CFPB Monitor

MAY 19, 2022

In 2019, California enacted AB 539 which, effective January 1, 2020, limited the interest rate that can be charged on loans less than $10,000 but more than $2,500 by lenders licensed under the California Financing Law (CFL) to 36% plus the federal funds rate.

California 78

California Utah United States FDIC 78

CFPB Monitor

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

Lending 60

Lending Fintech California Survey 60

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. INDUS said it will move forward with the new capital to focus on expansion and expand its staff. Cloud Elements. The firm announced $3.9

Fintech 188

Fintech Capital Security Fraud 188

CFPB Monitor

APRIL 19, 2022

In 2019, California enacted AB 539 which, effective January 1, 2020, limited the interest rate that can be charged on loans less than $10,000 but more than $2,500 by lenders licensed under the California Financing Law (CFL) to 36% plus the federal funds rate.

California 78

California Innovation Utah United States 78

PYMNTS

JANUARY 7, 2021

In an environment in which connecting small- to medium-sized businesses (SMBs) to vital financial services and products is more imperative than ever, the world of SMB banking and FinTech is fostering an ecosystem of collaboration to expand availability. Lloyds Pilots Satago Technology. Orange Bank Acquires Anytime.

Strategy 196

Strategy Fintech California Community 196

PYMNTS

MAY 2, 2017

For small business lenders and for FinTech too, expansion is key; but for Biz2Credit, expansion is literal. In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients.

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

AUGUST 14, 2020

million in combined funding, B2B FinTechs remain resilient in today’s current market. According to reports, the investment marks Stride’s first in the FinTech space, while for ZipLoan, the funding will help the company continue to scale through volatile times. million in Series A funding.

California 163

California Capital Fintech Security 163

PYMNTS

JANUARY 27, 2017

is no longer the world’s largest market for FinTech investment, according to the latest report from Citigroup, released this week. Analysts found that, in the first nine months of 2016, China held the top spot for FinTech investment, with funding raised for that period doubling compared to the same period in 2015. France and India.

Fintech 100

Fintech Cards Mobile Capital 100

CB Insights

NOVEMBER 6, 2019

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. California.

United States 72

United States Fintech North Carolina Rhode Island 72

Bussman Advisory

MARCH 9, 2024

The latest edition of the FinTech Ecosystem Newsletter is here : Join our Community Join our community of 52,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory.

CA 52

CA Video Fintech New York 52

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. According to reports, Cellulant’s funding is the largest for an Africa-only FinTech. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments.

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

JANUARY 17, 2020

But the company wasn’t the only B2B FinTech to secure fresh funding. based Float said it plans to expand to Australia with its cash flow forecasting technology designed for SMBs. Alternative small business lending platform Akseleran, based in Indonesia, announced $8.55 Below, PYMNTS looks at how more than $292.5 TechnifyBiz.

Payments 131

Payments Capital California Security 131

CB Insights

OCTOBER 26, 2017

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. California. D3 Technology.

United States 78

United States Fintech North Carolina Rhode Island 78

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Small Idea – It’s Our Kid’s Technology. It was a sobering thought to realize that we are all really building most of this technology for our kids. Complicated technology sucks, but mortality sucks more.

Conference 195

Conference Technology Las Vegas Trends 195

Gonzobanker

FEBRUARY 23, 2022

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. BaaS is an opportunity to replace dissipating revenue streams – but it can come at a cost.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

Capital 174

Capital Lending Cards cryptocurrency 174

PYMNTS

NOVEMBER 29, 2019

Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California. The total raised to date comes in at $70 million. They tend to put all tech companies into just a few different classes.

Policies 191

Policies California United States Management 191

PYMNTS

AUGUST 27, 2019

One of the largest factors that sets credit unions (CUs) apart from large banks and FinTech providers is their emphasis on member relations. The scrutiny isn’t stopping mergers, however, as two of the largest CUs in Southern California are set to become one early next year. billion in assets.

