PYMNTS

FEBRUARY 14, 2018

An alternative lending conglomerate based in the U.K. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd.,

Lending 122

Lending Capital Groups Financial Technology 122

Bank Innovation

JUNE 24, 2019

As banks continue to partner with financial technology companies, digital mortgage application company Blend is hoping a major fundraising round will help create new partnerships.

Company 170

Company Financial Technology Technology US 170

PYMNTS

OCTOBER 16, 2018

OnDeck Capital has created a unit that will provide technology and services for banks lending to small businesses over the internet. Reuters , citing the company, reported the new company will be called ODX and will expand its business, in which it provides lending software to banks.

Lending 108

Lending Online Conference Software 108

CFPB Monitor

MARCH 14, 2023

The Government Accountability Office (GAO) has issued a new report entitled “Financial Technology: Products Have Benefits and Risks to Underserved Consumers, and Regulatory Clarity Is Needed.” Continue Reading

Fintech 145

Fintech Report Financial Technology Lending 145

Payments Source

JUNE 27, 2017

is buying a stake in Swedish payments technology firm Klarna AB and forming a strategic partnership, as both companies aim to expand outside their core markets.

Financial Technology 77

Financial Technology Technology Company Marketing 77

PYMNTS

SEPTEMBER 14, 2016

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending.

Lending 100

Lending Regulation Conference Study 100

PYMNTS

JANUARY 18, 2017

Misys is offering banking clients access to its P2P lending software, reports said Tuesday (Jan. The financial technology firm revealed it will offer banks access to its peer-to-peer lending technology to help banks compete with younger alternative lenders in the industry.

Lending 100

Lending Software Financial Technology Online 100

Perficient

JULY 12, 2023

The bank holding company and Federal Reserve member legal entities fall under the Federal Reserve as its primary federal regulator. Such regulations include consumer protection (such as fair lending laws and prohibitions against unfair, deceptive, or abusive practices) and those addressing financial crimes including money laundering.

Management 221

Management Risk Management Regulation Compliance 221

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Lending Tech With Almost Steady Grades (Even With Rough Semesters). The energy and uncertainty of youth are headed back to school. Especially in fintech, which had the roughest semester last spring.

Fintech 198

Fintech Lending Software Compliance 198

PYMNTS

AUGUST 26, 2016

Mired in paper though transactions may be, financial tech firms are moving to promote speed and to bridge the gap in lending between businesses and their suppliers or customers. “The challenge is to speed up the lending process.”.

Lending 100

Lending Payments Financial Technology Meeting 100

CFPB Monitor

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

Lending 60

Lending Fintech California Survey 60

CFPB Monitor

APRIL 15, 2016

The interest of federal regulators in marketplace lending continues to grow. In July 2015, the Treasury Department issued a request for information regarding online marketplace lending and, in February 2016, the FDIC published an article highlighting the risks for banks that partner with marketplace lenders. .

Lending 60

Lending FDIC Washington Financial Technology 60

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg. China’s central bank told the media on Dec.

Groups 141

Groups Regulation Lending Operations 141

Perficient

JULY 11, 2022

BNPL companies exploded during the pandemic when many were struggling financially and doing more online shopping, and they have continued to grow in popularity among practically all industries. What Are Some Buy Now, Pay Later Companies? Which one is best for me?

Fintech 474

Fintech Trends South Dakota Apple 474

Bank Innovation

APRIL 7, 2020

billion deal to acquire Galileo, a financial services API and payments platform that powers big names like Chime and Robinhood. Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […].

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs. Jack Henry expanded its partnership with SMA Technologies.

Fintech 103

Fintech Software Illinois Lending 103

Chris Skinner

JULY 21, 2017

The problem is that old systems and legacy technologies stop the bank moving forward into the nimble and agile future on offer today, and this is exactly what FinTech start-ups believe they can exploit as it is clearly a weakness for the large banks. It is almost like banking in an apps store.

Fintech 361

Fintech System Apple Technology 361

PYMNTS

NOVEMBER 5, 2020

Ant Group 's initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. However, Shanghai Stock Exchange put the stop to the listing on Tuesday night (Nov.

