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Announcing Artificial Intelligence (AI) week on Daily Fintech

Bank Innovation

Clarke wrote about geostationary satellites in 1945 and it became reality 20 years later, but Clarke’s work was more grounded in science than the Kubrick classic 2001 featuring the Hal AI computer. It is… Read more Announcing Artificial Intelligence (AI) week on Daily Fintech.

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Searching for the Priceline of Fintech after Lending Market Meltdown Week

Bank Innovation

You could have bought Priceline stock below $10 in 2001. For many years you had little to show for it. From then until 2008, you had some appreciation, but not much. Then the stock shot up above $1,000 (as of writing it is $1,261). Yes that is 100x return from Read More.

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Unifiedpost Unveils Acquisitions To Build European B2B Platform

PYMNTS

European FinTech company Unifiedpost Group has unveiled the acquisitions of BanqUP, AKTI and 21 Grams. Unifiedpost Group has grown significantly as of its 2001 founding to include offices in 15 nations across Europe, according to the announcement. 23) announcement.

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PingPong To Enter Europe Via $113M Investment

PYMNTS

According to a report , the Chinese startup PingPong, a FinTech company, will invest €100 million ($113 million) in Luxembourg. PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe.

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Elavon Spends $300M For Sage Pay

PYMNTS

Elavon was acquired by US Bancorp in 2001 for $2.1 Last year , the Bank of England (BoE) revamped its payments system and was expected to connect with FinTech firms using distributed ledger technology (DLT). The company had more recently been focused on accounting, people and payroll software. billion and is active in 10 countries.

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena.

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Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking

PYMNTS

the FinTech software company, announced Wednesday (Sept. Founded in Silicon Valley in 2001, Volante serves more than 90 financial institutions in 35 countries. Partners like Volante can help banks compete head-to-head with FinTechs and challenger banks, not to mention Apple, Google and other tech firms branching into banking.”.

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