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

Bank Innovation

MARCH 23, 2020

Financial-technology firms including PayPal Holdings Inc. are lining up to help speed lending to small businesses during the coronavirus crisis — and are pushing for a slice of emergency U.S. government funding. and to permit the firms to […].

US 259

US Fintech Lending Capital 259

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

Chris Skinner

MAY 10, 2017

It shows how important FinTech is when major financial centres vie for focus. London has been leading the charge to be the FinTech capital of the world, but many other cities are nipping at their toes. So I was intrigued to see Hong Kong issue their FinTech strategy today. Does this matter?

Strategy 271

Strategy Fintech Regional Technology 271

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. Some call them legacy, others call them handcuffs, but whatever they are is a problem.

Fintech 361

Fintech System Technology Apple 361

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

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

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

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

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

Bank Innovation

JANUARY 10, 2018

EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts. The feature allows the […].

Atlanta 305

Atlanta Fintech Financial Technology Technology 305

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

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

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

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

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

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

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

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

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

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

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

Lending 60

Lending Fintech California Survey 60

The Paypers

OCTOBER 25, 2022

Klarna Kosma , Klarna's financial technology platform for banks, fintechs and retailers, has announced its partnership with Krea, a Swedish digital loans platform for SMEs.

Fintech 36

Fintech Lending Financial Technology Retail 36

Bobsguide

SEPTEMBER 22, 2022

Finastra named a top global provider in IDC FinTech Rankings. IDC’s prestigious annual ranking highlights the leading companies in financial technology. London, UK – September 21, 2022 – Finastra is proud to be ranked one of the top providers in the 2022 IDC FinTech Rankings. Global Head of PR. T +44 (0)7917 613586.

Fintech 74

Fintech Financial Technology Software Capital 74

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

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

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

CFPB Monitor

NOVEMBER 22, 2022

That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition.

Fintech 78

Fintech Report Data Lending 78

American Banker

JANUARY 24, 2024

The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of EquiLend, a financial technology firm that processes trillions of dollars of securities-lending transactions every month.

Lending 36

Lending Financial Technology Security Operations 36

PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. JPMorgan Ups Security By Blocking FinTechs From Passwords. Ant, Razer Join Rally For Singapore eBank Licenses.

Fintech 133

Fintech Payments Digital Banking America 133

Payments Source

SEPTEMBER 6, 2019

is making another bet on a Latin American financial-technology startup, providing a secured credit facility of as much as $100 million to Mexico’s Konfio Ltd. Goldman Sachs Group Inc.

Lending 76

Lending Fintech Financial Technology Groups 76

FICO

JULY 9, 2021

The pandemic and associated economic uncertainty have made the landscape for card lending even more challenging, with the need to shape an effective strategy for engagement with all of their customers. To find out more about how PrescreenCentral can benefit both FinTech partners and financial institutions alike, read the new executive brief.

Financial Technology 52

Financial Technology Technology Software Analytics 52

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

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

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

CB Insights

APRIL 22, 2020

GET THE 102-PAGE State of fintech REPORT. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups). What a cash flow crisis means for fintech companies. LENDING MARKETPLACES CAN SHOWcase THEIR UTILITY. worth of loan applications.

Fintech 87

Fintech Lending Online Examples 87

PYMNTS

MAY 26, 2017

Mizuho Financial Group , the Japanese financial company, is gearing up to launch a venture in June to create new businesses with FinTech. Mizuho is among a growing list of financial services companies around the globe who are embracing FinTech, whether it’s investing in startups, partnering them or buying them outright.

Fintech 100

Fintech blockchain New York Risk Management 100