PYMNTS

OCTOBER 16, 2017

Google and Amazon are ready to shake up the small business lending world and place competitive pressure on traditional banks, according to Karen Mills, advisor for small businesses to former President Barack Obama. But, amid this shakeup, there are uncertainties — including how regulators will respond, Mills added. “I

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PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Volante Technologies Accelerates Market Convergence For Santiago Exchange. Volante Technologies Inc., In today’s top payments news around the world, Xoom is now offering clients in the U.S., Canada, Europe and U.K.

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PYMNTS

NOVEMBER 10, 2020

The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries. SumUp’s Dublin office is poised for growth and will become the central regulated location for the firm’s business across the EU. The FinTech also has eCurrency licenses in Lithuania and the U.K.

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PYMNTS

SEPTEMBER 23, 2016

The service, which exists in 34,000 cities world-wide, it has faced opposition from hoteliers, local governments and neighborhood associations over taxes and safety regulations. At $30 billion, Airbnb is the fourth-most valuable venture-backed tech company in the world, after ride-hailing services Uber Technologies Inc.

Google 100

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PYMNTS

OCTOBER 10, 2016

The CFPB dropped its latest set of regulations for prepaid payments cards , to some cheers (for offering clarity on fees) and some jeers (for thinking that prepaid cards are credit products and require underwriting for $25, 24-hour overdrafts). Google Jumps Hard Into Hardware. Google is doing both. megapixel camera.

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PYMNTS

MARCH 27, 2019

The company, which was started by former Google employees and is backed by the company, wants to raise $100 million. Mobvoi was Google’s first direct China investment following the exit of its search engine from the country in 2010. Mobvoi was previously valued at $300 million in a financing round that Google led in 2015.

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PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

US 168

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PYMNTS

AUGUST 6, 2020

Payments provider Contis has applied for the Royal Bank of Scotland (RBS) and Banking Competition Remedies (BCR) Alternative Remedies Package, two grants totaling £35 million ($46 million), which it intends to use for a variety of new, digital payment technologies for small- and medium-sized businesses (SMBs), a press release says.

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CB Insights

MAY 8, 2018

Even as the media storm around the sector has calmed, regulators are acting more aggressively and decisively, issuing subpoenas to bad actors and providing guidance to good ones. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. THE FUTURE OF BLOCKCHAIN TECH.

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PYMNTS

MARCH 28, 2018

In hedge fund news, Morgan Creek acquired Full Tilt Capital LLC two months after that firm decided to dedicate a fund to crypto businesses, Bloomberg reported. Ford Global Technologies, LLC was awarded a patent for “vehicle-to-vehicle cooperation to marshal traffic.” August Capital led the round, with other firms also participating.

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PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

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CB Insights

NOVEMBER 6, 2018

While beauty conglomerates like L’Oréal are making acquisitions to become more tech-enabled, tech giants like Google, Amazon, Facebook, and Apple (GAFA) are pursuing the high margins in beauty through partnerships, consumer insights, e-commerce, and more. Beauty brands partner with Google Assistant and Home. Source: Think with Google.

Google 72

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PYMNTS

AUGUST 26, 2019

To that end, Incorta , a data analytics startup, said earlier this month that it raised $30 million in a Series C round led by Sorenson Capital, alongside existing investors, including GV (formerly known as Google Ventures), Kleiner Perkins, Telstra Ventures and others.

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PYMNTS

OCTOBER 30, 2017

With technology earnings in full swing, Apple, Alphabet, Amazon and Facebook all added billions of dollars in market value last week alone. CNBC noted that during the past year, the five technology leaders have added a total of close to $900 billion in market capitalization as the stocks continue to surge throughout 2017.

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PYMNTS

AUGUST 22, 2019

This time, it’s a move from Google , but it’s unclear how far these efforts will really go, and whether they will have a major impact anytime soon on consumer perceptions of online trust — one of the biggest ongoing issues in payments and commerce. The push to offer more online privacy to increasingly concerned consumers continues.

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Bank Innovation

FEBRUARY 16, 2016

2015, CEO Francisco Gonzalez said, “Some bankers and analysts think that Google, Facebook, Amazon or the like will not fully enter a highly regulated, low-margin business such as banking. BBVA has a lot more going on than Simple, cool as that acquisition was. I disagree. What is more, Read More.

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PYMNTS

OCTOBER 26, 2017

Alternative and marketplace lending platforms promised faster, easier SMB lending than traditional banks could deliver and eventually led traditional financial institutions (FIs) to collaborate with their one-time rivals as they realized they needed to offer more technologically advanced lending experiences to their small business customers.

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NCR

MARCH 7, 2018

Initially, a wave of fintech startups were viewed as posing the main threat, but more recently, it has been suggested that it is the bigger tech players – the likes of Google, Facebook and Apple – that may pose the biggest challenge. But now one key regulator in the US has suggesting this could change.

Regulation 53

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Insights on Business

DECEMBER 10, 2017

Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device. Banks, on the other hand, in addition to understanding complex regulations and having greater access to capital, know their customers and have their trust. Banks are also innovators.

