Financial Technology Company Cross River Raises $100 Million In Funding

PYMNTS

Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company.

The Financial Technologies SMEs Aren’t Using

PYMNTS

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped.

Fostering the Financial Technology Infrastructure of Tomorrow

Insights on Business

Imagine a scenario in which opacity and complexity have been removed from the financial services industry. To the untrained eye, the infrastructure of the world’s financial institutions is a snarled web of systems hampered by constraints.

Distributed Ledgers Expected to be Most Prominent Financial Technology in 2019, Poll Finds

Bank Innovation

Distributed ledger technology will be crucial to innovation in digital banking this year, according to a poll conducted by Bank Innovation.

Financial technology needs rules of engagement

BankThink

Policymakers and industry officials should join forces in creating regulations and standards for cryptocurrencies, artificial intelligence and other innovations before they become more widespread. Cryptocurrencies Fintech regulations Fintech Bitcoin

Busting Myths and Facing Facts about Financial Technology Integration

ATM Marketplace

Don’t fall prey to some of the most pervasive myths about technological integration in your bank or credit union. Here’s the cold, hard facts

Financial technology needs rules of engagement

Payments Source

Policymakers and industry officials should join forces in creating regulations and standards for cryptocurrencies, artificial intelligence and other innovations before they become more widespread. Cryptocurrencies Fintech regulations Fintech Bitcoin Payments

Edward Jones Partners With SixThirty to Support Financial Technology Startups

Let's Talk Payments

LOUIS, MO – April 18, 2017 – Financial services firm Edward Jones today announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in financial technology (FinTech).

Why Asia Will Dominate the World of Financial Technology

Let's Talk Payments

If there is one region to lead the world into the next generation of financial technology innovation, it is Asia. Despite common belief spread by media coverage that the western. Banking Commerce Data Analysis Fintech Funding hub Innovation Insights Popular Asia Europe insights US

Financial Technologies in Africa: Driving Much More Than Financial Inclusion

Let's Talk Payments

The rapid transition towards financial inclusion that Sub-Saharan Africa has been seeing in the last decade could not have happened without the successful adoption of mobile money. Financial Inclusion Fintech Innovation Insights Mobile Payments Personal Finance Management Asia Europe insights USHowever, mobile money.

American Financial Technology Awards 2015 – And The Winners Are…

Perficient Financial Servies

The American Financial Technology Awards were announced on Monday evening in New York. A full-write up of the award winners will be forthcoming, but here is the list of the leaders in financial technology for 2015: Best Global Deployment – Nomura Securities.

FinovateFall Sneak Peek: Aspire Financial Technologies

NetBanker

Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. The post FinovateFall Sneak Peek: Aspire Financial Technologies appeared first on Finovate. A look at the companies demoing live to 1,500+ fintech professionals on September 8 & 9, 2016. Register today.

Visa buys stake in Swedish financial technology company Klarna

Payments Source

is buying a stake in Swedish payments technology firm Klarna AB and forming a strategic partnership, as both companies aim to expand outside their core markets. Visa Inc. Online payments Consumer lending Visa

Financial technology hub to help Montreal startups grow

The Paypers

(The Paypers) Finance Montréal , a financial sector industry group, has announced the launch of a new program that will encourage the growth of financial technology startups in the city

Ensenta signs partnership with Engage Financial Technology

The Paypers

(The Paypers) Ensenta has announced they have partnered Engage Financial Technology , to enable customers to use mobile devices to load funds to payment cards

MoneyTech 2017 to Bring Together Best Minds in the Financial Technology Sector in Day-Long Conference

Let's Talk Payments

MoneyTech 2017, Asia’s premier Financial Technology Summit, will bring together a gamut of thought leaders in a day-long conference to deliver the deepest discussions about the future of digital finance.

