PYMNTS

APRIL 3, 2020

Main Street in Trouble . As we estimated in our comprehensive Main Street Index two weeks (and a lifetime) ago, these smaller firms as a group populate 3.6 We estimate that Main Street represents 28.3 We estimate that Main Street represents 28.3 As Main Street goes, so goes GDP. percent of wages.

Maine 142

Maine Lending Survey Course 142

PYMNTS

MAY 11, 2020

The situation facing the smallest firms on Main Street is dire, even with funding from the Paycheck Protection Program in hand. To Judie Rinearson, a partner, payment group leader and co-chair of global FinTech and blockchain groups at K&L Gates law firm, the situation seems a bit fluid.

Maine 189

Maine Guidelines United States Company 189

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. The benefits of fintechs. By Elizabeth Judd. Quick Stat.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

DECEMBER 19, 2019

In today’s top news, Indian FinTech ZestMoney raises $15 million, the latest in a $63 million Series B funding round, and Federal Reserve Gov. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs. Why Main Street SMBs Are a Greenfield for InsurTech.

Miami 130

Miami Fintech Apple cryptocurrency 130

PYMNTS

OCTOBER 8, 2019

Kazakh FinTech group Kaspi.kz Just last month it was reported that the group was planning to sell existing shares on the London Stock Exchange (LSE), with an anticipated valuation reaching $5 billion valuation, with an offering of at least $500 million worth of GDRs. has decided to postpone its U.K. stock market.

Marketing 139

Marketing Fintech New York Maine 139

Bank Innovation

APRIL 17, 2017

Another strong opportunity for Fintech identified is to help that large percentage of the population who are not necessarily financially unwell but perhaps not as strong as they should be. Special thanks to our wonderful hosts Claire Calmejane , Caroline Stretton and Sarah Kenrick of LBG Innovation Lab for making this event happen!

Fintech 268

Fintech Innovation Survey US 268

PYMNTS

NOVEMBER 27, 2019

That can hold especially true in wealthy countries, such as the United Arab Emirates (UAE), as discussed in a new PYMNTS interview with Evans Munyuki, chief digital officer of Emirates NBD , a UAE banking group. As all that happens, companies such as Emirates NBD are working more closely with FinTech firms, among other partners, Munyuki said.

Fintech 167

Fintech Regional Regulation ATM 167

American Banker

JULY 11, 2020

New president of Promontory Interfinancial Network says recession will cause "hundreds" of nonbank disruptors to fail; lenders face dilemma over offering Main Street loans to noncustomers; PNC Financial expands, diversifies executive leadership team; and more from this week’s most-read stories.

Leadership 41

Leadership Maine Fintech Groups 41

PYMNTS

AUGUST 14, 2019

A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. In Southeast Asia, FinTech InstaReM recently released a new platform of its own. Around the Smarter Payments World. About the Smarter Payments.

Fintech 168

Fintech Payments Cards Regional 168

Celent Banking

JANUARY 28, 2016

Earlier this week, I was kindly invited to join the panel on “what’s hot in Fintech” at Citi’s Digital Money Symposium, and it was one of the central questions we debated as a group. My colleague Stephen Greer has also discussed Bank-Fintech relationships on these very pages, for example, see here and here.

Fintech 100

Fintech Innovation Retail Payments 100

PYMNTS

OCTOBER 20, 2020

In today’s top news, Billtrust and South Mountain Merger Corporation have entered into a “definitive business combination agreement,” while Paya became the latest FinTech to join the ranks of publicly traded companies. Plus, i2C has become part of Visa’s FinTech Fast Track program. i2c Joins Visa's FinTech Fast Track Program.

Apple 130

Apple Payments United States Fintech 130

PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

Fintech 104

Fintech Regional Resources blockchain 104

PYMNTS

OCTOBER 29, 2019

CUNA Mutual Group reported last month that 177 fewer CUs operated than in the year prior, with mergers and acquisitions accounting for many of these losses. CU advocacy groups claim that the negative public relations campaign ignores the real problem, that the three largest banks in the U.S.

