PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. resources. A report found that the U.S. imposed a full $23.52 billion and the Middle East levied $9.5

Fraud 189

Fraud Fintech Compliance Regulation 189

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. By Elizabeth Judd. Quick Stat.

Community Bank 159

Community Bank Community Fintech Risk Management 159

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

APRIL 26, 2019

It was a slow week for B2B FinTech funding rounds, but investors nevertheless provided an impressive sum to industry startups. B2B FinTech firms were noticeably absent from this week’s roundup, with funding targets instead based in India, Brazil, Spain and the U.K. Interestingly, U.S. million raised by U.K.

Fintech 176

Fintech US Lending Capital 176

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

Operations 138

Operations Innovation Management Risk Management 138

Perficient

DECEMBER 27, 2023

Navigating AML and OFAC Compliance Risks Regarding anti-money laundering (AML) and Office of Foreign Assets Control (OFAC) compliance risks, bank executives must navigate operational and compliance challenges tied to fintech relationships. Contracts should explicitly address potential default and termination.

Compliance 221

Compliance FDIC Regulation Fraud 221

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost. Bankin’ Steps Into Payments APIs.

Data 161

Data Fintech Cards Software 161

PYMNTS

DECEMBER 11, 2020

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. Reports in TechCrunch said Better Tomorrow Ventures, Aleph, Flourish Ventures , Operator Partners and TLV Partners all participated, as did 30 angel investors.

Fintech 193

Fintech Capital Resources Technology 193

PYMNTS

SEPTEMBER 10, 2019

In this month’s feature story Nicolas Dinh, chief operating officer of a year-old money management and payment app provider STACK explained how startups can keep customers safe and prove their security abilities. Deep Dive: How FinTechs, FIs Can Arm Up Against Fraud. To read the full story, download the Tracker.

Security 185

Security Fintech Fraud Compliance 185

PYMNTS

NOVEMBER 18, 2020

Collaboration and not competition, Visa’s Senior Vice President, Global Head of FinTech Terry Angelos told Karen Webster in a discussion on the recent advancements and updates to Visa’s Fast Track program , is quite evident — particularly when one observes that a number of Visa’s partners are many that, on paper, might appear to be competitors.

Fintech 184

Fintech Community Community Bank Meeting 184

PYMNTS

JULY 3, 2020

million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull. Human resources startup Worky secured $3 million in new funding led by QED Investors and with participation from LEAP Global Partners, according to reports in Contxto. With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

PYMNTS

DECEMBER 14, 2018

Israeli startup Access Fintech has received $17.5 Access Fintech has developed a network to help resolve business “exceptions” (also known as errors) that financial institutions (FIs) make, such as data discrepancies on the financial terms of a trade between counterparties or using the wrong information to identify a client.

Fintech 135

Fintech Resources Capital Financial Technology 135

Jack Henry

SEPTEMBER 18, 2019

Fintech providers play an important role in the financial services industry. Banks and credit unions rely heavily on fintechs to sustain compliant efficient operations, process payments and other data, protect information and deliver service to customers in a variety of ways. Thus, the reward for engaging with trusted providers.

Risk Management 68

Risk Management Fintech Management Resources 68

Abrigo

JUNE 14, 2017

Many banks and credit unions have found a path to growth via partnerships with fintechs. Technology partners offer much more than just software to banks; a fintech partnership provides delivery channels, convenience, corporate governance , advisory services, and industry data. Additional Resources Hiring headache?

Fintech 170

Fintech Software Lending Millennials 170

PYMNTS

JANUARY 24, 2020

Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. The firm, based in South Africa, said it will use the funding to scale operations across Southern Africa, the U.S. Flutterwave. Berkshire Grey.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

AUGUST 14, 2019

A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. In Southeast Asia, FinTech InstaReM recently released a new platform of its own. Financial institutions (FIs) that use the platform can also access data that can be used to pursue new revenue opportunities.

Fintech 168

Fintech Payments Cards Regional 168

PYMNTS

FEBRUARY 8, 2019

With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses in FinTech-friendly Lithuania to make sure they can access the EU post-Brexit, according to a report from Reuters. might not be able to serve customers in the EU.

Fintech 139

Fintech Resources Company Security 139

PYMNTS

SEPTEMBER 13, 2017

The company is calling it the “FinTech Roadshow.”. Emailage sees the FinTech industry as a critical sector for partnerships and growth. It aims to flesh out operations in the areas where it already has a presence — that is, London; San Paolo, Brazil; Mexico City; Colombia; San Francisco and Greece. First, on Oct.

