article thumbnail

In India, Banking Banks On Blockchain

PYMNTS

In India, Infosys said that it has formed a blockchain with seven banks, to be known as India Trade Connect. The banks include IndusInd Bank, RBL Bank and Axis Bank, among others. The firms said that risk management and transparency will be part of the network, with an eye on digitizing business processes.

article thumbnail

Embedded Financing Helps Asia’s SMBs Weather Cash Flow Challenges

PYMNTS

“With the embedded finance model, including financial services like deposits and payments, the digital-only banks are able to be as a role to provide Banking-as-a-Service for non-financial companies, especially those who are the anchor in an ecosystem,” he told PYMNTS. Risk Management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Introducing Celent Model Bank 2017 Awards

Celent Banking

Over its ten years of existence, Celent’s Model Bank programme has always changed and evolved. In the last few years we have been awarding multiple initiatives in a small number of categories – for example, last year we had four winners in Digital Banking Transformation, the busiest of seven categories.

article thumbnail

Congratulations to Celent Model Bank 2016 Winners!

Celent Banking

Both of our guest speakers – Nadeem Shaikh, Co-Founder and CEO of Anthemis Group, and Leanne Kemp, Founder and CEO of Everledger – thrilled the audience and opened everyone's eyes to the opportunities presented by Fintech and Blockchain respectively, while our colleague Will Trout spoke eloquently about consumer-led convergence.

US 100
article thumbnail

Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

digital bank Mercury announced $20 million in Series A funding in a blog post. Developed as an online bank for startups, Mercy launched in April of this year. In its announcement, Mercury said the new funding would allow it to “push deeper into the vision we have for what the first tech bank in the U.S. Everledger.

Payments 149
article thumbnail

Canadian Fintech Market Map

CB Insights

Blockchain and crypto. Companies in this subcategory (1) provide blockchain technology to financial services players, or (2) leverage blockchain technology to provide financial products and services directly to end-users. Digital banking and financial infrastructure. Regulatory tech.

Fintech 93
article thumbnail

The Top 250 Fintech Startups: Where Are They Now?

CB Insights

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. The most valuable of these freshly minted unicorns are blockchain startup Ripple ($10B valuation) and challenger banks Chime ($5.8B) and N26 ($3.5B).

Fintech 80