PYMNTS

JANUARY 6, 2021

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We

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Lending Fintech Data Comparison 323

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

Bank Innovation

SEPTEMBER 21, 2017

Dutch bank ABN Amro’s online lending fintech New10 is open today. New10 was created to provide small businesses loans ranging between EUR 20,000 and EUR 1 million, through a process that is entirely online. To apply for the loan, the candidate has to fill an online process in which they have to select the type […].

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Lending Fintech Online Payments 273

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). ”

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Lending Fintech National Taxes 189

Bank Innovation

JANUARY 30, 2018

South Africa’s Reserve Bank today unveiled a fintech unit. The unit, which consists of only three members right now, will pay attention to developments in areas like payments, lending and insurance among other things. Based on a Finextra report, Groepe said of the fintech unit: Given […].

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Fintech Lending Report Payments 334

PYMNTS

APRIL 17, 2020

With only four investment rounds, B2B FinTechs were able to secure more than $181 million in fresh funding — an impressive sum amid turbulent times. In addition to expanding its marketplace, the startup said it plans to expand its ability to streamline the corporate lending process for both banks and non-bank lenders.

Fintech 193

Fintech Payments Capital Lending 193

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

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Fintech Lending Software Compliance 169

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. bank sets its data sharing rules for FinTech firms. JPMorgan Sets FinTech Data Deadline. Xero, Square Integrate For Faster Invoice Payments. Plus, a major U.S. As the U.S.

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Lending Taxes Fintech Data 217

Payments Dive

OCTOBER 9, 2020

Stem, a distribution and payments platform founded by Milana Rabkin Lewis, is ready to lend a hand to help artists through the pandemic and beyond. Concerts and tours are cancelled leaving those in the industry, from the novice to the veteran, scrambling for revenue.

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Industry Fintech Lending Payments 412

PYMNTS

NOVEMBER 10, 2020

It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. The rest will go toward developing partnerships with governments and regulators “to raise the bar” when it comes to modern, unbiased lending.

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Lending Software Compliance System 345

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 199

Fintech Los Angeles Lending Analytics 199

PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. ’s Faster Payments real-time payments system.

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Fintech Cards Technology Samsung 277

PYMNTS

NOVEMBER 24, 2020

PayPal’s CEO Dan Schulman recently told CNBC that he’s confident the move to digital currencies is being swiftly adopted and will be permanent, noting “there's no question that people are flocking to digital payments and digital forms of currency.”. To participate, users must lend a minimum of 0.1

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Bitcoin Lending cryptocurrency Capital 339

PYMNTS

SEPTEMBER 18, 2019

Indonesian peer-to-peer lending platform JULO is closing its Series A2 funding round with $15 million raised, after extending its initial $5 million Series A funding by an additional $10 million, according to a report. In South Asia, digital lending is becoming more and more common.

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Lending Fintech Capital System 140

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

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Lending Fintech Data Wyoming 150

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

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Lending Fintech Guidelines Meeting 134

Payments Dive

APRIL 12, 2023

A new rule, which takes effect May 11, ends a 40-year moratorium on admitting new nonbank lenders to the agency’s 7(a) loan program.

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Lending Fintech 195

PYMNTS

JANUARY 28, 2021

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in which banks hold the upper hand, commercial lending included. FinTechs, on the other hand, built on a digital-first foundation, found their footing amid the PPP deluge. "In

Lending 164

Lending Fintech Operations Software 164

Gonzobanker

SEPTEMBER 21, 2023

Alkami partnered with Clinc for conversational AI, Atomic for direct deposit switching and FINBOA for payment dispute management. Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech. for automated underwriting.

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Fintech Software Illinois Lending 103

PYMNTS

NOVEMBER 1, 2019

Merchants and disbursements providers need to innovate quickly to stand up against their competitors, many of which are smaller FinTechs or startups that can capitalize on the host of customers that near-exclusively transact and receive money through digital and mobile devices. Instant payments are gaining in international markets.

