PYMNTS

DECEMBER 18, 2018

In Kenya, the Capital Markets Authority (CMA) has issued its “FinTech Sandbox Guidance Note,” which is now finalized as policy. The first step is one that takes in market-specific operators within a number of spaces, including robo-advisors, crowdfundng and algorithmic trading. Poland, Germany and France.

Policies 109

Policies Fintech Big Data Lending 109

PYMNTS

JULY 10, 2020

Financial access to, and inclusion in, new foreign markets will certainly create post-pandemic fortunes. In fact, the pandemic has boosted the fortunes of several cross-border payments platforms as they proved their value to people and business owners operating on lockdown. Also, turns out it’s just smart business strategy.

Payments 142

Payments Strategy Marketing Fintech 142

PYMNTS

OCTOBER 16, 2020

Yandex regrets to confirm that it has not been able to agree to definitive transaction terms with the core shareholders of Tinkoff, and accordingly that the parties have mutually agreed to terminate discussions regarding a possible offer by Yandex for 100% of the share capital of Tinkoff,” Yandex said in a press release.

Groups 141

Groups Google Capital Fintech 141

BankBazaar

JULY 26, 2023

BankBazaar.com , India’s largest fintech co-branded credit card platform and online platform for free credit score, posted a 51% YOY increase in revenue in Q1-FY24, driven by its portfolio of co-branded Credit Cards and Personal Loans. Read on for more.

Branding 78

Branding Cards Fintech US 78

PYMNTS

OCTOBER 23, 2018

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away. With regulations like PSD2 and Open Banking emerging as ways to boost financial services competition, the bank-FinTech relationship has taken center stage.

Data 177

Data System Regulation Security 177

PYMNTS

SEPTEMBER 28, 2020

Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating. Overall, it's positive that business owners now have a voice, although we'll see predatory lenders making adjustments over time and will definitely find a way to maneuver around it," said James. It's a juggling act.".

social media 215

social media Capital Fintech Operations 215

PYMNTS

MARCH 4, 2020

To get a sense of the changing needs and expectations of enterprises, said DeLuca, financial institutions (FIs) should recognize the significant influence that the consumer and retail markets have on corporate treasurers. as if they were operating in the U.K. The Use Cases. Said DeLuca: “We try to advise banks to think in the U.S.

User Experience 203

User Experience Data Fintech System 203

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Lending 122

Lending Cards FDIC Capital 122

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. Furthermore, human-driven payroll operations mean businesses can struggle if their in-house payroll experts are sick, on leave or exit a company.

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

FEBRUARY 29, 2016

markets that could be slowing down the digitization of electronic B2B payments. is definitely a curiosity,” the executive said of digital payments tools gaining traction within the enterprise. “We Of course, the actual end user — the business — plays perhaps the biggest role in determining whether a market like the U.S.

Innovation 100

Innovation Fintech Tools Technology 100

PYMNTS

JANUARY 16, 2020

The headline statement is that crypto firms have traditionally operated in a regulatory environment that might charitably be likened to the “Wild West.” This includes customers who meet the definition of a politically exposed person.”. Or maybe, just maybe, Panama becomes a FinTech hub. Earlier this month, the U.K.’s

Regulation 132

Regulation cryptocurrency User Experience Operations 132

PYMNTS

MARCH 17, 2017

If there was any industry that could be viewed as the definition of mundane and stuck in its ways, it would be insurance. There can be added transparency, less need for centralized operations and can help build upon microinsurance products (more cost-efficient operations). And it’s not specific to FinTech. and globally?

blockchain 127

blockchain Industry Bitcoin Innovation 127

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

AUGUST 29, 2018

And readers also know that when it comes to Latin America, in the switch to banking done in ones and zeroes, transforming the way B2B is done may be best served through partnerships between financial institutions and FinTechs. These payments can impact the operational flow of the business through procurement and key vendor relationships.

America 100

America Fintech Operations Payments 100

PYMNTS

NOVEMBER 22, 2016

And while that trend is universal, the Asia-Pacific region is a particular hotbed for mobile FinTech. MC Payment , a startup based in Singapore, is a FinTech startup in the region that is riding the B2B mobile payments wave. million from investors in Thailand, which will also help the company enter the Thai market.

Regional 100

Regional Mobile Payments Trends 100

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Technology giants like Google and Amazon , which gained their market muscle from non-finance-related ventures, are slowly stepping into the space. When I look at it from a U.S.

Lending 109

Lending Google Fintech Industry 109

PYMNTS

AUGUST 21, 2018

At that time, Ant Financial, the operator of the biggest payment platform in China , grabbed $14 billion from a consortium of investors, which included a number of sovereign wealth funds, Warburg Pincus and others. Looking at the stock market in general, valuations are stretched. be a market to be more firmly embraced later?

Capital 101

Capital Marketing Analysis Policies 101

PYMNTS

JANUARY 3, 2020

Driven by faster phones, ingenious apps and sheer market force, the move to instant is pushing the boundaries of what’s possible with payments, opening up new worlds of risk and reward. FinTechs led this charge and fueled much of the innovation. In just three years, one word, one idea, has rewritten the payments rulebook: “instant.”

Payments 151

Payments Fraud Fintech Security 151

Insights on Business

JULY 20, 2017

I wasn’t particularly inspired by the Wikipedia definition , so I’ll give you mine. It also creates its own products and has its own back-office operations. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. What is “open banking”?

Fintech 181

Fintech Mobile Examples Data 181

PYMNTS

NOVEMBER 8, 2019

And it noted that the deliveries “mark another milestone in a recently announced collaboration between UPS and CVS to develop a variety of drone delivery use cases, including business-to-consumer operating models.”. Hourican continued, “CVS is exploring many types of delivery options for urban, suburban and rural markets.

