PYMNTS

NOVEMBER 14, 2017

A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use. Researchers announced East & Partners’ new report, “Financial Technology and the Corporate,” on Monday (Nov.

Tools 179

Tools Fintech Survey Analysis 179

CFPB Monitor

FEBRUARY 13, 2017

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. Big data report. In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers.

Report 68

Report Big Data Lending Survey 68

PYMNTS

NOVEMBER 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd.,

Fintech 151

Fintech Taxes Compliance Capital 151

PYMNTS

JULY 2, 2020

Boost will enable straight-through-processing for BMO Harris Bank’s Approve2Pay Corporate Card solution, enabling that card product to facilitate automated processing, remittance reporting and efficiencies for both buyer and supplier. ” Mastercard, EedenBull Expand Into APAC. Global Cash Card’s Legal Saga Ends.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

JANUARY 8, 2020

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. In addition, there will be examination of transfer agents (which help to settle transactions) that are developing blockchain technology.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

SEPTEMBER 26, 2018

. “Just as HTTPS, SMTP and SIP enabled free borderless information sharing and communications, crypto assets and blockchain technology will enable us to exchange value and transact with one another in a similar way: instantly, globally, securely and at low cost.” ”

blockchain 180

blockchain Compliance US Financial Technology 180

PYMNTS

JANUARY 21, 2020

Qonto , a French startup Neobank that caters to B2B clients, has raised $115 million in a Series C funding round led by DST Global and Tencent, according to a report. Compliance startup Chainalysis landed $30 million in a funding round, and Open Financial Technologies raised $4.6 million.

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

OCTOBER 9, 2019

“As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland. There is certainly some interest coming out of Latin America, there’s a lot of unrest in other parts of the world.”. percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

MAY 26, 2017

Mizuho Financial Group , the Japanese financial company, is gearing up to launch a venture in June to create new businesses with FinTech. If we try to pursue business innovation within the bank, we have to ask around for permission from people in risk management, compliance and others. It takes forever,” said the executive.

Fintech 100

Fintech blockchain New York Risk Management 100

PYMNTS

FEBRUARY 15, 2019

Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations. The company announced a $30 million Series B investment round this week, led by Accel, said reports in Fortune. Open Financial Technologies.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

SEPTEMBER 24, 2019

“Account takeover, which involves the targeting of financial institution customer accounts to gain unauthorized access to funds, is an extremely common cybercrime affecting U.S. financial institutions,” he said. FinCEN is seeing around 5,000 account takeover reports each month involving approximately $350 million,” he said.

Fraud 178

Fraud Cards Fintech Compliance 178

PYMNTS

MAY 20, 2019

Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according to a report by Reuters. million) to put into the fund. The association said the fund should be independent and fully professional. .

National 108

National Capital Compliance Financial Technology 108

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. PYMNTS dives into the report to examine the biggest data points. Globalization. Payments Rails.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

FEBRUARY 19, 2020

PYMNTS’ recent Making Real-Time Payments a Reality: Rising Demand for Real-Time Payments report, a collaboration with Mastercard, found that two-thirds of corporate survey respondents said they are either “very” or “extremely” aware of real-time payments – and even more are interested in using the functionality. .

Payments 287

Payments Fraud Survey Fintech 287

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. That doesn’t mean it’s been easy. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

DECEMBER 15, 2016

Financeit, the Canadian financial technology company, has seen its business double ever since it acquired home improvement financing assets from TD Bank. Part of our growth plan is to consolidate the industry,” he said in the report. “We’re Financeit has processed more than $1.5

Compliance 100

Compliance Fraud Financial Technology Company 100

Celent Banking

OCTOBER 12, 2015

This week I’m in Singapore, which provides a beautiful backdrop for Sibos 2015, the annual conference that brings together thousands of business leaders, decision makers and topic experts from a range of financial institutions, market infrastructures, multinational corporations and technology partners.

Conference 100

Conference Compliance Customer Experience Analysis 100

PYMNTS

NOVEMBER 21, 2018

By its very nature, the market of cross-border payments presents a significant opportunity for financial authorities around the world to collaborate as they make it easier for money to move between each others’ markets. Reuters reported earlier this month that the Financial Stability Board (FSB) counted a 4.1

Payments 123

Payments Innovation National System 123

CFPB Monitor

MARCH 8, 2019

The FTC has proposed amendments to its 2003 Safeguards Rule and 2000 Privacy Rule, applicable to financial institutions under the Gramm Leach Bliley Act (GLBA). The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

PYMNTS

FEBRUARY 3, 2017

In a recent study of 200 government leaders from 16 countries, IBM’s Institute for Business Value (IBV) looked specifically at blockchain technology as a possible solution for securely sharing sensitive data. Specifically, they include the areas of citizen services, regulatory compliance, identity management and contract management.

blockchain 100

blockchain Technology Study Policies 100

PYMNTS

MAY 6, 2020

While there is evidence that these procedures are gradually beginning again, providers’ financial forecasts will have to take into account a wide range of scenarios based on safety and compliance requirements in the months ahead. Adopting payment technologies to react to these new models’ revenue changes will be essential, too.

