PYMNTS

NOVEMBER 29, 2019

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. The data did not reportedly include password information, Social Security numbers or financial information. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? for $4 billion.

Google 129

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PYMNTS

MARCH 2, 2016

Google’s Australia and New Zealand managing director, Maile Carnegie, was poached by ANZ Banking Group to act in its newly created group executive digital banking role starting in July, Reuters reported Tuesday (March 1). Data from KPMG estimates that nearly A$27 billion ($19.21

Google 100

Google Massachusetts Groups Leadership 100

PYMNTS

DECEMBER 7, 2020

operations to PNC Bank , creating the fifth-largest regional player in the U.S. Big Tech players such as Google make inroads into banking (through the recently announced Google Plex , for example, which integrates checking accounts into the Google app).

Google 282

Google Examples Regional Lending 282

PYMNTS

MAY 30, 2018

And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs. And increasingly, banks are starting to think of FinTechs not as the enemy, but as potential partners. Why FinTechs Need Banks.

Fintech 160

Fintech Regulation Compliance Innovation 160

PYMNTS

DECEMBER 8, 2019

Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms. Banks are required to share customer data with rival FinTech firms, and “this may need to be the case with Big Tech, too,” the FSB said in the report.

Regulation 131

Regulation Data Google Fintech 131

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). This isn’t the OCC’s first attempt to create a special banking charter that would benefit tech firms.

Regulation 349

Regulation National System Industry 349

PYMNTS

DECEMBER 18, 2018

” Kepczyk described this market as the “wild west,” as more technologies and FinTech innovators enter the small business financial services space, not only to automate, but to provide deeper insights into company finances and enable predictive analytics involving too much data for one (human) accountant to manage.

Management 134

Management Fintech Tools Technology 134

PYMNTS

APRIL 26, 2020

Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch its new expense monitoring dashboard, according to a company blog post. Everything is encrypted for security. “We

Management 151

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PYMNTS

OCTOBER 13, 2017

B2B FinTech saw one of its most stellar funding weeks in a while, led, of course, by the high-profile Bill.com investment. In all, the industry secured more than $324 million with B2B payments, logistics and artificial intelligence leading the way. India’s Taaza secured $8 million in Series A funding, reports late last week said.

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PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. Many customers want access to convenient, digital financial solutions from FinTechs that are using open banking integrations to provide robust services. Fighting Phishing.

Security 151

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PYMNTS

JANUARY 3, 2020

This only increased earlier this year with the implementation of strong customer authentication (SCA), which forced merchants to develop security solutions that would not impact sales and sent retailers scrambling to project how these changes would affect operations. FinTechs Struggle With Higher Standards.

Regulation 133

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PYMNTS

MAY 20, 2020

They aren’t looking to abandon or even drastically curtail their physical operations, but want to expand their offering set to be less reliant on them. And in those efforts, America’s mom-and-pop shops are getting a boost from the digital economy’s biggest platform players — Facebook, Google, PayPal and Shopify.

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PYMNTS

JULY 10, 2019

With the digital identity market expected to reach $15 billion by 2024, major ID providers such as Google and Apple are racing to improve the identity verification experience. Switzerland’s Jura Hospital is currently testing a 3D finger vein scanner to more effectively secure patient data. Find the feature story in the Tracker.

Apple 158

Apple social media Knowledge Base Mobile 158

Independent Banker

FEBRUARY 28, 2022

Customers do their due diligence to make decisions that are important to them, especially their financial security. keeps an eye on the big review sites, like Google and Yelp, that draw reviews for all kinds of businesses. In addition, banks with their own apps should check Google Play and App Store reviews. Quick Stat.

How To 127

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PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising.

Payments 195

Payments Regulation Security Data 195

PYMNTS

APRIL 28, 2020

Customer loyalty and FinTech Paytronix has secured $10 million in new funding led by Great Hill Partners and the company’s Co-founders Matt d’Arbeloff and Andrew Robbins. The new funds will help the firm service its restaurant, convenience store and grocery clients as the coronavirus pandemic continues to upend business.

Innovation 150

Innovation Tools Apple Google 150

PYMNTS

OCTOBER 17, 2017

And while much has been quiet on the ILC front ever since, as of 2017, two big FinTechs made them very visible again: Sofi in June and Square in mid-September. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank. billion to more than 141,000 firms.

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PYMNTS

DECEMBER 26, 2019

Last week, Vietnamese group Vingroup announced a plan to shut down its eCommerce site Adayroi.com, which it formed in 2013, and merge its ePayment business side with its FinTech arm, VinID. billion this year, and $23 billion by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain.

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PYMNTS

JULY 24, 2018

The effort, backed by Google , Facebook , Microsoft and Twitter , seeks to build “an open-source, service-to-service data portability platform so that all individuals across the web [can] easily move their data between online service providers whenever they want.”. DTP Development. DTP Development.

