Insights on Business

FEBRUARY 19, 2016

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? What should be their strategy for Digital Banking transformation?

Fintech 132

Fintech Video Lending Industry 132

PYMNTS

MAY 10, 2020

California lawmakers have introduced a bill that would attempt to more clearly define how cryptocurrency is meant to be treated, and definitively determine if it is an investment contract. The law is an amendment to a bill filed by Majority Leader Ian Calderon. It would mean assets that have value not contingent on others’ managerial efforts.

Bitcoin 168

Bitcoin Security Marketing cryptocurrency 168

Insights on Business

FEBRUARY 19, 2016

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? What should be their strategy for Digital Banking transformation?

Fintech 93

Fintech Video Lending Industry 93

PYMNTS

OCTOBER 19, 2020

While there’s still a degree of noise and complexity in the process, Disque said collaborations with banks and FinTechs are accelerating and the shift to integrated payments is happening even as the U.S. When it comes to addressing such technical issues, Disque said having flexibility to offer choice definitely improves the value proposition.

Payments 276

Payments Fintech System Cards 276

PYMNTS

FEBRUARY 10, 2020

Digital payments FinTech startup Sezzle announced on Monday (Feb. “One million active users is a huge operational achievement, and a testament to the value our users see in our product. 10) that it topped 1 million active customers. . and Canada and is quickly growing.

Minneapolis 187

Minneapolis social media Retail Payments 187

Insights on Business

FEBRUARY 19, 2016

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? What should be their strategy for Digital Banking transformation?

Fintech 70

Fintech Video Lending Industry 70

Insights on Business

FEBRUARY 19, 2016

What should be their strategy for Digital Banking transformation and what they can learn from FinTech innovation? 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.

Fintech 70

Fintech Innovation Lending Video 70

Bank Innovation

JUNE 28, 2017

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 […].

Operations 268

Operations cryptocurrency Technology Fintech 268

PYMNTS

JANUARY 7, 2020

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. India, of course, has said financial firms cannot provide such services, and China has banned the operation of domestic exchanges. In other words: Blockchain is seemingly in the mix; cryptos are not.

cryptocurrency 132

cryptocurrency Bitcoin blockchain Course 132

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. license in the face of Brexit.

Policies 109

Policies Fintech Big Data Lending 109

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

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

JULY 10, 2020

Cross-border payments, once the exclusive domain of large businesses that had the resources to expand their operations overseas and afford the often-exorbitant costs related to payment processing fees and international shipping, are growing ever more popular among SMBs,” the Tracker states. Also, turns out it’s just smart business strategy.

Payments 142

Payments Strategy Marketing Fintech 142

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

MARCH 4, 2020

FinTech firms like Bottomline have invested in user experience (UX), user interface (UI), usability and, of course, data management. There is added pressure on banks to embrace advanced technology, observed DeLuca, in a competitive landscape that is increasingly populated by FinTechs — although the dynamic is changing there, too.

User Experience 203

User Experience Data Fintech System 203

PYMNTS

SEPTEMBER 4, 2019

B2B2C FinTech company Even Financial announced that it has raised a $25 million strategic round of investment led by Citi Ventures. The round was co-led by MassMutual Ventures, with additional participation from LendingClub.

Comparison 122

Comparison Software Branding Capital 122

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

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

ABA Community Banking

JANUARY 13, 2019

There are definitely pluses and minuses to both the consumer and the banks in terms of safety and credit Consumer Credit Financial Research Feature Financial Trends Risk Management Security Operational Risk Credit Risk Cyberfraud/ID Theft Feature3 Fintech.

Cards 40

Cards Risk Management Trends Fintech 40

PYMNTS

MARCH 6, 2019

“Time and time again we hear from small businesses that access to capital is the biggest obstacle to growth,” Company.com Chief Operating Officer David Kramer said in the announcement. Differing definitions of what a small business is may also be obscuring actual small business loan valuation, the FDIC noted.

