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. The government, for instance, has set up funding meant to guarantee and encourage more lending to those smaller operations. However, that’s changing. But things are changing,” he told PYMNTS.

Fintech 167

Fintech Regional Regulation ATM 167

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. Staying Updated.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. ius noted, this is often because the heart of the cryptocurrency industry is often at odds with the nuances of regulation.

cryptocurrency 283

cryptocurrency Compliance Regulation Payments 283

PYMNTS

AUGUST 14, 2019

A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. In Southeast Asia, FinTech InstaReM recently released a new platform of its own. Financial institutions (FIs) that use the platform can also access data that can be used to pursue new revenue opportunities.

Fintech 168

Fintech Payments Cards Regional 168

PYMNTS

DECEMBER 17, 2020

UK FinTech GoCardless Raises $95 Million Led By Bain. FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. Fiserv To Acquire FinTech Ondot Systems. The FinTech Fiserv has signed a deal to acquire Ondot Systems. Main Street SMBs Wax Optimistic On Surviving The COVID-19 Age.

Massachusetts 147

Massachusetts Bitcoin Payments System 147

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. Risk also scales higher, as there exists the danger of missing the red flags that mean companies can run afoul of regulators and their compliance mandates. Build vs. buy.

Fintech 102

Fintech Compliance Resources Tools 102

PYMNTS

JANUARY 11, 2018

While the data included business loans, Magilla noted that mortgages are the main driver behind this trend. The report noted no correlation between banks’ implantation of digitized solutions in their trade finance operations and rejection rates of providing trade finance to businesses. So while lending volume in the U.S. ”

Fintech 126

Fintech Lending Trends Operations 126

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

FEBRUARY 3, 2020

This prospective growth can largely be attributed to the Monetary Authority of Singapore (MAS), the region’s main regulator, which announced in June 2018 that it would grant five digital banking licenses to third-party companies. APIs and open banking growth.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

PYMNTS

JANUARY 2, 2020

Banks and FinTechs in the European Union have settled into a period of harmony with the revised Payment Services Directive (PSD2). These financial institutions ( FIs) have recognized how this regulation has affected the EU financial ecosystem, and they have passed that familiarity onto the merchants and payment providers that work with them.

Regulation 131

Regulation California Regional Fintech 131

PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. According to its cofounder, Aditya Tulsian, incoming tax regulation changes, along with India’s recent demonetization, mean SMEs are going digital and will need to keep better track of funds. with an $18 million investment. B2B eCommerce.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

APRIL 30, 2020

The COVID-19 pandemic has caused an impact on open banking developments worldwide as regulators, financial institutions (FIs) and businesses set their sights on helping their current customers rather than future innovations. where regulators have been workshopping potential rules for several years. Seventy percent of U.S.

Regulation 188

Regulation Regional Data United States 188

PYMNTS

APRIL 2, 2018

The Securities and Exchange Commission (SEC) announced news on Monday (April 2) that it charged Michael Liberty, the founder of Mozido , the FinTech startup, with scamming investors out of their money. Unscrupulous operators make it difficult for ordinary investors to assess such ‘investment opportunities.’”.

Boston 126

Boston Security Fintech Maine 126

PYMNTS

JULY 18, 2019

The second Payment Services Directive (PSD2) is changing how banks share data and interact with third-party providers and FinTechs, which are now relying on open banking information and application programming interface (API) access to build out new products. They] should offer other [institutions’] products as well.”.

Innovation 164

Innovation Data Regulation Fintech 164

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

blockchain 101

blockchain Software Fintech Maine 101

PYMNTS

OCTOBER 17, 2017

An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank.

Industry 108

Industry Fintech FDIC Community Bank 108

PYMNTS

FEBRUARY 27, 2018

For franchise owners, and small businesses overall, Morehouse said the financial data key to adequate cash flow forecasting generally comes from three main sources: the financial service provider, like a bank; payroll and the point-of-sale (POS) system. where regulators aren’t forcing data sharing. In the U.S., In the U.S.,

Data 100

Data Fintech Analytics Analysis 100

PYMNTS

JUNE 17, 2019

Purdue is also said to report to Mark Bailie, who is the CEO of Bó and was reportedly the “main champion for Loot within RBS” per one unnamed source. As for Bó, the company is operating as a distinct unit from the legacy operations of RBS and created on a technology stack that is new.

Digital Banking 101

Digital Banking Maine Report Operations 101

PYMNTS

JANUARY 31, 2020

Financial institutions (FIs) and merchants in the European Union (EU) have had some time to get used to both the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2). Australian regulators are still deciding how Open Banking will affect FIs within their country.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

DECEMBER 8, 2020

Identity verification solutions provider Jumio recently announced that it launched a video-based verification solution geared toward FIs, FinTechs, digital wallet providers and cryptocurrency exchanges that are looking to boost their digital onboarding capabilities. About The Tracker .

