Bank Innovation

JANUARY 24, 2017

Edward “EJ” Achtner, Bank of America‘s Head of Digital Banking – Strategy, Platforms, Innovation, and Partnerships, has joined the Bank Innovation 2017 speaker faculty. based bank.

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Innovation Charlotte America Digital Banking 150

PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Innovating for Community Banks.

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Community Bank Community Innovation Fintech 205

Bank Innovation

MARCH 30, 2018

That would be 79% of operations leaders in North America banks, according to a recent report by Accenture. Banks need to update their legacy systems and modernize their technology, no surprise there. But just how many operational leaders at banks think their institution’s survival depends on it? That’s four out of five banks.

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Technology Innovation America Operations 236

PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup.

Cards 150

Cards Innovation Management Tools 150

Bank Innovation

JULY 28, 2016

Bank of America last Tuesday introduced version 7.0.0 Bank of America is believed to be one of the few financial institutions to offer consumers unfettered access to their credit Read More. of its iPhone mobile app, and it was noteworthy largely because of one new feature: it gives consumers access to their credit scores.

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America Mobile Cards Lending 150

Bank Innovation

JUNE 3, 2019

Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

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Innovation Atlanta Industry social media 170

Bank Innovation

MAY 4, 2016

In America, data from the Institute of Women’s Policy Research suggests roughly 29 percent of small business owners are women. In Australia the stats are similar, with just over a third of small businesses estimated to be run by… Read more Are ‘Mumpreneurs’ an untapped market niche for SME lending?

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Lending Marketing America Policies 150

Bank Innovation

JULY 8, 2019

At Bank of America’s auto division, preserving a personal touch is key to engaging with both consumers, according to Duane Freeman, the bank’s senior vice president of consumer vehicle lending and national sales executive. “In

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Lending National Operations America 186

Bank Innovation

AUGUST 2, 2016

A new video from Bank of America shows a tool called Home Loan Navigator that allows borrowers to manage the mortgage process via mobile — sort of. It shows a happy couple watching the stages of their loan process on a tablet (spoiler: it’s approved). One part of the video Read More.

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Video America Mobile Tools 150

PYMNTS

JUNE 15, 2017

There’s no disputing that the pace of innovation in consumer payments over the last several years has been quick and its reach broad. There’s been an abundance of innovation in where consumers shop, what they use to pay when they buy and the devices they use to enable those payments.

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Innovation Payments Cards Customer Experience 161

Bank Innovation

MARCH 28, 2016

Joan Kuehl, who is the online lender’s first CIO, has extensive experience, having worked at Travelers and Bank of America — so it deserves notice when her first pronouncements Read More. Elevate Credit Inc., which is pining to get to an IPO, today announced that it hired a new chief information officer.

Big Data 150

Big Data Online Lending Data 150

Bank Innovation

MAY 8, 2019

Having spent a lot of time attending to retail customers, banks are now trying to digitally transform their wealth management and commercial lending businesses. Statistically speaking, digital innovation on the commercial banking side has been significantly slower than what we've seen on the […].

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Lending Retail Innovation Management 277

PYMNTS

JULY 29, 2019

With their joint venture set to end next year, First Data (now Fiserv) and Bank of America said on Monday (July 29) that they will pursue independent merchant services strategies starting in June 2020.

Data 176

Data America Strategy ATM 176

PYMNTS

AUGUST 8, 2017

such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan. As of February of this year, the firm raised $50 million in debt from a consortium of banks to fund further expansion in South America.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. Our mission — to stimulate local borrowing and local lending — is well aligned with ICBA Bancard and its community bank clients.

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Community Bank Community Lending Cards 190

Bank Innovation

FEBRUARY 26, 2019

Consulting giant Accenture and cloud banking firm nCino are expanding the scope of their partnership beyond North America to get more financial institutions in the Asia-Pacific and EMEA markets up and running in the cloud.

America 199

America Innovation Marketing Management 199

Celent Banking

SEPTEMBER 30, 2015

In Latin America two chilean start-ups were the winners: Destacame.cl , aiming to financial inclusion by creating a credit scoring based on utility payments; and Bitnexo which enables fast, easy and low cost transfers between Asia and Latin America, using Bitcoin. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

MARCH 11, 2016

Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. Another key factor is that over 60 percent of eCommerce in Latin America is done via installments. “If

America 100

America Payments Fraud Case Study 100

Bank Innovation

OCTOBER 3, 2019

However, for Bank of America, a “human-digital” approach is the cornerstone of its small business banking approach. As of this year, Bank of America said it surpassed Wells Fargo as the nation’s top small business […]. Digital-only lenders tout the speed and efficiency of their user experiences.

