Bank Innovation

FEBRUARY 21, 2018

EXCLUSIVE – Greenlight Financial Technology, a fintech startup for kids, has raised $16 million in a Series A funding round today, Bank Innovation has learned. Greenlight Technology is a combination of P2P and PFM features on a mobile app, and is unusual in that it focuses on children.

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Fintech Financial Technology Mobile Innovation 249

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The service, offered by a network of banks in the Nordics, has been adopted by more than 10,000 registered businesses, the FinTech company said.

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Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

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Fintech Financial Technology Trends Technology 150

PYMNTS

JUNE 12, 2017

From shifting use of various payment rails like ACH and cards, to deployment of FinTech technologies, to changing supplier payment habits, the report offers a glimpse at the current state of B2B payments – and where the industry may be headed. But how businesses reshape their payment practices varies. Payments Rails.

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Fintech Survey Cards Payments 150

PYMNTS

JUNE 25, 2020

The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers. Boost said its focus on B2B payments positions it to serve BMO Harris Bank’s corporate card clients with technologies and programs that helps grow spending.

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PYMNTS

OCTOBER 4, 2019

That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. Legacy payment providers are looking for ways to innovate in the ways that [FinTech firms] do, and to avoid duplicative costs.”. Recent Trends. Basic Question.

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Payments Cards Trends Fintech 176

PYMNTS

OCTOBER 22, 2018

financial technology startup backed by Goldman Sachs , is expanding overseas. Investing.com , citing a Reuters report, said that the company, which helps other startups issue payment cards, has set its sights on London and has already hired five employees and signed up customers. than the startups operating out of the U.S.

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Las Vegas Cards Conference Capital 142

PYMNTS

JULY 7, 2020

FinTech AeroPay has launched a new suite of digital payment solutions intended for cannabis businesses, according to a press release. “We are committed to providing a safer, more efficient environment for cannabis businesses to operate in,” he said, according to the release.

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Payments Survey Industry US 185

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. The Bank Regulator Working for Merchants Award!

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PYMNTS

NOVEMBER 23, 2020

Amid the market uncertainty of the pandemic, small business owners often have to do more with less, and they're expecting the financial technology solutions they use to do the same. The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying.

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Mobile Payments Trends Tools 265

CFPB Monitor

NOVEMBER 22, 2022

That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition.

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Fintech Report Data Lending 78

PYMNTS

OCTOBER 15, 2020

Panel members included Russ Waterhouse , EVP at The Clearing House; Mike Kresse , SVP card and money movement at FIS; Jane Larimer , CEO at Nacha; David Scola , chief executive, Americas and UK at SWIFT; and Jeremy Allaire , CEO at Circle. We've got a common messaging framework, this data rich environment where also we’re operating 24/7.

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PYMNTS

AUGUST 23, 2019

FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. WEX and Phillips 66 have partnered since 2010, the release said, to develop a sales and marketing program that depends on new payment technologies for fleet customers.

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United States Cards Branding Payments 100

Chris Skinner

MAY 18, 2017

The first says: “It’s great working for a FinTech start-up as I get to travel the world. So it’s interesting how we’ve spent the last five years talking about sandboxes, creativity and design in financial technologies. Take the risk without impacting the bank’s operations. Three people are chatting in a bar.

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Innovation Financial Technology Marketing Examples 261

PYMNTS

OCTOBER 18, 2019

It was a week of (mostly) Series A funding rounds for B2B FinTech firms, as startups secured new funding to tackle various parts of the broader business-to-business (B2B) payment process. million for its technology that connects companies in the grocery, convenience, health food and artisanal market industry with a B2B eCommerce platform.

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Analytics Capital Fintech Technology 101

PYMNTS

JANUARY 26, 2017

Still, according to the latest Mercator Advisory Group report on FinTech disruption, B2B payments will have to wait a bit longer to see true change from these innovations. The firm released its 2017 Payments Outlook report last week and made some conclusions that B2B FinTech players may find disappointing.

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PYMNTS

JULY 10, 2020

Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions. According to Daniel Muller , CEO of AeroPay , perhaps they don’t need that ability. But current legacy rails can make this difficult.

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Innovation Payments Tools Compliance 210

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to Sen.

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Community Fintech Industry Innovation 216

Jessica Ellerm

NOVEMBER 26, 2015

Talk to any Kiwi living overseas and they’ll lament how difficult it is to pay for goods and services by debit card compared to back home. As a kid, it wasn’t uncommon to head to your local corner store (or Dairy, as we call them back home) and pay for Mum and Dad’s newspaper using your EFTPOS card. I kid you not.

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PYMNTS

JANUARY 21, 2019

The firm’s Business Leaders Outlook report, published earlier this month, found that the majority of SMBs expect revenue, sales and profit increases in 2019, with executives turning to hiring activity and technological innovation as drivers of their success. However, financial transformation is complex. A Holistic View.

