Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

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PYMNTS

NOVEMBER 15, 2018

million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. We are delighted to have closed our Series B round of funding, led by NewAlpha and Mastercard, and including Forestay Capital,” said Benjamin du Haÿs, CEO and co-founder of Mobeewave.

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Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Bank Innovation

MARCH 30, 2018

Melbourne-based challenger bank Judo Capital will be focusing its efforts on small business banking in Australia, according to banking plans unveiled by the challenger yesterday.

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Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. Many fintech venture funds are gaining steam in the industry, and AOBA was a fertile ground to attract new investor commitments.

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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

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. Financial Services FinTech Practice Co-Leader Anthony Rjeily in a statement.

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PYMNTS

APRIL 9, 2020

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. The company recently announced $7.7 The company has rolled out its service in the U.K.

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PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

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PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. The agency first proposed a special banking charter for FinTechs in 2014 that would limit pushback from the Federal Deposit Insurance Corp.

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PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. With an estimated population of just 5.47

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Bank Innovation

NOVEMBER 13, 2017

The Association of Southeast Asian Nations has formed a fintech network to encourage cross-border collaboration. This ASEAN Fintech Network was launched today at Singapore’s Fintech Festival. These six make up the Asean Fintech Network (AFN). According to the announcement, the AFN said it […].

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PYMNTS

NOVEMBER 4, 2019

“Small and medium-sized businesses are a major engine of growth around the world, creating new jobs and contributing up to 60 percent of total employment and up to 40 percent of national GDP in emerging economies,” said Santander’s Executive Chairman Ana Botín. The bank expects a return on invested capital higher than 25 percent in 2024.

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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

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.

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PYMNTS

SEPTEMBER 24, 2020

When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether. This week's look at the latest innovation initiatives finds a big push for the latter. SatoshiPay Debuts Blockchain Payments Platform. Outside the U.S.,

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PYMNTS

JULY 16, 2019

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. Data shows that more than 43 million foreign born nationals live in the U.S., credit history to help them secure financing for auto loans. .

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Bank Innovation

JUNE 26, 2016

Brexit doesn’t qualify for me as a Black Swan event (others disagree), simply because it wasn’t unpredictable like the Swiss National Bank’s move in January… Read more The Daily Fintech Index post Brexit.

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PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Mobile Wallet Provider Mynt Pulls in $175 Million in Funding.

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PYMNTS

SEPTEMBER 14, 2016

Australian FinTech firm Tyro says the gap in small business lending among traditional banks is “staggering” at A$7 billion (about $5.2 At present, Tyro said, inefficiency and a lack of access to capital are the top challenges for SMEs looking to grow and thrive. On Wednesday (Sept.

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Bank Innovation

MARCH 13, 2017

In this episode, Brock Pierce and Spencer Bogart of Blockchain Capital discuss all the elements of the ETF and their new Initial Coin Offering (ICO), which could democratize venture capital in surprising ways.

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PYMNTS

APRIL 7, 2020

It’s all hands on deck as companies across industries take measures to aid the national and global response to the coronavirus pandemic. While Bottomline found a way to develop a new solution to help SMBs and banks during this time, the FinTech has also found itself in a position to aid companies with the technology it already has.

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PYMNTS

MAY 18, 2020

Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine , meaning it has achieved a valuation of at least $1 billion. Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital.

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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).

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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.

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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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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.

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PYMNTS

APRIL 2, 2020

Other banks and B2B FinTechs, meanwhile, have found additional ways to wield the power of the commercial card this week. PYMNTS rounds up the latest in commercial card innovation below. PayRange Accelerates Vending Machine Capital. Comdata Fuel Cards Facilitate Factoring. Brex Offers Work-From-Home Rewards.

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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.

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PYMNTS

FEBRUARY 8, 2018

percent of domestic and cross-border payments in December 2017, SWIFT found, with the company’s Head of Payments Markets, Asia-Pacific, Michael Moon noting, “Experts suggest that capital controls and uncertainties over future regulations mean that a significant reversal of the decline in RMB usage for trade and payments is unlikely in 2018.”.

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PYMNTS

DECEMBER 9, 2016

According to Tech Nation , Glasgow has a total digital GVA of £480 million. Notable sectors in Glasgow include FinTech, eCommerce and marketplace, social networks and enterprise software, and cloud computing. It’s a premium scene without the heavier costs of doing business you find in other European nations,” he recently told PYMNTS.

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Bank Innovation

NOVEMBER 13, 2018

Venture-backed fintech funding saw a dip in value and deals globally in the third quarter, compared with the record high 2Q quarter, according to a CBInsights report, with a total of $5.64 billion raised across 375 deals. The report shows that the U.S. saw the biggest drop in five quarters, down 17% to only 130 […].

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Bank Innovation

MARCH 8, 2018

EXCLUSIVE – In honor of International Women’s Day, it’s important to appreciate the progress women have made in the fintech world. But, it’s equally necessary to acknowledge that there’s a long way to go. Female-led startups still have a harder time getting investment, perhaps because most investment firms are led my men.

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PYMNTS

NOVEMBER 28, 2018

27), Deskera received the funding from Jungle, as well as Cisco Investments, Tembusu Partners, Susquehanna International Group and InnoVen Capital. Singapore has emerged as a hotbed for B2B FinTech, as government initiatives foster FinTech innovation in the market. According to The Business Times on Tuesday (Nov.

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PYMNTS

DECEMBER 9, 2016

According to Tech Nation , Glasgow has a total digital GVA of £480 million. Notable sectors in Glasgow include FinTech, eCommerce and marketplace, social networks and enterprise software and cloud computing. As part of the FinTech push within Scotland, the U.K. The potential for FinTech greatness in Scotland is certainly there.

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Bank Innovation

AUGUST 2, 2016

Image courtesy Eiger Hotel Today is Swiss National Day, so although Daily Fintech is a global business and we do not take sides in the Fintech Capital of the world debate, today is a day to celebrate all things Swiss. First, a personal note, I chose to live here for Read More.

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PYMNTS

MARCH 8, 2019

To help female founders of FinTech firms, Wells Fargo , Discover and PayPal are working to help bring venture funds to FinTech startups launched by women. With those efforts, a Female Founders in FinTech Live Pitch event was held at the SoHo office at PayPal on Thursday (March 8) night, American Banker reported.

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