The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 43

Digital Banking Branding Innovation Strategies ATM 43

Bobsguide

SEPTEMBER 22, 2022

Finastra named a top global provider in IDC FinTech Rankings. London, UK – September 21, 2022 – Finastra is proud to be ranked one of the top providers in the 2022 IDC FinTech Rankings. This year marks Finastra’s entry into the top five and as a Fast Track FinTech, having risen significantly in the rankings from last year.

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Fintech Financial Technology Software Capital 74

PYMNTS

OCTOBER 22, 2020

The discussion was part of the ongoing B2B Payments 2021 PYMNTS TV series. And with a nod toward capital market innovation, Bergeron predicted “a lot of money will run to them until there’s too much money in them.”. That trend has pushed FinTechs and FIs to craft more direct financial interactions with consumers. Challenges .

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Fintech Capital Innovation Data 169

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. billion by 2021.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

FEBRUARY 3, 2020

Banking is no longer just for traditional FIs, thanks to open banking’s spread. Digital banking development is poised to explode in Singapore, where legacy institutions have traditionally dominated. APIs and open banking growth. The impact these digital licenses could have on Singapore cannot be understated.

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Digital Banking Innovation Maine Regulation 185

PYMNTS

APRIL 19, 2017

billion by 2021. The growth has also caught the interest of companies like Bank of America, Facebook and Samsung, which are investing in building products that use intelligent virtual assistants, interactive text and interactive voice services. billion in 2016 to $9.59 About the Tracker.

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Digital Banking Technology Samsung Meeting 180

PYMNTS

JANUARY 7, 2021

In an environment in which connecting small- to medium-sized businesses (SMBs) to vital financial services and products is more imperative than ever, the world of SMB banking and FinTech is fostering an ecosystem of collaboration to expand availability. Orange Bank Acquires Anytime.

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Strategy Fintech California Community 196

CB Insights

JUNE 30, 2021

Philippines-based PayMaya, which is owned by Voyager Innovations, offers a slew of fintech services, such as a digital wallet, bill payments, and bank transfers. As of June 2021, PayMaya’s mobile wallet and remittance services have doubled to 38M in a period of 18 months. HOW’S THE COMPANY PERFORMING?

Digital Banking 51

Digital Banking Company National Innovation 51

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 26

Digital Banking Branding Innovation Strategies ATM 26

PYMNTS

SEPTEMBER 21, 2020

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 Digital small business insurance provider Next Insurance is negotiating an arrangement to bring in new capital that would reportedly value the FinTech upstart at $2.25

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Resources Capital Fintech Cards 223

PYMNTS

JANUARY 20, 2021

The trend, then, is toward collaboration between traditional FIs and tech-savvy FinTech upstarts, to develop digital first offerings that dovetail with the new (online) normal wrought by the pandemic. Dan Weaver, open banking expert at Equifax U.K., million U.K. s TrueLayer , it will expand into Germany.

Data 188

Data Innovation Fintech Regulation 188

Gonzobanker

FEBRUARY 11, 2021

But some things do change, and according to Cornerstone Advisors’ 2021 What’s Going On In Banking study, the change in three priorities signal a shift in how FIs are managing technology: 1. In addition, a little more than half of financial institutions (54%) intend to launch new products or services in 2021.

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Lending Fintech Technology System 128

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? banks collected $15.47

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Fintech Millennials Lending Tools 52

Fintech Labs Insights

MARCH 15, 2024

In the fintech space, only Fintech Meetup , launched in 2021, has reached critical mass this decade. Last week’s event in Las Vegas attracted a self-reported 4,000 attendees and was the talk of the fintech pods and Substacks the last few weeks. The pandemic slowed the introduction of new events.

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Conference Las Vegas Fintech Case Study 15

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. Fintechs in need of charters are prompting new banks to enter BaaS seeking a “white whale.”

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Community Bank Strategy Risk Management Fintech 133

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Many of the partner processors working with Mastercard are also working to enable card products for FinTechs. The plastic cards, she noted, do not display the six-digit PAN, CVC2 or expiration dates (which boosts security, too).

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Cards Management Tools Guidelines 249

Fintech Labs Insights

MAY 2, 2023

Below is our curated list of top fintech, banktech, payment tech, investech global conferences for 2023. These the biggest and best events in the financial services space geared towards technologists, product managers, developers, marketers and C-Suite execs at both financial institutions and rival fintech firms. 100+ speakers.

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Conference Las Vegas San Francisco Fintech 29

PYMNTS

NOVEMBER 23, 2020

Small and medium-sized businesses (SMBs) got their clocks cleaned by the pandemic, and turning to their traditional lending sources, they’ve encountered sclerotic systems and outdated policies not conceived for the needs of the recovering Main Street merchants of 2021. Meanwhile, for many, their primary banking relationships went fallow.

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Data User Experience Fintech Lending 143

PYMNTS

JANUARY 11, 2021

"Probably the biggest decision we made several years ago was to invest heavily in technology and modernizing our platform, because at the end of the day, if your technology is not agile, and if your APIs or onboarding don't work well, there is very little innovation that you can do," said Georgakopoulos.

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Payments Strategy Fintech Tools 198

Gonzobanker

AUGUST 18, 2021

In our annual What’s Going On in Banking survey, Cornerstone asked executives at mid-size banks and credit unions, “What new products or services does your institution plan to launch in 2021?”. The number one answer was digital account opening, which tied with existing system modifications/improvements.

