PYMNTS

JULY 28, 2019

The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. But now they run their model and work out what the risks are so they feel more comfortable.”. percent.

Digital Banking 198

Digital Banking Lending Risk Management Mobile 198

Abrigo

JULY 27, 2023

When exploring regtech in the banking sector, be on the lookout for providers that are adapting to changes in today’s financial climate, such as: Digital migration: As more transactions move to online and mobile platforms and FedNow implementation leads to faster transfers, regtech solutions must be able to keep up with trending payment types.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

When exploring regtech vendors, be on the lookout for providers that are adapting to changes in today’s financial climate, such as: Digital migration: As more transactions move to online and mobile platforms and FedNow implementation leads to faster transfers, regtech solutions must be able to keep up with trending payment types.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

NOVEMBER 20, 2019

Mastercard is partnering with global investor Meridiam to help upgrade transit systems by introducing smart payments and laying the groundwork for mobility-as-a-service (MaaS), Mastercard said in a press release on Wednesday (Nov. It aims to introduce efficiency through technologies such as contactless payments. He said at least $4.1

United States 101

United States System New York Risk Management 101

PYMNTS

FEBRUARY 28, 2017

Spanish bank Santander is developing mobile apps with IBM in an effort to boost the performance of the bank’s employees working clients, including corporates, small businesses and consumers. The first set of apps will focus on achievement and risk management, Santander noted.

Apple 100

Apple Risk Management Mobile Innovation 100

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

DECEMBER 2, 2019

Jikwang Chung, managing director of Mirae Asset Capital (the strategic investment arm of Mirae Asset), said FinAccel is one of the leading companies in Southeast Asia to “combine a strong technology DNA with top-tier risk management, and a bold vision of financial inclusion.”.

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

JANUARY 13, 2021

The OCC conditionally approved the charter, meaning Anchorage had to agree to comply with certain capital and liquidity requirements, as well as the OCC’s risk management rules, the release stated. Coinbase said its mobile app will now notify users of missing information and provide a way to update their accounts.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

PYMNTS

JULY 9, 2016

PayPal Working Capital Ups The Ante. PayPal’s been making its SMB risk management list and checking it twice – and has found a lot of new insights behind the $2B and 90k SMBs that have been on the other side of its Working Capital program, including the role that mobile plays in getting access to those all-important cash advances.

Risk Management 101

Risk Management Lending Capital Fintech 101

PYMNTS

APRIL 26, 2018

Blockchain supply chain management company Eximchain is collaborating with YOOSourcing to enhance supplier risk management. Eximchain will link its business users to the mobile app offered by YOOSourcing to assess suppliers’ profiles. “Our

blockchain 100

blockchain Massachusetts Risk Management Capital 100

PYMNTS

MAY 8, 2018

CFOs surveyed agreed that technology could help with strategic spend management: 60 percent told researchers that they agreed process or technology improvement was key to improving cost management. Earlier research from Runzheimer, for instance, found that managers lack visibility into the spend of their mobile employees.

Company 116

Company Survey Risk Management Management 116

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

NOVEMBER 30, 2018

The cloud, artificial intelligence (AI) and robotics are all prevalent themes in this week’s venture capital breakdown, with startups working to overhaul entire processes for their enterprise customers, from logistics to workforce management. New backers Edge Capital Group and World Innovation Lab tacked onto the round, too.

Capital 156

Capital Management Technology Operations 156

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience. Lending & Credit Risk. Credit Risk Management.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. announced a $10 million Series A round, with venture capital provided by Sierra Ventures and existing backers Revolution Ventures, KGC Capital and Tom Williams. said this week. ZenBusiness. Engage:BDR.

Payments 149

Payments Capital Taxes Lending 149

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience. Lending & Credit Risk. Credit Risk Management.

Lending 195

Lending Community San Antonio Survey 195

PYMNTS

JUNE 7, 2016

Drilling down a bit, the key areas of lending, said Arora, “would be the working capital needs” of small businesses and a sweet spot tied to those needs, where $150,000 to $250,000 loans would be used to furnish inventory, equipment or ramp up staffing.

Online 100

Online Lending Course Risk Management 100

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Apart from significant investments in marketing, there are two critical components for the long haul: technology and working capital. Let me give you an example.

How To 136

How To Risk Management Technology US 136

PYMNTS

JULY 22, 2016

Investors seem confident in the industry’s startups and their ability to provide adequate risk management and underwriting for their loans; VCs provided more than $11.5 million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. million funding round.

Lending 100

Lending Regulation Big Data Risk Management 100

Independent Banker

MAY 2, 2016

Since joining TS Banking Group through our formal acquisition in October 2014, The Bank of Tioga’s focus has been on growth strategies and expanding our products and services, including a new website, mobile money app, instant-issue debit cards, and wealth management and trust services.

