BankInovation

SEPTEMBER 30, 2022

Investments in fintechs dropped in the first half of 2022 compared with high funding volume in 2021 as interest rates continue to rise. However, investors are setting their sights on financial technology firms that have strong proven business models. Fintech startups raised $50.7

Fintech 52

Fintech Financial Technology Technology Security 52

CFPB Monitor

JULY 21, 2021

Last week, the OCC, Federal Reserve Board, and FDIC issued proposed guidance for banking organizations on managing risks associated with third-party relationships, including those with financial technology-focused entities such as bank/fintech sponsorship arrangements. On August 6, 2021 from 12:00 p.m. to 1:00 p.m.

Risk Management 78

Risk Management Management FDIC Financial Technology 78

CFPB Monitor

JANUARY 25, 2021

Per the Utah Department of Financial Institutions website, Rakuten Bank America’s application for a Utah ILC charter was received on July 26, 2019 and remains pending. .

FDIC 78

FDIC Utah America Financial Technology 78

PYMNTS

FEBRUARY 7, 2020

The head of research at financial technology consultancy 11:FS, Sarah Kocianski, said the changes have already caused problems. The Financial Conduct Authority (FCA) has delayed compliance deadlines to 2021, but some banks have started to take action regardless.

Cards 204

Cards Regulation Digital Banking Maine 204

PYMNTS

JANUARY 21, 2021

Globe Telecom’s financial technology division, Globe Fintech Innovations of the Philippines, notched $175 million in additional venture funding in January. Plus, TransferWise is anticipated to file its initial public offering (IPO) with joint coordinators Goldman Sachs and Morgan Stanley.

Policies 149

Policies Payments Groups Bitcoin 149

Jeff For Banks

APRIL 27, 2023

Industry pundits in the know about everything financial technology and financial technology firms will soon be clinking martini glasses saluting each other and telling stories about their profitability and number of bank installs they have under their belt. It is a veritable "who" of financial technology firms.

Financial Technology 78

Financial Technology Strategy Fintech New York 78

PYMNTS

MARCH 6, 2020

Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems. The system will come fully online in the city by 2021, according to the MTA.

Payments 304

Payments New York Metro New York City 304

CFPB Monitor

JANUARY 12, 2021

The California Consumer Financial Protection Law (CCFPL) became effective on January 1, 2021. The DFPI is “preparing to open a new Office of Financial Technology Innovation that will engage with new industries and consumer advocates to encourage consumer friendly innovation and job creation in California.

Exercises 127

Exercises California Innovation Financial Technology 127

Bobsguide

SEPTEMBER 22, 2022

IDC’s prestigious annual ranking highlights the leading companies in financial technology. Vendors on the elite list are recognized based on 2021 calendar year revenues attributed to financial services and fintech industries, and have demonstrated their commitment to their customers and the industry. “The

Fintech 74

Fintech Financial Technology Software Capital 74

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide).

Community Bank 78

Community Bank Community Fintech Company 78

The Paypers

NOVEMBER 18, 2020

Sydney-based fintech aircrex has partnered with financial technology and data intelligence company Finch to power its autonomous finance platform targeting Australian millennials and Gen Z set to launch in 2021.

Millennials 31

Millennials Financial Technology Fintech Data 31

Bobsguide

SEPTEMBER 19, 2022

Financial companies are doubling down on IT. IDC’s Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues. The company reported a record year in 2021, achieving its best-ever revenue and earnings. Increased demand brings record year for GFT.

Fintech 68

Fintech Taxes Customer Experience Industry 68

PYMNTS

AUGUST 28, 2019

The statements were contained in the PBOC’s FinTech Development Plan 2019-2021. As the site reported, the plan states that stronger FinTech risk controls should be in place, and adds that FinTech can help improve the quality of financial services through the country.

Fintech 172

Fintech Analysis Guidelines Data 172

CFPB Monitor

JANUARY 13, 2020

Governor Newsom’s proposals are part of his 2020-2021 proposed budget. Establishing a new Financial Technology Innovation Office. million Financial Protection Fund and 44 positions in 2020-21, growing to $19.3 California. Licensing and examining new industries “that are current under-regulated”. The budget includes a $10.2

CA 78

CA California New York Regulation 78

FICO

DECEMBER 8, 2020

Every year, the financial technology industry eagerly awaits the Chartis Research RiskTech100. This prestigious ranking of the top 100 players in risk technology is determined by Chartis Research , the leading provider of research and analysis on the global market for risk and finance technology. Looking forward to 2021.

Innovation 52

Innovation Fraud Maine Analysis 52

PYMNTS

DECEMBER 24, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . Investors, we noted, watch other investors and may bid prices higher — in expectations that prices will go, well, higher.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

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. Or Hatch Bank, which, after partnering with HMBradley, saw deposits grow 300% in the first half of 2021.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

CFPB Monitor

SEPTEMBER 8, 2020

We previously wrote about California Governor Newsom’s 2020-2021 Budget and an accompanying trailer bill that would rename the Department of Business Oversight (“DBO”) and significantly increase its ability to oversee financial services providers in the state. Ballard Spahr to hold webinar on this legislation on September 29, 2020.

