PYMNTS

JANUARY 21, 2021

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to their everyday financial needs. million individuals.

Mobile 252

Mobile Report Trends Digital Banking 252

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. Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements.

Fintech 146

Fintech Risk Management Conference Lending 146

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.

Fintech 211

Fintech Mobile Analysis Technology 211

Gonzobanker

MARCH 7, 2024

It happened this week: Fintech Meetup , one of the newer trade events that brought 4,000 or so fintech and banker types to Las Vegas. Distribution, distribution, distribution The quest to scale a fintech company while maintaining high-quality business models came up on repeat.

Las Vegas 147

Las Vegas Fintech Conference San Francisco 147

Bank Innovation

FEBRUARY 1, 2018

The Alibaba Group will take a 33% equity stake in Ant Financial, it’s affiliate fintech company that operates popular mobile payments service Alipay, the group announced today.

Fintech 247

Fintech Groups Mobile Operations 247

PYMNTS

DECEMBER 1, 2019

Africa’s most populous country — roughly 200 million people — is behind in offering mobile banking compared to the rest of Africa. Only one mobile banking license has been issued this year. Lenders are hoping to stave off mobile competition by expanding retail banking. Other examples include FairMoney and PalmPay.

Fintech 254

Fintech Mobile Examples Policies 254

PYMNTS

SEPTEMBER 3, 2019

Seven European payments operators — most of them owned by banks — that own and operate mobile payments services said Tuesday (Sept. 3) that they are in the midst of building a pan-European network focused on cross-border mobile payments. We will see more mobile payment systems joining in the time to come.”.

Mobile 189

Mobile Payments System Operations 189

PYMNTS

SEPTEMBER 30, 2020

Kakao Pay is set to be the first South Korean FinTech working with mobile payments to undertake an initial public offering (IPO), according to a report from The Paypers. Kakao Pay is the FinTech arm for Kakao Corp. , and boasts over 34 million users, which is the largest number for a domestic mobile platform, the report stated.

Fintech 150

Fintech Mobile Security Operations 150

PYMNTS

MARCH 4, 2020

TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount. It also aims to enable banks, mobile money operators and other providers to connect with one another at a low cost. Along with IFC, those same entities have invested $9.6

Fintech 168

Fintech Mobile Regional Operations 168

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. Mobile wallets. Quick Stat.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

APRIL 30, 2019

Ireland has been ramping up to boost FinTech efforts — a trend that has spanned several countries globally. The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. Other firms that operate within P2P lending and insurance technologies will be considered.

Fintech 189

Fintech Regional Operations California 189

PYMNTS

NOVEMBER 9, 2020

The Tracker also examines how mobile and instant disbursement tools could be essential to making sure these individuals are still able to participate and transact within the digital banking world. Another FDIC report found that 31 percent of American consumers are now using peer-to-peer (P2P) mobile wallet apps, for example.

Tools 203

Tools Mobile FDIC Examples 203

Bank Innovation

MARCH 9, 2017

Citi Group named long-time executive Yolande Piazza the head of Citi Fintech today. Piazza, a 30-year financial technology veteran, who has been serving Citi in a variety of roles since 1988, will lead the group’s efforts in mobile, payments, and general fintech innovation.

Fintech 170

Fintech Financial Technology Innovation Mobile 170

Independent Banker

FEBRUARY 28, 2022

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. The digital world has opened vastly broader avenues for community banks to attract new customers—especially if they partner with fintechs in their endeavors.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

OCTOBER 14, 2020

The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone. The country otherwise has sophisticated online banking products and an emerging FinTech sector.

Fintech 175

Fintech Analytics Payments Mobile 175

PYMNTS

OCTOBER 30, 2018

Maybe it’s the reputation of a brand that lowers the mental resistance to inputting payment and personal details on a mobile device to complete a transaction. Consumers, too, play a role in the wider mobile banking security picture. Trust Advantage. They might want to innovate, but take shortcuts on security.”

Mobile 184

Mobile UX Security Fintech 184

PYMNTS

DECEMBER 9, 2019

Paysend , a FinTech out of the U.K., has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. The company said it is successful because of an increasingly mobile workforce and an increase of international migrants.

Operations 130

Operations America Cards Fintech 130

The Paypers

JANUARY 17, 2023

Germany-based fintech company ryd , the operator of a B2C network for petrol station mobile payment has announced partnering with Aral to enable mobile payments at around 1800 Aral petrol stations.

Mobile 36

Mobile Fintech Payments Operations 36

PYMNTS

JANUARY 8, 2021

Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often with significant friction. As CFO, Chana explained his strategy for guiding the enterprise toward a more resilient future through FinTech adoption and a forward-looking viewpoint. Digital Roots. Eyes Forward.

Fintech 218

Fintech Strategy Data Tools 218

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. Different Timetables.

