American Banker

JUNE 6, 2016

Juniorization: While investment banks have cut compensation costs by 21% on average since 2009, they've only made staff cuts of 3% in the same time. Receiving Wide Coverage. Companies have been increasing their employee retention efforts initiative to improve the work-life balance of its more junior bankers.

Regulation 28

Regulation Fintech Industry Technology 28

Lars Markull

JUNE 6, 2020

I have actually worked at a small Sparkasse in the North of Germany between 2006 – 2009 and thus remember the introduction and confusion by some customers in 2008 very well. Fintech challenges with IBAN. The adaptation of IBANs has reduced errors in payments under 0.1% in IBAN-countries.

Fintech 40

Fintech US Regulation Examples 40

PYMNTS

MAY 15, 2017

It should be a call to action to the cybersecurity regulators that, when innovation — even intellectually and technologically sophisticated innovation — goes off the rails, it’s time to give a good hard look with an eye to reining it way, way in. And the beginning of one death spiral in FinTech that might be well worth watching.

Bitcoin 155

Bitcoin Regulation Innovation Fintech 155

PYMNTS

JULY 13, 2017

Bitcoin came onto the scene nearly a decade ago in 2009 and has slowly been making strides in the financial world ever since. One of the main issues that most have had with the digital currency is that because of a lack of a central authority, it can be tough to regulate. Overseas, we’re seeing the U.K.

Bitcoin 101

Bitcoin cryptocurrency Maine Regulation 101

Fintech Labs Insights

SEPTEMBER 3, 2020

At one time or another, every consumer fintech company wonders if they should buy a bank. But most fintech startups want to buy a ticket to the financial rails, not a large customer base. But regulators are not exactly on board. But we haven’t seen a pre-revenue, basically a stealth fintech startup, buy a bank.

Fintech 15

Fintech FDIC Oakland Minnesota 15

Lex Sokolin

MAY 25, 2020

You are forgiven for not remembering all my favorite Fintech minutiae. their websites would facilitate a transaction without running afoul of regulations. I find the deal a bit of a headscratcher, other than to say that a company founded in 2009 may be a bit tired, and wanting to cash out to a company founded in 2014.

Strategy 52

Strategy Fintech Capital Case Study 52

PYMNTS

MARCH 9, 2020

’s latest numbers on the topic revealing the lowest level of underbanked individuals since the survey began in 2009. “We see emerging FinTechs struggling to get banks, we see small businesses in bank branch deserts struggling to be able to maintain their bank accounts,” said Coghlan. ”

Community Bank 188

Community Bank Community Innovation Regional 188

PYMNTS

OCTOBER 21, 2019

My, how much has changed since 2009. Karen Webster from PYMNTS recently caught up with him to review the past decade of innovation – and to look into where investing and FinTech are headed in the new decade that’s about to start. “It I would be coding to 3 a.m. in the morning on my IBM PC when that was a thing.” Confusion and Anxiety.

Capital 126

Capital Fintech Company Technology 126

Insights on Business

DECEMBER 14, 2016

The landscape for banks and brokerages today shows significant improvement from the global financial crisis of 2008 – 2009. This type of cost-cutting does little to address the emergence of fintechs, which have rapidly gone from trivial annoyance to strategic threat.

social media 70

social media United States Regulation Operations 70

PYMNTS

NOVEMBER 21, 2018

Far more popular — besides data mining — were less sophisticated technologies, including BRMS, which enables companies to easily define, deploy, monitor and maintain new regulations, procedures, policies, market opportunities and workflows. Large Versus Small Banks. In the case of BRMS, use has dropped off significantly for the largest banks.

Data 192

Data System Technology Fraud 192

PYMNTS

MAY 27, 2016

A FinTech Sector On The Rise. law firm, the Israeli FinTech industry has skyrocketed since 2009. The country’s growing FinTech market is quickly catching the eye of major companies from around the world. According to Special Counsel, Adv. Roy Keidar of Yigal Arnon & Co.

