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The BaaS Gold Rush is On

Gonzobanker

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. Fintechs in need of charters are prompting new banks to enter BaaS seeking a “white whale.”

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking.

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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. Questions directed at Ms.

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Finovate Spring 2018 – Day 2

William Mills

There are a number of great events in FinTech but this one I do my best to attend each year. Product distribution strategy: Through financial institutions, through other fintech companies and platforms. Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms (curently via Finastra).

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FinovateFall 2017 Live Blog – Day 2

William Mills

Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. Very interesting UI on how companies and topics are integrated as well as the sentiment of the financial news. Provides an Application Program Interface (API) for Fintech apps to connect to banks.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor. Stated investment focus: Enterprise software, financial technology, insurance technology, innovations in travel, health, and auto verticals. AXA Strategic Ventures.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

And most recently, Allianz made a strategic investment in US online homeowners and renters insurance carrier Lemonade , which currently operates in New York, Illinois, and California. ” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor.