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.

Fintech 259

Fintech United States Financial Technology Technology 259

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JANUARY 26, 2020

AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. But AlphaCredit CEOs and co-founders José Luis Orozco and Augusto Álvarez were happy about the opportunity, saying it would give them the chance to keep providing cutting-edge technology for fast, easy and flexible service.

Fintech 247

Fintech America Capital Regional 247

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 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. Cross River provides services and solutions for leading FinTech companies. A large portion of the money — $75 million — was from KKR, a global investment firm.

Financial Technology 128

Financial Technology Company Technology Fintech 128

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 171

Fintech Lending Software Compliance 171

PYMNTS

JANUARY 30, 2019

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan. In a press release issued on Tuesday (Jan.

Analytics 144

Analytics Lending Tools Community Bank 144

PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. sought external financing in 2016 , suggesting these firms simply aren’t interested in lending technologies or accessing, for instance, a loan from an alternative finance provider.

Financial Technology 127

Financial Technology Technology social media Taxes 127

CFPB Monitor

MARCH 14, 2023

The Government Accountability Office (GAO) has issued a new report entitled “Financial Technology: Products Have Benefits and Risks to Underserved Consumers, and Regulatory Clarity Is Needed.” Continue Reading

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Fintech Report Financial Technology Lending 145

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

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. Despite lending £6.7

Fintech 144

Fintech Lending Regional Regulation 144

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150

PYMNTS

AUGUST 4, 2020

Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. Paya is set to merge with FinTech Acquisition Corp. The deal is part of the move toward market consolidation for FinTechs. The deal values Paya at about $1.3 ” Betsy Z.

Fintech 159

Fintech Software Lending Financial Technology 159

PYMNTS

DECEMBER 17, 2018

A financial technology company called B-Social has raised £3.2 The FinTech is aiming for a bigger U.K. We recognise that almost all financial transactions are inherently social,” B-Social CEO Nazim Valimahomed said. “We million ($4 million) in funding from undisclosed but high net-worth entities, according to reports.

Fintech 176

Fintech Groups Lending Financial Technology 176

Bank Innovation

APRIL 22, 2017

Tom Glocer’s 10 surefire wins in fintech* [link] … By Jeff Joseph | April 15, 2017 How many investments in financial technology has your family office, Angelic Ventures, made? What is your primary investment thesis driving your commitment to fintech?Through

Lending 170

Lending Financial Technology Fintech Technology 170

PYMNTS

JANUARY 17, 2019

Goldman Sachs as FinTech player? 16) that growth in Marcus continues apace, and that the online lending and savings offering had logged $35 billion in deposits last year, with growth logged dually in the U.S. Add to that the announcement that Capify, an alternative lending provider focused on small businesses in Australia and the U.K.,

Strategy 185

Strategy Fintech US Management 185

PYMNTS

FEBRUARY 14, 2018

An alternative lending conglomerate based in the U.K. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. just secured more than $97 million through an initial public offering.

Lending 122

Lending Capital Groups Financial Technology 122

Bank Innovation

APRIL 7, 2020

In a year of major fintech acquisitions, SoFi today announced a $1.2 billion deal to acquire Galileo, a financial services API and payments platform that powers big names like Chime and Robinhood.

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

MARCH 6, 2020

The fund will set its sights on FinTechs and financial organizations in Africa, Latin America, India and Southeast Asia. Over the past year, the Accion Quona Inclusion Fund has seen nine investments, which include digital commerce company Ula, digital consumer lending company JULO, end-to-end insurance company Sunday and others.

Capital 141

Capital Fintech Meeting Washington 141

PYMNTS

SEPTEMBER 14, 2016

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending.

Lending 100

Lending Regulation Conference Study 100

Bank Innovation

JANUARY 17, 2019

regulators have taken a greater interest over the last year in technology startups promising to reinvent finance. This newfound attention is compelling the biggest names in fintech to prioritize a part of their business that’s often ignored.

Regulation 150

Regulation Fintech Compliance Financial Technology 150

Insights on Business

FEBRUARY 19, 2016

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. What can banks learn from the FinTechs?

Fintech 132

Fintech Video Lending Industry 132

Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Some even say that blockchain will be the most influential FinTech technology of 2018.

Fintech 129

Fintech blockchain Fraud United States 129

BankInovation

NOVEMBER 3, 2021

With new research finding racial disparities in small business lending, one fintech is examining how artificial intelligence (AI) and automation can help improve fairness and reduce inefficiency that may be present in traditional lending processes.

Lending 97

Lending Financial Technology Strategy Groups 97

PYMNTS

JANUARY 18, 2017

Misys is offering banking clients access to its P2P lending software, reports said Tuesday (Jan. The financial technology firm revealed it will offer banks access to its peer-to-peer lending technology to help banks compete with younger alternative lenders in the industry.

Lending 100

Lending Software Online Financial Technology 100

Bank Innovation

DECEMBER 24, 2019

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

Financial Technology 332

Financial Technology Technology Innovation Strategies Apple 332

Bank Innovation

MAY 14, 2018

Most veterans of the financial technology space can confess to some cynicism about new technology and products. Consumers, especially those with genuine day-to-day financial struggles, don't seem to see much improvement. We're all still waiting for blockchain and mobile payments to transform the financial system.

Fintech 170

Fintech blockchain Financial Technology US 170

PYMNTS

APRIL 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. Both categories stand to gain from automated financial technologies. Easing The PPP Loan Burden.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending.

Strategy 190

Strategy Report Lending Fintech 190

Bank Innovation

AUGUST 27, 2018

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

Capital 210

Capital Financial Technology Fintech Technology 210

PYMNTS

JANUARY 30, 2017

Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. The fund invested in a slew of FinTech startups, including Lending Club, SigFig and Orchard. By providing financial technology knowledge to early-stage companies, we are able to offer a unique and much-needed service.

Fintech 100

Fintech Capital Lending Innovation 100

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.

Fintech 170

Fintech Financial Technology Technology Operations 170

CFPB Monitor

MAY 13, 2019

Last week, the House Financial Services Committee established two task forces , one on financial technology and the other on artificial intelligence. The “Task Force on Financial Technology” will examine the current legal framework for fintech, how fintech is used in lending, and how consumers engage with fintech.

Financial Technology 68

Financial Technology Technology Fintech Lending 68

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

Bank Innovation

APRIL 29, 2019

BNY Mellon's three key financial technology executives added last month were given the directive to pursue investments and fintech partnerships in natural language processing, rule-based automation systems and robotic process automation (RPA), Bank Innovation has learned. The initiatives had previously not been disclosed.

Technology 199

Technology Financial Technology Innovation Fintech 199