Banking technology provider Amount cut 25% of staff
Payments Dive
MARCH 6, 2023
The Chicago-based fintech, which was valued at $1 billion in 2021, recently initiated its second round of layoffs in less than a year.
Fintech Amount cuts about 18% of workforce
Payments Dive
JUNE 28, 2022
The Chicago-based banking technology provider, valued at $1 billion last year, said this week it had pared 108 workers in what the company called “proactive adjustments.”
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Tech Center: Chicago On Deck
PYMNTS
MARCH 24, 2017
Chicago is more than just the place the Chicago Cubs and Bulls call home. Bubbling under the surface of Chicago lies an up-and-coming tech center. Given that many large cities in the United States have increasingly become places for tech startups, it’s natural to see Chicago as one of the next tech centers.
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Chicago, Mastercard And GCBA Launch Tech Pilot Program
PYMNTS
SEPTEMBER 16, 2016
The three-way partnership plans on identifying ways that the technology sector can help the public sector. The program is a pilot that will come at zero cost to Chicago taxpayers. In terms of the tech business in Chicago, it calls itself a “living lab” within which GCBA can explore certain issues.
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SMB Card FinTech Bucks Coronavirus Uncertainty With Funding
PYMNTS
MARCH 27, 2020
.” As investors and startups remain on-edge about exactly how this will play out, only a few B2B technology startups announced their own investments this week. companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption. Arkose Labs.
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B2B FinTech Firms Brace For Growth With New VC
PYMNTS
FEBRUARY 8, 2019
Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.
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Top News In Payments: Indian FinTech ZestMoney Raises $15M; Fed’s Brainard Warns Of Crypto Risks
PYMNTS
DECEMBER 19, 2019
In today’s top news, Indian FinTech ZestMoney raises $15 million, the latest in a $63 million Series B funding round, and Federal Reserve Gov. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs. 18, after it first debuted in Chicago two months ago.
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On-Demand Payroll Leads B2B FinTech Funding
PYMNTS
DECEMBER 6, 2019
This week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding into the space. Finexio’s AP automation technology has attracted another $2.5 Chicago’s Leaf Trade saw $4.5 Chicago’s Leaf Trade saw $4.5
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Top 13 Bank, Fintech & Financial Services Marketing Conferences
Fintech Labs Insights
MARCH 14, 2024
While dedicated financial marketing events are limited, there are many other wide-ranging fintech and banking events that have numerous sessions on marketing and product topics. See below for links to our financial services calendars, including fintech, banktech, insurtech, general banking events, and more.
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The importance of gender parity on fintech teams
BankNXT
SEPTEMBER 27, 2017
Breaking Banks explores gender parity, talking to Anouska Streets of FINkit and Colleen Wilson of Collaborate Chicago about the influence of technology. The importance of gender parity on fintech teams on BankNXT.
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Dwolla Wants Smaller FinTechs Involved In Fed’s Faster Payments
PYMNTS
JANUARY 27, 2017
26) said the FinTech company is one of 19 to submit proposals on how to run part of the Fed’s real-time payments network. The Federal Reserve of Chicago, which houses the Faster Payments Task Force, is accepting the submissions and will review the proposals along with experts from McKinsey, reports explained.
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Boost Teams With BMO Harris Bank To Deliver B2B Payment Solutions
PYMNTS
JUNE 25, 2020
Boost Payment Solutions , a global provider of B2B payment technologies, announced a strategic collaboration with BMO Harris Bank on Thursday (June 25). The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers.
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Chime Raises $500M On $5.8B Valuation
PYMNTS
DECEMBER 5, 2019
A second office is slated for Chicago and by the end of 2020, the company expects to more than double its staff. It is also contemplating the purchase of other FinTech firms, the source said. Numerous consumer FinTechs have started offering bank accounts in the past year. Chime’s account base is 6.5
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Waud's $100 million investment in fintech's future
Payments Source
FEBRUARY 2, 2017
The wave of technology that's turned card swipes into dips, phones into wallets and micro merchants into global sellers will proliferate, says to Andrew Rueff of Waud, a Chicago-based private equity firm.
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Paya To Purchase Another Payment Platform
PYMNTS
SEPTEMBER 21, 2020
21) follows Paya’s decision to go public through a merger with FinTech Acquisition Corp. GTCR, a Chicago-based private equity firm focused on leveraged buyouts, is the majority owner of Paya and will remain the company’s largest shareholder. The announcement Monday (Sept.
