Bank Innovation

MAY 15, 2019

It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. There is a revolution going on inside banking. And that’s not just a cheap cliche. Allow me to explain: A few days ago, Dana Maor, a senior partner at McKinsey, wrote that the consultancy believes “that […].

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PYMNTS

SEPTEMBER 17, 2020

We are innovating the underlying infrastructure that financial institutions use to make transactions run even faster end-to-end, and at the same time further reducing costs for the community through industry-shared services in the areas of cyber, fraud and compliance," said Javier Pérez-Tasso , SWIFT’s CEO, in a statement. “We

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PYMNTS

AUGUST 8, 2019

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The labs are a part of Standard Chartered’s venture capital arm SC Ventures, reports noted. “To NS Banking said Wednesday (Aug.

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PYMNTS

MARCH 12, 2020

The company also set up a multi-million-dollar subsidy program to reduce operating costs and capital risks for their merchants, in an effort to help them get back to work safely and efficiently. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same.

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PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels.

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PYMNTS

JANUARY 2, 2020

DoorDash, as it stands, is backed by investing giants such as Sequoia Capital and SoftBank Group. The new capital was reportedly courtesy of the T. Rowe Price Group. It also operates its own restaurant concepts that are delivery-only with names such as Excuse My French Toast.

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Bank Innovation

OCTOBER 18, 2019

Santander InnoVentures, Santander Group’s fintech venture fund, is leading a Series B investment of 35 million euros ($39 million) in CrossLend, a pan-European digital debt marketplace.

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PYMNTS

APRIL 4, 2016

But some players are taking matters into their own hands with the formation of a new group to promote responsible SME lending practices, on both the borrower and lender sides. The announcement also revealed Breakout Capital, a small business lender, as a new committee member for the group. “We The CRBF is not the U.S.’s

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PYMNTS

JANUARY 2, 2020

DoorDash, as it stands, is backed by investing giants such as Sequoia Capital and SoftBank Group. The new capital was reportedly courtesy of the T. Rowe Price Group. It also operates its own restaurant concepts that are delivery-only with names such as Excuse My French Toast.

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PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. We’re operating at this intersection of finance and technology, which are both industries that are woefully underrepresented by women in the first place,” Alaina Sparks , a managing director and the U.S.

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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

OCTOBER 27, 2020

The bank has also entered a strategic collaboration with global venture capital firm Anthemis , which has been identifying FinTech companies for the past decade and will now help boost investment opportunity identification, the release stated.

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Fintech Groups Innovation Operations 175

PYMNTS

JANUARY 20, 2021

Globe Fintech Innovations of the Philippines, the FinTech arm of Globe Telecom , landed $175 million in additional venture funding this month. and China-based Ant Group. Mynt is the operator of the mobile wallet GCash. Mynt's funding round this month was led by Bow Wave Capital Management, a new investor.

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PYMNTS

JANUARY 6, 2020

Another group of Singaporean businesses, Beyond Consortium, has thrown its hat in the ring to apply for the country’s digital bank licenses. Ant has a capital commitment of $100 million. The businesses in Beyond Consortium represent a variety of business types including real estate, construction, mass transport, insurance and retail.

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Digital Banking Groups Capital Industry 130

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. First name. Company Name. Phone number.

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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

FEBRUARY 7, 2020

In PYMNTS’ latest B2B venture capital roundup, which yielded $75 million in new funding, startups embraced distributed ledger technology for B2B payments and supply chain management, with 80 percent of total funding landing at blockchain companies. Envoy Group. The $13 million raised for U.K. The $13 million raised for U.K.

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PYMNTS

MARCH 2, 2020

Lloyd’s Head of Innovation Trevor Maynard said per the report that the British insurance company is the “natural home for insurance innovation because of the unique ability of syndicates to collaborate to insure new things.”. The group has been blamed for stealing over $500 million in digital currency as long ago as 2018.

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PYMNTS

AUGUST 12, 2020

AscendantFX Capital , which works in technology-based payment innovations, has joined the SWIFT Network for the benefits it offers, including better transparency and faster payments, the company announced in a Wednesday (Aug. 12) press release.

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Innovation Capital Payments Data 193

PYMNTS

MARCH 1, 2019

Ant Financial has led a $500 million investment in startup Danke Apartments, a Beijing-based co-living group. The catch is that the operators receive a year of rent from the loan and pay the landlords monthly, which allows the excess cash to be used to look for new rentals and expand business.

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PYMNTS

SEPTEMBER 25, 2020

He said to do so they must take the long-term view while being mindful of the intersection of finance, operations and the customer experience while finding new methods to measure and address pain points. CFOs get typecast more than other executives as being just debit- and credit-oriented,” Rainey told PYMNTS.

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South State Correspondent

FEBRUARY 20, 2023

The peer group is 257 banks between $500mm and $1B in assets in the mid-west. Unfortunately, this peer group eliminates the vast majority (over 80%) of the competition in this community bank’s footprint. Scale, security, and innovation are all linked to better information technology design and implementation.

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PYMNTS

FEBRUARY 26, 2020

The company’s plans were thwarted when it was revealed that it was miscategorizing a number of loans when figuring out capital requirements. The BRC Capability and Innovation Fund, which has been handing out capital to challenger banks that focus on small business lending, had promised 30 new locations.

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PYMNTS

AUGUST 20, 2020

This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. Faster Payments Council Announces Board Advisory Group. Businesses Ready To Jump Into RTP. This week, the U.S.

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Groups Payments Survey Data 252

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Lendingkart.

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Fintech Analytics Capital Lending 179

PYMNTS

SEPTEMBER 17, 2020

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

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Management social media Leadership California 142

PYMNTS

SEPTEMBER 29, 2020

Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. We built our platform to simplify the payments process for owners and operators in all industries and verticals," said Daniel Muller , CEO and founder of AeroPay, in a press release.

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PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. A group of 165 companies and industry associations — from the U.S. Report: Strategic Payment Investments Give FIs, FinTechs Innovative Payment Options.

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PYMNTS

APRIL 2, 2020

PYMNTS rounds up the latest in commercial card innovation below. The tool offers financing for fleet owners to receive capital on loads they have delivered instead of waiting the traditional 30 days for customers to make payments. PayRange Accelerates Vending Machine Capital. Comdata Fuel Cards Facilitate Factoring.

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Cards Capital Tools Fintech 164

PYMNTS

JUNE 24, 2020

million from a group of investors led by the private equity arm of Alphabet, Google’s corporate parent. The injection of capital comes as Aye Finance prepares to resume lending in July to small businesses. Bucking the coronavirus-driven economic downturn, Indian FinTech Aye Finance on Wednesday (June 24) said it had raised $27.5

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PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

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Security Capital Analytics Software 189

PYMNTS

SEPTEMBER 8, 2020

Innovative partnerships like this one can support the agility and resilience of supply chains, accelerating access to finance and improving efficiency,” Michael Froman , vice chairman and president of strategic growth for Mastercard, said in the announcement. 8) announcement. 8) announcement.

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PYMNTS

JUNE 18, 2020

as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. The company said the funds will help with new offerings that assist its retailers in handling the evolved operating climate as well as provide diners with secure and accessible ways to transact. Rowe Price Group Inc.,

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Bank Innovation

JUNE 23, 2016

The Finovate Group, the fintech event and information venture, has been sold to Informa Plc. Jim Bruene, owner of The Finovate Group, has not responded to Bank Innovation‘s requests for comment Read More. The sale apparently closed last April, but has not been publicly disclosed. Terms of the deal are not known.

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Groups Innovation Fintech social media 225

PYMNTS

SEPTEMBER 28, 2020

“While the unprecedented business disruption caused by COVID-19 has presented many challenges, it has also given us the opportunity to reimagine our platform and improve our business,” said Neiman Marcus Group CEO Geoffroy van Raemdonck in a statement. “We

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Bank Innovation

MARCH 28, 2016

Last week we looked at a group of fintech companies spanning the world with a suite of Series B rounds. Feeling out of place? The five startups below may have the frontier know-how you need. This week the common denominator lies in the oddball assistance needed by entrepreneurs, businesses, and investors Read More.

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PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. Alternative Lending.

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