CFPB Monitor

NOVEMBER 7, 2022

Hsu frequently has shared concerns about the need for the OCC to develop in-depth understanding of the technologies banks are adopting, including in the context of bank-fintech partnerships and bank involvement with cryptocurrency products.

Financial Technology 78

Financial Technology Technology Fintech Innovation 78

PYMNTS

APRIL 4, 2019

So it is with financial services – and so it is, specifically, with innovation within financial services. In a podcast with Karen Webster, Amir Wain, CEO of i2c , discussed the state of readiness among the top-performing financial sector innovators. Shakespeare once wrote, in words given voice by a gloomy Dane: “The readiness is all.”.

Innovation 119

Innovation Fintech Survey Customer Experience 119

PYMNTS

MAY 3, 2020

One of Britain’s largest banks, Bó had been positioned to compete with FinTechs like Monzo and Revolut. Bó and Mettle will be merged and will target the small- to medium-sized business (SMB) market. We’ve always said that we will look to innovate. Bó was something we were testing and learning from,” she said. “It

Branding 181

Branding Resources Digital Banking Regulation 181

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Small- to medium-sized businesses (SMBs) are now a critical component of the government’s push for economic growth.

Fintech 120

Fintech blockchain Data Capital 120

Gonzobanker

JANUARY 18, 2024

That said, here are my banking and fintech predictions for 2024: 1. Regulatory headwinds, iffy economic conditions and a more conservative approach to tech innovation spending are combining to put a damper on BaaS growth. Fintechs have an increasing appetite for new products, better tech integration and diligent compliance.

Fintech 88

Fintech Customer Experience Tools Payments 88

PYMNTS

NOVEMBER 8, 2019

As the latest financial institution to join the consortium, Standard Chartered will work with other industry leaders on Ethereum-based enterprise technology best practices, open standards and open-source reference architectures. According to the bank, its membership is proof of its commitment to blockchain.

blockchain 101

blockchain San Francisco New York Fintech 101

PYMNTS

MAY 18, 2017

The rise in B2B FinTech has complicated the picture of treasury management, forcing it to rethink its position in the enterprise. But that technology has also handed treasury new tools to become even more effective at giving clarity to an enterprise’s position in its market. And they have different systems across geographies.”

Fintech 101

Fintech Risk Management Management Data 101

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? Profitability.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

DECEMBER 12, 2018

Roughly a fifth of those queried by the DTCC stated that FinTech as a general category poses at least some systemic risk next year, which is up 5 percent from last year.

Samsung 137

Samsung blockchain Regional System 137

Bank Innovation

JUNE 15, 2017

I recently sat down with the marketing team at Anthemis for my regular weekly chat to discuss the distinction between “Digitise” and “Digitalise”, two oft conflated terms. John, you often speak about the distinction between “digitise and digitalise”, how is that they differ? Great question.

Tools 275

Tools Technology System Operations 275

PYMNTS

DECEMBER 17, 2018

Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it poses a legitimate threat to traditional banks’ market dominance. “It can be a hugely time-consuming exercise researching all the traditional and alternative financing solutions on the market.”

Policies 195

Policies Data Lending Exercises 195

PYMNTS

SEPTEMBER 16, 2016

Before we jump into the post, here are a few quick facts about Mexico and its tech scene: The country of Mexico has roughly 121 million people and is often referred as the “most populous country in LAT” due to its large population and economy. Mexico’s GDP is $1,144 billion, while the current GDP per capita is $9,517.

Fintech 100

Fintech Capital Millennials Mobile 100

PYMNTS

AUGUST 10, 2020

That involves simplifying and modernizing the online buyer-seller experience for the mass market, he said, and not just for top-selling reCommerce experts. That’s Mercari’s sweet spot and one that Lagerling said was crying out for innovation as the big online auctioneers like eBay diversified into larger, more complex financial ecosystems.

US 278

US America Online Mobile 278

PYMNTS

JUNE 28, 2019

This offering is the latest set of APIs made available to issuers and FinTech firms via the Visa Next “digital-first” platform offering. Payments Execs Weigh In On Innovation For the Roaring 2020s. Payments Execs Weigh In On Innovation For the Roaring 2020s. In the PSD2 Age, Banks Must Think Like FinTech Firms.

America 100

America Fintech Innovation cryptocurrency 100

Abrigo

OCTOBER 4, 2022

Takeaway 3 Innovation and continued digital transformation are necessary to pull ahead of your competition and take full advantage of rising rates. These options do not simply refer to types of institutions but also products available. Lean on innovation. Markets that you would “never” enter? 5 rate hikes.

Strategy 195

Strategy eBook Security Management 195

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

DECEMBER 26, 2016

Look For Innovation In Unlikely Places. The payments space is rapidly expanding, and as new entrants continue join the fold, Weiss noted that there’s plenty of opportunity to discover innovation in unlikely places. I think innovative ideas can ignite from inside the payments industry but outside it as well.

Payments 125

Payments Innovation Bitcoin Tools 125

PYMNTS

MARCH 10, 2020

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge.

Data 193

Data Lending Capital social media 193

Insights on Business

JUNE 28, 2018

The key difference with these topics, which both play into the open banking agenda, is that they enable banks to innovate with the systems they already have in place. Through this initiative, we are already seeing the start of more a more competitive, collaborative and innovative banking industry. A time for change.

System 130

System Innovation Industry Technology 130

PYMNTS

SEPTEMBER 23, 2019

Barnum grew a series of small but well-marketed performances of human oddities into a full-blown traveling circus/freak show extravaganza for 146 years before the “big top” folded forever in 2017. In business, comfort is commonly referred to as inertia. For innovation to ignite, stakeholders must find enough value to switch.

Payments 152

Payments Innovation Connecticut Policies 152

Gonzobanker

FEBRUARY 1, 2024

We can’t sleep on non-bank competition, bigger banks controlling even greater market share, or big tech and embedded finance. Oh wait, this is the new asset size, in terms of $Billions, that people reference for banks …) Deposit Dynamics Deposit funding costs pose a big risk to banks. Five Hundred? (Oh

Conference 88

Conference FDIC Arizona Industry 88

PYMNTS

JANUARY 10, 2018

And when we talk about our world, we mean not just payments, but FinTech more broadly – and, even more broadly than that, commerce,” she said. As Neale pointed out, this particularly applied to international firms, which may be well-known in their home market but would like to expand globally. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

OCTOBER 10, 2018

Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments. The wire transfer, made popular by Western Union more than 150 years ago, may not seem to be the most innovative rail. Thieves attempted to steal $5.3 counterparts are not available.

Fraud 116

Fraud Compliance Innovation Payments 116

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. In fact, according to our recent study, they come in dead last.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

JUNE 17, 2016

You want to buy them out,” referring to the banks. Unfortunately, “60 Minutes,” famous for investigative journalism, missed the really big story in FinTech. It has lost more than 80 percent of its market cap since its late December 2014 IPO. Blockchain technology is quite innovative.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

PYMNTS

APRIL 20, 2017

million over the course of the next three years to build up a FinTech hub in Charlotte. I helped to start the Charlotte Entrepreneurs Organization’s (EO) chapter in 1998 to help foster dialogue in the Queen City around innovation and opportunities. Another trademark characteristic of Charlotte is that it is a major banking hub.

Charlotte 118

Charlotte North Carolina Community United States 118

PYMNTS

MARCH 30, 2017

Alternative lending was supposed to be the way SMEs broke through banking barriers to gain access to capital, enabling them to boost growth opportunities, investment options, commercialization of innovations and employment. based alternative lending FinTech iWoca. where big banks have continued to increase their lending to SMEs.

Lending 100

Lending Capital Operations Software 100

Fintech Labs Insights

MAY 3, 2023

These are the largest events in the insurance industry geared towards technologists, program managers, marketers, developers and C-Suite execs at both legacy insurers and upstart insurance tech firms. Event Spotlight Pushing the boundaries of insurance innovation by bringing together the latest technology and top talent.

Conference 15

Conference Las Vegas San Francisco Nashville 15

PYMNTS

JUNE 1, 2017

The other innovation seen in the past year, he added, centers on Federal Reserve activity and mobile payments “in that they are spearheading a move to move the entire industry and the consumers and the businesses to a real-time payment model.”. “Tokens are patterns,” he said, “and patterns can be predicted.” .

Payments 110

Payments System Software Mobile 110

Fintech Labs Insights

DECEMBER 8, 2022

If you are interested in broader fintech events such as Finovate or Money 20/20 , refer to our larger fintech event calendar. TIN Tech London Market. Insurance Innovators USA. Generations Fintech + Insuretech. Insurance Innovators Summit. The 332 Fintech Unicorns of the 21st Century (Dec 2022).

Conference 15

Conference Las Vegas San Francisco Nashville 15

Bank Innovation

APRIL 17, 2017

Sadly, these typically come at the greatest cost to those who can least afford them (sometimes referred to as the poverty premium). 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.

Fintech 268

Fintech Innovation Survey US 268

Fintech Labs Insights

JULY 11, 2023

These are the largest events in the insurance industry geared towards technologists, program managers, marketers, developers and C-Suite execs at both legacy insurers and upstart insurance tech firms. Below is our curated list of the best global insurtech events and conferences in 2023. And prices tend to rise as the event draws closer.

Conference 12

Conference Las Vegas San Francisco Nashville 12

PYMNTS

NOVEMBER 16, 2017

As credit unions (CUs) face increased competition from traditional banks and new players from the FinTech crowd, many institutions ponder the same question: What can we do to keep our doors open? Credit unions can find ways to offer their services even as new FinTech players emerge as competitors. From Mill Workers to Millennials.

Millennials 101

Millennials US New Hampshire Resources 101

William Mills

FEBRUARY 28, 2017

There really is no such thing as “trade show season” in the fintech industry. One is the 6th annual Bank Innovation 2017 , March 6-7 in San Jose, Calif., which features highly relevant and timely fireside chats/presentations among a solid mix of bank and fintech attendees.

Strategy 40

Strategy San Jose Conference Indianapolis 40

Fintech Labs Insights

FEBRUARY 3, 2017

It takes more than just one crystal ball to discern which trends will drive fintech innovation in 2017. Banking ‘Disappears’ and Other Fintech Predictions for ’17 – American Banker. Banking ‘Disappears’ and Other Fintech Predictions for ’17 – American Banker.

Fintech 12

Fintech Bitcoin Trends Conference 12

PYMNTS

OCTOBER 10, 2016

Already, the banking sector has spent $17 billion on Big Data and data analytics solutions in 2016; financial services is likely to remain Big Data’s top market in the future, according to research. That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions.

Big Data 100

Big Data Analytics Data Survey 100

Lex Sokolin

JULY 19, 2019

Facing pricing pressure and headwinds in several of its businesses, Deutsche is responding with a plan to fire 18,000 employees by 2022 and an announced investment of €13 Billion in technology and innovation by 2022. Many people in Fintech derisively refer to big bank incumbent activity around the start-up space as “Innovation Theater”?—?something

Training 40

Training Innovation Technology Software 40