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The 57 Biggest Fintech Conferences & Events in 2023
Fintech Labs Insights
MAY 2, 2023
Below is our curated list of top fintech, banktech, payment tech, investech global conferences for 2023. These the biggest and best events in the financial services space geared towards technologists, product managers, developers, marketers and C-Suite execs at both financial institutions and rival fintech firms.
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Supporting the Financial Services Industry Sustainability Journey
Cisco
DECEMBER 13, 2022
Many FIs are developing sustainability strategies which rely significantly on technology for operational transformation. On average, 65% of customers want their banks to reduce their carbon footprints by consuming renewable energy, following paperless processes, and offering biodegradable cards as noted in the World Fintech Report (pg.
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Mind the Gaps: Education, Wealth & Tech
Breaking Banks
MAY 16, 2019
Hosts Jason Henrichs and Brett King talk with a number of guests about the wealth gap, the education gap and the technology gap are driving disruption in traditional financial services. Plus, the Financial Studio’s newly released study on the tech driving fintech.
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Five At Five: Target Raises Its Delivery Game
PYMNTS
JUNE 7, 2018
Amazon’s Alexa has a new job, Asian banks make a FinTech announcement and mirrors are getting a lot smarter. According to Target, as of this week, Chicago will be the first U.S. Asian Banks Want Regulators to Allow More FinTech Solutions. Today brings news of Target’s delivery advancements and a new LinkedIn commuting feature.
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William Mills Agency Named Agency of Record for FinTech Forward 2016
William Mills
AUGUST 23, 2016
William Mills Agency, the nation’s largest independent public relations and content marketing firm to the financial industry, has been named agency of record for FinTech Forward 2016, a program offered by American Banker and BAI Beacon. We are proud to be associated with this effort.”. For more information, visit www.FinTechForward.com.
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B2B Tech Startups Land Backing To Modernize The Enterprise
PYMNTS
SEPTEMBER 4, 2020
More than $25 million in new funding landed at B2B FinTech startups this week, making it one of the slower VC roundups for the B2B landscape this year. Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade. Cloudentity.
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2021 GonzoBanker Awards
Gonzobanker
DECEMBER 17, 2021
A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.
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Who needs a financial centre?
Chris Skinner
FEBRUARY 8, 2017
Around 2,500 people respond to the survey and in its first year, March 2007, the winners were: London New York Hong Kong Singapore Zurich Frankfurt Sydney Chicago Tokyo Geneva No Dubai. No China, although Hong Kong would be it.
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33 Fintech Conferences & Events for 2021
Fintech Labs Insights
JANUARY 20, 2021
Here is the definitive list of fintech events for 2021. Plug and Play Fintech Euro Expo. Fintech Growth Summit by Mobile Growth Association. Fintech Junction. MIT Fintech Conference. IFINTEC Finance Technologies Conference. Boston Fintech Week. Canadian Fintech Summit. Fintech World Forum.
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33 Fintech Conferences & Events for 2021
Fintech Labs Insights
JANUARY 20, 2021
Here is the definitive list of fintech events for 2021. Plug and Play Fintech Euro Expo. Fintech Growth Summit by Mobile Growth Association. Fintech Junction. MIT Fintech Conference. IFINTEC Finance Technologies Conference. Boston Fintech Week. Canadian Fintech Summit. Fintech World Forum.
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The 33 Biggest Fintech Conferences & Events in 2021
Fintech Labs Insights
JANUARY 20, 2021
Here is the definitive list of fintech events for 2021. Plug and Play Fintech Euro Expo. Fintech Growth Summit by Mobile Growth Association. Fintech Junction. MIT Fintech Conference. IFINTEC Finance Technologies Conference. Boston Fintech Week. Canadian Fintech Summit. Fintech World Forum.
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11 Blockchain-Focused Startup Incubators as Unconventional as the Technology
Let's Talk Payments
DECEMBER 10, 2016
Being FinTech-focused is not enough – experienced professionals are branching out. As the blockchain-focused community of entrepreneurs expands worldwide, so does the ecosystem aimed to support and nurture top-performing solutions.
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Where Will We See You Again?
Celent Banking
SEPTEMBER 27, 2016
Adoption of and developments in payments security technologies, from EMV to biometrics, and from 3DS to tokenization. If you’ll be in Barcelona, Orlando, Chicago or Vegas, we look forward to seeing you. What other payments-related innovations can we expect from the blockchain community? What will you be looking for?
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Avant Brings SaaS Lending Tech To Banks
PYMNTS
OCTOBER 2, 2018
Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers. This is the bank’s product backed up by our brand.
