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The Partnership Series – Volume Three: Fintechs, Big Data, and Third-Party Risk Management

Jack Henry

While there are advantages to partnering with fintechs and other third-party vendors, increasing the number of these relationships comes with its own set of strategic, tactical, and regulatory challenges.

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OCC keeps focus on bank/fintech partnerships

CFPB Monitor

Since the beginning of Michael Hsu’s tenure as Acting Comptroller of the Currency, bank/fintech partnerships have been a focus of OCC concern. He indicated that to mitigate this risk, the OCC is currently working on a process to subdivide bank-fintech arrangements into cohorts with similar safety and soundness risk profiles and attributes.

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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

PYMNTS

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

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A layered approach to lending on the road to recovery

Banking Exchange

Ongoing stay at home orders and unemployment continue to create financial obstacles for the most vulnerable consumers Technology Retail Banking Risk Management Feature3 Fintech Feature Financial Research Financial Trends Big Data Covid19 PPP.

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Alt-Lending Regulation Fears Won’t Stop Investors

PYMNTS

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending. MarketInvoice.

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15 Twitter accounts every bank executive should follow

Abrigo

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 4) @KarenGMills – Former SBA administrator in the Obama administration, Mills is now a senior fellow at Harvard Business School, writing and Tweeting about small business, lending and fintech. Learn more here.

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SMEs Struggle To Find The Cash To Invest

PYMNTS

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.

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