Fintech 168

Fintech Innovation Mobile Payments 168

Chris Skinner

MARCH 16, 2017

Well, the aggregators have been out there for 20 years and the banks still have strong client presence in mobile apps, so that was a bit of an over statement, wasn’t it? Then mobile banking appeared and the Mobile Network Operators (MNOs). fintech stylee) appeared first on Chris Skinner's blog.

Fintech 226

Fintech Conference Mobile Technology 226

Bank Innovation

FEBRUARY 21, 2018

EXCLUSIVE – Greenlight Financial Technology, a fintech startup for kids, has raised $16 million in a Series A funding round today, Bank Innovation has learned. Greenlight Technology is a combination of P2P and PFM features on a mobile app, and is unusual in that it focuses on children. It is no wonder that banks like […].

Fintech 249

Fintech Financial Technology Mobile Innovation 249

PYMNTS

AUGUST 29, 2019

The twist is, that gap in small business banking innovation led external FinTechs to step in and today, small business banking is a highly competitive, and highly innovative, area of financial services. In India, Visa recently announced a partnership with FinTech Open to introduce new small business banking services. Now, the U.S.

Fintech 173

Fintech Innovation Lending Digital Banking 173

Bank Innovation

JANUARY 25, 2019

BMO Harris Bank is having technical difficulty with the rollout of its new mobile banking app, which is part of a digital revamp of Bank of Montreal’s U.S. operations.

Online 170

Online Mobile Operations social media 170

Bank Innovation

AUGUST 17, 2017

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.

New York City 365

New York City Fintech Georgia Boston 365

PYMNTS

AUGUST 8, 2018

As mobile commerce and apps become more sophisticated (cooler, perhaps), it can be easy to look down on the contribution of banks to this expanding digital ecosystem. Banks and [FinTech firms] have been looking for secure ways to bring the convenience and user experience that people love about apps into the world of financial services.

Mobile 102

Mobile Fintech Community Bank Security 102

PYMNTS

SEPTEMBER 10, 2019

How Mobile Financial Startups Can Bridge the Security Gap. Startups may have great ideas for how to deliver mobile financial services but face challenges in convincing customers to entrust the new entities with their sensitive details. Deep Dive: How FinTechs, FIs Can Arm Up Against Fraud.

Security 185

Security Fintech Fraud Compliance 185

PYMNTS

NOVEMBER 10, 2020

Nigeria-based Kuda , which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed round ever raised in Africa. African FinTechs have been in the spotlight as of late, with Kuda taking advantage of a particular hotbed in Nigeria, TechCrunch reported.

Mobile 186

Mobile Capital Report Management 186

Bank Innovation

SEPTEMBER 1, 2017

India may overtake China as the world’s leader in fintech service adoption, according to a report released by Ernst & young, entitled EY FinTech Adoption Index 2017.

Fintech 319

Fintech National Report Payments 319

PYMNTS

NOVEMBER 11, 2020

In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed $10 million after a funding round. Indonesian FinTech LinkAja Closes $100M Series B Led By Singapore Super App Grab.

Mobile 182

Mobile Payments Capital Fintech 182

PYMNTS

FEBRUARY 19, 2019

The government is gearing up to roll out a digital payments system that will be operated by the central bank, enabling citizens of Mexico to make and receive payments via a smartphone without any fees. Mobile phones will become banks.”. The payment system, called CoDi, is slated to launch in March.

Fintech 173

Fintech System Mobile Payments 173

Bank Innovation

APRIL 27, 2018

Singapore is taking another step towards cementing itself as the top fintech hub in the world. Today the Intellectual Property Office of Singapore (IPOS) said it would speed up the patent granting process for fintechs in the country.

Fintech 337

Fintech Study Operations Online 337

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.

Fintech 191

Fintech UX Mobile FDIC 191

Bank Innovation

APRIL 11, 2019

Fintech, a broad category encompassing businesses from mobile banks to peer-to-peer lenders, hired aggressively in the first quarter in the U.K., Europe’s fintech hub, according to Ollie Sexton, a principal at recruitment consultancy […].

Fintech 170

Fintech Mobile Operations Security 170

Bank Innovation

JANUARY 15, 2018

Big banks say they want to invest in fintech. But which are the ones actually putting their money on it? Well according to a report by CB Insights, of the ten bulge bracket banks, that would be Goldman Sachs. Based on the new report by CB Insights, which looked at top bulge bracket budget banks, […].

Fintech 364

Fintech Report Operations Capital 364

Bank Innovation

FEBRUARY 14, 2019

Established fintechs, startups, banks and tech giants alike are pulling out all the stops to attract and retain the same pool of tech talent. Some firms move operations to where the people are, others acquire the companies with the talent they’re looking for, and others simply loosen their purse strings.

Fintech 218

Fintech Operations Company Capital 218

PYMNTS

AUGUST 28, 2019

In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

Fintech 172

Fintech Analysis Guidelines Data 172