The next big thing in financial technologies: quantum computing – Part 2

The Paypers

(The Paypers) In 2018, George Gesek , the CEO of NOVARION Systems made an insightful introduction on quantum computing to The Paypers’ readers, worthy of a follow up

Rethinking the middle office: Solving buy-side challenges with financial technology

Bobs Guide

Once considered simply a conduit between the front and back office, the middle office is playing a more active part in the investment process for buy-side firms. New regulatory mandates require support for collateral management, risk reporting and commission unbundling. Expansion into new

Financial Technology & Security Startups: Join the Ultimate Startup Ecosystem

Let's Talk Payments

Plug and Play Tech Center, the world’s largest global technology accelerator and venture fund, is opening applications for for Plug and Play FinTech’s Fourth Batch. Press Release} SUNNYVALE, CA, May 16, Accelerators Fintech Funding news US

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Worldpay and Georgia Tech’s ATDC Financial Technology Partnership Yielding Strong Results

Let's Talk Payments

million in funding ATLANTA (April, 11, 2016): A year after launching an accelerator program focused on helping entrepreneurs in Georgia’s growing financial. 8 startups in program have already raised $16.8

Why Not All FinTech Providers Are FinTech Firms

PYMNTS

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A FinTech is a term that’s become synonymous with innovative, agile and digital-first financial services companies,” said Thomas.

Fiserv Simplifies Cash Management In Smart Safes

PYMNTS

Fiserv , a financial technology company, has partnered with cash solutions company NationalLink to simplify cash management for users, the company said in a press release. The technology also gives users a centralized view of all their cash transactions.

Why Virtual Assistants Need Context To Be Smart Digital Bankers

PYMNTS

Its suggestions about mortgage financing are helpful, even intuitive, and take the stress out of remembering to plan each step of a financial journey that is life-long and can get side-tracked amid the busyness of daily routine.

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APIs take on increasingly important role as financial technology advances

CU Insight

It seems like every week some new technology – usually software – is launched that’s designed to completely change the financial services industry. One technology solution is the application programming interface (API).

How financial technology is transforming the loan industry

CU Insight

The world of loans is changing at a rapid pace thanks to fintech (financial technology) and technological tools that have increased loan process efficiency, lender competition, and resources available to both lenders and consumers.

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Evolution through digital reinvention in banking

Insights on Business

The next evolution facing banking institutions is taking place in the digital reinvention of our current and future technologies. To do this, they will need to deploy new technologies and release the latest digital tools in ways that support scalable growth and sustainability.

US Bank Looking To Sell Its Payment Unit, Elan

PYMNTS

By sending real-time alerts via My Mobile Money, financial institutions can communicate directly with debit cardholders to confirm transactions, which will not only reduce the risk of a payment being declined due to fear of fraudulent activity, but can also prevent false positive card blocks. Our financial institution clients are always looking for new ways to provide their debit cardholders with fraud prevention options,” said Troy Cullen, president of Elan, at the time. “By

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US Treasurers Fall Behind On FinTech Investment

PYMNTS

Treasurers from the largest corporations are more likely to invest in newer financial technologies, found a new report from East & Partners and Contentive Media. Reports released last week said researchers found that, across the globe, treasurers at the largest corporations are investing more in financial technologies than their peers at smaller firms.

Five At Five: Amazon’s New India Push

PYMNTS

Baidu’s cloud solution will integrate Intel’s Xeon Scalable processors, as well as Intel’s Math Kernel Library for Deep Neural Network technologies, to develop financial technologies for banks in China. News Amazon India commerce news digital payments ecommerce financial technology Five at Five Instagram partnerships payments news Retail supply chainsWelcome to Five at Five, your late look at the day’s payments and commerce news.

Blockchain Tracker: Governments Trust In Blockchain

PYMNTS

Given the fact that governments can be impacted by myriad factors at any time, they need to have a solid financial management system in place. In a recent study of 200 government leaders from 16 countries, IBM’s Institute for Business Value (IBV) looked specifically at blockchain technology as a possible solution for securely sharing sensitive data. One such entity that’s placing its bets on blockchain technology is China.

