PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

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Google National Fintech Regulation 142

PYMNTS

OCTOBER 16, 2017

Google and Amazon are ready to shake up the small business lending world and place competitive pressure on traditional banks, according to Karen Mills, advisor for small businesses to former President Barack Obama. Amazon has already made inroads in the small business lending space over the years.

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Google Lending Conference Industry 100

PYMNTS

APRIL 24, 2020

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. however, funding for FinTechs actually increased to $3.7 B2B FinTech investments appear to be relatively strong, too. In the U.S., billion, compared to $3.6 KarbonCard.

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Fintech Capital Security Digital Banking 193

PYMNTS

AUGUST 10, 2017

Banks and FinTech companies have a complicated history. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ territories. Why the tension?

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Fintech System Industry Marketing 202

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. “This is an extraordinary thing. .”

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PYMNTS

JULY 7, 2020

There’s no shortage of disruptors — particularly neobanks that promise to change everything from checking to lending — but don’t count legacy players out just yet, Dr. Jud Linville , senior advisor at growth equity firm General Atlantic , told Karen Webster. What FinTechs And Neobanks Should Do Here.

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Fintech Innovation Software Technology 223

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Technology giants like Google and Amazon , which gained their market muscle from non-finance-related ventures, are slowly stepping into the space. Google could be in the running, too, she added. “If

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Lending Google Fintech Industry 109

PYMNTS

SEPTEMBER 30, 2020

Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass the process by which they need to collect money transmitter licenses state by state. That last measure aims to ensure that banks lend money and provide banking services to underserved and minority consumers.

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Regulation National System Industry 349

CB Insights

JUNE 17, 2021

The adoption of fintech apps has skyrocketed throughout the Covid-19 pandemic, spurring further growth and investor interest in this category. Fintech had one of the most successful quarters in history in Q1’21 , with record deals, funding, exits, and mega-rounds. . Big tech investment in fintech companies reached $2.2B

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Google Apple Fintech Report 100

PYMNTS

AUGUST 23, 2019

With an ambitious play into a booming financial services space that presents challenges that include fierce competition, China’s Xiaomi is reportedly gearing up to roll out a consumer lending business in India. For Q2, the company’s FinTech revenues increased 62.7 India is said to be the biggest market for the company outside of China.

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PYMNTS

DECEMBER 2, 2020

In addition, every player will have to make use of the country's open payments platform to guarantee interoperability, allowing money be transferred between the country's over 100 traditional banks and new digital services, including Google Pay , without fees.

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Payments Google Fintech Regulation 167

PYMNTS

JULY 27, 2020

economy could take two years to recover, and Google faces a lawsuit in Australia over its use of personal data. Google Faces Lawsuit In Australia Over Use Of Personal Data. The strategy includes layoffs as well as strengthening commercial lending. In today’s top news, economists say the U.S. As lockdowns resume in many U.S.

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Bank Innovation

OCTOBER 11, 2016

Last week was a good week for fintech funding (particularly blockchain companies).This This week we’re looking at other areas of fintech: payments, point-of-sale providers, and data analytics.

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Fintech Analytics Google blockchain 150

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Now, he said, “innovation needs to also be incorporated internally. Cohen asked.

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Management User Experience Innovation Fintech 303

Bank Innovation

AUGUST 11, 2016

Google Ventures is getting a new CEO. According to a report by Recode today, GV CEO Bill Maris is stepping down Friday and current managing partner David Krane will officially step into the CEO role. Multiple sources confirm that Krane is a permanent replacement for Maris, and GV already lists him Read More.

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Google Management Report Marketing 150

Perficient

FEBRUARY 12, 2025

The fintech industry, once celebrated for its agility and innovation, now faces a future shaped by heightened regulation. While e-commerce and fintech have been early adopters, industries such as healthcare, manufacturing, real estate, and B2B services are now integrating payment capabilities directly into their platforms.

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Trends Payments Compliance blockchain 221

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? In a recent American Banker. In a recent American Banker.

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Bank Innovation

OCTOBER 31, 2019

Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by 2025, more than tripling from $11 billion in 2019, according to a new study by Bain & Co., Google and Temasek Holdings Pte.

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PYMNTS

MARCH 29, 2019

For Ant Financial it would make sense to invest in the FinTech arm of Grab because it is expanding into Southeast Asia. billion in a venture funding raising round led by Softbank’s Vision Tech Fund and announced SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. It recently raised $4.5

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Fintech Groups Google Policies 152

PYMNTS

OCTOBER 7, 2019

OakNorth , a FinTech backed by SoftBank , has hired former Google executive Sunil Chandra to lead its artificial intelligence (AI)-based technology arm. Khosla will still handle the leadership of the overall group as well as OakNorth Bank, which mostly handles lending for middle-sized businesses.

