PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. But it has also led to two firms controlling more than 90% of the mobile payments market.”

Industry 190

Industry Big Data Fintech Taxes 190

South State Correspondent

NOVEMBER 14, 2024

The insight here is that if you price and market the product correctly, instant payments will not only start to cannibalize other payment channels such as cash, checks, and wires, but it will also have a set of other attributes impacting bank performance. bank accounts. As can be seen below, these balances are material.

Payments 195

Payments Study Survey Data 195

PYMNTS

APRIL 26, 2018

Mastercard and IFC , a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. This partnership will help bring modern financial services to underserved people around the world.

Marketing 121

Marketing Payments Risk Management Groups 121

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. Work remains to be done to determine how it can be set up to maximize the benefits for the whole financial system.”.

Bitcoin 191

Bitcoin blockchain Groups System 191

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., However, there are efforts to lower the barriers to entry for market newcomers. Morgan’s initiatives in cryptocurrency and stablecoin technology have ramped up in recent months, for instance. “The U.S.

Payments 294

Payments blockchain System Bitcoin 294

Chris Skinner

MAY 12, 2017

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga.

Regulation 255

Regulation Capital Fintech Innovation 255

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

NOVEMBER 14, 2017

“Business-to-business payments have been some of the most resistant to electronics,” said Steve Ledford, senior vice president for product and strategy at The Clearing House — a point underscored by the fact that over half of all check-based transactions today come care of the B2B payments market. to keep pace with nations like the U.K.

Payments 193

Payments Boston System New York 193

PYMNTS

MAY 26, 2020

Wiemer continued, “Thanks to the growing number of corporates, banks and service providers already using our cloud platform, TIS will further strengthen market leadership while leveraging sustainable competitiveness in combination with increasing network effects.”. Banks can then link with modern financial technology customers as a result.

Payments 191

Payments Leadership Technology Management 191

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 21, 2021

Before the scheduled initial public offering (IPO) was canceled, Ant Group was worth an estimated $316 billion. That could happen under Chinese regulators’ proposals to curb market concentration in the country’s online payments market, Ant, best known for its Alipay payments service, calls itself a financial technology company (FinTech).

Regulation 140

Regulation Groups Online Video 140

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. bPass enables financial firms to tap Ant’s product management, asset management capital verification and full-link pressure test.

Technology 198

Technology Financial Technology Management Capital 198

PYMNTS

JANUARY 4, 2017

Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. According to a report by Reuters , while FinTechs may not be red hot in the U.S., The weak activity in the U.S.

Fintech 159

Fintech Capital Report Financial Technology 159

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. billion market cap. Ant-Backed Mynt Seeks More Funding On Heels Of $175 Million Round. TransferWise, a U.K.

Policies 149

Policies Payments Groups Bitcoin 149

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

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

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

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. It reported nearly $4 billion of debt to creditors, after it revealed that $2.1

Regulation 141

Regulation Guidelines Groups Report 141

PYMNTS

JANUARY 21, 2019

Alipay , which is part of the Alibaba group and has more than 700 million users , reportedly received a license from Luxembourg for a new entity called Alipay (Europe) Limited S.A. There, PSD2 was designed to encourage FinTech and payments innovation. Starling Bank undertook similar steps. Monzo recently achieved a valuation of $1.3

Trends 185

Trends Payments Fintech Mobile 185

PYMNTS

NOVEMBER 15, 2018

The market capitalization of bitcoin, the leading cryptocurrency, declined to under $100 billion for the first time since October of 2017 amid a steep sell-off in digital tokens Wednesday (November 14). According to a report in CNBC citing Coinmarketcap.com, the market cap of bitcoin was at $98,194,458,586 overnight.

Bitcoin 134

Bitcoin cryptocurrency Marketing Capital 134

PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.

Data 173

Data Google Fintech Groups 173

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. The 2019 Canadian fintech market map. Startups headquartered in Ontario dominate the table, with over 40 fintech companies from this market map headquartered in the Greater Toronto Area.

