PYMNTS

OCTOBER 9, 2020

In today’s top news in digital-first banking, the government of the Philippines is considering limiting the number of digital banks that run in the country, while Ripple introduced its Line of Credit beta offering. Philippine Government Considers Digital Bank Limits. Ripple Announces Line Of Credit Offering.

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Digital Banking cryptocurrency America Meeting 132

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

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Fintech Lending Community Payments 197

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.

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Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

FEBRUARY 21, 2020

To be the bank, buy the bank. Earlier this week, a FinTech took the leap into the full spectrum of financial services, perhaps paving the way for future mashups. The $185 cash and stock deal would bring an online bank with $1.4 The LendingClub announcement follows the news that mobile bank Varo received approval from U.S.

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Digital Banking Conference Samsung Fintech 224

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

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.

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Fintech Data Risk Management Management 228

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.

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Fintech Tools Groups Management 204

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.

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Fintech Los Angeles Lending Analytics 213

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.

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Fintech Guidelines Mobile Training 167

Bank Innovation

FEBRUARY 19, 2020

Level, a digital banking startup based in San Francisco Calif., The company, which launched its products nationally Wednesday, is coming into the market as fintech startups like Wealthfront, Betterment and Varo are touting high-yield savings accounts to vie for market share. is trying to hook customers with a 2.1%

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San Francisco National Digital Banking Fintech 259

PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

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Fintech Miami National Data 142

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

Bank Innovation

JULY 27, 2018

You might not expect the nation’s leading mobile bank, with north of 31 million users, to be in a hurry to build a digital bank under a new brand, but that’s just what JPMorgan Chase did last October with Finn.

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Fintech National Innovation Digital Banking 170

PYMNTS

JULY 8, 2019

Regulators, particularly in the nations with the largest swaths of unbanked consumers, will say it offers users no easy way to cash in, cash out or reliably spend the Libra currency. The appeal of the banking license is it ensures the fact that they can provide the full spectrum of services,” he said. “But The Wider Future.

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Digital Banking Innovation Cards Lending 176

PYMNTS

APRIL 19, 2017

One of the company’s avatars is called Rachel, which is being prototyped by IBM and can add a human touch to its interaction with banking customers by reading their emotions while relaying basic information, such as account balances, or more aggravating account activity, such as overdraft fees. About the Tracker.

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

Gonzobanker

FEBRUARY 26, 2019

Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. Heck, we weren’t even three weeks into 2019 when Fiserv ’s $22 billion proposed First Data acquisition—one of the biggest fintech deals ever —was announced to the Street. Money talks. It also suggests Fiserv got a great deal.

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Fintech Analytics Lending Case Study 104

PYMNTS

SEPTEMBER 15, 2020

In today’s top news in digital-first banking, Goldman Sachs has launched a personal finance offering for customers of average means, and Franklin Templeton’s Singapore subsidiary has joined forces with Razer Fintech. Plus, First Horizon National Corp. Goldman’s Marcus Adds Personal Finance Management Tools.

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Tools Fintech Tennessee National 131

Bank Innovation

SEPTEMBER 24, 2018

Varo Money has selected the Swiss software provider Temenos as its core for its new digital bank. The challenger bank has already received preliminary approval from the OCC on its application for a national banking charter and will begin the building out the digital bank soon.

Digital Banking 275

Digital Banking Software National Innovation 275

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2

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Fintech FDIC Capital Community Bank 109

PYMNTS

MARCH 1, 2020

Neobank Niyo has partnered with the National Payments Corp. This strategic partnership will facilitate workers in this segment with a bank account and empowering them [with] digital banking [solutions] as well as financial security.

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Fintech ATM National Maine 130

PYMNTS

NOVEMBER 1, 2020

number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a

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Bitcoin cryptocurrency Fintech US 212

PYMNTS

OCTOBER 29, 2020

With more and more FinTechs introducing their own banking services, the competition is heating up. Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, the U.S.

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US Fintech Tennessee Compliance 203

PYMNTS

JULY 2, 2019

In South Korea, Woori Bank said this past week that it has debuted an online platform geared toward FinTech startup entrepreneurs and engineers who develop digital services, according to The Korea Times. These FinTech service offerings can span money transfers and cross-border transactions through the WiBee Bank platform.

