Perficient

JULY 11, 2022

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Affirm says on its website that it sometimes reports users’ payment history to Experian, and it “may report loans with delinquent payments.”

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PYMNTS

DECEMBER 20, 2020

Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group , the FinTech he founded, to the country's government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall Street Journal (WSJ) reported.

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Groups Report Regulation Meeting 278

PYMNTS

OCTOBER 27, 2020

Multinational investment bank UBS has launched the UBS Next platform in order to help invest in FinTechs and the "broader tech ecosystem," according to a press release. UBS Next will pursue direct investments in early stage FinTechs and other such companies.

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PYMNTS

APRIL 16, 2020

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX , a new FinTech spinout intended to compete with cross-border money transfer service provider TransferWise. Featuring market exchange rates, fees will be 0.7 PagoFX was launched in the U.K. percent to 0.8 percent of the transaction total.

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PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. IBM Acquires Canadian FinTech Expertus. EU Releases First Drafts for Digital Services, Digital Markets Acts.

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PYMNTS

JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. . Authenticiti. BizCapital.

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CB Insights

NOVEMBER 21, 2019

GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. Download the CB Insights and PwC Canada MoneyTree report to see all the data. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. The 2019 Canadian fintech market map.

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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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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 About The Tracker.

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PYMNTS

JUNE 23, 2020

GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. Our new partnership with GME, one of the fastest-growing fintech companies in a key market, will further support this strong digital growth.”. “Our Terms of the deal were not disclosed.

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PYMNTS

APRIL 24, 2020

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. In the U.S., KarbonCard.

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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. The innovation will help make sure companies don't need multiple programs to handle these tasks. “We

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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. Betterworks.

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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.”

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PYMNTS

AUGUST 11, 2020

Revolut attributed the losses to its expansion into new markets and the introduction of new products. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The FinTech has since expanded to offer business banking. It now has more than 12 million customers.

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San Francisco Fintech Digital Banking California 239

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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PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Competitive Disruption.

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Regulation Innovation Fintech Marketing 156

PYMNTS

SEPTEMBER 2, 2020

Checkbook has joined Visa 's FinTech Fast Track program and launched Virtual Cards , a program that will expand the reach of real-time payments, according to a press release. The program launched in 2018 had grown 280 percent at the time, including more than 140 FinTechs around the world.

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PYMNTS

JUNE 23, 2017

We break down all the B2B FinTech funding rounds below. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions. The Series A investment funding was led by BGF Ventures, reports said, while Episode 1, Entrepreneur First (EF) and angel investors also participated.

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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

NOVEMBER 9, 2020

With the global pandemic creating a market of volatility, corporate spend is down as businesses look to safeguard their bottom lines against macroeconomic headwinds. percent — or nearly $50 billion — for example, CNBC reported. But for the commercial spending technology world, these forecasts aren't exactly rosy.

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Innovation Fintech Payments Mobile 255

CB Insights

NOVEMBER 18, 2022

Now, they’re fighting back by investing in technologies to improve the efficiency of their businesses and help digitize the customer experience to better compete with D2C insurtechs. download the State of Fintech Q3 ’22 Report. First name. Company Name. Phone number. Want the full expert post?

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PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The banks have also agreed to share data on emerging markets. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. The Fed And FinTech Firms.

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Bank Innovation

OCTOBER 27, 2017

EXCLUSIVE— Is Google looking to become a fintech power? The company, which reported strong results for its third quarter yesterday, seems to be expanding its focus on finance, specifically on platforms that integrate or otherwise support payments and mobile technologies in its many markets.

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Google Mobile Fintech Payments 240

PYMNTS

JULY 1, 2020

have established an $800 million fund to boost trade finance in emerging markets. Across the globe, the COVID-19 pandemic is disrupting supply chains, decreasing demand, and causing overall market anxiety,” said Paulo de Bolle , global director of IFC’s Financial Institutions Group, in a statement. The International Finance Corp. (

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PYMNTS

JULY 22, 2020

FinTech TradeCore rolled out a platform that helps new financial institutions (FIs) launch quickly and easily, according to a Financial IT report. CEO Stefan Pajkovic founded the company to help emerging FinTechs find their way through the industry’s regulations and licensing requirements.

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PYMNTS

NOVEMBER 10, 2020

The November Smarter Payments Tracker® examines how FIs and FinTechs are innovating to deliver more compelling cross-border and international banking offerings. It also looks at the role of Banking-as-a-Service (BaaS) solutions in powering FIs’ and FinTechs’ efforts to cater to expatriates and immigrant workers. About The Tracker.

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Report Fintech United States Meeting 216

CB Insights

APRIL 1, 2022

CB Insights identified 100+ payments acceptance companies addressing 9 technology priorities, from mobile point-of-sale to crypto payments, that financial institutions, retailers, and other businesses face. The purpose of the analysis is to provide technology buyers with an overview of the technology landscape and its market participants.

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Marketing Report Payments Analysis 36

PYMNTS

DECEMBER 9, 2020

FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for its public offering preparations. Robinhood Markets is reportedly working with Goldman Sachs for its initial public offering (IPO) preparations. In today’s top news in digital-first banking, U.K.

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PYMNTS

SEPTEMBER 15, 2020

Kikkeri said that’s why FIs must consider how to leverage their FinTech partnerships and push to market the digital services that customers have become habituated to in the past six months. Kikkeri said the pandemic’s shift in consumer behavior isn’t the only big change to the market that has recently appeared on the horizon.

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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

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PYMNTS

FEBRUARY 19, 2019

Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a continued sanguine attitude about the space. based FinTechs said they have garnered more than 200 million pounds. FinTech trade body, said that as much as $3.3 FinTech Efforts in Estonia.

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PYMNTS

APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. The number of deals did increase to 445 during the time frame, noted the report. It has a valuation of $2.7

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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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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.,

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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

JUNE 2, 2020

Mastercard has added a program designed to assist FinTech startups in Europe with quickly launching and expanding, the company announced on Tuesday (June 2). The program supports digital payment innovators by making it easy to collaborate with Mastercard and its partners to debut new FinTech products.

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