Data 122

Data Report Los Angeles California 122

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. See all of the latest B2B fundraises below. ForwardLine Financial. million.

Capital 128

Capital Lending California Regional 128

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. 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.

Policies 60

Policies Lending Data Online 60

PYMNTS

OCTOBER 11, 2019

The company also plans to invest in marketing, its team and technology upgrades. Japan and Australia, allowing Chinese SMBs to trade globally by providing local collection, payments, lending, foreign exchange and other treasury management offerings. FinTech company.” XTransfer already operates in China, Hong Kong, the U.K.,

Capital 169

Capital California Analytics Management 169

PYMNTS

MAY 22, 2020

The trend is not entirely unexpected and can be attributed to the pandemic, with FinTech funding dropping by 37 percent quarter-over-quarter to $6.1 Xtracap Fintech. Trade finance technology startup CCRManager announced $2.12 There was a nearly 20 percent drop in the number of deals solidified in the quarter, too. CCRManager.

Capital 141

Capital Analytics Fintech Report 141

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. For that privilege, it says, it doesn’t charge fees or interest, or have hidden costs to use the app.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank 172

Community Bank Community National Philadelphia 172

Independent Banker

DECEMBER 31, 2021

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

FEBRUARY 28, 2023

a fintech that provides a digital communications platform for community financial institutions. Via an interactive widget on Coastal Heritage Bank’s website, customers will be able to initiate video calls to staff, aided by technology to authenticate the customer’s identity, he says. Katie Kuehner-Hebert is a writer in California.

Community Bank 91

Community Bank Video Community Meeting 91

PYMNTS

SEPTEMBER 25, 2020

Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. MineralTree bought Atlanta-based Regal Software and California FinTech Inspyrus. MineralTree Raises $50M, Buys Two Companies. unveiled a Series D investment round of $50 million and the acquisition of two firms. Trackers And Reports.

Maine 153

Maine social media Atlanta Massachusetts 153

Insights on Business

NOVEMBER 19, 2018

Both fintech firms and traditional enterprises are on the brink of significant disruption as companies leverage the rapid insights generated by AI in banking to drive demonstrable outcomes in customer experience, risk management and cost efficiency. The result?

Compliance 177

Compliance Regional blockchain Technology 177

Gonzobanker

JANUARY 17, 2020

Year one of the Tech Decade in Banking will bring no shortage of tension between technology investments and earnings targets. For execs who climbed the ladder in finance, lending or branches, buckle in because the techies are about to steal the show. Banks are most afraid of big tech, just when these players face regulation.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

CB Insights

MARCH 13, 2019

In 2018, the top 3 states for AI deals were California (48% of deals), New York (12%), and Massachusetts (9%), though investors have bet on AI startups across the country. The California-based startup is developing autonomous vehicles, with a focus on last-mile delivery. California. IDx Technologies. Info Assembly.

United States 78

United States Rhode Island Massachusetts Connecticut 78

PYMNTS

APRIL 20, 2017

Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. million over the course of the next three years to build up a FinTech hub in Charlotte. As we reported about three weeks ago, Bank of America has announced its plans to invest $1.5

Charlotte 118

Charlotte North Carolina Community United States 118

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

Gonzobanker

DECEMBER 22, 2020

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. During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking.

Idaho 181

Idaho Community Industry Strategy 181

American Banker

DECEMBER 9, 2016

A week after the Office of the Comptroller of the Currency created a new federal charter for fintech firms, California's financial regulator is calling on other states to work together in making their licensing system more palatable to companies.

Fintech 28

Fintech California Regulation System 28

Fintech Labs Insights

MAY 19, 2016

Fintech deals by size from 23 April to 29 April 2016: Mosaic. HQ: Oakland, California. HQ: Danville, California. HQ: San Francisco, California. HQ: Palo Alto, California. Marketplace small business lending platform. Payment security technology. HQ: Los Angeles, California. ——-.

San Francisco 18

San Francisco Company Fintech California 18