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Trulioo and the Regtech Revolution: How Smaller Teams Tackle the Compliance Challenge

Fintech Labs Insights

Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. Do the solutions to the compliance challenges faced by financial institutions lie in smaller teams and a better user experience?

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Top U.S. Digital Banks for Small Businesses

Fintech Labs Insights

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., Founded: 2014. Founded: 2014. Related: Student Banking UX: BankMobile Passport Program Encourages Digital Banking + Academic Achievement. So who are the best business banks? FAB score : 17.

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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Since 2014, Seacoast has been on a buying spree acquiring 14 banks. Early into the game, its first banking as a service partnership dates to 2014.

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The 25 Most Absurd Job Titles In Tech

CB Insights

As of this publication, LinkedIn showed active listings for a UX design alchemist at Critical TechWorks and a product and solutions development alchemist at Together Abroad. However, the title hit its peak around 2012 and fell by about 40% by the end of 2014. This is not the only alchemist position out there. Source: Jorge Royan.

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Calling All Startups: Reinvent the Mortgage Process (Please)

Fintech Labs Insights

The poster child for bad UX was the denial of a mortgage to previous Fed chairman, Ben Bernanke last year. Tactile Finance ( Spring 2014 ). Roostify ( Spring 2014 ). million in April 2014. million in Sep 2014. I had similar trouble last Fall , despite almost 20 years in the same home and job.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Given the number of angel and seed rounds that took place between 2014 and 2017, this lack of later-stage fundraising rounds suggests that few of those early chatbot investments were successes. Crafting a simple UX for a personal finance app is a tall order. Source: CB Insights. In January 2018, Facebook closed down M.