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Is The Silicon Valley Startup Scene On Its Way Out?
PYMNTS
MARCH 20, 2017
However, research shows technology companies are looking for opportunities outside of the well-known haven and are knocking hard on the competition door … and global cities are answering the call. is falling behind in the startup scene to Asia and Europe with places like Los Angeles and Chicago seeking a severe drop in the list.
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7 ways community banks can boost profitability
Independent Banker
AUGUST 31, 2021
A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. You have to give people a reason to bank with you,” says Tim Reimink, managing director in the Crowe LLP performance consulting group in Chicago.
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The 14 Biggest Insurtech Events & Conferences in 2023
Fintech Labs Insights
MAY 3, 2023
Event Spotlight Pushing the boundaries of insurance innovation by bringing together the latest technology and top talent.
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The 35 Biggest Banking, Mortgage & BankTech Events in 2023
Fintech Labs Insights
JULY 11, 2023
These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms.
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12 The 35 Biggest Banking, Mortgage & BankTech Events in 2023
Fintech Labs Insights
MAY 2, 2023
These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms.
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The 14 Biggest Insurtech Events & Conferences in 2023
Fintech Labs Insights
JULY 11, 2023
Related: The 35 Biggest Banking, Mortgage & BankTech Events in 2023 The 9 Biggest Real Estate Technology & Proptech Events in 2023 The 57 Biggest Fintech Conferences & Events in 2023 We expect the insurance tech event calendar to expand as we progress through the year. And prices tend to rise as the event draws closer.
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2020 GonzoBanker Awards
Gonzobanker
DECEMBER 22, 2020
During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking. For more than 20 years, John has helped City National grow its niched commercial and private banking businesses with strategic technologies. THE TECHNOLOGY AWARDS.
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3 Startups to Watch: Leveraging Market Niches for Next Gen Investment
Bank Innovation
APRIL 6, 2016
This week’s startups to watch are investing in under-leveraged niches of the fintech world, from P2P networks to lower insurance premiums, Read More. A few weeks ago we focused on invest tech, and brought up three startups working to help the market-savvy turn a small advantage into a major lead over other investors.
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Connected Commerce: It’s Not Just For Retailers
PYMNTS
OCTOBER 11, 2017
In those early years, the company’s safes were some of the only ones to withstand the Great Chicago Fire of 1871, and the company was commissioned to build the world’s largest safe for Wells Fargo’s San Francisco branch in 1874. That’s largely thanks to the trend of nimble FinTech startups edging out traditional FIs.
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Financial Conferences this Fall Showcasing New Ideas and Innovation
William Mills
AUGUST 17, 2016
While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. The BAI Beacon 2016 conference is October 5-6 at McCormick Place, Chicago.
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MBA Tech 2017: Blockchain, APIs and Robots, Oh My!
William Mills
APRIL 20, 2017
This year’s National Technology in Mortgage Banking Conference & Expo took place March 26-29 at the Hyatt Regency in Chicago. There was a good deal of buzz around blockchain technology and tech showcases of the industry’s latest technology entrants, and the overall vibe of the show was a positive one.
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46 Is your 2017 trade show strategy set for the year?
William Mills
FEBRUARY 28, 2017
There really is no such thing as “trade show season” in the fintech industry. which features highly relevant and timely fireside chats/presentations among a solid mix of bank and fintech attendees. One is the 6th annual Bank Innovation 2017 , March 6-7 in San Jose, Calif.,
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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)
Fintech Labs Insights
NOVEMBER 10, 2023
Leading Digital Consumer Banks (United States)* ranked by our FAB score (Fintech Attention Barometer**) Company FAB Score** Founded HQ Web Visits (Oct ’23) TrustPilot Score TrustPilot Reviews Funding ($M) 1 Wise (Transferwise) 10581 2011 London 38,100,000 4.2 Consumers (Nov 2023) first appeared on Fintech Labs SMB Center.
Alt-Lending Regulation Fears Won’t Stop Investors
PYMNTS
JULY 22, 2016
Chicago’s LQD Business Finance announced a Series A funding round on Thursday (July 21). It didn’t say how much it raised, but the firm did note that Fintech Ventures Fund led the financing, which will be used to help LQD accelerate growth and propel its expansion throughout the U.S. LQD Business Finance. ezyCollect.
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100 The 34 Biggest Banking, Mortgage & BankTech Events in 2023
Fintech Labs Insights
JANUARY 18, 2023
These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms. We expect the calendar to expand as we progress through the year.
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