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B2B Finance As A Service Tops This Week’s VC List

PYMNTS

Based in Austin, Consero provides businesses with a Finance as a Service suite of solutions: outsourced CFO and bookkeeping services, combined with its financial management platform SIMPL. The company secured $50 million in private equity funding from BV Investment Partners, Built In Austin said this week. Consero Global.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Moving all customers to digital statements, restructuring compliance reviews and employee onboarding are just some of the more popular efforts that banks are undertaking in 2023. Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite.

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Location Detection: Building The Bank Business Case For Better Geolocation Data

PYMNTS

In financial services, in the eternal war to keep customers (and themselves) safe from online fraudsters, banks may lift a mantra from the real estate sector: It’s all about location, location, location. Bit by bit, then, we may see the emergence of a technical framework, tied to KYC and anti-money laundering ( AML ) compliance.

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Upcoming Celent discussion at the American Banker Retail Banking conference

Celent Banking

Next week I will be moderating a panel discussion at American Banker´s Retail Banking Conference in Austin about the competitive pressures of community institutions. Online banking platforms are often basic, many have no mobile apps, and business platforms like treasury management are severely outdated.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

The company provides a B2B eCommerce platform for cannabis retailers to procure product online while ensuring legal compliance. Back in the U.S., LeafLink announced $3 million in seed funding led by Hippeau Ventures, reports this week said. Honorable Mention.

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

PYMNTS

While much is yet to be announced about Google Cache, VB expects them to provide an experience layer, while letting the financial institution provide the account and deal with regulatory compliance. Google’s expertise is in UX design,” he noted. “By He offered a general illustration to make that point.

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Building A Better On-Ramp For Credit Repair

PYMNTS

As a software engineer by training, his area of expertise was online direct marketing. It wasn’t an easy sale at first – most banks thought the idea sounded more nutty than promising, but Garvey found a single bank in Austin that was willing to work with Self Lender to build out the product.

Cards 109