Video 211

Video Report Meeting United States 211

PYMNTS

FEBRUARY 5, 2020

A survey of Hong Kong and Singaporean bankers, for instance, found that 23 percent are wary of adopting APIs because of unclear regulations. FinTech firms show less reluctance, however, and many of these companies are seizing APIs to launch new offerings for SMBs. One-third of U.K.-based

Payments 195

Payments Charlotte Survey System 195

PYMNTS

FEBRUARY 21, 2018

To tackle this issue, companies are looking to infuse AI with a bit of humanity, help consumers better connect with computer-operated services and offer improved insights. With the approval in place, the company is now able to fully operate in the PSD2 scheme. Meanwhile, Emma Technologies LTD has celebrated an AI milestone.

Digital Banking 163

Digital Banking Fintech Software Operations 163

PYMNTS

OCTOBER 4, 2019

To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. ” Of the thousands of these players operating in the U.S. and Europe, open banking regulations exist to promote competition and enable FinTechs to strengthen their service offerings to customers.

Lending 152

Lending Community Bank US Community 152

Chris Skinner

FEBRUARY 26, 2017

A summary of the main blogs of the week … The FinTech Wave, Part One (part two next week) I wrote a blog the other day for The Next Web. the 2030s and Samantha There’s a line in the 2013 film Her, it’s not just an operating system, it’s a consciousness. I thought it was ok, and it has gained a lot of traction socially.

Phoenix 150

Phoenix Maine Analytics Analysis 150

PYMNTS

NOVEMBER 19, 2019

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. Cards are still one of the main engines of payments, and that’s not changing anytime soon.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

JANUARY 23, 2020

5AMLD’s impacts include strengthening anti-money laundering (AML) and counter-terrorist financing (CTF) regulations in the cryptocurrency space — something that has not pleased all the affected crypto companies. Around The AML/KYC World. Fiat-focused digital wallets must also boost their security.

Fraud 157

Fraud Security Regulation cryptocurrency 157

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. Other recent API developments aim to offer professionals an efficient way to process payments and remain compliant with local regulations.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

NOVEMBER 22, 2018

The overarching regulations have functioned at an EU-wide level, with various market authorities overseeing everything from basic banking services tied to lending and deposits to credit ratings and trade accounts. Critics charge that equivalency can be revoked by regulators in Brussels, and that the U.K. do not have cards.

Fintech 156

Fintech Regulation Course Cards 156

PYMNTS

DECEMBER 30, 2019

The December Faster Payments Tracke r explores the opportunities that smart FinTechs are taking in the education space and looks at the expanding cross-border tuition market and the challenges students and parents face sending tuition payments both domestically and internationally. Bursari Helps Public Schools Adopt Faster Payments.

Payments 130

Payments System Maine Fintech 130

PYMNTS

DECEMBER 31, 2020

One is regulatory trends, where regulators are looking to increase competition in this field and drive innovation. We’re really focused right now on leveraging the PayPal consumer franchise [to get consumers] back into the SMBs on Main Street. i2C: Regulators Circle The Wagons On Big Tech. The other is technological innovation.

Innovation 289

Innovation Payments Trends Regulation 289

Insights on Business

MAY 30, 2017

At the same time, the regulatory environment is also evolving rapidly, with compliance to regulations such as the revised Payment Services Directive (PSD2) promising further industry-wide change. It is expected that the impact of the ecosystem on how you as a bank operate will be significant. Adoption of a holistic ecosystem approach.

Payments 178

Payments Industry Innovation Maine 178

Accenture

NOVEMBER 27, 2017

Some themes endure year-after-year, as shown in the table below—real-time payments, cybersecurity, fintechs, blockchain and open APIs. In addition, the standard enables Fintechs to access payment infrastructures, bank innovation and interoperability for cross-border payments. Open APIs was the standout technology at the conference.

Innovation 171

Innovation Conference Fintech blockchain 171

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

FEBRUARY 28, 2020

Credit unions’ emphasis on member relationships is one of the main factors that distinguishes them from large banks and FinTechs. Larger banks and well-funded FinTechs can create dedicated security operation centers staffed by experts, but CUs often do not have the budgets to offer round-the-clock active protection.

Data 131

Data California Security Pennsylvania 131

PYMNTS

JUNE 21, 2016

Chamber of Commerce uncovered the challenge businesses face in the wake of financial reforms and regulations, like Dodd-Frank. Its survey, the chamber said, suggests that the nation must heighten its capabilities of providing finance to its businesses, especially those struggling on account of regulation. What Regulation Does.

Survey 101

Survey Regulation Compliance National 101

PYMNTS

DECEMBER 8, 2016

Any FinTech, challenger bank or other PSP with a need to offer expedited payments can connect to the scheme. FinTechs such as TransferWise see this as a competitive benefit to offer expedited funding and disbursement of funds. There are three main considerations: access, connectivity and ongoing management. s new scheme?

Payments 100

Payments Fintech Compliance Innovation 100

PYMNTS

APRIL 8, 2019

FinTech holding company Crossfin is one such player making a bid to cater to small merchants. According to Crossfin, the move helps it better provide FinTech solutions to local merchants. The POS solution is designed to comply with local sales regulations. Around the mPOS World. Get the full scoop in the Tracker.

Atlanta 128

Atlanta Cards Mobile Meeting 128