Remove Capital Remove Financial Technology Remove Fintech Remove Survey
article thumbnail

GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Of those surveyed, said the GAO, nine of the 11 said that regulatory uncertainty has been a hurdle in credit expansion.

Lending 150
article thumbnail

Corporate Treasurers On The Lookout For FinTech, PSD2 And Brexit

PYMNTS

At the top of the list, according to reports, is incoming FinTech disruption, legislation like PSD2, market shifts stemming from Brexit and more. As treasurers explore the possibilities of FinTech, disruption is coming from other angles too: According to the publication, treasury professionals revealed their struggles to prepare for Brexit.

Fintech 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top News In Payments: China Posts Worst Slowdown In Nearly Three Decades; Alphabet Market Cap Hits $1T

PYMNTS

bank deposit accounts, according to a survey released by the American Bankers Association. Global Blue Acquisition Capitalizes On Consumer X-Border Spend. Far Point Acquisition — which focuses on financial technology deals —said it would buy Global Blue, a payments company based in Switzerland, for $2.6

Marketing 130
article thumbnail

How Corporates Receive — And Revive — Investment Strategies

PYMNTS

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. billion was invested in FinTech startups in Q3 2016 , calculated KPMG and CB Insights in their most recent Pulse Of Fintech report. and Europe dominated in 2015. 83% of U.S.

Strategy 100
article thumbnail

Small Firms Demand Higher Speed, Lower Costs In Global Payments

PYMNTS

Small businesses (SMBs) are rarely early adopters of new financial technology (FinTech). However, with business owners and entrepreneurs often taking a page out of their personal lives as consumers, the eventual adoption of emerging solutions is an inevitable part of FinTech innovation.

Payments 151
article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

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. 1 issue raised by CEOs in our surveys, bankers had to craft a new and compelling post-Covid value proposition to attract it. What a year.

Community 216
article thumbnail

4 ways for financial institutions to slump-proof their technology

Gonzobanker

was one of many institutions surveyed for What’s Going On In Banking who expressed pessimism about 2019. In a recent Duke University survey, 82% of surveyed CFOs predicted another recession by the end of 2019 or early 2020. Unfortunately, in hard times expensive technology lifecycle refreshes are often deferred.