The Fintech Times

MARCH 28, 2024

Paymob, a provider of financial services in the Middle East, North Africa, and Pakistan (MENAP), has teamed up with MID Takseet, a consumer finance company, to enhance access to consumer finance solutions in Egypt. MID Takseet offers advanced non-banking financial solutions, fostering growth for businesses and customers.

Finance 64

Finance Point-of-Sale (POS) Consumer Online and Mobile Banking 64

The Fintech Times

APRIL 29, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. As the space rapidly develops, we look to highlight the latest developments, initiatives and challenges embedded finance has to offer and overcome across the globe.

Embedded Finance 64

Embedded Finance Financial Inclusion Finance Alternative Payment Methods 64

Fintech News

SEPTEMBER 17, 2024

UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables instant money transfers between two bank accounts through a mobile platform. These guidelines enable non-bank entities to enter the payment aggregation business and expand their scope to include the import of services.

Digital Payments 106

Digital Payments Credit Cards Payments Online and Mobile Banking 106

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. year over year, from 20.7 million in 2020 to hit 47.8 million by 2026.

Visa 59

Visa Accounts Issuers Online and Mobile Banking 59

Neopay

FEBRUARY 26, 2024

New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks and payment providers. European banks are also migrating core banking systems to public cloud and SaaS in greater numbers than their counterparts in other regions.

Online and Mobile Banking 52

Online and Mobile Banking Non-Bank Underserved AI 52

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

The Fintech Times

MARCH 1, 2024

Payments giant Mastercard has launched its new ‘Open Banking for Account Opening’ programme for select US debit and prepaid products, hoping to streamline and secure account opening. In a recent study, Insider Intelligence found that Gen Z mobile banking adoption continues to rise by 12.4 million in 2020 to 47.8

Card Issuer 64

Card Issuer Issuers Visa Online and Mobile Banking 64

PYMNTS

SEPTEMBER 11, 2019

Make that leather wallet a mobile one, wielded on smartphones. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation. As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually.

Non-Bank 64

Non-Bank Online and Mobile Banking Authorization Regulations 64

The Fintech Times

MAY 22, 2024

Last year, UK Finance announced that over £1.2billion was stolen through fraud throughout 2022. However, in its latest report published today, the UK banking and financial services trade association announced that there was a four per cent decrease in the amount stolen to £1.17billion in 2023.

Scams 59

Scams Finance Push-to-Card Romance Scams 59

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

The Fintech Times

APRIL 2, 2024

Partnerships Adyen, the global financial technology platform, has partnered with PayMe by HSBC in Hong Kong to become an acquirer for the mobile payment service. Through this partnership, Adyen’s merchants can now accept PayMe as a payment method when their Hong Kong customers check out their purchases online.

FinTech 59

FinTech Online and Mobile Banking Non-Bank Payment Solutions 59

Fintech News

AUGUST 26, 2024

It’s a tale of a cultural shift, governments and innovators working in tandem, and millions leapfrogging traditional banking to embrace a mobile-first approach to finance. The region’s historical challenges with traditional banking access have paradoxically catalyzed innovation.

APACS 115

APACS PCI DSS Push-to-Card Online and Mobile Banking 115

PYMNTS

MARCH 13, 2019

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop. Today, he explained, small businesses often do the bare minimum to manage finances, despite the rise in FinTech platforms and products available to them.

FinTech 67

FinTech Online and Mobile Banking Small Business Payment APIs and Integration 67

The Fintech Times

JULY 16, 2024

’s CEO Chris Jurasek joins as non-exec chair, while Emma Brown joins as chief financial officer. Stéphane Besson joined CUBE’s board earlier this year and continues as non-exec director. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

FinTech 52

FinTech Online and Mobile Banking Non-Bank Payment Gateways 52

The Fintech Times

JANUARY 25, 2024

In its latest survey, consumer finance company Digido found that 80 per cent of Filipinos believe that formal credit options became more accessible in 2023. Other positive factors include a convenient repayment schedule (43 per cent), application through a mobile app (42 per cent) and attractive interest rate (30 per cent).

Online and Mobile Banking 59

Online and Mobile Banking Non-Bank Credit Cards Assessments 59

PYMNTS

JULY 8, 2016

The travel and expense management space has earned a place as a top adopter of mobile solutions for the enterprise. But new data says other aspects of corporate finance are quickly joining the mobile solution bandwagon.

Mobile Banking 40

Mobile Banking Online and Mobile Banking Small Business Non-Bank 40

The Fintech Times

MAY 2, 2024

A report by Innovate Finance indicated that global investments in fintech decreased by 42 per cent. This was supported by business-friendly financial technology regulations and the widespread adoption of digital banking services. This represents Visa’s first project in the local open banking sector.

Online and Mobile Banking 59

Online and Mobile Banking Cross-Border Mobile Payments Non-Bank 59

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

Fintech News

JUNE 20, 2024

OpenWay , a provider of digital payments technology to banks, processors, national payment switches, and mobile wallet operators, found that clients are recognising the benefits of AI. For OpenWay’s client LOTTE, a consumer finance brand in Southeast Asia, Gen AI is one of the investment priorities for 2024.

