PYMNTS

JANUARY 13, 2021

India has until this point been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). The user can take all those payments they can make from the Paytm app and build a hub [to] manage their life issues.”.

Digital Banking 156

Digital Banking Conference Lending Payments 156

PYMNTS

DECEMBER 1, 2019

There are limits on ATM withdrawals and online payments. Eventually, the startup wants to allow teens to get paid for particular chores or jobs and let more than one parent manage a child’s account. million) from Global Founders Capital. This is not the first banking account designed for teenagers. Pixpay costs €2.99

Digital Banking 151

Digital Banking ATM Cards Capital 151

PYMNTS

JANUARY 13, 2021

The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

PYMNTS

APRIL 12, 2019

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. Back Office.

Capital 139

Capital Cards Payments Fintech 139

PYMNTS

NOVEMBER 9, 2020

Plus, Lloyds Bank partners with a FinTech to streamline supply chain finance, Expensemanager collaborates to automate expense management and Xendoo pairs up on accounts receivable optimization. Lloyds Bank, Demica Team up for SCF Digital Onboarding. Expensemanager Teams With Sage Intacct to Automate Expense Management.

Payments 190

Payments Software Digital Banking Fintech 190

PYMNTS

MARCH 11, 2020

The FinTechs take in capital, the capital makes loans, which, though well above benchmark rates, is below credit card rates. In at least a bit of acknowledgment that capital does not come cheap, Lending Club took the step earlier this year of buying Radius Bank, an online bank that offers checking and savings accounts.

Digital Banking 130

Digital Banking Lending Capital Fintech 130

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201

Fintech Capital Groups ATM 201

PYMNTS

SEPTEMBER 30, 2020

The FinTech Capify has pulled in an additional $10 million in an equity round of funding and is banking on continued support from the Goldman Sachs Merchant Banking Division for its lending platform, which is geared to small to medium-sized businesses (SMBs). Capify is an online alternative lender that serves SMBs in the U.K.

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

AUGUST 21, 2020

JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said.

Report 173

Report Digital Banking Lending Technology 173

PYMNTS

JANUARY 19, 2021

National Australia Bank Chooses Eedenbull. National Australia Bank (NAB) has chosen Eedenbull to integrate its payment and spend management technology for SMB customers. NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. X1 Card Raises $12 Million In Funding Round Led By Spark Capital.

Cards 152

Cards California Capital Tools 152

PYMNTS

SEPTEMBER 2, 2020

Brazilian digital bank Neon is gearing up for another big wave of expansion after landing hundreds of millions of dollars in venture capital funding. The expansion comes as Neon rides a wave of growth amid the coronavirus crisis, which has spurred interest in digital banking around the world.

Digital Banking 143

Digital Banking Leadership Capital Taxes 143

PYMNTS

DECEMBER 28, 2020

The new cloud-based system can help FIs manage loans from origination and review to renewal and modification. Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services.

North Carolina 197

North Carolina Houston Fraud Innovation 197

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

NOVEMBER 24, 2020

In today’s top news in digital-first banking, online banking platform HMBradley has raised $18.25 Plus, Spanish financial firm BBVA has created an offering that simplifies expense management. Digital Bank HMBradley Raises $18.25M to Accelerate Credit Program. HMBradley announced on Tuesday (Nov.

Tools 141

Tools Payments Cards Digital Banking 141

PYMNTS

SEPTEMBER 20, 2020

The card will let companies manage their finances through live file management and make revenue-based repayments, too. According to recent numbers from PYMNTS’ September Buy Now, Pay Later Tracker® in conjunction with AfterPay, online spending with U.S. Common plans offer four-installment payments as ways to buy items.

Cards 254

Cards Fintech Management Lending 254

PYMNTS

FEBRUARY 27, 2020

Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy.

Fintech 192

Fintech Fraud Data Lending 192

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 15, 2021

In total, investors placed nearly $600 million for firms in the B2B payments, T&E, financial management and other B2B spaces. Despite a slowdown in corporate travel, expense management and travel booking technology provider SalesTrip still managed to impress investors, which pumped $1.4 Modern Treasury. Modern Treasury.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. I would say talent management is definitely top of mind.”.

