PYMNTS

DECEMBER 6, 2018

One of the biggest ways FinTech firms have been able to gain a competitive edge on traditional banks, for small business (SMB) customers, is through relationship-building. Banks are shuttering their physical branch locations at the fastest pace in years, according to The Wall Street Journal ( WSJ ). That is significantly greater than the 26.8

Training 161

Training Fintech Lending Customer Experience 161

PYMNTS

AUGUST 28, 2019

In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. As reported by AltFi , the People’s Bank of China (PBOC) has said that the sector represents a “new” growth engine. The statements were contained in the PBOC’s FinTech Development Plan 2019-2021.

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

AUGUST 4, 2020

Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. Paya is set to merge with FinTech Acquisition Corp. The deal is part of the move toward market consolidation for FinTechs. The deal values Paya at about $1.3 ” Betsy Z.

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Fintech Software Lending Financial Technology 159

PYMNTS

APRIL 30, 2019

Ireland has been ramping up to boost FinTech efforts — a trend that has spanned several countries globally. As reported this past week, per Yahoo Finance , Ireland wants to see as many as 50,000 people employed directly within the country’s international financial services sector, with a target date of 2025. In the U.S.,

Fintech 189

Fintech Regional Operations California 189

PYMNTS

MARCH 6, 2020

The fund will set its sights on FinTechs and financial organizations in Africa, Latin America, India and Southeast Asia. Over the past year, the Accion Quona Inclusion Fund has seen nine investments, which include digital commerce company Ula, digital consumer lending company JULO, end-to-end insurance company Sunday and others.

Capital 141

Capital Fintech Meeting Washington 141

PYMNTS

FEBRUARY 14, 2018

An alternative lending conglomerate based in the U.K. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. just secured more than $97 million through an initial public offering.

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

MARCH 23, 2017

The European Commission is hoping to consult with the public concerning the growing market of financial technology as the agency looks to manage policies in the sector. Last year, the commission setup its financial technology task force in response to the effects of digital innovations changing the banking industry.

Fintech 187

Fintech Policies Innovation Financial Technology 187

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

JANUARY 17, 2019

Goldman Sachs as FinTech player? News came Wednesday (Jan. 16) that growth in Marcus continues apace, and that the online lending and savings offering had logged $35 billion in deposits last year, with growth logged dually in the U.S. News came Wednesday (Jan. and the U.K., and the U.K.,

Strategy 185

Strategy Fintech US Management 185

PYMNTS

DECEMBER 17, 2018

A financial technology company called B-Social has raised £3.2 The FinTech is aiming for a bigger U.K. We recognise that almost all financial transactions are inherently social,” B-Social CEO Nazim Valimahomed said. “We million ($4 million) in funding from undisclosed but high net-worth entities, according to reports.

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Fintech Groups Lending Financial Technology 176

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. For more recent notable news around the B2B API payments space, check out the September edition of the Tracker.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

APRIL 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. Both categories stand to gain from automated financial technologies. Easing The PPP Loan Burden.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

MAY 26, 2017

Mizuho Financial Group , the Japanese financial company, is gearing up to launch a venture in June to create new businesses with FinTech. Mizuho is among a growing list of financial services companies around the globe who are embracing FinTech, whether it’s investing in startups, partnering them or buying them outright.

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Fintech blockchain New York Risk Management 100

PYMNTS

MAY 28, 2018

It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up, a trend that looks certain to continue. The deal is newsworthy because the mainstream view still sees banks and FinTechs as adversaries, each competing for payment and financial services revenue.

Fintech 100

Fintech Examples Pennsylvania Lending 100

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry.

Community 195

Community Lending Maine Resources 195

PYMNTS

JULY 10, 2018

Financial technology seems to be leading the startup charge, representing 40 percent of the largest 10 deals of the year so far, collectively worth $100 million. What Branch does have, however, is some direct experience in the world of micro-lending. So why the boom?

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Lending ATM Online Course 100

PYMNTS

AUGUST 26, 2019

Cred , a global crypto-backed lending and borrowing platform, has announced the addition of two executive team members. Joe Podulka, a 10-year veteran of eBay and PayPal , joins Cred as chief financial officer. He also spent 11 years at eBay/PayPal in a variety of roles in the U.S. and abroad, according to a press release.

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San Francisco blockchain Lending Leadership 186

PYMNTS

AUGUST 25, 2019

And Experian Australia & New Zealand announced that it has acquired FinTech Look Who’s Charging. Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories.

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Data Fintech Lending Regional 109

PYMNTS

JANUARY 21, 2019

Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as the latest example of companies in payments and FinTech gaining licenses to operate in Europe. There, PSD2 was designed to encourage FinTech and payments innovation. Monzo , a U.K.-based,

Trends 185

Trends Payments Fintech Mobile 185

PYMNTS

JULY 10, 2020

Rapyd, the B2B financial technology-as-a-service company, launched an integrated payment solution in Mexico, allowing companies to access all local payment methods through one network, according to a news release. Other investors included Tiger Global, Coatue, General Catalyst, Target Global and Entrée Capital.