Use Case 120

Use Case AI Multi-Currency Payments 120

PYMNTS

JANUARY 9, 2017

50 million in financing from the British Business Bank landed at Funding Circle , on the condition that the funds be used to finance SMEs, reports said this week. million has been financed to startups via a new venture from InnoVen Capital , an India-based venture capital company that formed its Credit Assistance Program.

Finance 45

Finance Online and Mobile Banking Small Business Non-Bank 45

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. Soft Space – US$31.5

FinTech 106

FinTech Online and Mobile Banking Non-Bank On-Demand 106

Stax

FEBRUARY 28, 2024

In this article, we’ll be examining fully-integrated terminals, semi-integrated terminals, and non-integrated terminals. What is a Non-Integrated Terminal? It’s possible to have a non-integrated system, but this is becoming increasingly less common. A Comparison of Different Payment Terminal Setups?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

PYMNTS

DECEMBER 28, 2020

Her job required her to use the T-Chek system to pay for expenses incurred by truck drivers, but the individual reportedly altered the reports so that reimbursements would be paid to her personal bank account. In another case, the Bank of Ireland intercepted a $1.34 million business email scam. "We

B2B 116

B2B Email Compromise NACHA Small Business 116

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

Fintech Finance

MARCH 26, 2024

Account to Account (A2A) payments (instant payments and bank transfers) such as PIX in Brazil, UPI in India, or iDEAL in the Netherlands are revealed as the fastest growing payment method within ecommerce. Far East & China is a mobile wallet dominated market, with great emphasis on “superapps” such as WeChat and Alipay.

Consumer 52

Consumer Payments Online and Mobile Banking Research 52

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. Soft Space – US$31.5

FinTech 98

FinTech Online and Mobile Banking Non-Bank On-Demand 98

Stax

AUGUST 20, 2024

And it’s all thanks to embedded finance and embedded fintech. Embedded finance isn’t entirely a new concept. Airline credit cards, payment plans for costly items, and car rental insurance are forms of embedded finance that have been around for a while. Everything is done under one platform.

Embedded Finance 88

Embedded Finance Finance FinTech Payment APIs and Integration 88

Fi911

AUGUST 31, 2023

Key information includes: Finance Charges: The complete cost of the loan, including interest and other charges assessed over the term of repayment. Total Amount Financed: The total amount of credit provided to the borrower, assuming it’s a fixed amount and not an ongoing credit line. Why was the Truth in Lending Act Passed?

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) Risk Mitigation Non-Bank Online and Mobile Banking 52

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. Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? banks collected $15.47 by Darryl Knopp.

Credit Union 52

Credit Union FinTech BNPL Online and Mobile Banking 52

PYMNTS

AUGUST 4, 2016

The latest news on mobile payments shows that the big banks are wanting in on the mobile wallet race, but are they already too far back in the pack? Here’s the latest news on the mobile + payments + commerce front. Miami Transportation To Offer Mobile Payments. Miami Transportation To Offer Mobile Payments.

Mobile Payments 40

Mobile Payments Online and Mobile Banking Non-Bank Payments 40

Nanonets

FEBRUARY 13, 2024

It comes with clear, concise guidelines that tell your team how to spend company cash without sparking a finance team meltdown. Here’s the breakdown: Guidelines on Reimbursable vs. Non-reimbursable Expenses : It clearly outlines what expenses are on the company’s dime and what’s not.

Compliance 52

Compliance Non-Bank Automation Duplicate 52

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Online and Mobile Banking 15

Online and Mobile Banking Innovation FinTech NOV 15

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

PYMNTS

NOVEMBER 10, 2017

The company announced $220 million in equity and debt financing this week, with its Series B-plus round led by the Alibaba Hong Kong Entrepreneurs Fund, the World Bank International Finance Corporation and Credit Suisse, reports in TechCrunch said. The funding comes nearly two years after a $160 million Series B funding raise.

Finance 40

Finance B2B Online and Mobile Banking Small Business 40

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Banks 52

Community Banks FinTech Small Business FDIC 52

PYMNTS

SEPTEMBER 27, 2016

One where a trip to the grocery store or the bank is a thing of the past (if it isn’t already). consumers preferred shopping for groceries online and having them delivered to their homes. online grocery sales amounted to about $7 billion in 2015 and are expected to rise to $18 billion by 2020. In 2016, 5 percent of U.S.

Mobile Payments 72

Mobile Payments Online and Mobile Banking On-Demand Payments 72

PYMNTS

DECEMBER 31, 2020

percent made purchases via mobile in the last 24 hours. 31 percent bank via app. 56 percent of restaurants with customers who are using mobile order-ahead features more often have experienced increased revenues. Accelerating The Real-Time Payments Demand Curve: What Banks Need To Know About What Consumers Want And Need.

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111