Bank Innovation

NOVEMBER 20, 2019

You may not have heard of the term “Silicon Alley,” but I am sure you are aware of the game-changing financial technology that is emanating from it. Silicon Alley” was initially coined in the mid-1990s as a way to group media startups housed around the Flatiron neighborhood of Manhattan.

Meeting 236

Meeting blockchain Fintech Financial Technology 236

Payments Source

MARCH 12, 2021

Simon Hu has unexpectedly resigned as chief executive officer of Ant Group Co., adding fresh turmoil to the financial technology giant as it grapples with Chinese government demands to overhaul its business.

Groups 118

Groups Financial Technology Technology Fintech 118

PYMNTS

JULY 1, 2020

A group of big European banks is planning to challenge Visa ’s and Mastercard ’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. . The launch, first reported by Les Échos, is expected to be revealed by the 24 banks as early as Thursday (July 2). .

System 327

System Payments Cards Groups 327

PYMNTS

JANUARY 26, 2021

So, payments provider Ant Group ’s much-heralded initial public offering (IPO) could be back on? While Ant calls itself a financial technology company (FinTech), China’s financial regulators are starting to view it as being more like a bank. Ant is a spinoff from Chinese billionaire Jack Ma’s Alibaba Group.

Regulation 238

Regulation Groups Online Financial Technology 238

Bank Innovation

OCTOBER 29, 2019

You may not have heard of the term “Silicon Alley,” but I am sure you are aware of the game-changing financial technology that is emanating from it. Silicon Alley” was initially coined in the mid-1990s as a way to group media startups housed around the Flatiron neighborhood of Manhattan.

Meeting 186

Meeting blockchain Fintech Financial Technology 186

Payments Source

JANUARY 20, 2021

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group and its biggest rival Tencent Holdings.

Online 154

Online Payments Financial Technology Groups 154

Bank Innovation

MARCH 9, 2017

Citi Group named long-time executive Yolande Piazza the head of Citi Fintech today. Piazza, a 30-year financial technology veteran, who has been serving Citi in a variety of roles since 1988, will lead the group’s efforts in mobile, payments, and general fintech innovation.

Fintech 170

Fintech Financial Technology Innovation Mobile 170

Payments Dive

MARCH 4, 2016

The company has already signed two cooperation agreements — one with international customer interaction solutions provider NF Innova and one with Hungary-based financial technology company E-Group.

Mobile 150

Mobile Fintech Financial Technology Groups 150

Bank Innovation

JANUARY 17, 2018

London bank Standard Chartered has created an investment unit for financial technologies and innovation, the bank reported today. Under the heading ‘SC Ventures,’ the unit will focus on the bank’s existing “minority investments in fintech,” as reported by Reuters, while also searching for new fintech investments.

Fintech 249

Fintech Financial Technology Innovation Report 249

PYMNTS

JANUARY 24, 2020

The crypto could be a joint effort between private firms and the government, which would help Japan tap into worldwide shifts in financial technology, as the Parliamentary Vice Minister for Foreign Affairs Norihiro Nakayama told Reuters. The first step would be to look into the idea of issuing a digital yen,” Nakayama said.

cryptocurrency 252

cryptocurrency Financial Technology Report Groups 252

PYMNTS

NOVEMBER 3, 2020

For Ant Group, for Alibaba, and for the biggest IPO ever, it’s a case of hurry up and wait. In language from the Shanghai exchange translated from the Mandarin by CNBC and sent to Ant, the exchange noted, “Your company has also reported significant issues such as the changes in financial technology regulatory environment.

Lending 199

Lending Meeting Groups Regulation 199

PYMNTS

JUNE 9, 2019

This presents a unique systemic challenge to financial stability and efficiency, and one I hope we can touch on during the G20, and address in a cooperative and consistent fashion.”. “But The meeting also resulted in the Group of 20 finance ministers announcing they will work together to create common rules to close corporate tax loopholes.

Industry 190

Industry Big Data Fintech Taxes 190

CFPB Monitor

FEBRUARY 28, 2019

All of the meetings are scheduled to take place at the same time, thus suggesting that the groups will hold a combined meeting. The notices indicate that each of the groups “will discuss policy issues related to financial technology and other trends and themes in consumer finance.”. on March 14, 2019.

Meeting 68

Meeting Groups Washington Community Bank 68

Bank Innovation

AUGUST 29, 2019

You may not have heard of the term “Silicon Alley,” but I am sure you are aware of the game-changing financial technology that is emanating from it. Silicon Alley” was initially coined in the mid-1990s as a way to group media startups housed around the Flatiron neighborhood of Manhattan.

Meeting 150

Meeting blockchain Fintech Financial Technology 150

PYMNTS

OCTOBER 23, 2018

The SBI Group plans to license Sepior ApS ’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. of that had been transferred to both Bancor and Kucoin, respectively.”

Bitcoin 191

Bitcoin blockchain Groups System 191

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

NOVEMBER 14, 2017

has been notably slower — four years ago the Fed began officially turning to banks, financial technology companies, businesses and consumer groups to encourage to find ways to speed payments. Bancorp, JPMorgan Chase & Co, Citigroup, PNC Financial Services Group and SunTrust Banks — in the next month.

