PYMNTS

JUNE 23, 2016

“With this latest funding announcement, we’re extremely excited to continue our work in tackling the issues associated with identity fraud, while continuing to improve access to the financial system for the unbanked and underbanked, whether in established economies or emerging markets,” Sunil Madhu , founder and CEO of Socure, explained.

Investments 42

Investments Securities Compliance Financial Systems 42

PYMNTS

MARCH 4, 2019

Circle , the payments startup backed by Goldman Sachs, announced on Monday (March 4) it closed on its acquisition of SeedInvest , an equity crowdfunding platform that operates a registered broker-dealer. The completion of the deal comes as talk abounds that the company wants to raise $250 million in fresh capital.

Startups 51

Startups Financial Systems Securities Retail 51

PYMNTS

OCTOBER 12, 2016

Blockchain startup contests. With €15,000 in prize money ready to be handed out, BlockchainHub Graz and industry partners have announced a Blockchain Startup Contest. That money will be awarded through two categories: software and hardware startups. The Blockchain Startup Contest is the very thing that the industry needs.

Startups 77

Startups Securities Financial Systems Technology 77

PYMNTS

NOVEMBER 1, 2018

Micro-merchants, such as grocers and “mom and pop” stores, operate largely in cash rather than through safe, secure and swift, digitally enabled transactions. They will also facilitate a FinTech acceleration program to support startups that work to optimize the digital ecosystem for micro-merchants.

Technology 67

Technology Financial Systems Startups Securities 67

PYMNTS

DECEMBER 17, 2019

That’s one of the main messages of a new PYMNTS interview with Regio Martins, CEO and founder of nobli , which aims to enable businesses to offer more forms of collateral when seeking loans — the company’s personal loans are secured by financial collateral. We expand that to include almost every type of financial asset.”.

Financial Systems 54

Financial Systems Startups Treasury Banking 54

PYMNTS

MARCH 26, 2018

B2B payments startup Candex announced $3.5 A press release issued Friday (March 23) said Candex secured the funding from Edenred Capital Partners, Partech Ventures, Advisors.fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures and angel investor Mark Goines. million in new funding late last week.

Accounts Payable 43

Accounts Payable Vendor Management B2B Leadership 43

PYMNTS

OCTOBER 22, 2019

In today’s payments news, British FinTech startup Revolut is teaming with Mastercard to help it expand into the U.S. SoftBank is reportedly in advanced discussions to take over WeWork, which was once one of the hottest startups until it fizzled amid talks of a canceled IPO and internal strife. by the end of this year.

Startups 40

Startups Valuation Economics Financial Systems 40

PYMNTS

JANUARY 17, 2018

Trend Lab, a startup developing artificial intelligence (AI) solutions for the FinTech market, has revealed it secured new funding. We … translate current financial systems into smart systems, exploring the unseen values and opportunities for businesses.”. In a press release issued Tuesday (Jan.

Data Analysis 46

Data Analysis Financial Systems Startups Finance 46

PYMNTS

JANUARY 17, 2020

Specifically, enhanced fraud and security was favored by nearly 80 percent of respondents, with attributes including instant funds, 24/7 availability and improved reconciliation with enhanced data all popular with over three-quarters of executives surveyed. Banks, FinTechs Race to RTP Glory.

Reconciliations 61

Reconciliations Financial Systems Startups Banking 61

PYMNTS

OCTOBER 22, 2018

“At PayPal, we believe that everyone should have access to transparent, convenient and secure financial services,” said Mark Britto, senior vice president and general manager of global credit for PayPal , in the press release announcing the investment.

Investments 77

Investments Marketing Financial Systems Leverage 77

PYMNTS

APRIL 1, 2019

Some of that money — supplied by investors such as Andreessen Horowitz , Nyca Partners and Max Levchin, founder and CEO of alternative lending startup Affirm — will go toward building an identity bureau, which will help lenders and financial firms verify identities.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

AUGUST 1, 2018

financial system improve the ability of small businesses (SMBs) to get financing, driven in part by a decline in startup formation in recent decades. She said the “pragmatic recommendations” included in the report would make the financial system work better for entrepreneurs, no matter their business size or geographic location.

