PYMNTS

JANUARY 25, 2021

The combined company aims to facilitate easier connections between retail and banking customers. A non-bank ATM operator, Cardtronics also offers managed services and payment processing to banks and merchants. With committed financing by Bank of America, NCR is moving to finalize the transaction with cash on hand. .

Advisors 81

Advisors Non-Bank Legal ATM 81

The Fintech Times

APRIL 3, 2024

The American Fintech Council (AFC), the industry association representing responsible fintech companies and innovative banks, is joining forces with the Center for Accelerating Financial Equity (CAFE), which has selected the first cohort of companies in its new fintech accelerator programme.

FinTech 64

FinTech Underserved Non-Bank Innovation 64

Segpay

FEBRUARY 28, 2024

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Non-Compliance Fees Breaking processor terms for excessive chargebacks or returns, late batches, invalid data, or other violations generates non-compliance fees from $25 on up.

Processors 52

Processors IRS Push-to-Card Non-Bank 52

PYMNTS

MAY 19, 2020

The primary backers of this recent funding round are Asia Capital & Advisors (ACA), trade facilitation company Global eTrade Services and Curzon Investments, a new private fund looking at supporting enterprise platforms in trade finance.

Finance 69

Finance Due Diligence Non-Bank Cross-Border 69

Fintech News

FEBRUARY 15, 2024

At the same time, the sector is anticipated to witness a massive wave of consolidation as attractive capital continues to lack, forcing many firms to seek outcomes such as acquisition or closure, partners and advisors of venture capital (VC) firm Lightspeed Venture Partners predict.

Innovation 117

Innovation FinTech Cross-Border Payments Cross-Border 117

The Fintech Times

APRIL 30, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Even our customer support will morph into augmented advisors, enabling the easy and automated utility switching to more suited providers.”

Embedded Finance 109

Embedded Finance Finance Innovation AI 109

PYMNTS

OCTOBER 6, 2020

In the broad category of FinTech, we see Monit as part of the emerging [non-wealth] advisory space. Banks have really struggled to serve SMB customers largely due to products that miss the mark and high sales gearing,” he said. Intelligence Plugin .

Credit Union 118

Credit Union Non-Bank Advisors Economy 118

The Fintech Times

JANUARY 9, 2024

The platform, which is backed by Lloyds Bank, targets cash flow shortages, a primary cause of delayed payments in the construction sector. He joins Optimum with more than 40 years’ experience within invoice finance and the financial services, including a long stint at Lloyds Banking Group.

FinTech 59

FinTech Non-Bank Cross-Border Payments Embedded Finance 59

PYMNTS

JULY 12, 2020

Travelex was recently up for sale, but ended up pulling the breaks on that after the company’s banks and lenders did not like any of the non-binding deals on offer, PYMNTS reported. Morgan , Bank of America , Merrill Lynch , Goldman Sachs and Deutsche Bank , and advisors PwC on how to move forward.

Non-Bank 67

Non-Bank Advisors Blocks Consulting 67

The Fintech Times

MAY 3, 2024

Schwieger currently holds a variety of non-executive director and advisory roles, including as chair of the board of wealthtech platform, Wealthkernel. powered transaction banking technology. Intellect Design Arena Ltd, a cloud-native fintech, has added Rajesh Mehta to its growth advisory board.

FinTech 59

FinTech Small Business Non-Bank Advisors 59

Fintech News

MAY 22, 2024

It includes a suite of financial and non-financial crime risk domains with hundreds of risk indicators and controls, though users can also integrate their own. Many professional advisors also use Arctic Intelligence’s technology to assist their clients with financial crime risk assessments and compliance obligations.

Financial Crimes 93

Financial Crimes Crime APACS Risk Assessment 93

The Fintech Times

MARCH 6, 2024

The regulatory tides may be changing in the US, as the Office of the Comptroller of the Currency (OCC) suggests banks should be doing more to manage risks related to partnering with fintech firms.

OCC 69

OCC FinTech Non-Bank Regulations 69

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers. According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S.

