PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

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Fintech Mobile Analysis Technology 211

PYMNTS

SEPTEMBER 23, 2020

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone. billion in 2019. About The Playbook.

Technology 208

Technology Report Fraud Study 208

PYMNTS

MARCH 31, 2020

FinTech venture capital fund Broadhaven Ventures; U.S. The FinTech has raised $73 million to date to expand its digital banking offerings. Founded in 2015, the FinTech is one of many digital financial institutions — like challenger banks or neo banks — hoping to entice legacy banking customers with higher interest rates or lower fees.

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Fintech Capital Groups ATM 201

PYMNTS

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. In a press release , Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities.

Technology 166

Technology blockchain social media New Mexico 166

PYMNTS

NOVEMBER 14, 2018

Ant Financial , the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. His comments come as Ant Financial recently unveiled a new brand that is aimed at selling technology services to financial firms, including banks. We never have a timetable for that.

Technology 146

Technology Company Regulation Maine 146

Bobsguide

JANUARY 10, 2018

Global technology consultancy DataArt expects to see a handful of financial technology (fintech) trends that emerged in 2017 to strengthen significantly in 2018. In particular, the growth of Artificial Intelligence (AI) in the industry will be exponential for three main reasons; hugely increased.

Big Data 167

Big Data Fintech blockchain Maine 167

Chris Skinner

FEBRUARY 27, 2017

As mentioned in the first part of these two pieces, we talk a lot about FinTech. In this second part, I thought it worth discussing the remaining areas that are primarily generic technologies with a financial flavour such as AI, machine learning, IoT and biometrics. So, here is the FinTech Wave, Part Two.

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Fintech blockchain Technology Maine 150

Gonzobanker

MARCH 9, 2022

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. billion (~30 times revenue) in stock was part of SoFi’s ambitious vision to become the “AWS of Fintech.”

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Financial Technology Technology Fintech Community 149

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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Fintech blockchain Maine Guidelines 136

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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Fintech Marketing Innovation Analytics 218

Chris Skinner

MAY 5, 2017

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

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Fintech Apple Google Comparison 216

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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Fintech Maine Course Capital 203

PYMNTS

APRIL 12, 2019

But FinTechs and financial institutions are increasingly crafting partnerships designed to help them both thrive in this global world of digital payment and commerce. And technology — in this case, mobile point-of-sale technology — can serve as a kind of matchmaker. New Payment Flows.

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Fintech Innovation Mobile Payments 168

PYMNTS

DECEMBER 19, 2019

In today’s top news, Indian FinTech ZestMoney raises $15 million, the latest in a $63 million Series B funding round, and Federal Reserve Gov. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs. Why Main Street SMBs Are a Greenfield for InsurTech.

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Miami Fintech Apple cryptocurrency 130

Bank Innovation

MARCH 29, 2017

Acquisition costs are (arguably) the main challenge fintech companies face when trying to scale their business. Selling products directly to consumers is costly and antiquated, especially for early-stage startups.

Fintech 150

Fintech Maine Company Online 150

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. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security.

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Fintech blockchain Fraud United States 129

Chris Skinner

FEBRUARY 23, 2019

The main blog headlines are … Technology is business Another interesting nuance of the FinTech Bank is the integration of business and technology. I’ve referenced this a few times, but wanted to be explicit that these banks think technology is business and business is technology.

Maine 179

Maine Technology Fintech 179

PYMNTS

SEPTEMBER 10, 2019

Companies therefore must either invest in teams of AML specialists or in fraud-fighting technologies. . Cannabis delivery platform Eaze Technologies was recently targeted by misconduct allegations as well. Deep Dive: How FinTechs, FIs Can Arm Up Against Fraud. Not all solutions are easy to adopt, however.

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Security Fintech Fraud Compliance 185

PYMNTS

OCTOBER 25, 2019

New Zealand is a country that can be easy to overlook when it comes to FinTech. But the story of how payments are evolving there can offer lessons for the rest of the globe, along with glimpses of how the relevant technology might play out in the 2020s. All of those factors combine to make FinTech a robust proposition in that country.

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Fintech Case Study Maine Innovation 111

PYMNTS

DECEMBER 17, 2019

One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access to credit. Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. FinTech Sandbox. FinTech Prognosis.

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Fintech blockchain Trends America 136

Chris Skinner

JANUARY 19, 2019

The main blog headlines are … The new FinTech bank For years, I’ve been wondering why people in business operations couldn’t align their needs with the people delivering technology in the organisation. The CIO would sit outside the business, watching and responding to requests.

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Maine Fintech Operations Technology 199

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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Fintech UX Mobile FDIC 191

PYMNTS

OCTOBER 8, 2019

Kazakh FinTech group Kaspi.kz still decided to postpone its listing “in light of currently unfavourable and uncertain market conditions, particularly in the technology sector.” still decided to postpone its listing “in light of currently unfavourable and uncertain market conditions, particularly in the technology sector.”

Marketing 139

Marketing Fintech New York Maine 139

PYMNTS

APRIL 7, 2017

Today, APIs have become a popular way for banks to share this financial data with other services and have given rise to more possibilities for FinTechs in how they meet their customers’ needs — and more debate about the security of such facilitated information-sharing.

Data 191

Data Technology Security Tools 191

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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Fintech Regional Resources blockchain 104

Let's Talk Payments

JUNE 4, 2019

Business impacts, new frameworks, and managerial implications The rise of the ever-growing relationship between technology and financial services is bringing significant changes to the banking industry, which is becoming a battleground where competition is developing to be increasingly multifaceted.

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Fintech Maine Industry Strategy 101

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). If we continue in this environment, we’re going to have to continue to be agile and not agile with technology, but agile in the business model,” he said.

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Fintech Innovation Digital Banking FDIC 236

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. Technological. Change or die. who owns the money?

Maine 100

Maine Lending Regulation Risk Management 100

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.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

NOVEMBER 27, 2018

According to PayNet and Raddon’s report, there are three key steps FIs can take: separate loan applications by size and segment, underwriting processes by loan-risk profile; implement technology to automate the application process and data collection to analyze business risk; and adopt industry intelligence to optimize the lending process.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

DECEMBER 23, 2020

I got my first bank account at 14 from Wells Fargo, and it's still my main account today,” MacDonald said. Behind the scenes, we built a bunch of technology and whatnot. … And more importantly, teens grow into adults who age into their prime spending years. Step hopes to serve those consumers over the course of their entire lives. “I

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Fintech Cards FDIC Lending 322

Chris Skinner

MARCH 22, 2017

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system. TechFin is to rebuild the system with technology. What we want to do is to solve the problem of a lack of inclusiveness.” Whatever.

Company 350

Company Payments System Fintech 350

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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Conference Maine Fintech Management 177

PYMNTS

AUGUST 14, 2019

In Southeast Asia, FinTech InstaReM recently released a new platform of its own. Shifting regulations and emerging technologies are enabling payments to move across borders faster, but it can be difficult to track payments as they move and achieve interoperability between different payment systems across the globe.

Fintech 168

Fintech Payments Cards Regional 168

Chris Skinner

AUGUST 31, 2019

The main blog headlines are … Where Top US Banks Are Betting On Fintech After yesterday’s article about how backward America is, in terms of payments, there’s a useful article talking about how they’re trying to rectify this.

Maine 206

Maine America Fintech US 206

PYMNTS

JANUARY 9, 2018

INTRUST Bank recently announced it is also taking part in the trend of collaborating with FinTechs. In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs.

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Community Bank Community Fintech Lending 131

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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Payments Portland Strategy Innovation 239