Chris Skinner

FEBRUARY 24, 2017

Apparently, people like it and here I’m going to expand upon the basic theme to give a detailed analysis of how FinTech wings are spreading. There’s been a lot of talk about fintech lately. In fact, saying ‘fintech’ is like saying ‘retailer.’ So, here is the FinTech Wave, Part One.

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PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Airwallex Taps Deutsche Bank.

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PYMNTS

NOVEMBER 20, 2020

African FinTech Chipper Cash has landed a whale of an investor. The startup has since expanded into eCommerce with a service targeted at retailers and other online merchants, Chipper Checkout. Chipper, though, is just the latest African FinTech to attract the attention of investors. And the investments have kept coming in 2020.

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The Financial Brand

OCTOBER 31, 2023

This article How Fintech Transformation Impacts the Future of Retail Banking appeared first on The Financial Brand. As fintechs still reshape banking, their focus on profits over scale does not diminish the competitive threat — or collaborative opportunity.

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PYMNTS

DECEMBER 9, 2020

When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. The Outsourced FinTech Opportunity. For a consumer-facing retailer, these workflows can be unfamiliar and add a flood of friction into the sales process.

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PYMNTS

DECEMBER 27, 2020

The second trial of digital yuan by the People's Bank of China has concluded, resulting in hundreds of thousands spent on eCommerce retail, food delivery and ride-sharing, The Wall Street Journal (WSJ) reports. The trial began earlier in the month as authorities handed out 20 million digital yuan, or $3.1

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Payments Dive

DECEMBER 4, 2023

The fintech, founded in the U.K. expects its pay-by-bank services for bank clients will eventually lure retailers. and now building up operations in the U.S.,

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Bank Innovation

JULY 29, 2019

When retailers can deliver goods to customers within hours and routinely serve up personalized recommendations, financial firms are having to rethink how they build relationships with their customers. While fintech startups have a head start, legacy financial institutions […].

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PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” FinTech AutoFi Launches Division For Businesses That Offers Financing Services. L’Occitane’s U.S. percent seen in December 2019.

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Bank Innovation

MAY 1, 2020

BMO Harris Bank and Chicago-based incubator 1871 have unveiled plans for their annual fintech mentorship program, and this year they are shining a light on female-led fintechs.

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Accenture

DECEMBER 3, 2019

Guest bloggers Alex, Devon, Eliza and Reagan – from Accenture’s Emerging Leaders Program – wrap up their two-part series on how a consortium model can help regional retail banks keep up with the tech acquisition capabilities of larger banks. How regional banks can best get the innovation boost and growth value they need from participating….

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Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

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Payments Source

APRIL 1, 2020

Payments infrastructure integrations create the backbone for front-of-house retail, back-of-house inventory, supply chain, and warehousing, says Global Payments' Frank T.

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Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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PYMNTS

JANUARY 23, 2020

23) passed a ban on cashless food and retail stores. And in Singapore, global FinTech Rapyd announced a new platform that will allow both consumers and businesses to go totally cashless. The New York City Council on Thursday (Jan. The ban was reportedly spearheaded by Councilmember Ritchie Torres.

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Bank Innovation

FEBRUARY 19, 2018

The innovation of fintech is not limited to retail banking, according to the UK Investment Association, which today said it would launch an accelerator for fintech starts focused on AI, ML, DLT technologies in the asset management sector. Investment Association is a 240-member community.

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PYMNTS

NOVEMBER 30, 2020

At a time when surging coronavirus counts are once again muddying the outlook for consumers and business owners, MerchantE Chief Financial Officer Shim Steinmetz says the crisis has also provided a silver lining of sorts to nimble FinTechs that can solve merchants’ cash crunch problems. Or consider Sears.

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PYMNTS

JANUARY 12, 2021

For Walmart, FinTechs are in sight — but where to from here? As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan.

