PYMNTS

SEPTEMBER 30, 2020

This week’s commercial card innovation tracker finds a tie-up between a FinTech and a neo-bank to make cards available for Google Pay, as well as a Tokenization-as-a-Service offering from a card issuing platform. FinTech firm Nium has teamed with Southeast Asia neo-bank Aspire to enable a mobile payments feature with its cards.

Cards 192

Cards Innovation Google United States 192

PYMNTS

AUGUST 3, 2018

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability.

Fintech 115

Fintech United States Regulation Innovation 115

CFPB Monitor

OCTOBER 18, 2022

Hsu to respond to pointed questions about the OCC’s planned role in support of bank-fintech partnerships. Technological innovation fostered by fintech partnerships has enabled banks to reach segments of the population that may have been left behind and increase customer engagement.

Fintech 78

Fintech United States Community Innovation 78

PYMNTS

JULY 23, 2020

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by the end of 2020’s first quarter when COVID-19 was declared a pandemic. We surveyed 3,098 consumers, 100 CU decision-makers and 50 FinTech executives from across the U.S. Moreover, 89.4

Innovation 174

Innovation Report Cards California 174

PYMNTS

NOVEMBER 13, 2018

Collaboration amid competition has been a hallmark of the financial services space, as traditional financial institutions (FIs) join forces with FinTech startups. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Here In The States. Guidelines From The UK.

Community Bank 183

Community Bank Community Fintech Arizona 183

CB Insights

MARCH 13, 2019

They include cybersecurity company StackPath ($180M) and fintech companies Opera Solutions ($122M) & Petuum ($108M). The startup with the least funding on the list is Rhode Island’s The Innovation Scout , a SaaS platform that has raised $50K. The Innovation Scout. Total Equity Funding ($M). Rhode Island.

United States 78

United States Rhode Island Massachusetts Connecticut 78

PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? As for inroads into overall credit as a whole, the BIS noted that FinTech accounted for 13 percent of volume in China, and stood at 15 percent of lending to consumers and small and mid-sized enterprises (SMEs) in the United Kingdom.

Fintech 172

Fintech Lending United States Regulation 172

Chris Skinner

JUNE 8, 2016

Only three new banks have opened in the United States since 2010. Whilst almost 500 banks failed in the USA between 2008 and 2012, only three new banks opened.

Regulation 150

Regulation Innovation United States America 150

PYMNTS

OCTOBER 29, 2019

Walmart and Green Dot have announced that they are going to develop a FinTech accelerator together and call it “TailFin Labs, LLC,” the companies said in a release. The new FinTech accelerator will focus on integrating omnichannel shopping with technology-enabled solutions for consumers and businesses alike. 1 of next year.

Fintech 101

Fintech United States Retail Innovation 101

PYMNTS

OCTOBER 29, 2019

Walmart and Green Dot have announced that they are going to develop a FinTech accelerator together and call it “TailFin Labs, LLC,” the companies said in a release. The new FinTech accelerator will focus on integrating omnichannel shopping with technology-enabled solutions for consumers and businesses alike. 1 of next year.

Fintech 103

Fintech United States Retail Innovation 103

PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. One such innovation comes from credit union service organization (CUSO) PSCU , which recently released a desktop automation system to optimize CU call centers. million in 2019.

Innovation 155

Innovation St. Louis Fraud United States 155

Chris Skinner

MARCH 17, 2017

On Wednesday the American Office of the Comptroller of the Currency (OCC)* followed up on its promise last December to introduce a national bank charter for Fintech bank startups by issuing a white paper on how to apply for a licence, the evaluation process and what will be involved. See OCC Issues Responsible Innovation Framework.

Apple 307

Apple Innovation Fintech United States 307

PYMNTS

APRIL 24, 2020

COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home. However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members.

Data 187

Data Innovation Digital Banking Meeting 187

PYMNTS

NOVEMBER 21, 2019

21) a collaboration to help FinTechs and other financial-affiliated businesses with fast issuing of debit cards and bank accounts for customers, without expensive startup fees or long-term contracts. FinTechs, for example, can leverage the new initiative to create debit cards and bank accounts more easily.

Cards 183

Cards United States Innovation Fintech 183

Let's Talk Payments

JUNE 7, 2019

A growing number of new players in any industry is a sign of an expanding market and opportunities for innovators. FinTech is not an exception here. Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well.

Fintech 107

Fintech United States blockchain Financial Technology 107

PYMNTS

SEPTEMBER 24, 2019

JPMorgan Chase is committing $25 million to its Financial Solutions Lab in an effort to help grow and develop FinTech solutions for people in underserved communities. Recently, Chase has been adding a number of live events and interactive conversations on customers’ financial goals, called Chase Chats , to branches across the United States.

Fintech 128

Fintech Community United States Tools 128

PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. How Customer Expectations Have Driven Payments Innovation.

Regulation 245

Regulation Payments Innovation Fintech 245

Let's Talk Payments

MAY 31, 2019

For many years, FinTech and banks were assessed from the perspective of the zero-sum game. While FinTech firms were pegged as disruptors, banks were driven to make a move towards agility or face serious market challenges driven by innovative players. million in total. million in total.

Fintech 97

Fintech United States Analytics Community 97

Bank Innovation

MARCH 19, 2018

EXCLUSIVE— Most consumers in the United States stubbornly cling to their plastic payments, even as customers in other countries — see China — increasingly embrace at a steady rate mobile and other digital forms of payment. This could be due to the fact that, as many in fintech have stated, the card infrastructure in the.Read More.

