Bank Innovation

MAY 30, 2018

Even in fintech. It turns out nations beyond America today are increasingly generating more significant financial technology innovation, especially in artificial intelligence. Location matters. Canada is an example.

Innovation 253

Innovation Fintech America Financial Technology 253

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

Bank Innovation

APRIL 11, 2018

National Australia Bank (NAB) today added Google Pay to its roster of mobile payments services. NAB customers can now use Google Pay to make contactless payments. On its digital payment services, NAB currently has NAB Pay, which works on Android devices, NAB PayTag for iOS devices, Samsung Pay, Fitbit, and Garmin wearables.

Google 210

Google National Samsung Mobile 210

PYMNTS

JANUARY 8, 2021

It said it is striving to protect people’s rights and interests and safeguard national security. FinTech leaders in China started scrambling for capital in November 2020 when regulators first started cracking down on financial services and payments firms.

Online 171

Online Regulation Maine National 171

Bank Innovation

OCTOBER 17, 2017

EXCLUSIVE — Spanish banks, along with certain Spanish telecommunication companies, have come together to establish a national network based on blockchain. The consortium is called Alastria.

National 267

National blockchain Company Regulation 267

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

JANUARY 18, 2021

As part of its international growth plans, British business FinTech company Tide unveiled intentions for an experimental rollout in India in the first quarter of this year with a broader launch to come, Business Standard reported. Gurjodhpal Singh will head up the firm’s business in India.

Fintech 196

Fintech Maine Analysis Software 196

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). ”

Lending 189

Lending Fintech National Taxes 189

PYMNTS

APRIL 8, 2020

As the nation’s traditional financial institutions struggle to cope, alternative lending platforms and other B2B FinTechs are exploring how to put their own technologies to good use. Small businesses, meanwhile, can use the platform to apply online as fewer physical bank branches are available. Funding Circle.

Lending 245

Lending Fintech America Technology 245

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

PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

Fintech 166

Fintech New York US National 166

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Liu pointed out that the online database of the aforementioned state licensing and FinTech guidance will go live later in 2019.

Regulation 147

Regulation Fintech Community Bank Community 147

PYMNTS

SEPTEMBER 14, 2018

To challenge the Office of the Comptroller of the Currency (OCC)’s decision to allow online payment companies and lenders to have national bank charters, the top banking regulator in New York is suing the federal government. A bill signed by Governor Andrew M. Vullo announced the release of that report in mid-August.

New York 173

New York Fintech Lending Regulation 173

PYMNTS

OCTOBER 9, 2018

However, Dave Gilbert, founder and chief executive officer of SMB alternative lending firm National Funding , said he’s seen a trend of growing traction within the small business community. “Now, more than ever, we are seeing more SMBs becoming comfortable with accessing financing via online-only solutions,” he stated.

National 167

National Regulation Capital Industry 167

Bank Innovation

MARCH 30, 2018

bank said it will be switching off access to 24 million customers as the bank restructures itself as required by national regulation. Barclays customers across Europe will not be able to use their mobile banking app this weekend. The major U.K. These changes were established by the Bank of England in 2011, and is referred […].

Online 220

Online National Regulation Mobile 220

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

Fintech 166

Fintech Customer Experience Conference Technology 166

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank. Benefits of FinTech partnerships.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

OCTOBER 5, 2020

Money laundering is a pervasive threat, with the United Nations estimating that up to $2 trillion is laundered each year, equivalent to 5 percent of the global gross domestic product (GDP). Online commerce has surged in popularity as the pandemic has limited store traffic, with online marketplaces expected to generate $4.5

Online 141

Online Compliance Report Study 141

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S. based economic research firm.

Lending 103

Lending Online Community Washington 103

PYMNTS

JULY 20, 2017

Keith Noreika, the temporary head of the Office of Comptroller since May, is defending an idea that first came up under his predecessor Tom Curry: offering online lenders and FinTech startups banking charters. The OCC announced it was exploring granting special-purpose charters to FinTech companies in December.

