PYMNTS

SEPTEMBER 20, 2018

20), Ant Financial announced the launch of Ant Financial Technology, a unit designed “to support the growth of financial institutions by improving user experience and lowering cost.” The brand was announced at the 2018 Ant Technology Exploration Conference. In a press release issued Thursday (Sept.

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Branding Technology User Experience blockchain 174

South State Correspondent

MAY 15, 2019

Last week, Finovate Spring 2019 took place in San Francisco in which over 270 banks watched more than 60 companies each have seven minutes to impress you with a demo of their technology. In this article, we recap the trends and highlight some companies that should be worth consideration by all banks.

San Francisco 271

San Francisco Financial Technology Trends Technology 271

Bank Innovation

AUGUST 17, 2017

Tencent Holdings will be increasing its investments in financial technologies like artificial technologies and in payments, the company stated during its earnings call yesterday. The decision to enhance these types of investments comes after the company reported a record net income of about $2.7

Payments 255

Payments Financial Technology Technology Report 255

Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York.

San Francisco 267

San Francisco New York Fintech Regional 267

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. INV, […].

Fintech 259

Fintech United States Financial Technology Technology 259

Bank Innovation

APRIL 7, 2020

billion deal to acquire Galileo, a financial services API and payments platform that powers big names like Chime and Robinhood. Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […].

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

PYMNTS

JULY 26, 2020

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. Its global database completes updates to 25 million accounts daily, worth more than $700 billion in trade accounts receivable data, the company said. The price was not disclosed.

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Data Company Pennsylvania Atlanta 167

Bank Innovation

JANUARY 17, 2018

London bank Standard Chartered has created an investment unit for financial technologies and innovation, the bank reported today. The bank’s current fintech investments include companies such as […].

Fintech 249

Fintech Financial Technology Innovation Report 249

PYMNTS

JUNE 25, 2020

the British financial technology company headquartered in London, has added American Express to its open banking platform. As a result, customers had limited access to account information since the only way to view it was by accessing multiple websites or apps, the company said. Revolut Ltd.,

Fintech 309

Fintech Financial Technology Software Company 309

PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

Technology 134

Technology Comparison Security Customer Experience 134

Bank Innovation

SEPTEMBER 26, 2019

Bank Innovation believes this will be the greatest number of APIs offered by one financial technology company. LONDON — Finastra has designs to double the number of APIs it offers to 120.

Financial Technology 231

Financial Technology Innovation Technology Marketing 231

PYMNTS

OCTOBER 6, 2020

Co-Founder and Partner Dana Settle said the firm plans to keep investing in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses, Bloomberg reported. IPOs had fallen after the initial onset of the pandemic.

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Los Angeles New York Financial Technology Trends 294

PYMNTS

FEBRUARY 21, 2019

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A A firm that offers financial technology is not necessarily a FinTech,” said Provenir Managing Director Paul Thomas, who thinks the distinction between the two needs to be clearer.

Fintech 189

Fintech Financial Technology Technology Industry 189

Bank Innovation

AUGUST 27, 2018

In the second quarter alone, funding for financial technology companies around the world reached $20.3 Right now, venture capital firms, banks, and investors are pouring funds into companies Artifical Intelligence, the clear flavor of the year. Fintech funding this year has been on the rise. billion in nearly 400 deals.

Capital 210

Capital Financial Technology Fintech Technology 210

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

Bank Innovation

JULY 26, 2019

Dave Girouard, CEO and founder of Upstart, testified before Congress’ Task Force on Financial Technology for its hearing on the use of alternative data in loan underwriting and credit scoring. In 2012, he founded Upstart, a company […].

Google 210

Google Financial Technology Data Technology 210

Bobsguide

MAY 26, 2022

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.

Technology 148

Technology Management Innovation User Experience 148

PYMNTS

JUNE 23, 2020

The 50-year-old executive faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers, the Financial Times reported. The company has nearly 6,000 employees in 26 countries worldwide.

Fraud 318

Fraud Analytics Report Financial Technology 318

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The service, offered by a network of banks in the Nordics, has been adopted by more than 10,000 registered businesses, the FinTech company said.