California 78

California Innovation Regulation Report 78

PYMNTS

MAY 28, 2019

By 2021, close to 90 million – or 86.5 Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. And some marketplaces in Asia are growing their services through tie-ups.

Apple 159

Apple Mobile Fraud Branding 159

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Cornerstone Advisors continues to sound the drum that bank executives have way too little visibility into the spend and target outcomes of their technology investments.

Technology 145

Technology Regional Community Bank Community 145

Fintech Labs Insights

DECEMBER 7, 2020

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. Fintech & Financial Services Event Calendar (full calendar here ). wrapping up your holiday shopping)!

Conference 15

Conference Fintech Digital Strategies Financial Technology 15

PYMNTS

JUNE 27, 2019

The goal is to become one of the most valuable financial technology startups in the world as it eyes a region-wide expansion and seeks a valuation between $8 billion and $10 billion, according to reports in Recode. While Nubank is far from a household name in the U.S., And, according to Nubank, it’s just getting started.

blockchain 147

blockchain Payments Regional America 147

NCR

FEBRUARY 14, 2017

‘If it ain’t broke, don’t fix it’, so the saying goes, but this approach could be risky as other banks may be embracing the wider changes in financial technology as they look to innovate and grow. Image: iStock/Oko_SwanOmurphy.

Retail 75

Retail ATM Innovation Security 75

Fintech Labs Insights

MAY 2, 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. For the most part, financial technology event planners are organizing in-person gatherings, often with a virtual option.

Conference 29

Conference Las Vegas San Francisco Fintech 29

CFPB Monitor

JULY 21, 2022

linked to an ally of Vladimir Putin; and the fact that the 2021 “ United States Strategy on Countering Corruption ” stressed AML deficiencies tied to lawyers, accountants, trust and company service providers, and incorporators.

United States 78

United States Taxes Regulation Compliance 78

CFPB Monitor

DECEMBER 22, 2020

The final rule, which includes material differences from the FDIC’s proposal, becomes effective April 1, 2021, with full compliance extended until January 1, 2022. Under the final rule, fewer deposit relationships will be deemed brokered deposits. Brokered Deposits.

FDIC 78

FDIC Capital National Regulation 78

Tech and Finance

JUNE 14, 2018

I publish occasionally at the Articulate Communications blog on issues of financial technology, banking and associated public relations and marketing topics. They include such stunning news as John Hancock on mindfulness and a bit on risk analysis that survey 499 residents of Tianjin, China on how they view self-driving cars.

Survey 28

Survey Millennials Fraud Mobile 28

PYMNTS

JANUARY 19, 2021

Plaid, the financial technology upstart, is looking at increasing its size in Europe by two times. Plaid is reportedly looking to have about 80 staffers in the London and Amsterdam offices by the close of 2021. Plaid To Focus On Growing European Market. Yellen: Next COVID Relief Package Benefits 'Outweigh The Costs’.

Lending 187

Lending California Financial Technology Report 187

PYMNTS

JANUARY 15, 2021

Now, with 2021 underway, organizations will begin to demonstrate the progress they've made as they move from digitizing workflows to optimizing payments and finance. Now that financial technology is available to businesses, chief financial officers (CFOs) have more options in their toolkits to take action.

Payments 183

Payments Data Tools System 183

CFPB Monitor

NOVEMBER 22, 2022

The report was issued in response to President Biden’s July 2021 Executive Order on promoting competition. That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition.

Fintech 78

Fintech Report Data Lending 78

Fintech Labs Insights

OCTOBER 16, 2016

TRILLION in annual purchases via mobile 5 years from now (2021). The three startups that won the challenge will develop PoCs using technologies like smart contracts (SmartContract), distributed ledgers (Rise Financial Technologies), and open source blockchain platforms (Coin Sciences). InsurTech Rising.

Trends 12

Trends Fintech blockchain America 12

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., Randy Newman, Alerus Financial – For 40 years, Newman guided Alerus out of a flooding disaster in North Dakota to the creation of a diverse financial powerhouse focused on banking, mortgage, wealth management, and retirement services. Best Industry Afterparty.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. Nearly 2 million customers and $20 billion in deposits since entering the country with a digital bank in 2021. The Monty Python “Biggus Dickus” Award – goes to Sen.

Fintech 195

Fintech Community Regional Technology 195

CB Insights

OCTOBER 31, 2019

This flurry of activity generated a lot of excitement about the technology’s potential. Gartner predicted 80% of all new enterprise applications would be using chatbots by the year 2020, and that by 2021 chatbots would be the “most important platform paradigm” for the enterprise. Fintech: Contract review & bill negotiation.

Industry 78

Industry Examples Tools Retail 78

CFPB Monitor

SEPTEMBER 24, 2020

The Conference of State Bank Supervisors (CSBS) recently announced plans to establish a program under which money transmitters licensed in multiple states will undergo a single comprehensive exam that seeks to satisfy all state examination requirements, beginning in 2021. Currently, there are 78 companies that meet this threshold.

Regulation 60

Regulation Payments cryptocurrency Conference 60