PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . Ant Group was launched in 2014 to provide global financial services. If the IPO moves ahead, one of the sources said it would be one of the world’s biggest listings this year.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

AUGUST 3, 2020

BankMobile, BBVA USA, BMO Harris, The Coastal Community Bank, First Independence Bank (a federally designated minority depository institution) and SEFCU will join Citi and Stanford Federal Credit Union in the offering beginning next year. “We 3) in announcing the bank’s agreement with Google. .

Google 239

Google Digital Banking Pennsylvania FDIC 239

PYMNTS

JUNE 3, 2020

The COVID-19 crisis continues to upend the economy, including even the world of digital banking. As previously reported in this space, the Monetary Authority of Singapore (MAS), the country’s central bank, announced its intention to issue five digital banking licenses last year. That was before the pandemic hit.

Digital Banking 131

Digital Banking Groups Retail Strategy 131

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. What is each player bringing to the race?

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). FinTech venture capital fund Broadhaven Ventures; U.S. and Japanese banks Mizuho Financial Group Inc.,

Fintech 201

Fintech Capital Groups ATM 201

Bank Innovation

JULY 11, 2018

Citizens Financial Group joins the latest band of established FIs in launching its version of a digital-first bank called Citizens Access.

Groups 225

Groups Millennials Digital Banking Operations 225

BankInovation

JULY 8, 2022

YAP, a United Arab Emirates-based digital bank, has raised $41 million in funding, the company announced Monday. The bank plans to complete its series A by yearend. Investors include Saudi Arabia-based Aljazira Capital, Abu Dawood Group, Astra Group and Audacia Capital.

Digital Banking 52

Digital Banking Fintech Capital Groups 52

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 2 When evaluating a fintech partnership, ask how the vendor will help with integration, training, and ongoing success.

Fintech 195

Fintech How To Innovation System 195

PYMNTS

SEPTEMBER 28, 2020

Banks' embrace of FinTech is often driven by consumers' growing demand for a more seamless and unified experience. Increasingly, treasurers are seeking intelligent solutions augmented by artificial intelligence (AI) and machine learning (ML) — and banks are turning outward to meet those needs. HighRadius & Commerce Bank.

Fintech 204

Fintech Tools Groups Management 204

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech.

Fintech 103

Fintech Software Illinois Lending 103

The Paypers

JANUARY 10, 2024

Malaysia-based fintech Boost and its consortium partner RHB Banking Group have gotten approval from Bank Negara Malaysia (BNM) and the Ministry of Finance to operate as a digital bank.

Operations 41

Operations Digital Banking Groups Fintech 41

PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures.

Fintech 198

Fintech US Groups Management 198

PYMNTS

NOVEMBER 25, 2020

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Ukrainian Bank Partners With Swedish FinTech.

National 161

National Fintech US United States 161

PYMNTS

DECEMBER 27, 2019

Specifically, the metamorphic impact of mobile open banking and instant payments has been the first real test of the trust bond that holds CUs together. With the possible exception of FinTechs that stand to gain from customer defections and perhaps some legacy banking competitors, no one is rooting against the CUs.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 214

Fintech Los Angeles Lending Analytics 214

PYMNTS

OCTOBER 8, 2020

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. In addition, Monese adopted Thought Machine’s cloud banking platform. Alacriti Collaborates With The Clearing House on RTP.

Innovation 301

Innovation Technology Fintech Payments 301

PYMNTS

OCTOBER 14, 2020

Head Keith Grose and Innovate Finance CEO Charlotte Crosswell told Karen Webster as part of a recent PYMNTS TV session on London’s FinTech environment, in partnership with London & Partners, the official international trade, investment and promotion agency for London. It was an obvious choice for [Plaid] to be in, honestly,” Grose said.

Fintech 258

Fintech Industry Innovation Charlotte 258

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

MARCH 22, 2018

But even as more consumers use mobile and online banking apps than ever before, they are frustrated by the experience when they log on, and still prefer visiting a bank branch for more involved transactions. . Around the Digital Banking World. Fintech sector as a whole brought in just £1.7

Digital Banking 152

Digital Banking Report Mobile Online 152

Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

Innovation 360

Innovation Big Data blockchain Trends 360

PYMNTS

NOVEMBER 24, 2020

Ukrainian bank UKRSIBBANK, part of BNP Paribas Group, is teaming up with Dreams , a financial wellness FinTech startup based in Sweden. The collaboration will also help UKRSIBBANK stay ahead of the competition and “futureproof its digital banking offering” as challenger banks and FinTechs crowd the personal finance landscape.

