Gonzobanker

JANUARY 18, 2024

That adds up to opportunity for larger banks (>$100 billion in assets) to get into the space more aggressively. A sneak peek into Cornerstone Advisors’ forthcoming What’s Going On In Banking study shows that the percentage of banks looking to get into the banking as a service (BaaS) space is down from previous years. Big surprise, eh?

Fintech 88

Fintech Customer Experience Tools Payments 88

PYMNTS

DECEMBER 14, 2016

Elizabeth Warren (D-MA) sent a letter to the chief executive of Prudential Financial requesting a briefing and documents having to do with press reports that Wells Fargo branch bankers signed up customers for life insurance policies without their knowledge or permission. Cummings and Sen. Warren said in the letter. “We

Policies 100

Policies California Fraud Retail 100

PYMNTS

NOVEMBER 1, 2016

Investment bankers in Hong Kong were tricked out of millions of dollars by a cash-advance business called Global Merchant Funding (GMF). According to Bloomberg , smooth-talking fraudster Avery Stone and his partners at GMF convinced bankers from prominent international banks to invest in the business to the tune of $32.5 million).

Strategy 100

Strategy Cards Company Fraud 100

PYMNTS

DECEMBER 13, 2016

California has joined in the lawsuit bandwagon, ordering an investigation into claims retail bankers at Wells Fargo signed customers up for life insurance polices without their consent. It also ordered Wells Fargo to refund $5 million in fees that the bank wrongly charged customers.

California 100

California Los Angeles Regional Resources 100

Gonzobanker

DECEMBER 19, 2022

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. 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.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 17, 2021

THE BANKER AWARDS. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson. Gonzo readers, 2021 was just plain schizophrenic.

Fintech 147

Fintech Strategy Leadership Lending 147

MyBankTracker

JUNE 12, 2020

A prepaid debit card is an excellent way to teach your children how to manage money. Kids as young as 12 can get a card in their own name, funded by you – or even by their own part-time job – then spend within certain limits determined by you. Best Prepaid Debit Cards for Teenagers. Monthly Fee: $0.

Cards 52

Cards ATM Online Mobile 52

Independent Banker

JULY 30, 2015

In Texas, data security, debit card surcharges and compensation for records searches become legislative issues. Some of the most pressing issues this year involved data security breaches, patent trolls, debit card surcharges and reimbursements for litigation records search requests. A $50 civil penalty, per card, is also included.

Data 70

Data Texas Community Bank Taxes 70

South State Correspondent

MARCH 28, 2022

These trends received more support this month when the President signed an Executive Order supporting the legal and equitable use of technology around a digital currency and digital assets ( HERE ). By way of background, we gave bankers a primer on how to work with defi and blockchains a while back ( HERE ).

Payments 195

Payments Trends Data Fintech 195

FluentBanking

APRIL 18, 2020

Banking diploma is a very common and recognized professional certification from The Institute of Bankers, Bangladesh (IBB). Though there are so many contradictions about this course, every banker wants to pass this certification. Today we are going to provide you a better insight into IBB, Bangladesh, and their banking diploma course.

Regulation 52

Regulation Case Study Security Management 52

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Brutal competition is an everyday affair, as are product and price commoditization. They have a very simple answer to all of these headwinds: Bring. But that’s for next year. First, find a comfy chair.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

NOVEMBER 18, 2014

And, man, did it ever … with the Aliens -esque signs of bankers getting their brains sucked out (or was it minds being blown by presenters, not sure?). He appealed to bankers to talk about their value creation and higher purpose instead of just making money. Innovation Showcase & Global Innovation Awards.

Chicago 98

Chicago Retail Branch Design Training 98

Abrigo

DECEMBER 22, 2023

The most popular financial crime blogs in 2023 Check fraud, the SAFER Banking Act, and BSA exam topics were among Abrigo's top blogs on AML/CFT and fraud this year. You might also like this infographic on the true costs of fraud at financial institutions. Here are Abrigo’s 10 top AML and fraud blogs in 2023.

Fraud 221

Fraud Training Compliance Trends 221

Gonzobanker

DECEMBER 19, 2016

A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.

Utah 60

Utah System Community Marketing 60

Jeff For Banks

DECEMBER 12, 2015

A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. So far I'm up to five mentions. It helped users save money across verticals including cell phones, credit cards, cable bills, and savings accounts. We all know there is something to it. You know who you are. Legit question.

Fintech 60

Fintech Capital Cards Bitcoin 60

Gonzobanker

DECEMBER 22, 2014

We are seeing it show up lots of places, it’s real and it’s great for this industry. That’s one helluva move up. Cornerstone: Okay, let me back up a second. We could hand you a load of bull about skewering the guilty and praising the exalted, etc., but let’s just dive into it! THE BANKING AWARDS. Buena suerte, Bradley!

