Abrigo

MAY 22, 2024

Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. At the same time, 59% pursued credit to meet operating expenses. Online fintech lenders and merchant cash advance providers are also making up ground.

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PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. But there is evidence that investors’ appetite for alternative lending startups is on the wane, even as overall FinTech funding continues to climb — and as the success of the alternative lending market grows, too.

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South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

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South State Correspondent

AUGUST 22, 2022

If you already have a data warehouse or plan to sell the bank in the next 12 months – please skip this article. If not, this article explains why a data lake house should be central to your strategic plans. While banking moves slower than the technology industry, Commodore’s problems are affecting banks across the country.

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PYMNTS

JUNE 29, 2020

A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported. Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request.

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Taxes Report Financial Technology Digital Banking 223

Insights on Business

DECEMBER 7, 2016

A recent article in The Globe and Mail , The biggest threat to banks? Legacy systems, not fintech (November 2016), by Mike Gardner seemed to go viral on my Twitter stream. Fintech experts weigh in. The reality is that the global banking industry is facing a nexus of unparalleled societal, technological and economic change.

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System Fintech Innovation Industry 70

Chris Skinner

MAY 7, 2017

A summary of the main blogs of the week … Frictionless Finance with FinTech Larry Summers, former director of the National Economic Council for President Barack Obama, writes a regular column in The Financial Times. His latest piece is his take on FinTech, which has the main headline that FinTech is taking away frictions in finance.

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South State Correspondent

MARCH 21, 2023

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers.

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South State Correspondent

AUGUST 10, 2023

In this article, we argue why banks should consider a modern core system in the form of a sidecar as part of their long-term strategy. While 57 banks, core systems, and fintechs will go live shortly, soon, the platform will see 3,000 financial institutions at least receiving money in real time. A typical community bank may pay $1.5M

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Chris Skinner

JULY 25, 2017

I really enjoyed a recent article on CGAP (the Consultative Group to Assist the Poor). They regularly produce research about financial inclusion that is illuminating and Pablo García Arabéhéty recently wrote an article that is worth sharing here. Transactions Want to Be Free “Information wants to be free.” Then the internet happened.

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Abrigo

MAY 5, 2022

Would you like other articles like this in your inbox? Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Takeaway 2 With 2.8

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Abrigo

MARCH 24, 2021

Would you like others articles like this in your inbox? Takeaway 1 Financial institutions that invested in technology in 2020 are using it to increase the loan portfolio in 2021. Takeaway 2 Use this time to optimize technology investments to increase profitability and improve customer experiences. Here's what they're doing.

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Celent Banking

FEBRUARY 1, 2017

This is the third article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. Articles from this week on will explore some of the broader themes within each category. AI and bot technology : Bursting out of the gate in 2015/16, Banks have begun a mad dash towards AI and other bot technologies.

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Customer Experience Branding Boston Innovation 100

Jeff For Banks

DECEMBER 27, 2022

Anxiety from outsiders promoting newfangled technologies that must be adapted in order for their bank to be relevant. Anxiety from insiders chiding them to innovate because this customer or that customer asked about some piece of technology their other bank has. Among bankers, there is anxiety. But what solutions? market in 2019.

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South State Correspondent

FEBRUARY 20, 2023

Further, the competition is not just another bank that might make a loan or take a deposit, but it could be a credit union, insurance company, retail store, or a fintech. Scale, security, and innovation are all linked to better information technology design and implementation. We will write more on this topic in our next article.

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South State Correspondent

MARCH 7, 2024

Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. However, the technology is not without its risks. While some will fear it, many will crave it.

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PYMNTS

DECEMBER 28, 2020

He also said Ant should secure a license to operate its personal credit business, offer more transparency about third-party payment transactions and not engage in unfair competition. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

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PYMNTS

AUGUST 23, 2018

The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites. billion fund focused on the blockchain.

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social media cryptocurrency blockchain Technology 100

Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. If a bank deems a vendor critical to its operation, it must analyze the vendor's financial statements to be confident in its viability. That's all I'm hearing. It's like global warming.

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Fintech Capital Cards Bitcoin 60

Chris Skinner

FEBRUARY 26, 2017

A summary of the main blogs of the week … The FinTech Wave, Part One (part two next week) I wrote a blog the other day for The Next Web. the 2030s and Samantha There’s a line in the 2013 film Her, it’s not just an operating system, it’s a consciousness. I thought it was ok, and it has gained a lot of traction socially. But … web 1.0,

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Phoenix Maine Analytics Analysis 150

Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. More meat and potatoes in this TechCrunch article too. Fintech-like. Nothing is Free in Finance What motivated us to dig deeper on this topic this week is that SPACs are hitting Fintech in hurry, and SoFi is one such example. That service costs anywhere between 5% to 10%.

