PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

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Innovation Data System Mobile 222

Chris Skinner

JULY 26, 2017

Innovate Finance has just published their report on the first half of 2017, and the investments made in FinTech. Global VC FinTech investment attracts $6.5 Billion in H1 2017 –with UK investment up 37% reveals Innovate Finance H1 2017 saw 787 deals globally, attracting $6.5 Global VC FinTech investment attracts $6.5

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Fintech United States US Innovation 251

PYMNTS

APRIL 27, 2020

PYMNTS latest research series, Beyond The Card: Innovating The Next Generation Of Credit Solutions , a collaboration with i2c , sets out to chart this complex and evolving landscape. Another key component of the report is case studies of four enterprises that are putting credit innovation to work in the real world. About The Report.

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Cards Fintech United States Case Study 226

PYMNTS

JULY 23, 2020

So, how are CUs changing their card innovation plans to match their current members’ demands and attract new potential members? This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. Moreover, 89.4 percent between February and May.

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Innovation Report Cards California 174

PYMNTS

JANUARY 22, 2019

When it comes to innovation, though, are CUs investing in the technologies their members want, or are they putting their money into innovations that don’t align with their members’ priorities? The findings highlighted a disconnect between the innovation priorities of CUs and the ones important to their members.

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Innovation Report Fintech Survey 109

PYMNTS

JULY 31, 2019

However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.

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Innovation Report UX User Experience 151

PYMNTS

SEPTEMBER 14, 2017

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs. An ‘API-first’ strategy.

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Innovation Lending Fintech Bitcoin 191

PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. This is changing — in a big way. percent to higher than that of large FIs.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

Bussman Advisory

JUNE 24, 2022

The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? Subscribe now to our weekly newsletter.

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social media Fintech blockchain Course 52

PYMNTS

OCTOBER 29, 2019

The pace of payments innovation continues to accelerate, and corporate payments are no longer an exception to this trend. But to understand where B2B payments innovation is going, Jay Dearborn, president of corporate payments at WEX , said the industry must first take a look in the rearview mirror. “To Banks’ Unwavering Role.

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Innovation System Payments Fintech 101

PYMNTS

SEPTEMBER 23, 2019

Banks today recognize that they must embrace innovation to survive in a world being rapidly transformed by digital technology. For the past year, PYMNTS has been examining how banks are faring on the road to technological innovation. Our research establishes that effective IT and core systems are at the heart of successful innovation.

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Innovation Report System Resources 118

PYMNTS

DECEMBER 16, 2019

South Korean FinTech startup Viva Republica , creator of the financial services platform Toss, was granted preliminary approval for a digital banking license from the Financial Services Commission of Korea , a Monday (Dec. Since its launch in 2015, Toss has become the only FinTech unicorn in Korea. 16) press release indicated.

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Fintech Online Digital Banking System 131

PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. One such innovation comes from credit union service organization (CUSO) PSCU , which recently released a desktop automation system to optimize CU call centers. million in 2019.

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Innovation St. Louis Fraud United States 155

PYMNTS

APRIL 24, 2020

However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members. FinTechs are also emerging as major CU competitors. This puts FinTechs and CUs on a collision course, with each racing to innovate new products that will grab members’ attention and patronage.

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Data Innovation Digital Banking Meeting 187

Bobsguide

SEPTEMBER 19, 2022

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

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Fintech Taxes Customer Experience Industry 68

PYMNTS

AUGUST 10, 2017

Banks and FinTech companies have a complicated history. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ territories. Why the tension?

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Fintech System Industry Google 202

CB Insights

SEPTEMBER 10, 2020

After a difficult first quarter, fintech funding rebounded in a big way in Q2’20. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Below, we answer some of our readers’ most pressing questions from the webinar on the state of fintech.

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Fintech Innovation Lending Regional 46

PYMNTS

AUGUST 6, 2020

In August’s The FI’s Guide To Modernizing Digital Payments , PYMNTS explores the latest in the world of payments modernization, including record numbers of digital payment users in India, high demand for instant payments from corporates as well as consumers, and emerging competition from FinTechs and challenger banks. About The Tracker.

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Regulation Payments Innovation Fintech 245

PYMNTS

SEPTEMBER 20, 2018

With spiking investments in digital payment solutions, the B2B sphere appears to finally embrace innovation. This multitude of B2B payment investments has opened a whole new world of opportunities, with all-new players, including tech giants and FinTech startups, taking initiative to find the “next big thing” in B2B payments.

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Innovation Payments blockchain Technology 124

PYMNTS

OCTOBER 28, 2020

This puts them at risk of losing customers to more agile FinTechs that lack these issues. These large investments by FIs in new technologies are mere drops in the bucket compared to FinTechs’ investments, however. A study found that FinTechs spend 70 percent of th eir budgets on innovation, while banks typically spend 35 percent.

