US FINTECH

United States Financial Technology

  • Home
    • Download Android App Directly to Your Tablet or Phone
  • Featured
  • Research
  • Investments
  • Innovations
  • Events
  • People

US Fintech Feature Section

FTC to Host FinTech Forum on Crowdfunding and Peer-to-Peer Payments on Oct. 26

FTC to Host FinTech Forum on Crowdfunding and Peer-to-Peer Payments on Oct. 26

August 3, 2016

This fall, the Commission will host a forum – the second in its FinTech series – on crowdfunding and peer-to-peer payment systems. Crowdfunding is the process by which companies and individuals raise money from the public to fund new products, projects or individual needs. Peer-to-peer payment systems are online services – often in the form of mobile apps – that allow consumers to share money electronically. These systems make it easier for consumers who may not carry cash to send and receive money from other people quickly. The half-day forum will bring together industry participants, consumer groups, researchers, and government representatives. The forum will examine the various models of crowdfunding and peer-to-peer payments used by companies, the potential benefits to consumers, and possible consumer protection concerns. In addition, the forum will look at how existing consumer protection laws might apply to companies participating in these areas.

FinTech Forum Blog: A closer look at marketplace lending

FinTech Forum Blog: A closer look at marketplace lending

August 3, 2016

Marketplace lenders are typically online non-bank financial companies that leverage technology to reach potential borrowers, evaluate creditworthiness, and obtain credit sources for loans. Marketplace lenders tout the ability to provide consumers with a faster, cheaper, and easier way to get credit than some traditional lenders. Participants at the June 9th Forum also discussed the potential for marketplace lenders to reach and provide credit to borrowers with limited credit histories and to historically underserved communities. Marketplace lending has seen huge growth, and, as a presentation by the FTC’s Office of Technology Research and Investigation showed, has expanded to include loans for purposes as wide-ranging as education, mortgages, and medical expenses.

Fintech Research

Robo Advice: Revolution or Evolution?

Robo Advice: Revolution or Evolution?

August 15, 2016

Low cost, automated investment advice is set to become the core of financial planning services, with a market potential of $19.5 trillion assets under management, according to a new report by Big Market Research, the financial services experts, and The Business Research Company. The current market for robo advice is dominated by the USA, with an estimated $1.2 trillion under management.

Financial Services Compliance Officers Saddled with Dated Technology, Tight Job Market Fight to Manage Implementation and Staffing, New Survey Says

Financial Services Compliance Officers Saddled with Dated Technology, Tight Job Market Fight to Manage Implementation and Staffing, New Survey Says

August 2, 2016

In an increasingly complex regulatory environment, many financial institution executives are concerned that they have insufficient staff, technology and budgetary resources to support their anti-money-laundering (AML) efforts, a survey of financial service executives released today by financial technology solutions provider NextAngles™ revealed.

Fintech Investments

Finexio, the Smart B2B Payment Network, Raises $1 Million Seed Round Led by James R. Heistand and Loeb.nyc

Finexio, the Smart B2B Payment Network, Raises $1 Million Seed Round Led by James R. Heistand and Loeb.nyc

August 15, 2016

Finexio’s B2B payment capabilities intelligently route payments on and off existing ACH and credit card rails to find the best possible transaction price. This solution seamlessly integrates into enterprise accounts payables and procurement software platforms to effortlessly embed payments into the corporate buying and selling experience.

RightCapital Secures $1 Million Seed Money

RightCapital Secures $1 Million Seed Money

August 1, 2016

RightCapital, Inc., a financial planning platform for registered investment advisors and independent broker-dealers, has secured $1 million in a seed capital fund raise. Camellia Venture Capital led the round with other individual strategic investors. Camellia Venture Capital is a New Jersey based venture capital firm that focus on early-stage, high-growth fintech firms.

Fintech Events

Leading the Digital Transformation Charge Captures the Discussion at HMG Strategy’s Upcoming 2016 Atlanta CIO Executive Leadership Summit

Leading the Digital Transformation Charge Captures the Discussion at HMG Strategy’s Upcoming 2016 Atlanta CIO Executive Leadership Summit

July 21, 2016

Digitization is changing how we work, how companies communicate with customers, along with other significant changes. The CIO is at the center of these changes in the enterprise and the role that IT leaders play in driving the digital revolution will be the focus of discussion at the 2016 Atlanta CIO Executive Leadership Summit to be held on August 23, 2016 at the St. Regis Atlanta.

Telecom Council of Silicon Valley Announces 2016 SPIFFY Award Nominees

Telecom Council of Silicon Valley Announces 2016 SPIFFY Award Nominees

July 19, 2016

Nominees are selected by the carriers in Telecom Council’s Service Provider Innovation Forum (SPIF) from among over 200 early-stage companies. These companies represent a broad range of telecom products and services presented at Telecom Council meetings between July 2015 and June 2016.

