PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

AUGUST 20, 2020

Seventy percent of SMBs are adding new digital capabilities or enhancing existing ones to continue their operations, but firms often require financing to implement these innovations. One of the most pressing issues plaguing SMB lenders is the risk of fraud. Fraud targeting SMB lenders has increased by 7.3

Fintech 177

Fintech Fraud Lending Regulation 177

Abrigo

JUNE 12, 2023

The money transmitter industry is growing, spiked by advances in fintech and the consumer demand for immediate payment mechanisms. Encouraging innovation : Inconsistent regulations can deter fintech companies from entering certain markets. alone, handling $6 trillion in payments.

Compliance 195

Compliance Fraud Regulation Guidelines 195

PYMNTS

MARCH 22, 2018

Fraud detection startup Sift Science has raised $53 million in a series D round, bringing its total amount raised to $107 million. The startup’s previous investors include Reddit’s Alexis Ohanian, Salesforce’s Marc Benioff, PayPal cofounder Max Levchin and venture capital firm Andreessen Horowitz.

Fraud 108

Fraud Atlanta Capital Big Data 108

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., as well as the launch of the Flex by Finaxar initiative from Finaxar.

Cards 130

Cards Innovation Management Fraud 130

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

NOVEMBER 20, 2019

This rampant availability of users’ data makes it easier for bad actors to wreak havoc and commit fraud. She recently spoke to PYMNTS about how Scotiabank has revamped its fraud strategy in recent years. “I Scotiabank’s Three-Pronged Innovation Strategy. It is estimated that more than 4.1

Fraud 117

Fraud Data Management Analytics 117

PYMNTS

SEPTEMBER 21, 2020

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 Digital small business insurance provider Next Insurance is negotiating an arrangement to bring in new capital that would reportedly value the FinTech upstart at $2.25

Resources 223

Resources Capital Fintech Cards 223

PYMNTS

OCTOBER 21, 2019

Regardless of how these companies have fared on public exchanges, they have the commonality of having attracted tens of billions of dollars in venture capital and private equity funding. They promised enough disruption that the capital backing flowed freely. In fact, he said, real-time payments carry a relatively higher risk of fraud.

Innovation 100

Innovation Capital Fintech Course 100

PYMNTS

DECEMBER 28, 2020

Many CUs have since leaned into these efforts with digital innovations aimed at a range of issues, such as tackling fraud or enhancing members’ remote banking access. Coast Capital On The Innovations Driving CUs’ Digital-First Future. It also offers participating CUs customized consulting services.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

JANUARY 13, 2017

CSI Kick Start, a FinTech incubator operated by corporate payments company CSI globalVCard, said it has officially kicked off its second year of searching out B2B payments innovators. We genuinely care about their long-term success, which is what really sets our investment model apart from most other venture capital funding models.”.

Innovation 100

Innovation Payments Capital Fraud 100

PYMNTS

JUNE 23, 2017

More than $30 million in venture capital stuck around the U.K., Preparations for corporate banking disruption and PSD2 are stirring the innovation pot, it seems. We break down all the B2B FinTech funding rounds below. We break down all the B2B FinTech funding rounds below. EaseCentral. Enterprise Security.

Fintech 171

Fintech Marketing New York City Capital 171

PYMNTS

JANUARY 28, 2020

The problem often stems from the environment in which they are operating — one that can put the brakes on innovation, even when innovation is key to thriving. They are heavily regulated and require heavy investment,” both in terms of capital and human resources. “It But that’s not the whole story, of course.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

Bussman Advisory

MAY 8, 2021

The latest edition of the FinTech Ecosystem Newsletter is here : The post Twitter adds ‘tip jar’? to pay for good tweeting | WEF on blockchain use in capital markets | HSBC voice biometrics prevents £249m attempted fraud appeared first on Bussmann Advisory AG.

blockchain 52

blockchain Capital Fraud Marketing 52

PYMNTS

DECEMBER 17, 2019

Headlines are filled with reports of service outages and data breaches , and both banks and consumers are contending with rising fraud concerns as digital banking takes off. Fraud threatens everyone, yet customers rely on their banks for protection. The Technology Gap That Fosters Fraudsters.

Technology 142

Technology Fraud Data Security 142

PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Trackers and Reports.

Fraud 101

Fraud social media cryptocurrency National 101

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Fraud & Identity: By far, the largest number of vendors and conversations were over fraud and identity.

