PYMNTS

JANUARY 26, 2017

But while B2B payments continues to lag behind the B2C market in terms of innovation, analysts note that all sides will be facing challenges from regulation this year. The firm noted that there is now a fairly even split between financial technology innovators that target the consumer and SME space and those that target corporate services.

Innovation 100

Innovation Payments Regulation Fraud 100

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. “As But how businesses reshape their payment practices varies. Payments Rails.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

SEPTEMBER 14, 2016

Because all digital currency transactions are stored in a tamper-proof ledger system and transactions use a traceable code to authorize transactions, consumers may consider them more secure than other payment methods, such as credit cards. Also, transactions in blockchain can contain large amounts of data, providing opportunities for scale.

blockchain 100

blockchain US Regulation National 100

PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

JULY 19, 2018

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

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. Such profiles ensure FIs comply with current regulations and AML standards.

Strategy 123

Strategy Innovation Fraud Security 123

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.

blockchain 147

blockchain Payments Regional America 147

PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. So, there is a balance that needs to be struck.”.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

JANUARY 27, 2021

Although commercial cards are evolving to gain traction in more B2B payment scenarios — particularly, accounts payable (AP) — new challenges emerge that can slow down the rate of adoption. Billtrust, REPAY Drive Virtual Card Adoption. Tat Capital Debuts Value-Add For Corporate Cards.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

JULY 25, 2016

and Korea want to make it easier for both companies to invest in the financial technology sector, creating a so-called “FinTech bridge.” The agreement, which garnered approval from the Financial Conduct Authority (FCA) in the U.K. ” The one wild card in the U.K.

Fintech 100

Fintech New York Innovation Financial Technology 100

CFPB Monitor

NOVEMBER 17, 2015

He was lead counsel in the CFPB’s first enforcement actions involving mobile payments and was a member of the credit card/prepaid card/emerging payments issue team that helped coordinate enforcement activity with other offices at the CFPB. Also while at the CFPB, James helped manage relationships with U.S.

New York 60

New York Resources Cards Policies 60

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 Stripe is currently valued north of $1 billion and is active in 25 nations.

Data 100

Data Survey Fintech Regulation 100

PYMNTS

MAY 26, 2017

On the payments side of the equation, Brexit threatens to force the relocation of hundreds, even thousands, of workers in the financial sector within just a few short years, and PSD2 will have a major impact on the payments industry when it takes effect in January. It might be on a prepaid card. It might be a bank account.

Online 130

Online Payments Resources Cards 130

Insights on Business

JULY 20, 2017

Open banking is a term that is associated with a broad set of initiatives that align to one of these three principles: Banking customers are empowered as the owners of their financial data. . Regulations, such as Payment Services Directive (PSD2), are forcing banks to “open up”, enabling customers to easily share data with third parties.

Fintech 181

Fintech Mobile Examples Data 181

PYMNTS

AUGUST 19, 2016

Japan’s Financial Services Agency (FSA) announced its own plan to boost the FinTech market by making it easier for companies to collaborate with the financial technology industry. “FinTech will have a big impact on financial services.” The Future Of FinTech?

Fintech 100

Fintech Mobile Guidelines System 100

PYMNTS

OCTOBER 1, 2018

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JULY 24, 2020

Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. It boasts more than 12 million customers.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

JULY 11, 2017

In the latest PYMNTS Commanders in Chief series, Bruce Lowthers, executive vice president of FIS Global, a financial technology solutions provider , and president of the company’s Payments Division , didn’t set out to be an innovator. PYMNTS: Have you seen significant increases on this side of business — regulation, etc.?

Innovation 101

Innovation social media Security Leadership 101

NCR

MAY 25, 2016

The disruption caused recently by the emergence of a wide range of new financial technology (Fintech) players has been a huge jolt for the banking sector, and reminded traditional players that they cannot afford to be complacent in the face of these competitors. The rise of the challengers.

Fintech 45

Fintech User Experience Innovation Strategy 45

Tomorrow's Transactions

MARCH 26, 2015

Technologically speaking, the credit card as we know it should have vanished long ago. This will enable FinTech firms to make use of bank data on behalf of customers in a variety of helpful and creative ways, and ensure the UK remains at the forefront of developments in financial technology and innovation.

Regulation 30

Regulation Examples Data Payments 30

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.

Mobile 265

Mobile Payments Trends Tools 265

CFPB Monitor

NOVEMBER 22, 2022

Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.

Fintech 78

Fintech Report Data Lending 78

Fintech Labs Insights

OCTOBER 16, 2016

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. Regulation. It’s been one year since EMV regulation in the United States was placed into effect. Happy birthday, U.S. InsurTech Rising.

Trends 12

Trends Fintech blockchain America 12

PYMNTS

AUGUST 12, 2019

Indeed, those general goals stand as a reflection of consumer expectations for seamless, digitally anchored and holistic payment and commerce experiences — one of the main trends in the world of financial services and retail. Financial services and commerce, after all, used to function around those plastic payment cards carried by consumers.

Payments 188

Payments Fintech US Innovation 188

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. You can look at life events such as marriage, credit card, new job, etc. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution.

social media 40

social media ATM Mobile Customer Experience 40

Gonzobanker

DECEMBER 14, 2023

The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. In addition, it has has opened more than 400,000 debit cards and is opening as many as 75,000 per month, creating a whole other disruption risk we need to discuss.

Fintech 195

Fintech Community Regional Technology 195

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.

Community 216

Community Fintech Industry Innovation 216

CB Insights

OCTOBER 31, 2019

From crawling financial documents to simplifying how users manage their money, chatbots are creating more efficient financial technology on both the back- and front-end. There are multiple inputs to juggle — bank accounts, credit cards, bills — and complex data that needs to be communicated in a user-friendly way.

Industry 78

Industry Examples Tools Retail 78

PYMNTS

FEBRUARY 26, 2018

In general, as noted in Financial Times , there’s been a lack of new legislation shifting the ground beneath the financial industry’s feet. A bill to reshape Dodd-Frank that may come to the Senate floor in the next few weeks, eyeing smaller financial institutions, does a number of things. Last Monday (Feb.

Regulation 101

Regulation Bitcoin Innovation Fintech 101

Tomorrow's Transactions

JANUARY 23, 2017

Now what this passporting might mean is anyone’s guess, since this is just a newspaper story based on gossip, but I think it might be a little more complex to arrange than it seems at first because of the nature of banking regulation in the United States. From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker.

Payments 30

Payments Regulation National New York 30