Born2Global Demo Day to Unveil 19 Promising Korean Startups in LA

Born2Global Demo Day to Unveil 19 Promising Korean Startups in LA

July 18, 2016

K-ICT Born2Global (B2G) will be hosting “Creative Korea Roadshow K-Startup LA Demo Day 2016” and present successful business models of the top 19 startups from Korea to the VCs, accelerators, entrepreneurs, corporate partners and live audience. These promising Korean startups are leading innovative companies in the areas such as AI, big data, fin-tech, healthcare, IoT, wearable, mobile app, device, 3D printing, social media, platform and VR.

Domestic Chinese Capital Makes Inroads into Silicon Valley

Domestic Chinese Capital Makes Inroads into Silicon Valley

July 15, 2016

Last week, the Sino-US Financial-Technology Venture Contest was held in Silicon Valley by 9F, together with Matrix Partners and IDG. The winning competitor Snapcard will take part in the finals of contest in Beijing. According to data from iResearch, internet finance remains the industry with the most active capital in China in 2016.

Fintech People

Private Client Resources Taps Seasoned FinTech CEO As Vice Chairman and Strategic Advisor

Private Client Resources Taps Seasoned FinTech CEO As Vice Chairman and Strategic Advisor

July 28, 2016

Bob Miller, Founder and former CEO of CorrectNet and a pioneer in the web-based delivery of consolidated investment data, has joined PCR as its Vice Chairman and Strategic Advisor. PCR is the leading aggregator of total wealth data for ultra-high-net-worth families. As founder and CEO of four FinTech companies, Mr. Miller has a long history delivering managed solutions to the financial services industry.

U.S. National Debt

$UNAVAILABLE
There was a problem fetching the data, please try again later.

Fintech Innovations

Worldcore Payment Institution Launches Groundbreaking Affiliate Program

Worldcore Payment Institution Launches Groundbreaking Affiliate Program

August 15, 2016

Upon signing up for a Worldcore account, account holders fill out a short application and, once approved, are assigned a custom affiliate link, which is used to track new client signings. Worldcore Affiliate Program members will also be paid for each high-value client they enroll in Worldcore payment platform. Social Media Marketers also stand to make money based on social interactions.

Pactera Launches Innoveo Skye Insurance Innovation Suite Solution for Combined Insurance

Pactera Launches Innoveo Skye Insurance Innovation Suite Solution for Combined Insurance

August 15, 2016

Innoveo Skye® is a multi-channel web-based software that enhances the way insurance companies bring products to market with dynamic configuration of insurance products, processes and distribution channels. Combined Insurance is a leading provider of supplemental accident, disability, health and life insurance products, and is a Chubb company.

FEXCO & ENCASH Partner to Launch EasyDebit Solution in the Philippines

FEXCO & ENCASH Partner to Launch EasyDebit Solution in the Philippines

August 15, 2016

The Philippines is a cash-centric culture where more than 95% of all transactions are completed with the Peso in hand. The national ATM penetration rate of 23% is significantly lower than the global average (over 70%). There are less than 19,000 ATMs for over 100 million people in the country and the local ATM can often be a bus or ferry journey away.

Silvervine Software and Elafris Join Forces

Silvervine Software and Elafris Join Forces

August 15, 2016

Silvervine Software has chosen Elafris as the chatbot messaging platform for its insurance software solution suite. Silverware Software clients will be able to use chatbots, powered by artificial intelligence, to collect payments, suggest supplemental products, and provide claim services in most venues including Facebook Messenger, Snapchat and Skype.

Slingshot Insights Partners with Seeking Alpha to Bring Transparency to Expert Research

Slingshot Insights Partners with Seeking Alpha to Bring Transparency to Expert Research

August 3, 2016

Expert calls and management meetings are just some of the tools that professional portfolio managers have utilized for decades to quickly get insights on market moving news. Spending over $600m annually in 2015 on this type of research, financial institutions are able to intelligently invest in a broad range of companies using expert knowledge. By grouping members together, Slingshot similarly empowers individual investors with access to these same experts at a fraction of the cost.

Unmasking Bitcoin Identities: The next level of thwarting illicit activity on the blockchain has arrived

Unmasking Bitcoin Identities: The next level of thwarting illicit activity on the blockchain has arrived

August 3, 2016

LexisNexis Risk Solutions, the global big data, technology and analytics firm, has teamed with Elliptic, a blockchain intelligence company, to promote the ubiquitous adoption of Bitcoin and other virtual currencies by exposing money launderers, human traffickers, terrorists, and drug dealers who use Bitcoin to make dark web purchases.

NextAngles Launches Cognitive Regulatory Compliance Solution for Banking Industry

NextAngles Launches Cognitive Regulatory Compliance Solution for Banking Industry

July 26, 2016

NextAngles has launched a fintech solutions suite for financial institutions that includes: Anti-Money Laundering (AML) Alert Investigation, Trade-Based Money Laundering (TBML) Alert Generation and Investigation, Know Your Customer (KYC), Financial Crimes Investigation, and Liquidity Risk Management.

© 2016 USFINTECH.com · All rights reserved · Privacy · Terms of Service