PYMNTS

DECEMBER 4, 2019

FinTech innovators are continually evolving their technology platforms as they aim to dive deeper into the automation space and also widen their offerings. Elasticsearch is an open-source data store “that you can put tons and tons of data in” and it’s very robust, DadeSystems CTO and Co-Founder Doug Hathaway told PYMNTS in an interview.

Fintech 131

Fintech Data Payments Analytics 131

PYMNTS

JUNE 5, 2020

Financial Institutions (FIs) that adopt open banking allow third parties like FinTechs to integrate with their application programming interfaces (APIs) to provide personalized financial management and payment apps that draw on bank customers’ data. We need to manage risk appropriately, but open banking is a good thing,” Davies said.

Security 174

Security Fintech Data Fraud 174

Bank Innovation

JULY 16, 2018

Financial institutions harnessing the power of big data must glean meaningful insights from many disparate data sets. Several startups helping banks and financial institutions make sense of data, alternative and otherwise, have emerged.

Analytics 284

Analytics Data Big Data Fintech 284

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

Fintech 308

Fintech Data User Experience Innovation 308

Payments Source

AUGUST 10, 2020

Financial firms could lose access to data that’s critical to their businesses if Congress passes a privacy bill. To change lawmakers’ minds, they need to show how data in the right hands has the power to improve customers’ lives.

Data 217

Data Fintech 217

PYMNTS

MARCH 22, 2019

If data makes the world go ’round, so, too, does it garner investor interest, as evidenced by venture capital and other investors’ funds coming into the coffers of corporates that scrape the web for information. Thinknum , which provides web-sourced alternative data, has garnered $11.6

Data 178

Data Fintech Capital Lending 178

Bank Innovation

NOVEMBER 16, 2017

million grant to banks in order to promote artificial intelligence and data analytics projects, as proposed by Ravi Menon, managing director for the Monetary Authority of Singapore (MAS) yesterday. The grant, called the Artificial Intelligence and Data Analytics Grant, will be reserved for financial institutions based in Singapore.

Data 316

Data Analytics Fintech Management 316

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. In some instances, these systems deploy this data to create a solution that banks haven’t developed themselves, often due to restricted investments in small business product development.

Data 184

Data Fintech Mobile Analysis 184

BankInovation

MAY 26, 2023

Open banking and authentication fintechs caught the eye of attendees at Finovate Spring 2023 this week, with several voted Best of Show by the audience. Forty-four fintech startups demonstrated their technologies and how they fit in the financial services industry. 9Spokes A dashboard […]

Security 52

Security Fintech Data Industry 52

PYMNTS

MARCH 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. While policymakers target protection and customer ownership of data, one of the most prominent selling points for open banking is the ability for data to move seamlessly between once-siloed platforms.

Data 184

Data Fintech Strategy Regulation 184

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. BNL Goes Live With Tink. ní banka Taps Temenos. The Czech Republic’s Komer?ní

Fintech 341

Fintech National Groups Tools 341

PYMNTS

JANUARY 7, 2019

The GAO said it had seen — through interviews with 11 FinTech firms — loan volume grow by sevenfold, while collaborative efforts with banks continued to grow from 2013 to 2017. Such alternative data, said the GAO, could pose risk to such lending decisions. “The Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JANUARY 17, 2018

The commercial card and expense management market is yet another space in which collaboration between FIs and FinTechs has proved key to driving innovative tools – especially as corporates grow weary with the traditional legacy services their banks provide. ” The Power of Data. APIs Add Fuel.

Fintech 187

Fintech Data Cards Innovation 187

PYMNTS

DECEMBER 18, 2020

18) that it has signed a data access agreement with Brex , a company that provides financial services that help scale early-stage businesses. According to Finicity, the move extends its leadership in providing direct data access through the use of APIs to the FinTech category.

Data 242

Data Leadership Innovation Fintech 242

PYMNTS

NOVEMBER 11, 2020

Fintech Partner Connect will “support new ways for businesses and consumers to seamlessly and securely pay, get paid, send money and more,” a spokesperson for the credit card and financial services giant said in an email announcing the new program on Visa on Wednesday (Nov.

Fintech 277

Fintech Compliance Online Survey 277

Gonzobanker

MARCH 7, 2024

It happened this week: Fintech Meetup , one of the newer trade events that brought 4,000 or so fintech and banker types to Las Vegas. Distribution, distribution, distribution The quest to scale a fintech company while maintaining high-quality business models came up on repeat.

Las Vegas 158

Las Vegas Fintech Conference San Francisco 158

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Data 293

Data Innovation Big Data Marketing Strategies 293

PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Airwallex Taps Deutsche Bank.