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Strategy America User Experience National 253

PYMNTS

JULY 29, 2019

This means CUs must be carefully attuned to member’s financial needs and the innovations they want most as CUs invest in new products and services aimed at improving the way members engage with their FIs. In many cases, it also requires partnering with emerging FinTechs that are able to quickly deliver the innovations members want most.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

PYMNTS

SEPTEMBER 25, 2020

The nonprofits include: 1863 Ventures , Association for Enterprise Opportunity , African American Alliance of CDFI CEOs , Baltimore Business Lending , Black Girl Ventures , Chicago Neighborhood Initiatives Micro Finance Group , EnrichHER , Expanding Black Business Credit Initiative , Grameen America , Kiva , MORTAR , Nebraska Enterprise (..)

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San Jose Baltimore Nebraska Community 261

PYMNTS

JANUARY 2, 2019

The company will offer crowdfunding and lending as it tries to distance itself from a year of scandals, including the murder of two female passengers. The services include wealth management tools, credit, lending and crowdfunding for serious illnesses. The company plans to continue to expand in South America and Australia.

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Lending Leadership Apple America 183

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. This means getting regulation right is critical.

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Regulation National System Industry 349

PYMNTS

AUGUST 4, 2017

However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S.

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Community Bank Community Innovation Millennials 116

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. Banks are certainly not playing hide and seek with P2P lending. Regulation is an important issue for banks to get into P2P lending and depending the country, there may be restrictions.

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Maine Lending Regulation Risk Management 100

Celent Banking

FEBRUARY 24, 2017

This particular article is focused on innovations in small business and corporate banking: two critical market segments for financial institutions as they seek revenue growth and relevance in the evolving digital B2B marketplace. Legacy Transformation / IT Platform Innovations. Emerging Innovation. Operations and Risk.

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Innovation Boston Technology Meeting 114

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. Users will be able to unlock lending options within Dynamics 365.

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Lending Community Leadership Capital 112

PYMNTS

MAY 11, 2016

Recently, the firm announced a deal with Hitachi Capital America Corp. In past conversations with PYMNTS, the executive pointed out that the targeted market, with 18,000 buyers in the United States alone, with $5 trillion in spend that is dispersed across 18 million suppliers. to provide working capital through supply chain financing.

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Lending Capital United States Marketing 100

CB Insights

SEPTEMBER 10, 2020

Our recent webinar — The State of Fintech Q2 2020: Funding Rebound Reveals the Next Leg of Fintech Innovation — highlighted key fintech trends and deals from the second quarter of 2020, including the rise of embedded fintech applications and demand for digital banking services. Free Download: State of Fintech q2’20.

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Fintech Innovation Lending Regional 46

PYMNTS

NOVEMBER 22, 2019

The funding round is significant because its one of SoftBank’s bigger investments with its Innovation Fund, which is targeted specifically to Latin American companies. The fund has also invested in delivery company Rappi, lending outfit Creditas and tech company QuintoAndar. VTEX offers both, filling a gap in the market.

Software 108

Software America Regional Tools 108

PYMNTS

JANUARY 25, 2017

With plans to release the second edition of their Americas study, which will explore alternative finance across North, Central and South America, industry experts plan to add new data to the debate over the resilience of alternative finance. Will 2016 once again present an explosion in alt-lending transaction value?

America 100

America Lending Regulation Regional 100

Bank Innovation

MARCH 27, 2020

The company, which provides guidance to senior management of financial institutions in the Americas, shed light on potential solutions to some of the business implications stemming from the COVID-19 outbreak in a white paper shared […].

America 259

America Management Company Innovation Strategies 259

South State Correspondent

JANUARY 4, 2023

Mostly, this means getting innovative with deposit and payment products. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending.

Community Bank 195

Community Bank Capital Lending Training 195

Bank Innovation

NOVEMBER 13, 2018

JPMorgan Chase last month predicted a 60% chance of recession by 2020, and that increases to an 80% chance by 2021. It’s not clear how traumatic an event it would be for the U.S. economy, but considering all the new players that have jumped onto the financial scene since the last downturn a decade ago, […].

Innovation 150

Innovation America Lending Fintech 150

Bank Innovation

NOVEMBER 13, 2018

JPMorgan Chase last month predicted a 60% chance of recession by 2020, and that increases to an 80% chance by 2021. It’s not clear how traumatic an event it would be for the U.S. economy, but considering all the new players that have jumped onto the financial scene since the last downturn a decade ago, […].

Innovation 150

Innovation America Lending Fintech 150

CFPB Monitor

JUNE 29, 2016

The Independent Community Bankers of America and the Credit Union National Association have sent a letter to Director Cordray “to express serious concerns” about the CFPB’s proposed rule covering single-payment payday and auto title loans, deposit advance products, and certain high-rate installment and open-end loans.

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Community Bank Community Groups Lending 68

PYMNTS

FEBRUARY 19, 2019

As reported, iwoca , a small business lender focused on online lending (with loans up to 250,000 pounds) said it raised 150 million pounds in debt and equity financing (where the division was 20 million pounds of equity financing and with the remainder as debt), as per reports Monday (Feb. In news that came from across the Pond, two U.K.-based

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Fintech Lending Capital Regional 187