CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. In the introduction to the RFI, the FHFA noted President Biden’s March 2022 executive order.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

Bank Innovation

FEBRUARY 19, 2019

Community Capital Technologies, Denizen Financial, Diro Inc., Six of the startups come from INV Fintech, this website’s sister […]. The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Exagens Corp.,

Innovation 240

Innovation Community Capital Fintech 240

Bank Innovation

AUGUST 3, 2018

In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined. 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? Well, they don’t.

Fintech 186

Fintech Technology Report Company 186

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Track the LatAm fintech companies in this brief and many more on our platform. Track LatAm fintech companies. LatAm Fintech. Fiinlab, Vox Capital.

Company 65

Company Fintech Comparison Marketing 65

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart. Innovation is expensive.

Innovation 150

Innovation Technology Google Compliance 150

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart. Innovation is expensive.

Innovation 150

Innovation Technology Google Compliance 150

Payments Source

JANUARY 9, 2019

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups.

Fintech 92

Fintech Compliance Security Data 92

Let's Talk Payments

APRIL 20, 2016

Cryptocurrencies seem to be taking a special place in the minds of financial industry professionals as a wide range of cryptocurrencies have reached quite a significant market capitalization and turnover.

cryptocurrency 40

cryptocurrency Capital Industry Marketing 40

PYMNTS

OCTOBER 11, 2018

In news that may be separated from the vagaries of cryptocurrency trading, Banco Santander said this week that it will use Ripple’s ledger, bringing payments across the bank’s OnePay FX platform. Beyond that trading, noted Forbes , there has been speculation that banks would embrace Ripple to move money through cross-border conduits.

blockchain 194

blockchain cryptocurrency California Conference 194

PYMNTS

JANUARY 6, 2019

Local FinTech firms such as PeerSafe will be supplying technical support. In other news, Vaishali Mehta, who worked as a senior compliance manager at Coinbase, has left the company to become the head of compliance for TrustToken , which produces the TrueUSD stablecoin. Mehta is the latest Coinbase executive to jump ship.

blockchain 160

blockchain Bitcoin Compliance Regulation 160

PYMNTS

MARCH 23, 2016

What once may not have been taken seriously — cryptocurrencies and futuristic payments — is today exploding as the innovation financial institutions are targeting for investments, largely hoping to get a jump on the blockchain before disruption takes a bite out of their traditional business. FS must leverage the FinTech ecosystem.”.

blockchain 100

blockchain Fintech cryptocurrency Innovation 100

Bank Innovation

APRIL 4, 2016

Fintech is far from a U.S.-only only phenomenon, as this week’s top funding rounds make clear.

Fintech 150

Fintech Analysis Online Security 150

PYMNTS

DECEMBER 6, 2017

Collaboration between FinTechs and banks. A small business needs working capital, letters of credit, export insurance logistics, shipping insurance and credit protection. That’s where FinTech comes in. One will be the impact of FinTechs on the industry as they emerge as larger, more influential players in the market.

Payments 183

Payments blockchain Innovation Fintech 183

Gonzobanker

NOVEMBER 22, 2022

Barnum’s classic quote about a sucker being born every minute has reigned with the likes of Softbank, Tiger Management, Sequoia Capital, Kevin “Mr. So, we need a solution that uses identity, privacy, compliance, and regulation to ensure that DeFi continues to grow to its full potential.”. And once again, P.T.

Regulation 178

Regulation blockchain Marketing Strategy 178

Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

Innovation 150

Innovation Seattle Fintech US 150

Bank Innovation

SEPTEMBER 27, 2017

Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? What is the state of banking innovation today? Each year, we poll the industry to find out.

Innovation 257

Innovation blockchain Fintech Industry 257

Bank Innovation

NOVEMBER 15, 2017

EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees.

Conference 225

Conference Innovation Fintech How To 225

CB Insights

MAY 8, 2018

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. In still other cases, accredited investors buy tokens via cryptocurrency purchase agreements. The encrypted messaging service raised $1.7B End of story.”

blockchain 75

blockchain Trends Technology cryptocurrency 75

PYMNTS

JULY 24, 2020

Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. Last week, Revolut, which recently debuted in the U.S.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

JULY 7, 2017

That’s Amazon’s commitment to its India ops, where growth is sizzling enough, and competition robust enough, to mandate heavy duty capital allocation. FinTech grab $14 million in financing, a sign of confidence in both product and market. That may spell sluggishness for continued B2B and other transactions.

