Bank Innovation

SEPTEMBER 11, 2017

European Union finance ministers are gathering to discuss ways to attract more fintech companies as the continent’s largest fintech hub, Great Britain, prepares to exit the group in less than two years. finance ministers will meet Friday in Tallinn, the Estonian capital, according to a Reuters report.

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PYMNTS

OCTOBER 6, 2020

Singapore-based FinTech platform Nium is expanding into the Middle East, the company announced on Monday (Oct. FinTech across the Middle East is also set to grow at a compounded annual growth rate of 30 percent, and expected to raise over $2 billion in venture capital funding by 2020.".

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PYMNTS

AUGUST 4, 2020

Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. Paya is set to merge with FinTech Acquisition Corp. The deal is part of the move toward market consolidation for FinTechs. The deal values Paya at about $1.3 ” Betsy Z. “As

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Let's Talk Payments

OCTOBER 25, 2017

The India FinTech Awards is a unique initiative by India FinTech Forum to recognize the best emerging FinTech innovations in the thriving Indian ecosystem. The award, in its second edition,

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PYMNTS

AUGUST 24, 2020

Dan Clark , vice president of product innovation and strategy at Trimble and founder of Kuebix , a Trimble company, spoke with PYMNTS about the need to match shippers with carriers that can meet their requests.

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PYMNTS

SEPTEMBER 8, 2017

Here are all the top B2B FinTech deals from the week. This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. Software-as-a-Service. The company raised $2.5

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PYMNTS

SEPTEMBER 14, 2017

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.

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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!

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PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

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Bank Innovation

NOVEMBER 30, 2018

INV Fintech, Bank Innovation’s sister accelerator, announced today the three associate members of its sixth cohort of startups. They do not have regularly scheduled meetings with the INV team and Fiserv, the accelerator’s technology partner. INV associates undergo a less intensive program than full class members.

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PYMNTS

APRIL 29, 2019

Ayala, the Philippines -based conglomerate, is raising money for a new capital fund that will invest in technology companies. As reported in Deal Street Asia , Ayala Chairman and Chief Executive Jaime Augusto Zobel de Ayala said the focus will be on companies in eCommerce, FinTech and healthcare.

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Bank Innovation

MARCH 24, 2016

Just under 10% of the companies — 15 to be exact — were fintech-related. Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. This is about average for a YC incubator class, with the 26% from Summer 2015 being an Read More.

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Let's Talk Payments

NOVEMBER 20, 2017

The India FinTech Awards (IFTA) is a platform to celebrate and recognize the best innovations from FinTech companies. The awards platform has been conceptualized to give FinTech firms a chance.

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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.

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PYMNTS

MAY 27, 2020

The pandemic has accelerated the digital roadmap for everyone in financial services, giving rise to more innovation in the past few months than had been seen over the course of several years. And as HMBradley’s Bruhnke told Webster, “I always joke that I don’t understand what traditional banking is.

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PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them.

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PYMNTS

MARCH 17, 2017

Those market conditions present interesting obstacles and opportunities for everyone in the banking FinTech space. Reports last week said the merger aims to create a FinTech “powerhouse” as both Misys and D+H evolve their services to meet the more sophisticated demands of the industry. The company will merge with DH Corp.,

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FICO

SEPTEMBER 30, 2022

Meet Our 2023 FICO Decisions Awards Judges. Our eight judges are business leaders, analysts, media and innovators in their own right, drawn from nearly every continent. Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker. Saxon Shirley. Thu, 05/12/2022 - 10:29. by Nikhil Behl.

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PYMNTS

JANUARY 15, 2019

As FinTechs eye growth, and look to gain scale by providing more “mainstream” financial services, might those plans hit a speed bump when it comes to the infrastructure needed to bring products to the masses? I am concerned that FinTech will be the source of the next crisis.”. In Asia, Examining Cross-Border FinTech.

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PYMNTS

NOVEMBER 8, 2020

Lloyds Bank Commercial Banking has partnered with Demica , a working capital FinTech, to roll out a new supply chain finance platform for U.K. businesses and their suppliers, as well as help corporate treasurers and the vibrant community of SMEs they work with to better manage and enhance their working capital.”.

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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.

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PYMNTS

APRIL 10, 2020

It’s an existential threat that can be mitigated going forward, i2c President Jim McCarthy told PYMNTS, by card products – particularly commercial and corporate cards issued by the existing network of banks and FinTechs – and used inventively to solve acute cash flow problems. FinTechs, he said, have raised their hands to say, “Let us help.

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PYMNTS

MAY 3, 2016

What happens when you get a group of Wall Streeters and 100 financial institution executives in one room to talk about FinTech beyond the power of the blockchain? But this meeting was all part of a secret event that was reportedly sponsored by Chain, the blockchain startup. Pfizer and others.

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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. To be eligible for the program, companies have to meet two requirements. Secondly, they can’t have raised more than $200,000 in capital.

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PYMNTS

MAY 30, 2018

Throw into the mix consumer protection guidelines, active anti-money laundering checks and capital requirements, and things get difficult, Oosthuizen noted. And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs.

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Bank Innovation

DECEMBER 6, 2016

INV Fintech, the sister accelerator to this site, is pleased to announce its second class of startups, in its Fall session, which begins this week. The five companies, selected from more than 100 startups applicants from across the globe, are: Debitize Grain Paymentpie Saldo.mx SnapCheck The companies, chosen after a Read More.

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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.

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Insights on Business

OCTOBER 16, 2018

Reengineering core banking systems that have been developed over decades while innovating fast enough to stay competitive would be like trying to change your tires while speeding down the freeway. With the IBM Open Banking Platform , financial institutions can innovate faster, reduce risk and protect core banking applications.

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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. Many FinTechs are using these ML applications to accelerate their financing approval processes.

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PYMNTS

AUGUST 3, 2020

as it deepens its transformation and capitalizes on the innovations that have changed the way it does business. with our digital offerings and use our expertise in finance, digital and innovation to help them improve their ?financial of growing the bank throughout the U.S. reach more customers? financial health?

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Bobsguide

FEBRUARY 22, 2022

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. TCS BaNCS will enable BDB to launch new innovative products faster.

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PYMNTS

DECEMBER 19, 2019

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. ” Innovation’s Security Downsides. Fraudsters, meanwhile, have been developing their strategies for years, enabling bad actors to find the weak points in new FinTech firms’ systems.

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PYMNTS

DECEMBER 30, 2020

The B2B eCommerce space saw some of the biggest investments of the year for B2B FinTechs, a testament to investors' confidence in the evolution of the market. With demands intensifying among the end customer, wholesalers, suppliers and the eCommerce platforms upon which they operate will have to meet a lengthy list of requirements.

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Bank Innovation

SEPTEMBER 27, 2019

The contribution will go towards the nonprofit Financial Health Network’s Financial Solutions Lab, a development program that supports fintech startups that help consumers save money, reduce debt and meet long-term financial goals. According to the Financial Health Network, the […].

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PYMNTS

APRIL 21, 2020

The FinTech company SoFi is making its first leap to go global with a big move into Hong Kong. SoFi CEO Anthony Noto said, in a prepared statement, that “Hong Kong, a financial capital of Asia, is ripe for innovation and a launching pad for further expansion.”

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PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators. Around The Digital Identity Landscape . About The Tracker .

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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. ” Capital On Tap Enables Receipt Bank Card. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

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