Bank Innovation

JUNE 27, 2017

INV Fintech, this site’s sister accelerator, announced a partnership today with Shanghai-based JadeValue, an incubator and investment fund, to enhance financial technology startups in both the United States and China.

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PYMNTS

NOVEMBER 12, 2020

Consumers’ desire to go contactless or cardless during the pandemic presents plenty of opportunities for FinTechs, banks and other card issuers to bring innovative credit solutions to market, but such investments much be approached strategically. The pandemic has in no small way transformed the contactless payments space.

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PYMNTS

NOVEMBER 13, 2018

Collaboration amid competition has been a hallmark of the financial services space, as traditional financial institutions (FIs) join forces with FinTech startups. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Here In The States. Guidelines From The UK.

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BankInovation

OCTOBER 2, 2023

The Federal Reserve is looking to fintechs to drive the adoption of FedNow across financial institutions.

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CB Insights

MARCH 13, 2019

They include cybersecurity company StackPath ($180M) and fintech companies Opera Solutions ($122M) & Petuum ($108M). The post The United States Of Artificial Intelligence Startups appeared first on CB Insights Research. There are 7 unicorn startups on our map: agtech startup Indigo Agriculture ($3.5B InsideSales.com.

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PYMNTS

JULY 26, 2019

A Japanese FinTech company is applying for a banking charter in the United States, according to a report by American Banker. The eCommerce firm Rakuten currently runs a shopper rewards program in the States, and said would file the necessary paperwork on Friday (July 26) with Federal Deposit Insurance Corp.

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PYMNTS

APRIL 27, 2020

After all, there are an estimated 2 billion consumers in the world who lack access to credit cards and other forms of bank financing, including an estimated 22 percent of households in the United States. We look at the past, but we don’t just look at the past,” said Veronica Crisafulli, MO’s co-founder and chief commercial officer.

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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.

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Chris Skinner

JULY 26, 2017

Innovate Finance has just published their report on the first half of 2017, and the investments made in FinTech. Global VC FinTech investment attracts $6.5 Global VC FinTech investment attracts $6.5 Global VC FinTech investment attracts $6.5 Last year this quarter, the … The post FinTech: $6.5

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PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? As for inroads into overall credit as a whole, the BIS noted that FinTech accounted for 13 percent of volume in China, and stood at 15 percent of lending to consumers and small and mid-sized enterprises (SMEs) in the United Kingdom.

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CB Insights

MAY 24, 2023

Y Combinator ‘s Winter 2023 batch welcomed 48 fintech startups, representing nearly a fifth of the total W23 cohort. Business-to-business (B2B) fintechs were central to its strategy — in fact, 85% of the fintechs accepted in W23 cater to businesses. Want the full post? Become a CB Insights customer.

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PYMNTS

NOVEMBER 25, 2020

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Ukrainian Bank Partners With Swedish FinTech.

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CB Insights

OCTOBER 26, 2017

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Total Equity Funding ($M).

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PYMNTS

OCTOBER 26, 2017

In an interview with PYMNTS’ Karen Webster, two executives from the firm, Steve Villegas, head of FinTech sales and partnerships – who is heading up the Atlanta location – and James Booth, head of new business development , explained the lures and rationales of establishing a U.S. The company is partnering with U.S. presence.

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PYMNTS

OCTOBER 7, 2020

In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Razer Fintech, Visa Pitch New Prepaid Card to Young Adults in Singapore. MoneyGram International has extended its relationship with Walmart Inc. through March 2024.

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Bank Innovation

MARCH 19, 2018

EXCLUSIVE— Most consumers in the United States stubbornly cling to their plastic payments, even as customers in other countries — see China — increasingly embrace at a steady rate mobile and other digital forms of payment. This could be due to the fact that, as many in fintech have stated, the card infrastructure in the.Read More.

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PYMNTS

SEPTEMBER 5, 2019

Both Chipper Cash founders emigrated to the United States to study and work in Silicon Valley. Its FinTech industry is one of the most advanced in Africa, up there with Kenya and South Africa,” he said. “I Chipper Cash has more than 70,000 active users and has processed around 250,000 transactions.

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PYMNTS

DECEMBER 17, 2020

In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has officially launched in the U.S. UK FinTech GoCardless Raises $95 Million Led By Bain. UK FinTech GoCardless Raises $95 Million Led By Bain.

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PYMNTS

OCTOBER 29, 2019

Walmart and Green Dot have announced that they are going to develop a FinTech accelerator together and call it “TailFin Labs, LLC,” the companies said in a release. The new FinTech accelerator will focus on integrating omnichannel shopping with technology-enabled solutions for consumers and businesses alike. 1 of next year.

