South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

Bank Innovation

FEBRUARY 14, 2019

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha 186

Omaha Technology National Innovation 186

PYMNTS

APRIL 5, 2019

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. local time, as per National Automated Clearing House Association (NACHA) caps, as long as small businesses complete their booking or line of credit draw by 10:30 a.m. on a business day.

Capital 109

Capital Lending America Online 109

PYMNTS

DECEMBER 15, 2017

This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. Dawn Capital led the latest funding round, reports said, while Fourth Swedish National Pension Fund and other backers also participated.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization.

Community 269

Community Retail Strategy National 269

PYMNTS

AUGUST 10, 2016

In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed. Canada and Brazil. It looks like it’s no harm, no foul for Apple.

Innovation 100

Innovation Apple social media America 100

PYMNTS

JANUARY 21, 2021

I n " A Look Forward: What Executives Wish for America and the World in 2021." Well-funded and organized fraud operations, meanwhile, continued to amass more capital, manpower and technology. As a nation, we experienced loss and hardship. Fraud was red-hot in 2020. It’s time to fight back. Businesses across the U.S.

Fraud 180

Fraud social media Strategy Maine 180

PYMNTS

NOVEMBER 4, 2019

“Small and medium-sized businesses are a major engine of growth around the world, creating new jobs and contributing up to 60 percent of total employment and up to 40 percent of national GDP in emerging economies,” said Santander’s Executive Chairman Ana Botín. The bank expects a return on invested capital higher than 25 percent in 2024.

Fintech 102

Fintech Capital America Payments 102

PYMNTS

JANUARY 28, 2019

There was also participation by all of Finxact’s existing investors, including Live Oak Ventures, First Data, Woodforest National Bank and T.N. We have multiple customer implementations currently underway and have raised capital to expand our capacity to go to market on a broader scale. Incorporation Ltd (TNI) of Thailand. “We

Digital Banking 108

Digital Banking System Innovation America 108

PYMNTS

AUGUST 5, 2016

Argentina as a whole is vying for the top spot as South America’s startup capital, despite an uphill battle with its economic conditions. As of last year, the paid-in minimum capital requirement to start a business in the country was 2,500 Argentine pesos (fewer than $170).

Fintech 100

Fintech America Innovation Policies 100

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MARCH 6, 2019

By today’s standards, it looks anything like an innovative brand. But then, looks can be deceiving — 100 years ago, Corning Glass Works had just introduced a massive innovation into the lives of home cooks everywhere. At the conclusion of the deal, both firms will be owned by Cornell Capital, which bought Corelle in 2017.

Branding 108

Branding Millennials Innovation Marketing 108

PYMNTS

OCTOBER 9, 2019

In other news, the SIX Digital Exchange (SDX) announced that it is joining forces with the Swiss National Bank (SNB) on a proof of concept to look into how digital central bank money could be used in the settlement of tokenized assets between market participants. “As We are starting to see more demand pick up in the market,” Lim said.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

Bank Innovation

MAY 30, 2018

Citigroup has a digital-heavy, branch-light business approach that extends beyond its National Digital Bank platform (announced in March and currently in testing phase), according to Stephen Bird, CEO of Citi’s Global Consumer Banking.

Strategy 249

Strategy National Digital Banking America 249

PYMNTS

NOVEMBER 12, 2019

In Latin America, Colombia is a bright spot for innovation and growth within the small business ecosystem. An Oxford Business Group report on the nation pointed to an estimated 2.5 An Oxford Business Group report on the nation pointed to an estimated 2.5

Lending 102

Lending Analysis America Strategy 102

PYMNTS

JULY 6, 2018

That means Internet of Things (IoT), data analytics and robotics process automation — three areas that saw particularly high funding rounds in this week’s B2B venture capital roundup. Canada’s Flinks provides a platform for banks and FinTech firms to connect, a signal of the nation’s approach towards open banking.

Analytics 103

Analytics Capital Security Software 103

PYMNTS

AUGUST 8, 2017

-educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. By 2015, the firm was profitable, and in 2016, it officially relocated it headquarters to Barcelona, Spain, one of three nations outside Russia ID Finance has expanded its efforts into — Belarus and Brazil being the other two.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

AUGUST 1, 2018

It is critical that we respond to the needs and concerns of Main Street America,” said Snowe in a statement. The report called on Congress to establish a national commission to conduct a comprehensive review of existing financial laws and regulations, and establish a pilot program to test the efficacy of coordinated bank examination teams.

Policies 100

Policies Report Regulation Maine 100

PYMNTS

MAY 8, 2020

The prevailing sentiment, as the crisis heads into its third month, is that more innovative government programs will be necessary to provide any meaningful relief. Government agencies would lend at 1 percent, branding the program “One for America.”. “In billion in liquidity guarantees by the Federal Reserve.

Maine 142

Maine Groups San Francisco Lending 142

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

AUGUST 10, 2017

Innovation can sometimes be seen as a solution looking for a problem, but it’s time to stop thinking of technology as bells and whistles and start looking at it as a necessary element of doing business for a changing consumer base – and up against a changing landscape of challenges and threats. How do you manage security and risk?

