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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

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Funding round-up: Investors dig deep for Nymbus, Trade Ledger, Mesh and TomoCredit

BankInovation

Several startups received a capital boost this week as investors funnelled millions of dollars into technology that automates and streamlines traditionally laborious manual processes. The startups’ technologies span digital banking platforms, SMB underwriting, corporate payments and consumer credit.

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Latin America Tries To Tackle Its Digital Security Problem

PYMNTS

Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Another risk — and another opening for criminals — concerns older, legacy technology, as attendees at the SWIFT conference in Miami discussed. Fraud is a Top Worry.

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Tech Center: Orlando Dips Its Toes Into Tech Startup Water

PYMNTS

The latest pieces of tech news to hit the Orlando tech scene are Lockheed Martin ‘s $100 million missile deal and Elon Musk’s Hyperloop One transit system that promises to get people from Miami to Orlando in 26 minutes. PYMNTS: What’s Orlando’s FinTech sector like? How has it changed or grown in recent years?

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Fintech deals by size from May 14 to 20, 2016: Clover Health. Personal Capital. Tally Technologies. Shift Technology. HQ: Miami, Florida. i2iFunding.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Rowland; and EVP and chief technology officer Mike Beattie. So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. First Capital Bank. TriState Capital Bank. Photo by Steve Puppe. CONSUMER AND MORTGAGE. Lee’s Summit, Mo.

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Innovation on Display: The 2017 Ford GT and FIS Connect 2017

Celent Banking

I like analogies because they can inject simplicity into the most complex discussions of financial technology, and make abstract concepts become more concrete and accessible to the casual fan of technology. As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies.