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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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Top 13 Bank, Fintech & Financial Services Marketing Conferences

Fintech Labs Insights

For financial marketers, especially those in credit unions and community banks, the biggest event of the year, The Financial Brand Forum , is just two months away. While dedicated financial marketing events are limited, there are many other wide-ranging fintech and banking events that have numerous sessions on marketing and product topics.

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Visa On Tap To Pay, Cash Displacement And B2B Payments

PYMNTS

Visa President Ryan McInerney said that beyond the core card business there remains the opportunity to “capture new flows of money using our expanding network of networks.” Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. At its investor day presentation Tuesday (Feb.

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). HQ: Charlotte, North Carolina. Secondary market for private company shares. Total raised: $300 million.

Company 12
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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

Electronic gift card platform. HQ: Charlotte, North Carolina. Tags: Peer-to-peer, P2P, lending, investing. Total raised: $61.7 Source: Finovate. Loop Commerce. HQ: Palo Alto, California. Latest round: $16 million Series B. Total raised: $29.2 Source: FT Partners. Digital payment platform aimed at construction industry .

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Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Labs Insights

HQ: Charlotte, NC. Risk management for P2P lending. Secondary market for private equity. Automatic bill payment for prepaid cards. Tags: Consumer, prepaid, debit cards, payments, billpay. Also, long-time alum, Alkami Technology picked up $11 million Friday to further their e-banking solutions business.

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Fintech Fundings: 27 Companies Raise $420 Million Week Ending October 23

Fintech Labs Insights

Prepaid card platform. Lending to bootcamp students. HQ: Charlotte, North Carolina. Marketplace lending platform. Off-market real estate listings. Tags: Consumer, P2P, lending, loans, underwriting, investing. Here are the deals from Oct 17 to 24, by size: Auxmoney. P2P loan platform. HQ: Dusseldorf, Germany.

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