PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

Innovation 124

Innovation Digital Strategies Payments Tools 124

BankBazaar

JULY 31, 2023

Blast from the Past: The Birth of BankBazaar Back in 2008, the fintech revolution in India was truly revolutionised with the founding of BankBazaar by Adhil Shetty, Arjun Shetty, and Rati Shetty in the vibrant city of Chennai. Bid farewell to stacks of paperwork and lengthy verification processes! Kumar , Kerala 3. “A

Innovation 148

Innovation Cards Branding Tools 148

PYMNTS

SEPTEMBER 4, 2019

trillion gap in global trade finance — continues to be used as a driver of FinTech innovation as technology startups look for ways to address friction in global trade financing. Standard Chartered is the latest bank to embrace FinTech collaboration to tackle the trade finance gap, having announced Tuesday (Sept.

Fintech 143

Fintech blockchain Capital Innovation 143

Gonzobanker

FEBRUARY 8, 2023

Fintech startups looking for funding in 2023 are finding that it isn’t as easy as it was a few years ago. According to CB Insights, fintech funding in the U.S. Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. billion in capital into fintech startups in 2023.

Community Bank 99

Community Bank Community Fintech Leadership 99

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. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JANUARY 17, 2018

While this industry is largely reliant on corporates’ adoption of innovative technology, it is also instrumental to getting issuing banks in on the movement. According to the executive, the key is to work “with banks, not against them” – a sentiment that has become a mantra for many in the FinTech market.

Fintech 187

Fintech Data Cards Innovation 187

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. Singapore’s central bank will no longer require venture capital managers to appoint directors that have at least five years of fund management experience as they have been.

Regulation 183

Regulation Capital Fintech Innovation 183

PYMNTS

NOVEMBER 16, 2020

Over the years, that surge in competition gave way to a more collaborative spirit between traditional financial institutions (FIs) and FinTechs as both sides worked to digitize and modernize SMB financing. In Canada, one of those alternative players is Thinking Capital. Flexible Technology. The SMB lending space is evolving rapidly.

Lending 289

Lending Technology Capital Meeting 289

PYMNTS

DECEMBER 19, 2018

Before Rachel Carpenter co-founded FinTech startup Intrinio , she faced a challenge when it came to building an app for the finance industry: She couldn’t afford the data needed to run the program. Secondly, they can’t have raised more than $200,000 in capital. And they don’t have to go it alone.

Fintech 151

Fintech Wisconsin Data Tools 151

PYMNTS

SEPTEMBER 25, 2019

FairMoney recently raised $11 million in venture capital funding in a Series A round led by Flourish, a venture of The Omidyar Group, with DST Global and existing backers Newfund, Speedinvest and Le Studio VC also participating. FinTech is helping to transform daily consumer life in Nigeria and other developing markets. One-Stop Shop.

How To 130

How To Lending Digital Banking Examples 130

Bank Innovation

MARCH 29, 2018

In fact, all four panelists on “Where and How to Invest in Fintech Now,” at Bank Innovation 2018 in San Francisco, unanimously dismissed investing in ICOs. Like many others, venture capitalists are skeptical about investing in Initial Coin Offerings (ICOs). ICOs are rapidly falling in popularity.

San Francisco 225

San Francisco Video Innovation Fintech 225

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. Banks provide trust and infrastructure to a partnership with fintech. Banks are also innovators. Think modular – building with blocks.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

AUGUST 10, 2017

Innovation can sometimes be seen as a solution looking for a problem, but it’s time to stop thinking of technology as bells and whistles and start looking at it as a necessary element of doing business for a changing consumer base – and up against a changing landscape of challenges and threats. How do you manage security and risk?

How To 136

How To Risk Management Technology US 136

PYMNTS

MARCH 13, 2019

But mobile devices are an increasingly important part of a small business’ financial management strategy, adding another channel on which banks and FinTechs must innovate to disrupt and improve SMB finances. The smartphone forces solution providers to focus on the intuitiveness of their services for easy use on a mobile device.

Mobile 169

Mobile Fintech Software Tools 169

PYMNTS

OCTOBER 3, 2017

Access to capital is the first, last and constant problem that small businesses experience in the day-to-day course of doing business. That is the opportunity that FinTech has: What we have to do as an industry is find innovative ways to serve small businesses and give access where access is lacking,” said Okeshola.

Lending 108

Lending Fintech Capital Marketing 108

Celent Banking

AUGUST 8, 2014

Innovation is global. Yet, increasingly, conversations with banks, especially in the US, reveal that many institutions aren’t looking too far outside of their market, let alone their vertical, industry, or country, for inspiration on how to innovate. How well do financial institutions innovate compared with other industries?

Innovation 169

Innovation ATM Survey Industry 169

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

OCTOBER 21, 2016

With a strong penetration of smartphones and mobile commerce, Spain is quickly gaining visibility in the FinTech world, and its capital city is leading the charge. Considered a “dark horse” in FinTech, Madrid is making strides to improve conditions for startups to flourish and boosting record venture rounds for its homegrown companies.

Fintech 100

Fintech San Francisco Big Data Capital 100

Gonzobanker

FEBRUARY 1, 2023

While AOBA provides a fertile forum for buyers and potential sellers in the bank M&A space to commensurate, the crowd uses this valuable face time to also delve into discussions about the economy, strategic growth, fintech innovation, competition, and talent wars.

