PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

Fintech 308

Fintech Data User Experience Innovation 308

PYMNTS

DECEMBER 2, 2020

China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between the two countries grows, sources told Reuters. Reuters said Paytm, which is partly backed by Japan’s SoftBank Group Corp., Like Alipay, Paytm is a digital payments platform.

Groups 179

Groups Report Regulation Fintech 179

PYMNTS

DECEMBER 29, 2016

There seems to be no shortage of action in the corporate banking space, whether it be scandals (like Royal Bank of Scotland’s Global Restructuring Group fiasco ), cyberattacks (such as the $81 million stolen from the central bank of Bangladesh) or anomalies like Brexit impacting top financial institutions across the globe.

Security 181

Security Fintech Boston Fraud 181

PYMNTS

NOVEMBER 3, 2020

Several regulatory agencies — the People’s Bank of China (PBOC), Insurance Regulatory Commission, the Securities Regulatory Commission and the State Administration of Foreign Exchange — summoned Ma, the controlling shareholder in Ant Group, on Monday (Nov. 2) to answer questions behind closed doors. billion in 2019. .

Groups 169

Groups Regulation Meeting Fintech 169

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 210

Fintech Los Angeles Lending Analytics 210

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

OCTOBER 19, 2018

Internet hackers have pilfered $882 million of digital currency from crypto exchanges since last year, but one group in particular has netted roughly half that amount: Group-IB noted in a report that a North Korean hacking group, Lazarus, has taken $571 million through an analysis of 14 different attacks, The Next Web reported.

Groups 198

Groups cryptocurrency Analysis Software 198

PYMNTS

JANUARY 27, 2017

Credit China FinTech, the Chinese investment company, announced Thursday (Jan. 26) it made a $30 million investment in Bitfury Group, the bitcoin and blockchain infrastructure provider. Blockchain is a fast-emerging technology allowing effective secured value transfer over the internet.

Groups 100

Groups Fintech blockchain Bitcoin 100

PYMNTS

JUNE 23, 2017

Created in 2017, the API Standardization Industry Group has begun developing an application program interface (API) standardization “playbook” to help enhance support for payments and the business needs of financial institutions, companies, FinTechs and other industry stakeholders and participants.

Meeting 187

Meeting Groups Industry Report 187

PYMNTS

OCTOBER 22, 2020

If so, Chinese FinTech Ant Group has a deal for you. As Ant Group is on the verge of launching a blockbuster, $35 billion IPO , its blockchain business, AntChain, has unveiled a new platform designed to help those on the creative side of the aisle protect their work from poachers.

Groups 130

Groups blockchain Software Video 130

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Other, better security solutions should be considered collaboratively.

Groups 131

Groups Regulation Fraud Security 131

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). The new guidelines, developed by the British Standards Institute (BSI), aim to address issues that interfere with FinTech firms and banks forming alliances.

Guidelines 192

Guidelines Fintech Retail Financial Technology 192

Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

Innovation 360

Innovation Big Data blockchain Trends 360

PYMNTS

OCTOBER 9, 2020

Enterprise device security firm Eclypsium has notched $13 million in an oversubscribed funding round , which brings the overall funding of the firm to $25 million. The round included new investors TransLink Capital, AV8 Ventures, Alumni Ventures Group, Mindset Ventures and Ridgeline Partners. Strike Graph.

Compliance 267

Compliance Payments Fintech Capital 267

PYMNTS

DECEMBER 2, 2019

Norwegian banking group Eika Group has invested in FinTech EedenBull to help its banks with new and innovative payment solutions to serve customers, according to a release. EedenBull was created last year by a group of payments experts from around the globe, and was immediately recognized as a strong partner for European banks.

Groups 100

Groups Payments Cards Fintech 100

PYMNTS

FEBRUARY 28, 2019

Australian digital identity management technology firm Identitii is joining a group of the nation’s largest banks to boost efficiency of digitizing data exchange for its financial institution customers. The tool deploys blockchain technology to enhance the movement of information via banks’ existing infrastructures. ” .”

