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Deep Dive: The Many Roads To Digital-First Banking

PYMNTS

It has thus become imperative for banks to have the most recent technological innovations. For example, BMO Harris opened a new “smart branch” in Chicago last year with smart ATMs, video screens that link to live tellers and mortgage professionals, and employees equipped with tablets capable of conducting transactions.

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

PYMNTS

While much is yet to be announced about Google Cache, VB expects them to provide an experience layer, while letting the financial institution provide the account and deal with regulatory compliance. As VB explained, if Google’s brand and role are more prominent, that’s a fairly different experience than if the bank is more prominent.

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2021 GonzoBanker Awards

Gonzobanker

GonzoBanker of the Year – Bank. There are lots of entrepreneurial leaders in the banking space today, but this year the nod goes to Randy Chesler at Glacier Bancorp. With Venmo charging 100-150bp less that the card networks, merchants will aggressively follow Amazon. Credit Union Digital Deal of the Year.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Virtual card issuance.

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Fintech Fundings: 20 Companies Raise $300 Million Week Ending July 17

Fintech Labs Insights

Regulatory compliance solutions for new account opening. HQ: Chicago, Illinois. Tags: Payments, mobile, mPOS, merchants, acquiring, cards, SMB. In total, 20 companies raised $294 million, all in equity (as far as we know). Here are the fundings from July 11 through July 17 in order of magnitude: Fenergo. HQ: Dublin, Ireland.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

London beat that this week with 5, followed by 3 in NYC, and 2 each from Chicago, Florida and Germany. HQ: Chicago, Illinois. Digital bank. Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. The total number of deals YTD stands at 494, nearly double last year’s 266. billion Debt).

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

HQ: Chicago, Illinois. Underwrites & guarantees high-risk credit card transactions . HQ: Chicago, Illinois. Digital banking app. Tags: B2B, consumer, compliance, sales, on-boarding, UX, Silicon Valley Bank (lender). Source: Crunchbase. Maestro Health. Latest round: $53 million. Source: Crunchbase.

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