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.

Fintech 249

Fintech Financial Technology Mobile Innovation 249

PYMNTS

APRIL 10, 2020

Consumers aren’t so much becoming different people, as PYMNTS’ latest mobile wallet adoption data indicates, but they are reevaluating a lot of priorities as they are recentering their lives on digital. Mobile Wallets’ Moment to Shine? A challenging task, as customers can still be quite surprising. Not So Much. percent to 3.3

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Payments Source

JANUARY 3, 2017

Engage Financial Technology, a provider of prepaid card programs for banks, healthcare providers, retailers and other organizations, has partnered with software provider Ensenta for a cloud-based approach to loading funds to prepaid cards.

Cards 60

Cards Mobile Financial Technology Software 60

Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

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PYMNTS

JANUARY 25, 2021

N26 has brought Dr. Jan Kemper on board as its new CFO as the Germany-based financial technology firm eyes a future possible IPO. Goalsetter, the financial technology upstart, has landed $3.9 Goalsetter is a financial literacy and savings tools for teens and children, with a particular focus on educating youth of color.

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PYMNTS

APRIL 3, 2018

How to bring mobile banking to the realm of the spoken word – beyond the mere recitation of account data, beyond call and response? Ideally, those actions should run the gamut of transactions and financial services, across payments and cards. Banking is, of course, about more than account balances.

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Bank Innovation

MARCH 20, 2018

EXCLUSIVE—Greenlight Financial Technology Inc., a PFM that provides “smart debit cards” to more than 100,000 users to begin financial literacy conversations with their children, is launching a credit product.

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Independent Banker

OCTOBER 29, 2014

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies.

Mobile 105

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PYMNTS

APRIL 25, 2016

The virtual card FinTech company commissioned a study this month to explore how companies are managing their expense policies and procedures. The vast majority (90 percent) of respondents said that their reconciliation process is challenged because corporate cards are used by more than one employee. The Struggle To Change.

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PYMNTS

DECEMBER 5, 2018

That means adopting solutions like mobile point-of-sale (mPOS) to avoid the long checkout lines that discourage all but the most diehard shoppers. In one recent move, for example, financial technology provider Payscape partnered with CardFlight to bring the latter’s SwipeSimple mPOS solution to more merchants.

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PYMNTS

SEPTEMBER 13, 2016

Apple is about to face opposition from a group of Seoul-based financial technology firms that are gearing up to file a complaint with the Korean Fair Trade Commission. According to a report , the financial technology firms are upset about Apple’s closed policy for the near-field communication functions of its iPhones.

Apple 100

Apple Policies Financial Technology Samsung 100

PYMNTS

JUNE 13, 2019

To help reimagine the traditional banking experience, digital banking and payments processing technology and infrastructure provider i2c is teaming with Zero. As a financial technology company, Zero lets consumers experience the things they enjoy about debit cards while using a credit card, i2c said in a press release.

Cards 144

Cards Financial Technology Technology Digital Banking 144

PYMNTS

OCTOBER 4, 2019

Recent developments not only back up his point, but demonstrate how much energy the M&A effort has in the world of payments, as more consumers around the world turn to digital and mobile channels — and come to expect speedier, more secure transactions and experiences. Basic Question.

Payments 176

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PYMNTS

OCTOBER 14, 2020

In addition, PayCore’s software helps facilitate 60 percent of all credit card transactions in Turkey, the company said. As many as 56 percent of Turkish consumers have made a mobile payment at one point or another, compared to just a quarter in France and 23 percent in Germany, an ING study found.

Payments 141

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Bank Innovation

JANUARY 10, 2018

EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts. The feature allows the […].

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Atlanta Fintech Financial Technology Technology 305

PYMNTS

JULY 15, 2020

unveiled a new mobile-focused money management experience named Samsung Money by SoFi to assist users in handling their everyday finances per news in May. The virtual card will instantaneously show up in Samsung Pay at the time of approval. The news comes as Samsung Electronics America, Inc.

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Samsung National Millennials ATM 162

PYMNTS

JUNE 23, 2020

Braun faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers. Verizon Debuts Visa Credit Card With Rewards. Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound.

