Sat.Jan 22, 2022 - Fri.Jan 28, 2022

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Making the Case for an Interoperable Directory to Facilitate Faster Payments

Faster Payments Council

This infographic, developed by the FPC Directory Models Work Group, takes its two recent white papers on directory models for faster payments and reduces both into easily digestible content for better industry understanding. The infographic outlines the key core and value-added characteristics that can strengthen the value of a directory service and highlights several areas where a directory can provide efficiencies, revenue, and cost savings.

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State Of Fintech 2021 Report

CB Insights

Global fintech deals and dollars reached record highs in 2021. Funding more than doubled year-over-year as private market deal activity soared across sectors and geographies. In our State Of Fintech 2021 Report, we dive into global investment trends to spotlight takeaways including: Fintech accounted for $1 in every $5 of global venture funding. The metrics behind $100M+ mega-rounds, how mega-rounds compare against total global fintech funding, and which region had the highest number of mega-rou

FinTech 74
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New study by IDC reports on the future of consumer payments

The Paypers

US-based market research company IDC has published a new research , which forecasts that 74% of consumer payments will be handled by non-traditional financial institutions by 2030.

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Meet The 2022 FICO Decisions Awards Winners!

FICO

2022 FICO Decisions Award Winners - Decisions That Matter. I am thrilled to announce the winners of the 2022 FICO® Decisions Awards. . This year we have 11 winners across 8 award categories representing companies from every corner of the globe. Many entries this year demonstrated innovative use of technology and creative thinking to respond to the challenges of the pandemic.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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The power of platforms to transform telecommunications – Part 1

Axway

This article is Part 1 of a four-part series on the power of API-powered platforms to transform the telecommunications industry. Here, we discuss the game-changing nature of platforms using the automotive industry as an example.

API 52
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State Of Fintech 2021 Report

CB Insights

Global fintech deals and dollars reached record highs in 2021. Funding more than doubled year-over-year as private market deal activity soared across sectors and geographies. In our State Of Fintech 2021 Report, we dive into global investment trends to spotlight takeaways including: Fintech accounted for $1 in every $5 of global venture funding. The metrics behind $100M+ mega-rounds, how mega-rounds compare against total global fintech funding, and which region had the highest number of mega-rou

FinTech 68

More Trending

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FICO Services: Smooth and Steady Over Holiday Crunch

FICO

Just as Black Friday and Cyber Monday drive peak volumes in retail sales, both in stores and online, they also drive peak volumes for FICO. Businesses around the world depend on our hosted services for everything from new account onboarding to transaction monitoring and fraud protection, and transaction volumes soar during the busy holiday period. This is when the stability of the FICO network shines.

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The power of platforms to transform telecommunications – Part 1

Axway

This article is Part 1 of a four-part series on the power of API-powered platforms to transform the telecommunications industry. Here, we discuss the game-changing nature of platforms using the automotive industry as an example.

API 52
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Moss Valuation Hits $567M For Its Expense Management And SMB Credit Card Technology. Moss Competitors Include Spendesk, Pleo, Payhawk, Brex, And Soldo

CB Insights

Fintech company Moss has raised $85M in a Series B. The round drew participation from Capital-A and Tiger Global Management. How’s the company performing? Germany-based Moss provides corporate credit cards and expense management solutions to small- and medium-sized businesses (SMBs). The company integrates with Datev, an accounting software based in Germany.

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Square launches in Spain

The Paypers

Square , a company specialising in software, payments, and hardware solutions for businesses of all sizes, has launched in Spain following an Early Access Programme.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Top 5 Scores Topics of 2021

FICO

In 2021, the financial services world continued to grapple with the uncertainty brought on by year two of the COVID-19 pandemic. Despite the continued concerns, we were encouraged to see the growth of the average U.S. FICO® Score, as stated in our top post of the year. Other top FICO Scores posts explored the expansive reach of the FICO® Score suite, as well as dispelling common misconceptions surrounding FICO® Scores.

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The power of platforms to transform telecommunications – Part 1

Axway

This article is part 1 of a three-part series on the power of API-powered platforms to transform the telecommunications industry. Here, we discuss the game-changing nature of platforms using the automotive industry as an example.

API 52
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Plaid Acquires Identity Verification Technology Firm Cognito For $250M — Cognito’s Competitors Include Veriff, Jumio, Onfido, And Persona

CB Insights

Plaid , an open banking fintech unicorn, has acquired Cognito , an identity verification startup, for $250M in cash and stock. WHO ARE THE PARTIES TO THE DEAL? Cognito: California-based Cognito provides business and consumer identity verification and compliance solutions. The company currently has over 300 clients, and it has verified 76M IDs to date.

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Santander Bank launches its own BNPL service, Zinia

The Paypers

Spain-based bank Santander has announced its in-house developed BNPL solution, Zinia, will be available across the bank’s markets starting in 2022.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Creating a Secure High-Risk Merchant Account in 2022

Payment Savvy

Along with COVID-19 came a sharp increase in cybercrime. Unfortunately, high-risk merchants are among the most vulnerable to these cyber assaults. As a result, it’s critical for merchants to stay up to speed on the latest developments in merchant account security. Better yet, if you choose a payment provider offering cutting-edge tools and solutions, you can rest assured your high-risk merchant account is evolving to adopt the latest security technology as new threats appear.

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Top 5 Debt Collection and Recovery Posts of 2021

FICO

2021 saw debt collection and recovery professionals grappling with new regulations while they developed better ways to monitor and handle vulnerable customers during the pandemic. Our most popular posts in this category last year dealt with valuable disciplines, collections predictions, multi-channel vs. omnichannel communications, collections optimization and digital-first collections approaches for the COVID-19 period.

