BankTech

Five Ways to Make the Best Choice With Remittance Platforms

Nonbank market players in the financial services industry are disrupting almost every segment leaving fewer chances to the major players. The cross-border money transfer industry is one of those segments where traditional institutions have suffered significantly. In the UK, for example, the top 20 nonbank money transfer providers account for...

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Commerce

Fattmerchant Closes $1.4M Funding Round to Advance Merchant Processing Technology and Customer Acquisition

Central Florida’s fastest growing payment technology company completes oversubscribed Series A-1 round in under four weeks ORLANDO, Fla. – May 12, 2016 – Fattmerchant, a subscription-based merchant services provider that provides unlimited credit card processing at direct cost, today announces it has closed its $1.4 million funding round in less...

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BankTech

Insights From One of the Best Bank Innovation Programs (Interview With Marisol Menéndez)

LTP recently had the pleasure of interviewing Marisol Menéndez, Open Innovation Manager at BBVA. She performs strategy design and implementation duties to create suitable environments for interaction with communities of developers and entrepreneurs worldwide. She has been at the head of innovation projects in HR, support, ATMs, social media and Open...

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Fintech

Mutual Fund Investments in Startups and the Valuation Challenge

It is a common perception that mutual funds are interested in investing their money in publicly traded companies, but they are increasingly showing a keen interest in startups. In 2014, mutual fund firms such as Blackrock, Fidelity Investments, T. Rowe Price and Wellington Management completed between 6–16 US startup investment...

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