Payments 159

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Bank Innovation

SEPTEMBER 20, 2017

One such fintech is Greenlight Financial Technology. EXCLUSIVE – One thing is clear: more and more fintechs are looking to create better interaction to engage users. Besides the obvious social media channels, another social phenomenon which seems to be advancing is gamification.

social media 244

social media Fintech Financial Technology Technology 244

Bank Innovation

AUGUST 27, 2018

In the second quarter alone, funding for financial technology companies around the world reached $20.3 Fintech funding this year has been on the rise. billion in nearly 400 deals. Right now, venture capital firms, banks, and investors are pouring funds into companies Artifical Intelligence, the clear flavor of the year.

Capital 210

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PYMNTS

AUGUST 9, 2018

Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. Elan processes credit cards for 1,800 banks in the U.S., providing payment services, credit card issuing, prepaid card and ATM services as well as debit card processing. and more than 13 million ATM and debit cards.

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PYMNTS

MAY 26, 2020

Checkout.com faces competition from Stripe, a San Francisco technology company that allows businesses to make and receive payments over the internet, and Adyen, a Dutch payment company that provides businesses a way to accept eCommerce, mobile and point-of-sale payments.

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PYMNTS

JANUARY 15, 2019

Fiserv , a global financial technology company, and Stack Sports, a sports tech leader, have teamed up to assist in youth sports payments and make them easier and more efficient, according to a release. The technology will assist the multitude of participants who use the Stack Sports technology.

Payments 108

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PYMNTS

SEPTEMBER 18, 2020

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

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Jack Henry

JUNE 4, 2014

He also offered me the ability to write my check while he was there and he would snap a picture of my payment or take my credit card payment in person. Within seconds I got my email bill with a link to pay online with my credit card. I wasn’t prepared, so I said I would just pay the bill when I got it. What about my bug company?

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Bank Innovation

FEBRUARY 8, 2019

Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking on a breakout year for the bank-backed P2P payment service Zelle.

Financial Technology 170

Financial Technology Data Payments Technology 170

PYMNTS

MAY 28, 2019

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. billion – of funds were lost to card fraud in 2018, up from $1.4 Just under $3 billion – or $2.7 billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

Strategy 123

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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.

United States 100

United States Cards Branding Payments 100

Chris Skinner

MARCH 11, 2017

Their third-party payments processor had an outage at the weekend so the cards couldn’t be used. I keep stressing that we need to remember … The key headlines of the past week include … Bank branches still more popular than mobile apps for new accounts – Computer Weekly The report Who are you calling a challenger?

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PYMNTS

JULY 11, 2019

The news comes as reports surfaced last year that the Indonesian ride-hailing and online payment company was growing its financial technology services via partnerships with three peer-to-peer (P2P) lending firms. Go-Jek’s Go-Pay payment system rolled out in 2017, accounting for over half of the startup’s transactions.

Lending 100

Lending Financial Technology Online Community 100

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.

Fintech 150

Fintech Financial Technology Trends Technology 150

PYMNTS

JULY 19, 2018

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. Traditional banks and other financial institutions are undergoing tremendous pressure right now to compete in an environment where they are faced with enormous scrutiny from government regulators looking to mitigate risk.

Fintech 117

Fintech blockchain Technology Examples 117

Bank Innovation

DECEMBER 15, 2016

PayPal is partnering with financial technology provider FIS and Citigroup in order to provide better, faster, stronger digital payments to all users involved—financial institutions, payment processors, and banking customers, it was announced today.

Financial Technology 150

Financial Technology Technology Payments Online 150

Fintech Labs Insights

JANUARY 31, 2023

These are the largest events in the financial services industry geared towards payments and card technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart payments firms and card issuers. And prices tend to rise as the event draws closer.

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PYMNTS

SEPTEMBER 18, 2020

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

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PYMNTS

JANUARY 10, 2017

According to a report by The Wall Street Journal , Amitabh Kant, CEO of NITI Aayog, said over the weekend that India was in the process of a “huge disruption” in financial technology and innovation that will lead to citizens moving away from plastic money to mobile payments. “By

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Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. First, there was the drama leading up to the breakup with the rich hottie. Thankfully, there was still a smartphone and social media to commiserate.

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