PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

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PYMNTS

OCTOBER 29, 2018

The greater availability of data gives financial institutions (FIs) and FinTech firms alike insight into customers’ behaviors, habits and preferences, allowing them to develop more effective tools, products and features. While these initiatives are spurring more focused financial services innovations, they also come with challenges.

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PYMNTS

NOVEMBER 27, 2020

Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. Paper checks are more difficult to use as many professionals work from home, prompting a need for new payment tools. based FinTech Jassby. Around The Next-Gen Debit World.

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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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PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality. StreetShares.

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Fintech Lending Software Security 258

Gonzobanker

SEPTEMBER 21, 2023

Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech. Core10 secured a Series B funding round led by Patriot Financial Partners with JAM FINTOP and the ICBA. Finastra partnered with Glia for digital customer service.

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PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Build, buy or partner? Finastra Chosen by Community FI. payment schemes. Faster Payments scheme.

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PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. 23), it is offering foundational digital guidelines to help several partners – including payment processors FIS, CoreCard, i2c, TSYS (owned by Global Payments) and others – to access card data in a speedy, secure manner.

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Cards Management Tools Guidelines 249

PYMNTS

DECEMBER 16, 2020

Tools like virtual cards are now drawing interest as businesses look for transaction methods that can deliver more speed, cost savings and transparency. Wells Fargo is taking heed of corporate interest in virtual cards and has launched its own digital supplier payment tool. Around The B2B Payments World. Read more in the Report.

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Cards Security Tools Payments 161

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. Lackluster customer onboarding authentication is one of the weakest points in most banks’ anti-fraud security systems.

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PYMNTS

MARCH 8, 2019

Bank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For FinTechs, the deals mean access to a broader range of customers through well-established industry names. For FinTechs, the deals mean access to a broader range of customers through well-established industry names.

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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.

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PYMNTS

JANUARY 14, 2021

Relying on AP automation tools could ultimately help SMBs build more resilient, efficient operations. In an age of FinTechs and large banks, we will sit squarely in the center and use technology to make banking needs simpler — but use experienced people to make common sense-based decisions.”. Thinking Beyond the Bank. businesses. “As

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PYMNTS

SEPTEMBER 7, 2020

MarketFinance , a FinTech business lender, has secured a £50 million ($65.8 MarketFinance's tools include Autoflow, which allows it to make snap decisions on almost half of all applications by just collecting a few pieces of information.

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Fintech Tools Lending Security 175

PYMNTS

MARCH 31, 2020

FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. According to its website, MatchMove is “building a world-class fintech platform to enable fast, secure and regulated money-moving experiences for the end-users of our clients and partners.”

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Fintech Regional Security Lending 168

PYMNTS

SEPTEMBER 12, 2019

FinTechs could face these same financial pains as regulators increasingly demand that they follow the compliance rules to which FIs must adhere. The People’s Bank of China announced in March that it plans to create rules for regulating and securing the FinTech sector, for example. . A report found that the U.S. million. .

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Fraud Fintech Compliance Regulation 189

The Paypers

FEBRUARY 29, 2024

Mastercard has partnered with MTN Group Fintech to provide African people and businesses with digital tools to transact through secure mobile payments.

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Groups Fintech Tools Mobile 36

PYMNTS

SEPTEMBER 17, 2019

FinTech firms are keeping a pulse on the latest regulations and helping their clients comply with them. The regulation is top of mind, especially for European Union companies, and FinTechs are stepping up to the plate to help their customers comply with its components from a product perspective.

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Fintech Compliance Data Regulation 200

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. INDUS Holding Company. Cloud Elements. reports said.

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Fintech Capital Security Fraud 188

PYMNTS

JULY 10, 2020

The July Digital Identity Tracker ® examines how healthcare providers, FinTechs, universities and governments around the world are rising to the challenge and collaborating to deliver accessible healthcare services amid a global crisis. . How HealthTap Meets Flexible Telehealth, Data Security Demands. About The Tracker.

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Security Indiana Meeting Data 208

PYMNTS

SEPTEMBER 25, 2018

Financial services advisory firm Enterprise Engineering is spinning off a new company to link banks and financial institutions with data management tools. The Ninth Wave Platform is the bridge between FinTech applications and financial institutions, making it one of the most high-performing and secure platforms in the industry.”

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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

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Fintech Capital Operations Analytics 176

PYMNTS

APRIL 27, 2020

They expect mobile integration, rewards, spend management tools — and perhaps most importantly, they expect card transactions to feel instant and seamless, regardless of the platform or marketplace on which they occur.

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Cards Fintech United States Case Study 226

PYMNTS

SEPTEMBER 12, 2018

Omni Security and Authentication. Consumers expect to do business with their bank online seamlessly, without the hassle of complicated security checks, whether through their mobile phone, smart watch, home speaker or other connected device. Around The Security And Authentication Space. About the Report.

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Security Report CA Fraud 139

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

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Security Data Fraud Tools 133

PYMNTS

DECEMBER 23, 2020

The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. But it also has to be something that parents see as trustworthy, secure, stable and likely to promote financial literacy. We don't take that lightly.

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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. Digital Demand.

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Fintech Mobile Analysis Technology 211

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.

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PYMNTS

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. These transactions are not without security risks, they added, meaning banks must be on the lookout for fraudsters seeking to intercept B2B payments. API security. Benefits Of APIs .

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PYMNTS

OCTOBER 9, 2020

Enterprise device security firm Eclypsium has notched $13 million in an oversubscribed funding round , which brings the overall funding of the firm to $25 million. By providing a tool that makes these modern strategies a few clicks away, Zira can unlock the potential hidden in our world’s workforces.”.

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Compliance Payments Fintech Capital 267

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

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Digital Banking Security Innovation Google 262

PYMNTS

NOVEMBER 21, 2019

The FinTech unicorn Plaid has rolled out in three more European countries – Ireland, France and Spain – as part of an expansion initiative, CNBC reported on Thursday (Nov. The Silicon-based startup, launched in 2013, uses a unified application programming interface (API) to link FinTech apps with people’s bank accounts. and Canada.

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Fintech Regulation Google Cards 117

PYMNTS

JUNE 10, 2020

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 “Our collective vision is to revolutionize [SMB] trade using technology, helping increase their efficiency and providing them with tools to conduct their business seamlessly and more profitably.”

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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.

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PYMNTS

FEBRUARY 26, 2019

centered on collaboration between FinTechs and traditional banks. 25) that in South Korea, the financial regulator there (known as the Financial Services Commission) is encouraging the creation of an interbank payment network that will allow access to banks and FinTechs. Open banking may foster talk in Europe and the U.S.

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Fintech Payments Data Marketing 188

PYMNTS

APRIL 27, 2020

billion by 2024, and a separate study suggested that many customers were willing to use FinTechs as well as their primary banks to receive the level of technological support they desired. It found that 64 percent of consumers across 27 surveyed markets noted that they were using FinTech services. Starting at the Core.

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Digital Banking Tools social media Mobile 248

PYMNTS

JULY 5, 2018

The vast majority of traditional financial institutions (FIs) plan to increase their collaborative efforts with the FinTech world, according to a PwC report published last year. The two-sided benefits of a bank-FinTech collaboration are certainly beneficial to FinTech firms like additiv.

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Compliance Fintech Marketing Security 109