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Bank Innovation

DECEMBER 3, 2018

Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have shaken up the banking landscape and automation has become the norm in various aspects of banking with banks like using it in the backend of credit decision-making and lending. But which Bank Innovation stories caught […].

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Google Bitcoin Lending Innovation 170

PYMNTS

JANUARY 12, 2020

Two co-founders of Google Pay in India have raised $13.2 Sujith Narayanan and Sumit Gwalani, both co-founders of Google Pay India — formerly called Google Tez — said the seed funding brings the neo-bank startup epiFi to a valuation of roughly $50 million. FinTech startups have been aggressive at filling the banking void.

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Google Capital Millennials Digital Banking 101

PYMNTS

JULY 1, 2016

For weeks the FinTech industry has been managing fears and anxieties over the future of the novel alternative finance space. Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Alternative Lending. alternative lending space this week, too.

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Lending Analytics Capital Industry 101

PYMNTS

OCTOBER 20, 2017

The company joins Google, Overstock, Citi and Goldman Sachs in embracing the distributed ledger technology. Additionally, the company recently joined the Enterprise Ethereum Alliance , which connects Fortune 500 companies with FinTech startups, academics and blockchain experts. Mastercard is not the only firm delving into blockchain.

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blockchain cryptocurrency Bitcoin Technology 210

PYMNTS

JULY 14, 2020

Silicon Valley FinTech Affirm is also a regular in the top 5 this year. In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. stores for Google Pay and Apple Pay users. The account comes with 1.30

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Lending FDIC Minneapolis Utah 130

PYMNTS

FEBRUARY 18, 2020

The company provides customers with trust system and identity solutions to aid in the areas of eCommerce and lending, particularly in terms of credibility. South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. The area is projected to be a $72 billion market for FinTech in 2020, at an CAGR of 72.5

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Regional Lending Fraud Maine 171

PYMNTS

MARCH 12, 2019

That push, he noted, hasn’t come from within the financial services industry proper, but primarily from the so-called “GAFA group” of Google, Amazon, Facebook and Apple — and the many ways they’ve made doing business simpler and smoother for consumers. This is why ICBA partnered last fall with The Venture Center in Little Rock, Ark.,

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Community Bank Community Innovation Fintech 205

PYMNTS

OCTOBER 2, 2020

The purchase furthers Goldman's push into Main Street lending and gives Goldman access to over one million cardholders, who account for roughly $8.5 India Looks to Take on Apple, Google With Its Own App Store. The pandemic has spawned mergers and acquisitions, and even an IPO boom within the tech and FinTech spaces.

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Cards Payments Atlanta Google 193

PYMNTS

APRIL 15, 2019

Specifically, who knows what dangers — for banks, at least — lurk in shadow banking, as FinTechs emerge to nibble at market share? Citigroup CEO Michael Corbat responded that leveraged lending is seeing growth outside of the regulated financial system (he pointed to mortgage and auto lending), and so is not yet posing a systemic risk.

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Lending United States Survey System 175

PYMNTS

OCTOBER 13, 2017

B2B FinTech saw one of its most stellar funding weeks in a while, led, of course, by the high-profile Bill.com investment. Alternative Lending. million in fresh equity funding for its small business lending solution. Only about 39 percent of the population is banked, reports said, leaving a gap for FinTech to fill.

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Fintech Lending social media Management 118

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue. Baird said. “As

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Innovation Fintech Data Examples 241

CB Insights

AUGUST 20, 2020

Southeast Asia is becoming a hotspot for fintech adoption across payments, lending, insurance, and investing. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Get the report to learn more. First name. Company Name. Phone number.

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Fintech Regional Google Lending 85

PYMNTS

DECEMBER 1, 2020

Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending and Google's former CEO backs a new tech fund.

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Payments Google Capital Lending 141

PYMNTS

SEPTEMBER 9, 2019

The app has e-wallet capabilities, digital lending services and wealth and insurance management. The two companies’ joint venture, called JD Central Fintech, has an ancillary eCommerce product that competes with platforms like Sea Group’s Shopee in Thailand and Alibaba’s Lazada.

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Groups Google Lending Online 125

PYMNTS

APRIL 21, 2020

But, in truth, account aggregation is largely an activity that simply moves data from financial institution (FI) to FinTech. Welcome, perhaps, to a digital banking landscape that has room for the Bank of Google, and the Bank of PayPal. As Verdon said, “it’s not just financial services businesses going into these new use cases.”

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Branding Innovation Fintech Regional 232

PYMNTS

DECEMBER 8, 2019

Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms. Asset management, payments and lending are being offered by Microsoft, Amazon, eBay, Baidu, Apple, Facebook and Tencent — all which have colossal databases.

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Regulation Data Google Fintech 131

PYMNTS

JANUARY 23, 2019

The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay. While the merchant cash advance may often come with a negative reputation , B2B FinTech players have been working to rethink the role of the solution as alternative finance continues to evolve.

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Samsung New York Branding Apple 162