Nerd's Eye View

JANUARY 1, 2024

This month's edition kicks off with the news that held-away asset management platform Pontera has raised $60 million in venture capital funding as advisors increasingly seek to directly manage clients' 401(k) and other outside assets – although an ongoing investigation by Washington state regulators over whether advisors' use of Pontera violates (..)

Planning 90

Planning Compliance Technology Startups 90

PYMNTS

JULY 3, 2018

In the life of a startup, there’s no better news than growth, be it across new verticals, devices or geographies. As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints.

Startups 40

Startups Compliance Currencies Leverage 40

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. CNBC reported that the Silicon Valley startup has raised more than $1 billion in funding this year.

Compliance 145

Compliance Communication Startups Retail 145

The Finance Weekly

JANUARY 1, 2023

Once again 2022 was not a boring year, both for world events and finance in particular, and the growing number of readers and widely diverse range of topics attests to that. In addition to being a year of instability and economic challenges, 2022 was also a year of increased focus on compliance and data security. Click , here to read.

Finance 98

Finance Compliance Economics Prioritization 98

PYMNTS

MARCH 23, 2016

The R3 effort aims to explore how these financial institutions can work with the R3 startup group. Post-bitcoin phase has opened new opportunities; indeed, financial institutions have already started to study and experiment with blockchains, and a large number of related startups have been funded.”.

Startups 50

Startups Banking Compliance Leverage 50

PYMNTS

SEPTEMBER 29, 2020

29) announced a deal for the AML platform of Beam Solutions , a San Francisco-based startup that focuses on transaction monitoring and helping financial companies comply with KYC regulations. The Palo Alto-based firm on Tuesday (Sept. The announcement comes on the heels of Jumio’s Sept.

Compliance 61

Compliance Leverage Startups Numbers 61

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number.

Startups 70

Startups Compliance Risk Management Securities 70

Nerd's Eye View

NOVEMBER 7, 2022

As with Altruist, the ‘other’ new startup RIA custodian to launch in recent years, Entrustody is pledging to have a more modern interface with a better user experience, more and deeper integrations, and a more transparent price structure than ‘traditional’ custody services.

Compliance 73

Compliance Communication Startups Technology 73

Nerd's Eye View

AUGUST 7, 2023

This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate planning documents, as it joins FP Alpha in the competition to become 'Holistiplan for estate planning (..)

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Planning Technology Compliance 88

PYMNTS

NOVEMBER 25, 2019

The cost of the new taxes does not seem to be weighing businesses down, but the pain of compliance certainly is, he said. . The United States’ current array of remote sales tax laws is causing chaos for some companies, particularly SMBs and startups, Isaacson said. Remote Sales Tax Laws: Winners and Losers .

Economics 52

Economics Sales Compliance Auditing 52

PYMNTS

AUGUST 6, 2020

FT reported a check of recent regulatory filings revealed the number was increased by more than half. Regulatory experts told FT the central bank was implementing higher standards among fast-growing, so-called challenger banks, the name given startup digital banks, as a condition of easing restrictions that have limited competition.

Banking 78

Banking Profit and Loss Auditing Startups 78

PYMNTS

OCTOBER 21, 2020

Silicon Valley neobank startup Unifimoney is partnering with Singapore FinTech startup Nium for real-time money transfers across the globe, the companies said in a statement on Wednesday (Oct. Neobanks are increasing in number as FinTechs continue disrupting legacy banking. Gabriel Grisham , vice president, head of U.S.

Startups 57

Startups Education Compliance Banking 57

PYMNTS

JANUARY 6, 2020

A total of 336 Chinese startups have shuttered after raising Rmb 17.4 Businesses To Spend $55B On CA Privacy Law Compliance. Startups are popping up to help companies deal with the law; there are at least 200 companies right now, but none of them have a completely comprehensive solution. Chinese Tech Sector Faces Capital Crunch.

