FICO

APRIL 21, 2023

A: I think players in the non-prime and near-prime space are trying to get the most complete picture of credit worthiness for any potential borrower, so it’s becoming a “must have” in a lot of ways to stay competitive against new Fintechs in the space and not run into adverse selection. I’m a big believer in testing different data sources.

Data 52

Data Lending Trends Branding 52

PYMNTS

AUGUST 25, 2017

Microsoft will be lending its Azure Cloud technology to the companies so they can enhance their cloud, IoT, Big Data and analytics capabilities. The companies are Clonect, Ace Turtle, Udaan, Simplilearn, MintM, Hotelogix, Docswallet, MegDap, GIEOM, i-exceed, KrypC, Liv.ai, VideoKen and Kata.AI.

Compliance 100

Compliance Big Data Capital Analytics 100

ABA Community Banking

AUGUST 14, 2019

Former Comptroller of the Currency Eugene Ludwig talks about the current state of artificial intelligence in banking and the outlook for community banks and compliance professionals. The post Podcast: AI, Community Banks and the Compliance Jobs of the Future appeared first on ABA Banking Journal.

Community Bank 40

Community Bank Compliance Community Big Data 40

PYMNTS

OCTOBER 10, 2016

203 billion to be spent on Big Data analytics solutions by 2020 , said IDC, highlighting banking and manufacturing as the industries that will fuel this spend. That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions. One-fifth of U.K.

Big Data 100

Big Data Analytics Data Survey 100

CFPB Monitor

FEBRUARY 14, 2019

Treasury Department issued a report that recommended sweeping regulatory changes intended to promote innovation in the consumer financial services market, reduce regulatory burdens on consumer financial services providers, and update regulations applicable to various types of consumer lending and related consumer financial products and services.

Lending 84

Lending Community National Leadership 84

Bank Innovation

JANUARY 23, 2019

Toronto-based fintech Operant.AI Operant Founder and CEO Allan Fisch said at a meetup yesterday at Bank Innovation’s headquarters in New York that a consortium would allow the FIs to contribute anonymized data on the performance of their third-party […].

Operations 170

Operations New York Fintech Data 170

PYMNTS

SEPTEMBER 12, 2017

In the latest Data Drivers, PYMNTS’ Karen Webster spoke with CurrencyCloud CEO Mike Laven to get a sense of where innovation is headed. In FinTech – as all types of firms scramble to change the way payments have “always” been done – where innovation makes a mark, profits follow. And if you play the long game, the payoffs can be grand.

Regulation 101

Regulation Data Innovation Payments 101

Bank Innovation

JANUARY 31, 2017

More data openness plus more consumer trust equals more business—this appears to be the conclusion multiple companies are reaching, particularly fintechs Envestnet Yodlee and Varo Money.

Data 150

Data Fintech Technology Company 150

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Lend exclusively over online peer-to-peer platforms.

San Francisco 70

San Francisco Lending New York City Online 70

Fintech Labs Insights

SEPTEMBER 10, 2015

The total included mega-rounds of $30+ million to three lending plays: FundBox ($50 mil), CommonBond ($35 mil), Orchard Platform ($30 million) and one financial-institution-supported blockchain startup: Chain ($35 mil). The $208 million this week brings total 2015 YTD fintech fundings to $12.4 Powering marketplace lending.

San Francisco 12

San Francisco New York City Company Fintech 12

Fintech Labs Insights

JANUARY 11, 2017

With AI already embedded into these industries, it’s easy to find examples of how the technology is shaping fintech. Below are eight areas of fintech into which AI has made inroads. Fintech example : AI can be used to augment portfolio management and rebalancing decisions typically made by a human. Regulatory compliance.

Fintech 12

Fintech Compliance Examples San Francisco 12

Fintech Labs Insights

DECEMBER 14, 2015

Buoyed by 7 Startupbootcamp Insurance entrants each grabbing $17,000, a record 30 fintech companies raised money this week for a total of just under $100 million ($95.8 BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. Real estate lending marketplace.

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

JUNE 25, 2015

Naturally, we are always rooting for Finovate alums to make it big. And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion).

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

APRIL 4, 2016

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. Tags: Consumer, lending, deposits, loans, payments, banking, underbanked, non-banked. Bluefin Payments received $6 million to expand its secure payment system. Stratumn grabbed $670,000 for its blockchain services. Latest round: $150 million Private Equity.

