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Report: Data Key To Credit Union Member Retention

PYMNTS

The American Bankers Association (ABA) implored the National Credit Union Association (NCUA) to withdraw a proposal that would allow federal CUs to have 50 percent of their deposits come from other CUs and government entities, boosting the current 20 percent cap. How California Coast Credit Union is Transforming in the Digital Age.

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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Office, participated in a panel on data, privacy, and fraud prevention policy.

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. ATMs, POS & financial technology. HQ: San Francisco, California. Source: WSJ.

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Ripple Raises $55 Million Series B; Announces New Bank Partners

Fintech Labs Insights

Founded in 2012 and headquartered in San Francisco, California, Ripple demonstrated its technology as OpenCoin at FinovateSpring 2013. ” Accenture’s Richard Lumb added that the use cases for distributed financial technology go beyond cross-border payments, including services like real-time reporting and fraud detection. .”

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The 2023 GonzoBanker Awards

Gonzobanker

THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. and Summit Financial Group, Inc.

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Finovate Spring 2018 – Day 2

William Mills

What if improving security was rewarding for consumers and super simple to do – while the payments ecosystem saw reduced fraud and new revenue opportunities? Synapse Financial Technologies, [link] @synapsefi. These folks are based in California and have raised at least million in funding. Presenters: Majd Maksad.