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Gulf Winds’ Data Driven Approach To Member Retention

PYMNTS

billion in credit card debt and $382.9 However, it is a quickly changing industry, thanks to digital banking. Credit union service organization (CUSO) CULedger is partnering with digital credential provider Autonomous Lending to offer next-gen digital credentials to its partner CUs. percent and 4.1

Data 131
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The Tale of the Digital Banks

Gonzobanker

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Bancorp Bank (Simple/PayPal et al) 1,495,558 4,499,959 3,004,401. billion in 2010. What’s Next?

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The 2022 GonzoBanker Awards

Gonzobanker

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to Sen.

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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: Daytona Beach, Florida. Digital bank. Tags: Consumer, banking, payments, deposits, loans, debit card. The deals were widely dispersed around the world, with only 4 of the 30 headquartered in California.

Company 12
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GonzoBanker Awards 2017

Gonzobanker

Strangest Sale of the Year – Was the first-failed and then convoluted spin-off and sale of BankMobile by Customers Bancorp to Flagship Community in Florida. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. At a banking conference.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Digital banking company. Marketplace small business lending platform. HQ: Longwood, Florida. Tags: SMB, merchants, security, payments, POS, credit/debit cards, authorization. Latest round: $200 million Private Equity. Total raised: $224.9 HQ: Oakland, California. Source: Crunchbase. Total raised: $154.3

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Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

Ixaris landed $6 million for its prepaid card platform. P2P lending platform. Prepaid card payments platform. Tags:Consumer, merchants, payments, POS, acquiring, debit/credit cards, mobile. HQ: Boca Raton, Florida. Tags: SMB, lending, P2P, crowdfunding, credit, commercial loans, underwriting.