PYMNTS

JULY 1, 2020

A group of big European banks is planning to challenge Visa ’s and Mastercard ’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. . A so-called “scheme manager” will be the central governing body, the online news service reported.

System 327

System Payments Cards Groups 327

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. But it has also led to two firms controlling more than 90% of the mobile payments market.”

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

MARCH 7, 2019

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Ant noted DCBP is the first co-developer service in its technology product portfolio.

Technology 198

Technology Financial Technology Management Capital 198

PYMNTS

NOVEMBER 2, 2020

The People’s Bank of China (PBOC) and regulators from three Chinese agencies are interviewing Ant Group Founder Jack Ma, Chairman Eric Jing, and CEO Simon Hu about the upcoming $37 billion initial public offering (IPO), according to a Financial Times report on Monday (Nov. Shares are scheduled to begin trading on Thursday (Nov.

Groups 131

Groups Regulation Financial Technology Report 131

PYMNTS

FEBRUARY 16, 2020

We are focused on investing in companies that could achieve long-term profitability,” Andres Freire, a managing partner and head of SoftBank’s Southern Cone region, said during a roundtable with reporters in Buenos Aires. . In 2019, Softbank invested $130 million in Kaszek Ventures and bought a $100 million stake in Valor Capital Group.

Fintech 174

Fintech America Regional Capital 174

PYMNTS

OCTOBER 23, 2018

The SBI Group plans to license Sepior ApS ’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. Work remains to be done to determine how it can be set up to maximize the benefits for the whole financial system.”.

Bitcoin 191

Bitcoin blockchain Groups System 191

PYMNTS

AUGUST 4, 2020

Grab Financial Group (GFG), a Southeast Asia financial technology (FinTech) and ridesharing company, is expanding its reach with the announcement on Tuesday (Aug. 4) that it will offer consumer loans in Singapore along with wealth management products. Grab also has received $2.6

Strategy 137

Strategy Management Groups Regional 137

BankInovation

JULY 22, 2021

Simon Markets, a financial-technology platform that spun out of Goldman Sachs Group Inc., The funding round will enable the New York-based firm, which counts financial advisers as users, to expand into alternatives like private equity and hedge funds, as well […].

New York 98

New York Financial Technology Groups Security 98

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

Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects. Digital Engagement Had Great Attendance and Extracurriculars.

Fintech 195

Fintech Lending Software Compliance 195

CB Insights

AUGUST 17, 2021

The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank.

Capital 78

Capital Operations California Regional 78

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. .”

Payments 294

Payments blockchain System Bitcoin 294

PYMNTS

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. percent through 2028, according to Boston Consulting Group. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

JULY 6, 2020

Paytm, the eCommerce payment system and financial technology company based in India, has announced plans to purchase Raheja QBE General Insurance Co. Last fall, Paytm had a deal to secure $2 billion in a new financing round in preparation for competition with other payment services, including Facebook’s Libra and Flipkart’s PhonePe.

Financial Technology 181

Financial Technology Strategy Groups Innovation 181

PYMNTS

MARCH 22, 2020

Spend management startup Teampay is introducing the Controller Collective, a Slack -based exchange to assist controllers and senior accounting professionals, Teampay said in a statement on Friday (March 20). The advisory board is comprised of leaders from high-growth businesses in complementary sectors — Eden Health , Toast and more.

Operations 131

Operations Financial Technology Online Community 131

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. The winners in BaaS will be outstanding risk managers – not risk eliminators.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

PYMNTS

JANUARY 7, 2019

fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. With the service, Missguided customers can opt to pay for their selections up to 30 days following delivery. ”

Cards 168

Cards Groups Payments Regional 168

PYMNTS

DECEMBER 4, 2019

A group of former software developers from Morgan Stanley have created a cryptocurrency derivatives exchange that will reportedly execute trades in less than a millisecond for both retail and institutional investors. Phemex has been in the beta testing phase for several weeks, and started trading on Nov. These things will just take time.”.

Bitcoin 131

Bitcoin blockchain New York cryptocurrency 131

William Mills

MAY 23, 2017

William Mills Agency , the largest independent public relations and marketing firm specializing in the financial industry, announced that Heather Sugg, Mary York and David Jones have been named as Group Directors and have joined the agency’s management team.

