PYMNTS

OCTOBER 29, 2018

A report earlier this month from Accenture has estimated that the range of financial sector upstarts — from challenger banks to FinTech firms, to new tech firms coming into financial services — will disrupt top-line growth for entrenched financial institutions (FIs). For banks, the landscape is getting crowded.

Fintech 178

Fintech Data United States Report 178

PYMNTS

SEPTEMBER 4, 2020

operations to Railsbank , the London-based FinTech. The agreement includes the company’s card technology, clients and assets. Also last week , Wirecard Card Solutions Ltd. announced plans to sell its U.K. The deal came more than two months after the disgraced German payments company filed for insolvency.

Report 186

Report United States Cards Operations 186

PYMNTS

JANUARY 7, 2021

The Berlin-based firm said it plans to use the money to speed up its expansion and “deepen its footprint” in the 50 countries where it currently operates, with a special focus on the United States, Japan and Brazil.

United States 255

United States Software Capital Fintech 255

PYMNTS

NOVEMBER 3, 2020

The company – and its gold trading app – just expanded its reach in the United States with the addition of a license to operate in Alabama. 3) granted the Miami-based CORO a money transmitter license, giving it a green light to do business in the state. The future is looking a bit more golden for CORO Global.

Alabama 233

Alabama District of Columbia South Carolina Montana 233

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The Mastercard’s pilot biometric technology , on the other hand, if widely adopted, would require more intensive widespread hardware and software updates.

Industry 471

Industry Trends social media Payments 471

PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. billion noncash payments totaling $97.04 trillion in 2018.

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

JANUARY 13, 2020

Visa has signed a deal to purchase FinTech firm Plaid for $5.3 Plaid, which was launched in 2013, is attractive to Visa because it has the technology to get access to a customer’s bank account data, collect it and aggregate it for financial services providers to use. billion, according to a report.

United States 143

United States Fintech Cards Operations 143

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. SoFi/Galileo: This $1.2 customer impact.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm. ”

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

SEPTEMBER 27, 2017

Trade finance revenue is slipping at the world’s largest banks, especially as companies struggle in a global trade environment operating with a $1.5 The FinTech space is hoping to address these challenges head-on, targeting the paper and manual-based processes of trade finance transactions though innovations like blockchain.

Fintech 128

Fintech Survey Lending United States 128

Bobsguide

APRIL 29, 2022

In this first of many planned releases, financial institutions simply visit marketplace.nxtsoft.com, select the core system they are utilizing and view a list of Fintech solutions to which NXTsoft has pre-built lifecycle connectivity. based core systems with minimum integration effort. About NXTsoft.

Denver 148

Denver Atlanta Fintech United States 148

PYMNTS

JUNE 25, 2020

Boost Payment Solutions , a global provider of B2B payment technologies, announced a strategic collaboration with BMO Harris Bank on Thursday (June 25). The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers.

Payments 130

Payments United States Chicago Cards 130

PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. CUs are also leveraging the latest technologies, including cloud computing, to continue fostering the relationships with their customers. Around The Credit Union World.

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

OCTOBER 13, 2019

Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world. The launch is the first for Uber in a country outside of the United States, and it will be available in six Mexican cities initially: Mexico City, Tijuana, Monterrey, Puebla, Merida and Guadalajara.

United States 137

United States America Regional Innovation 137

PYMNTS

JULY 24, 2019

Enterprise payments and banking technology firm Zeta announced a Series C funding round this week propelling the firm’s valuation to $300 million. Zeta did not disclose how much it raised but noted it plans to expand operations in the U.S., Zeta did not disclose how much it raised but noted it plans to expand operations in the U.S.,

Payments 108

Payments United States Leadership Fintech 108

PYMNTS

JULY 4, 2016

Today the United States celebrates Independence Day, with cookouts and fireworks and no dearth of parades. But across the Pond – regardless of the initial claims last week that Britain had occasioned its own Independence Day via the Brexit vote — for FinTech, freedom is just another word for lots and lots left to lose.

Fintech 101

Fintech United States Capital Regional 101

PYMNTS

OCTOBER 4, 2019

That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. Legacy payment providers are looking for ways to innovate in the ways that [FinTech firms] do, and to avoid duplicative costs.”. Recent Trends.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

DECEMBER 8, 2020

A recent survey of the 20 largest United States financial institutions (FIs) found that 20 percent still force customers to complete onboarding by visiting bank branches or speaking on the phone, with full online sign-up not allowed. Video-based know your customer (KYC) processes are particularly promising in this regard.

Video 211

Video Report Meeting United States 211

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. This statistic is emblematic of a larger problem in the world of B2B payments. Around The BaaS World.

Payments 169

Payments Fintech Trends United States 169

Bobsguide

SEPTEMBER 8, 2022

Leveraging blockchain technology to alleviate the complexities faced by asset managers with funds in multiple geographies, global Fintech leader, Broadridge Financial Solutions, has released a multi-jurisdictional version of its private equity platform, Private Market Hub, now available to funds domiciled in North America.