Fintech 93

Fintech Marketing US Technology 93

BankInovation

JULY 22, 2021

Simon Markets, a financial-technology platform that spun out of Goldman Sachs Group Inc., The funding round will enable the New York-based firm, which counts financial advisers as users, to expand into alternatives like private equity and hedge funds, as well […].

New York 98

New York Financial Technology Groups Security 98

PYMNTS

JULY 17, 2020

As the one-time darling of Europe’s financial technology (FinTech) community faces insolvency with the debt of nearly $4 billion, some lenders said there are few buyers willing to pay cents or euros on the debt. While Wirecard touted deals with SAP SE, Zurich Insurance Group and SoftBank Group Corp.,

Fraud 150

Fraud Community Groups Regulation 150

PYMNTS

FEBRUARY 14, 2018

The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd., reports noted.

Lending 122

Lending Capital Groups Financial Technology 122

BankInovation

FEBRUARY 17, 2022

and Robinhood Markets Inc. money-laundering rule as crypto and financial-technology companies seek to satisfy existing requirements and head off stricter oversight. A group of 18 companies is setting up the platform to help meet conditions of […]. Coinbase Global Inc., Gemini Trust Co.

Meeting 96

Meeting Financial Technology Groups Technology 96

PYMNTS

MAY 26, 2017

Small businesses that ignore next-generation payments technologies like invisible payments or cryptocurrencies are losing out big time, but new research suggests that tens of thousands of dollars are lost by SMEs because they aren’t even accepting cards. Analysis from Expert Market found that some small businesses in the U.K.

Report 140

Report Cards Millennials cryptocurrency 140

Perficient

JULY 11, 2022

Consumer advocate groups and regulators have also brought forth concerns about the ramifications of BNPL existing outside of the normal credit-reporting system. Some have even gone as far as to label BNPL services as exploitative of young and lower-income people.

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

AUGUST 4, 2020

Grab Financial Group (GFG), a Southeast Asia financial technology (FinTech) and ridesharing company, is expanding its reach with the announcement on Tuesday (Aug. Called “Thrive with Grab,” the strategy is designed to tap into the region’s vast market. Grab also has received $2.6

Strategy 137

Strategy Management Groups Innovation 137

PYMNTS

AUGUST 2, 2020

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one. to InBankshares Corp.

New York 173

New York Minneapolis Denver Capital 173

PYMNTS

SEPTEMBER 18, 2019

It also will discuss how to deal with potential problems and challenges that come from using digital financial technologies. The Group of Seven (G7) countries called the meeting to analyze stablecoins like Facebook’s Libra and JPMorgan’s JPM Coin. On Monday (Sept.

cryptocurrency 135

cryptocurrency blockchain Policies Groups 135

Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects. Digital Engagement Had Great Attendance and Extracurriculars.

Fintech 192

Fintech Lending Software Compliance 192

PYMNTS

DECEMBER 24, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . At a high level, that means helping crypto companies and FinTechs come to market with crypto payments across the Visa rails.

Bitcoin 258

Bitcoin cryptocurrency Course Boston 258

PYMNTS

DECEMBER 18, 2019

The company allows for solutions to some of the biggest problems when it comes to the SMB financing market. Our vision is to enable [SMBs] to fully focus on their growth, and lenders to access new market segments that can provide higher returns.

Capital 131

Capital Maine Lending Financial Technology 131

PYMNTS

AUGUST 22, 2016

Reports late last week said Levvel, an IT consulting firm, reached a deal to acquire financial advisory and research group PayStream Advisors. In a statement, Levvel Payment Practice Lead Scott Harkey said the deal will help the advisory group gain stronger footing in the B2B payments space.

Payments 100

Payments Groups Financial Technology Meeting 100

PYMNTS

NOVEMBER 24, 2016

is already a hotbed of FinTech startups, but the government is getting behind it in a bigger way, committing to invest £500,000 a year into financial technology companies. FinTech market, which includes key metrics that investors need. The agreement, which garnered approval from the Financial Conduct Authority (FCA) in the U.K.

Fintech 100

Fintech New York Financial Technology Regional 100