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FinTechs Take On Payment Rail Status Quo

PYMNTS

With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Billhop Eases B2B Card Acceptance.

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Retail banking trends to look out for in 2023

Independent Banker

billion-asset One Community Bank (OCB) in Oregon, Wis. We have seen an increase in mobile and digital usage, like other banks,” Hancock says, “but these initiatives have helped expand that engagement from balance inquiries and funds transfers to more complex needs like money management and managing debit card security. “In

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State And Local Governments Wrestle With Faster Payments

PYMNTS

A crowd of FinTechs and challenger banks entering the disbursements space isn’t accelerating adoption to the extent needed, because it’s hard to differentiate them. The Oregon Department of Revenue favors ACH but still mails a ton of checks for its disbursements. Ironically, it’s the paradox of choice that may be slowing things down.

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AltFin Proves Its Staying Power With Asian Investors

PYMNTS

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. B2B Payments. Previse , based in the U.K.,

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 HQ: Portland, Oregon. billion valuation.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. HQ: Portland, Oregon.

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Fintech funding records continue to fall. HQ: Portland, Oregon. HQ: Portland, Oregon. The post Fintech Fundings: 25 Companies Raise $1.6 Tags: Merchants, SMB, card acquiring, POS, mobile, tablet. Last week was the record number of deals, with 27. This week it was the biggest total dollars raised at $1.63