PYMNTS

AUGUST 12, 2020

With the dramatic shift towards digital payments, the rise of open banking and the growth of blockchain and cryptocurrencies, there’s never been a more exciting time to be an innovator in FinTech,” said Ken Moore, executive vice president and head of Mastercard Labs. Startups in this growing network have gone on to raise $2.7

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Fintech Innovation cryptocurrency blockchain 163

Bank Innovation

DECEMBER 19, 2017

Aside from the important events like record-level funding for fintechs across the globe, cryptocurrency mania, Coinbase entering the Unicorn club at a $1.56B valuation in the last quarter, there have been some […].

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Trends Fintech cryptocurrency Operations 352

PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

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Lending blockchain Capital Software 129

PYMNTS

JULY 22, 2019

Online platform eBay announced it has tapped Peter Thompson, former vice president of Amazon’s Alexa Voice Services, as its new senior vice president and chief product officer. Before his work at Amazon, he was chief operating officer of TiVo and held executive roles at Microsoft, T-Mobile, Ericsson and Sonos.

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San Jose CA blockchain Leadership 128

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. The talks are not final and no deal has been made. Jack Randall, a spokesman for Robinhood, declined to comment.

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PYMNTS

MARCH 7, 2018

According to news from Cointelegraph , venture capital funding for blockchain and blockchain-adjacent startups (which use technologies like bitcoin, Ethereum and other virtual currencies) this year is on track to exceed 2017 funding in this industry. To date, an estimated 130 deals have been inked in 2018, valuing about $400 million.

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blockchain cryptocurrency Analysis Operations 160

PYMNTS

JANUARY 13, 2021

billion planned acquisition of Plaid after objections stemming from a Department of Justice (DOJ) antitrust lawsuit, which said it would put Visa in a position to maintain a monopoly in the online debit card market. 13) on the Nasdaq Global Select Market and the Nasdaq Capital Market under the symbols “BTRS” and “BTRSW,” respectively.

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Analytics Fraud Payments Capital 145

Bank Innovation

JANUARY 2, 2019

Then there is also the possible revival of older trends (hint: cryptocurrency could be […]. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

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Trends Fintech cryptocurrency Payments 218

PYMNTS

AUGUST 25, 2017

Researchers found that online lenders are headed for a five-year low in venture capital levels. Capital Float. With $45 million in fresh funding, Capital Float, based in India, said it is on a path to growth when it comes to small business lending. Northern Light Venture Capital and LB Investment also participated.

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Lending Capital cryptocurrency Company 104

PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Or does it?

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Fraud social media cryptocurrency National 101

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks.

Payments 240

Payments Tools Security Regulation 240

Bank Innovation

APRIL 3, 2018

The money, as previously mentioned by the startup, will go towards expanding its international operations. BitPay, a blockchain payments company, closed a Series B of $40 million yesterday, the company announced. The first stop for this expansion will be Asia.

blockchain 316

blockchain Operations Marketing Payments 316

PYMNTS

DECEMBER 30, 2020

Cryptocurrencies are hot and bitcoin has soared more than nearly 600 percent in recent months to trade at or near all-time highs, making this a strong moment for leading U.S. We strive to be the easy, trusted way for anyone to get started with cryptocurrencies,” the company said at the time. “We In addition to operating some 1,500 U.S.

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Marketing Company Online Management 198

PYMNTS

MARCH 29, 2018

Parker said the startup is working to get the payments industry comfortable with the idea of operating in the cloud. While some countries are struggling more than others, Emailage found that every region is facing new challenges in the wake of EMV going online. Here’s what’s been going on in the world of startups in the month of March.

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cryptocurrency Regional Bitcoin Cards 109

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Sales and trading operations within banks can be lucrative. Capital Float is an India-based startup providing business loans through a lending platform.

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America Lending Cards San Francisco 101

PYMNTS

NOVEMBER 13, 2017

” Such was the difficulty on the Ethereum cryptocurrency network this week, when a few hundred million dollars (no specific amount has been released yet) were frozen due to a vulnerability in the wallet. PayPal will allow Indian consumers to use the platform to shop online at some of the country’s most popular businesses.

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St. Louis cryptocurrency Cyber Security Fintech 108

CB Insights

NOVEMBER 6, 2018

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: This UK-based company operates data centers in Europe and Asia. Auto1 Group now has operations in more than 30 countries. Global Switch.

Groups 76

Groups Capital Operations Fintech 76

PYMNTS

MAY 16, 2018

. “I certainly don’t think blockchain is an existential threat to Facebook today,” Spencer Bogart, a partner at Blockchain Capital, a San Francisco-based venture firm that invests in blockchain companies and cryptocurrencies, told CNBC. “Could it be? Yes, longer term. Blockchain, of course, is not for sale.

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blockchain social media San Francisco Google 101

CB Insights

AUGUST 26, 2021

SoftBank’s capital firepower has helped it become the #2 unicorn investor in the world. Many of SoftBank’s portfolio companies operate across a variety of different industries. SoftBank has backed a slew of edtech startups in 2021, from AI tutor Riiid to online education platform Unacademy to employee upskilling company Go1. .

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Regional Fintech Analysis Company 94

PYMNTS

SEPTEMBER 16, 2016

Also, high capital costs of the latest mining facilities and systems are creating a barrier to entry for new miners. The concentration of bitcoin mining increases the likelihood miners will collude to attack the blockchain, and as profitability goes down, fewer miners will operate and existing incumbents will consolidate.

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Bitcoin National Security Policies 100

PYMNTS

JANUARY 13, 2017

But if you’re Amazon, and any number of online-focused tech mavens, this winter is nothing short of balmy. billion for Intime, the Chinese mall operator, had some on Wall Street perplexed about the 42x premium being paid for the shares of the brick-and-mortar firm. Amazon Prime (Now With Credit Card!). American Apparel. The culprit?

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Bitcoin Retail Branding Cards 100

CB Insights

DECEMBER 4, 2019

Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. Traction/Metrics: Today’s iteration is Amazon Pay, a digital wallet for customers and a payments network for both online and brick-and-mortar merchants and shoppers. Amazon Cash.

Cards 101

Cards Lending Strategy US 101

PYMNTS

DECEMBER 13, 2017

The commentary reflects the surging value of cryptocurrencies and how eager investors are to take part in the industry. survey last year that reported they trust their banks as payment providers, compared to 40 percent that trust their alternative online payment providers. 59 percent | Percentage of SMBs polled in a Visa U.K.

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Bitcoin cryptocurrency Data Community Bank 123

Independent Banker

NOVEMBER 25, 2015

Meanwhile new competitors regularly emerge, including person-to-person facilitators such as digital wallet provider Venmo, crowd-funding loan provider Lending Club and real-time cryptocurrency settlement company Ripple. See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.).

Community Bank 70

Community Bank Community Analytics Lending 70

CB Insights

OCTOBER 10, 2018

One of the biggest challenges these companies face is that many operate without a bank charter or license. Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. why profitability won’t come easy. As a result, they can only offer limited services.

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Retail Cards Millennials Mobile 78

PYMNTS

APRIL 10, 2017

The online retail giant just announced a plan to create over 5,000 new part-time roles over the next year as part of its Virtual Customer Service program — a program that essentially allows employees to work from home in customer service. Yes, we checked. A few times. It wasn’t an April Fool’s prank. But the deal has some conditions.

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Bitcoin Data ATM New Jersey 108

Bank Innovation

JULY 19, 2018

Posting $10 billion in revenue for Q2’18, up 9% from the same quarter last year, American Express‘s post-market earnings call reveals a battle for a strategic partnership, which Amex won against JPMorgan Chase.

Management 218

Management Marketing Operations Capital 218

PYMNTS

OCTOBER 21, 2019

As Nan Siler, head of payment and financial operations at Kabbage, noted, it’s been a pretty wild ride, thus far. We’ve watched the payments industry address changes in customer behavior, shifts in compliance rules (GDPR, UBO, CCPA, EMV), the introduction of cryptocurrencies and the race to move money faster. The list goes on.

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Innovation Payments Apple Mobile 131

PYMNTS

JANUARY 21, 2021

The platform in question, according to the release, will also help with things like simplifying IT infrastructure and lowering operating costs. Raj Chowdhury , CEO of HashCash Consultants, said the platform was intended to "help reduce processing time through instant settlements and safe, online exchange of documents.".

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blockchain US cryptocurrency Payments 233

Bank Innovation

SEPTEMBER 27, 2017

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

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Innovation blockchain Fintech Industry 257

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Innovation Bitcoin Fintech Industry 220

Bank Innovation

FEBRUARY 1, 2019

E-commerce giant Amazon mentioned its cloud computing platform Amazon Web Services, or AWS, 58 times, its virtual assistant Alexa 25 times, and retail just once in its earnings release for the fourth quarter of 2018. Perhaps this is an indicator of where the company sees its future growth potential?

Retail 186

Retail Company Operations Capital 186

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.

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Conference Innovation Fintech How To 225

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

Bank Innovation

AUGUST 3, 2018

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. In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined.

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Fintech Technology Report Company 186

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Table of contents. STAYING PRIVATE.

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Management Capital Company Marketing 78

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.

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Innovation Seattle Fintech US 150