Fintech Innovation St. Louis Technology 
PYMNTS
JANUARY 28, 2020
Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. CUs are also leveraging the latest technologies, including cloud computing, to continue fostering the relationships with their customers. CUs like St. million in 2019.
BankInovation
AUGUST 11, 2020
Louis-based PayRecs provides business-to-business payment solutions. The startup’s technology allows businesses to track payments and calculate foreign exchange rates, and businesses can input invoicing details to better recognize payments. PayRecs is part of INV Fintech, Bank Innovation‘s sister accelerator program.
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ABA Community Banking
OCTOBER 2, 2019
In keynote remarks last night at the St. Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based Reading Cooperative Bank’s innovation journey and how it improved financial inclusion in the communities it serves.
PYMNTS
AUGUST 31, 2017
With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. Louis, as its new payments strategy director.
PYMNTS
JANUARY 29, 2020
Their traditional banking rivals are now supplemented by young, agile FinTechs that advertise the most advanced technology and much greater efficiency than their legacy counterparts, meaning that CUs must lean into their strengths to get ahead. Few are more familiar with this challenge than St. There’s No “I” in CU.
PYMNTS
JANUARY 28, 2020
Yandex, the biggest technology firm in Russia, launched a 15-minute grocery delivery service for Moscow residents. The FinTech, which focuses on cross-border payments, will use the funding to boost its technology portfolio and partner network. . Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap.
Abrigo
APRIL 22, 2024
Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e.,
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