Bank Innovation

MARCH 1, 2019

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

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Bank Innovation

FEBRUARY 8, 2019

Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking on a breakout year for the bank-backed P2P payment service Zelle.

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Financial Technology Data Payments Technology 170

PYMNTS

AUGUST 11, 2020

million in 2018 — according to CNBC. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The company’s revenues actually tripled last year, increasing 180 percent to £162.7 ($213 million) from 2018. The company posted a total loss of $139.6 million (£106.5

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San Francisco Fintech Digital Banking California 239

PYMNTS

FEBRUARY 14, 2020

STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency. Its digital wallet was introduced in October of 2018, enabling users to do things like pay bills, send money internationally and share or transfer money with people they know.

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Regional Google Financial Technology Capital 222

PYMNTS

JANUARY 29, 2019

Financial technology startups were able to raise $39.57 What’s more, a $14 billion investment in Ant Financial represented 35 percent of the total funding in 2018. Ant Financial is the payment affiliate of Alibaba, the Chinese eCommerce giant. billion in funding in 2018, setting a new record.

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Fintech Capital Report Financial Technology 184

PYMNTS

MARCH 17, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. However, while the technology is fine, the financial services (FinServ) offerings concern the president of Chinese financial investment platform Phoenix Finance.

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Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. IBM keynote.

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PYMNTS

JUNE 15, 2020

To offer businesses a simple way for supervising expenditures, digital financial technology firm Wirecard is teaming with Payhawk to roll out a new Visa card, according to an announcement. Payhawk, which was started in 2018, triumphed at the Paris FinTech Forum’s Startup Challenge last year, according to the announcement.

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Cards Fintech Maine Management 207

PYMNTS

APRIL 30, 2020

Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. trillion relief package into taxpayer bank accounts who filed their 2018 or 2019 taxes electronically. The CARES Act provided Americans to receive $1,200 or $2,400 payments, and $500 per dependent.

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South Dakota Cards Wisconsin Payments 186

PYMNTS

JANUARY 17, 2019

Financial technology services company WEX is going to acquire Discovery Benefits (DBI) , an employee benefits administrator, the company announced on Thursday (Jan. When the two companies combine, DBI, known for its benefits account technology, will get WEX’s cloud-based platform.

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PYMNTS

NOVEMBER 17, 2020

Embedded finance, the release noted, refers to the integration of financial service technologies with other provider solutions. Traditional banking isn't built to serve small businesses, and financial technology is quickly filling that gap,” he said, according to the release. Embedded finance solves this on both sides.".

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PYMNTS

JULY 10, 2018

Coming up on the half mark in 2018, total fundraising on the continent has hit $168.6 Financial technology seems to be leading the startup charge, representing 40 percent of the largest 10 deals of the year so far, collectively worth $100 million. million — already ahead of 2017’s full-year take of $167.7 So why the boom?

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Lending ATM Online Course 100

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NOVEMBER 10, 2020

New technologies such as stablecoins — privately-issued digital currencies — could transform the way people store and exchange their money, making payments cheaper and faster,” the release stated. Peirce defended the slow pace for many securities regulations, but not when they limit new technologies from being used.

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cryptocurrency Regulation Bitcoin Colorado 167

William Mills

SEPTEMBER 25, 2018

William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018. He has more than 34 years of experience in financial technology and is a recognized leader in financial and technology marketing. Tweet #Finovate.

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Mobile Customer Experience Lending Analytics 79

The Banker Technology

AUGUST 7, 2018

The Banker ’s Tech Projects Awards 2018 recognise the most innovative, imaginative and successful projects in financial technology from around the world. This year’s submissions were impressive examples of how the industry is responding to changing customer needs, as well as empowering staff to better serve customers.

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Financial Technology Examples Innovation Industry 53

PYMNTS

APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. In the first quarter of 2018 venture funding going toward FinTechs stood at $6.2

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Fintech Millennials Regional Financial Technology 176

PYMNTS

MARCH 5, 2019

The system would involve users paying for online purchases using QR codes, and it would be the first time Amazon offered the technology in the country. The system is called CoDi, and its goal is to bring more people into the financial sector. percent of retail sales in Mexico were made online in 2018.

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System Mobile Report Payments 173

Insights on Business

DECEMBER 27, 2017

While we have separately covered what we think will be the main trends in FinTech for 2018, here’s a selection our more popular posts from 2017. You would be hard-pressed to find tech industry jargon spoken and written about as much as the secure ledger technology known as blockchain. Banking on blockchain for increased trust”.

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Fintech blockchain Fraud United States 129

PYMNTS

APRIL 1, 2020

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features.