Fintech 131

Fintech Millennials Groups Software 131

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. Ebury & Nexi.

Fintech 228

Fintech Data Risk Management Management 228

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). As previously reported, Saudi Arabia has trained sights on FinTech as well, specifically in Riyadh.

Fintech 167

Fintech Guidelines Mobile Training 167

PYMNTS

JUNE 13, 2019

Digital bank Monzo, based in the United Kingdom, is crossing the pond. As noted in the report by Richard Lumb, group chief executive for financial services at Accenture, “For U.K. FinTechs looking to fly the nest, one major contrast will be the complexity of federal- and state-level laws, compared to the U.K.’s

Digital Banking 119

Digital Banking Los Angeles San Francisco US 119

PYMNTS

AUGUST 15, 2019

The eBank joins smaller rival Starling Bank on the lending front, becoming the second online bank in the U.K. Revolut has yet to introduce the service and German group N26 isn’t yet offering loans in the U.K. . As noted in a report by Richard Lumb, group chief executive for financial services at Accenture, “For U.K.

Lending 161

Lending Los Angeles Digital Banking San Francisco 161

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. Matt Gallman, Drummond Community Bank.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

JANUARY 29, 2019

Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. Outside U.S.

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Fintech Cards System Groups 145

PYMNTS

FEBRUARY 17, 2020

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a 100 percent digital bank) that will target Europe and China simultaneously, the company announced in a recent blog post.

Fintech 176

Fintech Capital Regional Digital Banking 176

PYMNTS

NOVEMBER 19, 2019

Ant Financial Services Group might apply for a virtual banking license in Singapore. “We The Monetary Authority of Singapore is offering as many as five digital banking permits to non-banks to boost competition. billion ($1.1 billion) in capital and local control.

Digital Banking 101

Digital Banking Capital Taxes Groups 101

Chris Skinner

JUNE 30, 2016

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

Fintech 292

Fintech Maine Strategy Groups 292

PYMNTS

DECEMBER 1, 2017

Mastercard has announced the list of startup companies chosen to participate in its Mastercard Start Path program, a group the company is calling its “most diverse class” ever. Those partaking in the program, which aims to support later-stage FinTech and technology startups, total 11 firms selected from five countries. 15, 2018.

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Groups Resources Fintech blockchain 147

PYMNTS

DECEMBER 11, 2020

These interactions must give consumers the impression that they are still transacting with the same bank regardless of which channel they have chosen to use, said Eric Schuppenhauer , president of consumer lending and national banking at Citizens Financial Group.

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Groups Mobile Tools Branding 169

BankInovation

FEBRUARY 2, 2022

Apiture announced Tuesday the launch of its cloud-based digital banking platform that consolidates its existing products, Apiture Xpress and Apiture Open, into one solution.

Digital Banking 98

Digital Banking Groups Fintech 98

PYMNTS

DECEMBER 17, 2018

B-Social offers a social finance app and a beta debit Mastercard, which allows its customers to keep a close eye on daily spending and track where money is going, and also creates groups between people to split bills and keep a record of who owes what. The FinTech is aiming for a bigger U.K. launch in February of 2019. “We

Fintech 176

Fintech Groups Lending Financial Technology 176

Payments Source

MARCH 17, 2021

The American Fintech Council and the Financial Technology Association say they’ll promote responsible innovation, fair access to financial services and more. Their dozens of members include some of the biggest names in fintech. ]].

Fintech 64

Fintech Groups Financial Technology Innovation 64

PYMNTS

JUNE 12, 2020

A pair of Indonesia’s FinTechs plan to merge in a bid to challenge Gojek ’s GoPay, sources told Bloomberg. The potential union would unite Ovo , Indonesia’s giant digital payment service that is backed by Singapore’s ride-hailing giant Grab Holdings , along with Dana, Indonesia’s digital wallet platform, an Alibaba Group Holding Ltd.

Fintech 160

Fintech Payments Report Digital Banking 160

PYMNTS

DECEMBER 2, 2019

Norwegian banking group Eika Group has invested in FinTech EedenBull to help its banks with new and innovative payment solutions to serve customers, according to a release. The FinTech is in the process of introducing its payments and spend management programs in over 65 banks all around the Nordic region.

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Groups Payments Cards Fintech 100