New York City 12

New York City Company Fintech California 12

Fintech Labs Insights

JANUARY 18, 2016

Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. Online consumer lending. Data analytics for financial services companies. Person-to-person small biz lending platform. RealtyMogul took in another $18.4 Mambu attracted $8.7

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

OCTOBER 27, 2016

DemystData will use the funds to build its team and expand data partnerships in order to meet increased demand in the U.S. The company leverages big data pulled from in-house and online sources to help banks make informed decisions, improve the user experience, and decrease risk.

Big Data 12

Big Data User Experience New York Data 12

Gonzobanker

OCTOBER 21, 2015

Robert told the banking industry to embrace compliance as “the hard thing to figure out” that investors look for in startups. During a Fintech Forward panel, Zenbanx CEO Arkadi Kuhlmann talked about how to lend money to data because we don’t see the people anymore. We stayed with the banking.

Las Vegas 60

Las Vegas Retail Phoenix Branch Design 60

PYMNTS

MAY 31, 2019

based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

Capital 143

Capital Analytics Big Data Data 143

Gonzobanker

DECEMBER 19, 2016

Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Best Free Market Research a Retail Banker Will Ever Get.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Best Free Market Research a Retail Banker Will Ever Get.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

SEPTEMBER 1, 2016

The fintech sector attracted $332 million in new capital the first week of August. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. Lending marketplace for small businesses. Big data analytics for financial institutions. The number of deals totaled 30, slightly above the YTD average 28 deals per week.

New York City 18

New York City Company Fintech Comparison 18

PYMNTS

JULY 11, 2017

More than two-thirds told researchers that compliance and regulatory requirements are holding them back from providing more trade finance in the short term, while cost control pressures were identified as the top challenge for FIs’ (financial institutions) trade finance operations.

Analytics 109

Analytics Risk Management Fintech Data 109

Fintech Labs Insights

OCTOBER 3, 2016

Earned a spot on the Big Data 50. Named by Self Lender as 1 of 3 startups who is “absolutely crushing it” in fintech. Earned spot on first Forbes Fintech 50. Added to its Compliance Document Management Solution, CertCapture. Named to the Forbes Fintech 50. Released version 3.8 SnoopWall ( FD15 ).

San Francisco 18

San Francisco Taxes Lending Colorado 18

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. Autonomy: Big problems with big data. Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. Theranos and the revolutionary blood tests that never existed. Outcome Health fights for its life.

Fraud 78

Fraud Las Vegas Company Video 78

Fintech Labs Insights

JULY 14, 2016

In all, fintech companies worldwide raised $222 million the second week of June. CrowdFlower tapped Microsoft to lead a $10 million round to further its big data analytics. Fintech deals by size from 4 June to 10 June, 2016: Tradeshift. Data analytics platform. Buzz Points grabbed $1.8 Trading platform.

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

JULY 17, 2015

While the data wasn’t broken out by sector, I’d wager that last quarter’s $5 billion in fintech startup funding was 5x to 10x more than in 1999/2000. But at least in fintech, there are vast opportunities to improve existing processes and open new markets. Is there too much being invested? HQ: Dublin, Ireland.

Fintech 12

Fintech Company San Diego Los Angeles 12

Fintech Labs Insights

NOVEMBER 18, 2015

BankersLab’s Benchmarking is an addictive simulation game for fintech investors, regulators, and bank executives to predict which managers and lending institutions will make good decisions. InvestGlass’ engagement tool uses customizable artificial intelligence to enable easy compliance for financial professionals.

Company 12

Company Comparison Customer Experience Management 12

Fintech Labs Insights

AUGUST 1, 2016

Avoka’s customer acquisition platform integrates multiple fintech services to help banks, wealth managers and insurers use mobile and digital channels to onboard customers. identitii uses tokens & blockchain to help financial institutions with KYC, CTF & AML compliance using an information layer over legacy systems.

How To 12

How To Analytics Millennials Data 12

PYMNTS

DECEMBER 7, 2018

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Existing partners of the FI including Coinbase and online lending platform Affirm.

Analytics 176

Analytics Data Capital Software 176

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

SEPTEMBER 1, 2015

To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. Alfa-Bank offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending.

Company 12

Company Software Analytics Mobile 12