Arizona 147

Arizona Kansas City Industry Phoenix 147

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. keep me informed. Whitepaper. Stress Testing. Learn More. BSA Training.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 7, 2020

Amid these controversies, smaller commercial card FinTech startups like Brex continued to add new competition into the market. With a sense of intense urgency, the corporate card arena began to explore how to support some of the companies that were struggling the most as a result of an economic shutdown: small businesses.

Cards 246

Cards Tools Capital Payments 246

Celent Banking

FEBRUARY 24, 2017

For more information on how the Model Bank Awards have evolved, see the first two pieces from Dan Latimore and Zil Bareisis. Legacy Transformation / IT Platform Innovations. Emerging Innovation. This is the fifth article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process.

Innovation 114

Innovation Boston Technology Meeting 114

PYMNTS

MARCH 11, 2020

B2B FinTechs are once again showing off the versatility of the corporate card. Below, PYMNTS rounds up the latest in commercial card innovation. FinTech Airwallex recently announced a partnership with i2c , which has been chosen as the payments processor for Airwallex’s commercial card solution designed for cross-border B2B payments.

Cards 130

Cards Capital Fintech Tools 130

Gonzobanker

NOVEMBER 2, 2023

Trying to manage this fast-paced environment with annual plans, static operating budgets and gatekeeping project management offices is proving too slow and clunky for an industry that has innovators delivering new apps at 10x the pace of traditional banks. Once they run buzzwords and innovations through management’s “B.S.

Leadership 158

Leadership Industry Management Resources 158

Insights on Business

SEPTEMBER 26, 2016

In order to remain relevant to digitally astute and socially active customers, core banking processes, must be more reliable, scalable and secure requiring banks to constantly innovate. Without optimizing existing processes and platforms, it is a drag on creating anything new and innovative.

Innovation 70

Innovation System User Experience Meeting 70

PYMNTS

APRIL 10, 2019

With more consumers than ever interested in fulfilling all their financial needs on mobile, both legacy banks and FinTech firms are focusing on creating digital-only banking services, designed to catch and keep customers using their smartphones to bank. So, how are digital challengers competing against legacy-backed digital banks?

Mobile 185

Mobile Digital Banking social media Strategy 185

PYMNTS

NOVEMBER 27, 2020

Generally considered more nimble and digital-friendly than legacy banks, challengers have injected a much-needed dose of technological innovation into the sector, with business banking an increasingly popular focus for new players. Today, the challenger banking arena is evolving, according to Samir El-Sabini , co-founder and CEO of Juni.

Strategy 295

Strategy Industry Marketing Data 295

Abrigo

FEBRUARY 13, 2020

Key Takeaways To better serve their community, as well as stay competitive in this fast-moving environment, savvy CFIs are carefully blending digital innovations with their hallmark relationship banking practices. However, to stay competitive in today’s fast-paced banking industry, CFIs must be willing to innovate processes to adapt.

Community 273

Community Lending Management Innovation 273

PYMNTS

JUNE 11, 2020

Whether it’s the result of necessity in a remote working environment or of a slowdown in business that frees up time to focus on the transformation, organizations are quickly flocking to their banks and FinTech partners to finally do away with paper in the back office. “How do I manage capital overall?”

Management 150

Management Payments Strategy Capital 150

PYMNTS

OCTOBER 9, 2017

This goal to open up access between stakeholders as far-flung as consumers, banks and FinTech is easier said than done, Gamble and Webster agreed. The CBA input from last week also calls for changes in Canada’s Bank Act, focusing on the way banks interact with FinTech.

Fintech 188

Fintech United States Data Capital 188

PYMNTS

DECEMBER 5, 2019

But many of these areas of capital outflow suffer the same points of friction, says Erik Ingvoldstad, chief experience officer and co-founder of Norway-based payments technology firm EedenBull. For banks, that means joining with FinTechs to promote agility and innovation in the services and products they provide their own business customers.

Payments 130

Payments Fintech Management Strategy 130

William Mills

AUGUST 17, 2016

Between September and October, we’ll see a host of new companies, ideas and innovation, and we’ll hear from the “experts” on those issues we need to pay attention to in 2017. Alternative lenders are learning more about fraud to their dismay and access to capital. The best quote I’ve heard recently is, “Anyone can lend money.

Conference 40

Conference Innovation Las Vegas Colorado 40

PYMNTS

APRIL 24, 2020

For all the fuss and anger about chains like Shake Shack and Ruth’s Chris Steak House getting multi-million-dollar loans, he noted, the large, urban money center banks that they work with were behaving rationally, working with their best capitalized, most prepared and most loyal long-term customers.

Community Bank 175

Community Bank Community Fintech Georgia 175

PYMNTS

SEPTEMBER 30, 2016

The possible use cases for blockchain are seemingly endless, but when behemoths like Microsoft and Bank of America Merrill Lynch (BAML) offer their take on how to harness its potential, the industry tends to pay attention. This week, the two announced a partnership to develop blockchain-based solutions for a targeted space: trade finance.

blockchain 100

blockchain Fintech America Technology 100

PYMNTS

DECEMBER 4, 2020

Findings that 39 percent of firms have dropped manual B2B processes for digital options since the pandemic’s onset — and that 26 percent plan to in the near term — reveal the sea change that’s occurred in back-office processes and how to better manage them. Non-Optimized No Longer An Option. Enterprises have been onto this for a while.

Resources 142

Resources Operations System Capital 142

PYMNTS

MAY 31, 2019

The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially for small businesses and startups. Alternative finance , for instance, also filled the need for small business borrowers to obtain a faster, digital way to access capital.

Lending 130

Lending Regulation Capital Industry 130