PYMNTS

JANUARY 21, 2020

It also plans to hire more employees with the capital. Challenger banks have been an attractive industry for venture capital activity, as firms continue to pop up and try to disrupt the status quo. Compliance startup Chainalysis landed $30 million in a funding round, and Open Financial Technologies raised $4.6

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Her role will include legal and compliance oversight including the company affiliate, Brex Treasury LLC, a Securities and Exchange-registered broker-dealer.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

PYMNTS

SEPTEMBER 6, 2019

But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

MAY 20, 2019

On Monday (May 20), the Czech Banking Association said it welcomed the proposal, and Babis said big banks in the country have agreed in principle on a starting capital of six billion Czech crowns ($259.92 million) to put into the fund. The association said the fund should be independent and fully professional. .

National 108

National Capital Compliance Financial Technology 108

William Mills

FEBRUARY 6, 2020

Dear Readers, The speed of change in financial technology has never been faster – nor has the rush to learn about it, foster it, and invest both capital and resources to achieve better performance. There are literally tens of billions of dollars budgeted for technology in the financial industry in the U.S.;

Resources 54

Resources Compliance Financial Technology Capital 54

PYMNTS

APRIL 16, 2019

Wirecard, the digital financial technology company, announced Tuesday (April 16) it is expanding its partnership with O2 Czech Republic, the largest telecommunications player in the Czech market. It also offers online completion of transactions that meet new compliance rules.

Compliance 100

Compliance Mobile Financial Technology Online 100

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

Gonzobanker

AUGUST 17, 2022

Plaid acquired ID verification and KYC/AML compliance platform Cognito Mitratech Holdings acquired compliance risk and vendor management solution Continuity Mitek acquired KYC onboarding and analysis solution HooYu Equifax acquired post-transaction fraud solution Midigator. Reg & Risk: Still Showing Up For Surprise Quizzes.

Fintech 195

Fintech Lending Software Compliance 195

PYMNTS

OCTOBER 9, 2019

As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland. percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

DECEMBER 11, 2019

An explosion of FinTechs looking to fill the gaps left across under-banked and under-financed populations — including, in many markets, small businesses — has watchdogs exploring how to promote financial inclusion and access to capital while maintaining borrower protection.

Fintech 144

Fintech Lending Regional Regulation 144

Payments Source

NOVEMBER 8, 2017

Revolut, the London-based financial technology startup that’s raised more than $86 million in venture capital, said it’s applying for a European banking license to broaden the portfolio of services it offers customers.

Financial Technology 63

Financial Technology Capital Payments Technology 63

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150

PYMNTS

MAY 6, 2020

But, Massaro noted, the digital classroom doesn’t cut expenses for these schools as much as it might seem, so they’ll have to adjust cash flow strategies as a result of changing capital in-flows. An Interconnected Ecosystem. Similar challenges have emerged in industries like travel and healthcare, although with unique reasons for each.

Management 160

Management Strategy Policies Industry 160

PYMNTS

MAY 6, 2020

But, Massaro noted, the digital classroom doesn’t cut expenses for these schools as much as it might seem, so they’ll have to adjust cash flow strategies as a result of changing capital in-flows. An Interconnected Ecosystem. Similar challenges have emerged in industries like travel and healthcare, though with unique reasons for each.

Management 159

Management Strategy Policies Industry 159

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Qualifying top five venture capital investors (e.g. venture capital, growth equity, and super angel) and corporates (e.g. Capital markets. digital collectibles”). Regulatory tech.

Fintech 93

Fintech Marketing US Technology 93

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC.

Policies 60

Policies Lending Data Online 60

CFPB Monitor

JULY 21, 2022

in a manner that the Secretary determines appropriate to assess compliance” with the amendment. After the random audits, the Secretary will submit reports to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate.

United States 78

United States Taxes Regulation Compliance 78

PYMNTS

JUNE 7, 2018

The bill increases the threshold from $50 billion in assets first to $100 billion, and then to $250 billion, before a bank is statutorily required to face higher regulatory scrutiny, stress tests and capital requirements. What’s Next.

Community Bank 157

Community Bank Community Millennials Regulation 157

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. FDIC-insured deposits largely solve this problem for banks. Core deposits also come at much lower costs.

Community Bank 70

Community Bank Community Lending FDIC 70

Fintech Labs Insights

MAY 26, 2017

The deal with ABN AMRO is the latest in a string of wins for the Dublin-based compliance specialist. Earlier this month Fenergo announced a deal to deploy its Client Lifecycle Management technology with HSBC Group. And this spring, the company was named to Planet Compliance’s RegTech Top 100 Power list.

