General

General (41)

ChrysCard Wins 'Hackathon' with Credit Card Consolidation Platform

ChrysCard, a “streamlined credit payment platform” developed by two Harvard Business School students, was named the winner of the 2020 CB Insights Future of Fintech Global Innovation Challenge, according to award sponsor Galileo.

Read more...

AI’s Big Potential in Financial Services Up Against Major Adoption Hurdles

Artificial Intelligence is being underutilized in the financial services sector. And, when it is being deployed, it is falling short of meeting customer expectations, according to a report from the Capgemini Research Institute.

Read more...

Q3 VC Funding Strong As U.S. FinTechs Enjoy Attention: Report

Despite a number of lingering economic and political uncertainties, venture capital (VC) funding is up for a second straight quarter with fintechs enjoying much of the fresh financial injection, according to a recent analysis from KPMG.

Read more...

FIS Demo Day Features Top Tech, Highlights Arkansas’ Commitment to Incubation

Identity authentication company TrustStamp was named the “Audience Choice” winner at the fifth annual FIS Fintech Accelerator program’s Demo Day. Further, FIS and the State of Arkansas jointly announced the program’s extension into 2021.

Read more...

Financial Services Panel Investigates Big Tech’s Role in Lending

Ensuring consumers have the tools necessary to understand how the ever-blurring line between technology companies and banks impacts their services was at core of a virtually hosted congressional hearing on Tuesday, Sept. 29.

Read more...

Varo Lands Historic Fintech Banking Charter As OCC Makes Big Moves

As the world celebrated the godfather of banking, Cosimo Medici, on World Fintech Day, one can’t help but wonder what he would think about the institution he helped create now holding currency that, well, can’t really be held at all.

Read more...

Florida and Israel Open Up the Fintech Playbook with New Sandboxes

Add Florida and Israel to the list of places willing to let fintechs roam a little freer as both locations are opening up new sandboxes for companies to explore. In Florida, Gov. Ron DeSantis recently signed into law new legislation, HB 1391, to create a financial technology sandbox through the state’s Office of Financial Regulation.

Read more...

Stripe Atop the 8th Annual CNBC Disruptor 50 List

CNBC released its eighth-annual list of startup companies whose innovations and products are driving the market and rapidly influencing business across the globe. This year, its Disruptor 50 rankings also take into account companies’ ability to thrive as the world prepares to come through the COVID-19 pandemic, which has drastically altered both the world’s economy and what constitutes “normalcy.”

Read more...

UK Dominates Fintech Sector as Traditional Banks, Fintechs Becoming 'Indistinguishable'

Investment in the U.K.’s fintech sector is vastly outpacing Europe and the U.S., as the former has seen a 500% increase over the last three years. That's according to a white paper from Robert Walters.

Read more...

M&A to Bring Investor Liquidity as Deals Stall in Q1: Report

Fintech financing has been turned on its head, and a new report from CB Insights illustrates some dramatic shifts in both the number of deals taking place and the total funding being thrown around in the sector. The report considers partnership activity, public company earnings transcripts, vertical financial analysis and the full amount of money included in deals taking place worldwide.

Read more...

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.