Fintech 248

Fintech Cards Management Regional 248

PYMNTS

SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms. ACI is a payment-systems company headquartered in Naples, Fla.

Payments 248

Payments System cryptocurrency Regional 248

PYMNTS

FEBRUARY 14, 2020

STC Pay, a digital wallet that is part of the Saudi Telecom Company, has teamed up with payments company Moven Enterprise to launch a new challenger bank in the country, according to reports. STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency.

Regional 222

Regional Google Financial Technology Capital 222

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. Tech companies are accused of using them to get around paying higher corporate taxes.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

JULY 1, 2020

PEPSI promises to rival not only the two credit card giants, but also other financial technology companies including Google , Apple , Alipay and WeChat Pay. . The launch, first reported by Les Échos, is expected to be revealed by the 24 banks as early as Thursday (July 2). .

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System Payments Cards Groups 327

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task.

Technology 123

Technology Regional Community Bank Community 123

Chris Skinner

FEBRUARY 21, 2017

At university I started a company that went onto Y Combinator in 2007, but I had to leave at that time. And it gave me this grounding in how money works, how FinTech, financial technology works, and sort of, how money moves around the world…I worked for a dating website for a year, after I left GoCardless, which was amazing fun.

Study 283

Study Training Fintech Digital Banking 283

PYMNTS

JANUARY 26, 2020

As SoftBank’s Latin America fund is one of the leading technology investors in the world, the equity infusion will give AlphaCredit the opportunity to “consolidate its place as one of the leading financial technology platforms” in the region, a press release says. It has utilized a number of services including AXS Access, Check!,

Fintech 247

Fintech America Capital Regional 247

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). USD) a year into financial technology companies. has been a hotbed of FinTech startups.

Guidelines 192

Guidelines Fintech Retail Financial Technology 192

PYMNTS

JUNE 23, 2020

Money transfer company MoneyGram International Inc. GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. has partnered with Global Money Express Co.

Fintech 250

Fintech Dallas Financial Technology Report 250

PYMNTS

NOVEMBER 17, 2020

Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company.

San Francisco 264

San Francisco Digital Banking Financial Technology Innovation 264

PYMNTS

JUNE 26, 2020

Mastercard and Visa are considering ending their agreements with Wirecard to process payments on their networks as the German financial technology company’s accounting scandal unravels, Bloomberg reported. Created by Vocalink, a Mastercard company, it allows debit payments for goods and services.

Risk Management 254

Risk Management Fraud System Report 254

PYMNTS

MARCH 6, 2020

Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems. About the Tracker.

Payments 304

Payments New York Metro New York City 304

Bank Innovation

AUGUST 14, 2019

When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders. European fintech companies raised $3.3 billion valuation. billion in venture capital in the first […].

Fintech 170

Fintech Financial Technology Capital Online 170

Bank Innovation

AUGUST 1, 2018

Zelle made a difference to the bottom line of financial technology provider Fiserv, the company reported on its earnings call yesterday. It was also noted that several banks — Fiserv serves some 13,000 financial institutions — saw a boost in transactions due […].

Financial Technology 170

Financial Technology Technology Report Company 170

PYMNTS

AUGUST 11, 2020

The company posted a total loss of $139.6 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. million (£106.5 million) in 2019 — up from £32.9

San Francisco 239

San Francisco Fintech Digital Banking California 239

PYMNTS

MARCH 7, 2019

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Ant noted DCBP is the first co-developer service in its technology product portfolio.

Technology 198

Technology Financial Technology Management Capital 198

PYMNTS

MARCH 23, 2017

The European Commission is hoping to consult with the public concerning the growing market of financial technology as the agency looks to manage policies in the sector. Last year, the commission setup its financial technology task force in response to the effects of digital innovations changing the banking industry.

Fintech 187

Fintech Policies Innovation Financial Technology 187

PYMNTS

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. The company said that the move was an effort to promote more “rational” spending habits among users, Reuters reported. The company did not elaborate. Ant is the financial arm of Alibaba, which could be the world’s biggest eCommerce company.

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Groups Cards Regulation Fintech 242