Fraud 117

Fraud Data Management Analytics 117

PYMNTS

APRIL 27, 2016

Goldman Sachs has officially entered the world of online retail banking. On Tuesday (April 26), various media outlets reported that the investment bank is expanding its customer base with the launch of its own FDIC-insured, Internet-based savings bank called GS Bank. savings bank annual yield of.06

Retail 100

Retail Online FDIC Software 100

PYMNTS

JUNE 3, 2020

Lili , which works to provide online banking services for freelancers, notched $10 million in a seed funding round led by Group 11, according to a press release. Foundation Capital, AltaIR Capital, Primary Venture Partners and Torch Capital also participated, the release states. or 35 percent of the workforce.

Taxes 130

Taxes Capital Tools Mobile 130

PYMNTS

JULY 31, 2020

the San Francisco-based online bank, had the last laugh. On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. As a national charter, the bank can offer credit and cash-flow management, the company said.

National 172

National Fintech San Francisco Connecticut 172

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. FICO Admin. Tue, 07/02/2019 - 02:45. by Sarah Rutherford. expand_less Back To Top.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

DECEMBER 7, 2020

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley to go public with a special purpose acquisition company (SPAC) merger. Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online.

Payments 131

Payments Apple Video New York 131

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. This demand is driving the global expense management software market to reach $6.6 Yordex offers virtual cards as well, which can be used to manage online business expenses, such as recurring subscription charges.

Tools 141

Tools Boston Cards Management 141

Gonzobanker

JUNE 11, 2018

Attendance at American Banker’s Digital Banking conference has grown significantly since I was here in 2016, reflecting the obvious interest levels in digital, yet the vibe remained largely the same as two years ago…. See you can align your business and digital strategy. And yes, you can humanize digital banking.

Conference 70

Conference Digital Banking Austin Digital Strategies 70

Gonzobanker

AUGUST 17, 2022

Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

DECEMBER 1, 2020

“There is an urgent need for solutions that support property management companies' efforts to conserve resources and structure processes more efficiently," Aareal Bank Managing Director Christian Fahrner said in the announcement. "We We are meeting this need precisely with the Aareal Exchange & Payment Platform.".

Groups 150

Groups Payments Resources Management 150

PYMNTS

DECEMBER 16, 2020

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. to power its digital private banking offerings. FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account. to fuel its online private banking offerings.

Bitcoin 157

Bitcoin FDIC Cards California 157

PYMNTS

JUNE 14, 2019

However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. banks, the banking industry was found to be lacking. Automotive dealers (570) and property managers (558) fared best of all. Bank responded to 71 percent.

Retail 103

Retail Study Online Mobile 103

PYMNTS

SEPTEMBER 28, 2020

Ant is the parent company of Alipay , its online and mobile payments platform. China International Capital Corp. Morgan Chase and Morgan Stanley are managing the Hong Kong sale. In January, state-owned oil company Saudi Aramco set the previous record of $29.4 Citigroup , J.P.

Groups 272

Groups Fintech Mobile Report 272

PYMNTS

AUGUST 17, 2020

BMO has finished the creation of a portal that will enable small business clients to transmit their financial data to Intuit QuickBooks Online. “This collaborative relationship with Intuit Canada is an important step toward a larger open banking framework. .”

Data 150

Data Online Groups Capital 150

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors. Below, PYMNTS breaks down how more than $420 million in funding landed with B2B startups.

Payments 149

Payments Capital Taxes Lending 149

Bank Innovation

FEBRUARY 11, 2019

Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850 community banks.

Community Bank 170

Community Bank Community Software Innovation 170

PYMNTS

OCTOBER 1, 2020

The flexibility, speed and convenience that characterizes consumer payments is steadily making inroads into the business world, however, thanks to the rise of the Banking-as-a-Service (BaaS) model. The Commonwealth Bank of Australia has launched a service that seeks to bring these unique types of disbursements into the digital age.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

OCTOBER 22, 2020

The panel included: Doug Bergeron , managing partner at Hudson Executive Capital ; Ian Drysdale , executive in residence at Great Hill Partners ; Amit Jhawar , venture partner at Accel and Rick Roberts , analyst and portfolio manager at Vulcan Capital. Loans get people started on online stock trading platforms.

Fintech 169

Fintech Capital Innovation Data 169