PYMNTS

MAY 23, 2019

To that end, Jessica Moran, general manager of Paymode-X Business Solutions at Bottomline Technologies , noted the continued (and accelerating) collaboration between banks and FinTech firms. As has been documented in this space, there are some challenges in getting companies to adopt automated AP solutions. Where We Are Now.

Fintech 191

Fintech Fraud Technology Innovation 191

Independent Banker

FEBRUARY 28, 2022

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. The digital world has opened vastly broader avenues for community banks to attract new customers—especially if they partner with fintechs in their endeavors.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

APRIL 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. How are they going to receive loan documentation? Easing The PPP Loan Burden. By fax or paper?

Fintech 166

Fintech Technology Operations Company 166

Abrigo

SEPTEMBER 11, 2023

From a consumer standpoint, we’ve experienced three giant leaps in the fintech industry. Impact of AI Improved access to financial services One was when ATMs became available, and you didn't have to plan your activities around when banks were open. The utilization of generative AI has sparked legitimate concerns about data security.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

JULY 19, 2020

The California-based financial services company, founded in 2012, works to build products to power digital finance and FinTech issues through its own data transfer network. Plaid, according to the court document, describes itself as an infrastructure company, according to co-founder Zach Perret. billion, PYMNTS reported.

California 207

California Data Software Report 207

PYMNTS

MAY 27, 2020

And, they said, traditional players can find competitive strength by linking up with firms that had previously been viewed as foes (that would be FinTechs). Likewise, there is still a necessity in banking and money management that involves documents and other items.”. We’ll figure out a way to make a partnership,” he said.

Fintech 236

Fintech Innovation Digital Banking FDIC 236

PYMNTS

JUNE 7, 2018

For example, the Asia Securities Industry and Financial Markets Association (ASIFMA) would like to see more use of know your client ( KYC ) checks to help reduce costs, Reuters reported.

Regulation 162

Regulation Fintech Examples Industry 162

PYMNTS

DECEMBER 21, 2020

“It is not yet clear whether he participated actively in the theft or if he simply decided not to increase security measures after discovering it,” Ivano Gabrielli, director of the national center for cyber crimes (CNAIPIC), told Reuters. cryptocurrency exchange Exmo reported a “major” security breach on Mon. Meanwhile, U.K.

blockchain 206

blockchain Bitcoin Fraud Report 206

PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

PYMNTS

JUNE 23, 2017

We break down all the B2B FinTech funding rounds below. Enterprise Security. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions. is TrueLayer, which provides a developer platform for FinTechs to streamline access to bank APIs that are PSD2 compliant.

Fintech 171

Fintech Marketing New York City Capital 171

PYMNTS

MAY 26, 2017

Mizuho Financial Group , the Japanese financial company, is gearing up to launch a venture in June to create new businesses with FinTech. The transaction will enable parties to exchange documents online instead of getting hard copies.

Fintech 100

Fintech blockchain New York Risk Management 100

PYMNTS

MAY 1, 2020

Many CUs are doubling down on their efforts to digitize their services in a secure manner. billion in assets, is also reviewing some of its processes amid the coronavirus pandemic, such as the requirement for signing documents in person. The 83-year-old CU, which has 16 branches in the metro Phoenix area and holds $1.9

Arizona 159

Arizona Security Cards Phoenix 159

PYMNTS

NOVEMBER 10, 2020

Bounce-Back Loans Shaky After Funding Loss by UK FinTech Lender Tide. FinTech Tide withdrew from the program citing inadequate funding, according to a report in The Guardian. The yet-to-be-named product will be tested with several B2B merchants. Just Cashflow Partners With Railsbank on SMB Accounts.

Payments 187

Payments Fintech Online Report 187

PYMNTS

SEPTEMBER 11, 2019

Nicolas Dinh , chief operating officer of year-old Canadian financial startup STACK , recently spoke with PYMNTS about the key forms of fraud that nascent mobile financial services firms face and how companies can leverage security technologies and partnerships to gain customers’ trust. Partnering With Established Players.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K.,

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

JANUARY 26, 2021

And while the concept initially set its sights on elevating the consumer banking experience, the data integration drive continues to expand into new use cases, including business banking, that open up opportunity through bank-FinTech collaboration and data integration. Citi Drives ISO 20022 Adoption With Volante.

blockchain 355

blockchain Data Fintech Technology 355

PYMNTS

JANUARY 14, 2021

It enables the secure sharing of financial and other data to enable seamless digital payments and money transfers. . Aside from providing banking customers in the Kingdom with a way to securely manage and share financial data, open banking will also give people access to custom products and services.

Innovation 225

Innovation Policies User Experience Security 225

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. Yoco provides businesses with payment management and auditing services, targeting SMBs that struggle to get off cash and paper documents. Countingup.

Fintech 109

Fintech Capital Lending Software 109

PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Proponents of these tools say they promote digital onboarding without requiring branch visits or paper documentation.

Video 211

Video Report Meeting United States 211

PYMNTS

JUNE 16, 2016

Cyberattackers were able to steal $81 million from the Bangladesh central bank by compromising the SWIFT messaging system , forcing the company — and financial services players everywhere — to take a renewed look at payments security measures. “FinTech is not something the banks should be afraid of. ” Payments Security.

