PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise.

Video 130

Video United States Mobile Payments 130

PYMNTS

JANUARY 4, 2017

Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. According to a report by Reuters , while FinTechs may not be red hot in the U.S., million, according to the report. and the U.K.

Fintech 159

Fintech Capital Financial Technology Report 159

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. “Our members tell us Brexit has had a chilling effect on investment,” Innovate Finance chief executive Lawrence Wintermeyer told the BBC. .

Fintech 150

Fintech Capital Innovation US 150

PYMNTS

APRIL 21, 2020

The new Hong Kong-based SoFi Invest will also offer “automated investing” along with financial advice and education, per a press release announcing the expansion. SoFi CEO Anthony Noto said, in a prepared statement, that “Hong Kong, a financial capital of Asia, is ripe for innovation and a launching pad for further expansion.”

San Francisco 130

San Francisco Innovation Fintech Security 130

PYMNTS

JANUARY 7, 2019

“The Bureau of Consumer Financial Protection ( BCFP ) and federal banking regulators have monitored FinTech lenders’ use of alternative data by collecting information and developing reports on alternative data,” said the GAO, as noted in media coverage this past week. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. As a new national bank, Varo joins the world’s most respected system of financial institutions and has the opportunity to become a household name as many other national banks have become.”.

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

JULY 26, 2020

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. Launched in 2006, Ansonia reports on seven million businesses in more than 140 industries. The price was not disclosed.

Data 167

Data Company Pennsylvania Atlanta 167

PYMNTS

JANUARY 30, 2017

Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. According to a report , Hans Morris, the former Visa president turned venture capitalist, created Nyca Partners in 2014, launching a $30 million fund.

Fintech 100

Fintech Capital Lending Innovation 100

PYMNTS

MAY 17, 2019

-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., Reuters reported. million in Bink per reports in February. ”

Software 134

Software New York Risk Management System 134

PYMNTS

JANUARY 15, 2019

based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. The funds will be used to more than double its current headcount of about 50, reports said. Corporate payments have not seen the same level of innovation as consumer payments. and U.S., and U.S.,

Security 143

Security US Payments Big Data 143

Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

Management 113

Management Payments Innovation Technology 113

Bank Innovation

AUGUST 1, 2018

Zelle made a difference to the bottom line of financial technology provider Fiserv, the company reported on its earnings call yesterday. It was also noted that several banks — Fiserv serves some 13,000 financial institutions — saw a boost in transactions due […].

Financial Technology 170

Financial Technology Technology Report Company 170

PYMNTS

APRIL 9, 2020

Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. ” Reports noted the importance of SWIFT expanding into the SMB payments arena beyond high-value complex corporate transactions. Sila Raises Funding to Nix ACH. The company recently announced $7.7

Fintech 209

Fintech Payments Oregon Cards 209

PYMNTS

NOVEMBER 11, 2016

Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. Russia is known for many things, but being a breeding ground for startups and tech innovation isn’t necessarily at the top of the list. Changing The Approach To Innovation.

blockchain 165

blockchain Innovation Marketing Technology 165

CFPB Monitor

SEPTEMBER 8, 2020

When the bill becomes law, the DBO will be renamed the Department of Financial Protection and Innovation (“DFPI”) and the agency will gain the authority to enforce all California laws relating to “persons offering or providing consumer financial products or services in [the] state.” Below is a high-level overview of the AB-1864.

California 78

California Innovation Regulation Report 78

PYMNTS

NOVEMBER 21, 2016

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

Strategy Lending Capital America 100

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. There is certainly some interest coming out of Latin America, there’s a lot of unrest in other parts of the world.”. percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. But in a new PYMNTS interview on Tuesday (Dec.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

MAY 3, 2019

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

Payments Fintech Customer Experience Technology 151

PYMNTS

OCTOBER 21, 2016

The distributed ledger technology developed by Ripple is now at trial phase among FinTech innovation group R3 and 12 of its member financial institutions, as the collaborators look to an alternative to traditional interbank global payments. According to the R3 consortium, this practice essentially forces banks to trap capital.

Payments 100

Payments blockchain Financial Technology Technology 100

PYMNTS

JUNE 1, 2017

Compared to other analytics services, Sigma does not require customers to use defined sets of “pre-built reports” and build customized data pipelines. A total of 15 template queries are available for individuals who want to run reports with minimal edits or who don’t have time to engineer custom analytics programs.

Analytics 106

Analytics Tools San Francisco Data 106

PYMNTS

MAY 28, 2018

“Disruptive FinTech startups not long ago were thought to threaten important revenue streams of even the biggest financial institutions,” reads a report released in late April by the Wharton School of the University of Pennsylvania. Morocco-based HPS hopes to ride the energy of PSD2 to expand in Europe with its technology.

Fintech 100

Fintech Examples Pennsylvania Lending 100

William Mills

MARCH 8, 2018

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. and stands as a great resource for startups, promoting faster connections between talent, ideas, and capital. So how did we get here in such a short amount of time? The whole ecosystem is local. Mack Robinson College of Business.

Atlanta 42

Atlanta Georgia Fintech Metro 42

PYMNTS

APRIL 7, 2020

For Bottomline Technologies , the opportunity emerged with Friday’s launch of the $350 billion Paycheck Protection Program (PPP) under the CARES Act. Both categories stand to gain from automated financial technologies. You’ve got a situation where access to the branches is limited,” said Eberle. ”

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

JANUARY 26, 2017

Dubai is considered to be a hotbed for financial technology and innovation, not just in the Middle East but globally. The centrally located city, which is globally recognized as a hub for European, African and Asian business, is placing its focus on boosting its status as a FinTech capital of the world.

Fintech 100

Fintech Regional Innovation Leadership 100

CB Insights

APRIL 22, 2020

Unlike larger, more established firms, they have small cash buffers and depend on external capital to sustain growth. GET THE 102-PAGE State of fintech REPORT. Download the free report for all the details. The pandemic has highlighted the critical need for the government to embrace financial technology.

Fintech 87

Fintech Lending Online Examples 87

PYMNTS

DECEMBER 6, 2018

Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. Other companies involved in the fundraising round are CreditEase and Lion Tree Partners, Battery Ventures, Andreessen Horowitz and Ribbit Capital.

Financial Technology 128

Financial Technology Technology Company Fintech 128

PYMNTS

OCTOBER 1, 2018

The SEC also noted that it will not recommend charges against LendingClub Corporation, because the firm’s board “promptly self-reported its executives’ misconduct following a review initiated by its board of directors.” “By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

AUGUST 19, 2016

Japan’s Financial Services Agency (FSA) announced its own plan to boost the FinTech market by making it easier for companies to collaborate with the financial technology industry. According to Reuters, the decision could enable the flow of capital on an estimated $9 trillion in cash deposits. The Future Of FinTech?

Fintech 100

Fintech Mobile Guidelines System 100

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

Fintech Labs Insights

SEPTEMBER 29, 2016

million in new capital using the same convertible note strategy the company used last year to raise $2.2 Reporting on WealthForge’s SEC filing, Richmond Biz Sense noted that WealthForge is looking for minimum investments of $25,000 from outside investors. WealthForge will raise $2.5

Virginia 12

Virginia Capital Strategy Online 12

CB Insights

DECEMBER 5, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’s board of directors. Aviva Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

Fintech Labs Insights

NOVEMBER 1, 2016

” This includes Ant Financial, formerly known as Alipay, which as the world’s largest third-party payment platform, is the #1 company in the report, as well as Qudian, a Beijing-based student micro lender, ranked #2. Yet that 5% represented 14% of the all capital raised by fintechs in December.

Fintech 12

Fintech Trends Capital Regional 12

CB Insights

JULY 16, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’ board of directors. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

PYMNTS

AUGUST 3, 2018

The company announced this week it raised $3 million in seed funding for its efforts, reports in Cryptovest said, with funding led by ZhenFund, the U.S. Digital Currency Group, INBlockchain and Blockwater Capital. Additional investors also included Global Blockchain Innovative Capital, AlphaBlock Capital and AlphaCoin Fund.

Fintech 104

Fintech Capital blockchain Security 104

Fintech Labs Insights

SEPTEMBER 19, 2016

Ripple will use the funding, which takes the company’s total capital to more than $93 million , to grow its customer base and its team, as well as help secure strategic partnerships. Founded in 2012 and headquartered in San Francisco, California, Ripple demonstrated its technology as OpenCoin at FinovateSpring 2013.

San Francisco 12

San Francisco New York Financial Technology Technology 12