PYMNTS

OCTOBER 14, 2020

Head Keith Grose and Innovate Finance CEO Charlotte Crosswell told Karen Webster as part of a recent PYMNTS TV session on London’s FinTech environment, in partnership with London & Partners, the official international trade, investment and promotion agency for London. It was an obvious choice for [Plaid] to be in, honestly,” Grose said.

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PYMNTS

NOVEMBER 10, 2020

Indonesian FinTech LinkAja closed a series B funding round led by Singapore super app Grab, with participation from Telkomsel, BRI Ventura Investama and Mandiri Capital Indonesia. . “We Cash is still the main medium of exchange in Indonesia, and there are millions of Indonesians who are still unreached by the traditional banking system.” .

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PYMNTS

AUGUST 16, 2018

Belgium, which is home to many European Union (EU) institutions, is also a burgeoning FinTech hub. The country has the fifth-highest number of FinTech deals in Europe, according to an analysis from Belgium-based European FinTech platform B-Hive. ” FinTech firm recovr is among the startups based in Belgium.

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PYMNTS

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards. “An

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PYMNTS

JUNE 18, 2019

Movement to foster collaboration between FinTech firms and traditional financial firms continues to gather steam across the globe, aided by government encouragement and initiatives. FinTech Alliance debuted this week, with a roster that tops 500 members. The main thing that will be removed is lending. banking charter. …

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PYMNTS

SEPTEMBER 5, 2019

Abiodun Animashaun, the co-founder of the Lagos-based ride-hailing startup Gokada, will serve as country manager. In addition to its main product, Chipper Cash also started Chipper Checkout, a fee-based mobile payments product that will also be available in Nigeria within several months.

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Bank Innovation

APRIL 17, 2017

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.

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PYMNTS

SEPTEMBER 10, 2019

This kind of alleged misbehavior demonstrates why strong know your business (KYB) practices are critical, explained Zac Cohen, general manager of global identification provider Trulioo in a recent PYMNTS interview. Deep Dive: How FinTechs, FIs Can Arm Up Against Fraud. Cohen also detailed the difficulties of good KYB practices.

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PYMNTS

DECEMBER 23, 2020

The 6-year-old who get his hands on Mom’s iPad and manages to rack up $16,000 worth of credit charges for online gaming. The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. We’ve all heard the horror stories. Creating A Balance.

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PYMNTS

SEPTEMBER 29, 2017

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. Managing Risk.

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PYMNTS

MAY 27, 2020

And, they said, traditional players can find competitive strength by linking up with firms that had previously been viewed as foes (that would be FinTechs). Likewise, there is still a necessity in banking and money management that involves documents and other items.”. We’ll figure out a way to make a partnership,” he said.

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PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The subject? Trust in Banks.

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Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. I believe it will have them as main actors, therefor competing directly with the fintech-startups, such as the P2P lending companies. Change or die. In the meantime, coexistance may be possible.

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PYMNTS

JUNE 15, 2020

Wirecard’s Head of Sales and Project Management for Financial Institutions Leonard Coen said in the announcement, “Wirecard began as a startup 20 years ago. Payhawk is one such startup, innovative with a solid business plan, and we are delighted to be supporting such a promising FinTech on their path to success.”.

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PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

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PYMNTS

MARCH 1, 2020

The payroll software makes it easier for companies to manage workers’ salary information. “It Our main objective is to provide digital salary management, impart education on essential labor laws and provide secure financial solution opportunities to blue-collar workers.

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Chris Skinner

OCTOBER 22, 2017

This week’s main blog headlines are … Why bankers only see horses and technologists are creating cars I was at a large bank’s wealth management conference recently, where the CEO was being quizzed about various areas including a lot about technology and FinTech.

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PYMNTS

NOVEMBER 27, 2019

The story he told PYMNTS was one of FinTech’s global impact, and how the contributions of SMBs are being recognized for their importance. We want to help them start a business and manage a business, and expand a business,” Munyuki said. However, that’s changing. SMBs] are the backbone of many economies,” he said.