Conference 221

Conference Las Vegas Fraud Case Study 221

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MARCH 24, 2017

Their integration comes at a time when the world of FinTech is pleading for B2B payments to ditch paper (that includes checks) and get on board with, at the very least, cards and ACH. In fact, he said, many FinTech innovators often push for solutions in B2B payments that might ignore the paper check altogether.

Fintech 101

Fintech Fraud Mobile Innovation 101

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Trust is a vital component to supporting small businesses’ digitization journeys and access to capital on demand. Building Financial Trust.

Fintech 120

Fintech blockchain Data Capital 120

PYMNTS

FEBRUARY 12, 2019

12), GM Financial said the partnership will improve data management standards to help address issues such as identity verification and synthetic identity fraud , which are critical in the auto financing industry. “As The idea is to create a solution for verifying IDs and preventing identity fraud that meets all the regulatory requirements.

blockchain 129

blockchain Fraud Fintech Meeting 129

PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. The company said its technology prevented one fraud attempt every 51 seconds during the month, totaling 22,000 thwarted attacks.

Video 211

Video Report Meeting United States 211

Abrigo

MAY 5, 2022

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry. Fraud Prevention. keep me informed. Whitepaper. Learn More.

Community 195

Community Lending Maine Resources 195

PYMNTS

DECEMBER 15, 2017

This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. Dawn Capital led the latest funding round, reports said, while Fourth Swedish National Pension Fund and other backers also participated.

Fraud 115

Fraud Capital New York City Lending 115

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

SEPTEMBER 7, 2020

Amid these controversies, smaller commercial card FinTech startups like Brex continued to add new competition into the market. As a result, SMBs struggled to access the capital they needed to survive what was, for many, a complete ceasure of revenue. Spring’s SMB Support. As the pandemic spread across Europe, and eventually the U.S.,

Cards 246

Cards Tools Capital Payments 246

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. B2B Payments.

Capital 135

Capital Lending Resources Oregon 135

PYMNTS

JANUARY 30, 2020

They also offer more safeguards against fraud than traditional business credit cards. These cards can help companies optimize working capital as well. Online fraud is a massive financial headache that could reach $25.6 The shift to virtual cards is critical to the digital payment innovations sweeping the B2B space.

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

OCTOBER 22, 2020

The New Jersey-based FinTech on Thursday (Oct. This can then help FIs generate new revenue, while avoiding “the burden of significant infrastructure overhauls or capital investments” if they were to try and do this on their own, the company noted in its press release. 22) unveiled its Cosmos for RTP solution.

New Jersey 146

New Jersey Customer Experience Fraud Payments 146

South State Correspondent

NOVEMBER 9, 2023

The underlying point here is that banks have traditionally used fraud data on an ad hoc basis. Equally important is for banks to either use a single set of fraud management tools across the organization or at least orchestrate the various fraud tools into a comprehensive unit.

Trends 195

Trends Technology Fraud Data 195

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. While last year was dominated by crypto, this year, the themes were mainly around fraud and identity (both conferences). AI, payments, data, and other aspects of innovation are dropping behind the scenes. Big Idea – Trends.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

JULY 2, 2019

The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill. The bank-FinTech collaboration trend has hit the small business customer segment particularly strong.

Fintech 125

Fintech Resources Capital Trends 125

Celent Banking

SEPTEMBER 30, 2015

It is amazing how the ecosystem continues to grow and how fintech start-ups are booming. In Europa the winners were Everledger , specialized in anti-fraud technology for financial services and insurance; and Origin an electronic platform that facilitates bond issuing in the capital markets. Share with us please!

America 100

America Fintech Big Data Regional 100

Abrigo

FEBRUARY 3, 2020

Dollars for innovation tied up in IT infrastructure. While so-called fintechs “devote more than 70 percent of their budget to launching and scaling up innovative solutions, banks end up spending just 35 percent of their budget on innovation with the rest spent on legacy architecture,” according to the report. Learn More.

Resources 150

Resources Security Customer Experience Fraud 150

Celent Banking

MAY 20, 2016

They demonstrated: Degree of innovation. The successful completion of the project has placed Alfa-Bank at the forefront for setting standards and best practice methodologies for capital management regulations for the Russian banking industry and Central Bank. It has been and will remain costly, time consuming and a top priority.

Security 113

Security Fraud Case Study Risk Management 113

Bussman Advisory

FEBRUARY 21, 2018

There should be no doubt by now that initial coin offerings – token sale fundraisings by startups – have established themselves as new and very compelling forms of capital raising. This has begun to disrupt above all the traditional venture capital model by providing a compelling alternative fundraising mechanism for startups.

Capital 67

Capital Cyber Security blockchain cryptocurrency 67