PYMNTS

SEPTEMBER 25, 2019

An explosion of FinTechs looking to fill the gaps left across under-banked and under-financed populations, including, in many markets, small businesses, has watchdogs exploring how to promote financial inclusion and access to capital while maintaining borrower protection. In the U.S., Data Solutions For Data Problems.

Compliance 117

Compliance Risk Management Lending Regulation 117

PYMNTS

AUGUST 7, 2019

6) that the nation’s central bank has suspended the company’s activities because it allegedly failed to provide the government with required financial data on its operations this year. The Industry Spread reported Tuesday (Aug. However, we take a zero-tolerance approach to any risky and irresponsible activities. “We

Operations 101

Operations Regional Compliance Report 101

PYMNTS

DECEMBER 11, 2019

So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. We had to deal with credit and trust issues very quickly,” he said, echoing other FinTech leaders and entrepreneurs who operate in the Middle East and in the Gulf countries. “We But in a new PYMNTS interview on Tuesday (Dec.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

MARCH 8, 2018

and group compliance director, explained to PYMNTS how online tools can make remote identity verification even more robust than in-person processes — and also help kick cross-border payments into higher gear. WorldRemit is focused on P2P , and its experience has implications for B2B operations, Nazzaro said. Taking Transfers Online.

Compliance 101

Compliance Regulation Online Payments 101

PYMNTS

AUGUST 29, 2019

The twist is, that gap in small business banking innovation led external FinTechs to step in and today, small business banking is a highly competitive, and highly innovative, area of financial services. In India, Visa recently announced a partnership with FinTech Open to introduce new small business banking services. Now, the U.S.

Fintech 173

Fintech Innovation Lending Digital Banking 173

FICO

AUGUST 12, 2021

Financial Institutions’ compliance officers and teams should be concerned that Open Banking may render their existing AML/CTF and KYC compliance programs inadequate. In some markets, like the EU, Open Banking is mandated and regulated. AML compliance has not traditionally focused on monitoring this type of network.

Compliance 52

Compliance Regulation cryptocurrency Marketing 52

PYMNTS

OCTOBER 28, 2020

Digital payments are growing ever more widespread, with the global digital payments market increasing by more than 50 percent in the past three years to hit $4.7 This puts them at risk of losing customers to more agile FinTechs that lack these issues. trillion in 2020. trillion in transaction value by 2023.

Payments 219

Payments Compliance Fintech Innovation 219

PYMNTS

SEPTEMBER 29, 2017

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. Staying Updated.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. FIs themselves struggle with fully understanding how this industry operates, too. As Karalevi?ius

cryptocurrency 283

cryptocurrency Compliance Regulation Payments 283

PYMNTS

JUNE 5, 2020

Providing robust services via mobile channels is especially important now, as the COVID-19 pandemic has caused businesses to operate remotely and consumers to stay at home as much as possible. Such vigilant security means FinTechs must vet new customers and continually review existing ones for changes in their money laundering risk, he said.

Security 174

Security Fintech Data Fraud 174

PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

Fintech 166

Fintech New York US National 166

PYMNTS

APRIL 2, 2019

The legal cannabis market continues to reach new milestones, the latest being the launch of the industry’s first commodity trading desk — with the latest service provider highlighting the opportunity in addressing the more nuanced challenges of an unfamiliar, emerging market.

Fintech 176

Fintech Compliance Industry California 176

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

MAY 30, 2018

And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs. And increasingly, banks are starting to think of FinTechs not as the enemy, but as potential partners. Why FinTechs Need Banks.

Fintech 160

Fintech Regulation Compliance Innovation 160

CFPB Monitor

JUNE 7, 2022

The Bureau states that any action taken in response to a rulemaking petition “will apply to all companies in the market.”. The new office will replace the Office of Innovation that focused on an application-based process to confer special regulatory treatment on individual companies.”.

Innovation 78

Innovation Compliance Conference Operations 78

PYMNTS

AUGUST 14, 2018

No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. In the world of transaction monitoring for compliance, the spreadsheet becomes the all in all: a ledger, analytics, tracking, case management and auditing tool.

Fintech 102

Fintech Compliance Resources Tools 102

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. The debt funding marks the largest provided to an Indian startup in about two years, reports in VCCircle said. Growth Street.

Marketing 109

Marketing Capital San Francisco Management 109

PYMNTS

DECEMBER 11, 2020

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities.