National 101

National Security Fintech Industry 101

Fintech Labs Insights

MARCH 16, 2022

Startups looking to raise capital have more options today thanks to evolving technology, regulation and market behavior. Related: The 55 Biggest Fintech Conferences & Events in 2022. The 287 Fintech Unicorns of the 21st Century (March 2022). Initially, crowdfunding had adverse selection problems (e.g. Microventures.

Austin 15

Austin United States Boston Capital 15

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. trillion by 2020, and eCommerce in India will grow 67 percent into a $38 billion market — a tenfold growth since 2009. But in 2016, the industry saw progress.”. “I

Industry 125

Industry Trends Capital Payments 125

PYMNTS

JUNE 17, 2016

Unfortunately, “60 Minutes,” famous for investigative journalism, missed the really big story in FinTech. A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

NCR

NOVEMBER 30, 2016

The Payment Services Directive 2 (PSD2) builds on regulations set out in PSD1 in 2009 to help create a single, Europe-wide system for payments and member states are required to implement the rules into national law by 13th January 2018. Managing the risks.

Regulation 40

Regulation National Strategy Examples 40

PYMNTS

OCTOBER 8, 2018

Warren Buffet made rails sexy again when he bought a railroad in 2009. launched its Faster Payments scheme, after the regulator said the banks had to comply, but has amped up ever since, as regulators in a few other countries have followed in the U.K.’s They are low-cost, efficient, tested and regulated. s footsteps.

Payments 192

Payments Innovation Regulation San Francisco 192

PYMNTS

NOVEMBER 4, 2016

That’s what Jeff Lynn and Carlos Silva sought to do in 2009 while they were peers and friends at Oxford’s Saïd Business School. Because of specific investment- and consumer-focused laws and regulations in the U.K., In fact, he said, Seedrs has done especially well in the payments, technology and FinTech space. And it did work.

America 100

America Payments Course Industry 100

NCR

NOVEMBER 11, 2016

Blockchain is the technology that allows bitcoin, the digital currency launched in 2009, to function. The report predicted that “bread-and-butter” activities of financial institutions such as international payments, wire transfers, repackaging of mortgages and compliance reporting to regulators could all be replaced by blockchain.

blockchain 106

blockchain Industry Bitcoin System 106

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value.

User Experience 79

User Experience Compliance Risk Management Training 79

Gonzobanker

DECEMBER 20, 2018

We’ve simultaneously disdained and feared the fintechs, artificial intelligence and blockchain consortia. Timing is everything, and Feiger knew that after tripling the stock price since the 2009 downturn, it was time to get the shareholders a solid payback. Banks Leveraging Fintechs Award. The Fintech That Roared Award.

Fintech 102

Fintech Conference Innovation Community 102

Fintech Labs Insights

MAY 17, 2016

At an event celebrating the new opening Fenergo CEO Marc Murphy referred to a “perfect storm” in which stringent regulations have increased the time and cost of onboarding clients, leading to a poor client experience and increased cost for banks.

Marketing 16

Marketing New York Regulation Policies 16

Fintech Labs Insights

JUNE 29, 2016

The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting. Founded in 2009 and headquartered in Dublin, Ireland, Fenergo demonstrated its Deal Manager solution at FinovateSpring 2012.

Compliance 15

Compliance Taxes Management Regulation 15

Fintech Labs Insights

APRIL 7, 2017

Founded in Iceland in 2009, Meniga helps banks in 18 markets leverage their customer data to market and up-sell products and services to the banks’ 40 million end customers. In addition to its focus on harnessing banking data, Meniga’s latest challenge is helping banks comply with PSD2 regulations.

Data 21

Data Meeting Digital Banking Capital 21

Fintech Labs Insights

OCTOBER 16, 2016

Regulation. It’s been one year since EMV regulation in the United States was placed into effect. Expect to see much, much more activity as financial institutions and fintech companies develop applications using Amazon’s Alexa and the new Google Assistant. The NFC payment capability with Vodafone was piloted in Spain.