Bitcoin 100

Bitcoin Google social media cryptocurrency 100

CFPB Monitor

JUNE 11, 2019

This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. Utah Governor Gary Herbert signed H.B. 378 , Regulatory Sandbox, into law on March 25, 2019.

Utah 60

Utah Arizona Regulation Innovation 60

Fintech Labs Insights

SEPTEMBER 10, 2015

The $208 million this week brings total 2015 YTD fintech fundings to $12.4 The post Fintech Fundings: 18 Companies Raise $210 Million Week Ending Sep 10 appeared first on Finovate. Tags: Regulations, compliance, enterprise, bank management. Following are the fundings from 4 Sep to 10 Sep by size: FundBox. Total raised: $43.7

San Francisco 12

San Francisco New York City Company Fintech 12

Lex Sokolin

JULY 1, 2019

Goldman Sachs entered and dominated personal digital lending, runs a neobank and roboadvisor, bought a large digital wealth footprint in United Capital, launched a credit card in partnership with Apple, and is now looking into cryptocurrency stablecoins ?—?something as it has over and over again across Fintech.

Bitcoin 40

Bitcoin System Software blockchain 40

Fintech Labs Insights

JUNE 6, 2016

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Capital Float. Working capital financing. The post Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13 appeared first on Finovate. Tags: Consumer, payments, cryptocurrency, bitcoin, blockchain, remittances. Consumer alt-lender.

Company 12

Company Fintech San Francisco New York City 12

Lex Sokolin

DECEMBER 25, 2019

If you read anything but this newsletter, you’ve got to read: Blockchain Capital’s 2019 Year in Review Messari Research Crypto Theses for 2020 DappRadar 2019 dapp Industry Review Decentralized Finance Overview So let’s narrow our entire lens to decentralized finance. all Fintech unicorns?—?that

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

DECEMBER 4, 2017

FinTech innovators are finally paying attention to the B2B sphere, and much of that focus has landed on the cross-border payments space — a notoriously clunky, expensive and opaque burden for many business payers. Traditional banks are often at the center of that global B2B payments friction. A Collaborative Effort. Beyond U.S.

Fintech 104

Fintech Payments Regulation Innovation 104

BankUnderground

AUGUST 9, 2022

Widespread adoption of crypto in the metaverse, or any other setting would require compliance with robust consumer protection and financial stability regulatory frameworks. Types of cryptoasset include non-fungible tokens (NFTs), cryptocurrencies, utility and security tokens. The role of cryptoassets. or leave a comment below.

System 126

System blockchain cryptocurrency Lending 126

PYMNTS

MARCH 23, 2018

The company raised $20 million , reports this week said, with China-based cryptocurrency hedge fund FBG Capital leading the way. INBlockchain and Kenetic Capital also participated, according to reports. Aldrich Capital Partners announced a $26 million equity investment in accounts payable company Paymerang. B2B payments.

blockchain 110

blockchain Capital Management Software 110

PYMNTS

JULY 23, 2018

Legacy banks around the world have been under tremendous pressure in recent years to transform their business models, as upstart FinTech companies are removing the barriers to entry and credit access that have kept large numbers of growth businesses and consumers out of the market. The report showed that investments hit a record $27.4

blockchain 108

blockchain Cards Study Seattle 108

CB Insights

JULY 1, 2018

In honor of Canada Day this weekend, we used CB Insights’ database to compile 150 notable tech companies, most active venture capital and corporate investors, and top exits of Canada’s private company tech scene into a periodic table. The list includes VCs such as BDC Venture Capital and Real Ventures, among others.

Software 78

Software Capital Mobile Technology 78

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 195

Fintech Community Regional Technology 195

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank. The Remorseful Pioneer Award.

Community 216

Community Fintech Industry Innovation 216

Fintech Labs Insights

FEBRUARY 23, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 FlexScore was bought by United Capital . Seven weeks into the new year, fintech companies have raised $4.7 Risk management and compliance software.

Company 12

Company Fintech San Francisco Texas 12

Fintech Labs Insights

NOVEMBER 9, 2015

It was the sixth week in a row that the number of fintech fundings topped 20. Expansion Capital Group. Tags: Consumer, debit card, payments, cryptocurrency. Last week, 20 companies raised $175 million, including $25 million in debt. And the dollar total has hit 9-figures ($100 mil) or more 12 weeks in a row now. Change Labs.

Company 12

Company Fintech South Dakota San Jose 12

CB Insights

MAY 15, 2019

With recent advances in blockchain, cryptocurrency, contactless payments, and more, finance is primed for disruption. As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Capital One — Capital One Labs.

Innovation 78

Innovation blockchain Technology Groups 78