PYMNTS

NOVEMBER 20, 2020

African FinTech Chipper Cash has landed a whale of an investor. The startup has since expanded into eCommerce with a service targeted at retailers and other online merchants, Chipper Checkout. Chipper, though, is just the latest African FinTech to attract the attention of investors. And the investments have kept coming in 2020.

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Chris Skinner

OCTOBER 4, 2017

It also usually proves to be one of the most read items on my blog – here’s the 2015 and 2016 reports – so, as … The post The top trends in retail banking innovation appeared first on Chris Skinner's blog.

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PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. 40%: Approximate share of people who would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs. 75M: Amount of Yotpo’s recent funding round.

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Bank Innovation

JANUARY 29, 2020

With nearly 200 startups, five major banks, 19 venture capital firms and representation from large tech companies like Google, Facebook, PayPal, Toronto is quickly becoming a center for fintech entrepreneurship.

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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. Airwallex Taps Deutsche Bank.

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PYMNTS

DECEMBER 27, 2020

The second trial of digital yuan by the People's Bank of China has concluded, resulting in hundreds of thousands spent on eCommerce retail, food delivery and ride-sharing, The Wall Street Journal (WSJ) reports. The trial began earlier in the month as authorities handed out 20 million digital yuan, or $3.1

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PYMNTS

DECEMBER 9, 2020

When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. The Outsourced FinTech Opportunity. For a consumer-facing retailer, these workflows can be unfamiliar and add a flood of friction into the sales process.

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Payments Dive

JANUARY 3, 2025

A Consumer Financial Protection Bureau lawsuit alleges the retailer and fintech Branch Messenger illegally opened accounts for drivers, and deposited their pay into accounts without their consent.

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Payments Dive

APRIL 24, 2024

The fintech One now offers buy now, pay later financing at the store chain, presenting competition for Affirm, which has partnered with the retail giant since 2019.

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Bank Innovation

DECEMBER 10, 2019

based growth equity firm, closed its second fintech valued at $375 million this week. Centana Growth Partners, a New York and Palo Alto, Calif.-based The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.

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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 billion raised in the Q1, according to Forrester. Privacy.com.

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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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PYMNTS

JANUARY 23, 2020

23) passed a ban on cashless food and retail stores. And in Singapore, global FinTech Rapyd announced a new platform that will allow both consumers and businesses to go totally cashless. The New York City Council on Thursday (Jan. The ban was reportedly spearheaded by Councilmember Ritchie Torres.

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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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Bank Innovation

NOVEMBER 13, 2017

EXCLUSIVE – British bank Barclays is teaming with fintech startup Flux in a trial that allows users to view digital itemized receipts in real-time. The trial will take place on the Barclays’ Launchpad App, the platform the bank uses to test new features.

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PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” FinTech AutoFi Launches Division For Businesses That Offers Financing Services. L’Occitane’s U.S. percent seen in December 2019.

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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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Payments Dive

MARCH 17, 2025

The Swedish buy now, pay later business partnered with a Walmart-backed fintech to offer loans at the retail giant via a digital payments app.

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PYMNTS

NOVEMBER 17, 2020

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. In a statement , HSBC Bank USA Head of Retail Business Banking Shaun McDougall said fueling the SMB community is important to support the broader U.S.

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Bank Innovation

APRIL 21, 2020

Lenders have had to spend unprecedented funds on compliance in the first quarter, which could shift resource allocation at banks and credit unions and hamper post-pandemic fintech partnerships.

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PYMNTS

JANUARY 25, 2021

Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange.

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PYMNTS

DECEMBER 1, 2019

Lenders are hoping to stave off mobile competition by expanding retail banking. FinTech is helping to transform daily consumer life in Nigeria and other developing markets. Africa’s most populous country — roughly 200 million people — is behind in offering mobile banking compared to the rest of Africa.

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PYMNTS

NOVEMBER 9, 2020

In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. UK FinTech Startups Scrambling As No-Deal Brexit Looks Probable. 31 deadline is approaching as the European Union and U.K.

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PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. Robinhood ’s platform is popular with amateur retail investors, particularly millennials and Gen-Zers.

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PYMNTS

OCTOBER 30, 2020

29) that retail investors in mainland China made over $2.8 The news comes after it was reported that Ant Group’s pending public offering could bring about a multibillion-dollar reward for a small collection of foreign investors, who purchased a part of the Chinese FinTech two years prior. Ant Group indicated on Thursday (Oct.

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Groups Retail Report Fintech 223

PYMNTS

JANUARY 20, 2020

An idea that may get a splash of cold water is that the development of a digital fiat (at least, in Australia) would lead to a groundswell of payments at the retail point of sale — in other words, through a boost in use cases. What It Won’t Do. There are inherent risks, too.

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Bank Innovation

FEBRUARY 15, 2020

Lured by friendly regulators, fintechs have proliferated and investors have poured billions into companies that have rattled centuries old, high-street lenders. Defying the gloom around the financial services industry in post-Brexit Britain, the U.K. has maintained its edge in fostering the industry’s digital revolution.

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PYMNTS

FEBRUARY 7, 2020

The company develops supply chain management and logistics solutions to optimize delivery for retailer and manufacturer clients, targeting elevated visibility and real-time data accessibility. The company plans to use the new funding to further build out its CDX Platform, a continual-learning portal to drive logistics improvements.

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Bank Innovation

FEBRUARY 26, 2020

Fintechs, aggregators and banks may agree on data sharing, but accountability should be equally assigned to all parties, according to JPMorgan Chase. At an industry forum in Washington, D.C., Natalie Williams, general counsel for responsible banking and data at Chase, said each party should be held to the same standards as banks.

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Fintech Washington Data Industry 243

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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PYMNTS

NOVEMBER 24, 2020

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as $100 billion, Bloomberg said.

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PYMNTS

MARCH 10, 2020

The National Retail Federation (NRF) led off the week revising its estimates for supply chain disruption as it is seeing member reports that indicate larger than expected issues. A survey of its members found that 40 percent are seeing disruptions, and 26 percent expect to see disruptions.

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PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. Volopay is building out its FinTech platform designed to streamline financial control for businesses. The company recently announced $6.5

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Payments Dive

DECEMBER 4, 2023

The fintech, founded in the U.K. expects its pay-by-bank services for bank clients will eventually lure retailers. and now building up operations in the U.S.,

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PYMNTS

NOVEMBER 2, 2020

Yi, speaking at Hong Kong FinTech Week on Monday (Nov. 2), said that FinTech companies have some "key advantages" over traditional banks in terms of developing a customer base and curbing risk. The trial was rolled out in four cities earlier this year.

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Fintech Retail Report Payments 290

PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Grab Financial Group offers payments and financial services including lending, insurance and retail wealth management throughout Southeast Asia. initial public offering of at least $2 billion in the wake of failed merger talks with Indonesian rival Gojek.

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South State Correspondent

OCTOBER 24, 2024

These authorized third parties could be banks, fintech companies, or data aggregators. For efficiency, banks should give special consideration to data aggregators that can also help with retail and commercial accounting opening, onboarding, and maintenance, as well as with compliance and know-your-customer requirements.

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