Compliance 52

Compliance Startups Numbers 52

BlueLight

AUGUST 21, 2020

Financial Advice for Startups I recently spoke with finance leaders from a couple dozen startups. I caught up with Ryan Keating, Managing Director of Keating Consulting Group , to get his perspective after 20 years of accelerating growth in venture-backed startups. Compliance ?—?We An Interview with Ryan Keating?—?Financial

Planning 52

Planning Marketing Startups CFO 52

PYMNTS

APRIL 4, 2019

Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. And on Wednesday (April 3), Austin-based cookware startup Made In announced it had closed a seed funding round. million: Number of credit union members in the U.S. All this, Today In Data.

Technology 46

Technology Prioritization Compliance Startups 46

PYMNTS

MARCH 17, 2020

To stay competitive, especially with digital startups unencumbered by legacy systems, traditional financial institutions (FIs) need to deliver seamless customer services to individual consumers and enterprise customers alike. With global reach, Caldeira said, comes the need to scale globally, too.

Foreign Exchange 91

Foreign Exchange Compliance Securities Startups 91

The Finance Weekly

MARCH 5, 2024

Surprisingly, Excel was the number one solution, despite being the nemesis of IT professionals. Another interesting finding is that IT managers are not afraid to adopt solutions from startups with good track records on review sites like G2 and Capterra. This question was tricky, and we were eager to see the results. The Winners!

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

PYMNTS

APRIL 23, 2019

Revolut is making some changes to its business practices and company culture as the company aims to move from a startup to a global bank. We didn’t really have enough budget to hire a lot of great people in compliance,” he said.

Compliance 67

Compliance Advertising Leadership Budgeting 67

PYMNTS

JUNE 24, 2019

With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. Sberbank Croatia is among the financial institutions (FIs) partnering with other platforms for more flexible compliance solutions. For more GDPR and PSD2 news, visit the Tracker’s News & Trends section.

Banking 64

Banking Compliance Advertising Startups 64

PYMNTS

JUNE 8, 2020

A number of conservative lawmakers are especially worried about Chinese takeovers, but there are concerns that new dictates could increase tensions. Jack Ma’s Alibaba began funding American startups in 2013 and put money into firms such as Snap and Lyft before their initial public offerings (IPOs).

Compliance 52

Compliance Investments Securities Startups 52

PYMNTS

NOVEMBER 25, 2019

In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information. But the cyber thief got users’ names, phone numbers, billing addresses, account numbers and plan information.

Securities 52

Securities Accounts Payable Startups Transportation 52

PYMNTS

AUGUST 4, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. A big problem with compliance, in general, is false positives. However, the majority of the transactions, around 77 percent, remained unclassified. “A

Compliance 46

Compliance Currencies Financial Systems Startups 46

PYMNTS

SEPTEMBER 15, 2016

But “second year” is also a great phrase, especially if you’re a blockchain startup. Although the proportion of blockchain startups remained the same as last year, most of them are still developing products or even have yet to see significant growth. Past second, let’s skip over three to the number four.

Problem Solving 76

Problem Solving Startups Compliance Finance 76

PYMNTS

JUNE 29, 2020

The coronavirus pandemic and its boost to online commerce has provided a major lift to Stripe , the San Francisco-based startup whose software provides the backbone for eCommerce networks around the world. “Stripe allows us to scale our payments system effortlessly,” said Davy Mao, an engineer at Figma, in a press release.

eCommerce 53

eCommerce Invoicing Compliance Startups 53

PYMNTS

MARCH 29, 2019

To that end, Passbase , a digital identity (ID) startup based in London, has focused on serving as “the Stripe of user identification,” as noted in an analogy by Co-founder and COO Dave McGibbon during an interview with Karen Webster. However, the two sides of any given transaction may never see one another, so trust is crucial.