Las Vegas 118

Las Vegas Fintech San Francisco Arizona 118

PYMNTS

AUGUST 20, 2020

million SMBs operate across the country and account for 64 percent of new jobs. Only 35 percent of such businesses make it past their first decade in operation. Forty-nine percent said that SMB lending fraud is more complex than personal fraud, but 59 percent devote the same amount of resources to both types. They represent 99.9

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

JANUARY 28, 2020

The problem often stems from the environment in which they are operating — one that can put the brakes on innovation, even when innovation is key to thriving. They are heavily regulated and require heavy investment,” both in terms of capital and human resources. “It But that’s not the whole story, of course.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

PYMNTS

DECEMBER 3, 2020

Visa confirmed this week that it is partnering with Circle Internet Financial, which operates the digital currency U.S. One Singapore-based FinTech, CardUp, recently announced its launch in Hong Kong and the rollout of a solution that allows businesses to make international B2B payments using commercial cards.

Innovation 220

Innovation Payments blockchain Resources 220

PYMNTS

FEBRUARY 22, 2018

Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident. Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space.

Fintech 104

Fintech Regional Resources blockchain 104

PYMNTS

APRIL 1, 2020

The B2B FinTech ecosystem seems to agree. Although connecting SMBs to capital is essential, it’s not the only challenge that B2B FinTechs are tackling with their newest offerings. Although connecting SMBs to capital is essential, it’s not the only challenge that B2B FinTechs are tackling with their newest offerings.

Fintech 168

Fintech Capital Lending Technology 168

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. At the same time, he explained to PYMNTS, industry collaboration can mean combining banks’ and FinTechs’ biggest strengths.

Fintech 319

Fintech Resources Payments Industry 319

PYMNTS

OCTOBER 7, 2016

It appears Manchester may be giving London a run for its money as the next great FinTech sector in the U.K. The city’s FinTech reputation and tech sector are on the rise. Manchester has a proven track record of supporting FinTech investments complemented by a high-caliber of talent,” he continued.

Fintech 201

Fintech Industry Big Data Trends 201

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

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. M1xchange also connects with different third-party infrastructures, such as enterprise resource planning (ERP) technologies.

Capital 192

Capital Company Washington Resources 192

PYMNTS

AUGUST 16, 2019

United Income will maintain its current management team and operate autonomously. As part of Capital One, United Income will have access to “resources that will help us scale and continue to innovate and develop accessible digital tools that help Americans plan for their financial future,” Kelly said.

Capital 156

Capital Fintech Washington Operations 156

PYMNTS

AUGUST 20, 2018

The challenges center on time and skilled resources, according to the data, and as cited by 60 percent of firms. Against the challenges, many of these companies are indeed shifting resources to grapple with GDPR. FinTech Firms Eye Bank Charters.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

OCTOBER 17, 2018

Corporate treasurers have said they’re interested in a slew of cutting-edge FinTech solutions that experts believe will disrupt financial business management. These professionals widely agreed that positive disruption is on the horizon as a result of FinTech.

Fintech 177

Fintech Survey Analytics Tools 177

PYMNTS

AUGUST 14, 2018

No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. There also is the issue of dimension, stated Gafke, as FinTechs find demand, and secure presence, in multiple jurisdictions or geographies. Build vs. buy. The eternal debate.

Fintech 102

Fintech Compliance Resources Tools 102

PYMNTS

JANUARY 18, 2018

The regulatory pressures on banks is not only fierce, it’s also continually changing, forcing financial institutions (FIs) to invest vast resources to stay on top of evolving rules. Banks, of course, cannot ignore the FinTech threat. Competitive Disruption. Cybersecurity.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

OCTOBER 29, 2019

The real estate industry is a popular target for FinTech innovators, particularly when it comes to new services and products that target renters and homeowners. The opportunities of real estate FinTech are vast, and innovation is far from slowing down, according to Ian M.

Innovation 103

Innovation Fintech Industry Tools 103

PYMNTS

AUGUST 6, 2020

In August’s The FI’s Guide To Modernizing Digital Payments , PYMNTS explores the latest in the world of payments modernization, including record numbers of digital payment users in India, high demand for instant payments from corporates as well as consumers, and emerging competition from FinTechs and challenger banks. About The Tracker.

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

NOVEMBER 10, 2020

With open banking technologies making their way beyond the world of consumer finance and into the business banking market, new use cases are emerging from the legislation that opens up bank account data and offers FinTechs opportunities for new functionalities via deeper data integrations. Bringing Order To Bank Data. Emerging Use Cases.

Data 189

Data Management Resources Operations 189

Gonzobanker

FEBRUARY 23, 2022

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. Rather than viewing fintechs as competitors to be feared, bankers should look at them as a means to benefit financially from BaaS.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

PYMNTS

NOVEMBER 22, 2019

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena.

Strategy 109

Strategy Fintech Capital Lending 109