Insights on Business

MARCH 12, 2018

Gene Ludwig, the CEO and founder of Promontory Financial Group , recently sat down with Bloomberg Law in a wide-ranging interview to discuss his predictions for the future of RegTech, blockchain, and where he sees the markets going in the next three to five years. Learn more about Gene Ludwig and Promontory Financial Group.

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Groups blockchain cryptocurrency Regulation 79

PYMNTS

JANUARY 21, 2021

In today’s top payments news around the world, Mynt is reportedly seeking more funding following a $175 million round, while WeTrade Group is seeking to raise roughly $121 million in its transfer from the OTC board to Nasdaq. Securities and Exchange Commission (SEC). Ant-Backed Mynt Seeks More Funding On Heels Of $175 Million Round.

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Policies Payments Groups Bitcoin 149

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). USD) a year into financial technology companies. has been a hotbed of FinTech startups.

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Guidelines Fintech Retail Financial Technology 192

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.

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Groups Regulation Financial Technology Report 131

PYMNTS

JANUARY 24, 2020

The crypto could be a joint effort between private firms and the government, which would help Japan tap into worldwide shifts in financial technology, as the Parliamentary Vice Minister for Foreign Affairs Norihiro Nakayama told Reuters. The first step would be to look into the idea of issuing a digital yen,” Nakayama said.

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cryptocurrency Financial Technology Report Groups 252

Payments Source

SEPTEMBER 6, 2019

Goldman Sachs Group Inc. is making another bet on a Latin American financial-technology startup, providing a secured credit facility of as much as $100 million to Mexico’s Konfio Ltd.

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Lending Fintech Financial Technology Groups 76

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.

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Data Google Fintech Groups 173

PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. It reported nearly $4 billion of debt to creditors, after it revealed that $2.1

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Regulation Guidelines Groups Report 141

PYMNTS

AUGUST 2, 2020

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one. to InBankshares Corp.

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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.

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Financial Technology Strategy Groups Innovation 181

PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks.

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Strategy Innovation Fraud Security 123

PYMNTS

SEPTEMBER 18, 2019

Speaking about stablecoins, which are cryptocurrencies backed by more traditional financial products, like fiat currency, securities or gold, Scholz said, “We cannot accept a parallel currency. It also will discuss how to deal with potential problems and challenges that come from using digital financial technologies.

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cryptocurrency blockchain Policies Groups 135

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

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Fintech Lending Software Compliance 195

PYMNTS

SEPTEMBER 24, 2019

“Now, helping make SWIFT Cloud Connect real, we are pleased to collaborate with Microsoft to leverage their cloud expertise and advance the frontiers of financial technology, offering a new level of service for SWIFT participants.”. Using a cloud-based solution will boost transaction speed, consistency and security.

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Payments New York Security Operations 119

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. The card will support currencies from Australia, Japan and the U.S., 7) that they have completed their merger. ”

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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.”.

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Bitcoin blockchain New York cryptocurrency 131

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. At the start of the year, Mitsubishi UFJ Financial Group invested more than $700 million in Grab. Grab also has received $2.6

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Strategy Management Groups Regional 137

Chris Skinner

MAY 12, 2017

He is also one of the Top 5 most influential people on BankInfoSecurity’s list of information security leaders, as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal.

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Regulation Capital Fintech Innovation 255

Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

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Management Payments Innovation Technology 113

Perficient

JULY 11, 2022

I used Afterpay for the shoe purchase because it allowed me to not take as big of a hit to my bank account at a time when I had more expenses than usual occur all at once so that I could feel more financially secure as I awaited my next paycheck. Looking Ahead in the BNPL Landscape.

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Fintech Trends South Dakota Apple 474

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. The company recently announced $7.7

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Fintech Payments Oregon Cards 209

PYMNTS

FEBRUARY 14, 2018

just secured more than $97 million through an initial public offering. The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd., An alternative lending conglomerate based in the U.K. reports noted.

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Lending Capital Groups Financial Technology 122

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. .”

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Payments blockchain System Bitcoin 294

PYMNTS

JUNE 29, 2020

The report said firms such as Pockit, the London-based financial technology company that offers an alternative to traditional banks, and U Account, the Sheffield, England digital bank, a subsidiary of subprime lender Morses Club PLC that provides finance to poorer clients, are among those hardest hit. authorities.

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Taxes Report Financial Technology Digital Banking 223

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. Our Banking and Financial Services and Retail industry groups add further depth and specialized knowledge.

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Fintech United States cryptocurrency Groups 60

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.

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Conference Fintech blockchain Compliance 70

PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. JPMorgan Ups Security By Blocking FinTechs From Passwords.

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Fintech Payments Digital Banking America 133

PYMNTS

DECEMBER 24, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . But as with any nascent payments technology, the bad guys are always lurking – especially with cryptos, where anonymity is prized.

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cryptocurrency Bitcoin Course Boston 258

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. Reuters noted that Yamada wouldn’t say more about the projects but did say the venture is gearing up to conduct an export transaction in June using blockchain technology.

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Fintech blockchain New York Risk Management 100

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

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Report Fraud Cards Financial Technology 151

PYMNTS

FEBRUARY 15, 2019

Open Financial Technologies. India’s Open Financial Technologies raised $4.6 Nav links SMBs to their business credit score data, while connecting them to financiers. challenger bank to secure funding. Chainalysis also plans to open an office in the U.K OakNorth operates in the U.K. Starling Bank.

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Capital cryptocurrency Operations Financial Technology 122

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 manages the financial technology and innovation research at The Asian Banker.

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Meeting Analytics Management Strategy 52

PYMNTS

AUGUST 7, 2018

KPMG reports that investment in technology overall has touched a new high of as much as $8 billion in the second quarter of this year, and through the first half of the year, FinTech investments touched more than $14 billion from $12.2 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

NOVEMBER 21, 2018

There is significant room for improvement in the cross-border payments space,” said Scott Hendry, Bank of Canada’s senior special director of financial technology, in another statement. Major changes are being proposed by current service providers, as well as startups that regulators need to research to better understand.”.

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Payments Innovation National System 123

PYMNTS

JANUARY 3, 2020

JPMorgan Ups Security By Blocking FinTechs From Passwords. Sometimes, DPO Group CEO Eran Feinstein told Karen Webster, a large paradigmatic shift can fly under the radar, if it looks just different enough from what the world is used to seeing. It all depends on how closely the world is looking — and what exactly it expects to see.

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Payments Samsung America Trends 108

Insights on Business

OCTOBER 16, 2018

The IBM team will present on a variety of topics ranging from AI to the future of payments to the current trends in financial services. These small group sessions allow for quality time with some of our best experts in financial services. Maura K Schoonmaker, IBM Program Director, System z Banking and Financial Markets.

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Fraud Customer Experience Analytics blockchain 117

Insights on Business

SEPTEMBER 21, 2018

Every year, Money20/20 is one of my favorite conferences because I get to hear firsthand how leaders are reinventing financial services and are making fundamental shifts in technology, processes, people–and ultimately their own markets–to deliver better customer experiences, build skilled workforces, and solve industry-wide challenges.

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