CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. In the introduction to the RFI, the FHFA noted President Biden’s March 2022 executive order.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. Company hires nearly 100 new staff globally in H1 2022, including senior appointments to support expansion. TS Imagine has hired 100 new staff globally in H1 2022, with the majority in development and data science roles.

New York 87

New York Software Capital Leadership 87

Insights on Business

MARCH 12, 2019

review of the capital requirements for market risk regulations, namely the Fundamental Review of the Trading Book (FRTB). It becomes effective in 2022, but banks should now, more than ever, implement the proposed changes in order to meet the deadline for reporting their Pillar I capital under the new methodologies.

Capital 79

Capital Regulation Strategy Operations 79

Bobsguide

MAY 12, 2022

2022 — Murex , the global leader in trading, risk management and processing solutions for capital markets, has?won?the category at the FTF News Technology Innovation Awards 2022. and its unwavering commitment to product innovation. PARIS, May 12,?2022 the Software Solution of the Year?category Murex’s MX.3

Software 78

Software Innovation Risk Management Capital 78

Bobsguide

OCTOBER 11, 2022

London, UK – October 10, 2022 – Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. www.contour.network.

Innovation 68

Innovation Software Capital Lending 68

CFPB Monitor

SEPTEMBER 12, 2022

On September 7, 2022, newly-appointed Vice Chair for Supervision at the Federal Reserve (the “Fed”), Michael S. Third parties that partner with banks to provide products and services, including alternative lenders and fintech companies, may also be impacted. Vice Chair Barr took office on July 19, 2022 for a four-year term.

System 78

System Capital Regulation Analysis 78

FICO

JANUARY 13, 2022

A mass of digital solutions and fintech innovations offering real-time Open Banking data alongside transactional insight into customer affordability and vulnerability are being touted to Tier-1 lenders. Will 2022 be the year when long-expected changes to collections industry operating models enjoy widespread adoption?

Industry 52

Industry Operations Regional Analytics 52

Abrigo

MAY 5, 2022

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry. keep me informed. Whitepaper. Asset/Liability. Fraud Prevention.

Community 195

Community Lending Maine Resources 195

Bank Activities

JULY 1, 2022

By Zoran Temelkov June, 2022. The Indonesian consumer fintech platform Flip has successfully completed a Series B extension round, raising an additional $55 million. The company states that the additional funds will be directed toward team development, product and technology innovations, and expansion of its operations.

Security 36

Security Capital Fintech Innovation 36

Bobsguide

OCTOBER 7, 2022

London, UK – October 6, 2022 – Finastra today announced the appointment of Helen Cook as Chief People Officer. In her role she takes global responsibility for the people organization and advancing the company’s aspiration to be the most inclusive and diverse employer in the Fintech industry. It serves institutions.

Leadership 122

Leadership Software Resources Lending 122

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. The selection was based on several factors, including company-submitted data, business model, tech innovation, marketplace momentum, team strength, and more. Funding.

Fintech 80

Fintech US Lending Cards 80

FICO

SEPTEMBER 30, 2022

Thu, 05/12/2022 - 10:29. Thu, 09/29/2022 - 15:15. Our eight judges are business leaders, analysts, media and innovators in their own right, drawn from nearly every continent. Nominations are due October 28, 2022, and winners will be announced January 26, 2023. Meet Our 2023 FICO Decisions Awards Judges. Saxon Shirley.

Meeting 52

Meeting Analytics Management Strategy 52

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. This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration. In 2018 we declared that the future of finance is open.

Leadership 68

Leadership Innovation Industry Capital 68

Bobsguide

APRIL 13, 2022

London, UK – April 12, 2022 – Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. Global Head of PR. T +44 (0)7917 613586. E caroline.duff@finastra.com.

Lending 112

Lending Community Leadership Capital 112

PYMNTS

JANUARY 30, 2020

Such sentiments are fueling strong growth in the use of corporate credit and virtual cards, with virtual card spend projected to grow to $355 billion by 2022 — up from $136 billion in 2017, marking a 21 percent compound annual growth rate (CAGR). These cards can help companies optimize working capital as well.

Cards 178

Cards Payments Fraud Capital 178

Independent Banker

MARCH 31, 2022

From credit union overreach to onerous overregulation, the 2022/23 ICBA board of directors has plenty on its to-do list. When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Photos by Chris Williams. By Molly Bennett.

Community Bank 239

Community Bank Community Industry Texas 239

Bank Innovation

MAY 4, 2018

A recent report by Statista Digital Market Outlook shows that by 2022, crowdfunding could grow to $57 billion globally, with China being the leader in this area. Crowdfunding is on the rise. To put the number in perspective, in 2017 $14.5 billion was raised by crowdfunding. So, $57 billion in a span of four years would […].

Marketing 210

Marketing Report Capital blockchain 210

Bobsguide

JULY 28, 2022

NYSE:BR), a global Fintech leader, and the Tokyo Stock Exchange Inc. As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. ” Digitizing and Streamlining. ” Digitizing and Streamlining.

Company 68

Company Meeting Capital Exercises 68

CB Insights

OCTOBER 4, 2022

CB Insights has unveiled the winners of the fifth annual Fintech 250 — a list of the 250 most promising private fintech companies worldwide. . GET the list of 2022 fintech 250 companies. Clients can access the entire Fintech 250 list and interactive Expert Collection here. FINTECH 250 COHORT HIGHLIGHTS.

Fintech 101

Fintech Company cryptocurrency Marketing 101

Bobsguide

AUGUST 30, 2022

and LONDON, August 22, 2022 — Finastra and FormFree ® , a market-leading fintech company that enables lenders to understand people’s true ability to pay (ATP®), have partnered to further streamline electronic borrower verification for mortgage lenders. Twitter: @RealFormFree #mortgage #mortgageindustry #fintech #digitalmortgage.

