Bank Innovation

NOVEMBER 10, 2017

The National Bank of Australia (NAB) will create 600 new technology jobs. The new job additions will help the bank build its tech presence in order to efficiently compete with the burgeoning fintech industry, NAB said. This announcement comes just a few weeks after the bank said it was cutting 4,000 jobs.

National 191

National Industry Fintech Technology 191

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Enter Figure Pay – And The Barbell Effect . The Charter Advantage .

National 215

National blockchain Montana Lending 215

Chris Skinner

JULY 5, 2018

Whilst in New Zealand, I had an interview with the country’s most respected business paper: National Business Review. The battles for the future of fintech The future of financial … The post The battles for the future of fintech appeared first on Chris Skinner's blog.

Fintech 391

Fintech National Digital Banking Payments 391

Payments Source

JANUARY 29, 2021

City National Bank is working with the fintech startup Extend to further boost contactless payments at the point of sale for business employees through the launch of a virtual Visa commercial credit card.

National 144

National Cards Fintech Payments 144

PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. The Fed And FinTech Firms. As reported, Singapore has been working on other cross-border initiatives as well.

Fintech 211

Fintech San Francisco National Innovation 211

Chris Skinner

APRIL 23, 2019

It was Earth Day on Monday, and a national holiday in many nations as they observed what Christians call Easter. One of the leading … The post Doing good for society and the planet (an Earth Day FinTech update) appeared first on Chris Skinner's blog.

Fintech 338

Fintech National Innovation Payments 338

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

CFPB Monitor

AUGUST 13, 2020

We are pleased to announce that Ballard Spahr’s Consumer Financial Services Group and its Fintech & Payments Team received national rankings from The Legal 500 in the financial services regulation and fintech categories. It was our first application for ranking in the fintech category.

National 60

National Groups Fintech Payments 60

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

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 12, 2020

In today’s top payments news around the world, Visa is rolling out a new program meant to link European financial institutions (FIs) and merchants with cutting-edge digital payment offerings, Payments Canada is teaming with Mastercard’s Vocalink to advance a new Real-Time Rail (RTR) payment system.

Payments 142

Payments Fintech Exercises Risk Management 142

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 210

Fintech Los Angeles Lending Analytics 210

PYMNTS

NOVEMBER 27, 2019

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. In this week’s roundup of the latest B2B applications of bank-FinTech collaboration and open banking initiatives, PYMNTS looks at new data integration models.

Fintech 227

Fintech blockchain Data National 227

The Paypers

NOVEMBER 28, 2022

Brazil's National Monetary Council has allowed credit fintechs to initiate payment transactions, clearing them to provide payment services to consumers.

Fintech 68

Fintech Payments National 68

PYMNTS

JULY 24, 2020

It’s a model based on the concept of collaboration and cooperation, two ideals that have become instrumental in the financial services arena’s payments innovation efforts. CUs’ Global Payments Opportunity. ” That global reach also had the CU prioritizing global payments innovation from the get-go.

Innovation 201

Innovation Payments Leadership National 201

Let's Talk Payments

NOVEMBER 30, 2017

Mid-October, FinTech firm conta.MOBI, which provides payment account (including a free version), announced a collaboration with Correios, the state-owned company that operates the national postal service of Brazil. With this.

National 111

National Fintech Company Operations 111

PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Fintech 142

Fintech Miami National Data 142

Bank Innovation

APRIL 20, 2018

and the National Bank of Canada (NBC) announced today that they tested a debt insurance simulation on a new blockchain platform. JPMorgan Chase & Co.

National 316

National blockchain Innovation Management 316

PYMNTS

SEPTEMBER 24, 2020

When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether. FIS, The Clearing House Link For Real-Time Payments. s newest payment rails, RTP, FIS and The Clearing House are pairing up with a focus on smaller FIs.

Payments 187

Payments blockchain Fintech Innovation 187

PYMNTS

DECEMBER 15, 2020

15) said it has wrapped up its previously announced deal to buy eNett, which is a B2B payment solution provider, and Optal, a firm that focuses on optimizing B2B transactions. said on Tuesday (Dec. WEX paid an overall roughly $577.5 million in consideration from cash on hand, according to an announcement.

Payments 254

Payments Leadership National Fintech 254

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. New Payment Flows. After all, he told Webster, “Australia has embraced contactless payments for a decade now, and two of three transactions are now contactless.

Fintech 168

Fintech Innovation Mobile Payments 168

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. The company provides payment infrastructure services to help people around the globe move money around more quickly and safely. “We

Fintech 168

Fintech Mobile Regional Operations 168

PYMNTS

OCTOBER 6, 2020

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. merchants accept touch-free payments. merchants accept touch-free payments.

Innovation 241

Innovation Cards Payments Technology 241

PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). As previously reported, Saudi Arabia has trained sights on FinTech as well, specifically in Riyadh.

Fintech 167

Fintech Guidelines Mobile Training 167

PYMNTS

NOVEMBER 15, 2018

Contactless payment company Mobeewave announced the closing of a $16.5 This is a major market validation of our payment acceptance platform, and highlights Mobeewave as an industry leader in the FinTech space.”. million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital.

Mobile 199

Mobile Fintech Samsung Capital 199

PYMNTS

NOVEMBER 24, 2020

In today’s top payments news around the world, Western Union has expanded its real-time digital payout capabilities, while Visa has wrapped up its acquisition of YellowPepper. Western Union Expands Real-Time Digital Payments To 100 Countries. It’s A Wrap: Visa Completes Purchase Of Latin American FinTech YellowPepper.

Payments 214

Payments Regional Strategy Analysis 214

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

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. Late payments comprised an overall 50 billion pounds (approximately $68 billion in today’s dollars) for U.K.

Fintech 196

Fintech Maine Analysis Software 196

PYMNTS

JANUARY 11, 2021

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Payments for nationwide financial support programs, like the Benazir Income Support Programme and the Ehsaas Emergency Cash programme , can also be made through Raast, Reuters reports.

System 238

System Payments National Tools 238

PYMNTS

SEPTEMBER 28, 2020

Banks' embrace of FinTech is often driven by consumers' growing demand for a more seamless and unified experience. This week's look at the latest in bank-FinTech collaboration and open banking initiatives finds treasury management in the spotlight. But corporates can benefit from industry collaboration, too. Tink & Enel X.

Fintech 204

Fintech Tools Groups Management 204

American Banker

OCTOBER 19, 2023

Ripple, Coinbase and Circle all received licenses to operate under the nation's stablecoin regulations, which offer more clarity than American rules do.

Fintech 87

Fintech National Regulation Payments 87

American Banker

FEBRUARY 12, 2024

With countless fintechs nipping at its heels, the bank is working harder to be a one-stop shop for e-commerce, retail store management, payments and authentication.

National 63

National Retail Fintech Management 63

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

OCTOBER 17, 2018

New Payments Platform (NPP) Australia , the nation’s real-time payments service that went live earlier this year, is now seeking collaboration from FinTech firms and developers through the launch of a developer sandbox. “They are looking for some consistency in how they integrate with a payments system.”

Payments 148

Payments Fintech National System 148

PYMNTS

JANUARY 29, 2019

Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. The bank has also estimated that the tally includes 4.4 million credit cards, 15.8

Fintech 145

Fintech Cards System Groups 145

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal.

Fintech 228

Fintech Data Risk Management Management 228

BankInovation

MARCH 1, 2021

February’s banner hires brought retirement and investment firm TIAA a new chief executive, and City National Bank lost its innovation lead to data warehouse provider Snowflake.

National 98

National Innovation Leadership Fintech 98