PYMNTS

JANUARY 8, 2021

Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often with significant friction. That's not to say the company didn't experience any changes from market disruption. Also key to strategic FinTech adoption is a forward-looking view, as Chana explained.

Fintech 218

Fintech Strategy Data Tools 218

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Competitive Disruption.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

NOVEMBER 12, 2020

The small business financing market is in a unique position: despite market volatility and an economic downturn, funding availability remains strong for SMBs thanks to government funding initiatives. But this trend is simply part of the ebbs and flows of the market, according to Dare. In the U.K., Funding Ebbs And Flows.

Marketing 160

Marketing Industry Lending Fintech 160

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

Fintech 167

Fintech Customer Experience Conference Technology 167

PYMNTS

AUGUST 29, 2019

The twist is, that gap in small business banking innovation led external FinTechs to step in and today, small business banking is a highly competitive, and highly innovative, area of financial services. In India, Visa recently announced a partnership with FinTech Open to introduce new small business banking services. Now, the U.S.

Fintech 173

Fintech Innovation Lending Digital Banking 173

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

DECEMBER 11, 2019

So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. We had to deal with credit and trust issues very quickly,” he said, echoing other FinTech leaders and entrepreneurs who operate in the Middle East and in the Gulf countries. “We But in a new PYMNTS interview on Tuesday (Dec.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

FEBRUARY 1, 2019

And the prospect of “no deal” Brexit has some FinTech firms seemingly anxious about what lies beyond the horizon, and scrambling for contingency plans. If you cut off that market, you’re hurting yourself, which is Brexit in one word.”. Other more traditional finance firms have licenses in place where they want to operate.

Fintech 122

Fintech cryptocurrency Course Operations 122

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. These terms look good on paper, but what do they mean in practice for operational innovation?

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

JANUARY 14, 2020

On a conference call with investors following the announcement, Visa CEO Al Kelly said that “Plaid opens up new market opportunities by significantly expanding Visa’s network capabilities,” adding that Plaid provides “a terrific platform for extending” Visa’s integrated payment solutions and value-added services. Delving Into The Numbers.

Fintech 157

Fintech Data Payments Capital 157

PYMNTS

JUNE 5, 2020

Providing robust services via mobile channels is especially important now, as the COVID-19 pandemic has caused businesses to operate remotely and consumers to stay at home as much as possible. Such vigilant security means FinTechs must vet new customers and continually review existing ones for changes in their money laundering risk, he said.

Security 174

Security Fintech Data Fraud 174

PYMNTS

MARCH 17, 2017

Financial software firm Misys had a bit of a roller coaster year in a market constantly in flux. company canceled its IPO last October, citing “ current market conditions” as its reason behind deciding not to pursue an estimated $7 billion float on the London Stock Exchange. The company will merge with DH Corp.,

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

OCTOBER 29, 2018

A report earlier this month from Accenture has estimated that the range of financial sector upstarts — from challenger banks to FinTech firms, to new tech firms coming into financial services — will disrupt top-line growth for entrenched financial institutions (FIs). The study also found that the threat to FI top lines is on the rise.

Fintech 178

Fintech Data United States Report 178

PYMNTS

SEPTEMBER 6, 2018

The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. For FinTech firms, doing the chasing all on their own is a losing proposition. Plugging In To Plugins.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The subject? Not So Black-and-White.

Fintech 191

Fintech UX Mobile FDIC 191

PYMNTS

NOVEMBER 7, 2018

Where do middle-market firms stand in this effort to upgrade corporate payments? The current picture is quite optimistic: Researchers estimated that roughly half the value of mid-market B2B payments is already digital, with 59 percent of firms reporting the use of electronic funds transfer (EFT) to pay their invoices. Misconceptions.

Survey 145

Survey Capital Marketing Payments 145

PYMNTS

NOVEMBER 18, 2020

Collaboration and not competition, Visa’s Senior Vice President, Global Head of FinTech Terry Angelos told Karen Webster in a discussion on the recent advancements and updates to Visa’s Fast Track program , is quite evident — particularly when one observes that a number of Visa’s partners are many that, on paper, might appear to be competitors.

Fintech 184

Fintech Community Community Bank Meeting 184

PYMNTS

NOVEMBER 24, 2020

He uses the friendly, in-person relationships of a credit union as an example. Mobile isn’t a developed market phenomenon. He points to his own kids as an example. My time to fulfill is very different and that also leads to activation rates, engagement, usage and so many other things,” Wain said. “So Mobile isn’t a U.S.