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Payments Compliance Fintech Innovation 219

PYMNTS

MAY 15, 2018

In a landscape that’s fast evolving to match the needs of tech-savvy customers, credit unions are innovating to compete with larger commercial banks and FinTech firms to attract and retain customers. To read the full story, download the latest Credit Union Tracker. Embracing Tech Change to Win Over Millennials.

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Millennials Innovation Report Mobile 110

PYMNTS

MAY 20, 2020

This is just one of the key questions PYMNTS sought to answer in the Credit Union Innovation Playbook: Challenger Banks Edition , in collaboration with PSCU. The Playbook details how they can tailor their innovation plans to help maximize consumers’ digital banking access and stand out from up-and-coming challenger banks and FinTechs.

Data 152

Data Digital Banking Innovation Fintech 152

PYMNTS

SEPTEMBER 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. Now, users can download the bank’s mobile app to establish personal bank accounts in as little as three minutes, according to the report. It was one of eight such recipients, the report stated.

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Groups Fintech Mobile Report 272

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. For more on these and other CU news items, download this month’s Tracker.

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Nevada Security Innovation Data 192

CB Insights

MAY 20, 2022

Download the report to learn more.</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. Xendit competitors are DOKU, G-Xchange, PayMongo, Voyager Innovations, and Xfers.

Innovation 57

Innovation Regional Fintech Payments 57

Bank Innovation

OCTOBER 23, 2017

The app, which Bank Innovation first reported about in August, is available today for download. EXCLUSIVE- Point-of-sale financier Affirm today launched its mobile app as it looks to strengthen its online business. The new app will give customers a virtual card that they can use to make online purchases.

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Mobile Online Innovation Cards 225

Abrigo

SEPTEMBER 11, 2023

DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when. But the real lifestyle upgrade came when you had fintechs like Xoom and PayPal that made payments happen in near real-time. Let us step back in time and look at the last 50 years.

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Risk Management Data Technology Fintech 195

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

Innovation 15

Innovation Fintech Online Mobile 15

Insights on Business

JULY 30, 2018

For this reason, many predict we are in the ‘golden age of FinTech’ where customer needs and expectations are paramount. Partnerships (banks-fintechs) cannot scale to cause any meaningful change in financial institutions. Get the “Fintech Rising: Creating Synergy in Financial Services” eBook here.

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eBook Fintech Leadership Big Data 79

PYMNTS

MARCH 4, 2020

China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4). Klarna, Europe’s most valuable FinTech, was founded in 2005 and has financial backers that include the rapper Snoop Dogg, who is also part of the company’s marketing.

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Samsung Groups Capital Fintech 160

CB Insights

APRIL 22, 2020

GET THE 102-PAGE State of fintech REPORT. Download the free report for all the details. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups). What a cash flow crisis means for fintech companies.

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Fintech Lending Online Examples 87

PYMNTS

JANUARY 2, 2019

Two FinTech firms in Poland are also forging closer ties. Two FinTech firms in Poland are also forging closer ties. Once the merger is complete, the FinTech firms will rebrand. For all the latest headlines, download the Tracker. To read the feature story, download the Tracker. About The Tracker.

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Software Fintech Marketing Resources 220

Bobsguide

APRIL 5, 2016

bobsguide are proud to present Payments (R)evolution, a special edition magazine available for download HERE. Featuring exclusive content and in-depth conversations with Europe’s most exciting fintech innovators, Payments (R)evolution is an astute examination of an.

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Fintech Payments Innovation 60

PYMNTS

DECEMBER 13, 2017

The emergence of APIs is doing more than just changing the way banks and FinTechs operate. It’s forcing them to create new marketplaces and ecosystems where innovations are traded and, in the process, upending the traditional rules of the financial services market. To read the story, download the latest Tracker. .

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Trends blockchain Fintech Innovation 192

Bobsguide

APRIL 11, 2016

bobsguide are proud to present Payments (R)evolution, a special edition magazine available for download HERE. Featuring exclusive content and in-depth conversations with Europe’s most exciting fintech innovators, Payments (R)evolution is an astute examination of an.

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Fintech Innovation Payments 60

PYMNTS

JUNE 6, 2019

Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time networks faster than others. Social media platform Facebook is set on further innovating WhatsApp features with a new U.K.-based based team.

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Security social media Innovation Regional 162

Celent Banking

MARCH 31, 2015

Last week was busy for Celent: on Monday we hosted our annual Innovation and Insight Day at Carnegie Hall (more on that later). The Banking Team recognized nineteen model banks across five categories: Digital; Omnichannel; Legacy and Ecosystem Transformation; Innovation and Emerging Technologies; and Payments.

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Innovation social media Conference US 100