Financial Systems 40

Financial Systems Finance Economics Treasury 40

PYMNTS

JANUARY 10, 2020

Alphabet-Backed Healthcare Startup, One Medical, To IPO. The San Francisco-headquartered startup runs membership-based healthcare clinics and was launched by internal medicine doctor Tom Lee, who served as the company’s CEO until 2017. Having held numerous strategic positions at the third-largest bank in the U.S., may get hit hard.

Healthcare 52

Healthcare B2B Startups Risk Management 52

PYMNTS

JULY 15, 2019

Adam Goldman, founder and president of Canadian trading platform Bitbuy, explained how the company has focused on security as it helps its user base purchase, sell and trade cryptocurrencies. “A The anonymous nature of cryptocurrency, coupled with its irreversible transactions, is especially attractive to scammers and fraudsters.

Prioritization 51

Prioritization Compliance Financial Systems Startups 51

PYMNTS

APRIL 7, 2020

banking system is built for stability and security — not speed — particularly in the aftermath of that last financial crisis when the entire financial system learned simultaneously the importance of being careful when lending money. The United States of America is the greatest startup in the history of startups.

Startups 57

Startups Banking Healthcare Treasury 57

PYMNTS

AUGUST 3, 2018

financial system around a set of core principles, offered guidance and recommendations that have long bounced around the FinTech space, and which no doubt already command the support of many executives. FinTech Improvements. The report , released in support of President Trump’s call to regulate the U.S.

Treasury 46

Treasury Securities Currencies Financial Systems 46

PYMNTS

DECEMBER 5, 2019

billion citizens outside the financial system. But when it comes to accessing credit, tools for planning or managing a financial future, the accounts come up short. billion into lending startups. And even among India’s newly banked, the accounts themselves are in somewhat limited use.

Banking 52

Banking Accounting Startups Education 52

PYMNTS

MARCH 4, 2020

You also have the option to go out into the legal system and figure out how to get some leverage, and actually compel them to treat you like a human being.”. From the botched trip came the idea for a startup called Radvocate, born in 2017. Most cases take four to eight weeks. We want to level that out.

Financial Systems 52

Financial Systems Leverage Startups Securities 52

PYMNTS

NOVEMBER 21, 2018

There is significant room for improvement in the cross-border payments space,” said Scott Hendry, Bank of Canada’s senior special director of financial technology, in another statement. Major changes are being proposed by current service providers, as well as startups that regulators need to research to better understand.”.

Benchmarking 49

Benchmarking Banking Compliance Financial Systems 49

PYMNTS

MAY 3, 2016

Of course, that’s where the blockchain comes into the conversation, as the chatter on Wall Street has been about how, if and when the blockchain’s tech could be used to transform the financial system that many have suggested is outdated and clunky. Pfizer and others.

Problem Solving 42

Problem Solving Startups Financial Systems Marketing 42

PYMNTS

JULY 20, 2017

As we reported just a few months back, this technology is set to disrupt the financial industry because it enables secure cross-border money transfers. Among his reasoning for this, he highlighted the complexities of the banking system.

Banking 42

Banking Technology B2B Financial Systems 42

PYMNTS

APRIL 29, 2016

It announced an investment in Digital Currency Group, a bitcoin/blockchain startup-focused investment firm, which includes former Treasury Secretary Larry Summers, who is serving as an advisor and also put money up. That included security reviews and audits. Western Union just put its toe in the bitcoin/blockchain waters.

Currencies 42

Currencies Auditing Finance Economics 42

PYMNTS

APRIL 30, 2018

According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4

Banking 73

Banking Investments Concentration Accounting 73

PYMNTS

JUNE 20, 2016

Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners. And if Plaid gets its way, that list is about to get longer, as the firm has just snapped some some new funding that is earmarked for further expansion.

Technology 40

Technology Investments Accounting Banking 40

PYMNTS

MARCH 14, 2016

It’s secure, it’s cheap, it’s faster than a speeding bullet. Is it a stealth startup from Silicon Valley? Many of the most dynamic public companies, from Alibaba to Visa, and many of the most valuable startups, like Uber, are multisided platforms. The Next Big Fizzle: Blockchain Startups.

