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. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

APRIL 24, 2020

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. however, funding for FinTechs actually increased to $3.7 B2B FinTech investments appear to be relatively strong, too. As an FDIC insured bank in the U.S.,

Fintech 193

Fintech Capital Security FDIC 193

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

Chris Skinner

JULY 27, 2016

After the books Digital Bank and ValueWeb were translated into Korean, Chinese and soon to be Japanese, I guess the region is interested in my thinking. Or … The post The Rise of #Fintech Asia appeared first on Chris Skinner's blog.

Fintech 150

Fintech Conference Regional Digital Banking 150

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

MAY 6, 2019

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. NorthOne , a FinTech firm that focuses on small business owners, is one of the companies that call the city home. Funding rounds and exits have followed suit.”

Innovation 192

Innovation Fintech San Francisco New York 192

PYMNTS

AUGUST 16, 2018

Belgium, which is home to many European Union (EU) institutions, is also a burgeoning FinTech hub. The country has the fifth-highest number of FinTech deals in Europe, according to an analysis from Belgium-based European FinTech platform B-Hive. ” FinTech firm recovr is among the startups based in Belgium.

Fintech 218

Fintech Marketing Innovation Analytics 218

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.

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Fintech Capital Regional Digital Banking 176

PYMNTS

NOVEMBER 27, 2019

That can hold especially true in wealthy countries, such as the United Arab Emirates (UAE), as discussed in a new PYMNTS interview with Evans Munyuki, chief digital officer of Emirates NBD , a UAE banking group. It will have a mobile app, and provide different services necessary to carry out banking needs. New Venture.

Fintech 167

Fintech Regional Regulation ATM 167

PYMNTS

JULY 31, 2019

And that’s where we come to FinTech. As PYMNTS readers know, the role and appeal of FinTech is increasing significantly as consumer demands rapidly change, and technology and regulatory efforts encourage further innovation in digital payments and global transactions. FinTech Partnerships. Whole Ecosystem. “If

Fintech 192

Fintech Innovation US Payments 192

The Paypers

APRIL 16, 2024

UAE-based digital infrastructure fintech Fils has partnered with digital banking solutions company Aion to drive ESG initiatives in the MENA region.

Regional 41

Regional Digital Banking Fintech Company 41

PYMNTS

FEBRUARY 4, 2020

Banking as a service (BaaS) startup Bankable is partnering with Visa to accelerate digital banking solutions, Bankable announced on Tuesday (Feb. clients access to Bankable’s real-time digital banking solutions and faster payments. The strategic collaboration will provide Visa’s U.S.

New York 132

New York Regional Digital Banking Fintech 132

PYMNTS

JANUARY 14, 2021

Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. In addition, the Grab-Singtel consortium was selected by the Monetary Authority of Singapore to set up a full digital bank, according to the release.

Groups 204

Groups Regional Fintech Management 204

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

PYMNTS

AUGUST 21, 2019

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world. This is driving legacy banks to take a closer look at their own products and strategies, with many rising to the challenge. Around the Digital Banking World. About the Tracker.

Trends 194

Trends Digital Banking Innovation Regional 194

PYMNTS

NOVEMBER 9, 2020

Digital banking was a key driver for Bottomline Technologies during the quarter, too, CEO Rob Eberle said during the firm's earnings call , also on Thursday. According to Eberle, bank-FinTech collaboration has become an important factor for traditional financial institutions.

Innovation 255

Innovation Fintech Payments Mobile 255

CB Insights

MAY 5, 2022

Open , a digital bank, has raised $50M in a Series D. q1 2022 brought a -18% decline in quarterly fintech funding. .</p> q1 2022 brought a -18% decline in quarterly fintech funding. .</p> q1 2022 brought a -18% decline in quarterly fintech funding. Download the report to learn more.</p>

Digital Banking 60

Digital Banking Regional Fintech Data 60

The Paypers

JULY 6, 2020

Cloud-based payment processor Paymentology has announced the expansion of its Middle East operation to meet the projected growth of digital banking in the region.

Digital Banking 50

Digital Banking Regional Fintech Meeting 50

PYMNTS

JANUARY 29, 2021

Plaid’s Deposit Switch Streamlines Digital Bank Account Funding. The FinTech says Deposit Switch comes with immediate and backup processes for consumers who are implementing recurring account funding. But debit remained strong, contactless transactions gained traction and Visa Direct volumes surged.

