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Community Banks Debut FinTech Alliance

PYMNTS

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” Here In The States.

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New Digital Experiences Keep Credit Unions Relevant – And Then Some

PYMNTS

Consumers waited on financial institutions (FIs) to innovate in an odd relationship that put business needs before customers’ needs. Arizona-based FI consulting firm Cornerstone Advisors noted that just three major banks have 47 percent of the accounting and payment services sector’s $11 billion.”. It was all on their timetable.

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Arizona’s regulatory sandbox is open for play

CFPB Monitor

On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.”

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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

Early this week, the conference was the epicenter of discussions, where 2,000 attendees descended upon Arizona to strategize and set the tone for our great industry’s future. We can’t sleep on non-bank competition, bigger banks controlling even greater market share, or big tech and embedded finance.

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With New Microsoft Partnership, Is Kroger Digging In Against Amazon?

PYMNTS

Kroger is seeking to bring new customer experiences to market faster, drive personalization with insights and help store associates become more productive. The Grocery Market. The retailer plans to pilot technology products using Microsoft’s Azure platform at two stores, one in Ohio and one in Washington.

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Self-Driving Vehicles Face New Speed Bumps

PYMNTS

If so, that just adds to the pressure on Uber regarding its self-driving efforts in the aftermath of the March incident in Arizona, in which one of the company’s self-driving prototypes hit and killed a pedestrian (a human was in the car at the time). That accident led to Uber suspending its self-driving road tests. Investor Bets. Ford Moves.

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