PYMNTS

NOVEMBER 1, 2018

So it is with the Chinese alternative lending space, with various nomenclature in place, seemingly interchangeable, embracing P2P loans or internet lending – in short, funds flowing outside the confines of the bank branch and the teller window. Regulations take shape, usually quite a bit more slowly.

Lending 150

Lending Guidelines Fintech Industry 150

PYMNTS

APRIL 30, 2019

Ireland has been ramping up to boost FinTech efforts — a trend that has spanned several countries globally. The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. Other firms that operate within P2P lending and insurance technologies will be considered.

Fintech 189

Fintech Regional Operations California 189

PYMNTS

MARCH 19, 2019

Grab Financial Group , the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Grow with Grab” is its full push into lending and insurance, the company said in the press release.

Lending 131

Lending Fintech Groups Policies 131

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. Mobile wallets. Quick Stat.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

Lending 129

Lending Analytics Data Security 129

Bank Innovation

JULY 12, 2018

Most fintech startups don’t survive. The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim.

Fintech 247

Fintech Lending Industry Payments 247

PYMNTS

JANUARY 22, 2019

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday (Jan. The firm enables businesses to accept electronic payments via mobile POS device.

Lending 137

Lending Payments Tools Capital 137

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. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

OCTOBER 4, 2019

The PYMNTS September Credit Union Tracker pointed to the growing pressure for credit unions to respond to their members’ rising demands for mobile-friendly platforms, faster payment services and other modern financial products. ” Of the thousands of these players operating in the U.S. The Open Banking Trajectory.

Lending 152

Lending Community Bank US Community 152

PYMNTS

FEBRUARY 23, 2020

In a submission to a senate inquiry into financial and regulatory technology, PayPal and other fintech companies recognized alternative business finance as a key strategy moving forward, according to the Sydney Morning Herald on Friday (Feb.

Lending 226

Lending Fintech National Strategy 226

PYMNTS

MAY 25, 2018

After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a leader in financial inclusion. And, since Kenya has been an experimental case for new digital lending tools, Reuters said that the regulation will be closely monitored by fintech startups.

Regulation 101

Regulation Lending Mobile Course 101

PYMNTS

AUGUST 28, 2019

In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

SEPTEMBER 17, 2019

France’s FairMoney , a small business and consumer micro-lending technology company operating in Nigeria, has announced $11 million in venture capital funding. Mobile FinTech is key to addressing financial inclusion for under-banked businesses and individuals, particularly in Africa where smartphone penetration is high.

Mobile 116

Mobile Data Fintech Digital Banking 116

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

JULY 7, 2020

There’s no shortage of disruptors — particularly neobanks that promise to change everything from checking to lending — but don’t count legacy players out just yet, Dr. Jud Linville , senior advisor at growth equity firm General Atlantic , told Karen Webster. What FinTechs And Neobanks Should Do Here. Don’t Rule Out Collaboration.

Fintech 223

Fintech Innovation Software Technology 223

Abrigo

JUNE 14, 2017

Many banks and credit unions have found a path to growth via partnerships with fintechs. Technology partners offer much more than just software to banks; a fintech partnership provides delivery channels, convenience, corporate governance , advisory services, and industry data. Are customers requesting new products?

Fintech 170

Fintech Software Lending Millennials 170

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. The company said its loans, which are between $10 and $500, are dispersed to a mobile wallet or via a payment method of the customer’s choice. “At Tala currently operates in Kenya, Tanzania, the Philippines and Mexico, and has launched a pilot in India.

Lending 193

Lending Company Marketing Regional 193

Bank Innovation

APRIL 27, 2018

Singapore is taking another step towards cementing itself as the top fintech hub in the world. Today the Intellectual Property Office of Singapore (IPOS) said it would speed up the patent granting process for fintechs in the country.

Fintech 337

Fintech Study Operations Online 337

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Their next target could be small business lending, and according to some experts, it’s fast approaching the market. New reports in Bloomberg on Wednesday (Oct. We’re starting to see that.”.

Lending 109

Lending Google Fintech Industry 109

Bank Innovation

JANUARY 15, 2018

Big banks say they want to invest in fintech. But which are the ones actually putting their money on it? Well according to a report by CB Insights, of the ten bulge bracket banks, that would be Goldman Sachs. Based on the new report by CB Insights, which looked at top bulge bracket budget banks, […].

