PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Fraud 270

Fraud Compliance cryptocurrency Security 270

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. In the introduction to the RFI, the FHFA noted President Biden’s March 2022 executive order.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Our call for submissions is now open for the third annual CB Insights Fintech 250 list.

Fintech 80

Fintech US Lending Cards 80

Alex Jimenez

NOVEMBER 4, 2023

Money 20/20 USA has become the biggest FinTech gathering in the US. FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. Similarly, FinTech firms face a reality with limited VC funds.

Conference 84

Conference Meeting Trends Fintech 84

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JANUARY 10, 2020

David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo. For a country that is striving mightily to go digital when it comes to financial services, it may be a bit curious that Qatar has seemingly put the brakes on cryptocurrencies. Qatar Bans Crypto.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

MAY 7, 2020

For these businesses’ FinTech and financial services partners, there’s opportunity, too, to facilitate this cash flow. This week’s examination of the convergence of AR and AP systems explores how FinTech is stepping in between B2B transactions to foster that buyer-supplier relationship by addressing friction on both sides.

Tools 151

Tools Payments cryptocurrency Management 151

FICO

JUNE 1, 2023

Where AI Helps Financial Institutions For decades now, financial institutions (FIs) and fintechs have been deploying AI for a number of specific use cases , but only recently has the concept of generative AI begun to generate significant headlines. TJ holds a B.S. in computer science and a M.S.

Training 59

Training Fraud Customer Experience South Carolina 59

Independent Banker

NOVEMBER 25, 2015

A mix of players, FinTech firms pose threats and opportunities. Call them disruptors, upstarts or the voguish FinTech companies. FinTech customers have no idea they are exposing themselves to identity and financial risk. Illustration by Getty images / Chris Ede. By Kelly Pike. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

Fintech Labs Insights

DECEMBER 30, 2015

For just the fourth time this year, weekly fintech fundings fell below the $100-million mark with 15 companies raising a total of $51 million. The Kentucky-based company has developed a vendor management platform for banks and credit unions. Vendor management for financial services companies. Investment portfolio management .

Company 12

Company New York City Fintech Kentucky 12

Fintech Labs Insights

JUNE 18, 2015

All told, 12 fintech companies raised $205 million ($105 million equity, $100 million debt) this week. Social cryptocurrency . Compliance & risk-management technology. Mobile personal finance manager . The post Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18 appeared first on Finovate.

San Francisco 12

San Francisco Company Fintech Albuquerque 12

CFPB Monitor

JUNE 11, 2019

This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. Utah Governor Gary Herbert signed H.B. 378 , Regulatory Sandbox, into law on March 25, 2019.

Utah 60

Utah Arizona Regulation Innovation 60

Fintech Labs Insights

NOVEMBER 9, 2015

It was the sixth week in a row that the number of fintech fundings topped 20. The post Fintech Fundings: 20 Companies Raise $175 Million Week Ending Nov 6 appeared first on Finovate. Tags: Consumer, debit card, payments, cryptocurrency. Last week, 20 companies raised $175 million, including $25 million in debt. FactorTrust.

Company 12

Company Fintech South Dakota San Jose 12

FICO

DECEMBER 23, 2020

The global pandemic has driven a dramatic change in consumer behavior, not least an exponential rise in the use of digital and mobile channels for banking and financial services, increased competition from fintechs, and the rise of open banking.

Compliance 52

Compliance Regulation Data Risk Management 52

Fintech Labs Insights

JULY 23, 2015

While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. Fortress Risk Management. Enterprise risk management services for financial institutions. Using the blockchain for managing records. Argos Risk. government. Remittance provider.

Company 12

Company Connecticut Fintech Austin 12

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. Fintech deals by size from 6 Aug to 12 August 2016: Interactions. Digtial currency management for small businesses. Alt-credit score & risk management for financial institutions in emerging markets. Virtual customer service.

