PYMNTS

FEBRUARY 19, 2019

Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a continued sanguine attitude about the space. based FinTechs said they have garnered more than 200 million pounds. Tim Levene, the CEO of Augmentum Capital, told Yahoo Finance that the U.K.

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PYMNTS

NOVEMBER 10, 2020

The FinTech also has eCurrency licenses in Lithuania and the U.K. Over 3 million merchants use its technology and more than 7,000 firms join the platform daily, according to the statement. . The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries.

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PYMNTS

JANUARY 12, 2020

Two co-founders of Google Pay in India have raised $13.2 million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. Also participating in the funding rounds were David Velez, Kunal Shah and VC fund Hillhouse Capital. billion into startup lenders.

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Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. For one, […].

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PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

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PYMNTS

JANUARY 27, 2021

Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions. It’s an important capacity for banks as they compete with FinTechs. Knowing which card pays which subscription, let alone canceling them, can be a pain point.

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PYMNTS

OCTOBER 16, 2017

Google and Amazon are ready to shake up the small business lending world and place competitive pressure on traditional banks, according to Karen Mills, advisor for small businesses to former President Barack Obama. I think this is one of the as-yet-untold stories of FinTech,” she stated.

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PYMNTS

DECEMBER 1, 2020

Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending and Google's former CEO backs a new tech fund.

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PYMNTS

MAY 19, 2020

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in a statement on Tuesday (May 19). It instituted a rewards program and integrated contactless payments with Apple Pay and Google Pay.

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Bank Innovation

OCTOBER 11, 2016

Last week was a good week for fintech funding (particularly blockchain companies).This This week we’re looking at other areas of fintech: payments, point-of-sale providers, and data analytics.

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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.

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Insights on Business

DECEMBER 10, 2017

The dominant story is that fintech startups and banks are better off as friends than foes. Fintech, once seen as a disruptor, is now becoming a mainstream and also a collaborating partner. Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device.

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CB Insights

OCTOBER 29, 2021

Hyperproof , an enterprise governance, compliance, and risk management technology provider, has raised $16.5M The investor in this round was Toba Capital. The post Hyperproof, An Enterprise Governance, Compliance, And Risk Management Technology Provider, Raises $16.5M in a Series A. HOW’S THE COMPANY PERFORMING?

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PYMNTS

NOVEMBER 27, 2019

Facebook Bid Against Google in Attempt to Acquire Fitbit. Chris Douvos of investment firm Ahoy Capital told The Wall Street Journal , “We’ve been in the middle of a rollicking party that’s gone on for five years and someone has snapped on the light switch. Ant Financial Ramps up SEA Capital With $1B Fund.

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PYMNTS

DECEMBER 7, 2020

Firms with strong balance sheets, he said, have been in a position of strength to capitalize on select opportunities. Big Tech players such as Google make inroads into banking (through the recently announced Google Plex , for example, which integrates checking accounts into the Google app).

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PYMNTS

AUGUST 2, 2018

Dublin, the capital of Ireland, is a burgeoning hub for startups in the technology sector. The city is home to European offices for multinational technology companies, as well as banks and startups. Charlon said that Dublin is an attractive place to FinTech firms for several reasons.

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PYMNTS

SEPTEMBER 30, 2020

Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass the process by which they need to collect money transmitter licenses state by state. This isn’t the OCC’s first attempt to create a special banking charter that would benefit tech firms.

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PYMNTS

OCTOBER 13, 2017

B2B FinTech saw one of its most stellar funding weeks in a while, led, of course, by the high-profile Bill.com investment. The company uses API technology to facilitate corporate payments to suppliers and employees across the globe, and deploys blockchain (fueled by Ripple) for liquidity and treasury management capabilities.

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PYMNTS

AUGUST 15, 2019

Last month, The Washington Post reported more than 40 conglomerates, including Google and Dell, have nixed working with Chinese vendors in an effort to avoid those fees that aim to encourage businesses to shift their supply chains to the U.S. According to Kocher, bank-FinTech collaboration is key to addressing that gap, particularly in Asia.