Los Angeles 101

Los Angeles Apple Risk Management California 101

Gonzobanker

NOVEMBER 9, 2015

Money20/20 became quite the event in a very short time, with 10,000 – count ’em – attendees up from 2,300 only three years ago. By 2019, eMarketer is forecasting $210 billion in spend and estimating that mobile payments will surpass payment cards. The logistics. Would we all take that growth? Big stories/buzz. Two things.

blockchain 60

blockchain Bitcoin Lending Innovation 60

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. It’s become a familiar story, usually with a new splash. s entry into the payments business with Apple Pay.

Mobile 105

Mobile Community Bank Community Technology 105

Gonzobanker

DECEMBER 22, 2015

Sure, we bought some December options on west Texas crude at $100 a barrel, but it was only with a third of the 401(k)—plenty of time to make that up, right? Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. You sure this guy isn’t laundering illegal drug money?”

Community Bank 60

Community Bank Apple Community Technology 60

Tomorrow's Transactions

APRIL 25, 2016

I don’t doubt the film rights have already been snapped up, because at the trial it was revealed that the pensioner perps included a look out who fell asleep, a deaf point-man and a gang that travelled using OAP Oyster cards. They got caught and sent to jail. Meanwhile, if you want to see how proper bank robbers (i.e.,

Bitcoin 30

Bitcoin System Fraud New York 30

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. Check back for new updates throughout the day. An App Store for FinTech applications. I’ve seen these folks before, it’s pretty slick. Showing how someone can connect to other vendors for free for their clients. I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40

FICO

DECEMBER 14, 2016

A plethora of payment apps emerged in 2016, further upping the already densely populated payments landscape. As consumers hopscotch between payment apps, banks will need to have sophisticated and nimble fraud defenses capable of recognizing which transactions, firing in from all directions, are legitimate and which ones may be fraudulent.

Mobile 40

Mobile Fintech Payments Regulation 40

PYMNTS

SEPTEMBER 23, 2016

As September is gearing up to go into its last week, the waning warm days of the summer season certainly went out with a bang — care of the largest data breach ever recorded. Functioning properly, contract workers can be paid “within minutes” directly to a Visa or Mastercard debit card. Stripe’s Instant Pay. Same Day ACH Is Here.

Data 100

Data Retail Groups Payments 100

Fintech Labs Insights

OCTOBER 3, 2016

With the third annual FinDEVr Silicon Valley 2016 only a few weeks away (and tickets still available ), it’s a great time to look back and see what the FinDEVr alums have been up to this year. Teamed up with Harman to safeguard IoT data. Provided instant card-issuance technology to Bank of the Ozarks. in one year.

San Francisco 18

San Francisco Taxes Lending Colorado 18

Abrigo

JANUARY 31, 2023

Takeaway 2 Banks should be proactive in understanding fraud trends and FinCEN priorities to prepare for future rulemaking. Beneficial ownership registry The AMLA was signed into effect in January 2021, paving the way for the first major BSA reform since the PATRIOT Act and encouraging a culture of compliance.

Fraud 195

Fraud Training Regulation Trends 195

FICO

MAY 6, 2020

This is the story and timeline of a small banker’s experience with PPP loans. Greg Tyre is a small business banker who underwrites loans at The Piedmont Bank in Georgia and is an SBA-preferred lender. Friday, March 27 – The CARES Act Is Signed Into Law. Undoubtedly the PPP has its problems, but there are nuggets of success.

Community 52

Community Community Bank Lending System 52

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Long-time Free-Space Optics (FSO) player AOptix has shut up shop and is selling off its assets at auction next week… the company is currently trying to shop around its intellectual property. 242 Startup Failure Post-Mortems.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

FEBRUARY 8, 2018

It is a vehicle to perpetrate fraud.”. Last September, JPMorgan Chase CEO Jamie Dimon took a stab at Bitcoin: “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.”. Lloyd Blankfein, head of Goldman Sachs echoed that thought, saying, “Something that moves 20% [overnight] does not feel like a currency.

blockchain 78

blockchain Bitcoin cryptocurrency Security 78

PYMNTS

NOVEMBER 28, 2016

Fraud and deception are all too common. Credit and debit cards came in fourth (11 percent) — we’ll see below that their concern isn’t the fees but just being able to get credit. These days, consumers definitely need consumer financial protection. There’s something else consumers usually need at various times in their lives: a loan.

Lending 100

Lending Regulation Cards Maine 100

Fintech Labs Insights

SEPTEMBER 1, 2015

So pick up your ticket while you still can and join the 1,500-person gathering in Manhattan September 16 & 17. That means that our annual NYC conference – FinovateFall – is only a two weeks away. AcceptEmail serves today’s consumers with online, real-time email payments.

Company 12

Company Software Analytics Mobile 12