Mobile 275

Mobile United States Payments Cards 275

Bank Innovation

JANUARY 16, 2018

EXCLUSIVE—Crypto wallet provider Wirex will be expanding its services to several new markets in 2018, including the United States, CEO Pavel Matveev told Bank Innovation. It’s [one of] our top priorities at the moment, we are in the process of getting a company, looking for names,” Matveev said. “We

Company 249

Company United States Innovation Marketing 249

PYMNTS

JULY 16, 2019

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. The debt funding was led by BHI, ConnectOne Bank, IDB Bank, Viola Credit and a large insurance company. “This is a significant step forward for Lendbuzz.

Fintech 122

Fintech United States Florida California 122

PYMNTS

APRIL 17, 2018

The hackathon will link innovators with APIs from Visa, the Small Business Innovation Research program (SBIR) and others to develop solutions to solve finance-related challenges faced by entrepreneurs today. The publication said this is the SBA’s first hackathon as part of its Small Business Week celebration.

Fintech 112

Fintech United States Innovation Tools 112

PYMNTS

NOVEMBER 21, 2019

21) a collaboration to help FinTechs and other financial-affiliated businesses with fast issuing of debit cards and bank accounts for customers, without expensive startup fees or long-term contracts. FinTechs, for example, can leverage the new initiative to create debit cards and bank accounts more easily.

Cards 143

Cards United States Innovation Fintech 143

PYMNTS

OCTOBER 8, 2020

Square , the FinTech payments company headed by Twitter CEO Jack Dorsey, announced on Thursday (Oct. The company has previously invested in bitcoin “from a product, leadership and legal innovation perspective.”. The company introduced bitcoin trading in 2018 with Cash App, and the following year launched the independent Square Crypto.

Bitcoin 289

Bitcoin cryptocurrency Virginia United States 289

Bank Innovation

SEPTEMBER 29, 2017

EXCLUSIVE— With P2D2 and other regulatory initiatives mandating the sharing of customer data, open banking is slowly becoming a reality in the United Kingdom and other European countries.

United States 236

United States Fintech Data Online 236

PYMNTS

JULY 22, 2019

Brazil is an advanced market — so advanced, according to Atassi, that one could argue it’s ahead of the United States in terms of the level of digital service consumers can routinely expect. The Latin American market isn’t going to slow down — not from an innovation standpoint, and not from a regulatory standpoint.

Innovation 161

Innovation Payments Regional America 161

Let's Talk Payments

JULY 20, 2017

The prime brokerage market in the United States has experienced significant changes in the last decade. The financial crisis of 2008 brought a wave of new financial regulations that put.

Regulation 104

Regulation United States Innovation Fintech 104

PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Mobile Wallet Provider Mynt Pulls in $175 Million in Funding. 26, according to the report.

Video 130

Video United States Mobile Payments 130

PYMNTS

OCTOBER 5, 2016

South African FinTech Peach Payments announced on Wednesday (Oct. One of the biggest challenges businesses in emerging economies face is that traditional online payment systems in Europe and the United States were developed in and for these markets. 5) plans to expand its business to Kenya and Nigeria.

Fintech 190

Fintech Payments United States Online 190

PYMNTS

JANUARY 30, 2019

In addition, Central JD Fintech is introducing the Dolfin wallet in Asia , and AMS Public Transport Holdings Limited along with AlipayHK is launching a minibus mobile payment system also in Asia. Coverage includes the roll out of a new payment solution from Canada ’s Lightspeed. The technology is said to process a payment in 0.3

System 122

System Fintech United States Big Data 122

PYMNTS

SEPTEMBER 18, 2019

“At InstaReM we’re committed to giving people the platform to use their money their way and after launching successful operations in some of the high-traffic corridors in the Asia-Pacific, European Union and the United States, we are thrilled to arrive in Canada,” InstaReM Co-Founder and CEO Prajit Nanu said in the release. .

Fintech 164

Fintech United States Analysis Digital Banking 164

PYMNTS

JULY 10, 2020

As financial institutions (FIs) work with FinTechs, they need to know that these tech-nimble startups are not only enabling access to customers’ account data but also in a manner that embraces KYC and AML. The end goal: to speed innovation toward new products and services while keeping fraudsters out. Regulation Vs. Market Forces.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

SEPTEMBER 27, 2017

The FinTech space is hoping to address these challenges head-on, targeting the paper and manual-based processes of trade finance transactions though innovations like blockchain. The survey polled more than 515 banks and 1,336 companies across 103 countries, finding that FinTech innovators can, indeed, help address the $1.5

Fintech 128

Fintech Survey Lending United States 128

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm. ”

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

OCTOBER 14, 2020

Why London’s Calling For The FinTech Industry. FinTech scene — and that was before a global pandemic was added to the mix. Netflix has taken down the “free trial” option from its site for would-be subscribers in the United States, but is trying other ways to attract new users.

Retail 173

Retail Charlotte Apple Payments 173

CFPB Monitor

JUNE 10, 2022

On June 1, 2022, plaintiff Kristen Michael filed a class action lawsuit against FinTech lender Opportunity Financial, LLC (“OppFi”) on behalf of herself and a putative class alleging, inter alia , that OppFi loans money at an interest rate upwards of 130% higher than allowed by state law. Opportunity Financial, LLC , Case No.

Texas 78

Texas Fintech California Utah 78