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AI fintech Stampli opens Austin office

Payments Dive

The California company extended its presence to a third U.S. city and aims to expand its employee headcount by 40%.

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Austin Is Bringing The FinTech Heat

PYMNTS

Though Austin may fall in the shadows of bigger U.S. Nate Stewart, Group Product Manager for BigCommerce , an eCommerce platform with deep roots in Austin, provided a glimpse into what really helps Austin stand apart and why startups can’t help but flock to the city. Tech jobs account for 11 percent of total Austin employment.

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Banks Must Disrupt Themselves, Not Consumers, Citi Fintech CEO Says

Bank Innovation

AUSTIN — Better customer service comes from disruption within, not from trying to change consumer behavior, according to Yolande Piazza, CEO of Citi Fintech. “I

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SXSW Accelerator Fintech Finalists for 2017 Announced

Bank Innovation

More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. Austin is known for having a thriving Read More.

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Green Dot sets aside $20 million after draft AML order from Fed

American Banker

The Austin, Texas, bank and fintech says the Federal Reserve has proposed a consent order that would require it to strengthen compliance shortcomings, including anti-money-laundering controls.

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Logistics FinTech Leads Quiet Week In B2B Funding

PYMNTS

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido. In the U.K.,

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AltFin Shines As Investor Interest In B2B FinTech Continues

PYMNTS

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.,

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