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System Payments Technology Tools 188

PYMNTS

JULY 17, 2017

Credit cards — which are limited in China to state-backed Union Pay cards — are only used by a fraction of Chinese consumers. The firm has been in business since 2010 and makes its money charging a small fee on every card transaction it processes. “If The Comptroller Urges Caution Around FinTech .

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Data Survey Fintech Regulation 100

CB Insights

AUGUST 6, 2017

FINANCIAL TECHNOLOGY. Fintech 250: The Tech Startups Redefining The Financial Services Industry. Disrupting Banking: The Fintech Startups That Are Unbundling Wells Fargo, Citi and Bank of America. Disrupting European Banking: The FinTech Startups That Are Unbundling HSBC, Santander, and BNP. INDIA TECH.

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Industry Marketing Fintech Software 78

PYMNTS

JUNE 27, 2019

That has been the experience at CO-OP Financial Services , President and CEO Todd Clark told Karen Webster in a recent conversation. There are many possibilities for improving the member experience — around member communications, alerts, card control mechanisms and digital banking. “It In fact, it’s likely to speed up.

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Payments ATM Lending United States 100

PYMNTS

JUNE 27, 2019

The goal is to become one of the most valuable financial technology startups in the world as it eyes a region-wide expansion and seeks a valuation between $8 billion and $10 billion, according to reports in Recode. While Nubank is far from a household name in the U.S., And, according to Nubank, it’s just getting started.

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blockchain Payments Regional America 147

Insights on Business

JULY 20, 2017

It also creates its own products and has its own back-office operations. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. The fintech hub. Other banks in the region tried to build alternative solutions.

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Fintech Mobile Examples Data 181

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system.

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Community Bank Community Innovation Millennials 116

PYMNTS

AUGUST 12, 2016

They know this which is why they’ve spent $20 billion on financial technology solutions in 2015 alone, up 66 percent from the year before. Politics may make strange bedfellow, but do, to many banks and FinTech. 3) The Need To Recognize That Not All Workers Are Banked. 4) The Need To Partner . 5) The Need To Be Clear.

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Trends Payments Innovation Financial Technology 100

Insights on Business

JUNE 14, 2018

A European bank has launched a Facebook app that not only allows customers to perform most banking functionality on standalone applications, but supports creation of personalized cards with photos, as well as mechanisms that facilitate customers making donations to charities most aligned to their interests. Footnotes: Macknight, Joy.

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Customer Experience cryptocurrency Technology blockchain 115

PYMNTS

MAY 4, 2018

Payments are moving toward greater speed, efficiency and choice – and in P2P payments, that’s led to the rise of financial technology giants. Syncapay, the launch of which was announced earlier this week, is a holding company that plans to acquire payments companies operating in the buyer-initiated payments industry.

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Payments Marketing Innovation Trends 115

Fintech Labs Insights

OCTOBER 16, 2016

In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. In a new partnership , Jack Henry & Associates has integrated with Visa to allow customers to send P2P payments directly to a recipient’s Visa debit card. Big handshakes. Cardtronics acquires DirectCash Payments.

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Trends Fintech blockchain America 12

Tomorrow's Transactions

JANUARY 23, 2017

We know this, because at the end of 2016 the US Office of the Comptroller of the Currency (OCC) said that it was going provide a new national bank charter for fintech companies. From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker. The payment card was invented by New York lawyer.

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Payments Regulation National New York 30

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Get the entire 43-page PDF.

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Innovation blockchain Technology Groups 78

Fintech Labs Insights

SEPTEMBER 2, 2016

While the company has commercial operations in 25+ countries, this acquisition will expand the Blackhawk’s geographical reach. based Grass Roots has offices in Europe, the Americas, and Asia and will operate as a subsidiary of Blackhawk.

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California America Financial Technology Cards 18

William Mills

MAY 9, 2018

There are a number of great events in FinTech but this one I do my best to attend each year. Presenter Profile: How they describe themselves: AI Foundry uses AI and user-guided machine learning to transform enterprise operations by integrating information, people and processes. Good job AI Foundry! Demo video will be available soon.

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Fintech Labs Insights

SEPTEMBER 30, 2015

Are you building new financial technology? Be sure to register soon for the only event exclusive for fintech developers, FinDEVr 2015 , Oct 6-7 (fewer than a week away!) Developer news: Thomson Reuters considers how APIs are changing the fintech narrative. PayPal unveils its chip card reader in the U.S.

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San Francisco Conference Capital Fintech 12

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. Their API is already integrated in a few core systems and other fintech necessitates. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. operation of Russian-based company.

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Mobile Cards Fraud Data 40

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Diana Chin (HR & Operations). Presenting a programmable cloud – a fintech platform. ^KT. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation.

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