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

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.

Innovation 191

Innovation Lending Fintech Bitcoin 191

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. New technologies are being developed to continue this market growth. For more on these and other CU news items, download this month’s Tracker. million in 2019.

Innovation 155

Innovation St. Louis Fraud United States 155

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?

Fintech 202

Fintech System Industry Google 202

PYMNTS

OCTOBER 28, 2020

Digital payments are growing ever more widespread, with the global digital payments market increasing by more than 50 percent in the past three years to hit $4.7 This puts them at risk of losing customers to more agile FinTechs that lack these issues. trillion in 2020. trillion in transaction value by 2023.

Payments 219

Payments Compliance Fintech Innovation 219

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.

Regulation 245

Regulation Payments Innovation Fintech 245

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.

Groups 272

Groups Fintech Mobile Report 272

PYMNTS

SEPTEMBER 20, 2018

With spiking investments in digital payment solutions, the B2B sphere appears to finally embrace innovation. In today’s highly competitive market, the pressure is on to maximize profits and streamline B2B payment structures by reducing their operating costs, time consumption and potential for errors and fraud.

Innovation 124

Innovation Payments blockchain Technology 124

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.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

JANUARY 2, 2019

With the global mobile point of sale (mPOS) market projected to experience a compound annual growth rate (CAGR) of 18.8 percent from 2017 to 2026, many solution providers are looking to use partnerships as a boost to snag a bigger share of the growing market. Two FinTech firms in Poland are also forging closer ties.

Software 220

Software Fintech Marketing Resources 220

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.

Samsung 160

Samsung Groups Capital Fintech 160

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.

eBook 79

eBook Fintech Leadership Big Data 79

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. In other markets, the growth of instant and mobile payments is breeding more competition by the day. based team.

Security 162

Security social media Innovation Regional 162

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. .

Trends 192

Trends blockchain Fintech Innovation 192

PYMNTS

JULY 1, 2020

The details are offered in Building a Better App: Banks and the Innovation Imperative Report , a collaboration between PYMNTS and Ondot Systems, the Silicon Valley-based FinTech. Nearly 44 percent of respondents said they would be “very” or “extremely” interested in downloading it.

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

OCTOBER 3, 2017

CEO Ola Okeshola – is the simple fact that access to capital for small businesses has dried up significantly since the Great Recession, as banks have either gone out of business or lost interest in lending to that sub-segment of the market. FinTech, Okeshola said, can offer SMBs streamlined access to funds in ways that are unprecedented.

Lending 108

Lending Fintech Capital Marketing 108

Chris Skinner

JULY 7, 2017

I was picked as one of a few commentators to talk about what’s going on in the world and was featured in the magazine, which you can find and download here. Sørensen Chris Skinner needs no introduction in the fintech and banking space. Handcuffed by Heritage An interview with Chris Skinner by Kristian T.

America 223

America Maine Trends Innovation 223

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. APIs invite innovative changes to banking. To read the story, download the latest Tracker. . contact-form-7] About the Tracker.

Strategy 190

Strategy Report Lending Fintech 190

CB Insights

JUNE 29, 2017

Missed out on the Future of Fintech conference? Sign up to download the presentation and slides. The Chinese market has significant potential for consumer financial technology firms. Startups can leverage the massive amount of data that Chinese consumers share online … Continued.

Fintech 37

Fintech Innovation Conference Financial Technology 37

PYMNTS

JULY 19, 2018

It’s no secret that banks and FinTechs are collaborating at a rate faster than ever before. The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations.

Fintech 107

Fintech Risk Management Big Data Management 107

PYMNTS

DECEMBER 23, 2019

Its omnipresence is altering how members want to interact with their CUs, though regulatory and compliance issues often mean that members cannot reasonably expect the same lightning-fast interactions they might get from banks and FinTech firms. For more on these and other CU news items, download this month’s Tracker. About The Tracker.

Data 131

Data Lending Michigan Regulation 131

PYMNTS

AUGUST 4, 2017

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. faster payment system. Millennials Moving Into And Up In The Business World.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

JUNE 3, 2020

during the past two months, for example, and mobile banking app downloads saw a 60 percent jump. The resulting shifts could have profound impacts on digital financial tools’ growth in markets around the world. Online account openings have increased 14.5 percent for community FIs in the U.S. Confronting Digital Banking Reality.