How To 136

How To Risk Management Technology US 136

Bank Innovation

SEPTEMBER 28, 2018

Power's annual National Banking Satisfaction Study, beating last year's winner PNC Bank by a few points, but the rest of the contenders stayed in the same place as last year. JPMorgan Chase took the number one spot in customer service in J.D.

UX 150

UX Report Study National 150

Bank Innovation

SEPTEMBER 30, 2016

ClearXchange’s client roster already includes the nation’s largest banks: JPMorgan Chase, Read More. ClearXchange has racked up an impressive series of wins in recent months, bringing several major banks live on its realtime payments network.

National 150

National Payments America US 150

PYMNTS

MARCH 5, 2018

Best Picture — Payments Innovation. But no matter where one looks, it seems payments innovation is the big winner. This new round of capital will help us further our mission of connecting communities around the world through last-mile delivery,” CEO Tony Xu said. And the winners are…. Best Round of Fundraising — DoorDash.

Regulation 108

Regulation Data Regional America 108

PYMNTS

MAY 24, 2019

Instant payments is an innovation that doesn’t require much explanation. NCR, the payments company that makes self-service kiosks , point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. The news of Nextdoor.com’s capital raise and $2.1

Payments 108

Payments New York City New York Mobile 108

Independent Banker

FEBRUARY 28, 2023

So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., now part of Bank of America, before moving to Griffin, Ga., I got a job with First National Bank of Griffin, and I’ve been a community banker ever since.” ICBA is cutting edge on that.

Community 172

Community Community Bank Georgia San Antonio 172

FICO

APRIL 12, 2023

mortgage-backed securities (MBS) being held or traded by institutions and investors, a staggering sum that dwarfs the GDP of every other nation except the U.S. Prior to running HE pricing, Joe managed capital for the then $650+ Billion Dollar consumer balance sheet. trillion in U.S. He is now a Vice President of Scores at FICO.

Security 52

Security America Analytics Groups 52

Gonzobanker

DECEMBER 22, 2020

Yet, we simply must celebrate Jill’s amazing energy, passion and tenacity when it comes to America’s community financial institutions. During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking.

Idaho 181

Idaho Community Industry Strategy 181

PYMNTS

JUNE 10, 2016

In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed. In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone.

Trends 100

Trends Community America Study 100

PYMNTS

JANUARY 15, 2018

Ace Hardware is committed to the idea, not that its business model is necessarily immune to Amazon, but that it can fend the eCommerce giant off by capitalizing on retail experiences it is uniquely suited to offer. Every small business can do that.”.

Retail 108

Retail America Meeting National 108

CFPB Monitor

MARCH 2, 2020

Instead, in October 2017, the CFPB released a set of “ Consumer Protection Principles ” to guide participants “in the developing market for services based on the consumer-authorized use of financial data” that were designed to flexibly support innovation while providing consumers with sufficient data protection.

Data 78

Data Policies Groups Fintech 78

Jeff For Banks

DECEMBER 7, 2019

Bank of America was 83rd. Total return includes two components: capital appreciation and dividends. First Capital, Inc. Nasdaq: FCAP) First Capital, Inc. On the lending side they provide customized business capital solutions nationally for small and mid-sized businesses with innovative lending to niche markets.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Gonzobanker

JULY 7, 2015

Capital One* 29,565,607 54,374,989 24,809,382. Capital One figures are for Capital One USA direct bank and not the regional bank components. The major card-based direct banks – American Express, Capital One and Discover – have all done very well. Ally Bank $23,212,768 $60,709,382 $37,496,614. billion in 2010.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

PYMNTS

APRIL 21, 2017

ND: Heal is transforming health care with unhurried house calls through qualified doctors doing what they love and purposeful innovations that enable you to spend less time getting well and more time actually being well. PYMNTS: In your own words, what is Heal about? PYMNTS: How many rounds of funding has Heal received? politician).

Pennsylvania 128

Pennsylvania Exercises United States Florida 128

Jeff For Banks

DECEMBER 18, 2014

capital appreciation and dividends. It is a significant SBA 7(a) lender, ranking in the top 100 (#54) in the country in that category, ahead of much larger financial institutions like Bank of America. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

CB Insights

NOVEMBER 28, 2017

Using the CB Insights database, we surfaced 7 startups capitalizing on the potential for small-sats to transform space exploration and intelligence. (We Select Investors: Draper Fisher Jurvetson, O’Reilly AlphaTech Ventures, First Round Capital. Select Investors: Space Alliance, RRE Ventures, Vulcan Capital. PLANET LABS.

Capital 61

Capital Data Industry Company 61

Gonzobanker

SEPTEMBER 15, 2014

Cheerily waving flags for the new “knight of Apple” were the dukes of Visa, MasterCard, American Express and Discover, and the earls of Chase, Wells Fargo, Bank of America and Capital One. In the world of issuers and card brands, there is now an innovator asking to take “just one thin wafer” of interchange revenue.

Apple 103

Apple Cards Mobile Community Bank 103