Security 100

Security Payments Fintech Meeting 100

PYMNTS

OCTOBER 22, 2020

22) that it will be incorporating NFC capabilities, which increase the speed and security of transactions, into its “identify verification workflow.”. Mitek noted in a press release that its new NFC-enabled “fast lane” can enable “banks, FinTechs and financial organizations onboard their customers more simply and securely.”.

Technology 134

Technology Comparison Security Customer Experience 134

PYMNTS

NOVEMBER 6, 2019

This week, FinTech firms took the reins as they introduced application programming interface (API)-powered solutions for small businesses (SMBs). The product, Experian said, is made possible via an API partnership with FinTech firm Codat. FinTech Revolut. Open Banking continues to explore new B2B use cases.

Fintech 101

Fintech Data Online Cards 101

PYMNTS

AUGUST 3, 2020

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3).

Regional 362

Regional Online Fintech Regulation 362

PYMNTS

JUNE 9, 2020

FinTech firms and government bodies are responding to the wave of cybercrime by developing new anti-money laundering (AML) and know your customer (KYC) technologies, particularly those leveraging biometric authentication factors. Other companies are adopting biometric identity verification solutions from third-party FinTechs.

Online 195

Online Report Compliance Fraud 195

South State Correspondent

MARCH 7, 2024

The application spans across a bank so data in multiple calendars, emails, Teams’ messages and documents can be accessed. The banker can then refine the document from there, modifying and customizing as necessary. You can instantly create a five-slide PowerPoint presentation from email copy or an outline in a Word document.

Training 195

Training Data Tools Technology 195

PYMNTS

NOVEMBER 15, 2019

Documents seen by the FT show Tiger Global Management is nearing the closure of $11 billion in hedge funds (with plans to raise about $3.75 Enterprise Software-as-a-Service startup Workato secured $70 million in Series C funding, the company said in a press release , with investors at Redpoint Ventures leading the round.

Fintech 101

Fintech Capital Software Management 101

PYMNTS

APRIL 21, 2019

JPMorgan Chase is planning to expand its use of blockchain technology to improve the banking industry’s payment system, as well as get FinTechs to experiment on developing the platform. In addition, the IIN is setting up a sandbox so that FinTechs can use the network to “develop and put out applications.”

blockchain 197

blockchain Payments Fintech Compliance 197

PYMNTS

NOVEMBER 4, 2020

Some FinTech leaders say that this lack of modernization is at least partly to blame for the estimated $1.5 Today, some documents are still sent the old-fashioned way," explained Tsafrir Attar , vice president of Digitization at Surecomp. Sometimes, they're still sending documents using snail mail.". The RegTech Opportunity.

Regulation 234

Regulation Tools Compliance Technology 234

BankInovation

NOVEMBER 4, 2022

Payments technology platform ConnexPay secured a $110 million investment last week from growth equity firm FTV Capital to help support technology enhancements and grow its international team, according to a release.

Minneapolis 98

Minneapolis Capital Security Technology 98

PYMNTS

DECEMBER 3, 2020

While FinTech innovators continue to drive competition with a focus on product functionality and an optimal end user experience, businesses are often forced to use outdated tools, according to Frank Dux , managing director of CoCoNet. The Drive To Upgrade. Regulatory initiatives like PSD2 and open banking across Europe and the U.K.

User Experience 264

User Experience Fintech Innovation Technology 264

PYMNTS

SEPTEMBER 16, 2020

Below, PYMNTS rounds up the latest in bank-FinTech collaborations and open banking efforts from challenger bank Countingup, eMoney institution Eedenbull and others. Eedenbul Secures PSD2 License. Payoneer Debuts Program For Banks. Countingup Teams Up On SMB Solutions. Faster Payments and BACS schemes.

Taxes 141

Taxes Fintech Payments Security 141

CFPB Monitor

NOVEMBER 22, 2022

The report attributes the risk that such schemes will arise to bank/fintech relationships that “lack proper regulatory oversight or principles for responsible lending.”

Fintech 78

Fintech Report Data Lending 78

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number.

Video 175

Video Capital Lending Security 175

PYMNTS

NOVEMBER 15, 2019

Against the backdrop of Open Banking, and in an effort to compete, financial institutions (FIs) must give consumers the ability to share their data with third parties, including FinTech firms. FIs, in turn, must also protect the security and integrity of that data, while giving consumers a sense of control over how and where it’s being used.

Data 162

Data Fintech Security Resources 162

PYMNTS

NOVEMBER 3, 2020

The document released by the CFPB specifically targets the implementation of Section 1033 of the Dodd-Frank Act. And as to what specifically — in terms of areas — the CFPB is seeking commentary on, the document noted that it seeks insight into cost/benefits of consumer data access; the scope of access; and security.

Data 199

Data Digital Banking Report Examples 199

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. ” By enabling financial institutions to cross-reference invoices and other trade documents, financiers can mitigate this risk — thus, connecting SMBs to faster, more affordable capital.

Fintech 120

Fintech blockchain Data Capital 120

PYMNTS

JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release.

blockchain 244

blockchain Guidelines cryptocurrency Marketing 244