The Fintech Times

SEPTEMBER 14, 2024

Governmental initiatives In 2016, the Taiwan government launched a new industrial development policy to expedite transformation and upgrades – the ‘Five Plus Two’ Industrial Innovation Plan. Additionally, nearly 80 per cent of these banks utilise blockchain technology, particularly for certifying letters of credit.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

CB Insights

JUNE 17, 2021

From digital banking and lending to budgeting and payments, tech giants are revamping their financial services offerings through partnerships with legacy institutions and in-house solutions that fit into their wider product ecosystems. . How big tech’s product strategies differ across banking, payments, lending, and e-commerce.

FinTech 100

FinTech Non-Bank Participant Product 100

Finextra

JUNE 30, 2025

From virtual assistants to risk modeling and hyper-personalized customer experiences, banks are betting big on AI to transform operations, reduce costs, and redefine digital engagement. This global heatmap of AI in banking draws on fresh data, case studies, and market insights to uncover the evolving landscape of AI adoption.

AI 69

AI Finance Fraud Detection Use Case 69

The Fintech Times

APRIL 15, 2025

Nonetheless, in the face of this hardship, fintechs have still continued to emerge and find success in the region, and across 2024, investment levels surged back up over $2billion again. From 2011 to 2016, he also served as CEO of Goldman Sachs Brazil. Artificial intelligence is the next frontier and a non-negotiable one.

Embedded Finance 59

Embedded Finance Finance Non-Bank Financial Inclusion 59

PYMNTS

DECEMBER 27, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The Emergence Of The Global Citizen. 2016 saw more people transacting across borders in larger sums than ever before.

Cross-Border Payments 45

Cross-Border Payments Cross-Border Payee Payer 45

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

PYMNTS

DECEMBER 29, 2016

There seems to be no shortage of action in the corporate banking space, whether it be scandals (like Royal Bank of Scotland’s Global Restructuring Group fiasco ), cyberattacks (such as the $81 million stolen from the central bank of Bangladesh) or anomalies like Brexit impacting top financial institutions across the globe.

FinTech 72

FinTech Security Cybersecurity Non-Bank 72

PYMNTS

OCTOBER 23, 2018

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. The solution is supported across 89 countries and can make conversion in 41 currencies, the bank noted. In a press release issued Monday (Oct.

Automation 76

Automation Cross-Border Payments Cross-Border Non-Bank 76

FICO

MARCH 29, 2017

ATMs and merchants monitored rose 70 percent in 2016. ATMs, restaurants and merchants rose 30 percent in 2016. Here’s some more details: About 60% of the compromises were at non-bank ATMs, such as those in convenience stores. The 2016 average duration is less than a third of the average duration in 2014, 36 days.

ATM 72

ATM Debit Card Compromise Point-of-Sale (POS) 72

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 117

FinTech Cross-Border Payment APIs and Integration Credit Cards 117

Fintech News

FEBRUARY 7, 2024

Fintech funding in Southeast Asia, Source: Fintech – SEA Annual Funding Report, Tracxn, Quarter 4, 2023, Jan 2024 Other nations including Indonesia, the Philippines and Thailand also witnessed some noteworthy fintech VC rounds in 2023, paving the way for continued momentum in 2024 onwards. Soft Space – US$31.5

FinTech 109

FinTech Online and Mobile Banking Non-Bank On-Demand 109

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. The accountant is then able to choose the best option for the company, and continues as the point of contact for funding providers.

Small Business 78

Small Business Finance Non-Bank Accounts 78

Fintech Review

MAY 14, 2025

The concept originated with the UKs Financial Conduct Authority (FCA) in 2016 and has since spread globally. Potential for Uneven Playing Fields: Some critics argue sandboxes may favour participants over non-participants, creating competitive imbalances.

Innovation 52

Innovation FinTech Cross-Border Regulations 52

The Fintech Times

SEPTEMBER 16, 2024

While oil and gas remain the backbone of Brunei’s economy, since 2010, the non-oil and gas private sector has grown by 2.6 Although there are at least seven commercial banks, only two of them compete for the majority of users. For example, last year, BIBD announced its plans to be a digital-first bank.

Economy 59

Economy Central Bank Non-Bank FinTech 59

PYMNTS

SEPTEMBER 26, 2016

That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). Checks have decreased for years and continue to do so, down 10.8 As a result, the call for banks to keep pace continues. billion transactions. percent growth the previous year (387.3

Payments 73

Payments Fraud Detection Non-Bank Volume 73

Fintech News

FEBRUARY 7, 2024

Fintech funding in Southeast Asia, Source: Fintech – SEA Annual Funding Report, Tracxn, Quarter 4, 2023, Jan 2024 Other nations including Indonesia, the Philippines and Thailand also witnessed some noteworthy fintech VC rounds in 2023, paving the way for continued momentum in 2024 onwards. Soft Space – US$31.5

FinTech 98

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

PYMNTS

NOVEMBER 30, 2019

billion in 2016 from $9.3 Still, it set a precedent for Monopoly add-ons, which continue to emerge to this day.”. The newest version of Monopoly is called “Monopoly Voice Banking.” Even with such advances, though, expect non-digital board games to keep thriving, at least if current trends hold.

Non-Bank 84

Non-Bank Online and Mobile Banking Research Consumer 84

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. When I founded my first startup, it got me thinking — banks are middlemen that can and should be disrupted,” Laplanche noted in a 2007 interview on how he came up with the idea of Lending Club.

