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MARCH 26, 2019

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release.

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PYMNTS

JULY 21, 2020

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). The review is expected to be completed early next year.

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PYMNTS

MARCH 6, 2020

Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems. Faster payments are filtering into the transportation industry as well.

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Chris Skinner

JULY 18, 2017

Now that it has burst, the interview seems quite prescient so, here it is … UBS interview with Chris Skinner Cryptocurrencies – digital currencies based on encryption – are in the midst of a bubble, but that should not overshadow the genuinely transformative change that is taking place within the financial services industry.

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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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Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Banking Resources.

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PYMNTS

JULY 31, 2018

Welcome to The Axis, your late look at payments news from around the world. Europe’s Billon has signed a letter of intent with financial technology provider FIS to explore joint product development and sales opportunities for its corporate blockchain solutions. Coverage includes Accenture ’s FinTech Innovation Lab Asia-Pacific.

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PYMNTS

JUNE 13, 2019

In addition to ride-hailing, the company’s GrabPay service lets users order food and pay for rides, and the firm is growing into financial services like insurance and lending. The company also debuted a platform for financial technology last year. The news comes as Grab raised over $4.5

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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. For more recent notable news around the B2B API payments space, check out the September edition of the Tracker.

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PYMNTS

JULY 7, 2020

FinTech AeroPay has launched a new suite of digital payment solutions intended for cannabis businesses, according to a press release. The tech will allow both B2B and B2C transactions and will encompass the entirety of the cannabis industry, according to the release, including in-person and online payments.

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PYMNTS

APRIL 1, 2020

These include tools that use artificial intelligence (AI) and machine learning (ML), such as the Linked Analysis tool developed by financial technology provider PSCU. To learn more about these and other stories, visit the Tracker’s News and Trends. Deep Dive: Why CUs Must Innovate Or Fail Amid Industry Consolidation.

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PYMNTS

JULY 26, 2020

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. trillion in accounts receivable data from industries in North America. Launched in 2006, Ansonia reports on seven million businesses in more than 140 industries. The price was not disclosed.

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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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PYMNTS

NOVEMBER 25, 2019

MiddleGame Ventures has launched a new €150MM fund targeting FinTech investments in Europe and North America. MGV’s Venture Fund I has already made three representative investments in financial technology startups in the UK: Nivaura, Railsbank and Gardenia Technologies.

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PYMNTS

JANUARY 7, 2019

Welcome to The Axis, your late look at payments news from around the world. Digital financial technology company Wirecard and online travel agency Ctrip are rolling out multi-currency Visa cards to Ctrip customers in China, Wirecard said in an announcement. In addition, U.K.

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PYMNTS

OCTOBER 2, 2019

“If there is no Tether, we lose a massive amount of daily volume — around $1 billion or more depending on the data source,” Lex Sokolin, global financial technology co-head at ConsenSys, said, according to Bloomberg. Some of the concerning potential patters of trading in the market may start to fall away.”. A number of U.S.

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PYMNTS

DECEMBER 12, 2018

Partner Mark Goldberg , who led this round from Index Ventures , told Karen Webster shortly after the news was announced that he believes “we’re still only seeing the early phases of Plaid’s growth, because however the financial services market grows going forward, as long as it grows, Plaid will have work to do.”. The Trust Business.

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PYMNTS

JANUARY 12, 2021

12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. Our customers need financial technology tools that align with their personal and business needs. according to a Tuesday (Jan.

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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. Apple was not in the music industry, Google was not in the mobile phone industry and Amazon was not in the groceries business — until they were.

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PYMNTS

NOVEMBER 21, 2019

Since Ubisoft is already a leader in the games industry, and shows commitment to probe blockchain as a viable technology for games, we are very excited to be announcing our first cooperation of this kind with them,” said Nicolas Gilot, Co-CEO of Ultra, in a statement. “We We do not have an office in Shanghai.”.

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William Mills

AUGUST 9, 2016

In the mortgage industry, the U.S. s and the EU’s data privacy agreement are topics that have made news headlines. In turn, as mentioned in Time , this could limit the amount of data technology firms can access about EU citizens. has already felt the effects of Brexit. Continued Low Interest Rates.