Lending 74

Lending Fintech US Data 74

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Then right back to the impossible in 2022. Best Fintech Acquisition by a Bank.

Fintech 143

Fintech Strategy Leadership Lending 143

CFPB Monitor

SEPTEMBER 8, 2020

These are SB-908, which will require debt collectors to be licensed beginning January 1, 2022, and AB-376, which includes the Student Loan Borrower Bill of Rights. The CCFPL requires the DFPI to establish a “Financial Technology Innovation Office.” Below is a high-level overview of the AB-1864. DBO: New Name, Expanded Powers.

California 78

California Innovation Regulation Report 78

Bobsguide

FEBRUARY 21, 2022

Luxembourg, 1st February 2022 – Biller, an AI-driven Buy Now Pay Later (BNPL) company focused on business invoices, is set to join the B anking Circle ecosystem of financial services and applications. Dutch provider of B2B BNPL solutions will become part of the Banking Circle ecosystem.

Meeting 60

Meeting Payments Operations Online 60

Independent Banker

DECEMBER 31, 2022

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. I’m excited going into 2023, because we have the capital to do more and make a difference in the communities that we serve.”. Sills: Our bank has about $100 million in new capital. By Beth Mattson-Teig.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Lex Sokolin

JULY 19, 2019

Facing pricing pressure and headwinds in several of its businesses, Deutsche is responding with a plan to fire 18,000 employees by 2022 and an announced investment of €13 Billion in technology and innovation by 2022. What I believe we are seeing now is actually worse than innovation theater. Wall Street ain’t buying it.

Training 40

Training Innovation Technology Software 40

Gonzobanker

DECEMBER 19, 2022

Who saw 2022 coming and accurately predicted the headlines? A few modest examples of the 2022 roller coaster ride: The Fed rate hikes in 2022 totaled 425 basis points. In 2021, there were more than 120 fintech IPOs in the U.S., In 2022, there was… wait for it… exactly one. Goes to 2022. OK, show of hands.

Community 216

Community Fintech Industry Innovation 216

Abrigo

MAY 22, 2024

trillion between 2019 and 2022. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. Online fintech lenders and merchant cash advance providers are also making up ground. Online fintech lenders had a market share of about $25 billion.

Lending 195

Lending St. Louis Community Marketing 195

FICO

DECEMBER 15, 2021

The pandemic isn’t the sole cause of this, as fintechs have been upending traditional banking models for years. In 2022 consumers will increasingly expect to be able to service all of their requirements, however complex, online. Here’s what we at FICO see for next year. Lenders Will Take a New Approach to Measuring Affordability.

Lending 52

Lending Data Risk Management Regulation 52

Abrigo

APRIL 22, 2024

trillion between 2019 and 2022. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. Online fintech lenders and merchant cash advance providers are also making up ground. The market surged to as high as $2.4 trillion in 2020 as a result of COVID-19 relief programs.

Lending 243

Lending St. Louis Community Marketing 243

Fintech Labs Insights

FEBRUARY 5, 2022

Capital markets access via third-party referrals. Fintech stack: – Banking services from Evolve Bank & Trust (dba Synapse ). Bank Automation News (fka Bank Innovations ), 13 Jan 2021 (paywall). Top 17 Online Digital Corporate Credit Cards for Small Businesses (Feb 2022). Minimum deposit of $50k for U.S. APY of 0.01%.

Cards 15

Cards Payments Management Video 15

FICO

JANUARY 18, 2023

Top 5 Debt Collection Posts of 2022: Crisis and Opportunity. The continuing effects of the pandemic, rising costs of living and skyrocketing energy costs put sharp pressure on household budgets in 2022. Here are the top five posts from 2022 on debt collection trends. Debt Collection and Debt Resolution in 2022.

Strategy 52

Strategy Analytics Data Resources 52

South State Correspondent

JULY 25, 2022

Rate Hikes: Overall, most banks underestimated the number of rate hikes and the rate of net interest margin expansion in 2022. How are you handling partnerships, and are you part of any fintech consortiums to assist are now common questions. General Performance. Most banks included 75bps in rate hikes. Top Line Revenue & Lending.

Trends 195

Trends Lending Marketing Capital 195

Bobsguide

JULY 7, 2022

Winning projects of Finance and Innovation for Good competition include initiatives focused on green finance, financial inclusion and ESG investing. 2 nd place: Yam , a digital banking app focused on improving financial inclusion in Africa, including the illiterate population, with some unique digital accessibility innovations.

Innovation 68

Innovation social media Capital Digital Banking 68

PYMNTS

JULY 9, 2020

There’s no single path to payments infrastructure innovation. And still for others, like InstaReM, payments innovation involves a mix of infrastructure. Below, PYMNTS rounds up the top stories in payment rail innovation. For others, including AeroPay and Oxbury Bank, the journey involves adding value onto existing rails.

blockchain 193

blockchain System Payments Innovation 193

CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. This openness to banking alternatives presents opportunities for fintech startups looking to innovate in financial services from the outside. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

Lex Sokolin

APRIL 27, 2022

a way to understand the market impact of these technological innovations in a way that can create an intuition for the generation of value. And differentiation leads to evolution, competition, and innovation. And it shouldn’t be “just” some highly optimized Bee getting all the pollen in 2022. such as ourselves?—?a

Apple 52

Apple Fintech Innovation System 52

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. That’s enough to send normal people into the fetal position.

Fintech 194

Fintech Community Regional Technology 194