PYMNTS

SEPTEMBER 22, 2020

This week's look at the latest in open banking initiatives shows creativity in how FinTechs, credit unions (CUs) and banks wield data integrations for the benefit of corporate end users, from streamlined credit underwriting to automated expense management. Acumatica Links Its ERP Into Bank Data. The company, founded by U.K.

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Fintech Cards Capital Management 277

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems.

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Security System Data Fraud 240

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. In another bank-FinTech tie-up, J.P. Tyfone Connects FIs To Payrailz.

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Fintech Cards Technology Samsung 277

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

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Build, buy or partner? Finastra Chosen by Community FI. payment schemes.

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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 […].

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Fintech Lending Company Capital 315

PYMNTS

JULY 27, 2020

The FinTech on Saturday (July 25) confirmed the data breach after reports emerged that details involving as many as 7.5 According to the FinTech, the “malicious party” gained access to user passwords “stored in hashed form using bcrypt , an industry-recognized hashing algorithm.”.

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Data Fintech Report Security 246

PYMNTS

JANUARY 22, 2020

FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks.

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Security Payments Cards Fraud 214

Perficient

MARCH 25, 2025

Figure out: Who gets to see what (and who definitely shouldn’t) How you’re classifying data (beyond “important” and “meh”) Where your golden records live What to do when it all inevitably goes sideways Metadata management and data lineage tracking are great, but they’re the icing, not the cake.

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Data Case Study Compliance Regional 221

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. 23), it is offering foundational digital guidelines to help several partners – including payment processors FIS, CoreCard, i2c, TSYS (owned by Global Payments) and others – to access card data in a speedy, secure manner.

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Cards Management Tools Guidelines 249

William Mills

APRIL 2, 2025

Fintech companies must be prepared to respond effectively when a crisis strikes. Below are key steps fintech leaders should take when managing a crisis. If customers experience financial loss due to an error, the company should communicate any remediation steps, such as refunds or security enhancements, as quickly as possible.

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Company Fintech social media Leadership 69

Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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PYMNTS

JULY 17, 2020

FinTech funding had already seen a dip in Q1 this year, but the pandemic may be further suppressing investor appetite. A new report provided by Buy Shares found global FinTech funding was less than $4 billion during Q2, compared to about $5.8 ’s Ravelin secured $20.6 billion raised in the Q1, according to Forrester.

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Fintech Capital Fraud Cards 225

PYMNTS

DECEMBER 14, 2020

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

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Massachusetts Fintech Survey User Experience 229

Bank Innovation

MARCH 19, 2020

How will banking and fintech business models be impacted by this unprecedented coronavirus pandemic? For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

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Meeting Fintech Innovation Customer Experience 293

PYMNTS

DECEMBER 15, 2020

IBM has acquired Montreal-based FinTech Expertus Technologies , according to a press release , in a bid to boost its hybrid cloud and artificial intelligence (AI) tech as well as its digital payment strategies.

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Fintech Meeting Technology Payments 224

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS). At the same time, the U.S.

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Capital Fintech New York City Security 202

PYMNTS

NOVEMBER 25, 2019

Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. They are described by Google as “smart,” since they will provide account holders with money management tips to optimize and manage the funds in those accounts.

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Google Fintech Payments Apple 272

PYMNTS

APRIL 29, 2020

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This week’s look at the latest in bank-FinTech collaborations reveals two new open banking initiatives from FinTechs designed to address back-office friction for banks.

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Fintech Payments Data Technology 238

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.

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Fintech Los Angeles Lending Analytics 213

Bank Innovation

MARCH 27, 2020

In a week that saw the coronavirus pandemic amplify in the United States, the fintech sector continued to weather economic dislocation and uncertainty. But even amid this uncertainty, fintech companies began formulating strategies to help banking and consumers emerge from the crisis with better tools and solutions.

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Fintech United States Tools Strategy 259

PYMNTS

JUNE 21, 2020

The new process also does away with manual paperwork and uses more efficient cash flow management to create a “seamless” process, according to the press release. Yvonne Yiu , head of global liquidity and cash management with HSBC, said the simplicity makes a difference for the customer.

