PYMNTS

APRIL 9, 2019

While use of trade finance continues to climb, the International Chamber of Commerce ‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower segment.

Finance 63

Finance Risk Mitigation Underwriting Mitigation 63

Fintech News

SEPTEMBER 4, 2024

These companies, which represent countries such as Malaysia, the Philippines and South Korea, are tackling challenges in sectors such as lending, banking, and business finance, leveraging innovative business models and cutting-edge technologies to boost efficiency and enhance accessibility across the financial services industry.

FinTech 118

FinTech Cross-Border Payment APIs and Integration Credit Cards 118

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., Plaid is unlocking payroll data to ease access to federal financing. Catch up on the most recent efforts to unlock, share and integrate bank data below.

Finance 67

Finance Payment APIs and Integration Cross-Border Payments Cross-Border 67

PYMNTS

JUNE 7, 2019

Post-financial crisis, FinTech shed light on the plight of small and medium-sized businesses (SMBs) seeking capital, often shunned by banks — thanks to a lower risk appetite and more stringent regulations. According to Lackland, angel investors and venture capitalists are often the only options for startups in need of financing to grow.

Finance 51

Finance Underwriting Non-Bank Risk 51

Fintech News

MAY 7, 2024

HashKey Group – US$100 million, Series A HashKey Group, a cryptocurrency firm headquartered in Hong Kong, said in January that it had raised nearly US$100 million after the completion of a Series A financing round. billion data points to banks and financial institutions every year to facilitate faster decisioning, and processing 1.7

Payment APIs and Integration 128

Payment APIs and Integration Non-Bank Finance FinTech 128

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 132

Online and Mobile Banking Treasury Non-Bank Finance 132

Tearsheet

AUGUST 7, 2024

This collaboration aims to provide corporate clients with improved short-term financing options and embedded payment solutions at the point of sale. We have chosen Slope to help provide our clients with a solution to offer short-term financing as an extension of payment terms to their business customers, powered by Slope’s platform.

AI 59

AI B2B Finance Underwriting 59

The Fintech Times

OCTOBER 2, 2024

Open finance aims to give third-party providers access to a wider range of financial data, extending beyond just banking services. To explore the challenges preventing the widespread adoption of open finance, we reached out to industry leaders for their insights. This, he believes, will help restore consumer confidence.

Finance 59

Finance Privacy Non-Bank Authentication 59

The Fintech Times

MARCH 1, 2024

Open finance has huge potential if organisations can fully utilise it. Exploring how this can best be achieved, the Centre for Finance, Innovation and Technology (CFIT) published its latest report. Open banking and open finance can deliver direct benefits for everyone in the transaction cycle, from merchant to consumer.

Finance 59

Finance Non-Bank Use Case Innovation 59

Fintech News

FEBRUARY 8, 2024

The year 2023 marked a pivotal moment for the fintech industry, with the prevailing global funding trends encapsulating a period of introspection and recalibration amidst a backdrop of economic fluctuations, including notable bank failures and precipitous cryptocurrency downturns. Ushering in Insurtech 2.0 Insurtech 2.0

FinTech 109

FinTech Embedded Finance B2B Volume 109

Fintech News

FEBRUARY 8, 2024

The year 2023 marked a pivotal moment for the fintech industry, with the prevailing global funding trends encapsulating a period of introspection and recalibration amidst a backdrop of economic fluctuations, including notable bank failures and precipitous cryptocurrency downturns. Ushering in Insurtech 2.0 Insurtech 2.0

FinTech 106

FinTech Embedded Finance B2B Volume 106

Fintech News

DECEMBER 20, 2023

Buy now, pay later (BNPL) arrangements, a type of short-term financing that allows customers to make purchases and pay for them in monthly installments, are growing strongly around the world, picking up steam among both customers and merchants. million in 2023.

BNPL 107

BNPL Consumer Financial Protection Bureau (CFPB) Settlement Non-Bank 107

PYMNTS

SEPTEMBER 2, 2020

Canada’s largest private non-bank payment processor, filed for an initial public offering (IPO) in Canada Tuesday (Sept. The lead underwriter for the offering is Goldman Sachs Canada in cooperation with book managers Credit Suisse Securities Canada Inc, BMO Nesbitt Burns Inc. Nuvei Corp. and RBC Capital Markets.

FinTech 91

FinTech Payments Push-to-Card Underwriting 91

PYMNTS

JUNE 15, 2020

For Aion Bank , based in Belgium, that means understanding the global operations of SMBs, as well as their local challenges as a company in Belgium and the broader European Union. There are unique challenges for SMBs operating in Belgium and the broader EU that banking solution providers should consider, said Czuba. ”

Cross-Border 98

Cross-Border Non-Bank Addressing Underwriting 98

Finovate

DECEMBER 16, 2024

Capitalise, a business finance platform based in the U.K., has forged a strategic partnership with data and open finance network Plaid. The collaboration integrates Plaid’s open banking services with Capitalise’s Instant Offers to simplify and streamline small business funding. are embracing open banking technology.