Compliance 68

Compliance Startups Risk Management Leverage 68

PYMNTS

MAY 23, 2018

As noted in last week’s PYMNTS Gig Economy Index , 35 percent of today’s workforce participates in the gig economy, and that number could swell to as many as 50 percent over the next two years. That makes payouts of primary importance, says Bruce Parker, founder and CEO of the FinTech startup Modo. The gig economy has become a $1.4

Reconciliations 40

Reconciliations Compliance Startups Accounting 40

PYMNTS

AUGUST 21, 2017

With an early string of alternative lenders having a tough go of it, startups looking to raise money are having to show how they will avoid the woes of the online lenders before them. But Lending Club ran into trouble with compliance requirements, resulting in the resignation of CEO Renaud Laplanche.

Startups 40

Startups Compliance Investments Securities 40

Future CFO

MARCH 20, 2020

If you think a finance person is focused only on numbers and shy away from changes, think again. Compliance: Finance plays a leading role in in the compliance committee in Microsoft to ensure a culture of compliance. It helps me relax and take my mind off numbers. VN: I’m interested in startup business.

CFO 52

CFO Finance Leadership Compliance 52

PYMNTS

AUGUST 2, 2017

Japanese tech startup and messaging app maker Line announced on Tuesday (August 1) that it is rolling out a taxi-booking service in Thailand’s capital of Bangkok. In a news statement, Line told TechCrunch its new service was created “in compliance with the Department of Land and Transport (DLT)’s regulations and Thai laws.”

Startups 40

Startups Transportation Compliance Banking 40

PYMNTS

NOVEMBER 5, 2019

Also, Uber ’s Q3 results beat analyst estimates in terms of headline numbers. And Singapore FinTech startup Nium is dropping its pursuit to compete for a digital wholesale banking license in the city-state. Uber ’s Q3 results beat analyst estimates when it comes to headline numbers.

Profit and Loss 40

Profit and Loss Leverage Startups Compliance 40

PYMNTS

OCTOBER 27, 2016

We want to be known as the WhatsApp of Money,” said Brion Nazzaro, group compliance director at WorldRemit. Ahmed was a compliance advisor to the United Nations East Africa Remittance Program, specifically aiding companies in their own compliance with anti-money laundering regulation, which was introduced in the wake of 9/11.

Compliance 74

Compliance Startups Banking Planning 74

Nerd's Eye View

OCTOBER 19, 2022

State-registered firms generally must have at least one IAR registered in each state where the firm itself is registered, and SEC-registered firms need only register IARs who work with a certain number of clients.

Investments 52

Investments Startups Numbers Securities 52

PYMNTS

FEBRUARY 4, 2019

Bud, a FinTech startup based in the United Kingdom, said Monday (Feb. The collaborative nod comes as Open Banking picks up steam, along with PSD2, which amid new data compliance rules also seek to foster competition for consumers’ share of mind and wallet. 4) that it has grabbed $20 million in funding.

Banking 55

Banking Compliance Startups Investments 55

PYMNTS

AUGUST 14, 2018

No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. In the world of transaction monitoring for compliance, the spreadsheet becomes the all in all: a ledger, analytics, tracking, case management and auditing tool. Build vs. buy.

Compliance 40

Compliance Auditing Risk Analysis Prioritization 40

PYMNTS

JUNE 26, 2018

As startup Tipalti looks ahead to its global expansion, these were the questions on leadership’s mind, so the company conducted a study to find out. By automating management of multi-currencies, multi-entities, global payments and foreign transaction fees, he said organizations can minimize the number of new hires they must make to expand.

Startups 44

Startups Compliance Currencies Numbers 44

PYMNTS

SEPTEMBER 22, 2017

To that end, artificial intelligence got a boost this week when Salesforce announced that it is launching a $50 million venture fund to invest in AI-focused startups. Fizzle Of The Week: Startups. Startup formation is fizzling, according to New York Times reports – and dragging down the rest of the economic landscape with them.

Startups 43

Startups B2B Economics Investments 43

PYMNTS

DECEMBER 19, 2018

To that end, in South Korea, a number of government ministries are looking into blockchain, eyeing the potential boost distributed ledger technology can give to marine logistics. The startup helps other firms access APIs that in turn work with health firms and their systems. As Coindesk reported Tuesday (Dec.

Healthcare 62

Healthcare Auditing B2B Compliance 62