Fintech News

MAY 13, 2024

Embedded insurance refers to the integration of insurance products into non-insurance platforms or experiences, such as e-commerce, travel or healthcare. In Singapore, AXA launched in 2017 an insurance-as-a-service (IaaS) API platform to link insurers and non-insurance retailers and enable embedded-insurance propositions.

Embedded Finance 103

Embedded Finance Non-Bank Finance Consulting 103

Finovate

JUNE 6, 2024

Crédit Agricole Next Bank has launched a new lead management platform and CRM courtesy of a partnership with InvestGlass. The new offering will help the bank deal with new customer growth and increasing linguistic diversity among its clients and employees. CRM option.

CRM 52

CRM Non-Bank Automation Compliance 52

The Fintech Times

JUNE 27, 2024

Appointments Atom bank , the UK app-based bank, appoints Gareth Jones as its new chief risk officer. He replaces Chris Sparks, who is retiring after nine years at the bank. Jones joins Atom bank from The Co-operative Bank , where he has worked for 26 years, most recently as chief risk officer.

FinTech 59

FinTech Non-Bank Online and Mobile Banking Participant 59

The Fintech Times

SEPTEMBER 4, 2024

Appointments Malcom Finance ( formerly 4Trans) , a fintech company specialising in financial services for supply chain and logistics SMEs, has appointed the founder of Twisto as a non-executive director. The Bank of London has revealed that its founder, Anthony Watson CBE, is stepping down from his role as CEO.

FinTech 64

FinTech Non-Bank Cross-Border Reconciliation 64

Fintech Finance

FEBRUARY 6, 2024

Once this card payment central infrastructure is established as a part of NPS-NCS, banks and financial institutions in Nepal will be able to provide domestic NEPALPAY cards to their customers which will help increase acceptance, implement data localization and reduce transaction charges. billion people.

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

PYMNTS

MARCH 12, 2020

Now, a new report is asking a good question: What if the post office expanded its retail offerings? While the GAO is not talking about selling coffee, sandwiches or sleepwear at the post office, they are considering expanding services that make the PO a destination, particularly in rural areas. billion in 2018, which was down from €5.6

Non-Bank 67

Non-Bank Governance Government Posting 67

FICO

JANUARY 8, 2018

Here were the top 5 posts of 2017 in the Fraud & Security category: AI Meets AML: How the Analytics Work. Two of the top posts of the year related to this topic, with TJ Horan explaining why advanced analytics are needed. Read the full post. This new data follows a 546 percent increase in compromised ATMs from 2014 to 2015.

AML 53

AML Posting AI Suspicious Activity Report (SAR) 53

Fintech Finance

JANUARY 18, 2024

Neal takes the helm from Jon Prideaux, who announced his intention to retire in July 2023, and will remain on the Board as a Non-Executive Director. Boku CEO Stuart Neal brings more than 20 years of payments, banking and innovation leadership experience to Boku, combined with a deep understanding of the Boku business.

Non-Bank 52

Non-Bank Payment Solutions Returns Accounts 52

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 130

Online and Mobile Banking Treasury Non-Bank Finance 130

PYMNTS

MAY 24, 2019

In an effort to bolster non-cash payments in Vietnam, the country’s government is endeavoring to make a mobile money sandbox for companies in the telecom space. The plan is pending approval and could allow firms to test services for mobile money that are not connected to bank accounts of consumers, Deal Street Asia reported.

eWallet 43

eWallet Non-Bank Central Bank Payments 43

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 135

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 135

FICO

APRIL 8, 2016

The FICO® Card Alert Service has just released some startling stats: The number of ATMs in the US compromised by criminals rose 546 percent in 2015 over 2014. The biggest targets were non-bank ATMs, such as those in convenience stores, where 10 times as many machines were compromised as in 2014. Interested in more?