Online 101

Online Data Industry social media 101

PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). Last October, Countingup announced it secured $750,000 from investors at Frontline Ventures and others ahead of its market debut. million sole traders that operate in the U.K.

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PYMNTS

SEPTEMBER 11, 2018

based PrePay Solutions has rolled out Google Pay functionality through Monese. The platform will run on Samsung Semiconductor secure chip technology, as well as software from the Swiss FinTech firm Smartlink. “By based PrePay Solutions has brought Google Pay functionality through Monese, according to reports.

Google 100

Google Survey Samsung Mobile 100

Abrigo

MAY 5, 2022

million podcasts in the world, you might find it daunting to weed through the lists on Apple Podcasts, Spotify, Google, or other platforms to find the best banking podcasts. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” Indeed, with 2.8

Community 195

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PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster. Reuters quoted central bank Vice Gov.

US 168

US Regulation Groups System 168

PYMNTS

NOVEMBER 1, 2017

That trust has permeated the financial services industry, too, as banks begin to migrate data and apps to the cloud and FinTechs launch entirely on cloud infrastructure. But it’s led financial organizations to recalibrate their security initiatives, because while the industry may trust the cloud, no technology is impervious to a cyberthreat.

Security 136

Security Data Industry Management 136

PYMNTS

JUNE 14, 2019

A bashing that started in Europe in 2015 when the European Commission filed suit against Google for anticompetitive practices has accelerated sharply worldwide. It was late November 2017 when the world got its public preview of Visa B2B Connect at the Singapore FinTech Festival. Top Performers. Lost Pet Posters Get A Digital Upgrade.

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

JUNE 14, 2019

A bashing that started in Europe in 2015 when the European Commission filed suit against Google for anticompetitive practices has accelerated sharply worldwide. It was late November 2017 when the world got its public preview of Visa B2B Connect at the Singapore FinTech Festival. Top Performers. Lost Pet Posters Get a Digital Upgrade.

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

OCTOBER 4, 2019

. “With bigger banks, some of them have more software engineers than Google,” he said. ” Of the thousands of these players operating in the U.S. ” Of the thousands of these players operating in the U.S. “This is an extraordinary thing. The Open Banking Trajectory. In markets like the U.K.

Lending 152

Lending Community Bank US Community 152

Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! We must be moments away from downloading a gamified banking app via our Google Glass, paying in Bitcoins using Apple Pay! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. That's all I'm hearing. It's like global warming. Legit question.

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Fintech Capital Cards Bitcoin 60

PYMNTS

NOVEMBER 22, 2019

As reported by The Wall Street Journal, famed investor Carl Icahn is betting that mall operators will find it increasingly harder to pay their debts. The index and the securities, the report said, are in turn tied to loans made in 2012. The index and the securities, the report said, are in turn tied to loans made in 2012.

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Independent Banker

NOVEMBER 30, 2022

But with these benefits come newfound threats, chiefly in the form of data privacy and security. Partner so you can have access to an Apple Wallet, a Google Wallet, PayPal, Amazon, whatever it may be, and then keep your priorities in your app focused on banking. and its impact on data security.

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Accenture

JULY 9, 2019

Tech firms such as Google, Apple, Facebook and Amazon (GAFA) were early adopters, propelling their valuations to be 10x in comparison to banks. Wibson, for example, is a blockchain-based, decentralized data marketplace that provides individuals a way to securely and anonymously sell validated private information in a trusted environment.

Data 157

Data Google Strategy Examples 157

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers?

Innovation 150

Innovation Metro Apple Marketing 150

Accenture

NOVEMBER 27, 2017

Some themes endure year-after-year, as shown in the table below—real-time payments, cybersecurity, fintechs, blockchain and open APIs. Banks and market infrastructure will need to be one step ahead of perpetrators, due to the diverse and fast-evolving nature of threats to information security.

Innovation 171

Innovation Conference Fintech blockchain 171

NCR

SEPTEMBER 15, 2016

We know the first half of 2016 brought in record investments for fintech , which is exactly what was expected. Ok, one level down: Asia is getting more funding than any other market, and German fintech companies are getting more than their UK counterparts, both for the first time. And those changes are just the tip of the iceberg.

Fintech 40

Fintech Technology US Tools 40

PYMNTS

JANUARY 29, 2019

Innovation remains desired by the respondents of the Index — but perhaps not to the overwhelming degree one might expect in a world where FinTech and digital wallets, and all manner of mobile banking, seem to make daily headlines. He added, though, that security remains the number-one reason why members choose a particular card.

Innovation 176

Innovation Fintech Data Community 176

PYMNTS

MARCH 18, 2019

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S.

Payments 201

Payments Cards Operations System 201

PYMNTS

AUGUST 12, 2016

Just four deals were secured but by some impressive companies that aren’t your run-of-the-mill enterprise-serving firms. Another B2B startup, operating in the SaaS space, positions itself in an unlikely vertical, while the biggest investment round of the week placed $50 million into a startup that is soon to go public.

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