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

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Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

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Bank Innovation

NOVEMBER 16, 2018

Innovation is expensive. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart. But […].

Innovation 150

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Bank Innovation

NOVEMBER 16, 2018

Innovation is expensive. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart. But […].

Innovation 150

Innovation Technology Google Compliance 150

PYMNTS

JANUARY 11, 2021

The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. Storonsky said Revolut wants to develop “many more innovative products” that will advance “innovation and competition” across the financial services sector.

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Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

Innovation 150

Innovation Seattle Fintech US 150

PYMNTS

JANUARY 26, 2021

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. Signal CEO Moxie Marlinspike “played down,” the cryptocurrency developments, telling Platformer it was only some “design explorations.”.

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Insights on Business

JULY 26, 2018

IBM RegTech Innovations. One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. IBM driving innovation. Learn more how IBM is driving innovation in RegTech.

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blockchain Innovation Customer Experience Compliance 151

Bank Innovation

NOVEMBER 13, 2017

EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.

blockchain 278

blockchain Fintech Capital Innovation 278

Bank Innovation

AUGUST 17, 2017

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.

New York City 365

New York City Fintech Georgia Boston 365

PYMNTS

NOVEMBER 18, 2020

Collaboration and not competition, Visa’s Senior Vice President, Global Head of FinTech Terry Angelos told Karen Webster in a discussion on the recent advancements and updates to Visa’s Fast Track program , is quite evident — particularly when one observes that a number of Visa’s partners are many that, on paper, might appear to be competitors.

Fintech 184

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Bank Innovation

JANUARY 2, 2019

Then there is also the possible revival of older trends (hint: cryptocurrency could be […]. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

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PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”. 12) announcement.

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PYMNTS

OCTOBER 17, 2018

Corporate treasurers have said they’re interested in a slew of cutting-edge FinTech solutions that experts believe will disrupt financial business management. These professionals widely agreed that positive disruption is on the horizon as a result of FinTech.

Fintech 177

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Bank Innovation

FEBRUARY 1, 2018

EXCLUSIVE – Payments might not be a substantial portion of social media platform Facebook’s revenues, but it is an important one — particularly as non-payment companies increasingly begin to launch payment capabilities for social media platforms such as Messenger.

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PYMNTS

SEPTEMBER 13, 2019

The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday (Sept. By being able to operate as a bank, we have the tools to take the next step and drive true positive change for the users.”. 13), according to reports.

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PYMNTS

JANUARY 18, 2022

The CEO and CFO of the BitMEX cryptocurrency derivatives exchange announced today that they have reached an agreement to purchase a 268-year-old German bank in order to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.”. Regulated” is a word Höptner returned to repeatedly in the announcement.

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PYMNTS

SEPTEMBER 26, 2018

The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. It marked the first drop in ICO funding in more than a year, according to Bloomberg reports, citing a correlation between ICO funding declines and drops in cryptocurrency values. This week, U.S.

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Bank Innovation

AUGUST 3, 2018

In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined. Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? Well, they don’t.

Fintech 186

Fintech Technology Report Company 186

PYMNTS

JANUARY 7, 2020

For a country that is striving mightily to go digital when it comes to financial services, it may be a bit curious that Qatar has seemingly put the brakes on cryptocurrencies. The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. As was reported Monday (Jan.

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PYMNTS

SEPTEMBER 10, 2019

The Geneva-based, Facebook-led Libra cryptocurrency will have to adhere to stringent regulations, Reuters reported on Tuesday (Sept. Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker told Geneva reporters that all cryptocurrency projects operating in the U.S.

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cryptocurrency blockchain Meeting Regulation 109

Bobsguide

AUGUST 25, 2022

Australian creative technologies business Two Bulls and Thailand’s Translucia Global Innovation are developing a Metaverse R&D Center in Australia. Located in Melbourne, Victoria, the US$100 million centre will be one of the largest in the world when operational. Developing a new interactive world.

US 88

US social media cryptocurrency Technology 88

PYMNTS

OCTOBER 19, 2020

Manual work won’t be as necessary and businesses will be able to access expanded payment operations, the release says. The company says Mastercard Track can aid suppliers and buyers in tackling the systemic challenges of the B2B payments, and innovating the ways which companies can send and receive funds.

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Bank Innovation

MARCH 2, 2018

The 16 registered cryptocurrency exchanges currently operating in Japan will soon form a self-regulating body, after a $530 million heist of digital coins in the region led to investor concerns, Reuters reported today.

cryptocurrency 199

cryptocurrency Regional Regulation Operations 199

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used.

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Fraud Compliance cryptocurrency Security 270

PYMNTS

APRIL 23, 2019

Japanese billionaire and SoftBank Founder Masayoshi Son didn’t do well in his personal cryptocurrency investing, reportedly losing more than $130 million. SoftBank Chief Operating Officer Marcelo Claure will be in charge of the fund, with SoftBank committing an initial $2 billion and serving as the new fund’s general partner.

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Bitcoin cryptocurrency America Regional 128

PYMNTS

NOVEMBER 23, 2017

22) on the sidelines of a financial innovation conference hosted by Thomson Reuters. While other countries are warning against cryptocurrency and initial coin offerings (ICOs), Japan has been embracing digital currency and has become a leader in the FinTech market. It’s too far off,” he said, in an interview with Reuters.

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Bitcoin cryptocurrency blockchain Training 101

Gonzobanker

FEBRUARY 1, 2023

While AOBA provides a fertile forum for buyers and potential sellers in the bank M&A space to commensurate, the crowd uses this valuable face time to also delve into discussions about the economy, strategic growth, fintech innovation, competition, and talent wars.

Arizona 147

Arizona Kansas City Industry Phoenix 147

PYMNTS

APRIL 2, 2018

Cryptocurrencies continued to dip on the heels of various regulatory actions focused on trading activities and exchanges. As of the end of the week, at least one firm, Mattervest, said it had shuttered operations. As has been widely reported, some of those social media sites have been limiting access for cryptocurrency firms.

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PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

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Independent Banker

AUGUST 31, 2021

How do you navigate the constant churn of innovations or disruptors? Cryptocurrency. consumers have shifted to digital channels for retail product purchases since COVID-19 hit, and close to 16% currently own or have previously owned some form of cryptocurrency, according to PYMNTS.com. By Colleen Morrison. Faster payments.

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Bank Innovation

OCTOBER 8, 2018

Not even a month has passed since Julie Demarigny, a veteran in digital entertainment industry having served Warner Bros. and Sony Music, has joined West Coast focused Union Bank as its head of digital banking. In her new role, Demarigny will lead all digital strategy for the bank and its savings-only platform PurePoint Financial as […].

Digital Banking 186

Digital Banking Innovation Digital Strategies Strategy 186

Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models.

Innovation 171

Innovation Conference Fintech blockchain 171

Bank Innovation

JANUARY 25, 2018

The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […].

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PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Video-based know your customer (KYC) processes are particularly promising in this regard.

Video 211

Video Report Meeting United States 211

PYMNTS

DECEMBER 11, 2019

New York is the center of both innovation and consumer protection, and the department must strive to deliver speed to market and continually adapt to keep pace as the financial services industry continues to rapidly evolve,” said Lacewell. The DFS has issued 24 licenses and charters to virtual currency firms since 2015.

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New York Regulation cryptocurrency Meeting 132

PYMNTS

JUNE 27, 2018

Our new, hard infrastructure will be future-proofed to your imaginations, opening up a range of potential innovations in wholesale markets and corporate banking and retail services.”. Support for cryptocurrencies is possible thanks to AloGateway’s existing partnership with BlockCypher, the company said. “We

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