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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. SoftBank has put money into the delivery startup Rappi in Colombia; Gympass , a Brazilian fitness company; and the FinTech Uala , based in Argentina.

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Cambodia, Singapore In X-Border FinTech Pact

PYMNTS

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. The money will be used to build engineering staff.

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Kuwait Debuts FinTech Sandbox

PYMNTS

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.

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Tech Center: Facebook’s Incubator, Canadian FinTechs And Gaza Startups

PYMNTS

In this week’s Tech Center tracker, Facebook gives the French tech ecosystem a big boost of support, Canada’s FinTechs reach record high investments and young entrepreneurs in Gaza catch the eye of Silicon Valley. FinTechs In Canada Aim High. Reuters reported investments in FinTech in the U.S. Facebook To Open Startup Garage.

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Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe

PYMNTS

The regulatory landscape was global in scope this past week as lawmakers looked to take steps in creating a far-flung blueprint that would define a FinTech “sandbox.”. Also on the world stage — amid financial regulation coordination — the Financial Stability Board (FSB) is training its gaze on working with existing rules rather than new ones.

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Can The Wealthiest City Win At FinTech?

PYMNTS

Its ranking as the world’s second largest economy has made it a hotspot for many global banking and financial firms looking to set up regional headquarters. Despite the fact that Japan’s tech industry has produced everything from the Walkman to the bullet train, it is now struggling in a space where it was once a dominant player.

Fintech 100
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The new 4 C’s of commercial lending

Celent Banking

As I prepared for the webinar, I thought back to my first exposure to commercial lending when I worked for a large regional bank and I recalled the 4C’s of commercial lending from credit training: character, capacity, capital and collateral.

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