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Western Union Discovers New Ways for an Old Business

Bank Innovation

And when you’re a company that’s more than 165 years old, trying to be innovative and fresh can be tricky, which is why cross-border money transfer company Western Union teamed up with the Denver, Colo.-based based fintech […].

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Linda Feighery, Vice President and Community Reinvestment Act /Fair Lending Officer for Citywide Banks, Denver, CO. Cal Ratcliff, Senior Vice President, Chief Compliance Officer, Bank of North Carolina, High Point, NC.

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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. The cash versus cashless debate is complicated. As Allgreens’ lawyer pointed out, that’s basically the definition of money laundering.

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This Week In Insurance Tech: AIG Plans For Tech Investments, State Farm’s Smart Home Patent, Zesty.ai Opens AI Research Lab In Montreal

CB Insights

Eos Venture Partners and IQ Capital Partners also participated in the round. private equity round led by Long Arc Capital and BPI France. Talege , a Reno, Nevada-based digital insurance platform, raised a $5M Series A led by Merus Capital. Tinubu Square , a France-based credit and surety software provider, raised a $16.3M

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Self Financial handles the technology, including access to online accounts and an app, as well as marketing aspects of the program, and Lead Bank provides the compliance and access to the banking system. First Capital Bank. TriState Capital Bank. So that’s where the capital to start New Haven Bank came from.”. Charleston.

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

The fintech sector attracted $332 million in new capital the first week of August. Four of those came out of the most recent batch of companies launched from accelerator 500 Startups , where each received $125,000 in seed capital. Middle market capital matchmaker. HQ: Denver, Colorado. Total dollars raised YTD is $19.6