Retail 101

Retail New York North Carolina Virginia 101

PYMNTS

OCTOBER 18, 2017

The question applies to financial institutions of all sizes and is especially germane to smaller banks and credit unions, firms which do not have the deep pockets or the technology of larger banking compadres and FinTechs. explained there is wide variation in the definition of innovation.

Innovation 140

Innovation Compliance Community Bank Strategy 140

PYMNTS

JUNE 20, 2018

“These definitions that have popped up, and the segmentation that goes on, sometimes complicates it for banks,” he said. ” His criteria for identifying a micro-business is any small business without a chief financial, marketing or innovation officer. “We tend to overthink it.”

Community Bank 101

Community Bank Community Fintech Survey 101

PYMNTS

AUGUST 10, 2017

percent share of the global money transfer market and puts the company at No. Today, we cover more than 150 markets and handle close to $30 billion in transfers. KW: Since 1980, the payments and remittance market has changed dramatically. FinTech operators are very nimble. That’s a 6.75 2 in the space worldwide.

How To 136

How To Risk Management Technology US 136

PYMNTS

JANUARY 11, 2017

In a recent interview, PYMNTS’ Karen Webster spoke with Jacob de Geer, founder and CEO of iZettle, about the recent funding round, the company’s growth, broader trends in the payments ecosystem in Europe and beyond, as well as what’s coming up next for the FinTech. It was a great year, actually, from a growth perspective.

Capital 100

Capital Fintech Payments System 100

PYMNTS

FEBRUARY 8, 2018

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. Three unnamed sources told Reuters that Chinese officials are opening up its large-value payment system to operate 21 hours a day, with the ability to process payments overnight.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

MARCH 11, 2020

With the digitization of the ecosystem and rapid emergence of FinTechs over the last decade, any company in business longer than six months old seems old, and anything that’s been around for more than five years seems ancient. The digital wallet was definitely going to be the firm’s undoing, an emerging line of conventional wisdom went.

Fintech 144

Fintech Colorado Payments Meeting 144

PYMNTS

DECEMBER 26, 2016

It’s extraordinarily difficult to build a payments company in this market environment … I would advise seeking meaningful partnerships that accelerate and de-risk the business plan. The FinTech sector is merging, and innovative uses of the existing tools or mechanisms offer new perspectives.

Payments 125

Payments Innovation Bitcoin Tools 125

Insights on Business

JUNE 28, 2018

Banks operating on legacy architecture will find it increasingly difficult to compete in an API-driven business environment, says Hans Tesselaar, executive director at BIAN. These objectives will be achieved by facilitating market entry for regulated non-bank players and driving increased transparency and customer protection.

System 130

System Innovation Industry Technology 130

PYMNTS

JULY 27, 2018

The definition of a really good day: Raise $100 million led by a company that not only has obviously deep pockets, but a deep presence in a vital part of the world for payments and the digital economy. The company also has deep pockets and a devotion to FinTech. That really good day was enjoyed by Flywire yesterday (July 26).

Capital 102

Capital United States Payments Groups 102

Fintech Labs Insights

AUGUST 27, 2020

It’s rare that a fintech company could ever achieve that type of velocity. But we consider Nationwide to be more of a financial services company than a fintech (though the definition is extremely fluid). And while you are at it, please add your fintech startup to our database. And that’s just to make it to number 500.

Fintech 15

Fintech UX Cards Data 15

PYMNTS

OCTOBER 19, 2017

While banks and rival FinTech companies are often able to more quickly adopt and release new technological solutions to their customers, one of the areas in which credit unions have managed to be highly competitive with their financial rivals is customer service. Additionally, the competition in the local market is tight.

Innovation 108

Innovation Tennessee Resources Regulation 108

PYMNTS

MARCH 16, 2016

This means Xero’s SME users can pay their international invoices via Midpoint’s FX services, which uses a peer-to-peer matching model, allowing payers to obtain the midpoint of the interbank market rate for foreign exchange costs at that moment in time. Top names like Google and Amazon are entering the payments game.

Payments 100

Payments Cards Innovation Google 100

Bank Innovation

APRIL 17, 2017

To operate in society, we are all beholden to an economic system for which we require access to monetary and credit services to participate, be they formal or informal. It’s also why financial inclusion is often at the crux of economic empowerment — it is providing you with better tools to operate within an economy.

Fintech 268

Fintech Innovation Survey US 268

PYMNTS

MAY 31, 2018

Payments are getting faster, safer and smarter, as players ranging from established FIs to FinTechs work to move money in better ways than they did before. Old or new, traditional FIs share a common problem: They still rely on legacy infrastructure, but digital-native FinTechs do not. That’s the basic promise and potential of ISO.”.

System 100

System Payments Tools Industry 100

PYMNTS

AUGUST 10, 2016

The payment was completed with help from the technologies behind the SAP HANA Cloud Platform and blockchain FinTech company Ripple. In a statement, ATB Financial Chief Strategy and Operations Officer Curtis Stange said that the feat was significant for real-world adoption of blockchain.

blockchain 100

blockchain Payments Technology Tools 100

PYMNTS

APRIL 20, 2017

million over the course of the next three years to build up a FinTech hub in Charlotte. Is there anything people may find surprising about operating a business there? The infrastructure that the banks have built and the financial talent in the area has created a conducive atmosphere for FinTech companies like AvidXchange.

Charlotte 118

Charlotte North Carolina Community United States 118

PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. The Two Faces Of Consumer Credit. They are becoming homebuyers.”

Millennials 145

Millennials Lending System Data 145