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PYMNTS

NOVEMBER 17, 2020

Nav CEO Greg Ott said the embedded finance industry is thriving for good reason in the current economy. Traditional banking isn't built to serve small businesses, and financial technology is quickly filling that gap,” he said, according to the release. This demand is made far more urgent by COVID-19.

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PYMNTS

FEBRUARY 28, 2018

Taiwan’s central bank is looking into implementing blockchain technology in order to improve its operations. In addition, the bank will also try to explore the feasibility of enhancing the security and efficiency of payment systems using decentralized ledger technology,” he said.

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blockchain Big Data cryptocurrency Bitcoin 105

PYMNTS

NOVEMBER 14, 2018

” The news follows an earlier headlines in the fall, when a quarter of the largest agriculture companies announced joint efforts to digitize cross-border grain trading through the use of artificial intelligence (AI) and blockchain, eyeing post-trade processes, which are often manual (and costly) activities. .”

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PYMNTS

MARCH 22, 2020

There will also be opportunities to learn from industry experts. Controller Collective will advance this mission by helping industry professionals grow in their own careers and elevate the finance function,” Hoag added. People can chat about their job issues and swap information and best practices.

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PYMNTS

MAY 3, 2019

Only through continued collaboration and fundamental research will it be possible for this technology to mature and for policy-makers to fully understand its potential,” Scott Hendry, Bank of Canada senior special director of financial technology, said in a press release about Jasper-Ubin project3.

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PYMNTS

OCTOBER 13, 2019

Among the lenders affected by the new restriction is CURO Financial Technology Corp. federal rule will be in governing the industry — is heating up as an important deadline looms. On Thursday (Oct. The battle over payday lending — specifically, how tough U.S.

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PYMNTS

OCTOBER 4, 2016

The move on the part of Prosper comes at a time when the company is exploring strategic options , having hired investment banks JPMorgan and Financial Technology Partners and having disclosed it is considering selling equity in the firm. Media reports said the privately held U.S. Specifically, the capital would improve funding sources.

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PYMNTS

JANUARY 8, 2020

At the end of 2017, Longfin shares soared more than 1,000 percent on the heels of news Longfin was buying a crypto firm known as Ziddu. In reference to financial technology, the OCIE noted in its 2020 priorities list, too, that alternative sources of data increasingly are being used by the investment industry.

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PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). The McKinsey observances also came amid news this week that SimbaPay , based in the U.K.,

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PYMNTS

JUNE 23, 2020

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

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Fraud Community Bank Virginia Community 266

PYMNTS

SEPTEMBER 4, 2019

Financial technology company FastPay has announced it is creating a “receivables securitization program” with an $80 million first tranche. It has partnered with AIG and Cairn Capital, which will offer large amounts of capital to the media and technology sector.

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PYMNTS

OCTOBER 22, 2018

financial technology startup backed by Goldman Sachs , is expanding overseas. has been a hotbed of new entrants in the banking and payments industry. new players have 14 percent of the industry revenues compared to 3.5 Marqeta , a U.S. In addition to Goldman Sachs, Marqeta is backed by Visa.

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PYMNTS

JULY 27, 2020

While the Federal Trade Commission plays a role in identifying card fraud, the industry relies, in part, on self-regulation, especially outside the U.S. The financial technology company faces insolvency with debt of nearly $4 billion, after it was revealed that $2.1 billion went missing from two Philippines banks.

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PYMNTS

MAY 27, 2016

Prosper Marketplace is in the midst of exploring strategic options, having hired investment banks JPMorgan and Financial Technology Partners and having disclosed it is considering selling equity in the firm. Reuters reported that the privately held U.S. Specifically, the capital would improve funding sources.

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PYMNTS

NOVEMBER 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd.,

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Fintech Taxes Compliance Capital 151

PYMNTS

DECEMBER 6, 2018

Financial technology providers are partnering up to offer expanded mPOS capabilities to merchants, which are looking for tools to avoid long checkout lines. charitable giving market come from online donations , and the canned tuna industry is adapting to the tastes of millennials and younger consumers amid a decline in consumption.

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