ATM 45

ATM Compromise Card Issuer Non-Bank 45

FICO

SEPTEMBER 21, 2016

Online banking electronic payments fraud is on the rise, as fraudsters explore security gaps in the emerging banking channels. For instance, data released by Financial Fraud Action UK , shows that UK online banking fraud losses increased by 38% in 2014 from 2013, and by 64% in 2015 from 2014.

Payer 64

Payer Payee Fraud Detection Payments 64

PYMNTS

DECEMBER 10, 2016

Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. Laplanche is Renaud Laplanche, Lending Club’s colorful and highly quotable founder and first CEO, and he had that effect on a lot of people during the eight years between Lending Club’s IPO in 2014 and its beginnings.

Non-Bank 73

Non-Bank Compliance Push-to-Card Origination 73

Fintech Labs Insights

JULY 23, 2015

Five Finovate alums – including three innovative bank partners – have made it to the finals of the BAI Global Banking Innovation Awards 2015. Lending Club , Moven , and PayItSimple will compete for top honors in the “Most Innovation Non-Bank Financial Services Organization Award.”

Innovation 24

Innovation Non-Bank Origination Product 24

Fintech Labs Insights

OCTOBER 22, 2020

Today, I watched a 10 impressive demos at DC Fintech Week ( see list at bottom of post ). They were founded in 2014, but the big funding ($20M) did not arrive until after the pandemic. Digital Banking Challenger AidBanc Tackles the Money Management Headaches of Global Non-Profits (Fintech Startup of the Week).

Product 15

Product FinTech NOV Non-Bank 15

PYMNTS

JUNE 1, 2016

According to a PayPal survey conducted in 2014, 53 percent of smartphone users made purchases using their mobile devices. Tourism is said to have accounted for 12 percent of Turkey’s GDP in 2014 and its 37 million tourists that year made it second only to Italy as a favorite global tourist destination. PayPal applied and was rejected.

Regulations 40

Regulations Cross-Border PayPal Online and Mobile Banking 40

Fintech Labs Insights

DECEMBER 30, 2016

Still, how hard would it be to throw a couple non-denominational snowflakes on top of your logo and wish everyone a happy holiday? In our annual holiday survey of the 25 largest banks, we found only two, PNC Bank and Key , that acknowledged the year-end holidays on their homepages. ———-. 2016 Holiday Messages.

Non-Bank 20

Non-Bank Credit Union Community Banks Participant 20

Fintech Labs Insights

AUGUST 16, 2016

iBank Marketing offers a new experience driven by combining financial/non-financial services to retail customers and new marketing opportunities to corporate customers. Over 10 years’ experience in corporate planning division of Japanese regional bank. The post FinovateFall Sneak Peek: iBank Marketing appeared first on Finovate.

Non-Bank 15

Non-Bank FinTech Posting Consumer 15

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Fintech Labs Insights

JANUARY 4, 2016

Urban FT has reimagined the traditional banking experience by enabling customers to not only track their spending, but also engage with the purchasing experience. Using the Urban FT platform, prepaid card issuers and telco companies are able to offer white-labeled digital banking services. Facts: Founded: 2012. HQ: New York City.

Non-Bank 21

Non-Bank Card Issuer P2P Issuers 21

Nanonets

JULY 10, 2024

Automation of document scanning: Governments or large businesses such as banks process many handwritten forms with identical formats for various purposes (e.g., Visa application, bank transfer). in 2014, is a neural network that comprises two sub-networks — a generator and a discriminator.

Database 96

Database Process Use Case Correspondent 96

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

CB Insights

OCTOBER 29, 2018

Date: April 25, 2014. Ballmer led Microsoft’s purchase of Nokia for over $7B in a deal finalized in 2014. Date: January 13, 2014. In 2014, Google sought to make an entrance into smart homes by acquiring Nest Labs, a four-year-old startup founded by two ex-Apple engineers, Tony Fadell and Matt Rogers. Price: $7.9B.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

PYMNTS

AUGUST 11, 2020

However, Deutsche Bank analyst Jeriel Ong has doubts about the sustainability of Apple’s recent meteoric rise. Meanwhile, Bank of America lowered its rating on Apple last week, arguing that the shares’ rocket-like gains aren’t sustainable in the near term. At the time, it was embroiled in a brutal antitrust lawsuit with the U.S.

