PYMNTS

FEBRUARY 21, 2019

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A A firm that offers financial technology is not necessarily a FinTech,” said Provenir Managing Director Paul Thomas, who thinks the distinction between the two needs to be clearer.

Fintech 189

Fintech Financial Technology Technology Industry 189

PYMNTS

FEBRUARY 24, 2020

Consolidation of this kind has been sweeping the financial technology sector as of late, with Intuit’s deal just the latest example. The deal lays bare the growing need for financial services groups to accumulate data. The company is now worth more than $74 billion.

Financial Technology 150

Financial Technology Data Software National 150

PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Or, said more simply, Plaid provides an API layer that sits between banks and FinTech innovators who want to access bank account information for what they are doing and makes the connection possible.

Technology 101

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PYMNTS

MARCH 26, 2019

The organization will “provide bank leaders with a high-level platform to establish clear points of contact with senior representatives and thought leaders from the financial technology industry and consumer organizations,” the statement said. The group plans to hold its first meeting on April 1.

Groups 135

Groups Fintech New York Financial Technology 135

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 5, 2020

Visa announced plans in January to purchase Plaid , which enables consumers to share their banking information with thousands of apps and services like Chime and Venmo. For instance, when a user sets up a Venmo account, Plaid lets the person link their bank account to their Venmo account.

US 343

US San Francisco United States Policies 343

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. For me, culture is key.

Guidelines 192

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PYMNTS

NOVEMBER 17, 2020

Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company.

San Francisco 264

San Francisco Digital Banking Financial Technology Innovation 264

PYMNTS

JUNE 21, 2020

DJ Seeterlin , chief information officer at Chesapeake Bank, said the new partnership would be a boon for customers looking for “new functionality” in their banking. Our customers need financial technology tools that align with their personal and business needs.

Virginia 224

Virginia Community Bank Strategy Digital Banking 224

BankInovation

FEBRUARY 2, 2023

Fidelity National Information Services Inc. has so far eliminated 2,600 staffers as new Chief Executive Officer Stephanie Ferris continues her strategic review of the financial-technology giant’s business.

Fintech 52

Fintech Financial Technology National Technology 52

Bobsguide

SEPTEMBER 23, 2022

We are honored to have been once again recognized among the top technology vendors for financial institutions in this prestigious ranking,” says Angelo Tantazzi, Chairman at Prometeia. “We For more information about the rankings, follow @IDC on Twitter and look for #IDCFinTechRankings.

Fintech 97

Fintech Software Industry Financial Technology 97

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.

cryptocurrency 252

cryptocurrency Financial Technology Report Groups 252

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.”

Fraud 266

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PYMNTS

DECEMBER 5, 2019

This partnership will help millions of Chase customers better manage their spending, budgeting, savings and investments by allowing them to connect to and send their financial information to the more than 1,200 third-party applications on the Envestnet | Yodlee platform. consumer and community banking business of JPMorgan Chase.

Data 132

Data United States Community Bank Fintech 132

Jeff For Banks

APRIL 27, 2023

Industry pundits in the know about everything financial technology and financial technology firms will soon be clinking martini glasses saluting each other and telling stories about their profitability and number of bank installs they have under their belt. It is a veritable "who" of financial technology firms.

Financial Technology 78

Financial Technology Strategy Fintech New York 78

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.

Management 113

Management Payments Innovation Technology 113

PYMNTS

JULY 26, 2020

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. Information Solutions (USIS) segment showed total revenues of $365.6 million, which was up 10 percent, and within that unit, Online Information Solutions was up 7 percent for the quarter to $263 million.

Data 167

Data Company Pennsylvania Atlanta 167

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. For years, the enterprise resource planning (ERP) system has operated as a critical source of data for processes like the financial close and others.

Data 219

Data Technology Operations Innovation 219

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. Congress created the legislation in 2010 that created the CFPB.

Data 173

Data Google Fintech Groups 173

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

CFPB Monitor

JULY 21, 2021

Last week, the OCC, Federal Reserve Board, and FDIC issued proposed guidance for banking organizations on managing risks associated with third-party relationships, including those with financial technology-focused entities such as bank/fintech sponsorship arrangements. For more information and to register, click here. .

Risk Management 78

Risk Management Management FDIC Financial Technology 78

Payments Source

MAY 8, 2019

The information you need to start your day, from PaymentsSource and around the Web. Today: Visa's Earthport deal clears regulatory hurdle; Deutsche adds payment cloud; Campus crooks, Mastercard adds more biometrics; Co-op Financial Services reorganizes payments and financial technology.

