PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Airwallex Taps Deutsche Bank.

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Fintech Cards Technology Samsung 277

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.

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Lending Fintech Atlanta Capital 116

PYMNTS

NOVEMBER 30, 2020

At a time when surging coronavirus counts are once again muddying the outlook for consumers and business owners, MerchantE Chief Financial Officer Shim Steinmetz says the crisis has also provided a silver lining of sorts to nimble FinTechs that can solve merchants’ cash crunch problems. Or consider Sears.

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Fintech Innovation Analytics Seattle 211

PYMNTS

MAY 2, 2017

For small business lenders and for FinTech too, expansion is key; but for Biz2Credit, expansion is literal. In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients.

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Puerto Rico Lending Online United States 118

Bank Innovation

AUGUST 15, 2018

Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

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Lending National Marketing social media 282

Bank Innovation

JULY 5, 2018

Laurel Road, a bank that is selling fintech products and services, has scored a sales win, securing Country Bank as a client. have recently added digital mortgage lending, and that same […]. Laurel Bank Road is hitting on a trend: more small banks are considering digital methods for loan underwriting.

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Lending America Trends Fintech 199

Bank Innovation

AUGUST 19, 2016

Today it was revealed that banking giant Goldman Sachs will be launching an online retail lending operation called Marcus, after founder Marcus Goldman, as reported by the New York Times, The operation will likely roll out this October, and will start by offering small consumer loans from $15,000 to $20,000.

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Lending New York Operations Online 150

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.

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Fintech Lending Industry Payments 247

Bank Innovation

JULY 31, 2018

It’s good news for fintechs in lending and payments that want a federal banking license, the Office of Comptroller of the Currency (OCC) has started accepting applications starting today. The fintech charter does not require deposit insurance from the FDIC, per a recommendation from the Treasury Department.

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Fintech FDIC Lending Payments 218

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. and India, alternative small business lending technology company CreditEnable has revealed a $2 million seed round, according to Inc42 reports. CreditEnable.

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Security Fintech Capital Management 204

PYMNTS

JULY 3, 2019

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. According to the publication, the partnership is not only noteworthy for the FI’s work with a FinTech.

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Community Bank Community Fintech New Jersey 116

CB Insights

JUNE 1, 2021

As the pandemic has pushed more financial transactions online, embedded lending — which lets retailers and other non-financial businesses offer lending products to customers — is gaining traction. FREE DOWNLOAD: STATE OF FINTECH q1’21. The post Should Banks Adopt Embedded Lending?

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Lending Retail Fintech Online 59

Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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San Francisco Fintech United States Marketing 236

PYMNTS

JANUARY 18, 2017

Misys is offering banking clients access to its P2P lending software, reports said Tuesday (Jan. The financial technology firm revealed it will offer banks access to its peer-to-peer lending technology to help banks compete with younger alternative lenders in the industry.

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Lending Software Financial Technology Online 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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Online Company Retail Payments 98

Bank Innovation

JANUARY 30, 2018

EXCLUSIVE – If the future of banking is partnering with fintech startups, then finding the most innovative and efficient fintechs becomes crucial for banks’ success. based The Venture Center’s FinTech Accelerator program, which is backed by financial […]. One such program is Little Rock, Ark.-based

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Fintech Innovation Capital blockchain 358

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi. retailers spiked 44 percent year-over-year in the second quarter.

Cards 254

Cards Fintech Management Lending 254

Bank Innovation

AUGUST 14, 2019

Its latest fundraising gave Klarna, which facilitates online installment payments, a $5.5 European fintech companies raised $3.3 When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders.

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Fintech Financial Technology Capital Online 170

Bank Innovation

JANUARY 23, 2018

EXCLUSIVE – The two fundamental keys to most challenges retail banks and payment companies face on the innovation front are personalization and efficiency, according to Alberto Corvo, a founding partner at fintech focused investment firm Motive Partners.

Innovation 186

Innovation Retail Fintech Payments 186

PYMNTS

APRIL 10, 2020

The company assists small and medium-sized enterprises (SMEs) with growth through lending. It aids small manufacturers, business-to-business (B2B) service providers and online retailers. As it stands, the entire FinTech space is impacted with the COVID-19 spread in India. billion in overall funding.