Fintech 193

Fintech Capital Resources Technology 193

Insights on Business

JUNE 18, 2018

At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. Another great session, this one surrounding blockchain, will be hosted by Saket Sinha , IBM Vice President & Partner, Global Banking & Financial Markets for the Blockchain Consortium Governance and Operating Model session.

Conference 70

Conference Fintech blockchain Compliance 70

PYMNTS

JUNE 15, 2020

Supply chain disruptions and economic volatility have elevated risk exposure for many enterprises, but for small- to medium-sized businesses (SMBs) operating globally, that risk of exposure can be catastrophic. Indeed, for some SMBs, it already has, with economists anticipating a wave of bankruptcies and permanent SMB closures ahead.

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

FEBRUARY 23, 2017

Banks and FinTechs are going in on blockchain technology , as two separate reports released earlier this month conclude. Analysis from Corporate Insight and Infosys Finacle say banks and FinTechs are readying increased involvement and investment in distributed ledger technologies.

Fintech 115

Fintech blockchain Survey Technology 115

Bank Innovation

JUNE 23, 2017

INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. Here are the five companies of Class 3 of INV Fintech: CoverHero is an intelligent insurance roboadvisor that helps users manage, understand, and buy […].

Fintech 218

Fintech Management Company social media 218

PYMNTS

DECEMBER 30, 2020

Marg ERP, an India-based FinTech connecting small businesses to inventory management, accounting and enterprise resource planning (ERP) technology, has announced a partnership initiative to expand its SMB financial services footprint. Reports in the Financial Express said on Monday (Dec. Reports in the Financial Express said on Monday (Dec.

Strategy 175

Strategy Big Data Fintech Management 175

PYMNTS

AUGUST 20, 2018

The survey stretched across 77 C-level executives, IT managers and others — and of that tally, 76 percent of firms are not currently in compliance with their own information governance policies. As many as 85 percent of firms are boosting budgets over the previous year’s, tied to data privacy and compliance.

Fintech 101

Fintech Survey Regulation Resources 101

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

Bank Innovation

JUNE 24, 2016

In a stunning vote, British citizens decided to leave the European Union, and the so-called Brexit has not just profound implications for fintech, but creates massive uncertainty for global financial services. tweeted Eileen Burbidge, a partner at Passion Capital and FinTech Envoy of HM Read More. How can we be so stupid?”

Fintech 258

Fintech Capital social media Operations 258

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Blockchain.

Fintech 118

Fintech Capital blockchain Lending 118

Bank Innovation

JUNE 7, 2018

Realtime payments (RTP) is great for the consumer, but what about for the banks? Will realtime payments lead banks to lost revenue on transfer fees or fines from bounced checks? That is likely. But real-time payments will also open doors to new revenues possibilities, thanks to data from realtime transactions.

Payments 210

Payments Marketing Fintech Data 210

PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. Just as in other markets, eChecks, ACH, paper checks, wires and credit cards all come with their various benefits, as well as their pain points, from high processing fees to a lack of security. But current legacy rails can make this difficult.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

DECEMBER 18, 2018

. “The accounting profession is rapidly transitioning from compliance to trusted advisor ,” he said in a recent interview, “and these tools will allow them to develop foresight with the client, rather than reporting only on what has happened after the fact — hindsight.”

Management 134

Management Fintech Tools Technology 134

PYMNTS

NOVEMBER 21, 2017

20), Fiorano PSD2, a platform for FIs across the EU to ensure compliance with PSD2, built on the company’s existing API Management capabilities and banking integration management tools. APIs have become instrumental in facilitating data sharing between FIs and FinTech platforms. “By The company revealed its new solution on Monday (Nov.

Software 180

Software Compliance Fintech Tools 180

PYMNTS

FEBRUARY 20, 2019

Through intelligent automation, our platform provides operational efficiency, improved customer experience, and faster payments, representing a $21 billion opportunity for lenders and borrowers.”. “Our name represents our commitment to strengthening connections in the real estate industry and fueling today’s connected construction economy.

Fintech 134

Fintech Austin Texas Software 134

Perficient

NOVEMBER 17, 2020

At the same time, Covid-19 presents opportunities for business leaders in the banking industry and beyond to develop strategies and branding that will define their future, as distinct market forces and customer behaviors will certainly emerge in the “new normal.” Nobody in the banking industry planned for a year like 2020.

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend.

Lending 190

Lending Capital Fintech Security 190

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150