Independent Banker

JANUARY 31, 2023

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. Personal and staff knowledge.

Honolulu 91

Honolulu Community Community Bank Leadership 91

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023.

Lending 221

Lending Risk Management Community Management 221

Abrigo

FEBRUARY 11, 2022

Firm deadline for CECL implementation set As expected, the FASB agreed to uphold CECL’s 2023 implementation date. You might also like " CECL Streamlined: A Webinar Series for 2023 Adopters". Takeaway 1 The FASB agreed to uphold the 2023 implementation date for those that haven’t yet adopted the CECL standard. CECL Regulation.

Resources 195

Resources Regulation Community Bank Community 195

Alex Jimenez

NOVEMBER 4, 2023

Money 20/20 USA has become the biggest FinTech gathering in the US. FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. Similarly, FinTech firms face a reality with limited VC funds.

Conference 84

Conference Meeting Trends Fintech 84

American Banker

JANUARY 2, 2024

Eugene Ludwig, former Comptroller of the Currency and current co-founder of Canapi Ventures, a fintech VC, reflects on how 2023 treated fintechs, how far the fintech movement has come and what banks and their regulators need to look out for in 2024.

Fintech 39

Fintech Regulation Technology 39

Bank Innovation

APRIL 3, 2019

Regulations such as PSD2 and GDPR (General Data Protection Regulation) have put regtech companies at the front and center of the global fintech ecosystem. billion by 2023. In fact, a recent report shows that the global regtech market is expected to grow from $4.3 billion last year to $12.3

Regulation 170

Regulation Fintech Data Marketing 170

Bussman Advisory

OCTOBER 7, 2023

Join our community of 50,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. This week’s must-know stories: Metro Bank’s Financial Struggles: Will Metro Bank in the UK be 2023’s next banking collapse?

Metro 52

Metro blockchain Cards Samsung 52

Gonzobanker

JANUARY 4, 2022

These fintech and banking trends should be on financial institutions’ radar in the year ahead. This list of top banking and fintech trends for 2022 won’t tell anyone anything they haven’t already heard about. Anyone who’s paid attention to the banking and fintech space in 2021 knows how hot embedded finance is. This is nonsense.

Trends 188

Trends Fintech social media Strategy 188

FICO

JANUARY 19, 2023

While UK support will continue through 2023, and possibly into 2024, we can expect to see it provided on a more targeted basis as governments face rising debt burdens as a proportion of GDP. Here are my three predictions for risk management and customer treatment in 2023. The challenge will be further exacerbated as an estimated 1.4

Lending 52

Lending Strategy Analytics Data 52

American Banker

DECEMBER 25, 2023

In American Banker's Leaders Forum, our journalists interviewed top executives from across the banking and fintech sectors as well as regulators who keep them in line.

Video 34

Video Regulation Fintech Community Bank 34

Gonzobanker

JUNE 14, 2023

To realize the rewards of the BaaS industry, banks and fintechs are going to have to learn to play by some non-negotiable rules – together. It has more than 80 fintech partnerships including Coinbase, Upgrade, Affirm, Best Egg, Divvy, Rocket Loans and Stripe. And regulators have made it clear that ignorance of the law is no excuse.

Compliance 109

Compliance FDIC Strategy Fintech 109

PYMNTS

JUNE 24, 2020

Visa and the Dutch FinTech TerraPay said they plan to develop and deliver “payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances.”. Global m/eCommerce continues to evolve and is expected to reach $4,574 billion by 2023,” according to Allied Market Research.

Payments 243

Payments Fintech Course Operations 243

American Banker

DECEMBER 28, 2023

At the end of last year, we identified 23 people we thought would be banking changemakers in 2023. Here's a look back at what happened to each CEO, regulator, official, fintech executive, and expert on the list.

Regulation 42

Regulation Fintech Industry Compliance 42

BankInovation

JANUARY 9, 2023

New fintechs launched products, seeking growth over profitability, a strategy almost certain to change. And regulators are […]. Financial institutions that successfully expanded digital versions of their products and services to deal with COVID-19 are figuring out ways to bring value-added personal touches to online finance.

Google 52

Google Trends Regulation Strategy 52

CFPB Monitor

JULY 21, 2022

On July 13, 2022, the House of Representatives (the “House”) adopted an amendment to the 2023 National Defense Authorization Act (“NDAA”) offered by Maxine Waters (D. FinCEN, however, does not actually conduct BSA/AML examinations of regulated businesses. It is unclear if Congress expects FinCEN to conduct these audits.

United States 78

United States Taxes Regulation Compliance 78

Abrigo

SEPTEMBER 11, 2023

From a consumer standpoint, we’ve experienced three giant leaps in the fintech industry. Impact of AI Improved access to financial services One was when ATMs became available, and you didn't have to plan your activities around when banks were open. Let us step back in time and look at the last 50 years.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

DECEMBER 17, 2020

UK FinTech GoCardless Raises $95 Million Led By Bain. FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. Fiserv To Acquire FinTech Ondot Systems. The FinTech Fiserv has signed a deal to acquire Ondot Systems. The financial terms of the agreement were not disclosed.

Massachusetts 147

Massachusetts Bitcoin Payments System 147

Bobsguide

MAY 30, 2022

To better help asset managers of European funds be prepared for the upcoming compliance requirements and regulatory disclosure obligations under the Sustainable Finance Disclosure Regulation (SFDR), global Fintech leader Broadridge Financial Solutions has launched a new Environmental, Social and Governance (ESG) reporting solution.