Mobile 310

Mobile social media Fintech Innovation 310

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. Tencent also operates WeChat, the wildly popular messaging app. Naspers isn’t the only investor eyeing the startup market in India.

Fintech 123

Fintech Capital Online Financial Technology 123

Abrigo

JUNE 14, 2017

Many banks and credit unions have found a path to growth via partnerships with fintechs. Technology partners offer much more than just software to banks; a fintech partnership provides delivery channels, convenience, corporate governance , advisory services, and industry data. For example, are your response times slow?

Fintech 170

Fintech Software Lending Millennials 170

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. Finxact’s own offerings operate in the cloud. “I Outside U.S.

Fintech 145

Fintech Cards System Groups 145

PYMNTS

JULY 25, 2019

Banks need to keep this requirement top of mind as they compete against other FIs in newer markets, however. Challengers see fraud protection as especially important, particularly as they attempt to ween customers away from legacy FIs and their own nimbler FinTech competitors. Bringing a global fraud approach to a new local market.

Fraud 164

Fraud Marketing US Resources 164

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. operations with a soft landing of customers to Varo.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Launching Into New Markets. Cohen asked. It’s unthinkable.”.

Management 303

Management User Experience Innovation Fintech 303

PYMNTS

MAY 30, 2018

And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs. And increasingly, banks are starting to think of FinTechs not as the enemy, but as potential partners. Why FinTechs Need Banks.

Fintech 160

Fintech Regulation Compliance Innovation 160

PYMNTS

APRIL 29, 2019

For example, in the newly released J.D. In 2018, it took longer to bring new features to market than in prior years. Most banks operated in specifics, and were responding to current (50.6 percent of CU members expressed willingness to switch from a CU to a FinTech, due to easier and more convenient services.

Fintech 193

Fintech Innovation Community Bank Study 193

PYMNTS

OCTOBER 29, 2019

The real estate industry is a popular target for FinTech innovators, particularly when it comes to new services and products that target renters and homeowners. The opportunities of real estate FinTech are vast, and innovation is far from slowing down, according to Ian M. .

Innovation 103

Innovation Fintech Industry Tools 103

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. At the same time, he explained to PYMNTS, industry collaboration can mean combining banks’ and FinTechs’ biggest strengths.

Fintech 319

Fintech Resources Payments Industry 319

PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

Fintech 104

Fintech Regional Resources blockchain 104

PYMNTS

AUGUST 16, 2018

To that end, FinTechs are looking to tap into the sub-prime credit market, with tech as aid. As has been widely reported by publications including The Wall Street Journal , FinTechs are seeking to gain footholds in subprime credit – in this case, extending loans to individuals who have low credit scores.

Fintech 101

Fintech Lending Cards Examples 101

PYMNTS

SEPTEMBER 27, 2018

As Pérez put it, more concisely: “Every time you enter a new market, you need to create a new recipe, even though the ingredients might be the same.”. The fuel for that trend comes from treasury and operations professionals being pressured to digitize payments and processes. Latin American Progress.

Fintech 179

Fintech Payments America Innovation 179

PYMNTS

JUNE 27, 2019

Its solution combines a scalable tech platform with distribution power through online marketing, enabling brands to reach large markets and find new customer segments around the world. “We With labels Recharge.com and Rapido.com, for example, Creative Group’s goal is to reach a sales volume of €200 million by the end of 2019.

Groups 151

Groups Fintech Branding Resources 151

Perficient

FEBRUARY 2, 2023

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. One example of this effort, which we expect to see more of in 2023, is biometric payments. billion of economic output.

Industry 471

Industry Trends social media Payments 471

PYMNTS

FEBRUARY 23, 2017

Banks and FinTechs are going in on blockchain technology , as two separate reports released earlier this month conclude. Analysis from Corporate Insight and Infosys Finacle say banks and FinTechs are readying increased involvement and investment in distributed ledger technologies.

Fintech 115

Fintech blockchain Survey Technology 115

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

are made with cash , for example, and 63 percent of consumers have at least two credit cards. The bulk of this value is driven by savings and operational efficiencies, as AI could cut costs for banks by reducing the human error that occurs in payments and other operations. Only 26 percent of all consumer purchases in the U.S.

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

MARCH 23, 2018

To take stock of the cryptocurrency market, take stock? News came Friday that the wild west of cryptocurrencies — where fortunes are made and lost in the blink of an eye, and where regulations are less than regular — might be well-governed by the stock market when it comes to governance. After a fashion.

Marketing 109

Marketing cryptocurrency Conference Security 109