PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Department of the Treasury that charters and regulates financial institutions. Varo is the first consumer FinTech to receive a new national bank charter from the U.S.

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

JANUARY 26, 2021

When it comes to the Chinese government and its regulators, it’s hard to read the tea leaves. Bloomberg reported that People’s Bank of China Governor Yi Gang said regulatory agencies are, in relation to Ant, still looking into issues surrounding potential monopolies.

Regulation 238

Regulation Groups Financial Technology Online 238

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. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

OCTOBER 16, 2019

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. The fact is that the financial system … is the most heavily regulated part of the economy. He said that regulation is an important aspect of the field.

Fintech 116

Fintech cryptocurrency Regulation System 116

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise.

Video 130

Video United States Mobile Payments 130

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.

Fintech 139

Fintech Capital Financial Technology Industry 139

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. There were 1,436 fintech deals globally, attracting $17.4bn in investment, Innovate Finance says, with China outpacing the US for the first time. But globally, investment rose 10.9%.

Fintech 150

Fintech Capital Innovation US 150

PYMNTS

NOVEMBER 24, 2016

is already a hotbed of FinTech startups, but the government is getting behind it in a bigger way, committing to invest £500,000 a year into financial technology companies. According to a report , the U.K. The funds, noted the report, will come out of the Department of International Trade. The government in the U.K.

Fintech 100

Fintech New York Financial Technology Regional 100

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

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

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

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

JANUARY 21, 2021

It all started in November when the Shanghai Stock Exchange acted to delay his Ant Group’s plan to go public, after he met with Chinese regulators. Bloomberg reported Thursday (Jan. But China’s financial regulators are starting to view it as being more like a bank. That was then.

Regulation 140

Regulation Groups Video Online 140

PYMNTS

JULY 19, 2018

Traditional banks and other financial institutions are undergoing tremendous pressure right now to compete in an environment where they are faced with enormous scrutiny from government regulators looking to mitigate risk. Using API technology, customers can integrate Santander’s cash management solutions into existing ERP systems.

Fintech 117

Fintech blockchain Technology Examples 117

PYMNTS

FEBRUARY 16, 2017

“The IMTFI has established itself as the premier research center on the impact of financial technology — FinTech — on people’s personal and commercial banking practices, and we look forward to helping credit unions continue to create opportunities that meet the demands of changing consumer behavior.”.

Fintech 108

Fintech Financial Technology California Study 108

PYMNTS

AUGUST 2, 2016

In looking ahead at the near-term emergence of FinTech markets, the U.S. Department of Commerce’s International Trade Administration said in its “ 2016 Top Markets Report Financial Technology ” that Asia will hold sway over other regions. Department of Commerce in the report. Payment services, with … 17.6

Fintech 100

Fintech US Big Data Trends 100

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

SEPTEMBER 30, 2016

Major cities in Europe may not be the only ones after London’s FinTech crown. A new reported from the Association of Chartered Certified Accountants (ACCA) stated that Singapore’s fast-growing and lucrative FinTech sector is standing out as many larger rivals around the world are impacted by regulatory challenges and political turmoil.

Fintech 100

Fintech Regional Policies System 100

PYMNTS

JULY 17, 2020

As the one-time darling of Europe’s financial technology (FinTech) community faces insolvency with the debt of nearly $4 billion, some lenders said there are few buyers willing to pay cents or euros on the debt. Once a $28 billion FinTech leader, Wirecard has reported debt of nearly $4 billion after it revealed that $2.1

Fraud 150

Fraud Community Groups Regulation 150

PYMNTS

MAY 22, 2018

At the top of the list, according to reports, is incoming FinTech disruption, legislation like PSD2, market shifts stemming from Brexit and more. According to reports in Global Finance , an estimated 1,100 corporate treasurers from across the U.K. Reports noted that Taylor pointed to the increasing role of APIs in a PSD2 world.

Fintech 122

Fintech Conference Survey Management 122

PYMNTS

OCTOBER 1, 2020

In today’s top payments news around the world, the United Kingdom may clamp down on late payments to suppliers, while South Korean FinTech Kakao Pay is reportedly gearing up for an initial public offering (IPO). It is working with over 20 financial institutions to create the service. Korean FinTech Kakao Pay Preps For IPO.

Payments 130

Payments Fintech Google Financial Technology 130

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

NOVEMBER 27, 2019

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! The ECB has been open to the idea, and could already be experimenting.

blockchain 236

blockchain Innovation System Financial Technology 236

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. Globalization. Payments Rails.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

JANUARY 26, 2017

Still, according to the latest Mercator Advisory Group report on FinTech disruption, B2B payments will have to wait a bit longer to see true change from these innovations. The firm released its 2017 Payments Outlook report last week and made some conclusions that B2B FinTech players may find disappointing.

Innovation 100

Innovation Payments Regulation Fraud 100

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

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

Chris Skinner

MARCH 19, 2018

I had a chat with The Financial Times the other day, and provided lots of background as to why I don’t think cryptocurrencies are the choice of criminals.

cryptocurrency 310

cryptocurrency Maine Financial Technology Technology 310

PYMNTS

AUGUST 19, 2016

The Future Of FinTech? Japan’s Financial Services Agency (FSA) announced its own plan to boost the FinTech market by making it easier for companies to collaborate with the financial technology industry. “FinTech will have a big impact on financial services.” Making Startups Thrive.

Fintech 100

Fintech Mobile Guidelines System 100

PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.

Data 173

Data Google Fintech Groups 173

NCR

JUNE 7, 2017

These financial technology, or fintech firms, have often been seen as a threat to legacy players, but there’s an increasing recognition that they can also present huge opportunities, if banks are able to effectively collaborate with them. Fintechs are more agile, higher risk tolerant and closer to what consumers want.

Fintech 80

Fintech Cyber Security Innovation Examples 80

CFPB Monitor

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

Lending 60

Lending Fintech California Survey 60

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

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

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.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

CFPB Monitor

JANUARY 13, 2020

The governors of California and New York have both proposed to expand the authority of their respective state’s consumer financial services regulator. Licensing and examining new industries “that are current under-regulated”. Establishing a new Financial Technology Innovation Office. California.

CA 78

CA California New York Regulation 78