Banks’ Definitive B2B Payments Guide To Sibos

PYMNTS

While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. One way, of course, is through collaboration and data integrations with FinTechs, which continues to be a paramount strategy in augmenting corporate financial services.

When did FinTech become cool?

Chris Skinner

When did FinTech become FinTech? I guess the first thing is to define FinTech, which I did badly four years ago. I say badly because my definition back then was: FinTech [is] a new market that integrates finance and technology. Fintech Grid

Programs galore; definitely on the right path

Matteo Rizzi

We are definitely on the right path with our assigned programs for the year at FinTechStage. Financial Inclusion FinTechStage fintech fintechstage fintechstage news matteo rizzi matteor rizzi news

The Definitive Guide to Digital Banking Platforms

Dataconomy

The post The Definitive Guide to Digital Banking Platforms appeared first on Dataconomy. Data Science Finance FinTech Digital Banking fintechDid you doze off and miss the digital banking revolution?

Why Not All FinTech Providers Are FinTech Firms

PYMNTS

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A FinTech is a term that’s become synonymous with innovative, agile and digital-first financial services companies,” said Thomas. The Promise of FinTech.

Top 5 Emerging Fintech Hubs in The U.S.

Bank Innovation

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.

FinTech Credit: Not So Clear And Present Danger?

PYMNTS

As the payments landscape evolves and becomes ever more digital in scope, and as FinTech firms make inroads into traditional financial services, regulators are looking at FinTech credit — and how it might be defined and shaped.

Canadian Fintech Market Map

CB Insights

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. The 2019 Canadian fintech market map.

Does Fintech exit the UK with Brexit?

Insights on Business

As Brexit inches closer to its culmination date of March 2019, one unanswered question from the impending exit from the EU is will London still be seen as the ‘ capital of Fintech ” in Europe? The UK is currently facing its most serious challenge so far as the fintech hub of Europe.

Happy 5th Birthday Daily Fintech

Daily Fintech

I celebrated the first birthday of Daily Fintech with this post on 30 June 2015. So Daily Fintech is 50% there if it is 10 years and 71% there if it is 7 years. Liquidity” is the definition of success for an investor. Daily Fintech Advisers b2b media daily fintech

FinTechs Press States To Streamline Regulations

PYMNTS

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Our FinTech industry advisory panel did include a few community banks.

What does the term ‘challenger’ really mean?

Chris Skinner

I realised post the post that the issue is definitions. In general, the term challenger banks has become accepted to be used in FinTech circles as banks … The post What does the term ‘challenger’ really mean? Digital Bank Fintech Grid

Deutsche Bank: How To Make FI/FinTech Partnerships Work

PYMNTS

It may be conventional wisdom to assume that banks and FinTech firms are on opposite ends of the financial services spectrum, where large, asset-rich, traditional financial institutions (FIs) stand in stark contrast to small, bootstrapped tech upstarts, competing for clients’ attention and spend.

How To 241

Visa, Marqeta Team To Boost FinTech Expansion Across Asia Pacific

PYMNTS

Many of them are technical in nature, as firms — especially FinTech firms and traditional financial institutions (FIs) that want to bring digital payments to new markets — must navigate new relationships with multiple payment processors on a market-by-market basis to gain that acceptance.

Wellness in a world of Fintech

Bank Innovation

Another strong opportunity for Fintech identified is to help that large percentage of the population who are not necessarily financially unwell but perhaps not as strong as they should be. Newswire finance financial inclusion fintech innovation wellness

Cross-Border FinTech Collaborations Gain Traction

PYMNTS

In FinTech and FI collaborations , borders fall to bits and bytes. On FinTech collaboration writ large, Singapore and Dubai are working together to encourage strides in digital payments and commerce done by mobile means. It is no secret that as banks and FinTechs band together, seamless integrations of product and processes become paramount. B2B Payments B2B big data Blockchain digital payments FinTech international payments News Open Banking API wealth management

FinTech Firms Ease Resistance To California SMB Borrower Protection Rules

PYMNTS

The Australian FinTech market, for instance, received significant backlash last year after small business lending platform Prospa pulled its IPO plans amid criticism over its rates and fees.