Marketing 88

Marketing United States Management Data 88

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Credit unions have stepped up to reinforce their digital operations during the pandemic.

North Carolina 197

North Carolina Houston Fraud Innovation 197

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

NOVEMBER 25, 2020

Financial services providers have looked to solve these frictions using real-time payment tools, and their efforts are being realized as businesses and consumers alike grow more comfortable with new banking technologies. percent of them stating that receiving such access to funds is “very” or “extremely” important.

Report 260

Report Trends Payments United States 260

PYMNTS

JULY 27, 2020

Consumers as well as businesses in markets from Europe, Mexico, the United States and the United Kingdom all shifted to online and mobile channels to interact with their existing banks as brick-and-mortar branches closed, putting pressure on banks to keep their digital services quick and seamless as online requests swelled.

Digital Banking 202

Digital Banking Technology Apple Examples 202

PYMNTS

JANUARY 21, 2021

Financial institutions (FIs), FinTechs and other businesses that are looking to enable these rapid payments must therefore ensure that their security and fraud-fighting approaches are up to the challenge. Advanced analytics technologies could help FIs tackle such issues, however, by making it easier for FIs to detect potential red flags.

Fraud 231

Fraud Security Payments United States 231

PYMNTS

AUGUST 6, 2019

This new valuation ranks Klarna as the biggest European private FinTech and one of the largest private FinTechs around the world, according to an announcement from the company. The funding will help Klarna continue its rapid rise in the United States market, where it is currently growing at an annual rate of six million new consumers.

San Francisco 108

San Francisco United States Fintech Capital 108

PYMNTS

OCTOBER 9, 2020

9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. In addition to addressing competition concerns, he said, the new unit could also assess other issues such as data protection. Coscelli said the U.K.’s

Regulation 183

Regulation United States Marketing Conference 183

PYMNTS

NOVEMBER 12, 2019

The Fold Kickbacks program, which supports bitcoin’s second layer Lightning Network, features big retailers including Amazon, Starbucks and Uber in select countries such as the United States, Australia, Canada, Ireland, Mexico and the United Kingdom.

Bitcoin 102

Bitcoin blockchain United States Cards 102

PYMNTS

JULY 2, 2020

The pandemic is continuing to throw typical business operations for many industries into flux, resulting in disastrous financial consequences. The hope is that these changes will offer SMBs the adaptability they need to keep their operations moving throughout the ongoing pandemic. Government entities in the U.S.

Lending 198

Lending social media Industry United States 198

PYMNTS

NOVEMBER 29, 2019

Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California. Many founders are operating their businesses, from day one, with the ambition of entering an international setting.

Policies 191

Policies California United States Management 191

PYMNTS

AUGUST 23, 2019

FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. WEX and Phillips 66 have partnered since 2010, the release said, to develop a sales and marketing program that depends on new payment technologies for fleet customers.

United States 100

United States Cards Branding Payments 100

Chris Skinner

JULY 13, 2017

This is forcing banks to replace systems that have been operating for three decades or more, and that is like ripping out the foundations of a building whilst ensuring the house doesn’t fall down. These peoples have largely been ignored by technology but that is changing. It is not easy. appeared first on Chris Skinner's blog.

United States 316

United States System Mobile Maine 316

Gonzobanker

NOVEMBER 9, 2022

New approaches to talent and technology are needed to address changes in the wealth management business model. According to the Spectrum Group, there are now close to 15 million millionaires in the United States, and many of them do not have the confidence or long-term wisdom to manage their investments without guidance.

Management 158

Management Community Bank Strategy Technology 158

Gonzobanker

OCTOBER 12, 2022

Less than 10 years old, the Brazil-based digital bank counts 70 million clients across its three operating countries ( source ). The largest fintech bank in Latin America, this master of digital marketing – known for creating cool products with strong organic growth – continues its massive expansion in Mexico and Colombia. Olé Olé Olé.

Fintech 97

Fintech United States Chicago Mobile 97

PYMNTS

SEPTEMBER 29, 2017

PingPong Financial Group , a Chinese FinTech company, has received a Payment Institution (PI) license from the government of Luxembourg. was issued the license by Minister of Finance Pierre Gramegna of Luxembourg, making it the first Chinese FinTech company to establish European offices in the country. Japan and now Luxembourg.

Security 129

Security Payments Fintech United States 129

Jeff For Banks

FEBRUARY 4, 2023

As described by ZDNet.com , "ChatGPT is a natural language processing tool driven by AI technology that allows you to have human-like conversations and much more with a chatbot. Me to ChatGPT: Describe the current economic situation in the United States. But I wanted to give it a try with relevant banking questions.

United States 78

United States US Cyber Security Taxes 78

PYMNTS

NOVEMBER 14, 2018

The twin pressures of government oversight and a trade war with the United States are proving to be headwinds to that growth. Closer to home, regulation also bites into top-line traction, as FinTech and gaming , to name but two sectors, are getting more attention from the government.

Regulation 122

Regulation United States Industry Course 122