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US Inches Toward Open Banking With CFPB Notice

PYMNTS

The solution, which secured about 20,000 SMBs to pilot the technology in the last year, provides deposit account and payment solutions that aim to compete with traditional banks that, as CEO and Co-founder Eyal Lifshitz described, "nickel-and-dime" businesses. First Horizon Bank Adopts NCR Technology.

US 203
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Fifth Third Bank: Business Cash Flow Pains Are Driving Instant Payments Uptake

PYMNTS

The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Using digital push payments can also help add security to B2B transactions, thanks to the cybersecurity measures that can be grafted into these processes.

Payments 257
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eSports Roundup: Epic Raises Prize Money To $20 Million; Simplicity Moves Toward IPO

PYMNTS

As Epic raises its prize-winning stakes, other gaming companies are actively increasing the cash-raising stakes with investors, as two major companies made separate announcements this week concerning their publicly traded securities. The Academic Angle.

Tennessee 136
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D3 Digital Banking Platform Goes Live at First Tennessee Bank

Fintech Labs Insights

The largest Tennessee-based bank, First Tennessee Bank, has gone live with a digital banking platform from D3 Banking. The deployment will provide a personalized banking experience for almost half a million digital customers while lowering costs for First Tennessee Bank.

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The United States Of Startups: The Most Well-Funded Tech Startup In Every US State

CB Insights

Using the CB Insights database, we identified the most-well funded VC-backed technology startups by state based on disclosed equity funding. The others include: Vox Media , Magic Leap , GreenSky , Avant , DraftKings , Duo Security , Infor , AvidXChange , and Domo. Tilson Technology Management. Tenable Network Security.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

In a handful of states, including Tennessee and South Carolina, lottery tickets may only be bought with cash.” Even so, companies are trying to get younger consumers to play the lottery, and using mobile technology to make those sales. “In Connecticut, for example, you cannot buy tickets with a credit card. Younger Lotto Players.

Ohio 103
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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.