Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

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San Francisco New York Fintech Regional 267

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.

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Fintech Financial Technology Mobile Innovation 249

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. Before this appointment, Piazza was serving as the bank’s Chief Operating Officer. […].

Fintech 170

Fintech Financial Technology Innovation Mobile 170

Bank Innovation

APRIL 14, 2017

Over the past two years, the transaction volume in the financial technology and information technology sectors remained relatively flat. According to the investment bank Berkery Noyes, there were 870 financial technology and information industry M&A transactions from the beginning of 2015 through to the end of 2016.

Fintech 210

Fintech Financial Technology Technology Industry 210

William Mills

FEBRUARY 13, 2020

William Mills Agency is thrilled to see so many of our clients represented in Arizent (formerly SourceMedia) and Best Companies Group’s annual 2020 Best Places to Work in Financial Technology list. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry.

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Financial Technology Technology Survey Operations 74

Bobsguide

MARCH 2, 2021

Over the last 12 months we’ve seen one of the biggest shifts in decades in financial technology – with banks accelerating the transition of their operations to the cloud. The benefits are clear: a cloud-based approach provides easy access to innovation, helps banks.

Financial Technology 160

Financial Technology Innovation Operations Technology 160

PYMNTS

JANUARY 20, 2021

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. While every organization is different, many business leaders came to realize some common pitfalls in their legacy operations that came to light in the midst of the pandemic.

Data 314

Data Strategy System Operations 314

Abrigo

FEBRUARY 25, 2025

Back-end processes for small business loan approval in some financial institutions operate in an automation desertand it shows. Without the water of automation, applications trudge along the financial analysis, risk assessment, pricing, and other processing steps like a traveler slogging through dunes.

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Lending FDIC Policies Analysis 195

Bank Innovation

MARCH 27, 2019

Hong Kong’s traditional banks are set to face one of their biggest challenges yet: a new breed of financial technology firms estimated to snare as much as 30% of their revenue. The Hong Kong Monetary Authority has granted three virtual bank licenses and is processing five more, Deputy Chief Executive Arthur Yuen said in a […].

Financial Technology 231

Financial Technology Technology Operations Digital Banking 231

CB Insights

AUGUST 17, 2021

California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. The post This Sequoia Capital-Backed Neobank Raised $750M To Scale Operations appeared first on CB Insights Research. HOW’S THE COMPANY PERFORMING?

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Capital Operations California Regional 78

Chris Skinner

FEBRUARY 21, 2017

And it gave me this grounding in how money works, how FinTech, financial technology works, and sort of, how money moves around the world…I worked for a dating website for a year, after I left GoCardless, which was amazing fun. What really stands Monzo apart? I spent a year out, which is where I met Jonas, my Co-Founder.

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Study Training Fintech Digital Banking 283

PYMNTS

JUNE 23, 2020

GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. Money transfer company MoneyGram International Inc. has partnered with Global Money Express Co.

Fintech 250

Fintech Dallas Financial Technology Report 250

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). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

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Fintech Cards Management Regional 248

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

Bobsguide

MARCH 14, 2022

Profile Software , the leading financial solutions provider, announced today the selection of Axia by Cirdan Capital, a financial technology company in the UK founded in 2014, that specialises in the issuance of structured investment products, to complete the proprietary technology of its platform.

Capital 78

Capital Operations Fintech Software 78

PYMNTS

FEBRUARY 28, 2020

The total cost of payment acceptance is a combination of the cost of the actual payment services, the different payment methods, the technology a company needs to connect to those payment services, and the operational elements, such as financing, accounting, customer service and department.

Company 209

Company Fintech Payments Software 209

PYMNTS

JULY 24, 2020

Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. Last week, Revolut, which recently debuted in the U.S.

