Remove Capital Remove Fintech Remove National Remove New York
article thumbnail

FinTech Firms Courted Abroad, Legal Spat Marks US Bank Charters

PYMNTS

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. While In New York, New York….

Fintech 166
article thumbnail

RegTech, AI Fuel Strong B2B FinTech Numbers

PYMNTS

Good news emerged from the U.S. venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 billion, found a new report from KPMG. Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds.

Fintech 192
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188
article thumbnail

Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

PYMNTS

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Plus, Delivery Hero is launching an early-stage venture capital (VC) firm.

Detroit 135
article thumbnail

NY Senate confirms nomination of Adrienne Harris to serve as Superintendent of the NY Department of Financial Services

CFPB Monitor

The New York Senate has confirmed Governor Hochul’s nomination of Adrienne Harris to serve as Superintendent of the state’s Department of Financial Services. Harris joined The White House, where she was appointed as Special Assistant to the President for Economic Policy, as part of the National Economic Council.

article thumbnail

PayPal, Google Give OCC’s Bank Charter The Cold Shoulder

PYMNTS

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.

Google 142
article thumbnail

GDPR Challenges Indian Firms While FinTechs Eye Charters With Caution

PYMNTS

FinTech Firms Eye Bank Charters. And in the wake of the announcement late last month that FinTechs will be able to apply for banking licenses with the Office of the Comptroller of the Currency, caution abounds. As many as 85 percent of firms are boosting budgets over the previous year’s, tied to data privacy and compliance.

Fintech 101