Trends 12

Trends Fintech blockchain America 12

Fintech Labs Insights

AUGUST 25, 2016

As the company’s CEO and cofounder Georg Ludviksson said, “Now, in addition to supporting banks in helping their customers better understand and manage their finances, we can further help banks engage with merchants and be compliant with upcoming regulations, such as PSD2.”.

Digital Banking 12

Digital Banking Capital Compliance Tools 12

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. GonzoBankers, 2019 was a year of extremes.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

MAY 26, 2017

. “A core part of our business transformation program will involve creating an internal, centralized KYC target operating model that will help us to simultaneously improve the client experience and reduce the cost impact of the regulator KYC activities,” Erftemeijer said.

Management 17

Management Innovation Compliance Capital 17

Fintech Labs Insights

MARCH 14, 2017

” In addition to improving the experience for the consumer, the company’s solutions also help FIs and fintechs grow while remaining compliant with privacy and data protection regulations. Won the Norwegian Fintech Achievement Award in 2017. Maintains 62 employees in eight different offices in seven countries.

Video 15

Video Regional Regulation Security 15

Fintech Labs Insights

JULY 15, 2015

Fenergo also makes it easier for institutions to keep compliant with both existing and emerging regulations. Founded in 2009 and based in Dublin, Fenergo made its Finovate debut at FinovateEurope 2012 in London.

Management 12

Management Capital Regulation Branding 12

Fintech Labs Insights

APRIL 10, 2017

With PSD2 regulations looming in the U.K. Founded in 2009. Dear: Our primary customers are members of instant payments schemes, ranging from tier 1 banks to fintechs. IT payment consultancy Icon Solutions is tackling the difficult task of helping banks offer instant payments. That’s where Icon Solutions comes in.

Payments 16

Payments Software Technology Fraud 16

Jessica Ellerm

MARCH 7, 2016

And to learn that during the period in which I have been in the workforce – 2009 to now – that womens pay in relation to mens has actively regressed, I was pretty outraged. Unsurprisingly, when pay is set by individual agreement, as is the case in the majority of private enterprises, the gender gap creeps even higher, to 21.7%.

US 40

US Training Company Regulation 40

Fintech Labs Insights

JANUARY 25, 2016

Prior to founding Nexmo in 2010, Jamous worked at Paymo, which was acquired by BOKU in 2009. These tools enable financial service providers to reduce fraud without the need to gain expertise in teleco rules and regulations. To dig a bit deeper, we recently chatted with the San Francisco-based company’s CEO, Tony Jamous.

San Francisco 12

San Francisco Bitcoin Fraud User Experience 12

Fintech Labs Insights

NOVEMBER 2, 2016

” This point was echoed by RIABiz, which noted in its reporting that changing investment styles and new regulations are forcing many asset management-related firms to re-evaluate the way they do business. “We see all the changes coming – like the move to passive investing and the new DOL rules,” Alfred told RIABiz.

Report 12

Report San Diego San Francisco New York City 12

Fintech Labs Insights

AUGUST 21, 2014

Relationship mortgages __ In late 2009, I refinanced my home through what was then ING Direct. I know the bank has its hands tied by regulation and secondary market requirements, but they could at least make me FEEL like I was saving time by rolling over an existing loan.

Digital Banking 25

Digital Banking Lending United States Regional 25

Fintech Labs Insights

MAY 4, 2015

Home-Account ( Fall 2009 ) which was acquired by Bills.com in 2010. That’s not nearly the amount of change I expected in this vital area, but the re-regulation of the mortgage industry, thanks to the housing debacle of 2008 to 2012, has taken it’s toll on innovations. Roostify ( Spring 2014 ). EyeOpen ( Europe 2013 ).

San Francisco 12

San Francisco UX Lending Colorado 12

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Rapyd , a London-based global payments network and “fintech-as-a-service” company ($120M across 2 Series C tranches, 2019). Seed VC, 2019).

Online 98

Online Company Retail Payments 98

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Mozido’s fintech fraud fiasco.

Fraud 78

Fraud Las Vegas Company Video 78