PYMNTS

JANUARY 22, 2019

At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way to gain customers’ trust and innovate new ways for customers to interact with their finances. On Tuesday (Jan. On Tuesday (Jan.

Fintech 194

Fintech Apple User Experience Examples 194

PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. The report noted that banking systems embedded on mobile phones are popular in emerging markets, including in China, India and Kenya , driven in part by private-sector FinTechs.

Fintech 173

Fintech System Mobile Payments 173

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. Yelo also plans to expand its team and invest in product development and sales, reports said.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

APRIL 9, 2020

Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. ” Reports noted the importance of SWIFT expanding into the SMB payments arena beyond high-value complex corporate transactions. Sila Raises Funding to Nix ACH. Billhop Eases B2B Card Acceptance.

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Fintech Payments Oregon Cards 209

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. But in a new PYMNTS interview on Tuesday (Dec. But that’s not all. “We

Fintech 144

Fintech Lending Regional Regulation 144

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. It will mark the first efforts to put the $1 billion to work, noted the report.

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Fintech Capital Online Financial Technology 123

Bobsguide

SEPTEMBER 19, 2022

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

Fintech 68

Fintech Taxes Customer Experience Industry 68

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. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

OCTOBER 29, 2018

Berkshire Hathaway, the Warren Buffett investment company, has been getting in on the FinTech market, investing hundreds of millions of dollars during the past few months. According to the report, the investments were prompted by Todd Combs, a portfolio manager at Berkshire. Paytm is India’s biggest digital payments company.

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Fintech Capital Financial Technology Industry 139

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. The second are firms that are attempting to operate as normal to hit their earnings and expansion goals.

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Fintech Technology Operations Company 166

PYMNTS

MAY 29, 2018

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Rocket Internet owns majority stakes in HelloFresh and Global Fashion Group.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. OneConnect is the financial arm for Ping An Insurance, the largest insurer in China.

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Bitcoin blockchain social media Fintech 144

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The service, offered by a network of banks in the Nordics, has been adopted by more than 10,000 registered businesses, the FinTech company said.

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Fintech Cards Regional Management 248

PYMNTS

DECEMBER 6, 2020

will hire 200 people before launching publicly in early 2022, Bloomberg reported. Bloomberg reported that Charles Wong , who will be chief executive of the new digital bank, said in an online briefing Friday night that the 200 new hires will work in technology in general — and in some cases, financial technology in particular.

Digital Banking 170

Digital Banking Operations US Financial Technology 170

PYMNTS

AUGUST 7, 2018

If money is a vote of confidence, via investments, then confidence is strong in the tech sector, and specifically for FinTechs. Unlike the broader VC market, early-stage FinTech companies have continued to attract a solid flow of capital in the U.S., But there can be a sea change afoot that can mix things up a bit. The way it will go?

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Fintech National Course Capital 101

PYMNTS

AUGUST 30, 2016

Singapore is preparing for a FinTech revolution. The small nation is making a big push in support of FinTech innovation by reforming its payment laws. “It would also give MAS the flexibility to address emerging risks, such as cybersecurity, interoperability, technology and money laundering and terrorism financing.

Fintech 117

Fintech National Regulation Innovation 117

PYMNTS

AUGUST 30, 2016

Singapore is preparing for a FinTech revolution. The small nation is making a big push in support of FinTech innovation by reforming its payment laws. “It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing.

Fintech 101

Fintech Cyber Security National Regulation 101

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. Ventura County Credit Union will purchase LA Financial Credit Union, giving the combined CU 120,000 members and $1.3 billion in assets.

Data 122

Data Report Los Angeles California 122

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. PYMNTS dives into the report to examine the biggest data points. Two-thirds said they operate in more than one country, and a third said they have a presence in more than 20 countries.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

SEPTEMBER 29, 2020

He added that the new partnership “will provide great benefit not only to banks and central infrastructures” but to merchants, their customers and financial technology companies (FinTechs). The report looks at real-time, account-to-account payment volumes in 30 global markets.

Payments 248

Payments System cryptocurrency Regional 248

PYMNTS

JUNE 29, 2020

billion accounting scandal, but restrictions on the collapsed German payments company will stay, Reuters reported. “We We cannot lift the restrictions without reassuring ourselves that the firm has been able to satisfy all our concerns, for example that all clients’ money is safe,” the Financial Conduct Authority (FCA) said in a statement. “We

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

OCTOBER 22, 2018

financial technology startup backed by Goldman Sachs , is expanding overseas. Investing.com , citing a Reuters report, said that the company, which helps other startups issue payment cards, has set its sights on London and has already hired five employees and signed up customers. than the startups operating out of the U.S.

Las Vegas 142

Las Vegas Cards Conference Capital 142

PYMNTS

JUNE 25, 2020

The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers. Now more than ever, navigating uncertain times requires operational continuity, automation and expedited payment processes for businesses,” Boost Founder and CEO Dean M.

Payments 130

Payments United States Chicago Cards 130

PYMNTS

JANUARY 15, 2019

-based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. The funds will be used to more than double its current headcount of about 50, reports said.

Security 143

Security US Payments Big Data 143

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). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

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Capital cryptocurrency Operations Financial Technology 122

CFPB Monitor

FEBRUARY 13, 2017

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. Big data report. Fintech forum. In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers.

Report 68

Report Big Data Lending Survey 68

PYMNTS

NOVEMBER 5, 2018

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. Tencent is collaborating with Linklogis to build the solution, reports said.

blockchain 151

blockchain Meeting Operations Financial Technology 151

PYMNTS

JANUARY 14, 2021

The Clearing House's real-time payments offering, the RTP ® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week's Payment Rail Innovation roundup. The technology will facilitate instant payments for merchants, businesses, FinTechs, government entities and individuals.

Vermont 157

Vermont System Innovation Payments 157

PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. The city is able to attract investors due to its low logistical and operational costs and excellent infrastructure, international outlook and liberal government policies. FinTech Hive Generates Buzz.

Fintech 100

Fintech Regional Innovation Leadership 100

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Data 219

Data Technology Operations Innovation 219

PYMNTS

AUGUST 8, 2019

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The latest lab will aim to promote collaboration between the bank’s employees, corporate clients and FinTech partners to develop new financial services for businesses.

Innovation 100

Innovation San Francisco Leadership Big Data 100

PYMNTS

OCTOBER 4, 2019

That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. Legacy payment providers are looking for ways to innovate in the ways that [FinTech firms] do, and to avoid duplicative costs.”. Recent Trends.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

DECEMBER 9, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. 9), citing sources.

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North Carolina Nashville Charlotte Boston 130

PYMNTS

NOVEMBER 13, 2018

continue efforts to boost competition in the financial services (FinServ) space, much of their attention has landed on small companies’ ability to switch banking providers, should they choose to do so. Their key motivation, the report found, was to access enhanced FinTech. As Europe and the U.K.

Survey 128

Survey Fintech Analysis Report 128

PYMNTS

DECEMBER 24, 2020

Square, for example, said in its latest earnings report that revenue from bitcoin trading came to $1.6 As reported, the company also said bought $50 million of bitcoin to hold on its balance sheet. At a high level, that means helping crypto companies and FinTechs come to market with crypto payments across the Visa rails.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

JULY 2, 2020

Boost will enable straight-through-processing for BMO Harris Bank’s Approve2Pay Corporate Card solution, enabling that card product to facilitate automated processing, remittance reporting and efficiencies for both buyer and supplier. ” Mastercard, EedenBull Expand Into APAC. Global Cash Card’s Legal Saga Ends.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

blockchain 101

blockchain Software Fintech Maine 101