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Bank Innovation

MARCH 27, 2020

In a week that saw the coronavirus pandemic amplify in the United States, the fintech sector continued to weather economic dislocation and uncertainty. But even amid this uncertainty, fintech companies began formulating strategies to help banking and consumers emerge from the crisis with better tools and solutions.

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Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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Payments Source

JANUARY 11, 2021

The retail giant is teaming with the investment group Ribbit Capital on the venture, which will aim to provide new services to Walmart customers and employees.

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Bank Innovation

DECEMBER 10, 2019

based growth equity firm, closed its second fintech valued at $375 million this week. Centana Growth Partners, a New York and Palo Alto, Calif.-based The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.

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PYMNTS

JANUARY 25, 2021

Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange.

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BankInovation

MARCH 18, 2022

Automated payments fintech EarnUp announced Tuesday that it raised $31 million in a series C funding round. EarnUp automates payments and uses just-in-time data to streamline mortgage and financing for retail customers, with adjustable autopay […].

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Bank Innovation

JANUARY 29, 2020

With nearly 200 startups, five major banks, 19 venture capital firms and representation from large tech companies like Google, Facebook, PayPal, Toronto is quickly becoming a center for fintech entrepreneurship.

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Bank Innovation

APRIL 5, 2019

commercial banks are increasingly looking to fintechs to improve customer experience. commercial banks are considering new fintech partnerships for improving either customer experience or security, and in some cases -- both. Customer experience has increasingly become a central theme in banking, both retail […].

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Bank Innovation

APRIL 21, 2020

Lenders have had to spend unprecedented funds on compliance in the first quarter, which could shift resource allocation at banks and credit unions and hamper post-pandemic fintech partnerships.

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PYMNTS

JUNE 8, 2020

Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 Chargeback said the money will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. million Series A1 funding round.

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Bank Innovation

AUGUST 14, 2017

German fintech company Deposit Solutions acquired Berlin-based retail deposits platform, Savedo for an undisclosed amount, it was announced today. Hamburg-based Deposit is an open banking platform for deposits. It also operates the investment platform ZINSPILOT.

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Bank Innovation

MARCH 27, 2019

SigFig, a San Francisco fintech specializing in robo advice, today unveiled SigFig Atlas, an interactive platform for financial advice and software-guided sales that faces both retail banks and their customers.

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PYMNTS

APRIL 27, 2020

But after that initial download, retailers and purchase aggregators pretty much let users run the course of their screens, never thinking that advanced applications would someday become important. Some companies have been trying to bring retailers into the new world of “necessary” location-based app technology for mobile retailing.

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Bank Innovation

MARCH 19, 2020

How will banking and fintech business models be impacted by this unprecedented coronavirus pandemic? For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

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PYMNTS

OCTOBER 14, 2020

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Afterpay Goes In-Store Nationwide With Major Retailers. Why London’s Calling For The FinTech Industry. Morgan reports third-quarter results that show a strong consumer base.

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Banking Exchange

APRIL 5, 2021

Fintechs stepped up to the plate in giving Americans faster access to stimulus checks without fees Payments Duties Retail Banking Technology Feature3 Fintech Feature PPP Covid19 The Economy.

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PYMNTS

OCTOBER 30, 2020

29) that retail investors in mainland China made over $2.8 The news comes after it was reported that Ant Group’s pending public offering could bring about a multibillion-dollar reward for a small collection of foreign investors, who purchased a part of the Chinese FinTech two years prior. Ant Group indicated on Thursday (Oct.

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Bussman Advisory

NOVEMBER 19, 2022

The bedrock of investments: BlackRock’s FinTech foray. Revolut races past 25m retail customers. The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? More information on www.bussmannadvisory.com.

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Accenture

NOVEMBER 7, 2019

Guest bloggers Alex, Devon, Eliza and Reagan – from Accenture’s Emerging Leaders Program – dive into how regional retail banks combat the challenge of keeping up with the tech acquisition capabilities of larger banks through banking consortium models.

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