PYMNTS

SEPTEMBER 28, 2020

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. This can come with a whole host of other problems, although some regulators have taken steps to broaden the scope of borrower protections to include SMBs. The Predatory Lending Trap.

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social media Capital Fintech Operations 215

Lex Sokolin

MARCH 31, 2021

Fintech is something some people are interested in, but crypto is something that can make people rich. The Distribution of Social Capital A lot of the language in fintech and Ethereum has been about democratization, and helping people have better financial services. Other forms of social capital are just as valuable?—?from

Capital 52

Capital Marketing Community social media 52

Independent Banker

MARCH 31, 2022

Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry. We are not Wall Street banks—we are community banks.

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Community Bank Community Industry Texas 239

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

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Fintech Community Regional Technology 194

PYMNTS

JUNE 8, 2018

The recent $14 billion worth of fresh capital for Ant Financial — the China-based firm that is now the most valuable privately held tech firm in the world, ahead of Uber — comes amid fresh fears among some banking professionals in the West that China is passing them by. That’s hardly a new question. That contrasts with the U.S.,

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New York social media United States Comparison 108

South State Correspondent

JUNE 13, 2022

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. Banks that take too much risk fail, and banks that take too little risk produce returns below their cost of capital and either get acquired or driven out of business.

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Risk Management Examples social media Management 195

PYMNTS

JUNE 25, 2018

Not only is regulatory oversight on the rise, but social media has emerged as a strong watchdog, too, keeping financial institutions (FIs) mindful of unchartered territory, where risks to reputation and revenues abound. It’s a long term gain in terms of balancing long term capital output with immediate returns on savings.

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Risk Management Strategy Management Compliance 167

PYMNTS

JANUARY 31, 2018

Alas, there is no such thing as a sure bet, especially in the world of FinTech. Blockchain isn’t un-hackable, and regulators have recently warned about the potential of fraudulent initial coin offerings (ICOs). Metastable, Kilowatt Capital, Coinfund and Multicoin Capital provided the pre-Series A funding for the blockchain company.

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blockchain Bitcoin cryptocurrency New York 124

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

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Cards Technology social media Meeting 131

ZootBlog

NOVEMBER 11, 2015

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. There are several ways for banks to elevate their game—fintech houses, neobanks, alternative lenders, in-bank labs. Fintech Houses. They become students of the game. Everything.

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Innovation Fintech social media Knowledge Base 60

PYMNTS

JANUARY 31, 2018

Whether it’s in the sales experience that comes from omnichannel or in the world of supply chain or even human capital management, there’s a need for integration comprehensive enough so executives don’t have to switch context between applications. That expectation has been driven, in part, by various market segments.

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Management Data social media System 116

PYMNTS

OCTOBER 29, 2018

The motivation for that move was to create more of a direct relationship with the sellers in order to provide them with more services, including working capital and lower processing fees – fees, they say, that can be as much as 25 percent lower in some cases. FinTechs … and the Banks They Wanted to Disrupt.

Payments 196

Payments Google Apple Innovation 196

Fintech Labs Insights

JANUARY 7, 2016

Social media financial compliance specialist Gremln raised $1.4 The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion.

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St. Louis social media Company Fintech 12

Lex Sokolin

NOVEMBER 18, 2020

As a system, capitalism and the American legal system are quite similar. In many ways, Trump is a product of the tech-enabled media environment, which facilitated his rise to reality TV celebrity and social media lightning rod. Systems matter, because they shape people. People matter, because they shape systems.

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System Community Bank Community Capital 52

Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” Compared to “insurtech” – regtech firms have been prominent players in the fintech firmament for years. ” Indeed.

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blockchain Trends Fintech social media 12

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Capital One’s estimate for $150 million on $28 billion seems off, to say the least. They point to Fintechs and Crypto, the innovative parts of our economy, and accuse it of poor practices.

