PYMNTS

JANUARY 7, 2021

This week's look at the latest in partnerships finds players in the SMB financial services landscape embracing a range of avenues to collaboration — including mergers and acquisitions (M&A) — to connect SMBs to financing, digital banking services and more. Lloyds Pilots Satago Technology.

Strategy 196

Strategy Fintech California Community 196

PYMNTS

NOVEMBER 25, 2019

currently serve the cannabis industry, with the number of FIs lending in the space increasing by 61 percent year over year. A California Credit Union Keeps its Marketing Efforts Trusted and SAFE. Another CU issue currently awaiting federal regulation is legalized marijuana.

Alaska 154

Alaska Hawaii California Analytics 154

Independent Banker

FEBRUARY 28, 2023

“While the bank is starting slow in its deployment to develop internal subject matter experts on the platform,” he says, “it can see opportunities in the near term to expand on what it’s doing today, in order to assist in attracting and retaining relationships through a secure and convenient digital banking platform.”

Community Bank 91

Community Bank Video Community Meeting 91

Gonzobanker

DECEMBER 14, 2023

THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank.

Fintech 194

Fintech Community Regional Technology 194

American Banker

JANUARY 17, 2020

The fintech Sezzle received its license after agreeing to refund customers and pay a fine for previously making loans that state regulators had deemed illegal.

California 37

California Regulation Fintech Digital Banking 37

American Banker

DECEMBER 8, 2020

Montecito Bank in California began streamlining originations after a natural disaster decimated its community in 2018. The move paid off when the COVID-19 crisis hit and the bank had to quickly step up efforts to help clients.

California 78

California Community Banking 2020 Digital Banking 78

American Banker

APRIL 8, 2016

The findings from the California Department of Business Oversight, which also included data on interest rates and delinquencies, could be a precursor to new state regulations.

Lending 28

Lending Report California Regulation 28

PYMNTS

JUNE 6, 2016

New data on the struggles facing small business borrowers — from frustration surrounding the rejection of a bank loan to unexpected, sky-high APRs linked to alternative financing — means banks have a long way to go to fill in the gaps for entrepreneurs when it comes to their cash management, payments and expansion needs.

Survey 100

Survey Lending Data Analysis 100

PYMNTS

SEPTEMBER 18, 2020

The California-based lender, which provides mortgages and other direct-to-consumer debt, has reportedly had discussions with possible investors for an offering that could occur in 2020. Clients will have the capability to “seamlessly” move money, and foreign exchange rates will be based on interbank pricing.

California 142

California Payments Management Retail 142

PYMNTS

MAY 18, 2018

Co-founder and CEO Anish Achuthan told reporters that the funds will also be used to bolster Open’s existing platform, develop new products like lending and wealth management, and implement artificial intelligence and analytics into its offering. Blockchain. Cambridge Blockchain. Expense Management.

Fintech 134

Fintech blockchain Analytics Capital 134

American Banker

MAY 9, 2016

State officials in California have asked top online lending firms a series of probing questions regarding their compliance with laws and regulations dealing with referral fees, bank partnerships, fair lending and other sensitive issues.

Regulation 28

Regulation Online California Lending 28

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Bank Deal of the Year PNC nabs BBVA USA – paying 1.3

Idaho 172

Idaho Community Industry Strategy 172

American Banker

APRIL 22, 2016

Illinois, California and New York are all taking initial steps to try to crack down on borrower abuses in the fast-growing digital lending marketplace. The states are facing pressure to intervene because federal agencies have yet to take decisive action.

Illinois 28

Illinois New York Online California 28

American Banker

APRIL 22, 2016

Illinois, California and New York are all taking initial steps to try to crack down on borrower abuses in the fast-growing digital lending marketplace. The states are facing pressure to intervene because federal agencies have yet to take decisive action.

Illinois 28

Illinois Regulation Online New York 28

South State Correspondent

OCTOBER 28, 2022

For banks, this means creating products that accomplish a task and then integrating banking in the background. The message continues to be precise – every bank will likely need to comply with some derivation of the GDPR standard, ala the California Consumer Protection Act (CCPA), as it gets adopted across the U.S.

