PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Companies then, of course, have the operational side of the costs and the associated headcount. FinTechs, such as Modo, handle the technology and the data security issues.

Company 209

Company Fintech Payments Software 209

PYMNTS

JANUARY 27, 2021

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. Banks must confront numerous fraud threats when they operate digitally, and some of the most pervasive are forms of identity fraud.

Security 213

Security Innovation Fraud Study 213

CFPB Monitor

SEPTEMBER 8, 2022

Since the beginning of Michael Hsu’s tenure as Acting Comptroller of the Currency, bank/fintech partnerships have been a focus of OCC concern. Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements.

Fintech 146

Fintech Risk Management Conference Lending 146

Cisco

JULY 26, 2022

According to McKinsey, fast organizations outperform others by a minimum of 2x on a range of outcomes, including operational resiliency, financial performance, and growth. Organizational agility is about looking for innovative ways to build resilience, protect revenue streams, streamline operations, and ensure employee engagement.

Security 162

Security Operations Leadership Data 162

PYMNTS

APRIL 29, 2020

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This week’s look at the latest in bank-FinTech collaborations reveals two new open banking initiatives from FinTechs designed to address back-office friction for banks.

Fintech 238

Fintech Payments Data Technology 238

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

PYMNTS

AUGUST 21, 2020

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido.

Fintech 154

Fintech Austin Capital Fraud 154

PYMNTS

NOVEMBER 26, 2019

Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment.

Compliance 182

Compliance Regulation Fintech Resources 182

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

DECEMBER 17, 2019

The global advance of open banking initiatives means many consumers’ online platforms are connected to challenger banks and FinTechs that lack the funds necessary to provide robust fraud protection measures. FIs must thus find ways to shore up such weak points if they wish to keep their customers loyal and secure.

Technology 142

Technology Fraud Data Security 142

PYMNTS

AUGUST 22, 2019

FinTech firms are tapping into automation and training to stay on top of the latest security developments, while keeping an eye on evolving trends in the payments space. Overall, FinTechs like AvidXchange service many mid-market companies, and it is key to allow them to decide on the level of security.

Fraud 142

Fraud Fintech Training Security 142

PYMNTS

DECEMBER 14, 2020

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

Massachusetts 229

Massachusetts Fintech Survey User Experience 229

PYMNTS

NOVEMBER 1, 2018

Micro-merchants, such as grocers and “mom and pop” stores, operate largely in cash rather than through safe, secure and swift, digitally enabled transactions. They will also facilitate a FinTech acceleration program to support startups that work to optimize the digital ecosystem for micro-merchants.

Technology 168

Technology Training Tools Security 168

PYMNTS

NOVEMBER 27, 2020

It was a slow week for B2B FinTech venture capital investments, though the industry still managed to pull more than $46.8 The company secured the funding from Hong Kong-based EmergeVest, reports said, while other angel investors also participated. million in fresh funding. SourceSage. Credit Key. Credit Key, a U.S.-based

Fintech 176

Fintech Capital Operations Analytics 176

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. In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull. With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

PYMNTS

AUGUST 3, 2018

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability. FinTech Improvements.

Fintech 115

Fintech United States Regulation Innovation 115

PYMNTS

JANUARY 15, 2019

based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. investors have placed new funds with U.K.-based Beringea, True Ventures and Route 66 provided $11.6

Security 143

Security US Payments Big Data 143

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools.

Fintech 179

Fintech Analytics Capital Lending 179

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. Financial Companies’ Security And Regulatory Obligations . A report found that the U.S.

Fraud 189

Fraud Fintech Compliance Regulation 189

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

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. In a press release , Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities.

Technology 166

Technology blockchain social media New Mexico 166

PYMNTS

DECEMBER 23, 2019

Veekshith Rai, Finly chief operating officer and co-founder described Finly’s strategy to differentiate itself in India’s growing B2B FinTech market. B2B FinTech is growing in popularity for India’s robust startup community, while the market is also an attractive target for more established players in the industry.

Security 131

Security Capital Fintech Community 131

Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security.

Fintech 129

Fintech blockchain Fraud United States 129

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. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.

Fintech 193

Fintech Capital Resources Technology 193

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

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. million in new funding for its technology targeting small businesses in the U.K. million in new funding for its technology targeting small businesses in the U.K. Digital Risks. Reports in Verdict.co.uk

Fintech 175

Fintech Capital Lending Report 175

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 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. Easing The PPP Loan Burden. Prioritizing B2B Payments Digitization.

Fintech 166

Fintech Technology Operations Company 166

Bank Innovation

FEBRUARY 11, 2019

BNY Mellon is on the hunt for fintech partnerships related to popular technologies like blockchain, data analytics, and AI, but also those related to more obscure technologies like natural language generation, Lucien Foster, head of digital partnerships at BNY, told Bank Innovation. “We

Fintech 186

Fintech blockchain Analytics Innovation 186

PYMNTS

APRIL 1, 2020

The B2B FinTech ecosystem seems to agree. This week’s roundup of the latest in coronavirus relief efforts explores the new products and services that technology companies have brought to market at lightening speed in an effort to aid SMBs. Bringg Debuts SMB Delivery Service. Linked Finance Launches New SMB Loan. In the U.K.,

Fintech 168

Fintech Capital Lending Technology 168

PYMNTS

DECEMBER 16, 2020

B2B transactions are increasingly shaking free of paper-based methods as companies have moved operations online this year. They also discuss how this tool compares to other emerging B2B payment technologies. This may make it more important than ever for firms to be able to use alternatives to expensive, slow-moving paper checks.

Cards 161

Cards Security Tools Payments 161

PYMNTS

SEPTEMBER 26, 2019

data software company Gresham Technologies has announced a collaboration with AccessPay to enable enterprise-to-bank data connectivity. A press release this week Gresham Technologies will deploy the collaboration to strengthen its Clareti Multi-Bank solution by integrating AccessPay’s enterprise-to-bank integration platform.

Technology 108

Technology Software Data Operations 108

Bank Innovation

MARCH 25, 2019

These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain. The winner of the competition- an identity proofing and verification startup Diro Labs, received admission to the INV Fintech […].

Fintech 186

Fintech Seattle Conference blockchain 186

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. Mission Secure. Shape Security. Cloud Elements. The firm announced $3.9

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

APRIL 29, 2020

Banks have not faced issues in fulfilling their obligations to their various customers, Caldeira said, and technology has not proved a hindrance to meeting demand as businesses and individuals look for increased assistance in navigating a new reality of digitally delivered financial services. For them, the transition has been seamless.”.

Technology 142

Technology System Meeting Resources 142