PYMNTS

DECEMBER 5, 2018

This is particularly true as open banking initiatives encourage bank collaboration with third-party FinTech firms and facilitate the movement of data between platforms. With the threat of third-party cyber risks rising, the financial services (FinServ) industry is especially prone to hacks that can ripple through supply chains.

Security 192

Security Fintech Risk Management Strategy 192

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

Fintech 197

Fintech Lending Community Payments 197

PYMNTS

NOVEMBER 16, 2020

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release. TARGET2 is the top European platform for processing larger platforms, the release stated.

System 217

System Payments Operations Software 217

PYMNTS

SEPTEMBER 15, 2020

But Ondot Systems Vice President of Customer Success Balu Kikkeri told PYMNTS that evidence of that great digital shift is now visible not only anecdotally, but in the data as well. 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.

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

JULY 10, 2020

Telehealth services, in particular, are growing more common, with one New York state hospital reporting that 85 percent of its outpatient visits are be­ing conducted via telehealth systems. How HealthTap Meets Flexible Telehealth, Data Security Demands. Around The Digital Identity Ecosystem. About The Tracker.

Security 208

Security Indiana Meeting Data 208

PYMNTS

OCTOBER 29, 2018

The greater availability of data gives financial institutions (FIs) and FinTech firms alike insight into customers’ behaviors, habits and preferences, allowing them to develop more effective tools, products and features. The market is projected to be worth more than £7 billion ($8.98 Adapting To Open Banking .

Security 192

Security Fraud Tools Data 192

PYMNTS

NOVEMBER 2, 2018

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of data between customer accounts and third parties. and multinational banks. and multinational banks.

Security 194

Security Data Strategy Trends 194

Cisco

JULY 26, 2022

While traditional financial services has some built-in regulatory barriers that makes it harder to be completely disrupted, companies are still at risk of losing market share and market cap. What holds back some financial institutions from achieving these goals are the inflexibility of legacy systems and significant technical debt.

Security 162

Security Operations Leadership Data 162

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. Data is as of 10/8/2019.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

MARCH 8, 2019

Bank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For FinTechs, the deals mean access to a broader range of customers through well-established industry names. For FinTechs, the deals mean access to a broader range of customers through well-established industry names.

Fintech 181

Fintech Software Capital Lending 181

PYMNTS

AUGUST 22, 2019

FinTech firms are tapping into automation and training to stay on top of the latest security developments, while keeping an eye on evolving trends in the payments space. Quaine said the company’s systems, for instance, “are programmed to handle the payments.”

Fraud 142

Fraud Fintech Training Security 142

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. Mission Secure. Shape Security. Cloud Elements. reports said.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. But it has also led to two firms controlling more than 90% of the mobile payments market.”

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

AUGUST 14, 2019

The cross-border payment market is thriving, and trends are expected to continue over the next few years. For these transactions to run smoothly, however, communication must remain seamless and secure. In Southeast Asia, FinTech InstaReM recently released a new platform of its own. Around the Smarter Payments World.

Fintech 168

Fintech Payments Cards Regional 168

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card. billion of economic output.

Industry 471

Industry Trends social media Payments 471

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. As Martins said, the country’s financial system and central bank have restrictive rules about what types of collateral — or “leverage” — businesses can offer when seeking loans.

Fintech 136

Fintech blockchain Trends America 136

PYMNTS

OCTOBER 16, 2018

In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

Fintech 188

Fintech Regulation cryptocurrency Innovation 188

PYMNTS

JULY 3, 2020

million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull. PYMNTS breaks down the companies that did manage to secure funding, below. “We’re convinced that AI-based systems will shape the future of commercial negotiations,” said Project A General Partner Uwe Horstmann in a statement.

Capital 161

Capital Fintech Security Operations 161

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. Digital Demand.

Fintech 211

Fintech Mobile Analysis Technology 211

Bobsguide

APRIL 29, 2022

based core systems with minimum integration effort. In this first of many planned releases, financial institutions simply visit marketplace.nxtsoft.com, select the core system they are utilizing and view a list of Fintech solutions to which NXTsoft has pre-built lifecycle connectivity. About NXTsoft.

Denver 148

Denver Atlanta Fintech United States 148

PYMNTS

FEBRUARY 26, 2020

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T stock market is taking a hit due to mounting fears over the coronavirus.

