Gonzobanker

DECEMBER 4, 2019

Recent acquisitions illustrate how data is driving fintech valuations. Fintech deals continue to dominate the financial service headlines, and a growing number of these transactions are in analytics. Precision Lender reports 150 clients, and Cornerstone sees them mostly in commercial banks. nCino recently announced.

Analytics 86

Analytics Lending Fintech Leadership 86

BankInovation

DECEMBER 12, 2022

FinTech startups have brought a new level of innovation to core banking functions such as payments and lending, to name just two areas. The rapid growth in digital banking (and the success of the upstart companies offering these services) have left established banks […].

Digital Banking 98

Digital Banking Lending Innovation Fintech 98

PYMNTS

NOVEMBER 17, 2020

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes. Allied Irish Bank Embraces LendScape Receivables Finance.

Fintech 247

Fintech Alabama Lending Software 247

PYMNTS

MAY 22, 2020

From competitors to collaborators, the FinTech boom introduced a field of opportunity for traditional financial institutions to team up with an industry newcomer to become more agile and modern with their own product offerings. On the other hand,” he added, “the pandemic doesn’t just spare FinTechs. Financing Burdens.

Fintech 261

Fintech Lending Tools Risk Management 261

Bank Innovation

DECEMBER 19, 2019

Small business lending company OnDeck is expanding its ecosystem of products. Through its application for a bank charter, the company wants to become a full-service digital bank for small businesses it says are overlooked by traditional banks.

Community 360

Community Lending Innovation Digital Banking 360

PYMNTS

NOVEMBER 24, 2020

South African digital identity firm Entersekt is partnering with African FinTech Cellulant to bring enhanced cybersecurity to mobile banking and digital payments. . Our clients trust us to not only be constantly innovating around digital banking and payments, but also to guarantee safety and security.

Digital Banking 145

Digital Banking Security User Experience Fraud 145

PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Airwallex Taps Deutsche Bank.

Fintech 277

Fintech Cards Technology Samsung 277

Bobsguide

MAY 19, 2017

Undoubtedly the financial services industry is significantly affected by the fintech evolution. Alternative finance firms, digital and challenger banks, P2P lending platforms, as well as traditional banks, adopt new technologies in order to better serve their clients. In a number of research.

Fintech 151

Fintech Trends Digital Banking Lending 151

PYMNTS

FEBRUARY 18, 2020

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. This is the first time a FinTech has purchased an actual bank. billion in assets.

Fintech 242

Fintech FDIC Boston Lending 242

PYMNTS

OCTOBER 8, 2020

Berlin's Mambu is partnering with New Zealand digital lending platform Ranqx , which will use Mambu's API-first digital banking platform to provide digital lending experiences, loan origination, decisioning and monitoring for small- to medium-sized businesses (SMBs), according to a press release.

Lending 141

Lending Customer Experience Digital Banking Innovation 141

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 199

Fintech Los Angeles Lending Analytics 199

PYMNTS

NOVEMBER 9, 2020

FinTech Tide withdrew from the program citing inadequate funding, according to a report in The Guardian. . The FinTech lender Tide is scrambling to secure the funding necessary to offer BBL top-ups to its customers. Lending decisions under the bounce-back loan scheme are fully delegated to the accredited lenders.

Fintech 177

Fintech Lending Digital Banking Capital 177

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

Fintech 196

Fintech Lending Community Payments 196

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

JANUARY 7, 2020

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. ” The Monetary Authority of Singapore determined last year that it would issue up to five virtual banking licenses to enhance competition and innovation. Winners will be announced in mid-2020.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality.

Fintech 258

Fintech Lending Software Security 258

PYMNTS

JANUARY 13, 2021

“I was surprised by the opportunity of monetization in 2020 during the pandemic, not just by our wealth accounts but also by lending.”. Paytm offers a wide array of digital products throughout India, including a merchant payment platform, money transfers, and bill payments.

Digital Banking 156

Digital Banking Conference Lending Payments 156

PYMNTS

AUGUST 4, 2020

Where once the marquee names in tech (and no shortage of FinTechs) jockeyed for primary banking services relationships, an increasing number of partnerships are now taking shape. To that end, BBVA was one of six banks that said on Monday (Aug. According to Khwaja, the digital shift is here to stay.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

SEPTEMBER 30, 2020

The FinTech Capify has pulled in an additional $10 million in an equity round of funding and is banking on continued support from the Goldman Sachs Merchant Banking Division for its lending platform, which is geared to small to medium-sized businesses (SMBs). and Australia seeking “to sustain or grow their business.”

