Category: Doing Business Overseas
-
Using Mobile Payments and Wallets on Holiday: Boracay, Philippines
Home to some of the world’s most beautiful beaches and landscapes, The Fintech Times is in the beautiful Boracay island in the Philippines. Home to over 7,000 islands, the Philippines is home to a famous one. Boracay, which until fairly recently was not known to much of the outside world, has become a popular tourist…
-
Truist Acquires Finovate Best of Show Winner Long Game
Truist has acquired mobile savings gamification app, Long Game. Long Game uses strategies from the prize-linked savings and mobile gamification worlds to drive customer engagement and increase brand loyalty for banks. Long Game won Best of Show in its Finovate debut last September at FinovateFall 2021 in New York. Terms of the deal were not…
-
India’s Kaleidofin Closes $15 Million Round of Funding
India’s Kaleidofin closed a $15 million investment round this week. The funds bring the company’s total funding to almost $23 million. Kaleidofin will use the capital to launch and scale its lending arm, KaleidoCredit. India-based financial services provider Kaleidofin announced it has raised an additional $5 million in funding, adding to the $10 million investment…
-
Q2 on Q1: Digital banking provider secures 5 major bank deals
Digital banking vendor Q2 announced today that it secured five big bank signatures during the first quarter as the company continues its up-market digital banking push. Q2 has enterprise contracts with two unnamed banks from the top 10 and top 50, respectively, along with a large credit union contract, according to its Q1 earnings presentation.…
-
Drowning in data and not a drop of insight
When it comes to managing data, smaller financial institutions like regional banks and credit unions are not lacking the resources of larger banks, they are often drowning in data. For many, the challenge in utilizing data lies in knowing where to start, said Anne Legg, author of the book “Big Data/Big Climb: A Credit Union…
-
Decentralized finance brings new opportunities, challenges to the banking ecosystem
Blockchain technology and digital currencies are not yet part of the average person’s day-to-day financial life. However, as consumer interest grows, so does their potential to disrupt the global banking ecosystem in significant and lasting ways. Not unlike the transformation catalyzed by the introduction of online and mobile banking, decentralized finance (DeFi) and digital currencies…
-
Fiserv Taps The Clearing House to Expand Access to Real-Time Payments
Fiserv is leveraging a partnership with The Clearing House to help its bank clients offer real time payments. Banks that integrate into Fiserv’s NOW Gateway will benefit from real time payments in peer-to-peer payments, interbank account transfers, billpay, and more. The partnership comes as the U.S. Federal Reserve announced pilot participants of its own real…
-
FinovateSpring 2022 Sneak Peek: Finzly
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Finzly allows the building of programmable banks by providing a financial infrastructure for banks, fintechs, and businesses to quickly offer and access financial services in an open ecosystem. Features Speed to market Agility to assume…
-
FinovateSpring 2022 Sneak Peek: Horizn
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Horizn’s award-winning platform helps banks globally accelerate digital banking knowledge, fluency, and adoption with both customers and employees. Features Overachieve digital banking customer growth objectives Call center and branch efficiency and profitability through digital Support…
-
FinovateSpring 2022 Sneak Peek: Incognia
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Incognia is a privacy-first, location identity company that provides frictionless mobile authentication to banks and fintechs for reduced fraud losses. Features Delivers highly precise risk assessment for mobile apps for less fraud Recognizes trusted users…