Payments 193

Payments Boston System New York 193

Bank Innovation

AUGUST 27, 2018

In the second quarter alone, funding for financial technology companies around the world reached $20.3 Fintech funding this year has been on the rise. 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

Chris Skinner

MAY 12, 2017

He is also one of the Top 5 most influential people on BankInfoSecurity’s list of information security leaders, as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

DECEMBER 17, 2018

A financial technology company called B-Social has raised £3.2 B-Social offers a social finance app and a beta debit Mastercard, which allows its customers to keep a close eye on daily spending and track where money is going, and also creates groups between people to split bills and keep a record of who owes what.

Fintech 176

Fintech Groups Financial Technology Lending 176

PYMNTS

JANUARY 7, 2019

fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. 7) that they have completed their merger. ”

Cards 168

Cards Groups Payments Regional 168

PYMNTS

JANUARY 21, 2021

In today’s top payments news around the world, Mynt is reportedly seeking more funding following a $175 million round, while WeTrade Group is seeking to raise roughly $121 million in its transfer from the OTC board to Nasdaq. Ant-Backed Mynt Seeks More Funding On Heels Of $175 Million Round. Mynt, for its part, runs the GCash digital wallet.

Policies 149

Policies Payments Groups Bitcoin 149

Payments Source

SEPTEMBER 17, 2020

Ant Group was dealt another blow by more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public offering.

Financial Technology 118

Financial Technology Lending Regulation Groups 118

PYMNTS

FEBRUARY 24, 2020

Consolidation of this kind has been sweeping the financial technology sector as of late, with Intuit’s deal just the latest example. The deal lays bare the growing need for financial services groups to accumulate data. The company is now worth more than $74 billion.

Financial Technology 150

Financial Technology Data Software National 150

Insights on Business

MARCH 12, 2018

Gene Ludwig, the CEO and founder of Promontory Financial Group , recently sat down with Bloomberg Law in a wide-ranging interview to discuss his predictions for the future of RegTech, blockchain, and where he sees the markets going in the next three to five years. Learn more about Gene Ludwig and Promontory Financial Group.

Groups 79

Groups blockchain cryptocurrency Regulation 79

PYMNTS

FEBRUARY 16, 2020

In 2019, Softbank invested $130 million in Kaszek Ventures and bought a $100 million stake in Valor Capital Group. In addition, it will continue direct investments in venture capital firms. SoftBank is also partnering with the Correlation One foundation to start an 11-week training course for future AI experts, he said. .

Fintech 174

Fintech America Regional Capital 174

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 combined that with Hoperun’s experience in the finance market to create the DCBP solution, it said in the press release. “We

Technology 198

Technology Financial Technology Management Capital 198

CFPB Monitor

DECEMBER 8, 2022

SaverLife is a national non-profit sponsored by some of the nation’s leading financial institutions that uses financial technology to improve the financial health of low- to-moderate income consumers by incentivizing savings through prizes, rewards, expert resources, and gameplay.

Financial Technology 78

Financial Technology Technology Resources National 78

Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

Fintech 78

Fintech Groups Community Bank Community 78

PYMNTS

JANUARY 22, 2019

At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way to gain customers’ trust and innovate new ways for customers to interact with their finances. On Tuesday (Jan.

Fintech 194

Fintech Apple User Experience Examples 194

PYMNTS

JUNE 29, 2020

The report said firms such as Pockit, the London-based financial technology company that offers an alternative to traditional banks, and U Account, the Sheffield, England digital bank, a subsidiary of subprime lender Morses Club PLC that provides finance to poorer clients, are among those hardest hit. authorities.

Taxes 223

Taxes Report Financial Technology Examples 223

PYMNTS

MAY 26, 2020

It noted that many organizations with the inclusion of Hugo Boss, Adecco Group and Bertelsmann already utilize TIS. Treasury Prime, for its part, has an application programming interface (API) that allows banks to provide a revamped interface to legacy backend technologies.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

NOVEMBER 2, 2020

The People’s Bank of China (PBOC) and regulators from three Chinese agencies are interviewing Ant Group Founder Jack Ma, Chairman Eric Jing, and CEO Simon Hu about the upcoming $37 billion initial public offering (IPO), according to a Financial Times report on Monday (Nov. Shares are scheduled to begin trading on Thursday (Nov.

Groups 131

Groups Regulation Financial Technology Report 131

PYMNTS

JANUARY 21, 2021

It all started in November when the Shanghai Stock Exchange acted to delay his Ant Group’s plan to go public, after he met with Chinese regulators. Before the scheduled initial public offering (IPO) was canceled, Ant Group was worth an estimated $316 billion. Ma is also the founder of the Alibaba Group. That was then.

Regulation 140

Regulation Groups Online Video 140

PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. OneConnect is the financial arm for Ping An Insurance, the largest insurer in China.

Bitcoin 144

Bitcoin blockchain social media Fintech 144

PYMNTS

APRIL 30, 2019

The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. The Times reported late last week that initiatives include a “FinTech foresight” group that will bring together various stakeholders across financial technology and multinational companies.

Fintech 189

Fintech Regional Operations California 189

South State Correspondent

NOVEMBER 14, 2024

Two: Customers Have More Than One Account and Will Use Instant Payments To Transfer Funds A 2019 survey by the Mercator Advisory Group showed that the American depositor has an average of 5.3 Reducing payment costs and delays to allow for better financial control is proving to drive adoption and capture engagement. bank accounts.

Payments 195

Payments Study Survey Data 195