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

APRIL 24, 2020

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. however, funding for FinTechs actually increased to $3.7 B2B FinTech investments appear to be relatively strong, too. As an FDIC insured bank in the U.S.,

Fintech 193

Fintech Capital Security Digital Banking 193

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

DECEMBER 27, 2019

With the possible exception of FinTechs that stand to gain from customer defections and perhaps some legacy banking competitors, no one is rooting against the CUs. That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

MAY 21, 2020

Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). Built on the bank-FinTech collaborative model, startup Treasury Prime recently announced a $9 million Series A funding round for its API technology.

Fintech 173

Fintech Compliance Risk Management Lending 173

Bobsguide

MAY 18, 2022

CompatibL, a leading provider of risk management solutions and professional services for the financial industry, has been named the winner of the Best Risk Management Platform Award in the sixth annual FinTech Breakthrough Awards program for its innovative CompatibL Cloud Platform. About the FinTech Breakthrough Awards.

Fintech 147

Fintech Risk Management Analytics Software 147

Bank Innovation

MAY 29, 2018

A lot happened in the digital banking world this month, from major events in the payments worlds like PayPal acquiring iZettle for $2.2 Here are some of the important trends that Bank Innovation pulled out of the fintech chatter […].

Trends 246

Trends Fintech Innovation Digital Banking 246

PYMNTS

OCTOBER 4, 2019

Vista Equity Partners is reportedly thinking about selling a stake in London-based FinTech Finastra. FinTechs in Europe have been experiencing a rise in value as many investors look for alternatives to run-of-the-mill, brick-and-mortar banks. Vista could be looking to sell as much as 50 percent of the company. based customers.

Fintech 197

Fintech Community Bank Community Lending 197

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. The Open Banking Trajectory.

Lending 152

Lending Community Bank US Community 152

PYMNTS

SEPTEMBER 2, 2019

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

Fintech 193

Fintech Bitcoin cryptocurrency Lending 193

PYMNTS

JUNE 19, 2019

The Financial Times said on Tuesday (June 18) that RBS picked Marieke Flament, Circle ‘s CMO and European managing director, to serve as CEO of the digital bank, Mettle. lender to launch a separate digital bank, reports noted, with plans to debut the Mettle app in August. RBS is the first top U.K. ”

Digital Banking 122

Digital Banking Operations Lending Report 122

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Marketplace lending. Digital banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Chris Skinner

JULY 21, 2017

The problem is that old systems and legacy technologies stop the bank moving forward into the nimble and agile future on offer today, and this is exactly what FinTech start-ups believe they can exploit as it is clearly a weakness for the large banks.

Fintech 361

Fintech System Technology Apple 361

PYMNTS

JANUARY 8, 2021

B2B FinTech startups have stepped into 2021 with a bang, as industry players raised more than $910 million in combined funding. Backers zeroed-in on a range of industries, including SMB banking and lending. With plans to launch a new small business lending bank in the U.K., Zerone Microsystems Private Limited.

Fintech 203

Fintech Capital Lending Operations 203

Gonzobanker

MARCH 23, 2022

I didn’t find a lot to do in the lounge other than viewing a wall touting the bank’s blockchain accomplishments and watching a video of Chase’s eCommerce and Fintech Forum from June 2021. It would be easy to write this off as a useless initiative from a bank that can afford to spend $12 billion on technology.

Lending 103

Lending Fintech blockchain Video 103

PYMNTS

APRIL 16, 2020

FinTech companies have dramatically expanded the reach of traditional lenders, the paper wrote. It didn’t help that the SBA’s online loan platform couldn’t handle the lending software the companies used. The inclusion of such firms in the SBA loan initiative came amid crushing demand that exhausted the funds in less than a week.

Fintech 160

Fintech Lending Software Training 160

BankInovation

OCTOBER 1, 2020

households unbanked or underbanked according to data from the FDIC, fintechs have long promised better financial access, whether through online lending that looks beyond traditional credit underwriting or digital banking startups with fewer fees. With more than one-quarter of U.S.

Fintech 98

Fintech FDIC US Lending 98

BankInovation

OCTOBER 1, 2020

households unbanked or underbanked according to data from the FDIC, fintechs have long promised better financial access, whether through online lending that looks beyond traditional credit underwriting or digital banking startups with fewer fees. With more than one-quarter of U.S.

Fintech 98

Fintech FDIC US Lending 98