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PYMNTS

JULY 8, 2016

But we are heading to France, where the country’s capital city is making a name for itself as a booming tech center. The digital technology sector accounts for roughly 5.5 A recent study from McKinsey found that France is expected to boost the digital technology share of its GDP by €100 billion by 2020. The Next Startup Capital.

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PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. 2) for a wholesale license, which has a capital commitment of $100 million.

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PYMNTS

AUGUST 6, 2020

Payments provider Contis has applied for the Royal Bank of Scotland (RBS) and Banking Competition Remedies (BCR) Alternative Remedies Package, two grants totaling £35 million ($46 million), which it intends to use for a variety of new, digital payment technologies for small- and medium-sized businesses (SMBs), a press release says.

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PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Technology giants like Google and Amazon , which gained their market muscle from non-finance-related ventures, are slowly stepping into the space. Google could be in the running, too, she added. “If

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CB Insights

SEPTEMBER 10, 2020

After a difficult first quarter, fintech funding rebounded in a big way in Q2’20. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Below, we answer some of our readers’ most pressing questions from the webinar on the state of fintech. First name.

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Banking 4 Tomorrow

DECEMBER 24, 2014

2014 was the biggest year in FinTech by far with billions being invested globally, which is to be expected in a global growth sector. But how much was invested globally in FinTech this year? It depends on how you classify FinTech.

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Customer Experience Google Fintech Innovation 106

NCR

MARCH 5, 2018

With more competition from emerging fintech players and new technology such as mobile and artificial intelligence demanding banks rethink how they deliver services to consumers, some companies are now looking to question how banks should define themselves in today’s market. What do banks need to be effective?

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Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! We must be moments away from downloading a gamified banking app via our Google Glass, paying in Bitcoins using Apple Pay! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. That's all I'm hearing. It's like global warming.

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PYMNTS

OCTOBER 30, 2018

CNBC, citing the company, reported the round of financing was led by Accel and included participation by Google’s venture capital arm. CNBC reported that with the latest capital raise, the total funding for Ethos stands at $46 million and the startup is now valued at greater than $100 million.

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PYMNTS

OCTOBER 16, 2020

“Yandex regrets to confirm that it has not been able to agree to definitive transaction terms with the core shareholders of Tinkoff, and accordingly that the parties have mutually agreed to terminate discussions regarding a possible offer by Yandex for 100% of the share capital of Tinkoff,” Yandex said in a press release.

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PYMNTS

JANUARY 23, 2019

Payments company Swift Prepaid Solutions and small business financier Bitty Advance are collaborating on technology to accelerate small businesses’ access to merchant cash advances. The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay.

Samsung 162

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PYMNTS

FEBRUARY 24, 2017

In recent weeks, a number of financial institutions and FinTech providers have begun testing, introducing or adding upgrades to voice navigation functionalities for their banking customers. Santander went with the former, while FinTech startup D3 Banking recently unveiled an intelligent voice banking interface. In the latter camp, U.K.

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Mobile Fintech Google User Experience 135

PYMNTS

MARCH 2, 2020

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2).

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blockchain Groups America Google 141

PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. And the places to look for today’s big disruptors are not the technology that is making the loudest bangs.

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PYMNTS

DECEMBER 28, 2020

The news agency said that while Pan stopped short of calling for Ant’s breakup, officials want the firm to set up a separate holding company to ensure its capital adequacy and regulatory compliance. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

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Abrigo

MAY 5, 2022

million podcasts in the world, you might find it daunting to weed through the lists on Apple Podcasts, Spotify, Google, or other platforms to find the best banking podcasts. So far, episode topics include cover loan pricing in a rising-rate environment, cannabis-related banking , and technology implementation. Indeed, with 2.8

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PYMNTS

DECEMBER 11, 2017

In the latest round, GIC was joined by Khosla Ventures, Spark Capital, Lightspeed Venture Partners, Founders Fund and Ribbit Capital, among others. The mobile app, which launched two months ago, is available through both the Apple iOS App Store and Android’s Google Play.

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PYMNTS

FEBRUARY 18, 2020

South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. The area is projected to be a $72 billion market for FinTech in 2020, at an CAGR of 72.5 The company has the goal of finding and nurturing new technology companies. percent, and is expected to be a $102 billion eCommerce market by 2025.

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