Accenture

SEPTEMBER 25, 2017

It’s a concept that banks and financial technology (fintech) companies should—and are—quickly learning. Five years ago, industry watchers forecasted fintech to be the imminent and dramatic demise of traditional banking. Likewise, fintechs are realising that flying alone can be energy sapping.

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Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. “Our members tell us Brexit has had a chilling effect on investment,” Innovate Finance chief executive Lawrence Wintermeyer told the BBC. . But globally, investment rose 10.9%.

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PYMNTS

NOVEMBER 25, 2019

MiddleGame Ventures has launched a new €150MM fund targeting FinTech investments in Europe and North America. MGV’s Venture Fund I has already made three representative investments in financial technology startups in the UK: Nivaura, Railsbank and Gardenia Technologies.

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PYMNTS

OCTOBER 31, 2016

Treasurers from the largest corporations are more likely to invest in newer financial technologies, found a new report from East & Partners and Contentive Media. East & Partners outlined its findings in the Treasury FinTech Index, which surveyed treasurers across geographic markets. percent planning to do so.

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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.

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PYMNTS

JANUARY 17, 2019

Goldman Sachs as FinTech player? The digital age is upon us, though, and the bank is proving nimbler than perhaps some might think. Call it FinTech for the masses, done with higher rates on savings than might be seen elsewhere, and where those rates are going higher by several basis points, starting, well … now.

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Bobsguide

OCTOBER 20, 2018

State regulators are to take a more hands-on approach to regulating and engaging with financial technology developments, according to Chris Camacho, president and CEO of the Greater Phoenix Economic Council, who was speaking as part of a panel at this year’s Money20/20. “I can’t.

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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!).

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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.

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Chris Skinner

FEBRUARY 21, 2017

Tell us a little bit more about your history prior to Monzo. And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. I think the word FinTech wasn’t yet around. What really stands Monzo apart?

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PYMNTS

NOVEMBER 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. Sam Tay , CEO of FinTech Aptiv8 , noted that his company offers an app for foreign workers. Singapore itself has a growing economy, with 1.4

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Chris Skinner

JULY 18, 2017

Now that it has burst, the interview seems quite prescient so, here it is … UBS interview with Chris Skinner Cryptocurrencies – digital currencies based on encryption – are in the midst of a bubble, but that should not overshadow the genuinely transformative change that is taking place within the financial services industry.

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PYMNTS

AUGUST 2, 2016

In looking ahead at the near-term emergence of FinTech markets, the U.S. Department of Commerce’s International Trade Administration said in its “ 2016 Top Markets Report Financial Technology ” that Asia will hold sway over other regions. Payment services, with … 17.6 percent, insurance services at 7.7

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PYMNTS

OCTOBER 6, 2020

Razer Fintech and Visa have unveiled a new prepaid card, dubbed the Razer Card, now in its test phase. The Singapore-based financial technology company said the move is part of its goal of establishing “the world’s first global youth bank.”. Razer Pay users can “opt-in for a free virtual card” as well.

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PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Visa Launches FinTech Collaboration Initiative In Europe. Poland's mBank Taps Treasury Pricing FinTech.

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PYMNTS

FEBRUARY 20, 2018

19) that they had inked a deal to collaborate and support FinTech initiatives called the Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement). According to a press release , the two organizations will support each other’s efforts via the FinTech initiatives LabCFTC and FCA Innovate.

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Let's Talk Payments

MAY 8, 2017

‘FinTech’ – not so new anymore but an alluring phenomenon for global supply chains. For those who fancy knowing ‘what is a FinTech?’ or simply ‘financial technology,’ it is an.

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CFPB Monitor

NOVEMBER 7, 2022

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

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Let's Talk Payments

APRIL 20, 2017

LOUIS, MO – April 18, 2017 – Financial services firm Edward Jones today announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in financial technology (FinTech).

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PYMNTS

JANUARY 15, 2019

-based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. Beringea, True Ventures and Route 66 provided $11.6

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Let's Talk Payments

JUNE 7, 2019

FinTech is not an exception here. We were looking at MEDICI startup database stats of new FinTech startups & their growth stories and came across many interesting cases of new players that secured good equity in order funding within one year of entering the market.

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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.

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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.

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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.

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PYMNTS

OCTOBER 15, 2020

Noted Kresse, “RTP and other new payment rails provide us the opportunity to carry remittance direct from system to system.” You give us a message. The conversation turned to whether FinTechs are purely competitors to traditional FIs — or, actually collaborators. Waterhouse noted that FinTechs act as collaborators. “In

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Chris Skinner

MAY 18, 2017

The first says: “It’s great working for a FinTech start-up as I get to travel the world. So it’s interesting how we’ve spent the last five years talking about sandboxes, creativity and design in financial technologies. Wal*Mart dominated the US grocery industry and has ceded control to Amazon by not digitalising fast enough.

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PYMNTS

MAY 22, 2018

At the top of the list, according to reports, is incoming FinTech disruption, legislation like PSD2, market shifts stemming from Brexit and more. That could be massive for us and all corporates.”. According to reports in Global Finance , an estimated 1,100 corporate treasurers from across the U.K. Nearly a third (31.1

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PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country.

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Let's Talk Payments

NOVEMBER 7, 2016

Investments in financial technology have grown exponentially in the past decade – rising from $1.8 The global investments in financial technology ventures. billion in 2010 to $19 billion in 2015.

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PYMNTS

OCTOBER 28, 2019

Mastercard is rolling out Mastercard Accelerate to help streamline how Mastercard works with FinTechs and provide support from startup to expansion, the company said in a press release on Monday (Oct. Accelerate offers FinTechs easy onboarding to access and integrate all of Mastercard’s specialized tools and proprietary technology.

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Let's Talk Payments

SEPTEMBER 12, 2017

New York is one of the hottest FinTech hubs globally and is known to be a notable hub of innovation. For talented entrepreneurs looking to explore New York as the.

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PYMNTS

JANUARY 19, 2021

Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion. Grab, the Singapore-based financial technology firm, is reportedly considering a U.S. Britain’s government is planning to shore up the Prompt Payment Code to make it so that 95 percent of invoices for SMBs need to be paid within 30 days.

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Let's Talk Payments

MARCH 23, 2017

Financial technology startups – often called FinTech(s) – have been at the forefront of financial innovation, prompting the traditional banking sector to recognize these new innovative technologies and agile business.

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Let's Talk Payments

OCTOBER 3, 2016

Charlotte, NC – Queen City Fintech begins accepting applications for its 2017 accelerator program Monday from October 3, 2016. Hundreds of financial technology, or FinTech, startups are expected to apply.

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Let's Talk Payments

MAY 24, 2016

If there is one region to lead the world into the next generation of financial technology innovation, it is Asia. Despite common belief spread by media coverage that the western.

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PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release.

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PYMNTS

APRIL 23, 2020

The rise of FinTech, the increasing globalization of finance — and even ravages of the coronavirus, which is making us all bank and transact across phones — all have pointed to one simple, urgent question: Just what is a bank, anyway? The financial terms of the deal were not disclosed. Looking For The Continuum.

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