PYMNTS

JULY 21, 2020

s FinTech sector. Independent Panel To Review UK’s FinTech Sector. s FinTech sector is planning a review of the industry to identify opportunities for growth. China’s eCommerce superstore, plans to file an initial public offering (IPO) on Shanghai’s Nasdaq-style STAR Market and the Hong Kong Stock Exchange.

Fintech 140

Fintech Groups Payments Mobile 140

PYMNTS

FEBRUARY 23, 2017

The Series B round is the largest-ever venture capital investment into an Australian FinTech startup, according to reports. According to AirTree Ventures Managing Partner Craig Blair, the investment round represents “a coming of age in the FinTech sector in Australia.”

Fintech 100

Fintech Capital Lending Branding 100

PYMNTS

FEBRUARY 19, 2019

The report noted that banking systems embedded on mobile phones are popular in emerging markets, including in China, India and Kenya , driven in part by private-sector FinTechs. It’s not clear whether a state system in Mexico will be easy to use. Less than reliable telecom service in the country could also hurt the efforts.

Fintech 173

Fintech System Mobile Payments 173

Chris Skinner

MAY 12, 2017

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. Chris has been voted one of the most influential people in banking by The Financial Brand. We are seeing big changes to encourage innovation.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

SEPTEMBER 23, 2020

Key to achieving this goal is data integration, yet in markets where open banking frameworks aren't as advanced as jurisdictions like the U.K., FinTechs have had to take on a leadership role to embracing an imbedded payments experience. A Better Payments Experience.

Fintech 315

Fintech UX Cards Payments 315

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. The updated regulations are slated to take effect Oct. About The Tracker.

Regulation 100

Regulation Cards Digital Banking social media 100

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. Earlier this month, China debuted drafts for new rules for eCommerce companies, with the goal of trying to cut down on monopolistic power, PYMNTS reported.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. Eighty-one percent of consumers in one recent study said that trusting brands was a major factor in determining whether they would interact with them, for example. and the EU.

Study 192

Study Data Regulation Digital Banking 192

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. cyber, infrastructure, and regulation. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

JULY 19, 2018

It’s no secret that banks and FinTechs are collaborating at a rate faster than ever before. The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations.

Fintech 107

Fintech Risk Management Big Data Management 107

PYMNTS

APRIL 2, 2019

The legal cannabis market continues to reach new milestones, the latest being the launch of the industry’s first commodity trading desk — with the latest service provider highlighting the opportunity in addressing the more nuanced challenges of an unfamiliar, emerging market.

Fintech 176

Fintech Compliance Industry California 176

PYMNTS

NOVEMBER 4, 2020

regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”.

US 171

US Boston Regulation Data 171

PYMNTS

MAY 3, 2020

One of Britain’s largest banks, Bó had been positioned to compete with FinTechs like Monzo and Revolut. Instead, RBS said Friday (May 1) that it would “wind down Bó as a customer-facing brand” in only a half-year since the neo bank was rolled out to the public. We’ve always said that we will look to innovate.

Branding 181

Branding Resources Digital Banking Regulation 181

PYMNTS

NOVEMBER 13, 2019

The branding will reflect the financial institutions and not Google. The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. According to research from Accenture , FinTech startups threaten to take a $280 billion piece of banks’ payment revenue pie by 2025 – worth 15 percent.

Google 161

Google Fintech Apple Survey 161

PYMNTS

AUGUST 7, 2019

Without a regulatory mandate, many in the financial services and FinTech space believe that competition will — and already has — nudged the industry toward embracing data integrations across platforms and service providers in the name of better banking experiences. market is not like others across the globe. For instance, in the U.K.,

Fintech 181

Fintech Strategy Resources Payments 181

PYMNTS

OCTOBER 23, 2020

For brands and merchants — from the largest marquee names in luxury retail to the smallest shops to artisans peddling handcrafted wares — going direct to consumer (D2C) has never been more urgent. Those merchants want to be paid in a wide range of local currencies, and in some cases may be operating from highly regulated countries.

Payments 187

Payments Branding Trends Online 187

PYMNTS

FEBRUARY 24, 2017

B2B FinTech startups came close to hitting the $100 million investment mark this week, with funding rounds in the U.S., The $20 million funding round for Australian alternative lending platform Prospa has set a record, according to reports, as the largest FinTech venture capital funding in the country. Soundtrack Your Brand.