Lending 112

Lending Trends Payments Mobile 112

PYMNTS

JULY 28, 2020

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Yet this week’s look at the latest tie-ups reveals new models of collaboration, including FinTechs expanding their footprint within banking, and wielding banks to fit within their own tech solutions.

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Fintech Lending Digital Banking Technology 279

BankInovation

AUGUST 11, 2023

Payments technology fintech SumUp announced Wednesday it has raised $100 million from Victory Park Capital. SumUp provides businesses with point-of-sale payments equipment and inventory management software to manage their operations.

Fintech 52

Fintech Payments Lending Software 52

PYMNTS

MAY 22, 2020

From competitors to collaborators, the FinTech boom introduced a field of opportunity for traditional financial institutions to team up with an industry newcomer to become more agile and modern with their own product offerings. On the other hand,” he added, “the pandemic doesn’t just spare FinTechs. Financing Burdens.

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Fintech Lending Tools Risk Management 261

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

Fintech 196

Fintech Lending Community Payments 196

PYMNTS

NOVEMBER 28, 2018

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB). FinTech firms have taken a few approaches to this issue, either by working to replace paper checks with different payment rails or trying to work with checks by addressing their particular pain points.

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Lending Payments Cards System 168

PYMNTS

SEPTEMBER 23, 2020

The FinTech Sezzle has struck up a partnership with Ally Lendin g, a digital financial services company. Our collaboration with Ally Lending enhances our customer financing offerings, making it possible for consumers to better manage their finances," said Charlie Youakim , executive chairman and CEO of Sezzle, in a press release.

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Lending Minneapolis Strategy Innovation 198

Payments Source

FEBRUARY 19, 2020

When established card networks such as Visa, American Express and Mastercard start investing in fintech lending platforms such as Divido and ChargeAfter — as well as in the fintech lenders themselves such as Klarna and Vyze — it’s a clear signal that the future of unsecured personal loans may not be delivered by banks.

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Lending Fintech Marketing Cards 130

PYMNTS

NOVEMBER 27, 2018

Yet, the small business lending gap remains. In a new report, PayNet and financial research firm Raddon examined the state of small business lending in the U.S. ” Banks have not invested in their small business lending operations to improve the process for the borrower, though.

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Lending Fintech Capital Report 159

Bank Innovation

DECEMBER 6, 2017

INV Fintech, the sister accelerator to this site, announced its fourth class of startups today. Here are the five companies of Class 4 of INV Fintech: Bloxable: Bloxable provides decentralized solutions for lending origination and the securitization of mortgages […].

Fintech 315

Fintech Lending Company Capital 315

Bank Innovation

JULY 12, 2018

Most fintech startups don’t survive. The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim.

Fintech 247

Fintech Lending Industry Payments 247

Bank Innovation

JULY 31, 2018

It’s good news for fintechs in lending and payments that want a federal banking license, the Office of Comptroller of the Currency (OCC) has started accepting applications starting today. The fintech charter does not require deposit insurance from the FDIC, per a recommendation from the Treasury Department.

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Fintech FDIC Lending Payments 218

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Further, GLI Finance revealed a $25.93 Further, GLI Finance revealed a $25.93

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Lending Capital Fintech Security 190

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., A Win-Win for Banks and SMBs. For lenders, unlocking data also means strengthened fraud mitigation.

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Lending Data User Experience Fraud 233

PYMNTS

JANUARY 22, 2019

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday (Jan. The firm enables businesses to accept electronic payments via mobile POS device.

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Lending Payments Tools Capital 137

PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality. StreetShares.

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Fintech Lending Software Security 258

PYMNTS

AUGUST 7, 2020

Everyone knows the old joke about how easy getting into the lending business is: “Lending money out is very simple — pretty much anyone can do it. In fact, Fuloria said the pandemic has inadvertently opened up new opportunities for FinTechs because it exposed traditional banking’s limitations. Emerging Opportunities.

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Lending Innovation Fintech Examples 249

Bank Innovation

NOVEMBER 27, 2017

Fintech lenders are making significant gains in the personal loan space, according to a recent TransUnion report, which follows the staggering growth of fintech lenders in the market over the past few years.

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Fintech New York Conference Lending 326