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Nowsta Raises $41M For Its Gig Economy-Focused Workforce Management Software. Nowsta Competitors In The Hypercompetitive Workforce Scheduling And Time Tracking Space Include Quinyx, Shiftsmart, Fountain, And When I Work, Among Others.

CB Insights

Nowsta , a workforce management software provider, has raised $41M in a Series B that drew participation from GreatPoint Ventures, VMG Catalyst, and Rally Ventures, among others. HOW’S THE COMPANY PERFORMING? New York-based Nowsta’s on-demand labor marketplace connects employers and skilled workers and provides tools to hire, manage, and pay hourly workers.

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PayPal launches 'Pay Later' in Germany

The Paypers

PayPal has expanded its ‘Pay Later’ solution in Germany with a new payment option, ‘Payment after 30 days’

PayPal 74
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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.

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Top 7 bitcoin payment gateways for merchants

Ikajo

Why should sellers look for bitcoin payment gateways? The answer is simple. Cryptocurrencies, along with bitcoin, functionalize too long to ignore them. Statista shares that bitcoin’s market capitalization formed 53% of the total cryptocurrencies’ market cap in 2019. According to the same source, bitcoin payments amounted to 3% of global preferred payment methods in 2017.

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9 Steps to Improve Contact Data Quality in Debt Collection

FICO

Debt collection is about contacting customers, and that only works with correct contact data. Contact data quality in debt collection is a common challenge, and we often get asked how to best address this. 1. Get Contact Data Before You Need It. It is much easier to get valid contact data from your customers than from a third party. And updating contact data when you need to contact a customer as part of a collections process is typically much harder than in originations or account management.

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Creditas Valuation Hits $4.8B For Its Secured Lending Platform For Latin America. Creditas’ Competitors In The Increasingly Hot LatAm Fintech Space Include Kavak, ADDI, And Ali Credito, Among Others.

CB Insights

Creditas , a digital lending platform, has raised $260M in a Series F round that drew participation from SoftBank Group, VEF, Fidelity Investments, Lightrock, and Wellington Management, among others. HOW’S THE COMPANY PERFORMING? Brazil-based Creditas (formerly BankFacil) offers collateralized loans to consumers. The company expects that its annualized revenue for 2021 will come in at $200M.

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Fintech Farm to launch neobanks in 8 countries

The Paypers

UK-based startup Fintech Farm has raised over USD 7 million to launch neobanks in eight countries until 2024.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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The 34 Biggest Fintech Conferences & Events in 2022

Fintech Labs Insights

Here is the definitive list of fintech, banktech, insurtech, investtech and defi events for 2022. For the most part, event planners are anticipating in-person gatherings, often with a virtual option. But you best investigate refund options if Covid continues to find ways to keep us from freely traveling. The events, dates and prices were up-to-date at the time of publication, but always check here for the latest.

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Top 5 Customer Development Posts of 2021

FICO

Managing risk and improving the customer experience during a pandemic presented credit professionals with new sets of challenges. The most popular posts in our Customer Development category dealt with credit card payments, open banking, trends for financial services and small business lending — as well as FICO’s listing as a top risk management firm.

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Globalization Partners Valuation Climbs To $4.2B For Its Global Payroll Service Focused On Remote Employees. Globalization Partners Competitors Include Deel, Oyster, Papaya Global, Remote, Panther, And Velocity Global

CB Insights

Globalization Partners , an AI-driven employment platform, has raised $200M in an extended private equity round with participation from Vista Equity Partners. HOW’S THE COMPANY PERFORMING? Massachusetts-based Globalization Partners enables businesses to hire talent across areas including finance, legal, and accounting to build remote teams. In 2021, the company’s new customer acquisition increased 2.5x from 2020, including 44% growth from Q3’21 to Q4’21.

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Brazil's Central Bank creates system for customers to check receivable funds from banks

The Paypers

The Central Bank of Brazil has created a service allowing citizens and companies to consult if they have money to receive from banks and other entities in the financial system.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Top 21 Online Digital Accounting Services for Small Businesses (SMB): Jan 2022

Fintech Labs Insights

Companies of all sizes need bookkeeping and accounting services. And it’s an ideal service to consume digitally. When I started reporting on the space in the mid-90s, I thought banks would end up delivering the bulk of basic accounting functions through their online banking programs. But so far I’ve been proven wrong. There is too much nuance, too many gray areas, too much liability and too much competition for traditional banks to make a material profit.

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Top 5 Decision Management Posts of 2021

FICO

The technology of advanced decision management is changing rapidly, as businesses worldwide pursue automated, analytics-powered decisions as an essential part of their digital transformation. The 5 top posts for decision management on the FICO Blog last year dealt with digital transformation in insurance, automated originations, responsible AI, model governance and, strangely enough, movies!

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Gale Healthcare, A Marketplace Connecting Nurses With Healthcare Facilities, Raises $60M — Its Competitors Include Trusted Health, ShiftMed, Nomad Health, CareRev, And Incredible Health

CB Insights

Gale Healthcare Solutions , a temporary healthcare staffing platform, has raised $60M in growth equity funding from FTV Capital. HOW’S THE COMPANY PERFORMING? Florida-based Gale Healthcare Solutions connects nurses and healthcare professionals with open positions at health facilities. The company maintains a network of 500+ nursing professionals — they support 39K+ clinicians that collectively deliver more than 10M hours of care and services across 38 states.

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Bank of East Asia proposes USD 372 mln share buyback

The Paypers

Hong Kong-based Bank of East Asia has declared it intends to buy back 8.43% of its total issued shares worth USD 372.65 million owned by Elliot Investment Management 's affiliated entities, Reuters states.

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.