Digital Banking 132

Digital Banking Payments Mobile Branding 132

PYMNTS

OCTOBER 28, 2019

Many of them are technical in nature, as firms — especially FinTech firms and traditional financial institutions (FIs) that want to bring digital payments to new markets — must navigate new relationships with multiple payment processors on a market-by-market basis to gain that acceptance. This region, home to more than 4.3

Fintech 118

Fintech Regional Cards Marketing 118

CB Insights

MAY 9, 2022

Neo Financial , a Canadian digital bank, has raised $145M in a Series C. q1 2022 brought a -18% decline in quarterly fintech funding. .</p> q1 2022 brought a -18% decline in quarterly fintech funding. .</p> q1 2022 brought a -18% decline in quarterly fintech funding. hbspt.forms.create({.

Digital Banking 68

Digital Banking Regional Fintech Data 68

BankInovation

FEBRUARY 9, 2022

Jack Henry is revamping digital banking strategy for its core business in a move to provide local and regional banking clients with a fintech-enabled open banking ecosystem.

Strategy 98

Strategy Missouri System Regional 98

PYMNTS

JANUARY 22, 2020

Grab , Razer , AirAsia , Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. Some are in discussions with consultants for guidance as they ponder a move into digital banking, according to the sources, who are familiar with the matter.

Digital Banking 136

Digital Banking Regional Capital Study 136

PYMNTS

JANUARY 31, 2020

Some companies have been able to adjust quicker than others, leading to the first-ever fines issued and collected for breach of GPDR within the region. However, the most intriguing development in the Open Banking world is not the impact of these two regulations inside of Europe, but outside of it.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

JULY 22, 2020

In the July Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the long-lasting effects brought on by the pandemic, the shifting attitudes surrounding ATM use, and how the digital banking development field is reaping dividends from the financial industry’s sea change.

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

JANUARY 21, 2021

Insurance provider Chubb has rolled out a new insurance partnership with digital banking services FinTech Revolut , according to a press release. We are looking forward to working with the Revolut team to deliver valuable insurance solutions to their customers.”.

Regional 280

Regional Digital Banking Regulation Fintech 280

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

NOVEMBER 2, 2020

After all, what counts as a bank or not is a little bit different in India than it is in the United States, he said. Agashe said the 50,000 very small community banks and credit unions (CUs) spread throughout India’s rural regions don’t count as “banks” in the official tally.

Fintech 210

Fintech ATM Community Bank Cards 210

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. Tennessee-based regional financial services company First Horizon National Corp.

Tools 131

Tools Fintech Tennessee National 131

PYMNTS

SEPTEMBER 28, 2020

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Online 151

Online Report Payments Regulation 151

PYMNTS

JUNE 15, 2020

B2B FinTechs continue to step up to introduce new solutions for their customers with an eye on helping business owners survive this market crisis and persevere into the future. There are unique challenges for SMBs operating in Belgium and the broader EU that banking solution providers should consider, said Czuba. .” ”

Regional 245

Regional Operations Fintech Tools 245

Bank Innovation

MAY 29, 2019

Fintech startup Plaid Inc. a region it believes could eventually match the U.S. Founded in 2012, San Francisco-based Plaid helps customers and banks transmit data back and forth. is expanding its footprint into the U.K., in terms of revenue, despite political uncertainty.

San Francisco 199

San Francisco Regional Fintech Data 199

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

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.

Digital Banking 141

Digital Banking ATM Capital Regional 141

PYMNTS

OCTOBER 19, 2020

GPS's technology helps brands by allowing them to provide customized experiences put squarely in the cardholders' hands, the release says, having previously supported FinTechs, digital banks, and eWallets on their various journeys. Last year, GPS partnered with the U.K.

Study 174

Study Innovation Fintech Customer Experience 174

PYMNTS

JUNE 28, 2018

Coverage includes Oracle ’s decision to bring its FinTech Innovation Program to Brussels. It is not a surprise, that such an active market is attractive for our banking technologies company,” said BS/2 Georgia CEO Andrei Smirnov in an announcement. Welcome to The Axis, your late look at payments news from around the world.

blockchain 109

blockchain Georgia Fintech Innovation 109

Celent Banking

APRIL 25, 2016

In a recent Celent survey 100% of the participants recognized that a scenario where all financial products get digitized needs to be addressed sometime in the next 7 years and 59% of them believe it needs to be addressed immediately. Threat of fintechs is also a reality. They launched in March of this year.

America 100

America Digital Banking Strategy Fintech 100