Management 17

Management Innovation Compliance Capital 17

PYMNTS

JULY 11, 2017

In the latest PYMNTS Commanders in Chief series, Bruce Lowthers, executive vice president of FIS Global, a financial technology solutions provider , and president of the company’s Payments Division , didn’t set out to be an innovator. The real impact is that it’s taking capital away from new growth initiatives.

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

JANUARY 27, 2021

In this week’s look at the latest in Commercial Card Innovation, PYMNTS examines the tactics industry players use to overcome hurdles, including complex strong customer authentication (SCA) compliance requirements and the pain of supplier non-acceptance. Tat Capital Debuts Value-Add For Corporate Cards.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

OCTOBER 1, 2018

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As

Lending 135

Lending Fraud Management San Francisco 135

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

JUNE 3, 2020

. “For years, we’ve heard from banks that they are looking to streamline their trade finance business, improve their client experience and better respond to their clients’ needs in the working capital space,” he said. RevoluPAY Secures PSD2 License. Solution Finder Links Banks To Finserv.

Fintech 171

Fintech Tools Technology Meeting 171

PYMNTS

FEBRUARY 22, 2017

Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negative impact for businesses. ” They can configure themselves to corporates’ complex financial needs, which vary across industry, he said.

Compliance 135

Compliance Regulation Management Fintech 135

Bank Innovation

APRIL 8, 2019

The new funds would be used to finance the expansion of the Tel Aviv-based financial technology firm, the people said, who asked for anonymity as the matter […].

Fraud 150

Fraud Financial Technology Online Technology 150

CB Insights

DECEMBER 5, 2017

Assurant most recently made a $5M investment in professional rental management company Vacasa , while AIG made investments in 2015 in construction-site wearable safety firm Human Condition Safety and cyber defense services and compliance firm K2 Intelligence. Number of investments (since 2012): 2. Stated investment focus: N/A. 13 in 2015.

Strategy 28

Strategy Marketing Analytics Innovation 28

PYMNTS

MAY 4, 2018

Payments are moving toward greater speed, efficiency and choice – and in P2P payments, that’s led to the rise of financial technology giants. Spottiswood said that will include financial support, mentorship, compliance services, marketing and back-office support. ” .

Payments 115

Payments Marketing Innovation Trends 115

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

Fintech Labs Insights

JUNE 6, 2016

Capital Float. Working capital financing. Bridge Financial Technology. Back-office platform for financial advisors . Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Total raised: $35 million. HQ: Daytona Beach, Florida. Source: Crunchbase. Total raised: $41 million.

Company 12

Company Fintech San Francisco New York City 12

Independent Banker

OCTOBER 31, 2022

Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc. Leverage the technology to free up human capital by spending less time sorting through data,” says Hovde. Today … people expect specialized services everywhere, all the time.”. Paperwork takes way too long.”. Susan Springer is a writer in Oregon.

Community Bank 91

Community Bank Community Customer Experience Data 91

William Mills

SEPTEMBER 9, 2016

Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. Blue, Red (Compliance), Green (what bankers do best). To be truly client centric, you need to engage with your clients where they want.

social media 40

social media ATM Mobile Customer Experience 40

Fintech Labs Insights

OCTOBER 3, 2016

Forged strategic partnership with United Capital. Personal Capital ( FD15 ). Added to its Compliance Document Management Solution, CertCapture. Teamed up with fellow alums OnDeck and CAN Capital to form Innovative Lending Platform Association. Added to KBW Nasdaq Financial Technology Index. Authy ( FD15 ).

San Francisco 18

San Francisco Taxes Lending Colorado 18

Gonzobanker

DECEMBER 14, 2023

GonzoBanker of the Year (Mid-Size Bank) – goes to David Findlay, CEO of Lakeland Financial. Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. Grab some popcorn and watch.

Fintech 195

Fintech Community Regional Technology 195

Gonzobanker

DECEMBER 19, 2022

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Goes to Tom Brown and the Second Curve Capital team for the inspiring message from Clemson CEO Jim Clements.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

DECEMBER 6, 2018

A variety of factors go into why large banks are less likely to approve small business loan applications than credit unions, including tighter risk and capital control requirements, as well as greater application volume. It’s about understanding and humanizing the unique challenges the small businesses face when seeking capital.”

Training 161

Training Fintech Lending Customer Experience 161