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Bank Innovation

SEPTEMBER 29, 2017

EXCLUSIVE— With P2D2 and other regulatory initiatives mandating the sharing of customer data, open banking is slowly becoming a reality in the United Kingdom and other European countries.

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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.

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PYMNTS

OCTOBER 8, 2019

In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 million through a Series B financing round that was in turn led by Ribbit Capital, based in the United States. Three months to go, more or less.

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PYMNTS

SEPTEMBER 24, 2019

JPMorgan Chase is committing $25 million to its Financial Solutions Lab in an effort to help grow and develop FinTech solutions for people in underserved communities. Recently, Chase has been adding a number of live events and interactive conversations on customers’ financial goals, called Chase Chats , to branches across the United States.

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PYMNTS

FEBRUARY 15, 2019

The Mexican government is hoping FinTechs will make sending cash home for Mexican families living abroad more affordable. That is something the FinTechs are probably in a better position to do than traditional actors such as banks,” Herrera told Reuters in a recent interview. Herrera said that needs to be brought down to 5 percent.

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Let's Talk Payments

JUNE 7, 2019

FinTech is not an exception here. We were looking at MEDICI startup database stats of new FinTech startups & their growth stories and came across many interesting cases of new players that secured good equity in order funding within one year of entering the market.

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PYMNTS

OCTOBER 29, 2019

Walmart and Green Dot have announced that they are going to develop a FinTech accelerator together and call it “TailFin Labs, LLC,” the companies said in a release. The new FinTech accelerator will focus on integrating omnichannel shopping with technology-enabled solutions for consumers and businesses alike. 1 of next year.

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Let's Talk Payments

JUNE 11, 2019

Today, the MEDICI team was discussing the progress of the FinTech ecosystem and the impact it has delivered for the communities around the world. An interesting question that came up: why doesn’t the community talk much about FinTechs that work on charity, especially crowdfunding platforms? It has raised $10 million in total funding.

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Let's Talk Payments

MAY 31, 2019

For many years, FinTech and banks were assessed from the perspective of the zero-sum game. While FinTech firms were pegged as disruptors, banks were driven to make a move towards agility or face serious market challenges driven by innovative players. million in total. million in total.

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PYMNTS

FEBRUARY 6, 2018

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

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PYMNTS

JULY 16, 2019

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. The debt funding was led by BHI, ConnectOne Bank, IDB Bank, Viola Credit and a large insurance company. “This is a significant step forward for Lendbuzz.

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Let's Talk Payments

SEPTEMBER 21, 2016

On one hand, several FinTech startups are providing solutions for specific problems and on the other, incumbents are bringing more digitization and tech-enabled. These are exciting times for financial services.

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BankInovation

NOVEMBER 13, 2023

Seventy-four of the top banks in the United States are looking to Brighterion’s Transaction Fraud Monitoring solution, owned by Mastercard, to flag transaction fraud, Amyn Dhala, chief product officer at Brighterion, said last week during a webinar presented by Fintech […]

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PYMNTS

OCTOBER 5, 2016

South African FinTech Peach Payments announced on Wednesday (Oct. One of the biggest challenges businesses in emerging economies face is that traditional online payment systems in Europe and the United States were developed in and for these markets. 5) plans to expand its business to Kenya and Nigeria.

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CB Insights

NOVEMBER 18, 2019

Globally, fintech deals rebounded slightly in Q3’19, but will likely fall short of 2018’s record. In our Q3’ 2019 report, we cover macro trends across global geographies and regions within the United States. . In our Q3’ 2019 report, we cover macro trends across global geographies and regions within the United States. .

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PYMNTS

SEPTEMBER 18, 2019

Today in the payments news roundup, Silicon Valley FinTech startup BlueVine has named Brad Brodigan as chief commercial officer. And Bill Gates isn’t in support of breaking up the biggest tech firms in the United States. Bill Gates is not in support of breaking up the largest tech companies in the United States.

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Let's Talk Payments

JUNE 3, 2017

Opportunities in various FinTech segments are known to differ. The lending business, however, appears to be among the most promising, especially in the United States, where the aggregate household debt.

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PYMNTS

JANUARY 30, 2019

In addition, Central JD Fintech is introducing the Dolfin wallet in Asia , and AMS Public Transport Holdings Limited along with AlipayHK is launching a minibus mobile payment system also in Asia. Coverage includes the roll out of a new payment solution from Canada ’s Lightspeed.

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