Credit Union 52

Credit Union FinTech BNPL Online and Mobile Banking 52

FICO

SEPTEMBER 30, 2022

She is a top advisor to Fortune 500 companies on responsible artificial intelligence strategy and data innovation practices and serves on several boards advising startups, universities, and other non-profits. Cortnie is also the CEO and founder of AI Truth, a non-profit organization dedicated to responsible creation and use of AI.

Non-Bank 52

Non-Bank AI Financial Inclusion Advisors 52

The Fintech Times

JANUARY 18, 2024

Martin previously set up and led the UK’s National Cyber Security Centre and is an advisor to a number of governments on cybersecurity. Stax , a global strategy consulting firm for private equity firms, hedge funds and investment banks, has welcomed Phil Dunne as managing director. He joins from AutoRek.

FinTech 64

FinTech Cybersecurity Cross-Border APACS 64

PYMNTS

SEPTEMBER 21, 2018

Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. There are 530 blockchain startup companies based in Switzerland’s Crypto Valley, and there are 250 banks in the country.

Blockchain 74

Blockchain Accounts AML Money Laundering 74

Fintech Labs Insights

DECEMBER 21, 2016

At FinovateFall 2016, the company demoed the newest version of its wealth management offering, Mountain View 2 , an onboarding solution that helps advisors interact with clients in a non-intrusive and compliant manner. Working with Scotia Bank and M&T Bank. Agreement Express advisor workspace. Company Facts.

Agreements 15

Agreements Advisors Non-Bank Correspondent 15

PYMNTS

JUNE 16, 2020

Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the company’s banks and lenders, Financial Times (FT) reports.

Non-Bank 52

Non-Bank Advisors Breach Finance 52

PYMNTS

FEBRUARY 16, 2020

13) that SMBs will soon face new risks for holding off on tax payments and using the Australia Tax Office (ATO) “as a bank.”. He said businesses that serve as advisors to SMBs, along with accountants and brokers, should all make sure business owners know the law.

Laws 53

Laws Non-Bank Advisors Accounts 53

PYMNTS

SEPTEMBER 25, 2019

Bank said it has struck pacts with seven leading data aggregator and FinTech companies to speed and streamline connections with customers who want to share data with third-party applications. Bank builds up its new U.S. Bank Developer Portal. Bank account information, as directed by the customer.”

FinTech 63

FinTech API Non-Bank Facilitators 63

PYMNTS

FEBRUARY 5, 2019

It also plans to earmark some of the funding to support new branded partnerships with banks, insurance companies and tech firms it is rolling out this year. The future of digital insurance distribution will continually shift to more non-traditional insurance brands.

Non-Bank 72

Non-Bank Advisors Participant Continuity 72

The Fintech Times

MARCH 1, 2024

Open banking and open finance can deliver direct benefits for everyone in the transaction cycle, from merchant to consumer. Consequently, this would free advisors from lengthy data collection and analysis, and give them more time to offer advice. However, some barriers remain stopping all parties from truly capitalising on it.

Finance 59

Finance Non-Bank Use Case Innovation 59

PYMNTS

MARCH 30, 2020

households are stockpiling groceries and putting off purchases of non-essential items. But many other retailers are seriously suffering as households put off non-essential purchases and social distancing keeps people away from the High Street,” said CBI Principal Economist Ben Jones. The results of its survey suggest that U.K.

Non-Bank 56

Non-Bank Economy Advisors Governance 56

The Fintech Times

JANUARY 23, 2024

Funding and investments Ozone API, the open banking API platform, has raised a £8.5million Series A round to fund its continued global expansion. Alba Bank, the UK challenger bank for SMEs, has strengthened its leadership team ahead of its planned market entry, hiring Michael Mustard as general counsel and company secretary.

FinTech 69

FinTech Payment APIs and Integration Agreements Finance 69

PYMNTS

SEPTEMBER 9, 2019

In addition, its interest rates are half those charged by traditional banks, said Arana. Konfio’s technology is also able to keep non-performing loans under control, with the company’s delinquency rate at 4.8 percent for the banking industry. “I It also has access to credit from Bank of Nova Scotia.