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Data Security System US 40

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Capital One’s estimate for $150 million on $28 billion seems off, to say the least. They point to Fintechs and Crypto, the innovative parts of our economy, and accuse it of poor practices.

Data 40

Data Security System US 40

Lex Sokolin

AUGUST 19, 2020

The results say more about consumer Fintech investing than about any company in particular. Next came the arithmetic of how much these companies raised, and how together they have 15 million users and $10 billion of European Fintech unicorn enterprise value. Grab the financial model we built for this analysis here. As an example?—?would

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Comparison Fintech Lending Analysis 52

Gonzobanker

DECEMBER 20, 2018

We’ve simultaneously disdained and feared the fintechs, artificial intelligence and blockchain consortia. Caywood is a huge name in fintech with Starling being a recent industry darling around innovation. Banks Leveraging Fintechs Award. Capital One quit mortgage late in 2017. The Fintech That Roared Award.

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Fintech Conference Innovation Community 101

Lex Sokolin

OCTOBER 14, 2020

Peerless Lending Lending Club represents an era of Fintech credit. The core premise at its founding was to recreate the dynamics of the sharing and social media revolutions. So you soldier on and bring in hard-nosed hedge fund capital. So you decide to aggregate your own capital through deposits and buy Radius bank.

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Lending User Experience Google United States 52

Lex Sokolin

SEPTEMBER 16, 2020

Another way to put it is that features which institutions find compelling, such as heavy compliance, deep workflows, enterprise support, and backwards compatibility with 40 year-old software, are orthogonal to features that consumers find compelling, such as simple interfaces, availability in the Apple app store, and social media connectivity.

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Google Data Software Comparison 52

Fintech Labs Insights

OCTOBER 16, 2016

Regulation. It’s been one year since EMV regulation in the United States was placed into effect. Capital One integration with Amazon Echo. Capital One is the only bank with a live Alexa integration (called “Skill”), but Lloyds Bank put together a proof of concept this spring. Happy birthday, U.S.

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Trends Fintech blockchain America 12

Gonzobanker

MAY 30, 2017

Are you doubled down chasing unstructured social media data? Even the much-vaunted Capital One tests and learns across a variety of analytics initiatives. The harsh truth is that, unlike Google, Apple and Netflix, we’re in a highly regulated industry (remember those federally insured deposits?) So … how about it?

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Analytics Data System social media 71

Gonzobanker

DECEMBER 19, 2017

FinTech threats and distractions. Heavy-handed regulators. While the darling of FinTech conferences, this divestiture seems primarily driven as a means of Customers delaying the $10 billion Durbin hit and maintaining quarterly EPS expectations from the Street. Oh, by the way, that Fintech darling of two years ago Lending Club?

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Conference Industry Community Bank Community 90

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution. I really like these guys.

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social media ATM Mobile Customer Experience 40

Gonzobanker

DECEMBER 22, 2015

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. Regulator Award. Jill Castilla, CEO of Citizens Bank of Edmond, Okla.

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Community Bank Apple Community Technology 60

FICO

MAY 5, 2021

Banks and fintechs are the main provider of global trade finance and are likely to remain so in the future, but peer-to-peer lenders will also have an important role to play. But the drive to digitisation alone will not be enough to close it without new lending sources. To find out how we can help, simply click here. by Nick Myatt.

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US Lending social media Maine 52

CB Insights

JANUARY 4, 2018

At the Future of Fintech Conference , Jonathan Larkin of Quantopian, Christina Qi of Domeyard, and Andy Weissman of Union Square Ventures discussed algorithmic training and the hedge fund of the future , and openly discussed the lack of need for MBAs. The other area that the aforementioned poll saw AI impacting in finance was trading.

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Software Compliance Training Google 75

CB Insights

JUNE 17, 2020

In the case of telemedicine, government entities eased privacy regulations to facilitate more comprehensive remote diagnostics. Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well.

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Industry Technology Online Video 101