PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

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Fintech Data User Experience Innovation 308

Bobsguide

MAY 18, 2022

CompatibL, a leading provider of risk management solutions and professional services for the financial industry, has been named the winner of the Best Risk Management Platform Award in the sixth annual FinTech Breakthrough Awards program for its innovative CompatibL Cloud Platform. About the FinTech Breakthrough Awards.

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Fintech Risk Management Analytics Software 147

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Recently, several technology firms have done just that.

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Management Fintech Tools Technology 134

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. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Bookkeeper360. CreditEnable.

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Security Fintech Capital Management 204

PYMNTS

DECEMBER 15, 2020

IBM has acquired Montreal-based FinTech Expertus Technologies , according to a press release , in a bid to boost its hybrid cloud and artificial intelligence (AI) tech as well as its digital payment strategies.

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Fintech Meeting Technology Payments 224

PYMNTS

NOVEMBER 25, 2020

Financial services providers have looked to solve these frictions using real-time payment tools, and their efforts are being realized as businesses and consumers alike grow more comfortable with new banking technologies. PYMNTS’ data revealed that many consumers are now seeking real-time access to their funds, with 35.2

Report 260

Report Trends Payments United States 260

CFPB Monitor

SEPTEMBER 8, 2022

Since the beginning of Michael Hsu’s tenure as Acting Comptroller of the Currency, bank/fintech partnerships have been a focus of OCC concern. He indicated that to mitigate this risk, the OCC is currently working on a process to subdivide bank-fintech arrangements into cohorts with similar safety and soundness risk profiles and attributes.

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Fintech Risk Management Conference Lending 146

Gonzobanker

NOVEMBER 9, 2022

New approaches to talent and technology are needed to address changes in the wealth management business model. As banks experience rate volatility and future increases in their costs of funds, businesses that drive noninterest income like trust and wealth management will be more important in creating franchise value.

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Management Community Bank Strategy Technology 158

PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. As reported, Singapore has been working on other cross-border initiatives as well. The Fed And FinTech Firms.

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Fintech San Francisco National Innovation 211

CB Insights

JANUARY 26, 2023

DOWNLOAD THE STATE OF FINTECH 2022 REPORT Get the latest data on global fintech investment trends, the unicorn club, sectors from banking to payments, and more. The post Prioritizing 8 technologies helping wealth managers and financial advisors maintain a competitive edge appeared first on CB Insights Research.

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Technology Management Fintech Trends 63

PYMNTS

DECEMBER 14, 2020

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

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Massachusetts Fintech Survey User Experience 229

PYMNTS

JANUARY 14, 2021

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. PYMNTS reported that many businesses, even lone mom-and-pop organizations, are becoming parts of ecosystems, which offer support via a number of integrated services like the ability to accept payments.

Technology 168

Technology Capital Branding Innovation 168

PYMNTS

MARCH 8, 2019

Bank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For traditional financial institutions (FIs), working with a would-be competitor means integrating technologies for customers without having to build solutions from scratch. 10x Future Technologies.

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Fintech Software Capital Lending 181

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS). At the same time, the U.S.

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Capital Fintech New York City Security 202

PYMNTS

SEPTEMBER 25, 2019

In the continued drive for collaboration between the FI and FinTech, between governments and financial services providers, efforts this past week focused on the Middle East and support for new initiatives. The portal contains APIs that, as reported, “enable developers to quickly build innovative services that securely connect to select U.S.

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Fintech Innovation blockchain Data 158

PYMNTS

JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. It’s an attractive market indeed for investors, with not one, but two Brazilian B2B FinTechs making this week’s venture capital roundup. Until then, PYMNTS rounds up the most recent B2B FinTech investment rounds below. Authenticiti.

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America Fintech Capital Regional 182

PYMNTS

APRIL 8, 2020

And even as financial institutions began to smooth out the process, the initiative hit another snag Monday when reports emerged that the SBA’s computer systems had crashed. Bottomline Technologies. SmartLenders then provides that information to lenders, while also enabling underwriting to expedite the process. Biz2Credit.

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Lending Fintech America Technology 245

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. By Elizabeth Judd.

