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In B2B, FinTech And Banks Eye (And Serve) SMB Capital Needs

PYMNTS

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm.

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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Where Insurers Are Investing In Digital Wealth Management

CB Insights

According to a recent FT survey of 1,000 urban Chinese consumers, Yu’E Bao (the $241B money market fund established by Alibaba) and investment products sold on platforms such as Ping An Insurance-affiliated online financial marketplace Lufax are likely to see the biggest inflows in the coming six months.

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Temenos to Acquire Kony: So What?

Gonzobanker

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. market expansion. market has been a hard row to hoe for Temenos. market – already well established internationally from the aforementioned growth. So now you can lose those European loafers and wear these [cowboy boots].”

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Blooom Announces $4 Million Series A Round Led by QED Investors

Fintech Labs Insights

In its first outside capital raise, personal investment management platform, Blooom has hauled in $4 million. The Series A round was led by QED Investors, a firm that has invested in a variety of fintech startups – and Finovate alums – in recent years, ranging from Braintree and Credit Karma to Prosper and LendUp.

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The top-performing community banks of 2021

Independent Banker

In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. If we were to have capital levels more in line with peer averages, we would barely be able to originate and keep mortgage loans of any size. . Kansas City.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. Live Oak Bancshares, Inc.

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