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.

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PYMNTS

NOVEMBER 22, 2016

And while that trend is universal, the Asia-Pacific region is a particular hotbed for mobile FinTech. Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too.

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CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Track the LatAm fintech companies in this brief and many more on our platform. Track LatAm fintech companies. LatAm Fintech. Startupbootcamp FinTech.

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Celent Banking

APRIL 25, 2016

Threat of fintechs is also a reality. Over 80 fintechs in Brazil and 60 in Colombia are a good sense that the industry is already being challenged beyond incumbents. Banco Original is the 3rd step in this digital only bank strategy in the region, becoming the 1st universal digital only bank in Latin America.

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Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. But it is definitely time to make a strategic decision and move forward with a plan. As this article points out, a core system replacement may not be in the cards for every institution.

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Insights on Business

JULY 20, 2017

I wasn’t particularly inspired by the Wikipedia definition , so I’ll give you mine. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. Other banks in the region tried to build alternative solutions. The fintech hub.

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PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months.

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Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Community banks, regional players, and credit unions are all in the fight of their lifetime with the need to transform their business. Tech companies trying to support a bank stack have no easy task.

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Gonzobanker

JUNE 11, 2018

But what’s concerning me more than the gulf between big banks’ and community/regional banks’ digital adoption is the growing disconnect between bank strategy and digital strategy in community and regional banks. If 2016’s conference was the “mobile” conference, 2018 was most definitely the “voice” conference. Ok, enough soapbox.

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PYMNTS

JANUARY 9, 2020

Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. Recent findings have shown that 76.7 percent of credit card transactions are now conducted via EMV cards, though such transactions are not evenly distributed. EMV Cards Face Verification Hurdles.

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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. The banks have to understand what questions to ask of their clients.

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PYMNTS

MAY 5, 2016

Anxiety is a strong word, but it’s definitely on the lips,” said Kristina Söderberg, investment manager at SEB AB, one of Sweden’s largest banks. The region has become a hotbed of financial tech companies, aided by a high concentration in computer and telecoms engineers and a growing disaffection for cash transactions.

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Independent Banker

APRIL 30, 2022

If your definition of a top performer is based on ROA, then the two primary reasons for our level of performance is our leverage and LTD (loan to deposit) ratios. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Philip Pecora, president and CEO Genesee Regional Bank.

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CB Insights

OCTOBER 4, 2022

CB Insights has unveiled the winners of the fifth annual Fintech 250 — a list of the 250 most promising private fintech companies worldwide. . GET the list of 2022 fintech 250 companies. Get an Excel file with the entire Fintech 250, CB Insights’ annual ranking of the 250 most promising fintech startups in the world.

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Fintech Company cryptocurrency Marketing 101

PYMNTS

AUGUST 10, 2017

For example, we were the first in the Middle East region in 2006 to close the loop by sending back a text alert to the remitter that the beneficiary had collected the money. The emergence of FinTech operators has definitely thrown a fair amount of challenge to players like us. FinTech operators are very nimble.

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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).

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PYMNTS

APRIL 26, 2018

Yet, he added, discussions with IdentityMind’s own client base lean toward the smaller FinTech-based companies, where there has been less awareness and less reaching out for assistance for gearing up for GDPR than he might have expected. Sherlock offered an example where IdentityMind, under GDPR’s definitions, acts as a data processor.

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PYMNTS

FEBRUARY 8, 2018

Of the entire Asia-Pacific (APAC) region, Chinese companies are the least likely to sell to B2B corporate customers on credit terms, and the nation also has the region’s highest percentage of late B2B payments, with 96 percent of survey respondents reported having been paid late by foreign B2B customers.

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Tefkin

JANUARY 5, 2016

Financial services being multi parties by definition, they are a prime market for decentralized trusted software but the use cases go well beyond pure transactional financial services and the coming year will see an increased such projects.

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PYMNTS

APRIL 20, 2017

million over the course of the next three years to build up a FinTech hub in Charlotte. The infrastructure that the banks have built and the financial talent in the area has created a conducive atmosphere for FinTech companies like AvidXchange. PYMNTS: What is Charlotte’s FinTech sector like?

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Insights on Business

JUNE 28, 2018

Under PSD2, a fundamental piece of payments-related legislation in Europe, digital disruption will accelerate and contribute to the re-shaping of the retail banking industry across the region. Through this initiative, we are already seeing the start of more a more competitive, collaborative and innovative banking industry.