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Fintech Innovation Resources Cards 134

Jack Henry

APRIL 18, 2024

As we celebrate National Diversity Awareness Month, I want to talk about the positive impact leaders can have on DEIB within their organizations. Diversity, equity, inclusion, and belonging (DEIB) are more than just buzzwords ; they are essential components of a successful and sustainable business.

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Strategy National Digital Banking Innovation 158

PYMNTS

JULY 24, 2020

As a CU for the United Nations community, however, United Nations Federal Credit Union (UNFCU) holds a unique, global perspective into the role that these financial institutions (FIs) can play to support payments innovation on multiple fronts. . As the U.S.

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Innovation Payments Leadership National 201

PYMNTS

APRIL 10, 2019

With more consumers than ever interested in fulfilling all their financial needs on mobile, both legacy banks and FinTech firms are focusing on creating digital-only banking services, designed to catch and keep customers using their smartphones to bank. Around the Digital Banking World.

Mobile 185

Mobile Digital Banking social media Strategy 185

PYMNTS

FEBRUARY 21, 2018

In the February edition of the Digital Banking Tracker , a Feedzai Collaboration, PYMNTS explores the latest developments surrounding AI and machine learning in the financial services space. Around the Digital Banking world. Can AI help consumers become smarter spenders? Several industry players seem to think so.

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Digital Banking Fintech Software Operations 163

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. ”

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Capital Fintech Kansas United States 122

PYMNTS

JANUARY 13, 2021

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. Since then, PSCU has migrated from being a transaction processing service reseller to a FinTech provider helping credit unions (CUs) and their members. and PT Danadipa Artha Indonesia. billion transactions annually.

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Digital Banking ATM Capital Regional 141

CB Insights

JUNE 30, 2021

Philippines-based PayMaya, which is owned by Voyager Innovations, offers a slew of fintech services, such as a digital wallet, bill payments, and bank transfers. Its customers can pay, add, cash out, and remit money at any of its 250,000 digital touchpoints across the nation. HOW’S THE COMPANY PERFORMING?

Digital Banking 51

Digital Banking Company National Innovation 51

PYMNTS

SEPTEMBER 3, 2019

PayPal, Augmentum Fintech, International Airlines Group and Investec’s INVC Fund also participated in the round. With this in mind, we’re excited to be enhancing our smart, simple banking experience with integrated payment solutions like Apple Pay.”. The company said it has more than 1.4 as well as France.

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Fintech Apple National Mobile 129

Bank Innovation

MAY 30, 2018

Citigroup has a digital-heavy, branch-light business approach that extends beyond its National Digital Bank platform (announced in March and currently in testing phase), according to Stephen Bird, CEO of Citi’s Global Consumer Banking.

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Strategy National Digital Banking America 249

PYMNTS

NOVEMBER 30, 2020

The new API was developed by banks and non-bank financial institutions — Citi Singapore, Deutsche Bank AG Singapore, Standard Chartered Singapore, Grab Financial Group, Liquid Group, Razer FinTech and Singtel Dash. . Non-banks Grab and Razer are in the running for a digital bank license in Singapore.

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Payments Digital Banking Groups Cards 170

Gonzobanker

MARCH 28, 2024

Banks and credit unions are maturing their internal digital support capabilities. While very few are developing digital applications from the ground up, efforts are being made to better configure, customize and integrate digital platforms more at fintech speed. Choosing a new partner is no small feat.

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Digital Banking Customer Experience Strategy Exercises 148

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. Small Business Banking. According to reports, Cellulant’s funding is the largest for an Africa-only FinTech. Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below.

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Fintech blockchain Analytics Capital 134

The Financial Brand

AUGUST 3, 2020

The upstart challenger bank becomes the first to get OCC approval. Banking experts and Varo's CEO explain the potential impact. The post Varo Disrupts Status Quo as First Fintech with National Banking Charter appeared first on The Financial Brand.

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National Fintech Branding Customer Experience 28

PYMNTS

DECEMBER 18, 2018

Virtual bank Radius Bank — which services small businesses (SMBs), micro-firms and consumers — is rolling out a revamped digital banking platform and a mobile banking app, the company said on Monday (Dec. The platforms have added new digital solutions for financial budgeting and tracking as well.

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Mobile User Experience Digital Banking Fintech 122