Management 160

Management Strategy Policies Industry 160

PYMNTS

MAY 6, 2020

While there is evidence that these procedures are gradually beginning again, providers’ financial forecasts will have to take into account a wide range of scenarios based on safety and compliance requirements in the months ahead. Adopting payment technologies to react to these new models’ revenue changes will be essential, too.

Management 159

Management Strategy Policies Industry 159

CB Insights

NOVEMBER 21, 2019

GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. Download the CB Insights and PwC Canada MoneyTree report to see all the data. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Navigating the Canadian fintech market map. Capital markets.

Fintech 93

Fintech Marketing US Technology 93

CFPB Monitor

JULY 21, 2022

5318(h); the filing of SARs; other potential record-keeping and reporting obligations; and enhanced due diligence for private banking and correspondent banking relationships with foreign persons. in a manner that the Secretary determines appropriate to assess compliance” with the amendment. But, it goes broader than that.

United States 78

United States Taxes Regulation Compliance 78

William Mills

FEBRUARY 22, 2018

Bankers as Buyers explores what banks will likely invest in this year and provides ideas and concepts from leading industry analysts, banking consultants and financial technology professionals on the top trends impacting the financial industry in 2018, including: Mobile Developments. The post What Will Bankers Purchase in 2018?

Millennials 40

Millennials Digital Strategies Fraud Mobile 40

Tech and Finance

DECEMBER 30, 2018

Payment systems are moving to real-time around the globe, according to a the fifth annual “ Flavors of Fast ” report from FIS , the financial technology powerhouse. The annual report was begun by Clear2Pay, which FIS acquired in 2014. TCH and other closed networks have stepped up to provide infrastructure, she added.

United States 31

United States Payments Maine Chicago 31

PYMNTS

OCTOBER 1, 2018

The SEC also noted that it will not recommend charges against LendingClub Corporation, because the firm’s board “promptly self-reported its executives’ misconduct following a review initiated by its board of directors.” “By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Attorney Alex Tse.

Lending 135

Lending Fraud Management San Francisco 135

CFPB Monitor

NOVEMBER 22, 2022

The Treasury Department has released a report entitled “ Assessing the Impact of New Entrant Non-bank Firms on Competition in Consumer Finance Markets.” The report was issued in response to President Biden’s July 2021 Executive Order on promoting competition.

Fintech 78

Fintech Report Data Lending 78

PYMNTS

JULY 24, 2020

The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. London startup mobile bank Revolut Ltd. the New York-based settlement platform.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

JANUARY 27, 2021

In this week’s look at the latest in Commercial Card Innovation, PYMNTS examines the tactics industry players use to overcome hurdles, including complex strong customer authentication (SCA) compliance requirements and the pain of supplier non-acceptance. Billtrust, REPAY Drive Virtual Card Adoption.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

JUNE 3, 2020

Elsewhere, FinTechs are taking the initiative to work with financial institutions and offer their technologies in an effort to augment corporate services. API technology firm TrueLayer has been cleared by the U.K. API technology firm TrueLayer has been cleared by the U.K. TrueLayer To Enable UK Government Payments.

Fintech 171

Fintech Tools Technology Meeting 171

CB Insights

DECEMBER 5, 2017

Assurant most recently made a $5M investment in professional rental management company Vacasa , while AIG made investments in 2015 in construction-site wearable safety firm Human Condition Safety and cyber defense services and compliance firm K2 Intelligence. Number of investments (since 2012): 2. Stated investment focus: N/A. Aviva Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

PYMNTS

FEBRUARY 22, 2017

Corporates in particular are struggling with some of these financial reforms, according to research from the U.S. Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negative impact for businesses.

Compliance 135

Compliance Regulation Management Fintech 135

PYMNTS

MARCH 11, 2019

Fiserv , a financial technology company, has partnered with cash solutions company NationalLink to simplify cash management for users, the company said in a press release. NationalLink will use a financial services technology called CorPoint, which is a cash supply chain management software.

Management 100

Management Software Financial Technology Compliance 100

PYMNTS

NOVEMBER 12, 2018

While ERP systems have been around for 25 years or so, recent evolutions in corporate financial technology are redirecting the position of ERP within the broader ecosystem of digital platforms. One of those acquisitions was of Excel4apps , a company that offers corporate reporting software based off Microsoft Excel. .

System 135

System Data Report Tools 135

Accenture

SEPTEMBER 25, 2017

It’s a concept that banks and financial technology (fintech) companies should—and are—quickly learning. Incumbent banks recognise that technology has the power to transform their business by making it more efficient, providing a better customer experience, and ultimately improving profit margins.

Fintech 153

Fintech Customer Experience America System 153