Small Business 49

Small Business Non-Bank Advisors Finance 49

Stax

JANUARY 31, 2024

Visa interchange rates are the fees charged by Visa to process transactions between issuing banks and merchants. Visa sets these rates, and they’re non-negotiable for merchants. They cover the costs of managing the network, ensuring security, and facilitating the transfer of funds between banks.

Credit Cards 88

Credit Cards Push-to-Card Processors Transactions 88

Fintech Labs Insights

FEBRUARY 9, 2024

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. We’ve been obsessed with new fintech products since before the term was invented.

Product 15

Product FinTech BNPL Credit Cards 15

Green.Money

JULY 16, 2021

What is amazing to me is these “advisors” always seem to have a mortgage on a home, and they’re paying more in interest to the bank than the bank is paying on their cash. So what is “savings” if it’s not a bunch of stored cash in a bank account or safety deposit box at your local branch? In some years it goes much higher.

Advisors 52

Advisors Non-Bank Bitcoin Processors 52

PYMNTS

JULY 13, 2018

Analysts are warning that rising competition among large lenders and shadow banks to issue junk bonds may cause a “race to the bottom” and uncover greater risks. trillion, and competition is rising as regulators slowly ease restrictions on banks’ corporate lending practices.

Risk 40

Risk Federal Reserve Regulations Non-Bank 40

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 109

FinTech Online and Mobile Banking Blockchain Product 109

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. bank branches in 2017 “reflects the industry’s ongoing evolution to serve customers more effectively while reducing operating costs.”. are also wanting banks to be a universal trusted advisor.

FinTech 70

FinTech Small Business Non-Bank On-Demand 70

PYMNTS

DECEMBER 17, 2018

Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it poses a legitimate threat to traditional banks’ market dominance. In addition to the Open Banking policy, U.K. Key to this solution is the U.K.’s

Small Business 78

Small Business Finance Non-Bank Assessments 78

PYMNTS

MAY 31, 2018

Community banking may get a boost from technology, if recent activity is any indication. In Florida, reported American Banker – in the community banking realm – Seacoast Banking has paired with SmartBiz Loans to shorten the loan approvals process. Joint efforts from community banks are reportedly picking up steam.

Community Banks 41

Community Banks FinTech Non-Bank Small Business 41

PYMNTS

JULY 11, 2018

On another note, China Banking and Insurance Regulatory Commission (CBIRC) official Fan Wenzhong believes that the world shouldn’t “mythologize blockchain,” Cryptovest stated. Consumers transfer dollars from their bank accounts to their wallets. The value of pilfered Ethereum is about $12.5

Bitcoin 40

Bitcoin Breach Security Blockchain 40

PYMNTS

JUNE 12, 2017

According to a report , SBI Group, Bank of America Merrill Lynch and HSBC led the investment, which included more than 40 participants, including R3 members ING, Barclays and UBS. Broadhaven Capital Partners was the sole advisor to R3 on this deal. Broadhaven Capital Partners was the sole advisor to R3 on this deal.

Blockchain 43

Blockchain Non-Bank Participant Advisors 43

FICO

SEPTEMBER 19, 2022

These rules require the debt collectors and recoveries staff to—if non-complaint—make significant changes on how and when they can communicate with debtors. Banks and financial institutions have always sought to gain a realistic awareness of their customers’ wants, needs, likes, and dislikes.

Regs 52

Regs Consumer Financial Protection Bureau (CFPB) CFPB Regulations 52

Green.Money

OCTOBER 31, 2019

Never pay regular bank rates over 15-30 years. In most Caribbean destinations, the taxes are low or non-existent for foreign investors, and what you pay now will double or triple by the time you retire. He frequently speaks at business conventions and is a paid advisor to multiple corporations. Head to the Caribbean.

Non-Bank 52

Non-Bank Advisors Checks Processors 52