Insights on Business

NOVEMBER 13, 2017

Imagine a scenario in which opacity and complexity have been removed from the financial services industry. Anyone with an idea of how we might conduct business better and more efficiently, be it in wealth management, lending, insurance, or payments, could bring it to life with ease.

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Financial Technology Technology Analytics Tools 79

The Paypers

DECEMBER 4, 2020

ZSuite Technologies , a financial technology company offering digital tools that help small businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with US-based BAC Community Bank (BAC).

Community Bank 44

Community Bank Community Digital Banking Financial Technology 44

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

SEPTEMBER 23, 2016

The app will enable community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform. NCR announced on Thursday (Sept.

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El Paso Community Bank Community Mobile 100

Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

Fintech 78

Fintech Groups Community Bank Community 78

PYMNTS

JUNE 23, 2020

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

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Fraud Community Bank Virginia Community 266

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 24, 2020

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. Greenlight’s purpose-based mission of bringing financial literacy to families is massively impactful.” 24) it raised $215 million in Series C venture funding.

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Atlanta Leadership Financial Technology Capital 140

PYMNTS

JANUARY 12, 2021

12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. Our customers need financial technology tools that align with their personal and business needs. according to a Tuesday (Jan.

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Vermont Community Community Bank Customer Experience 140

PYMNTS

APRIL 16, 2019

Deputy Managing Director of MAS Jacqueline Loh said the relationship demonstrates a FinTech that may extend to other countries in the ASEAN region. In reference to outsourcing risk, she said management of that risk “appropriately reflects the present-day business realities of the banks we supervise.”

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Fintech San Francisco National Innovation 211

Independent Banker

MAY 31, 2022

When companies sign on to the ICBA ThinkTECH Accelerator, they are looking to home their products and services to better support community banks. Since Finzly hosts and manages digital account opening solutions for financial institutions, we found a natural synergy. By Colleen Morrison. Connect with FinXTech.

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Community Bank Community Maryland US 146

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business. 4: Not every fintech will scale to “white whale” status.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

PYMNTS

DECEMBER 5, 2019

Envestnet | Yodlee has already partnered with more than 1,200 financial institutions and FinTech innovators, including most of the top 20 U.S. This will help our customers manage exactly who they give their information to, and understand how their information will be used,” added Bill Wallace, head of Digital at Chase, the U.S.

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Data United States Community Bank Fintech 132

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alkami partnered with Clinc for conversational AI, Atomic for direct deposit switching and FINBOA for payment dispute management. Jack Henry expanded its partnership with SMA Technologies.

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Fintech Software Illinois Lending 103

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. .”

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Payments blockchain System Bitcoin 294

Chris Skinner

JULY 18, 2017

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology.

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Bitcoin cryptocurrency Financial Technology Community 318

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

MARCH 22, 2020

Spend management startup Teampay is introducing the Controller Collective, a Slack -based exchange to assist controllers and senior accounting professionals, Teampay said in a statement on Friday (March 20). The advisory board is comprised of leaders from high-growth businesses in complementary sectors — Eden Health , Toast and more.

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Operations Financial Technology Online Community 131

Independent Banker

OCTOBER 31, 2022

AI can help solve customer pain points—but does it mean community banks will lose the personal touch they pride themselves on? As community bankers themselves tell us, the answer is no. First, with AI’s ability to mimic human intelligence, community banks can quickly process huge amounts of data to ease customer friction.

Community Bank 91

Community Bank Community Customer Experience Data 91

PYMNTS

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses. This latest fundraising could top $300 million.

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North Carolina Nashville Charlotte Boston 130

PYMNTS

SEPTEMBER 27, 2019

House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept. While real-tine payments services may not be unified, she argued, the Fed should consider supporting a single, central utility to manage these standards and user identities. payments ecosystem.

Payments 174

Payments Kansas City Community Bank Community 174

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Mandate #3: Build a next-gen I.T.

Technology 135

Technology Regional Community Bank Community 135

PYMNTS

AUGUST 8, 2018

JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures , the $9.5

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United States Fintech Community Innovation 100

PYMNTS

MARCH 14, 2019

Canadian financial technology provider Central 1 is linking its credit union customers to a new solution designed to streamline accounts receivable for small businesses. Synergy Credit Union is the first to offer this combined service to their small business customers, said Central 1. ”

Payments 148

Payments Tools Online Resources 148

PYMNTS

JULY 1, 2019

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation.

Innovation 155

Innovation Trends Technology America 155

Gonzobanker

DECEMBER 19, 2022

Provident Financial Services, Inc. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. All of this while knocking out a stellar 1.35% ROA and leading industry, community, and philanthropic efforts everywhere. merges with Lakeland Bancorp.

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Community Fintech Industry Innovation 216

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Open Financial Technologies. India’s Open Financial Technologies raised $4.6 PYMNTS breaks down all the latest B2B funding rounds below.

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Capital cryptocurrency Operations Financial Technology 122

PYMNTS

APRIL 23, 2020

But the expansion, giving rise to the new SoFi Invest will offer “automated investing” and financial education. billion (in cash and stock) to buy Galileo Financial Technologies, which focuses on payments and bank account infrastructure. percent feel the same toward local and community banks. Our survey shows that 64.2

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San Francisco Online Fintech Survey 252

PYMNTS

JANUARY 15, 2019

Fiserv , a global financial technology company, and Stack Sports, a sports tech leader, have teamed up to assist in youth sports payments and make them easier and more efficient, according to a release. The technology will assist the multitude of participants who use the Stack Sports technology.

Payments 108

Payments Leadership Mobile Financial Technology 108

PYMNTS

MARCH 16, 2018

They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics. With the publication of the profiles, the task force will transition into the FedPayments Improvement Community to continue to engage with the Fed’s ongoing payment improvement initiatives.

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Security Payments Boston Fraud 100

PYMNTS

MAY 3, 2019

Only through continued collaboration and fundamental research will it be possible for this technology to mature and for policy-makers to fully understand its potential,” Scott Hendry, Bank of Canada senior special director of financial technology, said in a press release about Jasper-Ubin project3.

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Bitcoin blockchain Texas New York 129

Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects. Digital Engagement Had Great Attendance and Extracurriculars.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

APRIL 26, 2018

Still, many financial institutions in emerging market have difficulty covering the transaction settlement obligations which makes it harder for financial services to scale in a quick manner in emerging markets. “This partnership will help bring modern financial services to underserved people around the world.

Marketing 121

Marketing Payments Risk Management Groups 121

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners.

Strategy 190

Strategy Report Lending Fintech 190

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. But community banks should not be without hope, nor should they underestimate the significance of customer relationships.

Community Bank 70

Community Bank Community Lending FDIC 70

CFPB Monitor

OCTOBER 11, 2018

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. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC.

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Policies Lending Data Online 60

Celent Banking

APRIL 28, 2017

I like analogies because they can inject simplicity into the most complex discussions of financial technology, and make abstract concepts become more concrete and accessible to the casual fan of technology. As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies.

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Innovation Detroit Community Bank Strategy 150