PYMNTS

SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms.

Payments 248

Payments System cryptocurrency Regional 248

PYMNTS

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. million investment with Intel Capital in InContext Solutions, a firm targeting retailers with shopper engagement technologies. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

OCTOBER 22, 2018

financial technology startup backed by Goldman Sachs , is expanding overseas. We have invested an enormous amount of resources in tech and operations, and have been quietly building a presence there,” Gardner said. than the startups operating out of the U.S. Marqeta , a U.S. as the first European country to enter.

Las Vegas 142

Las Vegas Cards Conference Capital 142

PYMNTS

JANUARY 21, 2020

Qonto is operational in Spain, France, Italy and Germany, and handled €10 billion ($11.08 It also plans to hire more employees with the capital. Challenger banks have been an attractive industry for venture capital activity, as firms continue to pop up and try to disrupt the status quo. million.

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

SEPTEMBER 16, 2020

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. The nation isn’t the first to implement an eInvoice requirement as part of more widespread initiatives to cut reduce financial crime. 16) announcement.

Taxes 163

Taxes Compliance Software Resources 163

PYMNTS

FEBRUARY 23, 2020

Aside from TurboTax, Intuit is known for its QuickBooks service, used by businesses, and Mint, an online budgeting platform that pitches people financial products as well. If the deal goes forward, Credit Karma would still operate as an independent entity, and its chief executive Kenneth Lin would remain in charge.

Report 180

Report Taxes Online Financial Technology 180

PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. Mexico has a lot of the key ingredients to succeed, but it’s not plug and play,” said Monica Brand Engel, a partner at Quona Capital, in an interview with the newswire.

Fintech 173

Fintech System Mobile Payments 173

Bobsguide

JULY 21, 2022

• New appointments bring significant expertise from across the financial services industry to TS Imagine’s rapid growth. LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth.

Leadership 88

Leadership New Jersey America Capital 88

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

OCTOBER 14, 2020

Mediterra Capital is expanding its portfolio with a big new investment that will give the top Turkish private equity firm a stake in the country’s fast-growing digital payments sector. Launched in 2001, PayCore notes that more than a million POS terminals in Turkey operate with software developed and provided by the company.

Payments 141

Payments Software Study Cards 141

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. billion in post-program capital and collaborate with Mastercard, major banks, merchants and other high-profile organizations,” Mastercard said.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. A key aspect of the growth is the market dynamic that prefers multi-asset class trading and investment administration, simplifying front office operations, while meeting enterprise-wide best execution and financial control objectives.

New York 87

New York Software Capital Leadership 87

PYMNTS

MAY 17, 2019

Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones.

Software 134

Software New York Risk Management System 134

PYMNTS

DECEMBER 14, 2018

million in venture capital funding from Goldman Sachs , JPMorgan Chase , Citigroup and Credit Suisse. These errors are usually handled manually through numerous phone calls and emails between firms, but the startup’s technology aims to reduce the time and resources needed by helping FIs communicate with each other.

Fintech 135

Fintech Resources Capital Financial Technology 135

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

FEBRUARY 14, 2018

The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. Its units include Distribution Finance Capital, Satago and Oxygen Finance, while it also owns a minority stake in peer-to-peer (P2P) lender Zopa. reports noted.

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. Tencent also operates WeChat, the wildly popular messaging app. The startups raised the capital in 924 rounds. In 2017 Indian startups raised $10.4

Fintech 123

Fintech Capital Online Financial Technology 123

PYMNTS

NOVEMBER 21, 2019

“The young demographic in India give[s] an edge to adopt and build on new financial technologies, and I believe this will play a vital role in making India a global blockchain innovation center to also spur cryptocurrency adoption throughout the larger public in the country,” said CEO Changpeng Zhao of Binance in a press release.

Bitcoin 130

Bitcoin blockchain Report Payments 130

PYMNTS

MAY 29, 2018

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Rocket CEO Samwer did note that Jumia, which is still losing money, may need to raise capital during the next two years.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

NOVEMBER 12, 2020

This week, Visa revealed the rollout of its Visa Fintech Partner Connect initiative in Europe, an effort aimed to connect FIs and merchants with a range of new financial technologies and capabilities via FinTech partners. Visa Launches FinTech Collaboration Initiative In Europe.

