2016 Financial Technology Innovation 
PYMNTS
DECEMBER 6, 2018
Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. The current funding round follows a late 2016 round that raised $28 million. A large portion of the money — $75 million — was from KKR, a global investment firm.
PYMNTS
MARCH 13, 2017
Only 13 percent say they’re willing to jump on the innovation bandwagon. Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 37 percent of SMEs in the U.K.
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Bank Innovation
SEPTEMBER 16, 2016
Toronto-based D+H, which provides financial technology to many of the world’s largest banks, has joined Bank Innovation Israel as a sponsor. D+H’s history in the financial services industry spans nearly 150 years, and the company generates more than $1.5 billion in annual revenue.
CFPB Monitor
MAY 18, 2016
In his April 2016 appearance before the Senate Banking Committee, Director Cordray made clear that FinTech companies are on the CFPB’s radar screen. On June 23, 2016, the OCC will hold a forum in Washington, D.C. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.
CFPB Monitor
SEPTEMBER 29, 2016
on November 14, 2016 to discuss financial technology innovation in the financial services industry. The Securities and Exchange Commission has announced that it will host a public forum in Washington, D.C.
Bank Innovation
APRIL 14, 2017
Over the past two years, the transaction volume in the financial technology and information technology sectors remained relatively flat. According to the investment bank Berkery Noyes, there were 870 financial technology and information industry M&A transactions from the beginning of 2015 through to the end of 2016.
CFPB Monitor
JANUARY 3, 2019
Our guest for this week’s podcast is Paul Watkins, Director of the CFPB’s Office of Innovation. The Office has taken over the Bureau’s work that was formerly done under Project Catalyst, the initiative launched by the CFPB in 2012 for facilitating innovation in consumer financial products and services.
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