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Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. More meat and potatoes in this TechCrunch article too. Fintech-like. Nothing is Free in Finance What motivated us to dig deeper on this topic this week is that SPACs are hitting Fintech in hurry, and SoFi is one such example. That service costs anywhere between 5% to 10%.

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Fintech Capital Company Data 52

Lex Sokolin

JANUARY 20, 2021

We gaze with wonder at over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation. Before we go there, however, we need some operating metrics. where are the most profitable fintechs taking their economic rent? Same for Rapyd, but at a lower level in the technology stack.

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Lex Sokolin

JANUARY 20, 2021

We gaze with wonder at over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation. Before we go there, however, we need some operating metrics. where are the most profitable fintechs taking their economic rent? Same for Rapyd, but at a lower level in the technology stack.

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Company System Fintech Lending 52

Bank Innovation

MAY 9, 2017

I sat down with the Anthemis marketing team to break down the complexities around Premium APIs and unpack how banks are utilising this new technology strategy. This is the first of a series of five articles on Open Finance in Europe. What is an API and why does everyone seem to be talking about them recently? What do you mean by that?

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PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . A favorite aphorism that all research indicates came up for the first time in that article. According to PYMNTS data, 62.8 percent of IT-enabled banks.

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Innovation Data System Mobile 222

Chris Skinner

JUNE 7, 2017

interesting that I found that article via Google. Banks are trusted stores of data about money, because they are insured and have a licence to operate from governments. Audi wins with a potential new client and the customer wins with a potentially new car, funded by a bank loan, all operated in real-time. Here’s the idea.

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PYMNTS

JULY 16, 2019

Days after admitting to a hack that caused the loss of $32 million in cryptocurrency, Bitpoint Japan, a cryptocurrency exchange operator run by Remixpoint , said on Sunday (July 14) it has discovered an additional $2.3 And as cryptocurrencies continue to grow in popularity and funding, hackers’ technologies and ambitions will, too.

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cryptocurrency Security Survey Bitcoin 128

Jessica Ellerm

DECEMBER 5, 2017

While this could point to a direct correlation between friction and invoice volume, it’s possible that smaller businesses are able to access better technology for their procure-to-pay systems than their larger counterparts. to process an e-invoice using Xero like technology, the economics are clear. Xero-ing in on e-invoicing.

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Fintech Innovation Capital Report 65

Lex Sokolin

MAY 25, 2020

There are, all of a sudden, a lot of deals being done across financial technology. I would guesstimate a range of around $100 to $150 million, much of which would go to the core operating team. You are forgiven for not remembering all my favorite Fintech minutiae. Wealthtech is one fire, they say now. Maybe not all of a sudden.

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Strategy Fintech Capital Case Study 52

Jessica Ellerm

NOVEMBER 26, 2015

Perhaps more famous for a world cup winning rugby team and hobbits, New Zealand also boasts a thriving technology scene – populated by both homegrown companies and multinationals. And if Xero are anything to benchmark Kiwi innovation and ingenuity against, the future for fintech in Aotearoa certainly looks bright. I kid you not.

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PYMNTS

JULY 20, 2017

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. One of the seemingly largest barriers for banks with blockchain technology are federal-level regulations.

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blockchain Bitcoin Delaware Illinois 105

Celent Banking

FEBRUARY 24, 2017

This is the fifth article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. Operations and Risk. The goal of these packages is to offer a business owner every piece of business functionality and technology they would need to grow their business. Emerging Innovation.

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Innovation Boston Technology Meeting 114

Gonzobanker

MAY 31, 2019

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Technology Utilization. Ready to compete against big banks, fintechs and non-bank lenders? Taking Stock.

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Lending Community Bank Community Data 125

Independent Banker

AUGUST 31, 2021

The financial services industry is acting on this digital demand, incorporating fintech solutions, instant payments offerings and crypto banking products. For example, enabled by application programming interfaces (APIs), many community banks are embracing fintech solutions. In fact, 45% of U.S. Dive into payments trends.

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Trends How To Payments Community Bank 91

PYMNTS

JULY 5, 2017

FinTech Nets A/S, Worldpay’s European rival, said last week it had been approached by potential buyers. In April, Mastercard got the nod from regulators for an acquisition of payment technology company Vocalink for around $920 million. relatively intact. Here’s other grist for the mill. Might a bidding war develop?

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South State Correspondent

MAY 2, 2022

Unfortunately, there are many problems with sales funnels, and in this article, we will show why banks should be thinking in terms of “Growth Loops” instead. Your bank might have introduced a new product, but very few banks go back and try to improve an existing product unless forced to by the regulators or changes in technology.

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