Non-Bank 48

Non-Bank On-Demand Caps Innovation 48

Fintech Labs Insights

DECEMBER 15, 2016

Above: Personal Capital’s Bill Harris (CEO) and Jim Del Favero (Chief Product Officer) demo at FinovateSpring 2014. That’s double what the company’s valuation was after its Series D funding round closed in 2014 and $200 million shy of competitors’ valuations.

Non-Bank 17

Non-Bank Advisors Accounts Product 17

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% It offers a range of services including a white-label payment gateway for banks and institutions, and an all-inclusive payment gateway solution for merchants. #4

FinTech 98

FinTech APACS Payment APIs and Integration Multi-Currency 98

Fintech Labs Insights

NOVEMBER 12, 2014

Definition : Neo-Bank Delivering banking services without touching the funds - This morning, Celent''s Stephen Greer published a post called, The Challenges of the New Neo-Bank , where he says: In recent months, the neo-bank model (e.g. Stephen goes on to lay out four scenarios for the future of neo-banks: 1.

Non-Bank 30

Non-Bank P2P Blocks Accounts 30

CB Insights

AUGUST 15, 2018

The following is a guest post by Kyle Holm (Partner, Pre-IPO Compensation Practice Leader at Radford) and Kelsey Owen (Director, Pre-IPO Compensation Practice at Radford ). Don’t break the bank for every hot candidate in every business function. The state of the startup market is strong. RESEARCH BRIEFING: Emerging Startup Hubs.

Rules 34

Rules Legal Non-Bank Adjustments 34

Fintech Labs Insights

DECEMBER 13, 2016

Continuing our series on wealth tech ( check out our first post highlighting top trends ), I wanted to step back and look at the industry as a whole. Technology from traditional wealth management firms, alternative investment solutions from non-bank players, and tools to support financial advisors all fall under wealth tech.

Advisors 18

Advisors FinTech Automation Non-Bank 18

Fintech Labs Insights

JANUARY 13, 2016

Can you imagine spending as much time with your banking app as you do with Facebook or Twitter? Not only can FINANTEQ imagine it, but with its new banking app, SuperWallet , the Polish spin-off from eLeader is doing everything it can to make it happen across Europe and, soon, the U.S. Headquartered in Lublin, Poland.

Innovation 15

Innovation Online and Mobile Banking Non-Bank Mobile Banking 15

Fintech Labs Insights

NOVEMBER 23, 2015

Founded February 2014. The analytics suite offers a real-time bank reconciliation view that shows both sides of all transactions. The company’s configuration tool has a drag-and-drop WYSIWYG interface which enables non-technical employees to quickly bring new products to market with no need for IT involvement.

Product 14

Product Technology Cross-Border Payments Cross-Border 14

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The Rundown on the Run-up to the Decisions.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

APRIL 26, 2018

A New York senator has proposed legislation that would make retail banking services available at all 30,000 U.S. has proposed the Postal Banking Act, which would include services such as small-dollar consumer loans that offer low fees and low interest rates. Postal Service locations nationwide. Postal Service could make $8.9

Consumer Financial Protection Bureau (CFPB) 47

Consumer Financial Protection Bureau (CFPB) Posting CFPB Wire Transfer 47

PYMNTS

APRIL 29, 2019

And a Prime customer who spends $1,400 each year, more than twice that of non-Prime shoppers. PayPal created certainty by getting sellers paid while making sure buyers got their stuff, while keeping buyers’ bank accounts and payment credentials secure and private. Delivery from those non-Amazon merchants remains a mixed bag.

Online and Mobile Banking 64

Online and Mobile Banking Consumer PayPal Non-Bank 64