Banks are not dying

BankNXT

Banking Fintech Chris Skinner financial technology peer-to-peer real-time web technologyChris Skinner argues the case that banks are not actually dying, and fintech isn't actually disrupting them. Banks are not dying on BankNXT.

NEW DATA: Why 100% Of Mid-Sized FIs Fail To Climb The Innovation Curve

PYMNTS

Mid-sized financial institutions looking to stay competitive could learn a thing or two from both their larger and smaller counterparts. Digital Banking Bank Innovation bank technology Banking Research challenger banks Featured News financial institutions financial technology i2C Innovation Readiness Playbook News payments

FinTech Startups Defining the New York FinTech Industry

Let's Talk Payments

New York is one of the hottest FinTech hubs globally and is known to be a notable hub of innovation. For talented entrepreneurs looking to explore New York as the.

A world turned on its head

BankNXT

There's a kaleidoscope of financial innovation out there, and it's not necessarily present in the so-called "developed" nations. Banking Fintech alternative finance Chris Skinner financial technology innovation mobile money services

CFPB announces March 2019 advisory group meetings

CFPB Monitor

The notices indicate that each of the groups “will discuss policy issues related to financial technology and other trends and themes in consumer finance.”. CFPB Monitor FinTech advisory CFPB financial technologyThe CFPB has published notices in the Federal Register announcing that its Consumer Advisory Board , Credit Union Advisory Council , and Community Bank Advisory Council will hold meetings in Washington, D.C. on March 14, 2019.

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4 ways for financial institutions to slump-proof their technology

Gonzobanker

In the years since the Great Recession, financial institution executives became increasingly optimistic. Even CIOs who are optimistic about 2019 need to take precautions with their technology. Unfortunately, in hard times expensive technology lifecycle refreshes are often deferred.

Intel Plants FinTech Seeds In Tel Aviv

PYMNTS

“Through this collaboration, Intel will be able to lead, alongside The Floor, the development of this field in Israel and to widen the influence of technology on the financial field, from the user to the cloud,” Puterman-Zafrir said in a statement. International financial technology Intel international What's HotThe U.S. has its Silicon Valley, and Israel has its own Silicon Wadi of concentrated tech know-how.

The FinTech50 2016: these are the game-changers

BankNXT

Fintech Chris Skinner financial technology FinTech50A list of The FinTech50 for 2016, provided courtesy of Chris Skinner. The FinTech50 2016: these are the game-changers on BankNXT.

Leadership and Technology take center stage at DX19

ForwardBanker

The post Leadership and Technology take center stage at DX19 appeared first on Deluxe FS. Deluxe conference Deluxe Exchange Deluxe Exchange 2019 DX19 Financial Technology leadership Technology thought leadership women in leadershipDeluxe Exchange 2019 is just around the corner. Are you ready to kick it up a notch? Held February 4-6 in Miami, DX19 is a thought leadership summit that brings together leading FI experts and execs responsible for market growth.

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3 Reasons Why Fintech is Thriving in Atlanta

William Mills

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. Founded in 1980, The Advance Technology Development Center (ATDC) at Georgia Tech boasts a 90 percent success rate for its startups after their first five years.

Fintech – what’s in a name?

BankNXT

Fintech business culture financial technology innovation Leda Glyptis startups technologyLeda Glyptis deconstructs the real meaning and implications behind the term fintech. Fintech – what’s in a name? on BankNXT.

Promising Indian FinTech Startups That Won Investors Confidence

Let's Talk Payments

India, with its own set of challenges and opportunities, stands out as a unique market for FinTech, especially payments. Keen interest from the government to reduce cash transactions is seen.

Interview with Michael Tannenbaum from SoFi

BankNXT

Banking Fintech Podcasts entrepreneur financial technology interview lending loans technology Wharton FinTechBrian Shah interviews Michael Tannenbaum of SoFi about driving successful execution and growth across core lending products.