What Can Banks Learn From The FinTechs?

Insights on Business

This is definitely related to the inflection point that the banking industry is today both from their own inability to drive change for rapid digitization and also to address the threat from non-banking firms. What can banks learn from the FinTechs?

The complex impact of fintech and legacy systems on banking

Insights on Business

Legacy systems, not fintech (November 2016), by Mike Gardner seemed to go viral on my Twitter stream. After reading Gardner’s article, I decided to tap into some of the fintech experts I’ve engaged with and see what their thoughts are on legacy systems and fintech as threats to banking.

System 285

NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms

PYMNTS

Office of the Comptroller of the Currency (OCC) does not have the power to grant national charters to financial technology (FinTech) companies, The Wall Street Journal reported on Tuesday (Oct. New York’s federal district court ruled that the U.S.

Fintechs Are Driving Customer Expectations, but Banks Should be Wary of the ‘Hype Cycle’

Bank Innovation

EXCLUSIVE--Fintech startups are definitely driving change within the financial service industry--no surprise there--but more than providing some necessary technical upgrades, fintech has established such a place in the industry that is now driving what customers expect from their banks.

What Can Banks Learn From The FinTechs?

Insights on Business

This is definitely related to the inflection point that the banking industry is today both from their own inability to drive change for rapid digitization and also to address the threat from non-banking firms. What can banks learn from the FinTechs?

BIS Sees Boons, Risks As FinTech Credit Gains Traction

PYMNTS

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? The report noted that there is no internationally agreed-upon definition of what that activity might be, but for the confines of the report, it includes “all credit activity facilitated by electronic [online] platforms that are not operated by commercial banks.” There are signs, too, that commercial banks have been using FinTech credit innovations to boost their own efficiencies.

FinTech Startups Changing the Debt Collection Experience for Businesses & Consumers

Let's Talk Payments

Debt collection is definitely not the sexiest segment in the financial services industry. Fintech Insights Asia collectAI Collectly Europe InDebted insights Symend True Accord USTo be honest, the experience just straight-forward sucks for everyone involved in this horrendous process – lenders.

India’s SME fintech sector flourishing – Facebook and Tiger Global take stakes

Daily Fintech

Tiger Global aren’t the only US firm doubling down on Indian fintech. Meesho are effectively redefining the definition of a SME, enabling a new generation of Indians to establish home run businesses, reselling goods via its marketplace. Small Business Fintech

What Can Banks Learn From The FinTechs?

Insights on Business

What should be their strategy for Digital Banking transformation and what they can learn from FinTech innovation? What can banks learn from FinTech Innovation? I am interested in hearing your thoughts and your organizations experience on FinTech Innovation.

What Can Banks Learn From The FinTechs?

Insights on Business

This is definitely related to the inflection point that the banking industry is today both from their own inability to drive change for rapid digitization and also to address the threat from non-banking firms. What can banks learn from the FinTechs?

DFS Takes On OCC FinTech Charter

New York's State of Mind

They say that the definition of insanity is doing the same thing over and over again and expecting a different result. Legal Watch New York State DFS Fintech OCCIn my own case, I don’t know if its insanity or stupidity that has lead me to spend decades of beautiful fall Sundays glued to my TV in the hope of watching both the […].

Wyoming creates fintech sandbox

CFPB Monitor

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). FinTech State CFS Monitor sandbox wyoming

Sandbox Bill Announced For FinTech, Gov Regulations

PYMNTS

The FinTech industry is undoubtedly a competitive one — never mind the cross-country rivalry. doesn’t lose potential FinTech business opportunities to the U.K., The goal is to keep FinTech companies and innovation stateside. And already, FinTech firms are on board with the idea. Since its launch in May, it has sought to expand the country’s Project Innovate, allowing the FinTech industry to collaborate with the government for long-term opportunities.

Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

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. As banks look to pair with FinTechs to meet the treasury needs of their corporate customers, they’re also looking towards such innovators to integrate some of those same solutions in-house.

London Is Still Top FinTech Dog — And The Industry Wants It To Stay That Way

PYMNTS

For all of the commotion about Brexit, it appears as though London’s reign over the world of FinTech may be secure — even after the U.K. The latest report from Early Metrics, which assessed 1,500 FinTech companies across Europe, found that London continues to be the region’s leader, despite FinTech executives admitting that they felt “a clear challenge” because of Brexit, according to news from CNBC on Monday (Oct. FinTech startups in the first half of 2017 alone.

Can Cradle Of Civilization Carry FinTech Torch?

PYMNTS

FinTech is gaining momentum in the city, with a 40 percent rise in card transactions being recognized since capital controls were imposed back in July 2015. So we’re not Israel or London, but [we’re] definitely not an insignificant hub either.”. International Athens FinTech Greece international Tech Center What's Hot What's Trending

Introducing Open API Week on Daily Fintech

Daily Fintech

So when Daily Fintech Advisers started to talk to senior executives in Banks, I talked about Open APIs and a colleague told me that I needed to explain what they are (as we were not meeting with developers). My definition of Open API is very simple.

‘It’s Expensive To Be Poor’ — The Underbanked And The Future Of Fintech

CB Insights

To kick off a panel “The Next Billion” at CB Insights’ Future of Fintech Conference, moderator Jon Marino of CNBC asked the speakers for a working definition of being underbanked or unbanked. One panelist’s definition of the underbanked was somewhat … Continued. Fin Tech Future of Fintech 2016 Uncategorized

Mexico, LATAM’s biggest Fintech ecosystem, implement Fintech regulatory framework

Daily Fintech

Mexico is now the largest Fintech ecosystem in LATAM with over 240 Fintech startups, a YoY growth of about 50%. In the last year it has overtaken Brazil in Fintech growth as per Finnovista’s Fintech Radar (July 2017).

How Traditional and Emergent Fintech could converge and change Finance

Daily Fintech

Traditional Fintech is so boring – and so profitable. Two years ago, in December 2014, we took a look at the Traditional Fintech market. TL:DR Traditional Fintech was 82% of the market, much bigger than Emergent Fintech. . Eons ago I worked in Traditional Fintech.

The woman in the global Fintech arena

Daily Fintech

Speaking from experience, Daily Fintech is a spectator and analyst in the Fintech business, but in the media business we are in the arena/stage as entrepreneurs. Fintech Global Tour Strategic Viewpoint femtech first the rest

Uncovering The Value Proposition In FinTech Innovation

PYMNTS

is definitely a curiosity,” the executive said of digital payments tools gaining traction within the enterprise. “We Just because businesses are interested and willing to adopt payments innovations doesn’t mean it’s going to happen.

Is Fintech Just Hype?

CB Insights

Haters gonna really hate Hola, As everyone knows, fintech is en vogue these days. It’s not AI or deep learning hot, but it’s definitely up there. In fact, we have a 62-page report on it and have a 3-day event … Continued. Newsletter Archive

Hot Hashtag: Why Are We So Excited About #BigData?

Bank Innovation

#BigData is not a phenomenon unique to fintech: basically every consumer-focused service with the money to do so has been utilizing it since the term was first coined in the late 90s; or even before that point, really, as using data to make decisions is the literal definition of deductive Read More.

Robinhood Looks Into Crypto Trading

Bank Innovation

We are looking at it, a lot of customers have been interested and are requesting the feature [like this reedit user], so it’s definitely something we are taking a look at,” he said today during the Future of […].

The radical change coming to Financial Services & Fintech in Switzerland 

Daily Fintech

So, what happens here really matters and what is happening is earth-shattering (and we normally avoid hyperbolic language on Daily Fintech). . – The first country where Fintechs will be able to compete with Banks on a level playing field. .