Fintech 220

Fintech User Experience System Data 220

Fintech Labs Insights

AUGUST 30, 2016

Lecker has over 25 years in the ABL industry in a variety of IT, finance, and operations roles. His experience includes senior management roles at AT&T Capital, Associates Fleet Services, and GE Capital. The post FinovateFall Sneak Peek: Aspire Financial Technologies appeared first on Finovate.

Financial Technology 16

Financial Technology Technology Analytics Leadership 16

PYMNTS

OCTOBER 29, 2018

The two dominate their local markets and are operating in regulated industries, two characteristics the famed investment firm typically looks for when making investments. The investments in the mobile payment companies also underscore the fact that the financial technology industry is starting to mature.

Fintech 139

Fintech Capital Financial Technology Industry 139

PYMNTS

OCTOBER 4, 2016

The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer. Specifically, the capital would improve funding sources. Media reports said the privately held U.S.

Marketing 170

Marketing Lending Operations Financial Technology 170

PYMNTS

JANUARY 17, 2020

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 Check fraud has spiked from $8.5 billion in 2016 to $15.1

Marketing 130

Marketing Fraud Payments Apple 130

PYMNTS

APRIL 9, 2020

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. The company recently announced $7.7 Billhop Eases B2B Card Acceptance.

Fintech 209

Fintech Payments Oregon Cards 209

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

DECEMBER 11, 2019

We had to deal with credit and trust issues very quickly,” he said, echoing other FinTech leaders and entrepreneurs who operate in the Middle East and in the Gulf countries. “We offers a recent example of how those P2P lending trends are playing out, and the challenges some operators might face down the road. But that’s not all. “We

Fintech 144

Fintech Lending Regional Regulation 144

Bank Innovation

APRIL 17, 2019

Having a "frictionless" user experience (UX) is among the top three qualities that bank customers look for when picking a new bank, right after "security" and "trustworthiness," according to a new report by financial technology provider, FIS.

User Experience 170

User Experience UX Report Financial Technology 170

PYMNTS

AUGUST 7, 2018

“Unlike the broader VC market, early-stage FinTech companies have continued to attract a solid flow of capital in the U.S., national co-lead partner, venture capital practice. “At But that means some of the upstarts could operate without having to tie up with traditional financial firms.

Fintech 101

Fintech National Course Capital 101

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

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses. This latest fundraising could top $300 million.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

AUGUST 8, 2019

The latest lab will aim to promote collaboration between the bank’s employees, corporate clients and FinTech partners to develop new financial services for businesses. The labs are a part of Standard Chartered’s venture capital arm SC Ventures, reports noted. “To NS Banking said Wednesday (Aug.

Innovation 100

Innovation San Francisco Leadership Big Data 100

PYMNTS

OCTOBER 2, 2019

While its market capitalization is more than 30 times smaller than bitcoin, Tether’s volume has consistently exceeded it since early August at about $21 billion per day. “If investors must comply with the securities laws, irrespective of the industry they operate in or the labels they place on the investment products they offer.”.

Bitcoin 141

Bitcoin San Diego cryptocurrency Security 141

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. The fear of non-payment, in particular, tends to be the smaller merchants’ worst nightmare.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

JULY 28, 2016

Financial services company Enova has a new chief financial officer, and he is reportedly looking to take the company in a new direction. The financial technology and data analytics firm has traditionally focused on the consumer finance space in its lending operations.

Analytics 100

Analytics Lending Data Customer Experience 100

PYMNTS

JANUARY 16, 2020

To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. Taken together, the $350 million in capital invested by Ant and the group of financial investors values the firm with an enterprise value of about 2.3 billion euros.

Payments 100

Payments Taxes Groups Fintech 100

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. As businesses establish new operational routines, there is an opportunity for firms to take an introspective moment and consider whether they may be in a position to help in some way, too.

Fintech 166

Fintech Technology Operations Company 166