Fintech 109

Fintech Capital Lending blockchain 109

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. Take, for example, markets like the food and beverage, pharmaceutical and medical supplies space. In California, where WAYV operates, and where the legal cannabis market is expected to reach a $5.1

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

APRIL 30, 2018

Anyone in a regulated industry — and that’s just about all of them — are also plenty dubious about using cryptocurrencies as the processing rails for supporting those pilots and incorporating them into their longer-term plans should their pilots show promise. And to learn.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

AUGUST 21, 2019

European challenger banks like Monzo and N26 are expanding to new markets and an increasing number of other financial players are launching suites of products and services designed to entice customers away from their traditional financial institutions (FIs). Around the Digital Banking World. Considering 76 percent of U.S. About the Tracker.

Trends 194

Trends Digital Banking Innovation Regional 194

PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising. 70 percent.

Payments 195

Payments Regulation Security Data 195

PYMNTS

NOVEMBER 2, 2018

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of data between customer accounts and third parties. This is where open banking initiatives come in to make the problem even more complex. What happens?

Security 194

Security Data Strategy Trends 194

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. While customer relationships are being redefined by fintechs, there will always be a place for community banking.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

PYMNTS

JUNE 28, 2019

The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. s Automobile Association and a Bank of Ireland branded card. (It FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 FinTech startups increased 57 percent to $1.6

Cards 100

Cards Charlotte Fintech Innovation 100

PYMNTS

OCTOBER 22, 2018

Despite the rise of FinTech firms and challenger banks hoping to offer small businesses (SMBs) a better banking experience, large traditional financial institutions (FIs) continue to hold the dominant position in the SMB financial services (FinServ) space. Yet, the report also shows the limitations of the U.K.’s

Fintech 155

Fintech Maine Survey Regulation 155

PYMNTS

JUNE 26, 2019

Despite the compliance deadline being set back in 2015, many banks that offer application programming interfaces (APIs) to third-party providers and FinTech firms are still unprepared for SCA. Regulations can build trust and goodwill, though. Banks Competing with FinTechs. Merchant partners are also getting up to speed.

California 109

California Regulation Fintech Data 109

NCR

APRIL 6, 2018

The new regulations came into effect on January 13th 2018. Is it possible that some banks could become ‘wholesalers’, looking after the core regulated banking functions, while others take on the role of ‘retailer’? New distinctions. Image: iStock/textureeyes. appeared first on Banking.com.

Retail 69

Retail Marketing Regulation Trends 69

PYMNTS

JANUARY 30, 2019

The global economy offers a wide range of opportunities for businesses to expand their reach, and promote their brands to new markets. The challenges faced by merchants, banks, FinTech firms, retailers and other players looking to expand globally are also creating a market for potential solutions to their KYC and AML needs.

How To 170

How To blockchain Compliance Regional 170

Gonzobanker

JUNE 7, 2023

Mix in the added drama of regulators condemning the banking-as-a-service model, and there’s added risk. Bonus complication: Any brand would struggle to win over the trust of an audience that may have used the same account for decades. Here, there are existing fintech tools developed for older adults. life expectancy was 76.1

Los Angeles 118

Los Angeles Fintech Digital Banking Tools 118

PYMNTS

FEBRUARY 1, 2019

Though it’s been more than a year since each submitted applications to process payments in the $124 trillion market, the People’s Bank of China (PBoC) hasn’t acknowledged and accepted the applications. The failure to formally accept applications from two of the biggest credit card brands in the world seems to be proof of that.

Cards 171

Cards Regulation Branding Payments 171

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. In 2021, there were more than 120 fintech IPOs in the U.S., Acquisition of the Year: Bank Acquiring a Fintech. Oh, what a mere 12 months can do.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

MARCH 4, 2017

And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. . How can banks stay competitive while still cooperating with FinTechs?

Innovation 191

Innovation Data Fintech Exercises 191

Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. was that private markets will see more liquid infrastructure. In human words, the private markets will become a lot more accessible. Fintech-like. With COVID-catalyzed adoption boosting usage numbers this year, it is a great time for a B2C fintech to cash in.

Fintech 52

Fintech Capital Company Data 52

Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. was that private markets will see more liquid infrastructure. In human words, the private markets will become a lot more accessible. Fintech-like. With COVID-catalyzed adoption boosting usage numbers this year, it is a great time for a B2C fintech to cash in.

Fintech 52

Fintech Capital Company Data 52

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. But a national charter would allow for a uniformity of presence and market scope.

National 215

National blockchain Montana Lending 215

PYMNTS

AUGUST 21, 2020

Apple this week officially went where no firm has gone before, as its market capitalization tipped over the $2 trillion mark. The milestone was not only a stock-market first, but Walmsley said it reflected a major shift in what business Apple is really in. Here’s what they discussed: Apple $2 Trillion Triumph.

Company 206

Company Apple Payments Branding 206