FDIC 116

FDIC Lending Capital Analysis 116

PYMNTS

FEBRUARY 29, 2016

is definitely a curiosity,” the executive said of digital payments tools gaining traction within the enterprise. “We The check-based system, it sort of works,” DeLuca said, adding that many SMBs hold an “if it ain’t broke, don’t fix it” mentality about their accounts payable and receivable operations.

Innovation 100

Innovation Fintech Tools Technology 100

BankBazaar

APRIL 13, 2022

National, April 07, 2022: BankBazaar.com , India’s largest fintech co-branded credit card issuer and online platform for free credit score, reported that it is profitable in March 2022. BankBazaar grew operating revenue 48% in FY22 over FY21. BankBazaar Turns Profitable With New Co-Brand Strategy; Exits FY22 With Rs.156

Branding 78

Branding Strategy Cards Fintech 78

PYMNTS

JANUARY 25, 2021

It is definitely getting very cluttered. The company is betting that all kinds of companies — from FinTechs to eCommerce providers to wealth management platforms and iGaming operators — will adopt PayDirect to facilitate account verification, instant account funding, online payments and instant withdrawals.

Online 300

Online Meeting Payments Cards 300

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab.

Compliance 150

Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab.

Compliance 150

Compliance Regulation Innovation Fintech 150

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

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

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

JULY 8, 2019

Financial services is often a learning process for FinTech operators who may come in with a lot more inspiration than knowledge, Meier noted. That means FinTechs need systems that are primed to continuously scan their customer lists against those watchlists, and ensure that any new hits are investigated.

Compliance 202

Compliance Data System Fintech 202

PYMNTS

JULY 25, 2019

Challengers see fraud protection as especially important, particularly as they attempt to ween customers away from legacy FIs and their own nimbler FinTech competitors. is definitely helpful in terms of information sharing and in discovering things as quickly and as in-real-time as possible.”. operations.

Fraud 164

Fraud Marketing US Resources 164

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.

blockchain 127

blockchain Industry Bitcoin Innovation 127

PYMNTS

JANUARY 3, 2020

FinTechs led this charge and fueled much of the innovation. It’s been definitively shown that businesses and individuals will pay reasonable fees or percentages to receive their funds instantly. Between operational savings and new fees on crowd-pleasing new services like instant, the path to instant profitability starts to emerge.

Payments 151

Payments Fraud Fintech Security 151

PYMNTS

JUNE 8, 2020

That’s less than ideal almost by definition – and, in the time of COVID-19, it’s quite a lot less. That’s still the dream, with FinTechs, banks and Big Tech firms all trying to provide “the” solution. Getting money to patients and practitioners instantly has now taken on an urgency that commerce alone couldn’t seem to generate.

System 130

System Payments Study Industry 130

PYMNTS

SEPTEMBER 24, 2020

That’s left many small- to medium-sized businesses (SMBs) cash-strapped and looking to bankers, acquirers, ISOs and FinTech partners for help. . . Cash flow was a little less important a year ago than it is today,” McFarland said. Unfortunately, now it is an acute problem.” . . Making It Through The Crisis . .

Meeting 264

Meeting Payments Customer Experience Technology 264

PYMNTS

FEBRUARY 28, 2020

Credit unions’ emphasis on member relationships is one of the main factors that distinguishes them from large banks and FinTechs. Larger banks and well-funded FinTechs can create dedicated security operation centers staffed by experts, but CUs often do not have the budgets to offer round-the-clock active protection.

Data 131

Data California Security Pennsylvania 131

PYMNTS

NOVEMBER 20, 2019

Otherwise, you are introducing a technology to a process that is broken to begin with and just automating it, so you are not getting the operational efficiencies and the pickup that you could potentially get out of it.”. I would say talent management is definitely top of mind.”. Scotiabank’s Three-Pronged Innovation Strategy.

Fraud 117

Fraud Data Management Analytics 117

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. view and from a global view, the banks are going to come back in full force, including Barclays and others, and then, on top of that, you’re going to have definite presence of Amazon players,” said Mills.

Lending 109

Lending Google Fintech Industry 109