out a new app that will give customers a way to shop at almost any store and split their payments, the company announced in a press release on Monday (Oct. The app also gives users the ability to pay at any brick-and-mortar store that accepts Apple Pay or Google Pay. . It also has raised $1.03

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

MAY 9, 2019

It began to offer Apple Pay in the Czech Republic in February after expanding to Poland in the middle of last year. cash deposit platform developer Flagstone notched £11m in funding from investors such as VentureFounders and Kindred Capital, according to reports. In other news, U.K. Flagstone Co?Founder Founder and Co?Managing

Capital 108

Capital Apple Report Management 108

PYMNTS

DECEMBER 11, 2017

In the latest round, GIC was joined by Khosla Ventures, Spark Capital, Lightspeed Venture Partners, Founders Fund and Ribbit Capital, among others. The mobile app, which launched two months ago, is available through both the Apple iOS App Store and Android’s Google Play.

New Jersey 100

New Jersey Capital Apple Google 100