Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Community banks, regional players, and credit unions are all in the fight of their lifetime with the need to transform their business. Mandate #3: Build a next-gen I.T.

Technology 135

Technology Regional Community Bank Community 135

Gonzobanker

DECEMBER 14, 2023

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. Merger of Equals Deal of the Year (Bank) – Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

SEPTEMBER 6, 2019

Vyapar, owed by Simply Vyapar Apps, provides invoice, accounting and inventory management solutions for small- and medium-sized businesses, focusing on tax compliance and financial management for end users. Aspire Financial Technologies. million in the firm to support that endeavor.

Fintech 155

Fintech Capital Lending Operations 155

Insights on Business

JULY 20, 2017

The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. Open banking is often mentioned in relationship to compliance with regulatory standards, but in reality, the regulators are only catching up with what is happening in the market.

Fintech 181

Fintech Mobile Examples Data 181

PYMNTS

JUNE 12, 2017

Globalization brings new opportunities for businesses but gives rise to new complexities, including cross-border payments, compliance, risk mitigation and accounting. Moving forward, banks, financial technology providers and their corporate clients must work together to reduce the complexity that is bogging down the payments landscape.”.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

MAY 18, 2016

JJ: Regulatory Technology, or RegTech, has emerged as a result of the growing need for businesses to effectively and efficiently stay compliant in the face of increased regulatory protocols. Reduce compliance and fraud risk through a corroboration of identity data attributes across diverse data sets.

Innovation 100

Innovation Technology Regulation Fraud 100

CFPB Monitor

DECEMBER 22, 2020

The final rule, which includes material differences from the FDIC’s proposal, becomes effective April 1, 2021, with full compliance extended until January 1, 2022. Under the final rule, fewer deposit relationships will be deemed brokered deposits. Brokered Deposits. Advisory Opinions.

FDIC 78

FDIC Capital National Regulation 78

PYMNTS

OCTOBER 1, 2018

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As The Aftershocks.

Lending 135

Lending Fraud Management San Francisco 135

Banking 2020

FEBRUARY 8, 2016

Regulation plays a role too: Stricter compliance mandates are squeezing some lines of business for larger companies, enabling smaller funds and lenders to move in. For just about every other constituency, from regional banks to individual accountants, the landscape is wide open.

Industry 40

Industry Study Regulation Comparison 40

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Semonovich leveraged his Ohio roots and first-hand experience with this fantastic workforce to partner with the State of Ohio to create a technology center of excellence for this Phoenix-based regional bank. talent market.

Community 216

Community Fintech Industry Innovation 216

CB Insights

MAY 15, 2019

Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin. PWC — Center for Technology and Innovation (CTI). and Wearatec to develop contactless wearable payments technology.

Innovation 78

Innovation blockchain Technology Groups 78

William Mills

SEPTEMBER 9, 2016

Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind.

social media 40

social media ATM Mobile Customer Experience 40