Online 100

Online Regulation United States National 100

PYMNTS

JULY 2, 2019

In South Korea, Woori Bank said this past week that it has debuted an online platform geared toward FinTech startup entrepreneurs and engineers who develop digital services, according to The Korea Times. These FinTech service offerings can span money transfers and cross-border transactions through the WiBee Bank platform.

Fintech 134

Fintech Innovation Resources Cards 134

TheGuardian

JANUARY 13, 2022

London-based firm founded by Swiss surfing enthusiast Guillaume Pousaz overtakes worth of rival Revolut A London-based online payments company has become Britain’s most valuable private fintech business after its latest fundraising valued it at $40bn (£29bn), handing its surf-loving founder a paper fortune of around $20bn.

Fintech 69

Fintech California National Online 69

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

APRIL 25, 2017

The FinTech industry’s future could depend on the outcome of a fight between the Office of the Comptroller of the Currency (OCC) and states, according to a report in TechCrunch. The charter is optional for FinTechs and is aimed at providing a stamp of approval by the OCC for having good compliance practices.

Fintech 109

Fintech Ohio Florida Oregon 109

CFPB Monitor

NOVEMBER 2, 2023

On November 30, 2023 at 12:30 PM, ET, Ballard Spahr will hold a webinar entitled “Recent Important Developments in Federal Preemption for National and State Banks: What They Mean for Bank and Nonbank Consumer Financial Services Providers” during which this case will be dissected.

California 88

California Los Angeles Lending National 88

PYMNTS

MARCH 14, 2016

That means the region is becoming a sweet spot for FinTech investment. But, in Asia, the funding rounds that stretched across India, China and other nations — lured by the buying power of billions of consumers tied to their mobile devices — grabbed a relatively higher pace of fund flows. In India alone, about 40 percent of the 1.3

Fintech 100

Fintech Regional National Mobile 100

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Cashflo said it aims to create India’s largest invoice discounting online marketplace and will use the funding to expand its product offering and grow its team. Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

APRIL 7, 2020

It’s all hands on deck as companies across industries take measures to aid the national and global response to the coronavirus pandemic. For banks and SMBs that may have traditionally relied on physical branches to process these applications, a secure online platform can be instrumental. Easing The PPP Loan Burden.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

AUGUST 10, 2017

Banks and FinTech companies have a complicated history. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ territories. Why the tension?

Fintech 202

Fintech System Industry Google 202

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. On April 21, the Bahamian government published a brief white paper that outlined the country’s digital asset strategy for the next four years.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

JANUARY 30, 2019

In addition, Central JD Fintech is introducing the Dolfin wallet in Asia , and AMS Public Transport Holdings Limited along with AlipayHK is launching a minibus mobile payment system also in Asia. The system integrates payment processing with a point of sale (POS) for merchants operating online and in physical stores.

System 122

System Fintech United States Big Data 122

PYMNTS

JUNE 24, 2016

India led the competition with the most funding rounds, as investors supported the nation’s efforts to develop the digitization and sophistication of more traditional business operations: eProcurement, eInvoicing, logistics and supply chain management. market struggles with investor doubt and regulatory scrutiny. But the U.S.

National 100

National Trends Lending Capital 100

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

OCTOBER 10, 2017

EU antitrust authorities have launched an investigation into whether Dutch and Polish banking associations and their members are blocking FinTech companies from accessing customer account data. The investigation is focusing on whether banks and their national industry associations acted as a cartel or abused their dominance.

Fintech 100

Fintech Data United States National 100

PYMNTS

JULY 3, 2018

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. Activity in the online gambling space has been heating up, especially since the World Cup began. Chargehound. Jewel Paymentech.

National 101

National Charlotte Regional Operations 101

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. Plus, Canadian payment services company Interac is collaborating with Walmart Canada to expand debit card payment methods in store and online.

Mobile 182

Mobile Payments Capital Fintech 182