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Lending Survey Industry Software 174

CB Insights

AUGUST 26, 2021

It’s starting to see big payoffs from some of its bets, such as South Korea-based e-commerce giant Coupang , which went public in March 2021 at a $56.6B So far in 2021, SoftBank is investing in a record number of deals. So far in 2021, SoftBank is investing in a record number of deals. First name. Company name. Phone number.

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Regional Fintech Analysis Company 94

The Financial Brand

JANUARY 12, 2021

The post Will Neobanks Shift from Growth to Profit in 2021? While these disruptors may seem to lead a charmed life, their investors still want an ROI and as neobanks age they have to start producing. appeared first on The Financial Brand.

Branding 32

Branding Innovation Strategies Strategy Digital Banking 32

Fintech Labs Insights

MAY 12, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Digital Lenders: Year Founded. 2019 to 2021 >>> 0. Digital Lenders (ranked by our FAB score*). Source: Compiled by FintechLabs, 11 May 2021 from Crunchbase, SimilarWeb data. *(As Prior to 2007 >>> 3.

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Atlanta Utah DC Detroit 15

Fintech Labs Insights

NOVEMBER 19, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Digital Lenders: Year Founded. 2019 to 2021 >>> 3. Digital Lenders (ranked by our FAB score*). Source: Compiled by FintechLabs, 15 Nov 2021, from Crunchbase, SimilarWeb, SEMRush data. *(As Prior to 2007 >>> 4.

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Atlanta Utah Miami DC 15

Fintech Labs Insights

DECEMBER 7, 2020

As the year (finally) winds down, it’s not too late to take in a fintech event with 6 coming up this week and next. While most conferences are waiting for more info on COVID and vaccines before committing to 2021 dates, we will keep you up-to-date on all the events, virtual and hopefully the other kind on our Fintech Conference Calender.

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Conference Fintech Digital Strategies Financial Technology 15

Gonzobanker

DECEMBER 22, 2020

South State and CenterState cut a great “gene pool mixing” deal that positions the now $30 billion bank well across a vibrant Southeast footprint. Expect more cost-driven MOEs in 2021! Bank Deal of the Year PNC nabs BBVA USA – paying 1.3 Jill is continually demonstrating just how loud a $300 million community bank can roar!

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Idaho Community Industry Strategy 181

Gonzobanker

JULY 6, 2021

As information technology departments move from being the provider of all technology services to orchestrator of technology innovation, chief information officers are rightfully asking, “How do we reinvent ourselves in this digital age when we’re saddled with legacy tech debt of 30-year-old, difficult-to-integrate, flat-file-based core systems?”.

Strategy 158

Strategy System Risk Management Technology 158

Fintech Labs Insights

MAY 12, 2021

Naturally, we were excited about it, naming it the biggest innovation of the year. Digital Lenders: Year Founded. 2019 to 2021 >>> 0. Digital Lenders (ranked by our FAB score*). Source: Compiled by FintechLabs, 11 May 2021 from Crunchbase and SimilarWeb data. *(As Prior to 2007 >>> 3.

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

FEBRUARY 5, 2022

FAB Score = 63 Rank: #3 on our list of Top 12 Digital Banks for SMBs. Raised $120M: $20M equity ($15M in 2021), $100M debt (all in 2021) ( Crunchbase ). Fintech stack: – Banking services from Evolve Bank & Trust (dba Synapse ). Quality articles: – TechCrunch , 13 Jan 2021. HQ: NYC (SOHO).

Cards 15

Cards Payments Management Video 15

Fintech Labs Insights

APRIL 16, 2020

Umpqua Bank’s Homepage During Middle of Coronavirus Crisis (15 Apr 2020). In my 25 years in the fintech space, I’ve had the misfortune to experience three massive ecosystem shocks. To help gauge where fintech is now and how and when it will get back on its feet, let’s compare and contrast the three downturns and their recoveries.

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Fintech UX Community Comparison 15

Independent Banker

DECEMBER 31, 2022

Q: Does your bank plan to open any new line of business in 2023? Sills: We are currently an SBA 7(a) lender, and we participated in the PPP program in 2020 and 2021. West: We have a major initiative to significantly improve our digital delivery system. It’s a major undertaking for a bank of our size. Colleen Morrison.

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Community Bank Community Tampa North Carolina 91

PYMNTS

JULY 3, 2020

So, I think the solutions going up now are for the long term, and we’re seeing some really good innovation out there.”. The pandemic has been an incredible incubator for digital progress, but Taylor said that doesn’t change the fact that it’s also extracting high costs. A Hopeful Tomorrow. percent in May, up from only 5.3

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Innovation Software Mobile Cards 245

PYMNTS

DECEMBER 17, 2019

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing.

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Metro Regional Fintech National 136

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

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Community Fintech Industry Innovation 216

Fintech Labs Insights

OCTOBER 17, 2020

AidBanc, which officially launched just 9 months ago ( though it was formed in late 2018 according to Linkedin ), has already signed LOIs ( letter of intent ) with 3 non-profits ( including Winrock Internationa l , per “Innovate Arkansas” interview below ) with a combined $80M in aid flow.

Arkansas 15

Arkansas Management Fintech Digital Banking 15

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. Paul Murphy, founder of Murphy & Co.

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Fintech Community Regional Technology 195

Fintech Labs Insights

APRIL 15, 2021

Early on, fintech startups were a small part of its class, although Stripe (S09) and Coinbase (S12) were notable (and extremely profitable) exceptions. When I looked at YCvalums in mid-2014 , there had been just 40 fintech grads in its first 10 years. Founded: 2021. The digital bank for small businesses in the Philippines.

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San Francisco CA Fintech Company 15