Digital Banking 131

Digital Banking Mobile Tools Online 131

PYMNTS

AUGUST 19, 2016

The Future Of FinTech? Japan’s Financial Services Agency (FSA) announced its own plan to boost the FinTech market by making it easier for companies to collaborate with the financial technology industry. “FinTech will have a big impact on financial services.” downloads and hit No. to 12 million.

Fintech 100

Fintech Mobile Guidelines System 100

CB Insights

DECEMBER 19, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B, a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Data is as of 12/19/2019.

Fintech 51

Fintech Regional Analytics Groups 51

PYMNTS

FEBRUARY 25, 2020

Admiring their work, 44 percent said they’d download the mobile card they had just created, presumably trading in their limited and fee-laden legacy bank cards. Mobile cards and their convenience will turn heads and make up minds in the battle for bank account market share that’s now shaping up.

Mobile 153

Mobile Cards social media Survey 153

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. The selection was based on several factors, including company-submitted data, business model, tech innovation, marketplace momentum, team strength, and more. First name.

Fintech 80

Fintech US Lending Cards 80

CB Insights

DECEMBER 12, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B , a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Valuation at Exit ($M).

Fintech 41

Fintech US Lending Analytics 41

Abrigo

OCTOBER 4, 2022

DOWNLOAD . Takeaway 3 Innovation and continued digital transformation are necessary to pull ahead of your competition and take full advantage of rising rates. Lean on innovation. Markets that you would “never” enter? You might also like this checklist, "6 Reasons to update your core deposit analysis." 5 rate hikes.

Strategy 195

Strategy eBook Security Management 195

PYMNTS

FEBRUARY 21, 2018

The London-based FinTech firm — which uses AI and machine learning to help young consumers avoid overdrafts, cancel unwanted or unused subscriptions and increase savings — was recently approved and registered with the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017 for the provision of payment services.

Digital Banking 163

Digital Banking Fintech Software Operations 163

Gonzobanker

JULY 21, 2021

Bankers, there’s no need to feel sorry for the technology vendors that serve your market. A comparison of the relative amount of R&D spending at Big 3 versus other well-known technology providers paints a frightening picture for financial institutions that are relying on Big 3 vendors to steer their technology innovation.

Technology 158

Technology Comparison Survey Financial Technology 158

PYMNTS

MAY 1, 2019

They not only have to battle fellow credit unions and banks, but also newer FinTech players offering wide-ranging innovations that can entice modern consumers. According to the March 2019 edition of PYMNTS’ Credit Union Innovation Playbook , 57.6 BECU, however, uses three factors in its engagement calculation.

United States 122

United States Survey Fintech Data 122

Abrigo

MARCH 7, 2022

You might also like this whitepaper on combatting domestic terrorism financing DOWNLOAD . If your institution needs assistance enhancing your sanctions program, a downloadable Key Components of a Strong Sanctions Compliance Program may help. The panel suggests paying close attention to mortgage companies and money transmitters.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

OCTOBER 15, 2020

FIs of all sizes are developing new systems to supplant or replace correspondent banking models, with many partnering with FinTechs to do so. Cloud services are boosting cross-border payments, however, with a study projecting that the cloud services market will reach $266.4 billion by the end of this year.

Payments 228

Payments Report Study Security 228

Lex Sokolin

SEPTEMBER 19, 2019

Fintech is expensive. Fintech is everywhere. Fintech is the global competition for regulation, talent, and macroeconomic supremacy. Fintech is the trade war between the US and China. Fintech is the trade war between the US and China. Fintech is Facebook and Amazon. Fintech is the next bubble to burst.

Fintech 40

Fintech Lending United States Data 40

CB Insights

JULY 11, 2019

Technological innovation across the financial services space is growing. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. oVER 20 Fintech startups with 1m+ customer accounts. fintech startups are Changing the consumer experience.

Fintech 64

Fintech cryptocurrency Examples Cards 64

PYMNTS

SEPTEMBER 12, 2018

FinTech security solution provider Deposit Solutions , for one, recently wrapped up a funding round worth $100 million, the second largest round ever received by a German FinTech player. In fact, we’re continuing to innovate to enhance our capabilities and keep pace with the fast-changing threat landscape.”. About the Report.

Security 139

Security Report CA Fraud 139