PYMNTS

AUGUST 7, 2018

Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the competition into allies and upgrade their lending services without the burden of in-house R&D. However, the Federal Reserve ‘s latest analysis of the U.S.

Lending 100

Lending Survey National Trends 100

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2

Fintech 109

Fintech FDIC Capital Community Bank 109

CFPB Monitor

MARCH 15, 2021

Court of Appeals for the Second Circuit held oral argument last week in the OCC’s appeal from the district court’s final judgment in the lawsuit filed by the New York Department of Financial Services (DFS) seeking to block the OCC’s issuance of special purpose national bank (SPNB) charters to non-depository fintech companies.

Fintech 78

Fintech New York National Analysis 78

CFPB Monitor

FEBRUARY 20, 2019

The Conference of State Bank Supervisors (CSBS) announced last week that it has agreed to implement 14 recommendations made by its Fintech Industry Advisory Panel (Advisory Panel). It has 33 fintech company members that engage with the CSBS Emerging Payments and Innovation Task Force and other state regulators.

Fintech 68

Fintech Conference Survey Regulation 68

CFPB Monitor

JANUARY 9, 2019

federal district court in October 2018 by the Conference of State Bank Supervisors (CSBS) to stop the OCC from issuing special purpose national bank (SPNB) charters to fintech companies. Nothing in the NBA identifies deposit-taking as an indispensable function for a national bank to be engaged in the “business of banking.”.

Fintech 60

Fintech Regulation New York National 60

Bank Innovation

MARCH 8, 2018

EXCLUSIVE – In honor of International Women’s Day, it’s important to appreciate the progress women have made in the fintech world. But, it’s equally necessary to acknowledge that there’s a long way to go. Female-led startups still have a harder time getting investment, perhaps because most investment firms are led my men.

Video 186

Video Fintech National Capital 186

CFPB Monitor

OCTOBER 29, 2018

federal district court to stop the Office of the Comptroller of the Currency (OCC) from issuing special purpose national bank (SPNB) charters to fintech companies. The new lawsuits were filed in response to the OCC’s July 2018 announcement that it would begin accepting applications for SPNB charters from fintech companies.

Fintech 60

Fintech Regulation New York National 60

CB Insights

DECEMBER 12, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B , a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT.

Fintech 41

Fintech US Lending Analytics 41

CFPB Monitor

MAY 19, 2022

The Department alleges that 100% of the loans to Connecticut residents originated on the Platform from June 2018 to August 2021 either contained a Lender Tip or a Solo Tip. To lend or borrow using the Platform, lenders and borrowers are required to set up a special account at a designated bank.

Connecticut 78

Connecticut Operations Fintech Regulation 78

South State Correspondent

JUNE 9, 2022

Most fee income generated by larger banks is not related to investment banking, wealth management, cryptocurrency, or Fintech. The graph below compares fee income (non-interest income) to total revenue from 2018 to Q1’22 for banks over $25B (81 largest banks) and banks under $2B (4k community banks).

Community Bank 195

Community Bank Community Comparison Fintech 195

CFPB Monitor

JANUARY 19, 2022

federal district court in December 2020 seeking to block the OCC from granting a national bank charter to Figure Technologies Inc. The lawsuit represented the CSBS’s third challenge to the OCC’s authority to issue special purpose national bank (SPNB) charters to non-depository fintech companies or to uninsured deposit-taking fintechs.

Technology 78

Technology National FDIC Fintech 78

PYMNTS

DECEMBER 5, 2018

India saw a busy year in B2B FinTech as the small business (SMB) community continued to demand enhanced financial services. The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation.

Innovation 171

Innovation Survey Operations Community 171

CB Insights

DECEMBER 19, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B, a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. ZhongAn Insurance.

Fintech 51

Fintech Regional Analytics Groups 51

PYMNTS

DECEMBER 5, 2019

Which has created an opportunity for FinTech players worldwide — but also perhaps a series of unseen risks for Indian consumers. But where banks don’t provide, FinTech innovators rush to fill a vacuum. billion into lending startups. And, according to Wall Street Journal reports, in 2018 U.S.

Lending 131

Lending Fintech Regulation Report 131

PYMNTS

OCTOBER 30, 2018

The platform is designed to make it easy to set savings goals, control how long savings payouts will be and to invite friends and family members to either save collaboratively or contribute directly to users’ savings efforts through direct lending. It is also a highly mobile nation: According to a TRAI report , 95.78

National 122

National Fintech Mobile Lending 122

PYMNTS

JANUARY 12, 2020

They want insurance, lending, investment opportunities and multiple products,” said Narayanan, epiFi CEO. India started building a national digital financial infrastructure when the number of Indians with bank accounts reached 53 percent in 2014, up from 35 percent in 2000. In 2018, international investors invested a record $9.6

Google 101

Google Capital Millennials Digital Banking 101

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

FEBRUARY 19, 2019

months in the first half of 2018, from 5.6 The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said. making it one of the nation’s first new community banks in years. months in the first half of 2017.

