PYMNTS

JANUARY 25, 2021

In today’s top digital-first banking news, German neobank N26 has hired a new chief financial officer (CFO) as it eyes a future initial public offering (IPO), while FinTech app Goalsetter has raised $3.9 Goalsetter, the financial technology upstart, has landed $3.9 Reports Say Grab Will Tap Morgan Stanley, J.P.

Phoenix 187

Phoenix Financial Technology Fintech Report 187

PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. the San Francisco-based online bank, had the last laugh. Varo is the first consumer FinTech to receive a new national bank charter from the U.S.

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

DECEMBER 4, 2019

digital bank Starling Bank , to help it launch its European expansion. I really see the world of crypto and digital exchanges being at that pivotal point,” he said. “If Phemex has been in the beta testing phase for several weeks, and started trading on Nov. These things will just take time.”.

Bitcoin 131

Bitcoin blockchain New York cryptocurrency 131

PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. Plus, Indonesia is planning to implement flat-rate fees for certain digital wallet transactions.

Fintech 133

Fintech Payments Digital Banking America 133

CB Insights

AUGUST 17, 2021

Chime , a digital banking platform, has raised $750M in a Series G. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. HOW’S THE COMPANY PERFORMING? Want the full post?

Capital 78

Capital Operations California Regional 78

PYMNTS

JANUARY 21, 2020

Qonto , a French startup Neobank that caters to B2B clients, has raised $115 million in a Series C funding round led by DST Global and Tencent, according to a report. In 2018, Qonto was awarded a payment institution license, developing its own banking apparatus from there. Qonto launched its corporate digital banking solution in 2017.

Capital 131

Capital Digital Banking Compliance Mobile 131

PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). The sandbox, Reuters reported, has four phases. FinTech Efforts In Africa.

Fintech 167

Fintech Guidelines Mobile Training 167

PYMNTS

SEPTEMBER 18, 2020

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

Los Angeles 231

Los Angeles UX Cards FDIC 231

PYMNTS

FEBRUARY 14, 2020

STC Pay, a digital wallet that is part of the Saudi Telecom Company, has teamed up with payments company Moven Enterprise to launch a new challenger bank in the country, according to reports. STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency.

Regional 222

Regional Google Financial Technology Capital 222

PYMNTS

DECEMBER 17, 2018

A financial technology company called B-Social has raised £3.2 million ($4 million) in funding from undisclosed but high net-worth entities, according to reports.

Fintech 176

Fintech Groups Lending Financial Technology 176

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. Challenges and Solutions.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

MARCH 2, 2020

Cambridge & Counties made the decision after its existing business savings platform became obsolete,” the report states. China does things in a big way, and digital-first banking is no different. The report says Chinese FIs are expected to spend “… up to 220 billion yuan ($31.6

ATM 191

ATM Millennials Retail Video 191

PYMNTS

SEPTEMBER 18, 2020

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

Los Angeles 140

Los Angeles UX Cards FDIC 140

Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

Management 113

Management Payments Innovation Technology 113

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We A survey by EHI Retail Institute showed that last year, card payments made up 48.6 percent.

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

Accenture

APRIL 4, 2017

Storm clouds are gathering over the banking industry in the form of a fragmenting value chain, rapid migration to digital channels, encroaching financial technology firms, and open banking regulations. Read the report.

Technology 157

Technology Trends Survey Customer Experience 157

William Mills

JULY 18, 2017

Many years ago, a friend asked me why I wanted our firm to specialize in the financial and financial technology industries. I said, “George, as long as people use money, financial institutions will always be around, and they are going to need the best technology to serve their customers.”.

Fintech 60

Fintech Industry Financial Technology Technology 60

PYMNTS

MAY 5, 2020

The United States lacks this type of central directive, but many banks are exploring APIs of their own initiative. More than half view it as a core part of their future digital goals, and 77 percent report having invested in them in 2019.

Payments 200

Payments United States Software Cards 200

Fintech Labs Insights

FEBRUARY 9, 2024

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. We’ll also link to important demos, podcasts and YouTube videos.

Trends 15

Trends Fintech Apple Cards 15

PYMNTS

DECEMBER 12, 2016

“The real-time nature encourages customers to change their behavior toward their financial goals,” Rizwan Khalfan, chief digital officer at TD Bank, told Reuters in his first interview about customers using the app. “We were not expecting this.” ” About 750,000, or 20 percent, of TD’s 3.5

Financial Technology 100

Financial Technology System Mobile Security 100

Jack Henry

AUGUST 13, 2014

But there is a bigger fish out there that both the community banks, credit unions, and big FIs should be worried about. An article by Lingjiao Mo on the Medill Report stated “Silicon Valley’s tech titans are waging a war against traditional Wall Street bankers.” It is interesting, to say the very least.

