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

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 165

Fintech Customer Experience Conference Technology 165

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

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

CFPB Monitor

JULY 9, 2020

As envisioned, the payments charter would replace the state-by-state money transmitter licensing approach currently used by many non-bank payment processors and FinTechs. The agency would first offer “Payments Charter 1.0”, which he likened to a basic national money-transmitter license. would add, the initial Payments Charter 1.0

National 78

National Company Payments New York 78

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3

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

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

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

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

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

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

PYMNTS

DECEMBER 6, 2019

This week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding into the space. Further, Leaf Trade plans to invest in its engineering and data science operation, the company noted. From Singapore to the U.K.,

Fintech 133

Fintech Capital Lending Chicago 133

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

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. DadeSystems.

National 101

National Charlotte Regional Operations 101

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. operations with a soft landing of customers to Varo.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

PYMNTS

DECEMBER 6, 2020

Some Chinese shoppers visiting an established online mall will be able to buy goods with the country's first official digital currency under a new trial announced over the weekend, Reuters and other wire services reported. Bloomberg described JD.com as the second-largest online retailer in China.

United States 189

United States Retail cryptocurrency Online 189

PYMNTS

NOVEMBER 11, 2020

In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on new customer service options for payments needs. Alacriti, the payments FinTech, has teamed with Glia on new customer service choices for payments needs.

Philadelphia 165

Philadelphia Fintech National Payments 165

PYMNTS

OCTOBER 26, 2018

More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. Reports in Reuters on Thursday (Oct.

District of Columbia 156

District of Columbia National Fintech New York 156

PYMNTS

DECEMBER 18, 2020

This week showed investor interest in B2B FinTech companies in international markets, as a trade finance platform in India and a human resources (HR)/payroll cloud software firm in the U.K. Zenoti said it fuels over 12,000 companies in more than 50 nations. Online invoicing discounting company M1xchange has notched $4.5

Capital 192

Capital Company Washington Resources 192

PYMNTS

JANUARY 7, 2021

China’s Ant Group is considering the formation of a new consumer loan division that would let it continue to provide loans across the nation while adhering to new Chinese banking rules. Ant Group was co-founded by Jack Ma, who also helped start the online commerce firm Alibaba.

Survey 172

Survey Payments Groups Data 172

PYMNTS

OCTOBER 14, 2016

The same premise holds true today and poses a knotty question in online commerce and FinTech: How do you know the person on the other end of a transaction is really who they say they are? Trust would be the operative word in the relationship between individuals and the firms with which they seek to do business.

Fraud 100

Fraud Online social media Risk Management 100

PYMNTS

NOVEMBER 28, 2018

The Singapore-based company provides SMBs with its cloud-based platform to manage business operations, including accounting and finance, employee hiring and management, and other back-office processes. “It exists as an online B2B marketplace for [SMBs], powered by Deskera’s leading inventory management technology.”

Fintech 139

Fintech Management Innovation Resources 139

PYMNTS

APRIL 23, 2020

Lloyds will look to both of these providers to help it create digital banking tools for its customers that will allow it to compete with the rising number of online-only FinTechs and challenger banks grasping at established FIs’ market share in the United Kingdom. The bank has designated $3.7 billion of its funds for this effort.

Digital Banking 262

Digital Banking Security Innovation Google 262

CFPB Monitor

FEBRUARY 20, 2019

The Conference of State Bank Supervisors (CSBS) announced last week that it has agreed to implement 14 recommendations made by its Fintech Industry Advisory Panel (Advisory Panel). It has 33 fintech company members that engage with the CSBS Emerging Payments and Innovation Task Force and other state regulators.

Fintech 68

Fintech Conference Survey Regulation 68

PYMNTS

DECEMBER 2, 2016

The nation saw four startups take home investment out of a total of seven investment rounds. It’s certainly not the largest funding round the B2B FinTech industry has seen. Wholesalebox said it will use the funds to expand operations into new markets and scale its technology infrastructure. Baoku Online.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

NOVEMBER 27, 2018

” Banks have not invested in their small business lending operations to improve the process for the borrower, though. According to Phelan, even so, FinTech firms are playing an important role in this market by lighting the way for banks to understand what they need to compete and improve their SMB finance offerings.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

FEBRUARY 10, 2017

Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said. Reports this week said the company is already operating across seven cities in the country, offering trucking services to both enterprises and SMEs. Alternative Lending. Capital Float. Securing more than $2.5

Fintech 100

Fintech Capital Lending Data 100

PYMNTS

FEBRUARY 6, 2020

Lauren Saunders, who serves as associate director of the National Consumer Law Center, said state-regulated lenders “lauder their loans up to 160 percent annual percentage rates through banks in order to evade state interest rate caps. These schemes are spreading across the country and are starting to explode.”.

Utah 130

Utah National California Regulation 130

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to a December survey from the National Association for Business Economics (NABE).

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

OCTOBER 21, 2020

The EBF represents the vast majority of the European banking sector through its membership, spanning 32 national banking associations from across Europe, which in turn encompass more than 3,500 banks. The great digital shift has spurred banks to examine even the most basic levels of services and bring them online.

Data 317

Data Regulation National Examples 317

PYMNTS

AUGUST 12, 2020

Small businesses have landed at the center of B2B FinTechs’ and financial service providers’ latest collaborative efforts. In this week’s roundup of open banking initiatives and bank-FinTech tie-ups, PYMNTS finds a renewed push to strengthen SMB banking experiences including financing, account management and more.

North Carolina 193

North Carolina Fintech Technology Community 193

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. A lack of trust is a key barrier to SMBs embracing online channels, as well as broadening their sales and partnership circles, said Mittal. Building Financial Trust.

Fintech 120

Fintech blockchain Data Capital 120

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

America 165

America Regulation Regional Tools 165

BankBazaar

FEBRUARY 27, 2020

National, February 25, 2020: BankBazaar , India’s leading provider of free credit score and online financial services marketplace, announced that it expects to close this financial year on a month-on-month EBITDA-profitable basis (for the month of March 2020). BankBazaar is looking to end FY20 at EBITDA profitability. in November 2018.

Fintech 78

Fintech US Resources Cards 78