Non-Bank 73

Non-Bank Compliance Push-to-Card Origination 73

PYMNTS

JANUARY 15, 2019

challenger banks Tide and ClearBank are teaming up to apply for a portion of the $1 billion made available by Royal Bank of Scotland (RBS) to promote banking competition, Tide announced Monday (Jan. ” Their collaboration combines Tide’s digital SMB banking platform with ClearBank’s payments infrastructure.

Non-Bank 60

Non-Bank Government Governance Risk Management 60

PYMNTS

JANUARY 12, 2017

banks — and large banks everywhere — are losing market share in their corporate clients’ FX needs, new data revealed. banks has declined — as has the number of companies using a U.K. bank as their primary provider of FX services. banks has declined — as has the number of companies using a U.K.

Non-Bank 40

Non-Bank Volume Research Service Provider 40

PYMNTS

OCTOBER 6, 2017

At least, that’s the case in England anyway, with Bank of England ’s (BOE) Chief Cashier Victoria Cleland adamantly stating that “cash is not in decline.”. 5, continuing the argument that, despite the fact that non-cash purchases and transactions are on the rise in the U.K., Very notable in the U.K.

Non-Bank 48

Non-Bank Digital Payments Bitcoin Cryptocurrency 48

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 133

Online and Mobile Banking Treasury Non-Bank Credit Cards 133

Finovate

DECEMBER 4, 2023

With Visa’s investment, we will continue to bring our bold vision of shaping the future of embedded finance to life.” It’s the continuation of an extensive and productive partnership between Visa and Enfuce.” billion (nearly €2 billion) in transactions annually for clients including Pleo , OKQ8 and Memo Bank.

Embedded Finance 59

Embedded Finance Non-Bank Disputes Participant 59

PYMNTS

NOVEMBER 27, 2018

They’re also taking their toll on the non-bank mortgage lenders that proliferated in the good old days of zero or near-zero interest rates, compliments of the Federal Reserve. The Incredible Shrinking Non-Bank Mortgage Lending Market. Instead, they often rely on short-term bank loans – now also at a more expensive rate.

Non-Bank 46

Non-Bank Underwriting Federal Reserve Origination 46

PYMNTS

MARCH 4, 2017

And as traditional financial institutions (FI) begin to view the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. . How can banks stay competitive while still cooperating with FinTechs? But there are issues abound.

API 78

API Payment APIs and Integration Innovation Privacy 78

PYMNTS

AUGUST 29, 2017

In corporate finance, chatbots are gaining steam in areas like banking and accounting. To highlight this trend, eft pointed to some historical data in its Hot Trends in Supply Chain report: 79 percent of businesses said they were not engaging with chatbots in any capacity in Q4 2016. This, too, was a surprise to Garner.

Blockchain 75

Blockchain Automation API On-Demand 75

PYMNTS

AUGUST 27, 2019

FS Vector’s partner John Collins — head of policy at Coinbase from September 2014 to January 2016 — will serve as Facebook’s lobbyist. . The hiring comes at a time that Facebook’s launch of Libra continues to get pushback from lawmakers. The members all made a non-binding promise to invest at least $10 million.

Cryptocurrency 57

Cryptocurrency Regulations Non-Bank Blockchain 57

PYMNTS

MARCH 4, 2017

And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. . How can banks stay competitive while still cooperating with FinTechs? But issues abound.

API 76

API Payment APIs and Integration Innovation Privacy 76

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy. Shifts in Lending Practices.

OCC 46

OCC Office of the Comptroller of the Currency Money Laundering Non-Bank 46

PYMNTS

JANUARY 9, 2020

The country’s P2P industry, although just a small portion of overall lending, is nevertheless a compelling credit source for businesses and consumers that can’t obtain loans through China’s traditional banking system. Stronger regulatory rules compelled P2P services to plunge to 343 last year compared to 2,680 in 2016.

P2P 52

P2P Shutdown Non-Bank Regulations 52

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. Continue to reduce any buying/selling friction. Increase the number of customers on Amazon, and enable each customer to spend more.

Online and Mobile Banking 101

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

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.

Innovation 65

Innovation AI Payment APIs and Integration Online and Mobile Banking 65

PYMNTS

FEBRUARY 27, 2017

Tungsten’s Orbian partnership follows the firm’s decision to sell Tungsten Bank at the end of 2016. Vira also told PYMNTS the solutions offered by the duo do not in fact offer up competition for banks or other traditional lenders.

Finance 58

Finance Non-Bank Agreements Facilitators 58

FICO

JANUARY 11, 2017

Looking at credit bureau data as of July 2016, medical collections reporting – both paid and unpaid collections greater than $99 – breaks down by age as follows: While the peak of this curve occurs at age 27, the rate of consumers with medical collections is uniformly high for ages 24 to 46. New FICO research shows that not this not the case.

Consumer 67

Consumer CFPB Research Non-Bank 67

PYMNTS

FEBRUARY 14, 2018

Reuters, citing the Federal Reserve Bank of New York, reported that household debt for the U.S. On a year-over-year basis, the household debt of Americans was $402 billion higher than the fourth quarter of 2016. The latest numbers, which include non-real estate debt, grew at an 8.83 percent from 2.4 billion in October.

Federal Reserve 44

Federal Reserve Non-Bank Adjustments Credit Cards 44

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 113

FinTech Online and Mobile Banking Blockchain Product 113

PYMNTS

AUGUST 7, 2019

FreshBooks aims to differentiate itself by creating easy-to-use accounting software that has a non-accountant user in mind while delivering “best-in-class” customer service, the company said in an announcement. In February of this year, FreshBooks announced the addition of bank reconciliation and double-entry accounting to its software.

Small Business 51

Small Business Non-Bank Reconciliation Accounts 51