July 31, 2013
Today’s Briefs: August
Briefs from August 23, 2013 Uber Rakes In $360M In Latest FundingSan Francisco-based mobile taxi app provider Uber has raised $361 million as part of its latest private equity round,...
July 12, 2013
Payments Firms Lead 2013 Fintech Investment
New research released by venture capital database CB Insights on July 12 indicates that total U.S. fintech investment from private equity firms and angels investors will pass $2.5 billion in...
July 11, 2013
Temenos Launches New Social Media Tool
Temenos, the Swiss fintech vendor, announced the launch of SocialComply, which is a social media monitoring and compliance solution, reported Finextra. The too was created to help financial companies interact...
June 23, 2013
Beware! Banks, Consultancies: Regulators are on the prowl
By Karuna Kumar, ColumnistFollow @Karuna_Kumar “People want to know that regulators are looking out for the American public, not the banks,” Sen. Elizabeth Warren, D. Mass asserted at the Senate...
January 20, 2013
2013: The Year of Digitally Native Financial Services?
2013 will see a host of digitally native financial services firms start to take market share from traditional retail banks. Unlike vertically-integrated ‘Old Finance’ institutions with high fixed costs, these...
January 15, 2013
Fiserv Buys Rival Fintech Vendor Open Solutions
Fiserv has acquired rival fintech vendor Open Solutions for $55 million in a deal that also sees it assume around $960 million of debt, Finextra reported. Jeffery Yabuki, president and...
November 18, 2012
FinTech2012 Symposium: Gathering At The Epicenter Of Payments
ANALYSIS FROM MARGARET WEICHERT Focus on Startups: Venture Atlanta Brings Entrepreneurs And Investors Together Global Payments’ Acquisition Ups The Ante At The POS Nearly 300...
October 23, 2012
Young Start-Ups Replace Aging Banks In The UK
“The whole idea of bank payments is broken; there’s an opportunity here, and we’re looking to grab it.”, said Hiroki Takeuchi, speaking to the New York Times. Mr Takeuchi is...
October 18, 2012
Focus on Startups: Venture Atlanta Brings Entrepreneurs And Investors Together
ANALYSIS FROM MARGARET WEICHERT Global Payments’ Acquisition Ups The Ante At The POS More than 750 entrepreneurs, investors and startup-watchers from around the U.S. and Europe...
One-Third of Credit Union Members Would Leave for Better Credit Products
Consumers are on the hunt for better access to credit and financing, and they’re not afraid to shop around to find the FI providing the lowest rates and most convenient offerings. PYMNTS’ latest study of more than 4,000 consumers and 154 FinTech and CU execs reveals what CUs can do to win — and keep — consumers’ business. Read more in Credit Union Innovation: How Credit Products’ Rates and Terms Impact FI Selection,” a collaboration with PSCU.