PYMNTS-MonitorEdge-May-2024

FinServ

Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
December 09, 2019  |  Regulation

As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant...

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Envestnet | Yodlee CEO: Helping FIs Prep For ‘Next-Gen’ Data Aggregation
Envestnet | Yodlee CEO: Helping FIs Prep For ‘Next-Gen’ Data Aggregation
December 06, 2019  |  Data

The past few years have seen contentious relationships between financial institutions (FIs) — particularly larger ones — and data aggregators. At a high level, FIs...

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Envestnet | Yodlee Enters Data Sharing Agreement With JPMorgan Chase
Envestnet | Yodlee Enters Data Sharing Agreement With JPMorgan Chase
December 05, 2019  |  Partnerships / Acquisitions

Data aggregation and analytics platform Envestnet | Yodlee announced that it has signed a data sharing agreement with JPMorgan Chase. Envestnet | Yodlee has already...

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Rapyd FinTech Picks Up $20M; Eyes Big Acquisitions
Rapyd FinTech Picks Up $20M; Eyes Big Acquisitions
December 04, 2019  |  Investments

London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 billion. This latest round of funding comes from...

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Singapore’s FinAccel FinTech Lands $90M To Grow Credit Lending App
Singapore’s FinAccel FinTech Lands $90M To Grow Credit Lending App
December 03, 2019  |  Investments

Singapore-based FinAccel has raised $90 million in a funding round led by Asia Growth Fund (a joint venture between Mirae Asset and Naver) and Square...

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The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
December 02, 2019  |  Investments

High-flying tech unicorns have been brought to earth. Venture capital dollars chase Neobanks and alternative credit companies.  Commerce Ventures Founder Dan Rosen tells Karen Webster that...

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Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
November 27, 2019  |  B2B Payments

Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set off a catalyst...

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Tech Takes The Emotion Out Of Dispute Management
Tech Takes The Emotion Out Of Dispute Management
November 21, 2019  |  Credit Unions

Where there are credit card transactions, there are disputes. That’s especially true of transactions that happen in a card-not-present environment (as is increasingly the case),...

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Africa’s PalmPay Debuts In Nigeria On Heels Of $40M Funding
Africa’s PalmPay Debuts In Nigeria On Heels Of $40M Funding
November 14, 2019  |  Investments

After a $40 million Seed funding round, payment startup PalmPay has officially launched in Nigeria. The funding round was led by Chinese company Transsion’s subsidiary,...

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