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Community Bank Community Fintech Risk Management 159

PYMNTS

APRIL 29, 2020

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This week’s look at the latest in bank-FinTech collaborations reveals two new open banking initiatives from FinTechs designed to address back-office friction for banks.

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Fintech Payments Data Technology 238

PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

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Fintech Miami National Data 142

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. And you may ask yourself, ‘How do I work this?

Technology 145

Technology Regional Community Bank Community 145

PYMNTS

AUGUST 21, 2020

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido. In the U.K.,

Fintech 154

Fintech Austin Capital Fraud 154

PYMNTS

NOVEMBER 26, 2019

Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment.

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Compliance Regulation Fintech Resources 182

PYMNTS

FEBRUARY 7, 2020

It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. The company plans to use the funding to ready its software for enterprise adoption and explore additional verticals into which it can expand. ClearMetal.

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blockchain Fintech California System 247

PYMNTS

APRIL 27, 2020

Card networks, processors and other major financial institutions (FIs) have worked to build up the technological infrastructure to support credit card transactions over the decades. Another key component of the report is case studies of four enterprises that are putting credit innovation to work in the real world. About The Report.

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Cards Fintech United States Case Study 226

PYMNTS

DECEMBER 2, 2020

This week's Commercial Card Innovation Tracker finds FinTechs and payment technology players like Mastercard, Visa and Nets embracing partnerships to roll out new corporate card solutions, including virtual commercial cards and small business credit cards designed to enhance spend management and help SMBs access credit during turbulent times.

Cards 163

Cards Fintech Innovation Management 163

PYMNTS

NOVEMBER 9, 2020

percent — or nearly $50 billion — for example, CNBC reported. The business travel arena is another area of major spend reduction, with Amazon revealing that it has spent $1 billion less in travel expenses since the coronavirus crisis hit, CNBC said in a separate report. Virtual Cards And Mobile Technology.

Innovation 255

Innovation Fintech Payments Mobile 255

Payments Source

JANUARY 5, 2021

Divvy, the financial-technology company that offers corporate cards and expense-management software to small businesses, said it’s now valued at $1.6 billion after raising money from investors including PayPal Holdings Inc.

Report 120

Report Fintech Financial Technology Software 120

PYMNTS

NOVEMBER 22, 2016

Owned by Paradime Technologies, numberz.in offers cash flow management for businesses. The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov. isn’t the only FinTech firm in India to capitalize on a changing economic environment. announced seed funding. Numberz.in

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Management Fintech Capital Taxes 100

PYMNTS

JANUARY 24, 2020

Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Fintechs know how to reach and work with the community.

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Fintech Marketing Community Bank Community 136

PYMNTS

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported. of India (NPCI). percent business stake per news in January. Zomato was valued at $3.55

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

AUGUST 17, 2020

Shares of Rackspace Technology Inc. 17) following a Reuters report indicating that Amazon (Nasdaq: AMAZ) may buy a stake in the company. Reuters reported that Amazon is considering buying a minority stake in Rackspace, but there is “no certainty” that a deal would be reached. EST Monday (Aug.

Technology 113

Technology Google Regulation Report 113

PYMNTS

DECEMBER 30, 2019

A surprising number reported falling behind in household bills due to reimbursement delays, creating deep dissatisfaction – and even depression – among employers stemming from slow reimbursement of personal funds. It’s not as if corporate travel managers don’t get it. Happiness Is Spend Management. Paper Receipts?

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Management Policies Cards Software 130

PYMNTS

FEBRUARY 16, 2020

billion, Bloomberg reported on Friday (Feb. Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6

Fintech 174

Fintech America Regional Capital 174

PYMNTS

OCTOBER 15, 2020

Secret Double Octopus , which works in passwordless authentication for security online, has secured a strategic investment from SC Ventures, the FinTech and investment arm of international banking group Standard Chartered , a press release says. We look forward to supporting Secret Double Octopus in the next phase of its growth.".

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Report User Experience Security Fintech 199

PYMNTS

NOVEMBER 27, 2020

It was a slow week for B2B FinTech venture capital investments, though the industry still managed to pull more than $46.8 The company secured the funding from Hong Kong-based EmergeVest, reports said, while other angel investors also participated. million in fresh funding. Credit Key. Credit Key, a U.S.-based

Fintech 176

Fintech Capital Operations Analytics 176