Conference 195

Conference Technology Las Vegas Trends 195

Gonzobanker

MARCH 9, 2022

Fiserv had previously been recommending Finxact as the occasional digital bank core alternative to its traditional DNA, Premier, and Cleartouch core platforms. In principle, this structure was designed to deliver faster and simpler mashups between traditional payments, savings, lending, and off-balance sheet products.

Financial Technology 136

Financial Technology Technology Fintech Community 136

Gonzobanker

DECEMBER 17, 2021

With prices rational and revenue pinched, there were some nice acquisitions by many banks. Bancorp for grabbing MUFG Union Bank. Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business.

Fintech 143

Fintech Strategy Leadership Lending 143

Gonzobanker

FEBRUARY 23, 2022

To do this, banks can leverage their competencies in payments, lending, operations, and risk management while using the earnings generated from BaaS to transform their core business. Much of this transformational talent is likely to come from outside the traditional banking industry. Panning versus mining for BaaS gold.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

Fintech Labs Insights

MAY 19, 2016

HQ: Oakland, California. Digital banking company. HQ: Danville, California. HQ: San Francisco, California. HQ: Palo Alto, California. Marketplace small business lending platform. HQ: Los Angeles, California. HQ: San Francisco, California. Virtual assistant banking services.

San Francisco 18

San Francisco Company Fintech California 18

Fintech Labs Insights

AUGUST 20, 2015

HQ: San Francisco, California. Alt-consumer lending. Marketplace lender and digital banking solutions provider. HQ: Goleta, California. HQ: San Francisco, California. HQ: San Mateo, California. Peer-to-peer lending marketplace for small businesses. Student loan marketplace lender. LaunchPoint.

San Francisco 12

San Francisco Company Fintech California 12

Gonzobanker

JANUARY 17, 2020

Wells Fargo analyst Mike Mayo got a great deal of attention this year when he claimed that the coming decade will be “the biggest tech transformation in the history of banking.” For execs who climbed the ladder in finance, lending or branches, buckle in because the techies are about to steal the show. The delay has been too long.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

Fintech Labs Insights

JANUARY 18, 2016

million to its digital banking platform. Startup digital bank. HQ: San Francisco, California. HQ: San Francisco, California. HQ: Los Angeles, California. SaaS banking platform. Mobile banking app developer for financial institutions. RealtyMogul took in another $18.4 Mambu attracted $8.7

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

OCTOBER 1, 2015

HQ: San Francisco, California. Cloud Lending Solutions. Enterprise lending platorm. HQ: San Mateo, California. HQ: San Mateo, California. Digital banking platform. HQ: San Francisco, California. Tags: Commercial lending, loans, secondary market, enterprise. Total raised: $1.73

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

MAY 26, 2016

The deals were widely dispersed around the world, with only 4 of the 26 companies hanging their shingles in California (although those four did account for half the dollar value). Digital banking company. Latest round: $40 million Debt (Silcon Valley Bank). HQ: San Jose, California. Digital bank.

St. Louis 20

St. Louis Company Fintech New York City 20

Fintech Labs Insights

APRIL 25, 2016

P2P lending platform. HQ: San Francisco, California. P2P lending platform. Automotive lending platform. Lend Street Financial. P2P lending platform. HQ: Oakland, California. Student lending. HQ: Palo Alto, California. Latest round: $252.7 million IPO. Total raised: Unknown. Chedai.com.

San Francisco 12

San Francisco Fintech Company Lending 12

Fintech Labs Insights

FEBRUARY 23, 2016

HQ: San Francisco, California. HQ: San Rafael, California. HQ: San Jose, California. P2P lending marketplace. Digital bank. HQ: California. Tags: Consumer, insurance, automobile lending, cars. Latest round: $50 million Series E. Total raised: $132.3 Source: Crunchbase. Total raised: $21.2

Company 12

Company Fintech San Francisco Texas 12

Fintech Labs Insights

NOVEMBER 30, 2015

Digital bank. Mortgage lending platform. HQ: San Francisco, California. Alt-lending platform. Lending portal. HQ: Palo Alto, California. Tags: Consumer, home equity, mortgage, lending, credit, investing. So far this year, venture funding in the fintech sector have totaled $17.8 Growth Street.