Startups 43

Startups Economics Math Securities 43

Barry Ritholtz

JANUARY 9, 2024

And so the thing we were doing was sort of solving like often securities law or tax or accounting problems for people with like derivatives. Everything is securities fraud. Whereas if the stock goes down by a billion dollars, then like some securities lawyer will say, well, the shareholders lost a billion dollars.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Finance Math Banking 52

PYMNTS

JULY 29, 2020

It’s a merging of capabilities with three primary goals: 1) to build new commerce experiences; 2) to expand financial participation in the digital ecosystem globally; and 3) to drive startup innovation to push those goals forward worldwide. And that eye toward expansion is also relevant in Mastercard’s collaboration with startups.

Startups 71

Startups Pharmaceutical Education Healthcare 71

PYMNTS

JANUARY 5, 2020

Meenavalli , CEO of the cryptocurrency firm Longfin, has agreed to settle with the Securities and Exchange Commission (SEC) and pay $400,000 in disgorgement and penalties, the SEC announced on Friday (Jan. 2) to force the encrypted instant messaging app Telegram to turn over financials and explain how it spent $1.7

Startups 52

Startups Currencies Financial Systems Securities 52

PYMNTS

MAY 15, 2017

Headlines hyping its threat to existing financial systems abound, including one recently that somewhat distorts the threat that bankers feel about all FinTech startups that suggests that nearly 90 percent of bankers say they fear losing money to bitcoin startups. tell a very interesting story.

Math 62

Math Currencies Startups Concentration 62

Barry Ritholtz

NOVEMBER 8, 2022

I then was doing journalism for Breakingviews, which was the sort of dot-com startup, FX FT people known by Reuters, and started doing some — and then I did some research for Crispin Odey, London hedge fund guy. But he said — he says that you need positive carry for the financial system to carry on making loans.

Valuation 56

Valuation Finance Investments Banking 56

PYMNTS

OCTOBER 16, 2017

Innovators also find new use cases for these new currencies, including Initial Coin Offerings (ICOs), to raise money to fund innovation outside of the realm of existing securities regulation. Bitcoin’s core principle of anonymity is anathema to operating a safe and secure global financial system. At least I hope so.

Currencies 71

Currencies Concentration Financial Systems Investments 71

PYMNTS

AUGUST 6, 2018

The report bows under the byline of Treasury Secretary Steven Mnuchin as a response to the Trump administration’s drive to establish core principles that can govern the financial system overall. The barriers here would be eased with some standardization of data sharing and security measures.

Treasury 40

Treasury Financial Systems Startups Finance 40

PYMNTS

MARCH 26, 2018

In legislative news, a bipartisan bill is making its way through Congress that urges government agencies to look into using blockchain to help store and secure data. In the letter, he stated, “Blockchain will offer new opportunities to our startups” as well. And in the U.S.

Securities 40

Securities Startups Financial Systems Technology 40

PYMNTS

AUGUST 12, 2019

Existing infrastructure that enables these innovations is cheap, secure and efficient – and ubiquitous for innovators who want to launch those products as well as the corporates that want to use them. Igniting a network at scale and right out of the box can be a real pain, as the litany of failed payments startups knows all too well.

Banking 78

Banking Investments Accounting Leverage 78

Onplan

NOVEMBER 30, 2022

Because it’s from the same vendor, Adaptive works best with Workday Financial Management and Human Capital Management. While it’s an excellent modeling tool for users that already use Workday for all their financial systems, Adaptive can cause friction for those that don’t. Slow speeds during concurrent usage.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

Barry Ritholtz

NOVEMBER 28, 2023

And what I was ended up doing though, was the beginning of what we call asset-backed securities today, pulling together credit card loans for Sears, for MBNA and first USA car loans. And, and commercial paper and asset-backed securities were the first securities that the Fed gave banks permission to underwrite.

Mergers and Acquisitions (M&A) 100

Mergers and Acquisitions (M&A) Banking Economics Investments 100