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PYMNTS

JULY 7, 2016

The co-founder of the FinTech firm Kabbage did something unusual when he found himself with a box full of broken bathroom tiles that were about to put him off schedule by three days. And Roadie accepts a pretty expansive definition of “stuff.” But Roadie Founder Marc Gorlin is not the average person.

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PYMNTS

SEPTEMBER 22, 2017

Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. The European Union is also gearing up to promote new, continent-wide mandates that would promote FinTech growth and investments, especially post-Brexit.

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PYMNTS

OCTOBER 17, 2017

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. London will maintain its FinTech influence if this landscape does not change,” said Early Metrics CEO Antoine Baschiera in a statement. FinTech startups in the first half of 2017 alone.

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PYMNTS

APRIL 10, 2017

So when large financial conglomerates ramp up operations in a single region, like Mastercard has recently done across Asia-Pacific (APAC), their approach will probably look a bit different than it would in another part of the world. “I definitely think they want to [adequately meet SMEs’ needs],” he said.

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Fintech Regional Technology Marketing 101

BankBazaar

FEBRUARY 17, 2020

These are a part of the Indian DNA and these traits cut across regions and States. There you need to appeal to the sensibilities of different regions, beliefs and ethos. When you look at Fintech, the biggest play is in the information gathering stage where the people are doing their research. Explore BankBazaar.

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NCR

AUGUST 18, 2017

A study by Business Insider Intelligence found that the most common reasons that financial services firms in the EMEA region are investing in blockchain is to create new business models or launch startups. FinTech Network observed this challenge is one of the inherent difficulties of the technology.

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PYMNTS

OCTOBER 20, 2020

Banks, they said, must give corporate clients the tools they need to modernize and thrive – but in many cases, must also forge partnerships with tech-savvy FinTechs to create digital roadmaps for 21 st -century buyer/supplier relationships. Trusted Partnerships – FinTechs And Marketplaces. So the motivation is definitely there.”.

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Tomorrow's Transactions

JUNE 24, 2016

When it comes to identity, there’s definitely something odd about America. Now, I don’t want to get into the madness of KYC/AML here as that’s not the point I want to make, although I will flag up the fact that America has something in the region of a hundred million unbanked people. Buying an assault rifle is easy.

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PYMNTS

JANUARY 31, 2019

The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking. Reports in FinTech Futures on Wednesday (Jan. have emerged to do. .” have emerged to do. We urge you to make such legislation a priority.”.

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PYMNTS

FEBRUARY 22, 2019

Things aren’t so straightforward for those who create those innovations — which, as NovoPayment CEO Anabel Pérez told Karen Webster in a recent conversation, is a challenge for many banks in the Latin America (LATAM) region to fully grasp. Beauty In Banking Is More Than Skin-Deep. Delving Deeper .

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CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech.

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PYMNTS

SEPTEMBER 28, 2016

The FinTech sector is merging, and innovative uses of the existing tools or mechanisms offer new perspectives. Looking at the “Uberization” of the payments world, we know that the FinTech segment is not in that mode yet; we can’t really use an idea from a customer and transform it into a completely new, innovative product.

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PYMNTS

APRIL 5, 2017

billion in fund flows was logged, with the top three transactions coming from the FinTech sector. In the largest deal of the week, Lone Star Funds acquired Novo Banco for a bit more than $1 billion and making Europe the region from where the bulk of the money flowed in deal making. For that period, $2.3

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FICO

APRIL 20, 2021

Advanced Open Banking standards and a collaborative approach to financial services provision have also allowed for rapid integration of fintech across the nation. A significant minority say their identity has ‘definitely or probably’ been used by a criminal to fraudulently open at least one account - on average, 14% say this.

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PYMNTS

NOVEMBER 14, 2017

With Europe just weeks away from PSD2 coming into effect, banks across the region are gearing up to get on-board with one of the regulation’s main objectives: to promote open banking and stir up competition and innovation in the financial services market. the banks weren’t having it.

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CB Insights

OCTOBER 31, 2019

Today, the bots are still being used across industries like fintech, healthcare, sales and CRM, retail, and even law — and they’re having important, though quiet, effects. Fintech: Contract review & bill negotiation. Fintech: Contract review & bill negotiation. Table of Contents. Get the full report.

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