PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. The Fed And FinTech Firms. As reported, Singapore has been working on other cross-border initiatives as well.

Fintech 211

Fintech San Francisco National Innovation 211

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. It takes significant financial resources to maintain the entire payment contraption — and it also requires funding to add to that system from a capital improvement or innovation perspective in addition to the people costs.

Company 209

Company Fintech Payments Software 209

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.

Fintech 159

Fintech Software Lending Financial Technology 159

PYMNTS

MARCH 17, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. China has become an emerging FinTech market due to its expanding middle class, rapid digitization and electronic payments adoption.

Regulation 192

Regulation Fintech Phoenix Risk Management 192

PYMNTS

AUGUST 3, 2018

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability.

Fintech 115

Fintech United States Regulation Innovation 115

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 payment system, called CoDi, is slated to launch in March. It’s not clear whether a state system in Mexico will be easy to use.

Fintech 173

Fintech System Mobile Payments 173

PYMNTS

OCTOBER 6, 2020

Razer Fintech and Visa have unveiled a new prepaid card, dubbed the Razer Card, now in its test phase. The Singapore-based financial technology company said the move is part of its goal of establishing “the world’s first global youth bank.”. The rewards setup will be “ gamified” and use an in-app system.

Cards 150

Cards Fintech Millennials Training 150

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. As a new national bank, Varo joins the world’s most respected system of financial institutions and has the opportunity to become a household name as many other national banks have become.”.

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National Fintech San Francisco Connecticut 172

PYMNTS

APRIL 9, 2020

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. Billhop Eases B2B Card Acceptance.

Fintech 209

Fintech Payments Oregon Cards 209

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

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money in India would be reportedly based on Unified Payments Interface (UPI), the real-time payment system of the National Payments Corp. of India (NPCI).

San Francisco 186

San Francisco Fintech Analytics New York 186

Bank Innovation

MAY 14, 2018

Most veterans of the financial technology space can confess to some cynicism about new technology and products. Consumers, especially those with genuine day-to-day financial struggles, don't seem to see much improvement. We're all still waiting for blockchain and mobile payments to transform the financial system.

Fintech 170

Fintech blockchain Financial Technology US 170

Bobsguide

SEPTEMBER 19, 2022

Banks are depending on the cloud to build better systems for the future, but legacy technology is holding 62% of them back. The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Financial companies are doubling down on IT.

Fintech 68

Fintech Taxes Customer Experience Industry 68

Bank Innovation

APRIL 29, 2019

BNY Mellon's three key financial technology executives added last month were given the directive to pursue investments and fintech partnerships in natural language processing, rule-based automation systems and robotic process automation (RPA), Bank Innovation has learned. The initiatives had previously not been disclosed.

Technology 199

Technology Financial Technology Innovation Fintech 199

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Visa Launches FinTech Collaboration Initiative In Europe. Poland's mBank Taps Treasury Pricing FinTech.

Fintech 220

Fintech User Experience System Data 220

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. That’s not hubris,” he said.

Fintech 116

Fintech cryptocurrency Regulation System 116

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Financial condition and competitive market environment and client base. Legal and regulatory compliance.

Community Bank 78

Community Bank Community Fintech Company 78

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.

Bitcoin 144

Bitcoin blockchain social media Fintech 144

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?

Fintech 101

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

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.

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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. It’s not like building nuclear reactors or railway systems. It takes forever,” said the executive.

Fintech 100

Fintech blockchain New York Risk Management 100

PYMNTS

JANUARY 17, 2019

Financial technology services company WEX is going to acquire Discovery Benefits (DBI) , an employee benefits administrator, the company announced on Thursday (Jan.

Fintech 162

Fintech Taxes Technology Financial Technology 162

Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Some even say that blockchain will be the most influential FinTech technology of 2018.

Fintech 129

Fintech blockchain Fraud United States 129

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

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 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

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. Chinese regulators are looking to strengthen the rules for FinTechs. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he said. The company did not elaborate.

Groups 242

Groups Cards Regulation Fintech 242

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

CFPB Monitor

NOVEMBER 20, 2019

The Task Force on Financial Technology of the House Financial Services Committee has scheduled a hearing entitled “ Banking on Your Data: The Role of Big Data in Financial Services ” on November 21, 2019. Associate Professor of Computer Science, Brown University and Chief Scientist, Aroki Systems.

Big Data 60

Big Data Financial Technology Data Technology 60

Bobsguide

MARCH 14, 2022

Profile Software , the leading financial solutions provider, announced today the selection of Axia by Cirdan Capital, a financial technology company in the UK founded in 2014, that specialises in the issuance of structured investment products, to complete the proprietary technology of its platform.

Capital 78

Capital Operations Fintech Software 78

PYMNTS

JANUARY 21, 2019

Luckily, Clark said he’s seen a shift in businesses’ willingness to explore the process, with organizations more easily convinced of the financial transformation benefits as they see their industry peers digitize. Looking Ahead. After the first (and second) steps are made, the next moves will often fall into place.

System 188

System Payments Technology Tools 188

CFPB Monitor

JULY 17, 2019

As readers of our blog know, our consumer financial services group has been at the forefront of legal developments involving new technologies. Click here for more information about the team and its experience in providing regulatory guidance, advice on product development and transactions, and handling litigation.

Fintech 60

Fintech United States cryptocurrency Groups 60

PYMNTS

JUNE 9, 2020

Nium , a financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s FinTech Fast Track program. The company said in a prepared statement : “Currently, business owners rely on outdated card management systems as part of their corporate bank accounts.

Cards 134

Cards Financial Technology System Management 134

PYMNTS

SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms. ACI is a payment-systems company headquartered in Naples, Fla.

Payments 248

Payments System cryptocurrency Regional 248

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. Leveraged by tremendous customer data, Chinese Fintech companies have an edge over their Western counterparts in innovation applications.”. China could improve its regulatory technologies. Financial Services. Blockchain.

System 28

System Fintech blockchain Innovation 28

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! DLT would also help in terms of cross-border payments, he said.

blockchain 236

blockchain Innovation System Financial Technology 236