PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. Alternative Lending.

Capital 135

Capital Lending Resources Oregon 135

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

Abrigo

MAY 5, 2022

Weekly episodes highlight innovators and industry players driving innovation in the financial services industry. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Fraud Prevention. keep me informed. Whitepaper. Financial Businesses. Learn More. Whitepaper. Asset/Liability.

Community 195

Community Lending Maine Resources 195

Celent Banking

APRIL 7, 2017

Undoubtedly, the highlight was attending Celent's Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. Capital One, USA. Fraud Management and Cybersecurity. Consumer Banking Channel Innovation. National Australia Bank, Australia.

Case Study 189

Case Study Boston Risk Management Study 189

PYMNTS

AUGUST 2, 2019

The investigation was in April, ahead of the Capital One hack that resulted in the arrest of a former Amazon engineer. Capital One is just one of numerous financial institutions using Amazon’s cloud services to store customer data, igniting the question of where banks end and vendors begin. . banking system.

Regulation 144

Regulation Virginia Google Capital 144

South State Correspondent

OCTOBER 28, 2022

While last year was dominated by crypto, this year, the themes were mainly around fraud and identity (both conferences). AI, payments, data, and other aspects of innovation are dropping behind the scenes. These economic macro trends and their impact on capital have put a terminal date on many of these companies.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

JUNE 3, 2016

There may be a few resilient, strategic entrepreneurs out there who don’t need venture capital to run a successful startup. “It’s a huge anomaly,” said Small Business Administration Head of Innovation and Investment Mark Walsh, referencing the ability for startup founders to make it without venture capital.

Security 100

Security Data Analytics Capital 100

PYMNTS

JUNE 6, 2019

Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report. Rather, payments and security have emerged as top focuses, according to the Credit Union Innovation Playbook. government wants to change that.

Lending 129

Lending Analytics Data Security 129

Gonzobanker

DECEMBER 14, 2023

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

DECEMBER 14, 2018

News came earlier in the month that several federal agencies have come out — together — in support of banks embracing innovation in their compliance efforts. Thus, said the agencies, banks should eye technology, and should endeavor to “consider, evaluate, and where appropriate, responsibly implement innovative approaches in this area.”

Compliance 148

Compliance Innovation FDIC Examples 148

PYMNTS

MARCH 2, 2018

“The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It There are scenarios, too, in which a merchant cash advance may actually be the best financial option for a business in need of working capital.

Capital 119

Capital Lending Louisiana Data 119

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.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Trust is a vital component to supporting small businesses’ digitization journeys and access to capital on demand. Building Financial Trust.

Fintech 120

Fintech blockchain Data Capital 120

South State Correspondent

JULY 25, 2022

Articulate what major innovative initiatives (deposit opening, payments, and loan processing remain the big main projects) the bank is working on and how it will impact cost, the ability to scale, customer experience, or the employee experience. Capital: What are your plans for a capital raise or restructuring? Asset Quality.

Trends 195

Trends Lending Marketing Capital 195

PYMNTS

JUNE 19, 2018

CrowdStrike , the cybersecurity technology company, announced on Tuesday (June 19) that it raised $200 million in a Series E round of financing led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG. CrowdStrike currently protects more than 20 percent of the Fortune 500 companies.”

Security 101

Security Capital National Industry 101

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. She was a trailblazer and an early innovator in analytics.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

MARCH 31, 2017

For a second time, it was the lack of oversight, regulation and the potential for fraud in the broader bitcoin space that worked against the proposed ETF. million Series A venture funding round led by Berlin-based Earlybird Venture Capital. The Series A included participation from Lakestar and Blockchain Capital, among others.

Bitcoin 100

Bitcoin blockchain Capital Regulation 100

Gonzobanker

DECEMBER 17, 2021

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Congrats on a brave move and national recognition Jim! 82% to over 2.3%

Fintech 143

Fintech Strategy Leadership Lending 143

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences. Interestingly, however, a significant portion of SMEs shun cash entirely.

Big Data 100

Big Data Analytics Data Survey 100

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Office, participated in a panel on data, privacy, and fraud prevention policy. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

PYMNTS

AUGUST 13, 2018

MarketWatch , citing comments from Triton’s co-founders, reported that the student-run fund believes the subscription model is actually a solid innovation that isn’t going away anytime soon – and that the low share price offers an opportunity. The deal would see the venture fund taking over control of the increasingly cash-strapped firm.

Data 100

Data ATM Cards Fraud 100

PYMNTS

MARCH 17, 2017

Lack of oversight, regulation and the potential for fraud in the broader bitcoin space. Jerry Brito , executive director of cryptocurrency advocacy group Coin Center, notably queried, “How do we develop well-capitalized and regulated markets in the U.S. Still, some aren’t satisfied with that.