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Capital Lending Fintech Meeting 230

PYMNTS

JUNE 24, 2016

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 Online to offline coming to Walmart near you, and we mean that sincerely.

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Lending Online South Dakota North Dakota 101

PYMNTS

DECEMBER 2, 2020

London-based FinTech Revolut is introducing a new feature in the U.K. billion in sales for the holiday, smashing records for the biggest online shopping day ever, according to Adobe Analytics. Adobe adjusted its online sales forecast to $184 billion for the entire holiday season (down from $189 billion), a 30 percent hike over 2019.

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Payments Capital Lending Retail 140

PYMNTS

JULY 19, 2016

Lending Club, which has been struggling to recover from loan errors and the departure of its Chief Executive (among other issues), has named Patrick Dunne, a veteran of BlackRock, as its new chief capital officer. Dunne is well known in financial circles and his appointment is seen as a boon to the beleaguered Lending Club.

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Lending Capital San Francisco Fintech 100

BankInovation

AUGUST 3, 2021

Square announced Sunday that it would acquire Australian fintech Afterpay for $29 billion, its largest acquisition to date. This fast-growing type of unsecured lending is changing the game for retail and online purchases, consulting firm McKinsey & Company […].

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Lending Fintech Retail Online 98

Bank Innovation

MAY 29, 2018

Here are some of the important trends that Bank Innovation pulled out of the fintech chatter […]. A lot happened in the digital banking world this month, from major events in the payments worlds like PayPal acquiring iZettle for $2.2 billion only days before its IPO to major regulations such as GDPR going live last week.

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Trends Fintech Innovation Digital Banking 246

Bank Innovation

DECEMBER 16, 2019

The man was struggling to pay his bills, and an online lender had offered him a personal loan to pay off some 10 credit cards. Lara Briehl had a desperate client who was itching to accept an offer. Accepting, he thought, would help him escape crushing debt. The interest rate offered, however, was about 10 […].

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Fintech Cards Online Lending 259

Gonzobanker

FEBRUARY 19, 2020

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. These numbers represent an increase from 49% and 60%, respectively, in 2019. Register here.

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Strategy Fintech Study Customer Experience 120

PYMNTS

JULY 14, 2020

Silicon Valley FinTech Affirm is also a regular in the top 5 this year. In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. The account comes with 1.30

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Lending FDIC Minneapolis Utah 130

PYMNTS

OCTOBER 2, 2020

The European Central Bank says Europe should be ready to adopt a digital euro so residents can access money amid the evolving retail payment landscape. The purchase furthers Goldman's push into Main Street lending and gives Goldman access to over one million cardholders, who account for roughly $8.5 Goldman to Pay $2.5B

Cards 193

Cards Payments Atlanta Google 193

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit. million in consumer losses.

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Trends Fraud Millennials Community Bank 175

Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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San Francisco Fintech Innovation Technology 276

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. The consumer bank will be divided into one section focused on consumer lending, and the other on branches and small businesses.

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Retail Cards Millennials Fraud 141

PYMNTS

FEBRUARY 12, 2019

Any number of “faster” rails are coming online through the next several months. 2,225: The amount bridge millennials spend, on average, on annual retail purchases. 90 percent: The share of retail sales that the Census estimates happen at the physical store.

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Millennials Payments Retail Lending 154

Bank Innovation

DECEMBER 26, 2018

This year the financial services industry saw a lot of fintech M&A activity. Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. iZettle is […].

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Fintech Innovation Industry Payments 218

PYMNTS

SEPTEMBER 20, 2018

In addition, Flipkart may also apply for a new non-banking financial company (NBFC) license to boost growth for the online retailer as it takes on Amazon in the Indian eCommerce world. The next phase of growth in online retail is going to come from Tier-2 and Tier-3 markets.

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Lending Retail Online Fintech 176

Bank Innovation

JUNE 23, 2017

INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. Here are the five companies of Class 3 of INV Fintech: CoverHero is an intelligent insurance roboadvisor that helps users manage, understand, and buy […].

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Fintech Management Company social media 218

PYMNTS

AUGUST 25, 2019

Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories. And Experian Australia & New Zealand announced that it has acquired FinTech Look Who’s Charging.

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Data Fintech Lending Regional 109