Fintech 277

Fintech Cards Technology Samsung 277

Cisco

APRIL 26, 2022

The future of financial services will be shaped by the ability of financial institutions to extract and deliver more customer value from data. Those opportunities will rely on data and analytics for real-time decision making. Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey.

Big Data 148

Big Data Data Analytics Examples 148

PYMNTS

OCTOBER 12, 2020

billion, Berlin-based FinTech N26 is exploring seeking additional investments in calendar 2021, Bloomberg reported Monday (Oct. FinTech companies are expected to benefit over the long term from customers’ shift to online banking due to COVID-19. Venture capital investment in Europe’s FinTech industry has surpassed $35.4

Fintech 268

Fintech United States Capital Meeting 268

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 198

Fintech Lending Software Compliance 198

PYMNTS

NOVEMBER 25, 2020

While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation. This combination of facilitating payment and data connectivity was the motivation behind Transcard's launch of automated account-to-account (A2A) transactions.

Data 291

Data Payments Fintech Management 291

PYMNTS

NOVEMBER 27, 2019

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. Xero Embraces FinTech-FinTech Connectivity. Xero Embraces FinTech-FinTech Connectivity. Plaid’s Global Expansion.

Fintech 227

Fintech blockchain Data National 227

Payments Source

JANUARY 17, 2019

The numbers behind Fiserv's deal to acquire First Data are huge, particularly considering each company's existing tonnage still makes consolidation the best play when faced with nimble fintechs and mobile startups.

Fintech 122

Fintech Data Mobile Company 122

PYMNTS

MARCH 20, 2020

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party platforms. Unlocking data also means an easier bank-switching process for SMBs in search of improved borrowing processes. In the U.K.,

Lending 233

Lending Data User Experience Fraud 233

PYMNTS

SEPTEMBER 17, 2019

FinTech firms are keeping a pulse on the latest regulations and helping their clients comply with them. The European Union’s General Data Protection Regulation (GDPR), for instance, went into effect last May, and penalties are just starting to be enforced. That level is treating data as if it were your data.

Fintech 200

Fintech Compliance Data Regulation 200

PYMNTS

APRIL 29, 2020

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This week’s look at the latest in bank-FinTech collaborations reveals two new open banking initiatives from FinTechs designed to address back-office friction for banks.

Fintech 238

Fintech Payments Data Technology 238

Gonzobanker

SEPTEMBER 21, 2023

Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech. On-demand financial data provider Validis partnered with Lenvi Riskfactor to manage risks associated with business lending. an embedded payments platform for fintechs.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

APRIL 16, 2020

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to apply for and receive much-needed funding. This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K.,

Data 167

Data Lending Regional Fintech 167

PYMNTS

NOVEMBER 26, 2019

Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment.

Compliance 182

Compliance Regulation Fintech Resources 182

PYMNTS

JANUARY 8, 2021

As a digital-first company that offers a range of B2B solutions for data-intensive organizations, Quantexa was in a "privileged" position to have not experienced much friction when the pandemic hit. "We According to Chana, the biggest challenge when it comes to FinTech adoption is in facilitating integration. Digital Roots.

Fintech 218

Fintech Strategy Data Tools 218

American Banker

OCTOBER 23, 2023

Banks already share consumers' transaction data with fintechs, mostly through data aggregators, and often grudgingly through screen scraping. The proposed 1033 regulation could give more control to consumers, better data access to fintechs and a competitive edge to big banks over smaller ones, some observers say.

Data 87

Data Fintech Regulation Management 87

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

Fintech 197

Fintech Lending Community Payments 197

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. The ERP’s Role in a FinTech World. But the ERP of today doesn’t look like it used to.

Data 260

Data Taxes Analytics Resources 260

BankInovation

FEBRUARY 12, 2024

In 2023, global fintech equity deals amounted to $39.2 18 State of Fintech report by CB Insights, a data intelligence company. Investors expect funding activity to rebound in 2024 following a year of uncertain macroeconomic conditions. billion, compared to $78.6 In Q4, only […]

Fintech 69

Fintech Data Report Company 69

William Mills

MARCH 12, 2024

In a time where information reigns supreme, the strategic use of proprietary data in PR and marketing is not just an advantage — it's essential. Otherwise, a huge opportunity is being missed, one data point at a time.

Data 92

Data Marketing How To Fintech 92

American Banker

FEBRUARY 12, 2024

Fintechs that "bank" children and teens should collect far less data about their young users, erase it sooner and be more transparent in policies that are often buried, say privacy advocates.

Fintech 87

Fintech Policies Data Compliance 87