Company 12

Company Fintech San Francisco Lending 12

Fintech Labs Insights

JUNE 16, 2016

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. million to launch its virtual bank. Tink raised $10.2

San Francisco 12

San Francisco Company South Carolina New York City 12

Fintech Labs Insights

SEPTEMBER 21, 2015

HQ: San Francisco, California. HQ: Marina Del Rey, California. HQ: San Mateo, California. Digital banking solutions. HQ: San Francisco, California. Risk management for P2P lending. HQ: San Francisco, California. Tags: Enterprise, lending, credit, underwriting, peer-to-peer. LightSpeed.

New York City 12

New York City San Francisco Company Fintech 12

Fintech Labs Insights

JULY 21, 2016

HQ: San Francisco, California. Digital bank startup. HQ: San Francisco, California. Alt-lending marketplace for consumers. HQ: Sunnyvale, California. Tags: Consumer, lending, underwriting, alt-lending, loans, personal financial management, P2P, person-to-person. Account aggregation APIs.

New York City 12

New York City Fintech Company San Francisco 12

Fintech Labs Insights

JULY 3, 2015

HQ: Los Angeles, California. P2P lending. HQ: San Francisco, California. UK neo-bank startup. HQ: Palo Alto, California. Digital platform for money exchange & remittances. Tags: Lending, lead gen, consumer. Source: Techcrunch. Consumer payment services. HQ: Auckland, New Zealand. SimplyInsured.

Company 12

Company Fintech Los Angeles San Francisco 12

Gonzobanker

DECEMBER 20, 2019

This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. The Ecosystem Award – Goes to Partners Credit Union for its collaborative member experience work with digital banking vendor Kony (now part of Temenos). Credit Union Merger of the Year.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

JUNE 6, 2016

The deals were widely dispersed around the world, with only 4 of the 30 headquartered in California. HQ: Palo Alto, California. HQ: San Francisco, California. Digital bank. HQ: Sunnyvale, California. Tags: SMB, investors, commercial mortgage, P2P lending, credit, underwriting, real estate.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

JULY 17, 2015

HQ: Los Angeles, California. HQ: Palo Alto, California. Mobile banking platform. HQ: San Diego, California. Digital payments solutions. Tags: Payments, prepaid cards, digital banking, mobile, global payments. Latest round: $35 million. Total raised: $45.1 Source: Finovate. Online alt-lender.

Fintech 12

Fintech Company San Diego Los Angeles 12

Fintech Labs Insights

FEBRUARY 15, 2016

And demonstrating the global nature of financial services, only three deals were out of California (Xignite, Renew Financial, and Vast). HQ: Oakland, California. HQ: San Mateo, California. Digital banking app. HQ: San Francisco, California. million, for a $12 billion annual run rate. Total raised: $102.2

Company 12

Company Fintech New York City Comparison 12

Fintech Labs Insights

APRIL 30, 2015

Digital banking platform for financial institutions. HQ: Palo Alto, California. HQ: San Mateo, California. HQ: San Luis Obispo, California. Tags: Peer-to-peer, P2P, lending, investing. MX (formerly MoneyDesktop). HQ: Provo, Utah. Latest round: $30 million Series A. Total raised: $61.7 Source: Finovate.

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

Fintech Labs Insights

AUGUST 1, 2016

Alt-lending to small businesses. HQ: San Francisco, California. HQ: California. Marketplace lending analytics. HQ: Los Angeles, California. Tags: Consumer, lending, peer-to-peer, credit, underwriting, investing. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial.

Company 12

Company Fintech New York City Lending 12