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Payments System Security Management 359

Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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San Francisco Fintech Innovation Technology 276

PYMNTS

OCTOBER 9, 2020

“We believe that Tipalti has the potential to become a much larger company within the Midmarket space due to its differentiated holistic platform, superior global capabilities, and management team,” Durable Capital Partners LP Managing Partner and Chief Investment Officer Henry Ellenbogen said in an announcement. Firms in the U.S.,

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Compliance Fintech Payments Capital 267

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Lendio already secured its approval to facilitate PPP loans, the alternative lender said, noting that small businesses can now apply for a PPP loan on the Lendio platform.

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Lending Fintech America Technology 245

PYMNTS

DECEMBER 23, 2020

The 6-year-old who get his hands on Mom’s iPad and manages to rack up $16,000 worth of credit charges for online gaming. The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. We’ve all heard the horror stories. We don't take that lightly.

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Fintech Cards FDIC Lending 322

South State Correspondent

OCTOBER 24, 2024

The Rule now gives consumers greater control over their financial data and the ability to share it securely with third-party service providers. These authorized third parties could be banks, fintech companies, or data aggregators. In a late add and surprising twist, the CFPB included payment apps, digital wallets, and bank accounts.

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Data Security Fintech Resources 221

PYMNTS

NOVEMBER 24, 2020

FinTech startup Plaid is partnering with banking platform Jack Henry & Associates to advance the Plaid Exchange for more than 350 financial institutions (FIs). “We The tie-up gives Jack Henry customers access to the Plaid network and provides extra security to the 350-plus financial institutions using Jack Henry’s Banno digital platform.

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Fintech San Francisco Community Bank Regional 198

Perficient

FEBRUARY 27, 2025

By adopting these strategies, banks can better manage the dynamic risk and regulatory environment , ensuring compliance while maintaining competitiveness and customer trust. These steps include identifying strategic partnerships and collaborating with fintech companies and non-financial platforms that align with their goals.

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Banking Trends Trends Digital Banking Customer Experience 221

Perficient

MARCH 17, 2025

Our experts have identified the most impactful trends across banking , wealth and asset management , and payments. AI-powered chatbots can handle routine inquiries, freeing human agents for complex issues, while AI-driven algorithms enhance fraud detection and risk management.

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Trends Analytics Compliance Strategy 221

Perficient

OCTOBER 15, 2024

Banks process an astronomical amount of sensitive information daily—think trillions of transactions annually—and they need to manage that data efficiently and securely. With the rise of AI, machine learning, and real-time data analytics, banks will need to be even more diligent in how they manage and govern their data.

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Tools Data Compliance Regulation 221

PYMNTS

NOVEMBER 27, 2020

These virtual cards can offer valuable protection, as hackers who manage to steal these codes are usually unable to use them for spending sprees. Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. based FinTech Jassby.

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Cards Security Tools Online 197

PYMNTS

JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. It’s an attractive market indeed for investors, with not one, but two Brazilian B2B FinTechs making this week’s venture capital roundup. Until then, PYMNTS rounds up the most recent B2B FinTech investment rounds below. Authenticiti. Remessa Online.

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America Fintech Capital Regional 182

PYMNTS

AUGUST 7, 2020

-based small business lending platform iwoca, which secured $131.45 The company did not divulge details as to when it secured the investment, or from whom, but instead chose to focus on its efforts to support small business recovery and accelerating access to capital for struggling firms. billion, it said. billion, it said.

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Fintech Capital New Jersey Payments 251

PYMNTS

MAY 7, 2020

That’s Visa Senior Vice President and Global Head of FinTech Terry Angelos reflecting on the impact of the rapid shift to digital for consumers and businesses around the globe who en masse began living many aspects of their personal and business lives in a mostly digital world — literally all at once, overnight.

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Fintech Meeting Bitcoin Payments 238

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. The platform is designed for both corporate borrowers and their lenders, integrating both sourcing and loan management into a single solution.

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Fintech Payments Capital Lending 193

PYMNTS

JANUARY 27, 2021

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. Lackluster customer onboarding authentication is one of the weakest points in most banks’ anti-fraud security systems.

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Security Innovation Fraud Study 213