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Fintech social media Apple Google 115

PYMNTS

JANUARY 6, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. That, said Namely, is a reflection of how demands for payroll technology are changing across the mid-market. 5), with Altimeter Capital and Scale Venture Partners leading the Series D round.

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PYMNTS

OCTOBER 29, 2018

This happened despite sophisticated technology capabilities that successfully flagged many other types of inappropriate postings, like pornography, and kept them off the platform for years. Only 38 percent of hate speech content was identified by their technology in Q1 2018, they reported, resulting in the removal of 2.5

Payments 196

Payments Google Apple Innovation 196

PYMNTS

OCTOBER 2, 2018

What would one say about a computer geek who said he could protect their online identity , and while doing do would make a bold move against the likes of Facebook and Google ? Technology that enables consumers to control their data as they shop, pay and perform other tasks online. As consumers become more cautious — cynical?

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PYMNTS

JUNE 12, 2019

Digital payments continue to be fueled by the growth of such areas as ridesharing and wearable technology, as well as the images used by various web platforms to further engage consumers in eCommerce – and interactive online games. Meeker is a longtime internet and digital economy expert who now works for Bond Capital, a venture firm.

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PYMNTS

SEPTEMBER 8, 2017

The company is backed by Alibaba Group and led by Johnny Chou, former Greater China president for Google. Another $100 million will be used to invest in technology, with the rest funneled to “general corporate purposes” and mergers and acquisitions (M&A), according to reports.

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PYMNTS

FEBRUARY 17, 2017

Santander first rolled out its mobile banking app’s voice technology functionality last year, though its capabilities were much more limited in scope. The latest upgrade takes inspiration from other voice-enabled technologies and allows consumers to execute a greater variety of more complex actions via voice.

Google 109

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Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. The biggest hurdles are around profitability, UK regulation, customer growth and cybersecurity. Regulation. Profitability.

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Innovation Metro Apple Marketing 150

PYMNTS

APRIL 16, 2019

It also introduces updated requirements, in line with post ‘07-’09 financial crisis levels, for liquidity and capital. The TIPS system, which was launched in 2018, is a challenge to payment companies and technology players such as PayPal. Parliament also passed protection for whistleblowers who bring crimes like tax evasion to light.

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CB Insights

JUNE 11, 2018

We’ll explore the growing number of mobility technologies that are set to transform the current transportation ecosystem. Baidu is also increasing investment in autonomous driving technology, ramping up R&D spending in 2017 and launching a $1.5B Rather than launching its own smartphone, Google focused solely on software.

Google 71

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PYMNTS

AUGUST 15, 2018

economy, especially when it comes to retail and technology. And Greenlight Capital added new positions to retailers including Dollar Tree , Dollar General , Gap , and TJX Companies , the parent company of TJ Maxx and HomeGoods , while activist fund Jana Partners took new positions in Wells Fargo & Co and food delivery company GrubHub.

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PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

Payments 100

Payments Regulation Compliance National 100

PYMNTS

OCTOBER 1, 2018

What would you say about a computer geek who said he could protect your online identity , and while doing do would make a bold move against the likes of Facebook and Google ? Technology that enables consumers to control their data as they shop, pay and perform other tasks online. As consumers become more cautious — cynical?

Online 100

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PYMNTS

JULY 1, 2016

Treasury Department released its report on the sector and concluded that the market would likely benefit from greater oversight from regulators. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Europe and Asia that followed suit with their own investment rounds.

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PYMNTS

NOVEMBER 2, 2018

However, Dimon later noted that blockchain technology is “real” and “a technology,” although he has noted that “bitcoin is not the same as a fiat currency.”. Venrock led the round with Andreessen Horowitz (a16z), Google Ventures and others joining. He later said that he regretted making the comment.)

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Lex Sokolin

DECEMBER 10, 2020

The offering is a full on banking, payments, and capital programming environment that connects to Goldman Sachs, Barclays, and Citi. Affirm wins when it plugs in a technology network as a distributor of its lending product. The ideal customer is a modern platform or marketpace, like Shopify, Amazon, Google, or Ant Financial.

Branding 52

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Lex Sokolin

DECEMBER 10, 2020

The offering is a full on banking, payments, and capital programming environment that connects to Goldman Sachs, Barclays, and Citi. Affirm wins when it plugs in a technology network as a distributor of its lending product. The ideal customer is a modern platform or marketpace, like Shopify, Amazon, Google, or Ant Financial.

Branding 52

Branding Apple Capital US 52

Lex Sokolin

SEPTEMBER 3, 2020

finance, culture, art, technology, media, geopolitics. As a result, financial infrastructure is just our collective solution for enabling the above activities using the latest in technology?—?whether whether that technology is language, paper, calculators, the cloud, blockchain, or some other reality-bending physical discovery.

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Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. The nonbank payment options PayPal, ApplePay, Google Wallet, Starbucks, Kickstarter and Square are household names. By Kelly Pike. Familiar and new.

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