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. As reported by AltFi , the People’s Bank of China (PBOC) has said that the sector represents a “new” growth engine. The statements were contained in the PBOC’s FinTech Development Plan 2019-2021.

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Fintech Analysis Guidelines Data 172

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example.

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Mobile Report America Regulation 229

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 Outside U.S.

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PYMNTS

NOVEMBER 24, 2020

The remittance firm said it has grown its real-time digital payout abilities in a move that encompasses billions of bank accounts in 100 nations. It’s A Wrap: Visa Completes Purchase Of Latin American FinTech YellowPepper. Terms of the arrangement were not made known. New Pandemic Lockdowns Trigger Economic Slowdown In Eurozone.

Payments 214

Payments Regional Strategy Analysis 214

PYMNTS

JULY 4, 2018

FinTech startups and big tech may provide competition for established banks that have bad loans on the books, The European Banking Authority (EBA) said on Tuesday (July 3). In addition, the EBA said banks might be burdened with old technology, Reuters reported. s exit from the bloc next year. s exit from the bloc next year.

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PYMNTS

MARCH 14, 2016

As a region, Asia has seen $4.5 billion come into its financial startups from investors across a variety of stripes, which is quadruple the investment activity of a year ago, Reuters reported. That means the region is becoming a sweet spot for FinTech investment. The global investment activity in the space stood at $19.1

Fintech 100

Fintech Regional National Mobile 100

PYMNTS

JULY 20, 2018

Sydney, the most populous city in Australia, is also a burgeoning FinTech hub: In fact, Deloitte has ranked it as the eighth most conducive hub for growth in the FinTech sector. A key element in its emerging global reputation is the speedy progress we have made in FinTech in Sydney.”. stocks, call the city home.

Fintech 101

Fintech social media Regional Customer Experience 101

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. Yelo also plans to expand its team and invest in product development and sales, reports said.

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Fintech Capital Lending Operations 155

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

National 133

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PYMNTS

AUGUST 15, 2019

Recent figures indicate that global remittance payments broke records last year, with $689 billion in remittances reported — a significant increase from the $633 billion reported in 2017. We have worked with several FinTechs to understand the way they think and how they manage customer needs,” she said.

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Fintech Innovation social media Regional 122

PYMNTS

SEPTEMBER 30, 2016

Major cities in Europe may not be the only ones after London’s FinTech crown. A new reported from the Association of Chartered Certified Accountants (ACCA) stated that Singapore’s fast-growing and lucrative FinTech sector is standing out as many larger rivals around the world are impacted by regulatory challenges and political turmoil.

Fintech 100

Fintech Regional Policies System 100

PYMNTS

JULY 31, 2019

According to reports in TahawulTech, the initiative marks Mastercard’s first national-scale blockchain project in the Middle East. As a technology company, Mastercard is proud to introduce the latest payment technologies to the region, which are helping to build the infrastructure for a smart economy.”

blockchain 190

blockchain Regional National Payments 190

PYMNTS

JANUARY 13, 2021

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. Since then, PSCU has migrated from being a transaction processing service reseller to a FinTech provider helping credit unions (CUs) and their members. Singapore Tech Startup Sea Buys Indonesian Bank BKE.

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Digital Banking ATM Capital Regional 141

PYMNTS

JUNE 4, 2018

The Consumer Financial Protection Bureau (CFPB) said this past week that it is linking up with the Commodity Futures Trading Commission, eyeing a regulatory sandbox for FinTech firms. has lagged behind other regions (notably Europe, and, for example, the U.K.) The sandbox is getting a bit bigger — the regulatory kind, that is.

Fintech 119

Fintech Lending Regulation Examples 119

PYMNTS

JULY 17, 2018

The movement toward linkups between traditional financial institutions (FI) and FinTech firms seems an inexorable one — in the cross-selling of corporate services into consumer bases that embrace individuals and, typically, small- to medium-sized businesses (SMBs). However, looking elsewhere beyond U.S.

Fintech 100

Fintech Regulation New York Management 100

PYMNTS

AUGUST 20, 2018

Despite direct exposure to the region, they remain unaware of the GDPR requirements. FinTech Firms Eye Bank Charters. And in the wake of the announcement late last month that FinTechs will be able to apply for banking licenses with the Office of the Comptroller of the Currency, caution abounds. Japan Eyes Cryptos, Yet Again.