Small Business 59

Small Business Non-Bank Risk Assessment Finance 59

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. firm that bridges companies with a range sources to obtain loans, equity financing or grants.

Small Business 78

Small Business Finance Non-Bank Assessments 78

PYMNTS

APRIL 9, 2020

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in loans through the coronavirus crisis, Reuters reported.

Federal Reserve 70

Federal Reserve Fed FinTech Small Business 70

PYMNTS

MAY 30, 2018

Financing of all sorts was on the downswing, and SMB owners began dipping into their own piggy banks before seeking a lending agreement. That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017.

Underwriting 46

Underwriting Small Business Federal Reserve Community Banks 46

PYMNTS

JANUARY 9, 2017

5) that it is integrating the solutions of Capify’s own small business financing operation — a move that, while not officially considered a merger, will see a merging of the two companies in some ways. Both companies have been in the non-bank SME financing industry for more than 10 years, the firms said.

Finance 40

Finance Underwriting Non-Bank Small Business 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

The Fintech Times

APRIL 23, 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 59

Embedded Finance Finance Payment APIs and Integration Governance 59

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43

Finance Risk Mitigation Risk Non-Bank 43

PYMNTS

JANUARY 28, 2021

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in which banks hold the upper hand, commercial lending included. But an overwhelming surge in demand painfully exposed traditional banks' biggest shortcomings in business lending.

Embedded Finance 65

Embedded Finance On-Demand Underwriting Non-Bank 65

CB Insights

DECEMBER 7, 2017

Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years. Mortgage technology startups are companies that apply digital processes to mortgage origination, underwriting, servicing, investment, and other associated business activities.

Non-Bank 69

Non-Bank Online and Mobile Banking Origination Underwriting 69

Finovate

APRIL 23, 2024

Features Automates the most complex reconciliation or financial ETL in minutes Leverages the power of AI and no-code to give finance teams the superpower of developers Provides native support for live payments data Who’s it for? Banks, credit unions, small businesses, and CDFIs.

Credit Union 52

Credit Union Reconciliation Cross-Border Small Business 52

Fintech News

OCTOBER 28, 2024

Here are the finalists for the SFF 2024 awards: Category #1 Corporates – Emerging Fintech Finalists Fluid Financial Pte Ltd Fluid is a Singapore-based B2B Buy Now Pay Later solution, helping suppliers (both traditional and marketplace platforms) to finance buyers’ purchases at the point of checkout.

AI 99

AI FinTech Innovation Payment APIs and Integration 99

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. But they have not provided lenders and banks with specific guidance on using the data in underwriting.

FinTech 60

FinTech Underwriting Blockchain Non-Bank 60

PYMNTS

NOVEMBER 3, 2020

But as PYMNTS reported in September , Chinese regulators have been boosting their scrutiny of non-bank financial companies. As noted in the company’s listing documents, the company has a wholly-owned subsidiary, Ant Small and Micro Loan, which provides funding through its digital finance technology platform.

NOV 79

NOV Origination Small Business Non-Bank 79

PYMNTS

MAY 15, 2017

Until very recently, the tenor of the relationship between financial services startups and mainstream banking was contentious at best and adversarial at worst. FI.SPAN is something of an expert — pairing banks with those innovators is very much what they do as a connector platform. Unlocking Payments.

Payment APIs and Integration 60

Payment APIs and Integration FinTech API Non-Bank 60

Stax

NOVEMBER 14, 2024

And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

PYMNTS

DECEMBER 15, 2017

According to news from Bloomberg , MarketInvoice’s collaboration with the bank sees the company underwriting small business financing provided by Investec — based in the U.K. MarketInvoice links SMBs to invoice financing services and, through this partnership, will manage underwriting and payment processing.

FinTech 40

FinTech Underwriting Non-Bank Rules 40

Stax

JANUARY 8, 2024

Broadly, these can be classified into the following categories: Compliance risks Potential risks that may arise from non-adherence to any card brand or governmental regulations come under this category. Once the information is collected, PayFacs must render an underwriting decision to approve or decline sub-merchant applications.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

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

Fintech Finance

MARCH 6, 2024

Allianz Trade pay provides simplicity, security, flexibility and competitiveness With its e-commerce credit insurance, Allianz Trade offers real time coverage against non-payment risks to B2B marketplaces, BNPL providers and e-merchants. Concretely, Allianz Trade pay gathers already existing tools along with brand-new services.

B2B 52

B2B BNPL Payment APIs and Integration Multi-Currency 52

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

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. The Two Faces Of Consumer Credit.

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

PYMNTS

MAY 10, 2017

After almost a decade of complaints regarding a lack of access to credit, the Consumer Finance Protection Bureau has announced it will launch an inquiry into the financing needs of SMBs in the U.S. Small businesses fuel America’s economic engine, create jobs and nurture communities.

CFPB 43

CFPB Request for Information Small Business Non-Bank 43