PYMNTS

JULY 13, 2020

Indeed, just as SMBs have fast-tracked their own digitization efforts, their financial technology partners have also found the current climate to be an opportunity to accelerate innovation and roll out new services to support their merchant and consumer users. Innovation On The Fast Track. The Bigger PayPal Picture.

Innovation 184

Innovation Online Community social media 184

PYMNTS

OCTOBER 15, 2020

With the current state of economic upheaval, the ongoing pandemic and the great digital shift, corporates and financial institutions are racing to digitize and modernize payment flows and back-end processes. That’s strong growth for something that is a mature payment product,” said Larimer.

Payments 313

Payments blockchain System Data 313

Bank Innovation

OCTOBER 24, 2017

Continuing its development of financial technologies on its platform, social media firm Facebook has joined a Visa program that enables the network to access its Token Service for payments, Visa announced today.

social media 236

social media Payments Financial Technology Technology 236

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. A large portion of the money — $75 million — was from KKR, a global investment firm.

Financial Technology 128

Financial Technology Company Technology Fintech 128

PYMNTS

FEBRUARY 17, 2020

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Comparing this industry between five years ago and now, there’s a lot of technology that makes it easier to do business,” said Wong.

Payments 232

Payments Regional Data Technology 232

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

Company 209

Company Fintech Payments Software 209

PYMNTS

JANUARY 21, 2019

Innovation is good, but flexibility and agility count, too — as does striking while it’s hot. DBI) , an employee benefits administrator, by financial technology services company WEX. Earlier in January, WEX announced a partnership with voice technology company AI.io The deal comes amid a busy period for WEX.

Innovation 167

Innovation Trends Technology Operations 167

PYMNTS

APRIL 9, 2020

Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. ” Reports noted the importance of SWIFT expanding into the SMB payments arena beyond high-value complex corporate transactions. Sila Raises Funding to Nix ACH. The company recently announced $7.7

Fintech 209

Fintech Payments Oregon Cards 209

Bank Innovation

FEBRUARY 21, 2018

EXCLUSIVE – Greenlight Financial Technology, a fintech startup for kids, has raised $16 million in a Series A funding round today, Bank Innovation has learned. Greenlight Technology is a combination of P2P and PFM features on a mobile app, and is unusual in that it focuses on children.

Fintech 249

Fintech Financial Technology Mobile Innovation 249

PYMNTS

JANUARY 15, 2018

and EU like Open Banking and PSD2 that require such cooperation, APIs are emerging as an essential piece of the equation for payments innovation. In the January PYMNTS.com B2B API Tracker , powered by FI.SPAN, the numbers present a picture of the B2B payments ecosystem embracing APIs to become faster, more agile, and more global.

Data 193

Data Payments Tools Innovation 193

Bank Innovation

APRIL 17, 2018

Americans prefer paying with EMV chip cards to swiping their cards or even paying with cash, according to a recent survey from financial technology solutions provider Fiserv. According to the report, released last week, 36% of the people surveyed said they preferred EMV chip cards to other payment methods.

Cards 199

Cards Payments Survey Financial Technology 199

PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. Only 13 percent say they’re willing to jump on the innovation bandwagon. surveyed said their accounting software is integrated with an invoicing and payments solution.

Financial Technology 127

Financial Technology Technology social media Taxes 127

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. which is a huge draw to using BNPL as a non-cash payment method. What Are Some Buy Now, Pay Later Companies? Which one is best for me?

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.

Retail 219

Retail Payments Bitcoin Policies 219

PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space. B2B Payments Outlook.

Innovation 100

Innovation Payments Regulation Fraud 100

Chris Skinner

JULY 21, 2017

Really easy to work with, the company is the chosen system for many other innovative companies including Kickstarter and Apple Pay, and valued at almost $10 billion by the end of 2016. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.

Fintech 361

Fintech System Technology Apple 361

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

PYMNTS

AUGUST 12, 2019

Simply put, that means consumers’ retail experiences tend to inform their expectations for financial services, said Jim Johnson, executive vice president of FI payments and wealth for FIS , in a new PYMNTS interview with Karen Webster. FIS provides core banking and financial services technology for some 20,000 clients in 130 countries.

Payments 188

Payments Fintech US Innovation 188

PYMNTS

SEPTEMBER 22, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become a broadly adopted payments instrument. Allaire said this has been a long time coming.

cryptocurrency 345

cryptocurrency Regulation Financial Technology Meeting 345

PYMNTS

FEBRUARY 12, 2020

Artificial intelligence, automation and cloud computing company Esker has integrated with Stripe Connect to help companies streamline the processing of payments across borders using a single provider, according to a press release. This will also accelerate the launch of new Esker products and simplify the onboarding of our customers.”.

Payments 174

Payments Customer Experience Regional America 174

PYMNTS

NOVEMBER 27, 2019

DLT would also help in terms of cross-border payments, he said. Many EU residents have to wait a long time for payments to work their way through the region’s banking systems, and that the “correspondent banking model” is outdated and too pricey. The ECB has been open to the idea, and could already be experimenting.

blockchain 236

blockchain Innovation System Financial Technology 236

PYMNTS

JUNE 23, 2020

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

Fraud 266

Fraud Community Bank Virginia Community 266

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

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The Fed And FinTech Firms.

Fintech 211

Fintech San Francisco National Innovation 211

Bank Innovation

MARCH 9, 2017

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. Citi Group named long-time executive Yolande Piazza the head of Citi Fintech today.

Fintech 170

Fintech Financial Technology Innovation Mobile 170

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system. faster payment system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

MAY 5, 2020

APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments. The European Union (E.U.) banks provide each other access to transaction data and account information to enable open banking.

Payments 200

Payments United States Software Cards 200

Chris Skinner

MAY 12, 2017

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. Chris has been voted one of the most influential people in banking by The Financial Brand. We are seeing big changes to encourage innovation.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

JANUARY 21, 2019

Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as the latest example of companies in payments and FinTech gaining licenses to operate in Europe. There, PSD2 was designed to encourage FinTech and payments innovation.

Trends 185

Trends Payments Fintech Mobile 185

PYMNTS

APRIL 6, 2020

Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement from Voyager. Voyager Innovations runs the payments platform PayMaya Philippines. Vea, founder and chief executive officer of Voyager Innovations.

Payments 136

Payments Innovation Branding Fintech 136

Bank Innovation

MARCH 20, 2018

EXCLUSIVE—Greenlight Financial Technology Inc., a PFM that provides “smart debit cards” to more than 100,000 users to begin financial literacy conversations with their children, is launching a credit product. Credit is interesting, investing.Read More.

Financial Technology 207

Financial Technology Cards Innovation Technology 207

PYMNTS

OCTOBER 4, 2019

These are indeed the days for mergers and acquisitions (M&A) in the world of payments, and that trend looks likely to hold into the 2020s. That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. Recent Trends.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

FEBRUARY 16, 2017

After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? Plus, there is a competitive edge to the tactic, enabling the owners of these technologies to see their solutions integrated into more services, reaching more end users.

Payments 189

Payments Software Tools Technology 189

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). Last month, PYMNTS reported EedenBull rolled out its commercial card platform to banks to take advantage of improved B2B payment capabilities.

Fintech 248

Fintech Cards Management Regional 248

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

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

MARCH 14, 2019

Canadian financial technology provider Central 1 is linking its credit union customers to a new solution designed to streamline accounts receivable for small businesses. The tool links directly into small to medium-sized business (SMB) accounts, the company noted, allowing businesses to avoid the cost of card acceptance.

Payments 148

Payments Tools Online Innovation 148