Bitcoin 123

Bitcoin Regulation cryptocurrency blockchain 123

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. It is an innovator with tech (e.g., The Tech Award – Goes to Capital One.

Idaho 148

Idaho Conference Data Marketing 148

Lex Sokolin

OCTOBER 7, 2020

Crypto assets, and crypto capital markets. Given a rise in global labor markets and the difference in national financial systems, how should moneys travel between individuals and their families? Fraud, trading, underwriting, client experience. Various neobanks, lenders, payments companies. See Schwab, Goldman, and BlackRock.

US 52

US Capital System blockchain 52

Fintech Labs Insights

MARCH 13, 2017

eWise partners with TSWG to drive digital banking innovation. Featurespace to provide machine learning fraud and risk management solution to CashFlows. National Bank of Abu Dhabi (NBAD) Egypt launches internet banking courtesy of CR2’s BankWorld Internet platform. Around the web.

Risk Management 15

Risk Management Compliance Capital Fraud 15

Gonzobanker

SEPTEMBER 15, 2014

Cheerily waving flags for the new “knight of Apple” were the dukes of Visa, MasterCard, American Express and Discover, and the earls of Chase, Wells Fargo, Bank of America and Capital One. In the world of issuers and card brands, there is now an innovator asking to take “just one thin wafer” of interchange revenue.

Apple 102

Apple Cards Mobile Community Bank 102

Tomorrow's Transactions

NOVEMBER 7, 2014

The nice people at the Fraud Advisory Panel invited me along to their expert stakeholder roundtable on “Protecting Consumers and Reducing Opportunities for Cybercrime”. Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security.

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

Lex Sokolin

OCTOBER 14, 2020

We think that Wells Fargo, and Bank of America, and the Federal Reserve, and the rest of “them”, whoever “they” are, are centralized monoliths running on papyrus and holding back innovation. despite such a site being a strong technical and market innovation. So you soldier on and bring in hard-nosed hedge fund capital.

Lending 52

Lending User Experience Google United States 52

Independent Banker

DECEMBER 31, 2021

Some of the lines that community banks plan to add include fraud and ID theft protection services, treasury management solutions, wealth management, property and casualty insurance, credit cards and specialized loan products. finds talk of raising capital thresholds concerning. In fact, 16.5% Badger Bank in Fort Atkinson, Wis.,

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

SEPTEMBER 3, 2018

Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. In June, CNBC reported that Holmes was indicted on criminal wire fraud charges— though she remains chairman of the Theranos board, despite the charges. million users, up from 9.2 billion euros.

Branding 100

Branding Cards Fraud Marketing 100

Independent Banker

DECEMBER 13, 2015

These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. That could stifle innovation.”. Private industry and ICBA had no input when FFIEC developed the tool, says Lilly Thomas, ICBA vice president and senior regulatory counsel.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. That could stifle innovation.”. Private industry and ICBA had no input when FFIEC developed the tool, says Lilly Thomas, ICBA vice president and senior regulatory counsel.

Tools 70

Tools Community Community Bank Security 70

Fintech Labs Insights

SEPTEMBER 19, 2016

Ripple will use the funding, which takes the company’s total capital to more than $93 million , to grow its customer base and its team, as well as help secure strategic partnerships. National Australia Bank (NAB). In addition to the funding, Ripple announced a number of new additions to its network. Mizuho Financial Group (MHFG).

San Francisco 12

San Francisco New York Financial Technology Technology 12

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. Click to enlarge. ‘It It Must Be Something in the Water’ Award.

Community Bank 60

Community Bank Apple Community Technology 60

William Mills

SEPTEMBER 9, 2016

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. Auto-financing is ripe for innovation. Addresses compliance, fraud experience and customer experience analytics. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

OCTOBER 8, 2018

Our goal is to serve as an innovation lab, to a large degree,” Jason Rowley, the team’s president and CEO, noted during an interview. Because that teller, with a glance and a phone call, unraveled a complex, multinational act of fraud that nearly left the nation of Angola $500 million poorer. So, what did we learn this week?

Columbus 116

Columbus Data Phoenix America 116

PYMNTS

APRIL 7, 2017

In a presentation titled “Sailing the Cyber Sea” at Innovation Project 2017, retired Admiral Jim Stavridis, the former supreme allied commander of NATO, stated that “we are [at] sea … but let’s drill down a little bit and point out the magnitude that is just increasing almost exponentially in terms of the surface of risk.”.

National 102

National Georgia Security Innovation 102