Marketing 108

Marketing Community Community Bank Industry 108

CFPB Monitor

SEPTEMBER 28, 2022

The Center for Responsible Lending (CRL) and the Consumer Bankers Association (CBA) have filed a joint petition with the CFPB that urges the Bureau to engage in rulemaking to define larger participants in the market for personal loans. Under the CFPB’s new procedure, docketed petitions will receive a final response from the CFPB. (CBA

Fintech 78

Fintech Marketing Security Lending 78

CFPB Monitor

FEBRUARY 14, 2019

” In September 2018, the Bureau proposed significant revisions to its “Policy to Encourage Trial Disclosure Programs” which sets forth the Bureau’s standards and procedures for exempting individual companies, on a case-by-case basis, from applicable federal disclosure requirements to allow those companies to test trial disclosures.

Policies 68

Policies Groups Fintech Lending 68

PYMNTS

DECEMBER 27, 2019

With the possible exception of FinTechs that stand to gain from customer defections and perhaps some legacy banking competitors, no one is rooting against the CUs. That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits. Digital Unison.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

Abrigo

NOVEMBER 29, 2021

Financial institutions generate most of their income by lending and investment activities. Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). To remain competitive, some of the nations’ largest banks have introduced new products.

Community Bank 195

Community Bank Community FDIC Trends 195

William Mills

MAY 9, 2018

Welcome to FinovateSpring 2018. There are a number of great events in FinTech but this one I do my best to attend each year. A TON of really old technology is being used in mortgage lending. Product distribution strategy: Through financial institutions, through other fintech companies and platforms. Good job AI Foundry!

Security 40

Security Samsung Strategy San Jose 40

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

Taxes 144

Taxes America National Community 144

FICO

AUGUST 27, 2018

Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside. Fintech Policy in the US: New Credit Models and the Promise of Alternative Data. Fintech Policy in the US: Data Aggregation and Consumer Financial Account Data. It’s August and it’s hot in Washington DC.

Policies 49

Policies US Fintech DC 49

Bobsguide

OCTOBER 4, 2022

London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. In 2018 we declared that the future of finance is open. The platform is the key orchestrator in driving innovation to Finastra customers, whether they are banks, financial institutions or other fintechs.

Leadership 68

Leadership Innovation Industry Capital 68

South State Correspondent

MAY 13, 2024

Its ability to detect and uncover money laundering and fraud at scale, including those perpetrated by organized crime, terror financing, and nation-state actors, is unparalleled. The rule would require disclosure of interest rates and fees on overdraft loans, thus closing the current loophole in overdraft loans from the Truth in Lending Act.

Conference 195

Conference Payments Fraud Data 195

CFPB Monitor

FEBRUARY 14, 2019

Those agencies are to be identified by the National Science and Technology Council Select Committee on Artificial Intelligence Select Committee. The order directs certain federal agencies to pursue various strategic objectives to promote and protect American advancement in AI.

Lending 84

Lending Community National Leadership 84

CFPB Monitor

AUGUST 13, 2018

( In its recent fintech report , the Treasury Department recommended that the FDIC reconsider its guidance on direct deposit advance services and issue new guidance similar to that issued by the OCC.

FDIC 68

FDIC Community Lending Guidelines 68

Fintech Labs Insights

SEPTEMBER 21, 2020

The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Founded: 2018. 10M July 2019 $3M July 2018 $400k Aug 201.

Innovation 15

Innovation Fintech blockchain Capital 15

Celent Banking

APRIL 7, 2017

Lending Product. National Australia Bank, Australia. We have no doubt that you are all working on exciting things and hope that you will consider submitting your initiatives for 2018 awards. Emerging Technology for Businesses. CBW Bank, USA. Banking as a Platform. Open Banking. Credit Suisse AG, Switzerland. DenizBank, Turkey.

Case Study 189

Case Study Boston Risk Management Study 189

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech. Amazon Payments.

Cards 101

Cards Lending Strategy US 101

PYMNTS

SEPTEMBER 11, 2019

In addition, passporting can help companies expand services across nations. In Denmark, to offer up another example, the FinTech firm known as Nordic API Gateway, which offers the money app Spiir, said earlier this month that it received a payment initiation service provider (PSIP) license. Circling back to the U.K.,

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JULY 7, 2018

The store will open in Fall 2018. From concept to its launch in January of 2018, Amazon Go took five years to make it to market with its first location, found on the ground floor of the firm’s new headquarters. ” And Lyft is growing, not just in terms of the bike fleet it has just added to its lineup.

Samsung 110

Samsung Payments Seattle Google 110

Abrigo

DECEMBER 20, 2021

The AML Act of 2020 will more than likely overhaul the 2018 CDD rule with stricter beneficial ownership requirements. Lending & Credit Risk. How to Establish Quality Fintech Partnerships. CDD is widely considered the fifth pillar of BSA. The world is watching the U.S., Learn More. Asset/Liability. Loan Origination System.

Resources 195

Resources Texas Analysis System 195

William Mills

JULY 19, 2018

While many of the industry’s premier conferences have come and gone, there are still many more to look forward to for the rest of 2018. However, some of the smaller, more intimate events may have more of an impact on your bottom line than the big, national conferences that are already on your radar. NAMB National , Dec.

Conference 42

Conference San Diego Dallas San Francisco 42

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. John Beale , longtime CIO of City National Bank. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations.

Idaho 172

Idaho Community Industry Strategy 172