Fintech 364

Fintech Report Operations Capital 364

PYMNTS

OCTOBER 2, 2018

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers. Avant’s consumer-facing product is devised as a digital alternative to that market.

Lending 134

Lending Alabama Online System 134

Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Some even say that blockchain will be the most influential FinTech technology of 2018.

Fintech 129

Fintech blockchain Fraud United States 129

PYMNTS

AUGUST 21, 2018

Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. The insurance FinTech, said the site, will seek to offer insurance contracts that are binding in real time, whereas traditionally insurance companies have finished the process. The FinTech is Finserve Africa.

Fintech 101

Fintech Lending Groups Digital Strategies 101

PYMNTS

MAY 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. Morgan Stanley’s move comes at a time when the Brazil FinTech market is exploding. Fortress Investment Group also took part in that deal.

Fintech 116

Fintech Marketing America Report 116

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

Bank Innovation

JUNE 25, 2018

Marcus, the consumer lending arm for Goldman Sachs, wants to become the one-stop shop for many of your financial matters, except for one: credit cards — at least for now. “Our fundamental thinking on the credit card space is that there is a lot of innovation that is required. It is true that the industry has a […].

Lending 199

Lending Cards Innovation Industry 199

PYMNTS

JULY 1, 2016

For weeks the FinTech industry has been managing fears and anxieties over the future of the novel alternative finance space. Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Alternative Lending. Lendingkart. Five Star Business Finance.

Lending 101

Lending Analytics Capital Industry 101

Bank Innovation

DECEMBER 19, 2017

EXCLUSIVE — The year of 2017 has been marked with more than a few good and not-so-good trends: but we’ll stick to fintech.

Trends 352

Trends Fintech cryptocurrency Operations 352

PYMNTS

MARCH 29, 2019

For Ant Financial it would make sense to invest in the FinTech arm of Grab because it is expanding into Southeast Asia. billion in a venture funding raising round led by Softbank’s Vision Tech Fund and announced SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. It recently raised $4.5

Fintech 152

Fintech Groups Google Policies 152

Independent Banker

DECEMBER 1, 2021

50% of consumers now interact with their bank through mobile apps or websites weekly – up from 32% two years ago. However, data from PwC shows that community banks are finding complementary partnerships that evolve their operations and the service they provide customers. Benefits of FinTech partnerships.

Community Bank 91

Community Bank Community Fintech Guidelines 91

Bank Innovation

APRIL 17, 2017

Somehow — despite the increased popularity of fintechs — this seems more likely (or […]. Imagine waking up to an email from your bank saying that all your accounts will be shut down in a month, through no fault of your own. Seems unlikely, doesn’t it? How about getting that same email from a digital-only startup bank?

Fintech 330

Fintech Operations Online Security 330

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

CFPB Monitor

MAY 19, 2022

As described in the Order, SoLo’s website promotes its ability to “connect lenders and borrowers” through a mobile application (“Platform”). To lend or borrow using the Platform, lenders and borrowers are required to set up a special account at a designated bank.

Connecticut 78

Connecticut Operations Fintech Regulation 78

PYMNTS

JULY 24, 2017

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Reports Friday (July 21) said Mitrausahua Indonesia Group, which operates a peer-to-peer lending platform, has launched a mobile app for individual investors of small businesses.

Fintech 109

Fintech Lending Mobile Groups 109

PYMNTS

DECEMBER 17, 2020

Kakao Bank is one of only two digital banks in the country and became profitable in 2019, according to Reuters, after less than two years of operation. Kakao Pay , the FinTech arm of Kakao Corp. Once that goes through, it will be the first South Korean FinTech working in mobile payments to make a public debut.

Samsung 243

Samsung Digital Banking Security Fintech 243

PYMNTS

MARCH 14, 2016

That means the region is becoming a sweet spot for FinTech investment. But, in Asia, the funding rounds that stretched across India, China and other nations — lured by the buying power of billions of consumers tied to their mobile devices — grabbed a relatively higher pace of fund flows. As a region, Asia has seen $4.5

Fintech 100

Fintech Regional National Mobile 100

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. In one of the largest investment rounds of the week, Colombia’s Portal Finance announced $200 million for its lending solution for banks. Based in the U.K.,

Fintech 109

Fintech Capital Lending Software 109