Nevada 142

Nevada Marketing US Payments 142

PYMNTS

DECEMBER 2, 2019

29, requesting tech companies who can build a “proof of concept” shared KYC system that would allow commercial banks and the central government to share and update customer data on a blockchain. The Central Bank of Sri Lanka has a call out for tech companies that can help it develop a blockchain-based know-your-customer (KYC) platform.

blockchain 132

blockchain System Cyber Security Technology 132

PYMNTS

DECEMBER 14, 2018

When PYMNTS asked cross-border payments experts at the end of last year what they thought the driving trend would be for the industry in 2018, the consensus was all about collaboration , particularly between banks and FinTech firms. “The modern-day client expects a seamless transaction experience,” he said.

Fintech 192

Fintech Payments Innovation Regulation 192

PYMNTS

NOVEMBER 20, 2019

Visa and American Express (Amex) turned their attention to promoting virtual card adoption as a technology that enables greater visibility and security in B2B transactions. “This means we can quickly add a digital layer over all banking and credit card systems. Investors Back Cardlay’s Biz Card Tech. ”

Cards 155

Cards Innovation Fintech Payments 155

TheGuardian

MAY 17, 2022

The company’s stab at the biometrics checkout market has raised debate about data storage and tracking Mastercard is rolling out a controversial programme that will allow shoppers to pay at the till with a mere smile or wave of the hand, as it tries to secure a slice of the $18bn (£14.4bn) biometrics market. Continue reading.

System 98

System Security Cards Groups 98

PYMNTS

JULY 16, 2019

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. credit history to help them secure financing for auto loans. credit history to help them secure financing for auto loans.

Fintech 122

Fintech United States Florida California 122

PYMNTS

OCTOBER 5, 2016

South African FinTech Peach Payments announced on Wednesday (Oct. The three-year-old startup, which facilitates online and mobile payments in emerging markets, confirmed it is processing more than R1-billion in transactions per year. 5) plans to expand its business to Kenya and Nigeria.

Fintech 190

Fintech Payments United States Online 190

PYMNTS

MAY 22, 2018

Payments software company HPS is launching an API for other FinTech innovators to integrate into banking systems. The EU has been an especially active market for financial services APIs, especially after PSD2 regulations came into effect that require financial institutions to make data available to third-party developers.

Fintech 159

Fintech Innovation Data Payments 159

PYMNTS

JUNE 21, 2019

They want it to be easy and intuitive, and to assume it will be safe and secure. Finding Friendly Ground With FinTech Firms. However, she added, for all the disruption that FinTech firms have brought to financial services in general, they aren’t an adversarial force in the market for credit unions.

Fintech 163

Fintech Fraud Data ATM 163

PYMNTS

MARCH 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. That capability can be a critical part of holistic financial services for the many small business owners who are now struggling to integrate their growing list of back-office systems.

Data 184

Data Fintech Strategy Regulation 184

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

PYMNTS

MARCH 8, 2017

In fact, when it comes to FinTech companies, thinking “small” by focusing and serving a relatively small number of huge markets may provide the best opportunity to drive more impactful revenue with sustainable and profitable growth. This allows the company to offer integrated, end-to-end payments solutions for specific markets.

Fintech 130

Fintech Marketing Strategy Payments 130

PYMNTS

OCTOBER 5, 2020

“We’ve seen the acceleration [away from manual, paper-based back-office functions] due to employees working from home” and issues tied to security and battling potential fraud, Joiner said. We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner.

Payments 326

Payments Fraud Fintech Tools 326

Bobsguide

APRIL 7, 2022

April 4, 2022 – NXTsoft , a company focused on data connectivity, data analytics, data management and data migration announced plans today to accelerate adoption of leveraging APIs to automate and easily access data through a zero-integration effort called Connectivity as a Service for financial institutions and FinTechs.

Capital 146

Capital Denver Software Atlanta 146

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114

Security social media Video Policies 114

PYMNTS

NOVEMBER 25, 2019

25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant.

Security 130

Security Payments Google UX 130

PYMNTS

NOVEMBER 6, 2019

Billon , which created the first enterprise distributed ledger technology (DLT) system, announced that it is one of six companies that have been selected to participate in the Elevator Lab Partnership Program. Securities and Exchange Commission (SEC) earlier this year. “We It was chosen from a group of over 280 applications.

blockchain 101

blockchain System Bitcoin Compliance 101