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San Francisco Fintech cryptocurrency New York 255

Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Risk Management 221

Risk Management Compliance Fraud Operations 221

PYMNTS

JUNE 23, 2020

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

Fraud 266

Fraud Community Bank Virginia Community 266

Chris Skinner

MAY 18, 2017

So it’s interesting how we’ve spent the last five years talking about sandboxes, creativity and design in financial technologies. Take the risk without impacting the bank’s operations. We want things just the way they are: manageable, predictable and boring. The idea is to innovate outside the markets.

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Innovation Financial Technology Marketing Examples 261

Payments Source

FEBRUARY 19, 2020

s departure from the European Union is still causing lots of headaches for financial technology companies, but there’s now enough clarity to work with. And that often means operating from a new address.

Fintech 129

Fintech Financial Technology Operations Technology 129

PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems.

Payments 304

Payments New York Metro New York City 304

PYMNTS

DECEMBER 6, 2020

Bloomberg reported that Charles Wong , who will be chief executive of the new digital bank, said in an online briefing Friday night that the 200 new hires will work in technology in general — and in some cases, financial technology in particular. Grab is a major player in Singapore's ride-hailing sector.

Digital Banking 170

Digital Banking Operations US Financial Technology 170

PYMNTS

MAY 26, 2020

More than ever, companies who operate globally need to be able to rely on solutions that support their business-critical payment processes.”. as well as European operations to satisfy expanding global demand. Banks can then link with modern financial technology customers as a result.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

SEPTEMBER 29, 2020

He added that the new partnership “will provide great benefit not only to banks and central infrastructures” but to merchants, their customers and financial technology companies (FinTechs).

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Payments System cryptocurrency Regional 248

PYMNTS

APRIL 23, 2020

The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. . Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment.

Payments 181

Payments Risk Management ATM Resources 181

PYMNTS

OCTOBER 15, 2020

We've got a common messaging framework, this data rich environment where also we’re operating 24/7. So these traditional operating hours of payment networks are no longer relevant when people are in that 24/7 operating model. So that is certainly an aspiration. Waterhouse noted that FinTechs act as collaborators. “In

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Payments blockchain System Data 313

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.

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Fintech Regional Operations California 189

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. Monzo , a U.K.-based,

Trends 185

Trends Payments Fintech Mobile 185

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. Inaccurate or incomplete data not only bogs down operations, it elevates the risk of errors in financial reports.

Data 219

Data Technology Operations Innovation 219

PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. The payment system, called CoDi, is slated to launch in March.

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Fintech System Mobile Payments 173

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

PYMNTS

JULY 7, 2020

. “We are committed to providing a safer, more efficient environment for cannabis businesses to operate in,” he said, according to the release. “What makes us unique is we are a traditional financial technology company that also services cannabis businesses,” he said, according to the release.

Payments 185

Payments Survey Industry US 185

PYMNTS

JUNE 29, 2020

Valdis Dombrovskis , the EU’s executive vice president of the European Commission for an Economy that Works for People, told attendees of the Digital Finance Outreach 2020 , a series of events for the 27-nation bloc on financial technology companies, that Europe must become the leader in crafting rules for digital finance.

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cryptocurrency Regulation Bitcoin Maine 221

Perficient

JULY 12, 2023

However, in what is sure to be a landmark in federal regulation, on June 6, 2023, the primary federal bank regulatory agencies issued final joint guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology companies.

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Management Risk Management Regulation Compliance 221

PYMNTS

JUNE 30, 2020

PSCU has transformed its business model and evolved from a transactional processor and reseller of a platform partner’s products to an integrated, value-add financial technology solution provider, and we look forward to delivering the benefits of this scale to Primax clients,” he said, according to the press release.

Cards 130

Cards Financial Technology Analytics Operations 130

PYMNTS

FEBRUARY 16, 2020

The shares were from the company’s technology holdings, according to Rakuten, and the sheer amount of them raised concerns among analysts about overvaluation in the sector. Rakuten’s sales come on the heels of its operating loss of 40 billion yen, or $360 million, last quarter.

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social media Policies Operations Financial Technology 169