Financial Technology Company Cross River Raises $100 Million In Funding


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.

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.

The Financial Technologies SMEs Aren’t Using


The average small business considers itself a “moderate” user of technology, according to the 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.

Financial technology needs rules of engagement


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

Financial technology – do we really need to rip up the roads?


The advance of technology doesn't mean everything changes for financial services overnight, or does it? Financial technology – do we really need to rip up the roads? Chris Skinner explains. on BankNXT.

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).

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

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.

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

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


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.

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.

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

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 Virtual Assistants Need Context To Be Smart Digital Bankers


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


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


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


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


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


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


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


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

Intel Plants FinTech Seeds In Tel Aviv


“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


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.

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?


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.

Interview with Michael Tannenbaum from SoFi


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.

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.

Vendor Relationships May Be the Key to Better Tech


Fast, easy, relevant and seamless — that’s what customers expect from their financial institutions. Of course, not everyone is getting that experience right now, and banks of all asset sizes are turning to technology to help them meet customer expectations.

Looking for a live unicorn


Fintech Mobile & Online Payments Chris Skinner financial technology lending peer-to-peer startups unicornsChris Skinner looks at the state of the fintech unicorn, and uses Business Insider's new list of the biggest unicorns of 2016 as reference.

What does it take to be a fintech hub?


Fintech Chris Skinner financial technology startupsChris Skinner reveals the six key factors to becoming a fintech hub. What does it take to be a fintech hub? on BankNXT.

Fintech’s biggest contradiction: the case for femtech


Victoria Yasinetskaya talks about her femtech wakeup call, and how gender diversity has a direct financial correlation. Fintech femtech financial technology technology Victoria YasinetskayaFintech’s biggest contradiction: the case for femtech on BankNXT.

FinTech Is Not Your Enemy: Debunking the Worst Myths


Deluxe Featured Financial Marketing Insights Performance Management disruptors Financial Technology Fintech fintech disruptors FinTech Forward 100 Millennials partnerships start-up startup

Could the 2009 subprime mortgage crisis have been avoided with blockchain?


Banking blockchain business economy financial technology George Samman lending loans mortgage risk management technologyThe subprime mortgage crisis, and why distributed ledgers would have been instrumental in lessening its impact. Story by George Samman.

Finovate Alumni News


Around the web: Engage Financial Technology , formerly OnBudget , powers BBVA’s new ClearSpend mobile budgeting app. BlueVine Engage Financial Technology eWise Geezeo OnBudget SecureKey ShopKeep POS Stratos TemenosEastern Bank to pilot Stratos partner program. PYMNTS considers BlueVine’s approach to factoring. SecureKey brings its SecureKey Concierge authentication and ID verification service to the U.S.