Management 147

Management Report Regulation Data 147

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.

Conference 15

Conference Las Vegas Fintech Case Study 15

Gonzobanker

MARCH 21, 2024

Of small business owners who applied for a business loan in early 2023, 6 in 10 found it difficult to find affordable financing, and overall, 77% are concerned about their access to capital according to a survey from Goldman Sachs. Banks need to educate small businesses, regulators and themselves. The problem is even worse in 2024.

Lending 78

Lending How To Capital Data 78

Alex Jimenez

AUGUST 28, 2018

What is Fintech? Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report. Fintech Growth.

Fintech 40

Fintech Case Study Study Millennials 40

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Those implementing regulations were coming. Lending Regulation.

Lending 195

Lending Data Regulation Community 195

CFPB Monitor

DECEMBER 8, 2022

As a result, a company that controls an institution that is not a BHCA bank is not required to register as a bank holding company with the Federal Reserve Board and, therefore, is not subject to regulation and supervision by the Federal Reserve Board. 5301) (e.g.

FDIC 78

FDIC Company Industry Regulation 78

Gonzobanker

JUNE 7, 2023

Mix in the added drama of regulators condemning the banking-as-a-service model, and there’s added risk. Consider 81-year-old Martha Stewart landing the cover of the 2023 Sports Illustrated swimsuit issue, or night clubs for older adults popping up or even Hollywood producing movies like “80 for Brady.” Elder abuse is a pressing issue.

Los Angeles 118

Los Angeles Fintech Digital Banking Tools 118

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. cyber, infrastructure, and regulation. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor.

Conference 195

Conference Technology Las Vegas Trends 195

Jeff For Banks

APRIL 27, 2023

Finovate Spring 2023 is coming up in late May and the social medial buildup is palpable. Prior to fintech becoming a buzzword, bankers have been solving problems. Problems regarding regulation, risk, operations, and customer needs. Do fintechers stock the checkout aisle of the supermarket? Skip the Skittles.

Financial Technology 78

Financial Technology Strategy Fintech New York 78

South State Correspondent

JULY 25, 2022

We have poured through the recent 2Q earnings releases, spoken with a rash of institutional bank investors, traded thoughts with analysts, and compiled the following list of concerns that bank stakeholders (employees, shareholders, vendors, and regulators) now have. Regulation: What are your regulators concerned about?

Trends 195

Trends Lending Marketing Capital 195

PYMNTS

OCTOBER 16, 2019

The latest Digital Banking Tracker brings research and expert commentary from the FinTech and consumer banking space with a focus on anti-money laundering (AML) and solutions. banks have to analyze AML regulations before even beginning to innovate, and the rules in question change often. The Cost of Compliance.

Compliance 123

Compliance Fraud Study Digital Banking 123

Abrigo

JANUARY 24, 2024

Through FedNow, the fintech also facilitates instant microdeposits, the small-amount transactions used to validate accounts. For example, an ATM scheme that operated through July 2023 targeted credit unions in six states, stealing nearly $6 million. Fraud increases at credit unions Fraud is already a major challenge for credit unions.

Fraud 221

Fraud Payments Software Policies 221

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. In 2021, there were more than 120 fintech IPOs in the U.S., Acquisition of the Year: Bank Acquiring a Fintech. Oh, what a mere 12 months can do.

Community 216

Community Fintech Industry Innovation 216

CFPB Monitor

MAY 4, 2022

All of these laws will become effective in 2023. Here is a summary of how Connecticut’s privacy law compares to the state laws that will become effective in 2023: Thresholds for Applicability. This language was likely drafted with Connecticut’s fintech and payment processing industries in mind. Conclusion.

Connecticut 148

Connecticut Utah Colorado California 148

American Banker

JANUARY 12, 2022

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Data 93

Data Compliance Regulation Fintech 93

Gonzobanker

FEBRUARY 1, 2024

For the bankers we talked with, acknowledging challenges—think NIM, credit, regulation, election uncertainty, unemployment and CRE—while portraying resilience created quite a few compelling narratives throughout the event. Joint presentations between bankers and fintechs abounded, showcasing collaborative initiatives.

Conference 88

Conference FDIC Arizona Industry 88

South State Correspondent

AUGUST 15, 2022

Bankers often think from the bank’s perspective or from the regulator’s perspective. As part of internal training, send employees regularly to shop and try out banking services from both local direct competitions, fintechs, and online-only banks. The customer experience is horrible for many bank processes.

Customer Experience 195

Customer Experience Training Strategy social media 195

South State Correspondent

AUGUST 15, 2022

Bankers often think from the bank’s perspective or from the regulator’s perspective. As part of internal training, send employees regularly to shop and try out banking services from both local direct competitions, fintechs, and online-only banks. The customer experience is horrible for many bank processes.

Customer Experience 195

Customer Experience Training Strategy social media 195

BankUnderground

AUGUST 23, 2023

Many BNPL products are exempt from regulation because they do not charge interest on repayments. Typically these products are provided by newer fintech firms, for whom BNPL makes up most or all of their lending. Typically these products are provided by newer fintech firms, for whom BNPL makes up most or all of their lending.

Survey 89

Survey Groups Regulation Data 89

Independent Banker

AUGUST 31, 2021

Now, more than ever, community banks are competing with a broader set of competitors, which may lead some to offer additional products, services or functionality via fintech partnerships. There are many examples of bank-fintech partnerships. Sunrise Banks, for example, is very active in this space. Double down on customers.

Community Bank 170

Community Bank Community Lending Leadership 170