Groups 189

Groups Regulation Lending Financial Technology 189

Bank Innovation

JANUARY 2, 2019

All that is changing due to emerging technologies. The banking industry is facing many unprecedented challenges due to the rise of financial technology companies. For quite a long time, traditional brick and mortar banks only had to worry about making money and being profitable.

Technology 282

Technology Financial Technology Operations Industry 282

PYMNTS

AUGUST 4, 2020

Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. The combined company will be known as Paya and will be listed on the NASDAQ as “PAYA.”. III , which is a special-purpose acquisition company. The deal values Paya at about $1.3

Fintech 159

Fintech Software Lending Financial Technology 159

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. Despite lending £6.7

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JANUARY 26, 2020

AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. But AlphaCredit CEOs and co-founders José Luis Orozco and Augusto Álvarez were happy about the opportunity, saying it would give them the chance to keep providing cutting-edge technology for fast, easy and flexible service.

Fintech 247

Fintech America Capital Regional 247

PYMNTS

OCTOBER 13, 2019

Apple doesn’t have a similar ban, but the company told the WSJ that it routinely reviews its App Store rules to “address new or emerging issues.” Among the lenders affected by the new restriction is CURO Financial Technology Corp. The battle over payday lending — specifically, how tough U.S.

Google 156

Google Policies Ohio California 156

PYMNTS

MARCH 6, 2020

Its LPs include commercial and investment banks, family offices, insurance companies, university endowments and others. Over the past year, the Accion Quona Inclusion Fund has seen nine investments, which include digital commerce company Ula, digital consumer lending company JULO, end-to-end insurance company Sunday and others.

Capital 141

Capital Fintech Meeting Washington 141

Bank Innovation

JULY 26, 2019

Dave Girouard, CEO and founder of Upstart, testified before Congress’ Task Force on Financial Technology for its hearing on the use of alternative data in loan underwriting and credit scoring. In 2012, he founded Upstart, a company […].

Google 210

Google Financial Technology Data Technology 210

PYMNTS

JULY 11, 2019

The tie-up with the bank is said to let Go-Jek bring SCB’s products in payments, insurance and digital lending to its apps in the months to come. It was also noted that customers, merchants and drivers will have additional access to bank products such as small business lending as well as insurance.

Lending 100

Lending Financial Technology Online Community 100

Bank Innovation

AUGUST 27, 2018

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

Capital 210

Capital Financial Technology Fintech Technology 210

Jack Henry

JANUARY 10, 2020

The last 10 years have seen the beginning of a technological renaissance in many areas of the industry, affecting the way that both consumers and businesses interact with financial institutions.

Technology 78

Technology User Experience Risk Management Resources 78

PYMNTS

DECEMBER 18, 2019

Lendo , a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid faster, according to a report. The company is doing its business as an alternative to regular short-term finance by borrowing money against outstanding invoices.

Capital 131

Capital Maine Lending Financial Technology 131

Bank Innovation

JUNE 27, 2017

INV Fintech, this site’s sister accelerator, announced a partnership today with Shanghai-based JadeValue, an incubator and investment fund, to enhance financial technology startups in both the United States and China. INV, […].

Fintech 259

Fintech United States Financial Technology Technology 259

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Lending & Credit Risk. Financial Businesses.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending.

Strategy 190

Strategy Report Lending Fintech 190

Bank Innovation

AUGUST 14, 2019

When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders. European fintech companies raised $3.3 billion valuation. billion in venture capital in the first […].

Fintech 170

Fintech Financial Technology Capital Online 170

PYMNTS

JULY 28, 2016

Financial services company Enova has a new chief financial officer, and he is reportedly looking to take the company in a new direction. The financial technology and data analytics firm has traditionally focused on the consumer finance space in its lending operations.

Analytics 100

Analytics Lending Data Customer Experience 100

PYMNTS

AUGUST 2, 2020

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one.

Minneapolis 173

Minneapolis Denver New York Capital 173

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion.

Policies 60

Policies Lending Data Online 60

PYMNTS

JULY 29, 2019

At the time the transaction was announced, the companies said users would benefit from a “highly complementary combination” that offers a range of payments and financial services, spanning account processing and digital banking, integrated payments and the Clover POS system, among other products and services.

Data 185

Data Leadership Taxes System 185