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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?

PYMNTS

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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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Louis-based startup has defied the odds and raised $750,000 during a slowdown in funding for Fintech startups. According to the KPMG Fintech report , Q2 shows investment in VC-backed Fintech deal activity dropped to a five-quarter low in Q2 2016. Louis with 10,000 people currently using the app.

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The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

The Federal Reserve is taking a newfound interest in FinTechs – and the potential disruptions they may be bringing in their wake. I think that in the regulated area … we ought to be looking at the implications of the growth of FinTech … I think we ought to be looking at cyber[security], obviously.”.

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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e., economic ecosystem.

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Rippleshot Raises $1.2 Million in Round Led by KGC Capital

Fintech Labs Insights

The investment round was led by KGC Capital and featured participation from UMB Bank, Wintrust, and SixThirty, the fintech accelerator based out of St. Million in Round Led by KGC Capital appeared first on Finovate. Chicago-area cybersecurity specialist Rippleshot has raised $1.2 million in new funding. Canh Tran is CEO.

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Last Chance for FinovateFall 2014 Early-Bird Tickets!

Fintech Labs Insights

If you''re interested in attending to see the future of fintech debut live on stage, the last chance to get your ticket at the early-bird price expires this Friday. FinovateFall 2014 is sponsored by: The Bancorp , CapitalSource , Financial Technology Partners , Greater St.

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

Though native to Nebraska, the people of Memphis, Tennessee, drink the most Kool-Aid in the nation, followed by Little Rock, Arkansas; St. Louis, Missouri; Oklahoma City, Oklahoma; and Jacksonville, Florida. Whether it’s FI’s fascination with bitcoin three years ago – which, by the way, continues with the recent news of Coinbase’s $1.6

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