Management 54

Management Atlanta Georgia Florida 54

PYMNTS

SEPTEMBER 11, 2019

Financial technology company Dwolla has announced it is teaming up with global payments platform Currencycloud so that its clients can facilitate international payments. Launched in 2008, Dwolla has helped move billions of dollars for millions of end-users annually for a variety of businesses.

Payments 129

Payments United States Fintech Customer Experience 129

PYMNTS

AUGUST 2, 2020

Rosati got a $30,000 PPP loan from a financial technology company and transferred the funds to Grasshopper Bancorp Inc. , Greenwood Village, Colorado-based Doida Law Group LLC moved its business from Wells Fargo & Co. a New York-based startup bank that launched last year. to InBankshares Corp.

Minneapolis 173

Minneapolis Denver New York Capital 173

FICO

SEPTEMBER 30, 2022

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal, CFA senior research manager, The Asian Banker.

Meeting 52

Meeting Analytics Management Strategy 52

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. RICP, having reached the hard cap of 1 billion [U.S.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

FEBRUARY 14, 2018

The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd., TruFin Chief Executive Officer Henry Kenner said, “The highly experienced management team at TruFin and our group companies are passionate about the opportunities to grow our niche lending businesses.

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

JULY 27, 2020

Scott Talbott, vice president of government affairs at the Electronic Transactions Association, an industry trade group, told the newspaper banks and card processors like Wirecard are expected to detect and reduce fraud. The financial technology company faces insolvency with debt of nearly $4 billion, after it was revealed that $2.1

Report 151

Report Fraud Cards Financial Technology 151

Payments Source

SEPTEMBER 27, 2016

Aquiline Capital Partners, a New York-based private equity firm focused on investing in financial services and financial technology companies, announced Tuesday the creation of a new holding company that will acquire businesses focused on developing software used to manage and collect payments from groups and organizations.

New York 60

New York Payments Financial Technology Software 60

PYMNTS

MARCH 16, 2018

They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics. The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation.

Security 100

Security Payments Boston Fraud 100

PYMNTS

AUGUST 22, 2016

Reports late last week said Levvel, an IT consulting firm, reached a deal to acquire financial advisory and research group PayStream Advisors. In a statement, Levvel Payment Practice Lead Scott Harkey said the deal will help the advisory group gain stronger footing in the B2B payments space.

Payments 100

Payments Groups Financial Technology Meeting 100

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 PYMNTS breaks down all the latest B2B funding rounds below.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

APRIL 26, 2018

Mastercard and IFC , a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. Mastercard said its work with the World Bank Group is helping to increase universal financial access by 2020.

Marketing 121

Marketing Payments Risk Management Groups 121

PYMNTS

JULY 23, 2019

According to the publication, citing reports from Beijing media group Caixin Media, banks will be required to obtain primary, original documentation from the corporate borrower and its trading partner to stronger finance underwriting. Technology, he said, is key to that endeavor. “As Regulators Step In.

Fraud 128

Fraud Regulation Report Management 128

PYMNTS

JANUARY 25, 2019

It is, in part, why businesses are digitizing and adopting technology, as they look toward software solutions that can unlock information more quickly. The race to digitize has introduced a new conundrum in corporate data management, however. the financial services industry has taken on the issue of a lack of API standardization. .”

Data 173

Data Survey Analysis Software 173

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. If we try to pursue business innovation within the bank, we have to ask around for permission from people in risk management, compliance and others.

Fintech 100

Fintech blockchain New York Risk Management 100

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. Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space.

Innovation 100

Innovation Payments Regulation Fraud 100

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. IBM keynote.

Conference 70

Conference Fintech blockchain Compliance 70

CFPB Monitor

MAY 18, 2016

” The forum will bring together representatives from banks, financial technology companies, and community and consumer groups to discuss developments, opportunities, and challenges related to financial innovation. On June 23, 2016, the OCC will hold a forum in Washington, D.C.

Innovation 68

Innovation Washington Risk Management Fintech 68

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. A company’s primary line of business is implied by its current serviceable addressable market (SAM), management guidance, marketing materials, press releases, clientele, and/or partnership activity.

Fintech 93

Fintech Marketing US Technology 93