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FDIC issues final rule on brokered deposits and interest rate limits applicable to less than well capitalized institutions

CFPB Monitor

The FDIC has issued a final rule that establishes a new framework for analyzing whether deposits made through deposit arrangements qualify as “brokered deposits” and amends the methodology for calculating the interest rate restrictions that apply to less than well capitalized insured depository institutions (IDIs).

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Canadian Fintech Market Map

CB Insights

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. The 2019 Canadian fintech market map. Startups headquartered in Ontario dominate the table, with over 40 fintech companies from this market map headquartered in the Greater Toronto Area.

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Finding The Investable Needles In The Startup Haystack

PYMNTS

When it comes to financial services and financial technology startups, making the right investment decisions is not easy or obvious work. And while there is not an exact formula for those firms, she noted, they use a definite heuristic model when evaluating new firms, one that has worked powerfully over the decades. “I

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Inside The FIS Innovation Process With EVP Bruce Lowthers

PYMNTS

In the latest PYMNTS Commanders in Chief series, Bruce Lowthers, executive vice president of FIS Global, a financial technology solutions provider , and president of the company’s Payments Division , didn’t set out to be an innovator. We stepped out to do something that is going to help solve a market or customer problem.

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The absurdity of how the Internet and memetic infection of Finance

Lex Sokolin

Software companies are realizing that monetizing through financial products can double or triple their total addressable market. corporations, companies, communities) are making markets for value exchange. When billionaire Ray Dalio begins to promote the idea that capitalism needs to be reformed , it is time to listen.

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Wealth Tech: A Fintech Buzzword Overview

Fintech Labs Insights

A definition. Simply put, wealth tech is a segment of financial technology that focuses on enhancing wealth management and investing. For example, Personal Capital ( FS14 , FDSV16 ) CEO Bill Harris doesn’t classify his company as a robo advisor, which he views as a completely automated investment tool.

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Fintech Unicorn List Q2 2015: 46 Arrived + 37 Closing In

Fintech Labs Insights

Time will tell whether these valuation bets are temporary insanity from private investors or the beginning of a long cycle of re-imagining financial services. Please note: Our list includes financial technology companies (either direct services or software) founded since 2000 and valued at $900 million or more. Funderbeam.

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