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PYMNTS

APRIL 13, 2020

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX.

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Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Main Street Banking: A Podcast for Community Bankers 8. A quick look at top banking podcasts worth a listen, according to Abrigo : 1.

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PYMNTS

JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release. Diokno, Philippines’ Central Bank (BSP) governor in the release.

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Insights on Business

MAY 1, 2019

While deregulation has been a trend over the past few years, compliance monitoring and regulatory change management remains a top focus for financial institutions of all sizes. Some of the key themes our panelists discuss will focus on these main areas: 1. Volume of regulatory alerts.

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ForwardBanker

MARCH 7, 2018

DX18 brought together leading industry experts as well as treasury management, marketing, and retail executives responsible for market growth. The post Learnings from the Main Stage at DX18 appeared first on Deluxe FS. It was all.

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Celent Banking

JANUARY 28, 2016

Earlier this week, I was kindly invited to join the panel on “what’s hot in Fintech” at Citi’s Digital Money Symposium, and it was one of the central questions we debated as a group. My colleague Stephen Greer has also discussed Bank-Fintech relationships on these very pages, for example, see here and here.

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CB Insights

NOVEMBER 6, 2019

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. KEY TAKEAWAYS.

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PYMNTS

JULY 9, 2020

By using Visa’s card payment infrastructure and expertise, the company hopes to offer a quality product, according to Terry Angelos , senior vice president and global head of FinTech at Visa. “We are working to transform spend management,” he said, according to the release.

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PYMNTS

JANUARY 11, 2018

While the data included business loans, Magilla noted that mortgages are the main driver behind this trend. “While there is a common perception that a weaker pound benefits exporters, our findings challenge this binary narrative,” said BFS managing director for foreign exchange, Michael McGowan. ”

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Bank Innovation

JANUARY 7, 2019

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One

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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. According to Mittal, there are three main factors that small businesses in India need to succeed: a “strong network, access to finance and simplified business support functions.”

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Chris Skinner

MAY 7, 2017

A summary of the main blogs of the week … Frictionless Finance with FinTech Larry Summers, former director of the National Economic Council for President Barack Obama, writes a regular column in The Financial Times. His latest piece is his take on FinTech, which has the main headline that FinTech is taking away frictions in finance.

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PYMNTS

APRIL 30, 2018

IBM’s management team described its blockchain developer toolkit as another way to make it easier for innovators to “stand up” blockchain networks. A month later, a new management team was put in place to rebuild the business. In the developed world, delivering banking services must be more than acting as a prepaid program manager.

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PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. Cash Flow Management. This Indian startup offers small and medium-sized businesses cash flow management solutions through an array of services, like invoice management, expense tracking and other features, reports said last week.

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PYMNTS

AUGUST 14, 2018

No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. In the world of transaction monitoring for compliance, the spreadsheet becomes the all in all: a ledger, analytics, tracking, case management and auditing tool. Build vs. buy.

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PYMNTS

JULY 3, 2020

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. ” Offering the Right Tools. .”

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PYMNTS

AUGUST 12, 2020

Small businesses have landed at the center of B2B FinTechs’ and financial service providers’ latest collaborative efforts. In this week’s roundup of open banking initiatives and bank-FinTech tie-ups, PYMNTS finds a renewed push to strengthen SMB banking experiences including financing, account management and more.

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PYMNTS

OCTOBER 2, 2020

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 The partnership marks the retail giant's foray into privately managed Medicare Advantage plans. Goldman to Pay $2.5B for General Motor's Credit Card Business. billion in spending per year.

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PYMNTS

APRIL 11, 2016

As the wave of FinTech lenders who stepped into the markets after the financial crisis pushed much of their mainstream banking competition out of the game are coming into a new era with rising interest rates and falling investor demand, their strategic approach to that market is changing. SoFi created a similar fund earlier this year.

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