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First Bankcard, Provident Bank Team For Commercial Payments

PYMNTS

Provident Bank, a New Jersey-based financial institution (FI), will issue a comprehensive suite of commercial payment solutions in conjunction with First Bankcard. Macko, senior vice president, director of corporate cash management.

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The United States Of Fintech Startups

CB Insights

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. New Jersey.

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Banking On APIs For B2B Innovation

PYMNTS

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.

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7 ways community banks can boost profitability

Independent Banker

A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. There are many examples of bank-fintech partnerships. Cheryl Winokur Munk is a writer in New Jersey.

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Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Labs Insights

Two FinovateSpring 2015 presenters landed big rounds: Credit Sesame raised $16 million to expand its debt management and credit tracking platform. Vouch landed $6 million to help put the “first P” back in P2P lending. Consumer credit management. Online lending ( Paidy ). HQ: New York City.

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B2B FinTechs Overcome Pandemic VC Slump

PYMNTS

New Jersey’s Buckle is an InsurTech company focused on arming the gig economy, including rideshare providers, with access to total insurance coverage. based small business lending platform iwoca, which secured $131.45 earlier this year. also participated. One of the largest investment rounds this week landed at U.K.-based

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DriveWealth Brings Robo-Advisory to China in New Partnership with CreditEase

Fintech Labs Insights

The robo-advisor wave rolls on as Finovate Best of Show winner DriveWealth announces that it is launching a new solution designed for Chinese investors called ToumiRA. DriveWealth is partnering with Chinese marketplace lender and wealth manager, CreditEase to deploy the rovo-advisor technology, and will serve as the US broker.