PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. But in a new PYMNTS interview on Tuesday (Dec. But that’s not all. “We

Fintech 144

Fintech Lending Regional Regulation 144

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.

Lending 289

Lending Technology Capital Meeting 289

PYMNTS

SEPTEMBER 25, 2019

The interview happened during a time of expansion and aggressive future planning for the company, a small business and consumer micro-lending technology company that operates in Nigeria. Something must be working – not only can FairMoney raise capital, but according to Hainy, loan acceptance rates have recently tripled. One-Stop Shop.

How To 130

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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

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. One of the biggest impacts of mobile-based services will be the shift from weekly or monthly processes to operating in real time.

Mobile 169

Mobile Fintech Software Tools 169

PYMNTS

JANUARY 17, 2018

The commercial card and expense management market is yet another space in which collaboration between FIs and FinTechs has proved key to driving innovative tools – especially as corporates grow weary with the traditional legacy services their banks provide. ” The Power of Data.

Fintech 187

Fintech Data Cards Innovation 187

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

PYMNTS

MARCH 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. Below, PYMNTS rounds up the latest tie-ups and data sharing efforts as institutions explore how open banking models might accelerate their modernization efforts. Yet maturation is low.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

AUGUST 10, 2017

UAE Exchange CEO Promoth Manghat told PYMNTS’ Karen Webster that staying ahead on technology and working capital investments has not only kept UAE Exchange in the game since 1980, but enabled it to grow into a global leader in the financial services space, handling close to $30 billion in transfers each year. Let me give you an example.

How To 136

How To Risk Management Technology US 136

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.

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Fintech San Francisco Big Data Capital 100

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

PYMNTS

MARCH 22, 2019

Singapore-based FinTech startup InstaReM , which enables banks and consumers to send money across borders , announced a partnership with First Data to assist businesses that issue corporate credit cards. In November, it raised $20 million in capital from investors.

Cards 209

Cards Data Fintech Security 209

PYMNTS

JUNE 7, 2019

Post-financial crisis, FinTech shed light on the plight of small and medium-sized businesses (SMBs) seeking capital, often shunned by banks — thanks to a lower risk appetite and more stringent regulations. “That’s really it,” he said. Plus, these companies are in their cash-flow-negative phase.

Capital 128

Capital Data Lending Analytics 128

PYMNTS

JUNE 22, 2020

Firms have had to quickly adjust their operations so workers can stay home to help prevent the virus’s spread, but this has presented hurdles for businesses with entrenched paper-based processes. Many banks are therefore partnering with AP-focused FinTechs to quickly meet clients’ new demand, he explained.

Tools 142

Tools Fintech Meeting Operations 142

Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. And, quite frankly, they’re struggling.

Leadership 158

Leadership Industry Management Resources 158

PYMNTS

MARCH 11, 2020

B2B FinTechs are once again showing off the versatility of the corporate card. 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. Airwallex Readies B2B X-Border Card.

Cards 130

Cards Capital Fintech Tools 130

PYMNTS

NOVEMBER 27, 2020

There is so much to do," he said of eCommerce business owners' struggle to manage operations. Understanding exactly what one's capital ranges are, closing balances each month, or whether cash management is even healthy can be difficult, he said. Sometimes, you can't even start thinking about finances, KPIs or business intelligence.

Strategy 295

Strategy Industry Marketing Data 295

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

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

Bank Innovation

NOVEMBER 15, 2017

EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees.

Conference 225

Conference Innovation Fintech How To 225

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. Some recent episode titles: “Secret Sauce for Deeper Relationships & What’s So Nifty About NFTs” and “Fintech Investment and Growth Opportunities.” keep me informed. Whitepaper. CECL Models.

Community 195

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PYMNTS

MARCH 14, 2017

FinTech Autobooks announced new funding to support its SMB banking solutions. The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We

Detroit 122

Detroit Michigan Marketing Strategies Fintech 122

South State Correspondent

AUGUST 10, 2023

While 57 banks, core systems, and fintechs will go live shortly, soon, the platform will see 3,000 financial institutions at least receiving money in real time. Modern cores are approximately 25% of that cost both in terms of direct payments but also in terms of operating costs in the form of labor efficiency.

System 195

System Examples Operations Data 195

Insights on Business

NOVEMBER 8, 2018

I thought one panel participant explained eloquently where the financial services industry is in the digital transformation journey when he put it in terms of the incumbent bank’s relationship with fintechs. He observed: We’re in what was described as “Phase 3” with fintechs. He hits on an important insight.

Industry 143

Industry San Francisco New York City Fraud 143

PYMNTS

JANUARY 8, 2021

In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked with making some difficult decisions about how to keep their business alive, or whether to throw in the towel. There's no doubt that the small business community is facing a period of immense tribulation.

Strategy 231

Strategy Community Maine Lending 231

PYMNTS

MARCH 23, 2020

.” SMB loan underwriting is complex, and with greater opportunity to wield alternative data to mitigate risk, lenders can also face the challenge of understanding how to collect information, how much weight to give it, and how to analyze that data in the context of broader economic trends. Expanding The Data Scope.

Lending 188

Lending Data Analysis Tools 188

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. Investors at SignalFire led the round, while Hillsven Capital, Bloomberg Beta and NextWorld Capital also participated.

Innovation 124

Innovation Digital Strategies Payments Tools 124

Bank Innovation

JUNE 15, 2017

When I refer to the two terms I’m typically referring to the distinction between operational efficiency achieved through digital means and the transformation of business activity to digital environments. Should banks focus on one over the other? They should be considered separately.

Tools 275

Tools Technology System Operations 275

PYMNTS

JUNE 24, 2019

In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. FinTech firms are opening doors, too, finding new ways to use that payments data. However, progress is gradual.

US 186

US Payments Data Fintech 186

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

MAY 13, 2016

With nearly $120 million raised for enterprise-serving startups, B2B venture capital saw one of its most successful weeks this year. Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few) all secured funding. Capital Float . Enterprise Security.

Capital 100

Capital Lending blockchain Security 100

Abrigo

DECEMBER 22, 2023

The institution can more easily capitalize on opportunities and avoid unnecessary risk. Why banking technology makes sense – recession or not Seventy percent of leaders from banks, credit unions, and fintechs in late 2022 planned to increase their tech spending in 2023, according to a survey by American Banker parent Arizent.

Lending 221

Lending Risk Management Community Management 221

PYMNTS

APRIL 8, 2019

The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation. That presents opportunities for FinTech firms, like cloud accounting providers, to address the many unknowns an entrepreneur faces when starting the exit process. An Emerging Market.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

JULY 6, 2018

That means Internet of Things (IoT), data analytics and robotics process automation — three areas that saw particularly high funding rounds in this week’s B2B venture capital roundup. Canada’s Flinks provides a platform for banks and FinTech firms to connect, a signal of the nation’s approach towards open banking.

Analytics 103

Analytics Capital Security Software 103

PYMNTS

NOVEMBER 6, 2019

FinTech is on the march, and one area where progress is highly visible is in the growing gig economy ecosystem. After all, it doesn’t take much for an outage or breach to drain all credibility from a company, especially one operating in a fiercely competitive area like payments and commerce.

Payments 102

Payments social media Operations Online 102

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

PYMNTS

SEPTEMBER 25, 2019

An explosion of FinTechs looking to fill the gaps left across under-banked and under-financed populations, including, in many markets, small businesses, has watchdogs exploring how to promote financial inclusion and access to capital while maintaining borrower protection.

Compliance 117

Compliance Risk Management Lending Regulation 117