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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending. But they also offset some of those savings due to the regulatory costs and overhead that comes with compliance burdens.

National 215
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Taking On SMB Banking Friction Without Reinventing The Wheel

PYMNTS

Regulatory efforts through the Office of the Comptroller of the Currency aim to connect FinTechs with the opportunity to apply for a national bank charter, an initiative that has been met with criticism and legal action. Meanwhile, in the U.S., the emergence of new banks is few and far between. On The Open Banking Path.

Fintech 181
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Mezu: What It Would Take To Replace Cash

PYMNTS

A certain amount of anonymity must be sacrificed to meet regulations like anti-money laundering (AML) compliance standards. The company plans to take a grassroots approach to getting the word out this summer, with brand ambassadors canvassing places around L.A. Growth Trajectory. First stop?

Tools 118
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Lack of an M&A Strategy May Leave You Dateless at the Prom

Gonzobanker

The costs of regulatory compliance, investments in new technology, investments in physical and digital channels, and thinning industry margins mean banks will need to be of a “certain” size to succeed long term. Once the filters are in place, tools like the FDIC Web site or SNL can help you produce your target list. Have at it!

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Finovate Fall 2016 Live Blog – Day 2

William Mills

Now showing how Avoka can integrate with a ton of apps in a matter of days with your company’s brand. Franchises – Americas greatest brands” They have a list view function where investors can investigate franchises near and far. It’s seems better to invest in a brand you are more comfortable with an established presence.