Financial Technology 81

Financial Technology Technology Payments 81

Chris Skinner

MAY 10, 2017

Here’s the summary: Financial Technology, more commonly referred to as FinTech, looks set to reshape the financial sector in the coming years and present Hong Kong with both challenges and opportunities. London has been leading the charge to be the FinTech capital of the world, but many other cities are nipping at their toes.

Strategy 271

Strategy Fintech Regional Technology 271

PYMNTS

JANUARY 7, 2019

Amid that growth, many of those lenders stated they have been using alternative data in tandem with what might be termed “traditional” information as they make credit decisions. The bill , titled the “Financial Technology Sandbox Act,” was introduced as 2019 dawned, and will allow new financial products to be tested in the state.

Lending 150

Lending Fintech Data Wyoming 150

Bobsguide

DECEMBER 11, 2016

In the information age, a company’s data is its greatest asset. Good data management has long delivered for financial institutions in the areas of analytics, market surveillance and risk modelling, but as emerging financial technology companies face an entirely different set of challenges.

Management 121

Management Data Analytics Financial Technology 121

CFPB Monitor

SEPTEMBER 14, 2022

The results of a recent poll on buy-now-pay-later (BNPL) conducted on behalf of the Financial Technology Association (FTA) indicate that BNPL products are viewed favorably by a strong majority of adults who have used BNPL. BNPL has helped consumers pay for items such as retail, technology, and household appliances.

Regional 78

Regional Financial Technology Examples Report 78

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. The meetings will usually be held on the second Thursday of the month.

Innovation 124

Innovation US Metro Washington 124

Bobsguide

SEPTEMBER 22, 2022

IDC’s prestigious annual ranking highlights the leading companies in financial technology. Vendors on the elite list are recognized based on 2021 calendar year revenues attributed to financial services and fintech industries, and have demonstrated their commitment to their customers and the industry. “The Global Head of PR.

Fintech 74

Fintech Financial Technology Software Capital 74

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.”.

Bitcoin 141

Bitcoin San Diego cryptocurrency Security 141

PYMNTS

JUNE 26, 2020

Valdis Dombrovskis , the European Union’s (EU) executive vice-president in charge of financial services policy, said Wirecard’s collapse threatens investor trust in the EU, the newspaper reported.

Regulation 152

Regulation Capital Policies Course 152

PYMNTS

MARCH 22, 2020

People can chat about their job issues and swap information and best practices. As COVID-19 disrupts normal operations, retailers are taking stock of available mobile and online commerce capabilities and technologies. . There will also be opportunities to learn from industry experts.

Operations 131

Operations Financial Technology Online Community 131

PYMNTS

OCTOBER 22, 2018

FICO revealed that it is in discussions with several lenders, including banks and financial-technology firms, that have expressed interest in using the new score in a pilot. Experian will compile consumers’ banking information with assistance from FinTech company Finicity. Currently, a record 58.2 percent of U.S.

System 237

System Analytics Financial Technology Fintech 237

PYMNTS

DECEMBER 14, 2018

Access Fintech has developed a network to help resolve business “exceptions” (also known as errors) that financial institutions (FIs) make, such as data discrepancies on the financial terms of a trade between counterparties or using the wrong information to identify a client.

Fintech 135

Fintech Resources Capital Financial Technology 135

PYMNTS

JULY 30, 2020

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Plaid is connected to more than 11,000 financial institutions.

San Francisco 159

San Francisco User Experience Cards Customer Experience 159

PYMNTS

SEPTEMBER 24, 2019

financial system have had some information about themselves … compromised at some point.”. “These are attempts, and, often because of diligent work by bank compliance officers, do not represent actual losses. With billions of compromised credentials exposed online, there is a high likelihood that most users of the U.S.

Fraud 178

Fraud Cards Fintech Compliance 178

PYMNTS

NOVEMBER 8, 2016

Wipro, the information technology, consulting and business process services company, announced Monday (Nov. The Open API platform will enable banks and financial institutions to launch Open Banking initiatives. 7) it launched its Open Banking API platform.

Industry 191

Industry Financial Technology Meeting Trends 191

PYMNTS

OCTOBER 30, 2019

The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services. His comments even caused a price boost of bitcoin and blockchain stocks to the point that the Chinese state media advised people to stay levelheaded.

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blockchain Bitcoin Security Software 101