North Dakota 70

North Dakota Community Bank Community Risk Management 70

PYMNTS

FEBRUARY 14, 2018

T-Mobile Steps in. Reports did say, however, that T-Mobile played a prominent role in the development of Hyperledger Sawtooth, a platform for enterprises to develop and deploy their own blockchain tools. Comcast’s venture capital unit Comcast Ventures is ramping up its investments in blockchain companies, according to CoinDesk reports.

blockchain 111

blockchain Compliance Mobile Technology 111

PYMNTS

MAY 28, 2018

Specifically, the HPS PowerCARD Connect-Open API could enable FinTech developers to integrate mobile payment, tokenization, biometrics and other emerging banking technologies into their own solutions. Morocco-based HPS hopes to ride the energy of PSD2 to expand in Europe with its technology. Late last year, Joseph Otting, the U.S.

Fintech 100

Fintech Examples Pennsylvania Lending 100

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.

Big Data 100

Big Data Analytics Data Survey 100

Insights on Business

NOVEMBER 19, 2018

Both fintech firms and traditional enterprises are on the brink of significant disruption as companies leverage the rapid insights generated by AI in banking to drive demonstrable outcomes in customer experience, risk management and cost efficiency. The caveat: There are winners and losers in this forward-thinking revolution.

Compliance 177

Compliance Regional blockchain Technology 177

CB Insights

NOVEMBER 21, 2019

Qualifying top five venture capital investors (e.g. venture capital, growth equity, and super angel) and corporates (e.g. corporations and corporate venture capital) must have made equity investments into fintech companies listed on this market map. Capital markets. digital collectibles”). Personal finance.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

JUNE 20, 2019

The last thing that anyone wants to hear in almost any financial organization is that the people tasked with risk management is feeling less than fully confident about their ability to actually do that job — because they aren’t sure if their data is good.

Data 166

Data cryptocurrency Regulation Compliance 166

Gonzobanker

APRIL 23, 2020

The scenarios and data an institution used in a prior stress test will help it find potential problems in unemployment, vacancy rates, collateral values, capital rates and property value trends. Financial institutions that mobilize credit risk data analytics quickly and effectively may have the best shot at successfully navigating the storm.

Management 79

Management Tampa Analytics Data 79

Independent Banker

JANUARY 28, 2016

Thomas: Because banks have been introducing more new products and services or introducing new business lines, in part to simply serve their customers and in part to generate new revenues, the regulators want to evaluate how well banks are managing the risks associated with such new activities. It’s more of the same.

Community Bank 70

Community Bank Community Regulation Lending 70

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Barcode-Based Mobile Payments. It’s worth noting that CVS supports no other mobile wallet at this point.

Lending 100

Lending Apple Cards Study 100

Insights on Business

APRIL 23, 2018

Previously collaborating on projects involving mobile , risk management , or cognitive computing to improve customer service , Citi has not been shy to embrace modern technological advances to improve their business. To be honest, financial services decision makers are looking to do much more than just “keep up” with technology.

Security 87

Security Data Analytics Industry 87

Independent Banker

FEBRUARY 24, 2016

Against lenders that fund loans with their own capital or with funds from large institutional investors, banks enjoy a considerably larger spread between cost of funds and loan interest. In a tough credit cycle, some of their loans will default, leaving many investors without their principal and potentially tightening up funding.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

DECEMBER 16, 2019

Armed with new tech, mobile devices, data and the cloud, they fast-tracked the shift from a largely analog world to the app-based economy of today. billion of whom have a mobile phone. In developed markets, 4G will move to 5G with 15 percent of mobile phones connected, and to 5G five years from now. Today, there are 7.3

Payments 180

Payments Innovation Cards Google 180

PYMNTS

APRIL 12, 2017

From ordering groceries online to going to a retail store and comparing prices on a mobile app, or even shopping with the help of virtual reality (VR) or augmented reality (AR) — omnichannel interaction between consumers and merchants is now the new standard. Modern consumers want and expect more from their relationship with merchants.

Payments 101

Payments San Diego Online Retail 101

PYMNTS

JANUARY 1, 2020

Armed with new tech, mobile devices, data and the cloud, they fast-tracked the shift from a largely analog world to the app-based economy of today. billion of whom have a mobile phone. In developed markets, 4G will move to 5G with 15 percent of mobile phones connected, and to 5G five years from now. Today, there are 7.3

Innovation 174

Innovation Cards Google Payments 174

Lex Sokolin

SEPTEMBER 3, 2020

The illustration above shows the progression from main frame computers, to standalone desktops and laptops running local software, to the magnificence and efficiency of cloud computing accessed through the interface of the mobile device, to now open source programmable blockchains secured by computational mining.

blockchain 52

blockchain Software Capital Technology 52

Independent Banker

DECEMBER 31, 2021

finds talk of raising capital thresholds concerning. This year, Red River Bank will enhance its mobile banking and treasury management services and automate more back-office operations. Janet Silveria, president and CEO of Community Bank of Santa Maria in Santa Maria, Calif., Badger Bank in Fort Atkinson, Wis.,

Community Bank 144

Community Bank Community Lending Louisiana 144

Gonzobanker

DECEMBER 22, 2020

staff who had to mobilize remote work environments in a matter of weeks and then take lamebrain calls 24/7 from all of us remote neophytes. (“Oh, You know that dog either has Capital One or Delta Amex. These executives truly “hurt” for the teams they were asking to do hard, ungrateful work and the Cornerstone team salutes you big time!

Idaho 172

Idaho Community Industry Strategy 172