Data 103

Data Maine Analytics Case Study 103

PYMNTS

JANUARY 9, 2018

INTRUST Bank recently announced it is also taking part in the trend of collaborating with FinTechs. In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs.

Community Bank 131

Community Bank Community Fintech Lending 131

Chris Skinner

JULY 7, 2017

Sørensen Chris Skinner needs no introduction in the fintech and banking space. This trend of flexible platforms and the unbundling of financial services apply even more clearly to another group of economies – the innovation economies. Handcuffed by Heritage An interview with Chris Skinner by Kristian T.

America 223

America Maine Trends Innovation 223

PYMNTS

APRIL 28, 2020

Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia. The main backer of this round is Dr. Peter Lee, who is the co-founder of property developer Henderson Land and website developer Wix. Investors included Berjaya Group, JG Summit Holdings, and Sinar Mas.

Big Data 182

Big Data Lending Maine Groups 182

Chris Skinner

MAY 12, 2017

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. CS: That is one of the main differences. Below are edited transcripts of the transcription. We are seeing big changes to encourage innovation.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

JANUARY 23, 2020

DPO Group CEO Eran Feinstein told PYMNTS that there are many customers who have hardly touched a shilling in the last year. And in Singapore, global FinTech Rapyd announced a new platform that will allow both consumers and businesses to go totally cashless.

New York City 236

New York City New York Retail social media 236

PYMNTS

NOVEMBER 18, 2019

The deal comes as Sage Pay’s parent company Sage Group said in September that it was seeking “strategic alternatives for the payments business.” Its main competitors include Stripe, Chase, MasterCard and Visa as well as Global Payments, Vantiv, FIS, Ingenico and Verifone. “We Elavon was acquired by US Bancorp in 2001 for $2.1

Maine 160

Maine Groups System Software 160

PYMNTS

APRIL 11, 2016

As the wave of FinTech lenders who stepped into the markets after the financial crisis pushed much of their mainstream banking competition out of the game are coming into a new era with rising interest rates and falling investor demand, their strategic approach to that market is changing.

Fintech 100

Fintech Maine Marketing Groups 100

PYMNTS

AUGUST 14, 2020

million in combined funding, B2B FinTechs remain resilient in today’s current market. According to reports, the investment marks Stride’s first in the FinTech space, while for ZipLoan, the funding will help the company continue to scale through volatile times. million in Series A funding.

California 163

California Capital Fintech Security 163

Lars Markull

MAY 30, 2020

You have probably read somewhere that Shopify is now becoming a FinTech company due to the launch of a couple of new products. A few years ago it was quite easy to identity Fintech players but the lines are getting blurry. And now coming to the most crucial Fintech announcement by Shopify: Shopify announced their own bank account.

Fintech 75

Fintech social media Examples Payments 75

PYMNTS

FEBRUARY 6, 2019

FinTech firms can join the sandbox beginning next month. The news follows reports at the end of last year that said the United Arab Emirates (UAE) would also debut a regulatory sandbox, aimed at the FinTech realm and initial coin offerings (ICOs). Amid blockchain projects that stop and go, one has been stopped.

blockchain 191

blockchain social media Groups Fintech 191

PYMNTS

DECEMBER 26, 2019

was ranked just 23rd in web traffic, far behind the eCommerce arms of many of their main competitors, such as Alibaba and Sea Ltd. 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.

Retail 130

Retail Groups Maine Google 130

PYMNTS

NOVEMBER 11, 2019

Uber and Didi are both backed by SoftBank Group, which has said it planned to heavily invest in the Latin American tech sector. In August , SoftBank Group initiated talks with two startups in Mexico — online used car site Kavak and FinTech Konfio. We’re really excited about where we are at after just 18 months here.”.

