Remove Chicago Remove Compliance Remove Digital Banking Remove Fraud
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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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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Fraud prevention tools. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Funding, valuation, and investors. Leadership and board members.

Online 98
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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. Credit Union Digital Deal of the Year. The Digital New Kids on the Block Award. This is a nice marquee win for FIS.

Fintech 147
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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. HQ: Chicago, Illinois. Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Total dollars raised YTD is now $14.7 billion Debt).

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

Fintech Labs Insights

HQ: Chicago, Illinois. HQ: Chicago, Illinois. Digital banking app. Tags: B2B, consumer, compliance, sales, on-boarding, UX, Silicon Valley Bank (lender). Source: Crunchbase. Maestro Health. Employee benefits and health insurance services. Latest round: $53 million. Total raised: $53 million. WorldRemit.

Company 12
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

GonzoBanker of the Year – Larry Richman, CEO of the PrivateBancorp Bank. Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. THE STINKIN’ FEDS AWARDS.

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

GonzoBanker of the Year – Larry Richman, CEO of the PrivateBancorp Bank. Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. THE STINKIN’ FEDS AWARDS.

Utah 60