Groups 109

Groups Innovation Fintech Industry 109

ATM Marketplace

NOVEMBER 12, 2018

Navigating blockchain, regulatory and fintech trends can be a challenge. The Financial Services Data Security Summit, sponsored by Networld Media Group and Thales eSecurity, can help provide some clarity on these topics.

blockchain 70

blockchain Security Fintech Data 70

PYMNTS

OCTOBER 16, 2018

In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

Fintech 188

Fintech Regulation cryptocurrency Innovation 188

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). ”

Lending 189

Lending Fintech National Taxes 189

PYMNTS

OCTOBER 8, 2019

In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 The FinTech had already raised $47 million in equity financing. Three months to go, more or less. Of that, logistics holds sway, at just over 29.5

Fintech 144

Fintech Capital United States Groups 144

PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Fintech 142

Fintech Miami National Data 142

PYMNTS

SEPTEMBER 2, 2020

If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. Last summer, Nuvei purchased payments firm SafeCharge International Group for $889 million.

Payments 229

Payments Fintech Security Technology 229

BankInovation

MARCH 9, 2021

Zeni, a fintech that automates accounting and bookkeeping processes for startups, raised $13.5 The round was led by Saama Capital, with participation from Silicon Valley Bank Financial Group, Sierra Ventures and former Google SVP Amit Singhal, among others. Palo Alto-based Zeni launched in 2019 and secured its […].

Fintech 97

Fintech Google Capital Groups 97

PYMNTS

DECEMBER 2, 2020

Silicon Valley FinTech startup Step has raised $50 million in a Series B funding round, the company announced Wednesday (Dec. Step customers get a bank account that is insured by the FDIC, as well as a secured spending card backed by Visa and the P2P payments platform. Users can transfer funds in real time without any fees.

Fintech 217

Fintech FDIC Resources Management 217

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

FEBRUARY 26, 2020

In the February Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including new co llaborations between CUs and FinTech firms, initiatives to appeal to Generation Z and how CUs are working to protect against the ongoing threat of data breaches. million CU members. Developments From Around The World Of Credit Unions.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. Mission Secure. Shape Security. reports said.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

OCTOBER 23, 2019

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. 22) that it is now part of parent company AZA Group, which now encompasses the BitPesa, BFX and TransferZero brands.

Security 100

Security Groups Fintech Operations 100

PYMNTS

AUGUST 14, 2019

For these transactions to run smoothly, however, communication must remain seamless and secure. 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.

Fintech 168

Fintech Payments Cards Regional 168

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. B2B eCommerce startup Sokowatch scored a win for Kenya’s B2B FinTech community after raising $14 million in Series A funding, reports in TechCrunch said. Digital Risks.

Fintech 175

Fintech Capital Lending Report 175

Bobsguide

SEPTEMBER 12, 2022

To better engage investors, empower advisors and accelerate digital transformation in the wealth management industry, global Fintech leader Broadridge Financial Solutions launched Wealth InFocus, a next-gen wealth communications experience designed on a foundation of investor research, with Cetera Financial Group (Cetera) as the first client.

Groups 88

Groups Management Innovation Survey 88

Bank Innovation

MARCH 28, 2016

Last week we looked at a group of fintech companies spanning the world with a suite of Series B rounds. Feeling out of place? The five startups below may have the frontier know-how you need. This week the common denominator lies in the oddball assistance needed by entrepreneurs, businesses, and investors Read More.

Fintech 150

Fintech Capital Groups Company 150

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

Industry 190

Industry Big Data Fintech Taxes 190

Bank Innovation

DECEMBER 28, 2018

In October, the Financial Services Information Sharing and Analysis Center, an industry group that analyzes and shares cyber and physical threat intelligence, took on the challenge of finding a secure way to transfer information. Sharing data while keeping it safe is a major issue for financial service companies.

Data 186

Data Analysis Fintech Groups 186

PYMNTS

APRIL 9, 2020

Payments FinTech Sila offers an Infrastructure-as-a-Service platform to help companies more seamlessly integrate compliant payments capabilities within their solutions via application programming interface (API), with an integrated stablecoin, SILA. Sila Raises Funding to Nix ACH. The company recently announced $7.7

Fintech 209

Fintech Payments Oregon Cards 209

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. The FinTech was valued at around $11.7 Robinhood may go public as early as this quarter.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

NOVEMBER 7, 2016

Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security. “The Secure Payments Task Force is particularly interested in understanding any barriers that may exist to implementing the planned solutions.”

Security 193

Security Payments Survey Innovation 193