Remove 2023 Remove Fintech Remove Leadership Remove Technology
article thumbnail

So You Want to Be a Venture Capitalist: Best Practices for Community Banks Investing in Fintech Startups

Gonzobanker

Fintech startups looking for funding in 2023 are finding that it isn’t as easy as it was a few years ago. According to CB Insights, fintech funding in the U.S. Among community banks investing in fintech startups, the average investment was nearly $3 million per bank in 2022. totaled $3.9 billion in 2021.

article thumbnail

ICBA LIVE 2023: What to expect

Independent Banker

3 ways ICBA LIVE will support your community bank’s 2023 plans Register today To see the full ICBA LIVE agenda, including education sessions, or to register, visit icba.org/live Each year, ICBA LIVE delivers a wide range of education and networking opportunities for community banks. “If New connections.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CEO Roundtable: Ideas for a successful 2023

Independent Banker

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Q: What will be your community bank’s greatest business challenge in 2023, and how are you preparing for it? Those are the things that we’re trying to figure out how to read as we put our 2023 budget together.

article thumbnail

OCC’s New Office of Financial Technology Portends Increased Supervisory Activity

CFPB Monitor

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

article thumbnail

Retail banking trends to look out for in 2023

Independent Banker

A few years ago, it was a fairly straightforward business, but today, technology and innovation, increasing competition, regulatory complexity, embedded finance, consolidation and evolving customer expectations are placing immense pressure on traditional business models,” the report said. “In Reaching customers. Versluys says. “We

article thumbnail

Payments Firm WEX Closes $1.7B Deal For eNett, Optal

PYMNTS

FinTech payments firm WEX is closing a deal to acquire business-to-business (B2B) travel payments startup eNett and B2B optimization company Optal , WEX announced on Friday (Jan. The move positions WEX to establish a leadership position in the growing global travel market. Both startups will be fully combined under WEX.

Payments 132
article thumbnail

Conference Alert: New Fintech Event to Focus on AI (duh!)

Fintech Labs Insights

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.