Payments 153

Payments America Capital Online 153

PYMNTS

AUGUST 3, 2018

B2B FinTech enjoyed one of its busiest and most lucrative weeks this year so far. In addition to acquisitions — like Barclays’ minority stake in MarketInvoice and Certify’s takeover of Abacus — venture capitalists pumped new funding into the field, with many rounds reaching nine figures. C88 Financial Technologies.

Fintech 104

Fintech Capital blockchain Security 104

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. billion was invested in FinTech startups in Q3 2016 , calculated KPMG and CB Insights in their most recent Pulse Of Fintech report. and Europe dominated in 2015. 83% of U.S.

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Strategy Lending Capital America 100

PYMNTS

SEPTEMBER 15, 2019

The company is currently in talks with FinTechs about a joint application for one of the licenses, said President Ang Tang Chor, adding that Hong Leong would like to attract more millennials and newly established firms to its customer base. “We The FinTechs have one advantage: they lend against data,” Ang said.

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social media Fintech Millennials Lending 116

PYMNTS

DECEMBER 18, 2019

Lendo , a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid faster, according to a report. Lendo is a licensed FinTech sandbox that uses data points and modern underwriting techniques.

Capital 131

Capital Maine Lending Financial Technology 131

PYMNTS

JANUARY 8, 2019

Plaid, the FinTech company that enables developers to create financial services applications, announced Tuesday (Jan. Customers of Quovo include FinTechs such as Betterment, Wealthfront and SoFi, along with traditional wealth management companies such as Stifel, Vanguard, Empower Retirement and John Hancock.

Data 100

Data Fintech Lending Financial Technology 100

PYMNTS

OCTOBER 18, 2019

It was a week of (mostly) Series A funding rounds for B2B FinTech firms, as startups secured new funding to tackle various parts of the broader business-to-business (B2B) payment process. In addition to a strategic partnership with the FinTech, Citi’s venture capital unit Citi Ventures led a $5.5

Analytics 101

Analytics Capital Fintech Technology 101

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank. Oh, what a mere 12 months can do.

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Community Fintech Industry Innovation 216

PYMNTS

MARCH 14, 2019

Canadian financial technology provider Central 1 is linking its credit union customers to a new solution designed to streamline accounts receivable for small businesses. ” Credit unions are increasingly collaborating with FinTechs in a bid to enhance their small business services. ”

Payments 148

Payments Tools Online Resources 148

PYMNTS

FEBRUARY 26, 2018

The Office of the Comptroller of the Currency is examining the Community Reinvestment Act, which in part means that rules governing short-term lending may be reversed, and would let community banks compete more directly against payday lenders. FinTech Innovation and Cooperation in the Cards? Last Monday (Feb.

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Regulation Bitcoin Innovation Fintech 101

PYMNTS

JULY 2, 2020

As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation. Targeted toward businesses with contract workers, Galileo’s new solution, Galileo Instant, facilitates debit card program rollout in as quickly as two weeks for employers.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

JANUARY 27, 2021

In a newly-announced partnership, B2B payments solution provider Billtrust is working with integrated payment solution technology firm REPAY Holdings to streamline supplier payment workflows with a particular focus on expanding virtual card adoption.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

MAY 10, 2018

Businesses are largely behind the push, with government initiatives promoting a digital economy and FinTech innovators targeting corporate payments and finance in addition to their consumer-focused endeavors. With BCG and SWIFT urging banks to take “immediate action,” some banks have chosen to pivot away from corporate lending.

Lending 100

Lending Analytics Retail Boston 100

Fintech Labs Insights

FEBRUARY 9, 2017

Vantiv to provide debit, credit, and ATM processing services for Financial Technology Solutions International. Join Vantiv at FinDEVr New York next month. Tradeshift clients gain access to Biz2Credit ‘s small business lending marketplace courtesy of new agreement. Around the web.

Massachusetts 12

Massachusetts New York ATM Lending 12

PYMNTS

AUGUST 27, 2019

One of the largest factors that sets credit unions (CUs) apart from large banks and FinTech providers is their emphasis on member relations. For more on these and other credit union news items, download this month’s Tracker. How California Coast Credit Union is Transforming in the Digital Age.

Data 122

Data Report Los Angeles California 122

PYMNTS

JUNE 27, 2019

That has been the experience at CO-OP Financial Services , President and CEO Todd Clark told Karen Webster in a recent conversation. Credit unions are very engaged in a variety of areas: auto lending, home lending, checking accounts.

Payments 100

Payments ATM Lending United States 100

PYMNTS

JANUARY 20, 2020

In the event that there was significant ongoing demand by households for CBDC, the implication would be … a fall in commercial bank deposits, and a reduction in the availability of funds for lending to households and businesses.”. Consider the fact that, as the paper noted, there seems to be uncertainty about demand for a CBDC.

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Retail Payments Bitcoin Policies 219

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Open Financial Technologies. India’s Open Financial Technologies raised $4.6 Chainalysis also plans to open an office in the U.K

Capital 122

Capital cryptocurrency Operations Financial Technology 122