San Francisco 12

San Francisco New York City Fintech Company 12

Fintech Labs Insights

SEPTEMBER 21, 2015

The money flow into fintech continued unabated this week with more than a half-billion ($557 million) raised by 24 companies. Year-to-date fintech firms have raised $13 billion. Risk management for P2P lending. The post Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18 appeared first on Finovate.

New York City 12

New York City San Francisco Company Fintech 12

Fintech Labs Insights

MAY 15, 2015

The post Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15 appeared first on Finovate. Tags: Bitcoin, cryptocurrency. Source: FT Partners. Data analytics for commercial real estate. HQ: New York City. Latest round: $8 million Series A. Total raised: $8 million. Source: Crunchbase. Lending social network.

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

FEBRUARY 23, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Seven weeks into the new year, fintech companies have raised $4.7 Here are the fintech deals by size from 13 Feb to 19 Feb 2016: StoneEagle Services (VPay).

Company 12

Company Fintech San Francisco Texas 12

Gonzobanker

NOVEMBER 22, 2022

Now is the time for bankers to engage lawmakers in how the crypto and digital asset market shapes up. Picture a 1970s mom making a sarcastic statement to her irresponsible son, “ Well you’ve just earned yourself a weekend of chores.”.

Regulation 174

Regulation blockchain Marketing Strategy 174

Fintech Labs Insights

SEPTEMBER 25, 2015

Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 Risk management. The post Fintech Fundings: 17 Companies Raise $235 Million Week Ending Sep 25 appeared first on Finovate. million) added to the bank accounts of 17 startups worldwide. Source: FT Partners. Source: WhoGotFunded.

San Francisco 12

San Francisco Company Fintech San Jose 12

Fintech Labs Insights

OCTOBER 19, 2015

It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. Using the blockchain for managing records. Card rewards management. The post Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 The vast majority, $5.9 billion) and First Data ($2.6 Asset verification

New York City 12

New York City Company Fintech New York 12

FICO

MARCH 6, 2020

A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. . FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. What do you do?

Compliance 81

Compliance Technology Fraud Analytics 81

Lex Sokolin

JULY 1, 2019

Goldman Sachs entered and dominated personal digital lending, runs a neobank and roboadvisor, bought a large digital wealth footprint in United Capital, launched a credit card in partnership with Apple, and is now looking into cryptocurrency stablecoins ?—?something as it has over and over again across Fintech. What about you?

Bitcoin 40

Bitcoin System Software blockchain 40

Fintech Labs Insights

JULY 12, 2016

With 38 deals reported – one shy of the weekly record – fintech companies raised $303 million worldwide the first week of June. Fintech deals by size from May 28 to 3 June, 2016: Partners Life. The post Fintech Fundings: 38 Companies Raised $300 Million First Week of June appeared first on Finovate. Online insurance.

New York City 12

New York City Company Fintech San Francisco 12

Lex Sokolin

DECEMBER 25, 2019

There’s a lot to say about the overlap of Fintech and blockchain, but let’s find the very edge of the frontier and focus right there. See Staking Rewards and the chart below, and Coinbase for an example of a large Fintech providing the service. all Fintech unicorns?—?that It’s like watching Mint.com emerge in 2007.

blockchain 52

blockchain Bitcoin Software Lending 52

ABA Community Banking

SEPTEMBER 29, 2022

Insights from the 2022 Federal Reserve/CSBS survey of community banks. The post One in 10 community banks planning to launch crypto services appeared first on ABA Banking Journal.

Community Bank 98

Community Bank Community Survey Risk Management 98

Tomorrow's Transactions

NOVEMBER 6, 2016

Meanwhile, it was time to go downtown and get involved in some serious fintech shenanigans. Fintech isn’t the wild west any more and the use of new technologies to drive new business models in financial services is mainstream. Bumper sticker: It’s the discovery, stupid. . People talk a lot of rubbish about the blockchain.

blockchain 52

blockchain United States Payments social media 52