Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task.

Technology 143

Technology Regional Community Bank Community 143

Bank Innovation

SEPTEMBER 26, 2019

Bank Innovation believes this will be the greatest number of APIs offered by one financial technology company. Martin Haering, chief marketing officer of Finastra, told Bank Innovation at Sibos this week that the doubling of APIs will happen within the next six months and is […].

Financial Technology 231

Financial Technology Innovation Technology Marketing 231

PYMNTS

OCTOBER 6, 2020

Co-Founder and Partner Dana Settle said the firm plans to keep investing in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses, Bloomberg reported. But after several months of slowing down, IPOs began to flood the market again.

Los Angeles 294

Los Angeles New York Financial Technology Trends 294

PYMNTS

FEBRUARY 21, 2019

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A A firm that offers financial technology is not necessarily a FinTech,” said Provenir Managing Director Paul Thomas, who thinks the distinction between the two needs to be clearer.

Fintech 189

Fintech Financial Technology Technology Industry 189

PYMNTS

OCTOBER 4, 2016

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. According to a report, which cited an email Prosper sent investors last week, the company will shut down the service on Oct. We apologize for any inconvenience that this causes.

Marketing 170

Marketing Lending Operations Financial Technology 170

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

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Financial condition and competitive market environment and client base.

Community Bank 78

Community Bank Community Fintech Company 78

PYMNTS

JANUARY 17, 2020

In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43 percent. Alphabet Market Cap Hits $1T. Alphabet Market Cap Hits $1T. New Year, New Mergers Sizzle For Payments Companies. China’s economy grew by 6.1 In Two Years.

Marketing 130

Marketing Fraud Payments Apple 130

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

NOVEMBER 5, 2020

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. The company has already integrated with about 15,000 banks in Canada and the United States. As we explained to the DOJ, Plaid is not a payments company.

US 343

US San Francisco United States Policies 343

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The service, offered by a network of banks in the Nordics, has been adopted by more than 10,000 registered businesses, the FinTech company said.

Fintech 248

Fintech Cards Regional Management 248

CB Insights

MARCH 14, 2023

In fact, it markets itself not as a bank, but as a financial technology partner. We break down every fintech sector it touched and 45 companies affected by its uncertain future. According to SVB, its clients account for 71% of all fintech IPOs since 2020. It’s clearly plugged into the fintech ecosystem.

Fintech 83

Fintech Company Financial Technology Online 83

PYMNTS

SEPTEMBER 29, 2020

This will address the opportunity created as the “account-to-account payments market continues to quickly expand,” a press release said on Tuesday (Sept. He added that the new partnership “will provide great benefit not only to banks and central infrastructures” but to merchants, their customers and financial technology companies (FinTechs).

Payments 248

Payments System cryptocurrency Regional 248

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. But it has also led to two firms controlling more than 90% of the mobile payments market.”

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

APRIL 26, 2018

Mastercard and IFC , a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. This partnership will help bring modern financial services to underserved people around the world.

Marketing 121

Marketing Payments Risk Management Groups 121

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. Middle-market businesses are absolutely critical to the U.S.

System 190

System Software Marketing Resources 190

William Mills

FEBRUARY 8, 2024

In the ever-evolving landscape of financial technology (Fintech), where innovation and competition are the norm, the ability to generate high-quality leads is crucial. For Fintech companies looking to serve financial institutions, effective lead generation is not just a strategy, it's the lifeline for sustainable growth.

Strategy 82

Strategy Fintech Financial Technology Innovation 82

Chris Skinner

JULY 21, 2017

They want to get to the nirvana of new technologies, but are stuck in a spaghetti of old systems. What we are seeing is many new companies launching capabilities built upon the latest internet-enabled technologies. Hundreds of companies offering thousands of services that are simple and easy for sending and receiving money.

Fintech 361

Fintech System Apple Technology 361

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

BankInovation

FEBRUARY 17, 2022

and Robinhood Markets Inc. money-laundering rule as crypto and financial-technology companies seek to satisfy existing requirements and head off stricter oversight. A group of 18 companies is setting up the platform to help meet conditions of […]. Coinbase Global Inc., Gemini Trust Co.

Meeting 96

Meeting Financial Technology Groups Technology 96

PYMNTS

JUNE 23, 2020

Money transfer company MoneyGram International Inc. GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. has partnered with Global Money Express Co.

Fintech 250

Fintech Dallas Financial Technology Report 250

PYMNTS

FEBRUARY 14, 2020

STC Pay, a digital wallet that is part of the Saudi Telecom Company, has teamed up with payments company Moven Enterprise to launch a new challenger bank in the country, according to reports. STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency.

Regional 222

Regional Google Financial Technology Capital 222

PYMNTS

JUNE 29, 2020

Valdis Dombrovskis , the EU’s executive vice president of the European Commission for an Economy that Works for People, told attendees of the Digital Finance Outreach 2020 , a series of events for the 27-nation bloc on financial technology companies, that Europe must become the leader in crafting rules for digital finance.

cryptocurrency 221

cryptocurrency Regulation Bitcoin Maine 221

PYMNTS

JUNE 18, 2020

In the latest of a string of outages as of the beginning of March, Robinhood Markets Inc. The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We said it has fixed a challenge that led to a “major outage” on its platform Thursday (June 18).

social media 174

social media Millennials Marketing Financial Technology 174

PYMNTS

MAY 26, 2020

To continue its fast international expansion, TIS (Treasury Intelligence Solutions) notched $20 million in additional financing led by Aquiline Technology Growth. More than ever, companies who operate globally need to be able to rely on solutions that support their business-critical payment processes.”.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. Augmenting Legacy Infrastructure.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

JULY 21, 2020

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015.

Fintech 174

Fintech Ohio Financial Technology Innovation 174

PYMNTS

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. The company said that the move was an effort to promote more “rational” spending habits among users, Reuters reported. The company did not elaborate. Ant is the financial arm of Alibaba, which could be the world’s biggest eCommerce company.

Groups 242

Groups Cards Regulation Fintech 242

PYMNTS

NOVEMBER 17, 2020

Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company.

San Francisco 264

San Francisco Digital Banking Financial Technology Innovation 264

PYMNTS

AUGUST 11, 2020

The company posted a total loss of $139.6 Revolut attributed the losses to its expansion into new markets and the introduction of new products. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. million (£106.5 million) in 2019 — up from £32.9

San Francisco 239

San Francisco Fintech Digital Banking California 239

PYMNTS

JANUARY 26, 2021

While Ant calls itself a financial technology company (FinTech), China’s financial regulators are starting to view it as being more like a bank. That’s based on possible proposals from Chinese regulators to curb market concentration in the country’s online payments market.

Regulation 238

Regulation Groups Financial Technology Online 238

PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

Technology 101

Technology San Francisco Fintech Financial Technology 101

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

PYMNTS

JUNE 23, 2020

The 50-year-old executive 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, the Financial Times reported. billion euros ($2.1 billion euros ($2.1

Fraud 318

Fraud Analytics Report Financial Technology 318

PYMNTS

MARCH 17, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. China has become an emerging FinTech market due to its expanding middle class, rapid digitization and electronic payments adoption.

Regulation 192

Regulation Fintech Phoenix Risk Management 192

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

SEPTEMBER 24, 2020

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. The investment and its associated valuation put the company's total value in excess of $1.2 billion, according to a company blog post.

Atlanta 140

Atlanta Leadership Financial Technology Capital 140