Google 108

Google Apple Mobile Community Bank 108

Banking 2020

DECEMBER 3, 2015

Financial services organisations in China are expected to shine a light for the rest of the world when it comes to innovation in the banking sector in the coming years, with the primary drivers being non-traditional companies that are looking to develop new payment solutions and platforms. A transformed environment.

Innovation 40

Innovation Payments Lending Financial Technology 40

William Mills

DECEMBER 1, 2016

William Mills Agency , a premier financial public relations and content marketing services company, has hired Mary Curtis as senior account agent; Angelo Jones as account associate; Jacob Hamilton as account coordinator; and Alyssa Maker as digital marketing coordinator.

St. Louis 40

St. Louis Georgia social media Missouri 40

CB Insights

NOVEMBER 21, 2019

GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. Download the CB Insights and PwC Canada MoneyTree report to see all the data. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Digital banking and financial infrastructure.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

JULY 24, 2020

London startup mobile bank Revolut Ltd. The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

JUNE 25, 2020

the British financial technology company headquartered in London, has added American Express to its open banking platform. Before this addition, Revolut shoppers could access American Express balances and transactions only through Amex’s online banking service or app. Revolut Ltd.,

Fintech 309

Fintech Financial Technology Software Company 309

William Mills

SEPTEMBER 25, 2018

Showing reporting/analytics in excel. ^KT Uses video to capture a bank statement via AI processing to improve results. This is a digital bank based in Russia and today they are demoing their mobile banking offering. Takes a picture of documents and can get 99% accuracy in the data. Tweet #Finovate.

Mobile 78

Mobile Customer Experience Lending Analytics 78

Tech and Finance

JUNE 14, 2018

I publish occasionally at the Articulate Communications blog on issues of financial technology, banking and associated public relations and marketing topics. In the past I have written about design thinking, how to avoid bank PR-speak and whether banking and innovation belong in the same sentence.

Survey 28

Survey Millennials Fraud Mobile 28

Independent Banker

OCTOBER 29, 2014

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. However, could the adoption of handheld banking in the real world—as opposed to the anticipatory but still theoretical projections by systems designers and technology pundits—be leveling off?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

JANUARY 2, 2017

DIGITAL BANKING TRACKER. The Digital Banking Tracker looks at how old ways of banking are evolving with the advent of faster technology that allows customers to get real-time updates on their accounts, share money with ease among contacts and even open accounts with a selfie.

Retail 123

Retail Millennials blockchain Mobile 123

PYMNTS

NOVEMBER 20, 2019

Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. Westpac reported the breaches to AUSTRAC and shuttered the service that allowed customers and affiliate overseas banks to process payments from Australia.

System 123

System Analysis Compliance Regulation 123

PYMNTS

JANUARY 19, 2021

In today’s top news in digital-first banking, LendingClub said it has attained all of the regulatory approvals to close its $185 million acquisition of Radius Bancorp, while Euro area banks have reportedly scaled back lending to safeguard against risk. Plus, Plaid plans to focus on growth in Europe.

Lending 187

Lending California Financial Technology Report 187

Fintech Labs Insights

JUNE 6, 2016

Digital bank. Expense report automation . Bridge Financial Technology. Back-office platform for financial advisors . Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Source: FT Partners. Latest round: $3.4 million Equity Crowdfunding ($95 million valuation).

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

JULY 22, 2015

Time will tell whether these valuation bets are temporary insanity from private investors or the beginning of a long cycle of re-imagining financial services. Please note: Our list includes financial technology companies (either direct services or software) founded since 2000 and valued at $900 million or more. Credit reports.

Fintech 12

Fintech Lending Bitcoin Software 12

Lex Sokolin

MAY 25, 2020

There are, all of a sudden, a lot of deals being done across financial technology. Remember how Morgan Stanley bought eTrade to compete with Bank of America Merrill Lynch and is Merrill Edge brokerage platform? For the rest of this article and conclusions about Wells Fargo and digital banking, keep reading it here.

Strategy 52

Strategy Fintech Capital Case Study 52

FICO

JANUARY 19, 2018

Consumers Demand Personalized Digital Engagement from Banks, In Real Time, On Any Channel. The financial and retail sectors both have emerging competitors who are more technologically sophisticated than the incumbents. 3 Imperatives for Financial Institutions Making a Digital Transformation.

Analytics 45

Analytics Millennials Retail Data 45