America 118

America Regional Groups Maine 118

PYMNTS

JULY 10, 2020

AliExpress Russia , the eCommerce venture between the Alibaba Group Holding Ltd., Last fall, PYMNTS reported a move that joined the online and offline experience in Latin America, when FinTech firm and payments provider Ebanx announced a collaboration with AliExpress. Alibaba’s AliExpress debuted in 2010 and is popular in the U.S.,

Online 140

Online Maine America Groups 140

Chris Skinner

MAY 14, 2017

This week’s main blog headlines are … The legacy clock is ticking Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. I’m very sceptical about competition in banking because I’ve been waiting for it to happen for too long.

Bitcoin 171

Bitcoin Fintech Maine Fraud 171

PYMNTS

APRIL 30, 2018

Analysts said disappointing performance in its strategic imperatives group was to blame. That group, collectively, grew 17 percent and contributed 49 percent of revenue at the end of Q4 2017. Many were surprised, since IBM posted an increase in revenue for the second straight quarter — after five consecutive years of losses.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Chris Skinner

JULY 23, 2017

This week’s main blog headlines are … Why FinTech start-ups think they can beat the banks There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city.

Boston 171

Boston Bitcoin Innovation Conference 171

PYMNTS

JUNE 17, 2020

has received a $40 million investment as part of its Series D round led by Santander InnoVentures, a division of Santander Group of Spain, the company announced Wednesday (June 17). Santander InnoVentures said it has invested in more than 30 FinTech companies after being established in 2014. Mobile bank Upgrade Inc.

San Francisco 131

San Francisco Strategy Cards Capital 131

PYMNTS

OCTOBER 17, 2017

Ultimately, that effort was pushed back by a coalition of unions, consumer groups, community banking groups and legislators that did not trust Walmart’s business plan or intentions once they had the license and FDIC deposit insurance in hand. SoFi, due to other corporate issues , has already abandoned that effort.

Industry 108

Industry Fintech FDIC Community Bank 108

PYMNTS

AUGUST 19, 2016

The Future Of FinTech? Japan’s Financial Services Agency (FSA) announced its own plan to boost the FinTech market by making it easier for companies to collaborate with the financial technology industry. The move is a significant one for a country that has long been considered a “laggard” in embracing the FinTech revolution.

Fintech 100

Fintech Mobile Guidelines System 100

Chris Skinner

JULY 30, 2017

This week’s main blog headlines are … Is FOMO driving you MADD? The article is talking about the wild ride he has had since taking over the helm of the bank which had formerly been run by two CEOs (Juergen … FinTech: $6.5 Global VC FinTech investment attracts $6.5

Fintech 177

Fintech Bitcoin cryptocurrency Maine 177

PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. In 2013, data was beginning to trickle in that suggested that the generation that made Sriracha a food group and yoga pants a go-to corporate wardrobe staple was under financial duress. It’s a fact.

Millennials 100

Millennials Fintech Cards Groups 100

CFPB Monitor

AUGUST 15, 2018

The GFIN working group is encouraging responses and feedback from interested parties to 10 questions posed within the Consultation Document by October 14, 2018. After October 14 the working group will review feedback and agree on next steps, including a timeline for when to launch the GFIN.

Regulation 68

Regulation Fintech United States Innovation 68

Chris Skinner

JUNE 17, 2017

This week’s main blog headlines are … The crazy world of crypto currencies and ICOs I’m boarding a flight yesterday and murfing (mobile surfing). How did they get … Banks do dad dancing (badly) I hosted a banking dinner the other night, where we were talking about the FinTech scene in this particularly vibrant and innovative country.

Analytics 171

Analytics New York Fintech Maine 171

PYMNTS

DECEMBER 18, 2019

Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face. Lendo is a licensed FinTech sandbox that uses data points and modern underwriting techniques. Lendo is backed by three venture capital firms in the Middle East, as well as a group of angel investors in the area.

Capital 131

Capital Maine Lending Financial Technology 131