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United States Innovation Online Tools 181

PYMNTS

DECEMBER 6, 2018

Financial technology providers are partnering up to offer expanded mPOS capabilities to merchants, which are looking for tools to avoid long checkout lines. billion: The total value of payments processed by Clover mPOS solutions in Q3 2018. In addition, tens of billions of dollars in the U.S.

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Data Millennials Financial Technology Online 116

PYMNTS

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month.

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PYMNTS

JANUARY 21, 2019

One of the more recent examples comes from London-based financial technology startup Revolut , which is reportedly “the first London-based FinTech to receive a European banking license.” For example, in 2018, U.K. That uncertainty comes at a time when FinTech and banking apps are getting stickier.

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Trends Payments Fintech Mobile 185

PYMNTS

MAY 28, 2019

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. billion – of funds were lost to card fraud in 2018, up from $1.4 Just under $3 billion – or $2.7 billion in 2017.

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Apple Mobile Fraud Branding 159

William Mills

SEPTEMBER 24, 2018

Welcome to FinovateFall 2018. William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018. He has more than 34 years of experience in financial technology and is a recognized leader in financial and technology marketing. finovate Tweets.

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Marketing Strategies Conference Branding Fintech 45

PYMNTS

JUNE 4, 2018

Bank of America and Harvard University have collaborated on a new initiative designed to make the complex technologies behind artificial intelligence (AI) and machine learning (ML) more universally beneficial and accessible to the global workforce. A huge piece of this is my own workforce here at Bank of America.

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America Training Technology Industry 161

PYMNTS

JANUARY 21, 2019

DBI) , an employee benefits administrator, by financial technology services company WEX. In 2018 alone, the company generated $100 million in revenue. Earlier in January, WEX announced a partnership with voice technology company AI.io to launch Halo Travel, a travel chatbot powered by Priceline Partner Network.

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Innovation Trends Technology Operations 167

PYMNTS

AUGUST 12, 2019

FIS provides core banking and financial services technology for some 20,000 clients in 130 countries. Financial services and commerce, after all, used to function around those plastic payment cards carried by consumers. It sometimes requires working with other financial technology companies.”. Commerce Trends.

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Payments Fintech US Innovation 188

PYMNTS

MAY 3, 2019

Only through continued collaboration and fundamental research will it be possible for this technology to mature and for policy-makers to fully understand its potential,” Scott Hendry, Bank of Canada senior special director of financial technology, said in a press release about Jasper-Ubin project3.

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PYMNTS

JANUARY 17, 2019

Marcus grabbed some of the initial headlines in the wake of Wednesday’s earnings call, but beyond the consumer, observers got a glimpse of how the company views financial technology in the service of corporate clients. billion, which grew 11 percent year on year.

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Strategy Fintech US Management 185

PYMNTS

FEBRUARY 21, 2019

Financial technology firm Green Dot , which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 million in net income for the fourth quarter of 2018.

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Taxes User Experience Cards Operations 188

PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. OneConnect is the financial arm for Ping An Insurance, the largest insurer in China.

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Bitcoin blockchain social media Fintech 144

PYMNTS

JULY 3, 2018

Here is a quick survey of the world of payments, commerce, financial services and financial technology at the mid-point of 2018. Everyone is trying to get on board with what’s next, but, of course, there is no single, easy answer for anyone.

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United States America Fintech Survey 109

PYMNTS

APRIL 6, 2020

The new funding follows a $215 million investment in 2018. This fresh round of investment is a testament to Voyager’s success in providing Filipinos with access to convenient, relevant and inclusive digital financial services through PayMaya,” the five investors said in a joint statement.

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Payments Innovation Branding Fintech 136

PYMNTS

NOVEMBER 2, 2020

Last month, in a speech at the Bund Summit in Shanghai, Ma criticized Chinese regulators for excessive oversight of banking and financial technology, according to the FT. Ant's third funding round in 2018 raised $10.3 Ant’s IPO in Shanghai and Hong Kong is expected to be the world’s biggest. billion from foreign investors.

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Groups Regulation Financial Technology Report 131

PYMNTS

JANUARY 21, 2020

In 2018, Qonto was awarded a payment institution license, developing its own banking apparatus from there. Compliance startup Chainalysis landed $30 million in a funding round, and Open Financial Technologies raised $4.6 It also plans to hire more employees with the capital. million.

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Capital Digital Banking Compliance Mobile 131

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. The country ended 2018 on a high note, with startups receiving a combined $10.5 Tencent also operates WeChat, the wildly popular messaging app.

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Fintech Capital Online Financial Technology 123

PYMNTS

OCTOBER 30, 2018

Adjaoute told Webster that advancement is still a ways off in terms of replacing humans with AI, but harnessing Smart-Agents technology allows financial institutions (FIs) to get a 360-degree view of the consumer and their activities to make sure they are both secure and well-served. Things are getting there, it seems. The security?

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Technology Maine Apple Data 161