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

JULY 24, 2020

It’s a model based on the concept of collaboration and cooperation, two ideals that have become instrumental in the financial services arena’s payments innovation efforts. ” That global reach also had the CU prioritizing global payments innovation from the get-go. As the U.S. As the U.S.

Innovation 201

Innovation Payments Leadership National 201

PYMNTS

APRIL 24, 2019

It’s through these channels that most members will engage with their CUs to conduct their digital banking business. However, that’s sometimes easier said than done, as different generations of members have different priorities when it comes to their CUs’ digital banking and mobile app features. In addition, 78.8

Innovation 134

Innovation Millennials Digital Banking Mobile 134

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

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

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

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. 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. Digital Unison.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

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

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

JULY 1, 2019

Smaller banks and credit unions enjoy a reputation of offering more personalized services than large financial institutions (FIs). When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. percent) and large banks (23.8 percent in 2017.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

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

SEPTEMBER 3, 2018

The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments, online and mobile commerce, and related areas. The agreement … sets out a process to share and use information on innovation in their respective markets.”. According to U.K.-based

Fintech 111

Fintech Trends Innovation Groups 111

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.

Groups 147

Groups Resources Fintech blockchain 147

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.

Fintech 145

Fintech Cards System Groups 145

American Banker

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 70

Fintech Groups Financial Technology Innovation 70

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.

Groups 100

Groups Payments Cards Fintech 100

PYMNTS

JANUARY 15, 2020

Brazil’s unicorn FinTech and payments startup EBANX is trialing a digital wallet, called Ebanx Go, with 10,000 consumers on a test basis, the company announced on Wednesday (Jan. The digital wallet offering is intended to solidify the FinTech’s reach in the Brazilian payments market.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

FEBRUARY 26, 2020

In the February Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including new co llaborations between CUs and FinTech firms, initiatives to appeal to Generation Z and how CUs are working to protect against the ongoing threat of data breaches. million CU members. Developments From Around The World Of Credit Unions.

Nevada 192

Nevada Security Innovation Data 192

American Banker

JANUARY 4, 2017

Wells Fargo's innovation group has appointed Peggy Mangot for the newly created position of senior vice president of its design and delivery leadership team.

Groups 70

Groups Innovation Leadership Fintech 70

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 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

Insights on Business

FEBRUARY 13, 2019

Banks continue their digital transformation journey to create new business models to satisfy today’s demanding customers. How do banks prepare for this new reality? For Bradesco, a large Brazilian bank, NEXT is the answer. Next is a digital bank, completely disassociated from the Bradesco brand.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

FEBRUARY 2, 2021

There is more than one way to embrace collaboration in today's business banking environment. City National Bank, Extend Pair On Virtual Cards. To launch its new virtual commercial card offering, City National Bank is working with FinTech Extend, the companies recently revealed. based Token, an open banking platform.

Fintech 142

Fintech Miami National Data 142

PYMNTS

SEPTEMBER 4, 2019

The Asian Development Bank’ s striking statistic — a $1.5 trillion gap in global trade finance — continues to be used as a driver of FinTech innovation as technology startups look for ways to address friction in global trade financing. Standard Chartered And Traydstream. 3) a partnership with Traydstream. ADCB And dltledgers.

Fintech 143

Fintech blockchain Capital Innovation 143

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. Digital Banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Bobsguide

FEBRUARY 22, 2022

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. The bank was looking for a modern, digital banking solution that would help it transform customer engagement through the delivery of contextual experiences.

Innovation 78

Innovation Customer Experience Strategy Operations 78

Bank Innovation

MARCH 28, 2016

Last week we looked at a group of fintech companies spanning the world with a suite of Series B rounds. Feeling out of place? The five startups below may have the frontier know-how you need. This week the common denominator lies in the oddball assistance needed by entrepreneurs, businesses, and investors Read More.

Fintech 150

Fintech Capital Groups Company 150

Chris Skinner

MAY 12, 2017

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Civilization has progressed enough that many of us know it’s wrong to demonize a group of people due to a personal characteristic, as it isn’t based on evidence or reason, and it simply shows base prejudice. Innovating The ATM Beyond Cash.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm. ”

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

JANUARY 7, 2021

In an environment in which connecting small- to medium-sized businesses (SMBs) to vital financial services and products is more imperative than ever, the world of SMB banking and FinTech is fostering an ecosystem of collaboration to expand availability. Orange Bank Acquires Anytime.

Strategy 196

Strategy Fintech California Community 196

Gonzobanker

FEBRUARY 26, 2019

Luckily for the banks, there are many more of the latter than the former.” – Bank Innovation. Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. So here’s the follow-the-money skinny on recent fintech deals—and what it says about what’s likely to come next.

Fintech 104

Fintech Analytics Lending Case Study 104

PYMNTS

OCTOBER 1, 2018

Regulators have allocated 10 percent of the funds for FinTech firms, but according to Tide, that’s not enough. Expanding the package’s eligibility will make the most of the once-in-a-lifetime opportunity to shake up [small business] banking by introducing real competition,” said Tide CEO Oliver Prill in a statement.

Fintech 161

Fintech Regulation Report Groups 161

PYMNTS

FEBRUARY 18, 2020

Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard , i2c announced on Tuesday (Feb. The SmartHealth PayCard will be distributed through corporate employee group programs, healthcare providers, insurers and other organizations.

Cards 175

Cards Digital Banking Fintech Mobile 175

PYMNTS

JANUARY 31, 2019

The new Digital Banking Tracker highlights how banks are adopting new approaches to protect their customers and clients from nefarious actors. News From The Digital Banking Landscape. Fighting fraud is often a group effort, as can be seen in several global markets. About The Digital Banking Tracker.

System 197

System Fraud Digital Banking Groups 197

PYMNTS

JUNE 16, 2020

bank Monzo , fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation that is 40 percent lower than its valuation last year. Monzo’s drop in value comes on the heels of layoffs earlier this month , with the five-year-old digital bank cutting as many as 120 jobs in the U.K.

Capital 236

Capital Analysis Digital Banking Report 236