PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Reuters is reporting that this totals eight total licenses handed out by the government.

Online 171

Online Capital Regulation Fintech 171

Bank Innovation

APRIL 26, 2018

based digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. billion, will use the new funding to expand to further markets, including the United States, Australia, and Hong Kong. This new raise brings the amount of money the digital […].

Capital 244

Capital United States Digital Banking Marketing 244

PYMNTS

DECEMBER 1, 2019

Like competitor Kard , Pixpay wants to give teens a way to go digital and ditch cash altogether. . Challenger banks are typically marketed to adults. There are limits on ATM withdrawals and online payments. million) from Global Founders Capital. This is not the first banking account designed for teenagers.

Digital Banking 151

Digital Banking ATM Cards Capital 151

PYMNTS

APRIL 12, 2019

In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. FinTech gearing up to launch small business banking services. Below, find the latest in B2B venture capital funding. India corporate banking startup Cashfree announced $5.5 Back Office.

Capital 139

Capital Cards Payments Fintech 139

PYMNTS

NOVEMBER 9, 2020

Lloyds Bank Commercial Banking has partnered with Demica , a working capital FinTech, to roll out a new supply chain finance platform for U.K. FinTech Xendoo , which works in online accounting and bookkeeping solutions, has partnered with Biller Genie on automated accounts receivable (AR) services, a press release says.

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. The other side of the equation is: what happens when investor funding dries up, when the market says thanks, we’re good for now? The name of the game here, too, is spread.

Digital Banking 130

Digital Banking Lending Capital Fintech 130

PYMNTS

JANUARY 22, 2020

Grab , Razer , AirAsia , Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. Some are in discussions with consultants for guidance as they ponder a move into digital banking, according to the sources, who are familiar with the matter.

Digital Banking 136

Digital Banking Regional Capital Study 136

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). and Australia market,” said Goldin in the release.

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

NOVEMBER 24, 2020

FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. It has so far received $800 million in venture capital. Value d at $3.5

Tools 231

Tools Management Digital Banking ATM 231

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. across credit cards, online savings and loans,” said Rodrigues.

Capital 100

Capital Cards Delaware Payments 100

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

JANUARY 2, 2020

Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial , according to reports on Wednesday (Jan. Razer FinTech will own a 60 percent majority stake Razer Youth Bank, which will be headquartered in Singapore. .

Digital Banking 130

Digital Banking Capital Google Cards 130

CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map. Capital markets.

Fintech 93

Fintech Marketing US Technology 93

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

Bank Innovation

AUGUST 30, 2017

SaaS-based digital banking platform Urban FT said that troubled cloud-based SaaS technology provider, Digiliti Money has rejected its takeover offer of $10.5

Digital Banking 207

Digital Banking Capital Technology Marketing 207

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

SEPTEMBER 18, 2020

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

Los Angeles 231

Los Angeles UX Cards FDIC 231

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

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing.

America 168

America Regional Regulation Fintech 168

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

JANUARY 21, 2020

The startup has said that business banking on the continent needs to be repaired, and that it can provide a much better experience with its mobile and online-first offerings. . Qonto intends to squeeze more out of its existing markets, improve and upgrade the offerings on its platform, and focus more on local needs.

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

JANUARY 15, 2021

Reports in e27 said MAA Group provided the investment, which microLEAP plans to use for marketing, new staff hires and technological enhancements. Its micro-financing portal targets SMBs that cannot access capital via traditional means. Sequoia Capital India led the Series A investment, TechCrunch reported. Modern Treasury.

Capital 167

Capital Fintech Operations Technology 167

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…. And yes, you can humanize digital banking. Just wish D3 could come down market a bit.

Conference 70

Conference Digital Banking Austin Digital Strategies 70

CB Insights

AUGUST 3, 2017

Note that the market map is illustrative, and not exhaustive of companies in the space. Digital Banking : Companies providing online and mobile banking services in place of traditional branches. Digital Banking : Companies providing online and mobile banking services in place of traditional branches.

Company 65

Company Fintech Comparison Marketing 65

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. Since then, the skepticism has evaporated and the CEO of Varo Money Inc. ,

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

DECEMBER 7, 2020

Airbnb’s New IPO Pricing Could Boost Market Cap to $42 Billion. Online payments firm Paysafe is nearing a deal with billionaire Bill Foley to go public with a special purpose acquisition company (SPAC) merger. Different digital shopping strokes for different shopping folks. Paysafe Readies $9 Billion IPO Via SPAC.

Payments 131

Payments Apple Video New York 131

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

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. Funds can be disbursed into their Investors Bank account within minutes.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

SEPTEMBER 18, 2020

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

Los Angeles 140

Los Angeles UX Cards FDIC 140

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. The panelists agreed that there is no lack of liquidity in the market.

Fintech 169

Fintech Capital Innovation Data 169

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

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

SEPTEMBER 28, 2020

“I’m thrilled that Ant Bank has officially opened today and we are now able to offer our innovative, inclusive and secure products and services to Hong Kong citizens,” said Ant Group CEO Michael Wang, according to the report. “We Ant is the parent company of Alipay , its online and mobile payments platform. billion yuan ($10.5

Groups 272

Groups Fintech Mobile Report 272

PYMNTS

FEBRUARY 26, 2020

The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. The onset of digital banking has drastically changed the way CU customers interact with their financial institutions (FIs), placing a much greater emphasis on self-services like mobile and online banking.

Nevada 192

Nevada Security Innovation Data 192

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

OCTOBER 1, 2020

In the inaugural edition of the Banking As A Service Playbook: Powering The Next Generation of FinTech Innovation series, PYMNTS examines the trends and technologies that are helping banks, FinTechs and corporations capitalize on the shift to digital banking and payments. Around The BaaS World. About The Playbook.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

AUGUST 25, 2019

Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint China Ventures, according to Deal Street Asia. Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories.

Data 109

Data Fintech Lending Regional 109