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Fintech Survey Regulation Resources 101

PYMNTS

FEBRUARY 10, 2017

With a goal of expanding its presence across the Nordic region, Enterpay, based in Finland, has raised new funding from NFT Ventures, the companies said Monday (Feb. Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said. B2B Payments. Alternative Lending. Capital Float.

Fintech 100

Fintech Capital Lending Data 100

PYMNTS

JANUARY 9, 2018

According to FIS’s “Performance Against Customer Expectations (PACE)” report, released last July, SMBs are becoming increasingly unhappy with the options they’re offered at large FIs, and it’s causing them to consider switching providers. But small business lending is only one part of the banking puzzle.

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Community Bank Community Fintech Lending 131

PYMNTS

DECEMBER 12, 2018

The site reported that the trademarks (and to be sure, they are not patents) are named “Blockchain KeyStore” and “Blockchain Core” and “Blockchain Key Box.” Roughly a fifth of those queried by the DTCC stated that FinTech as a general category poses at least some systemic risk next year, which is up 5 percent from last year.

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Samsung blockchain Regional System 137

PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb.

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability. Central bank digital coins on the Continent – but plenty of room for cash.

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Boston Retail Meeting Maine 227

PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. For me, Bitex provides a great solution for payments, and they will be boosted by the structure and name of Bantotal.”.

Bitcoin 159

Bitcoin Payments blockchain America 159

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

CB Insights

DECEMBER 19, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B, a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Data is as of 12/19/2019.

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Fintech Regional Analytics Groups 51

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Instead, FIs must go digital in the ways consumers are seeking.

Regional 198

Regional Cards National Trends 198

PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. For me, Bitex provides a great solution for payments, and they will be boosted by the structure and name of Bantotal.”.

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Bitcoin America blockchain National 123

PYMNTS

MARCH 6, 2019

On Friday (March 8), the world will recognize International Women’s Day — celebrated globally since 1975, when it was adopted as a holiday by the United Nations. The study reported that for every dollar of capital raised, women-run startups generated 78 cents in revenue, compared to 31 cents for men-run startups.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

NOVEMBER 4, 2016

Reports Thursday (Nov. 3) said the FinTech company received approval from the Reserve Bank of India to provide outbound international payment services to banks in the country. Earthport already provides inbound international payment services to the nation.

Payments 100

Payments Regional Analysis Fintech 100

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months.

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PYMNTS

JULY 12, 2018

Zug is a small town near Zürich with only about 30,000 residents, yet it is impacting the FinTech world in a big way. One such company in the Zug region is crypto loyalty firm qiibee. But, while the region is conducive to technology and business, it does come with a high cost of living.

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PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . According to reports, Nubank is looking to take in as much as $1 billion in their next round, which could include SoftBank as well as other support entities. “We

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blockchain Payments Regional America 147

PYMNTS

NOVEMBER 22, 2017

The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed ledger initiatives from the private and public sectors took major steps forward. According to reports in Singapore Business Review , $2.71 The Singapore-Hong Kong Initiative.

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blockchain Fintech Innovation Report 134

PYMNTS

MARCH 10, 2020

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. Beyond Traditional Data.

Data 193

Data Lending Capital social media 193

PYMNTS

APRIL 8, 2019

In Europe, money transfer company Azimo says it has received a license to operate in the Netherlands from the Dutch Central Bank, according to reports. Azimo CEO Michael Kent said, according to the report, “We looked at many jurisdictions but decided the best place to expand our European operations was the Netherlands. Outside the U.K.,

Payments 100

Payments New York City System Metro 100

PYMNTS

JANUARY 13, 2017

The city’s median income is $49,192, higher than the national median of $45,760 and higher than Auckland’s median income of $48,204. New Zealand was ranked the number one country in which to start a business by the World Bank Doing Business Report 2016. With such a far distance to other major tech regions, such as Europe and the U.S.,

Fintech 100

Fintech Regional Innovation Trends 100

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Powers report shows the big banks have made significant improvements in all digital categories.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

JANUARY 28, 2020

Late last week, the India Banks Association (IBA), the representative body for the banking industry, wrote to the National Payments Corporation of India (NPCI), the umbrella organization for retail payments in the country, to ask the latter to remove some fees on UPI and RuPay transactions. of India (NPCI). Caught In The Crossfire.

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Cards Payments National Report 130