article thumbnail

5 Questions With… KeyBank Consumer and Digital CIO Kim Snipes

BankInovation

The Cleveland-based bank had a digitally driven calendar year, partnering with Laurel Road for an online lending platform in March 2021 and acquiring payments fintech XUP Payments in November 2021. Technology investment at KeyBank is nothing if not dynamic.

article thumbnail

Facebook Faces Billions In Possible GDPR Fines

PYMNTS

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. community banks and small business lending. The one million euros will be spent through 2019, according to reports.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

KeyBank On Digitizing In-Person Services With Data Analytics

PYMNTS

billion in small business aid from Commonwealth Bank and a host of free help being provided by FinTechs to help through the ongoing crisis. FinTechs are coming to the rescue with a variety of free services and programs, including enterprise software firm Temenos. Developments From Around The World Of Digital-First Banking.

Analytics 141
article thumbnail

Exploring New Frontiers in Credit Risk Scoring at Money 20/20

FICO

Industry leaders and innovators in the Payments, FinTech and Financial Services will be at the event to discuss the ways the industry is revolutionizing the future of money. Now change is on the horizon that will put greater control in the hands of consumers and has broad implications across the lending landscape. 21-24th in Las Vegas.

article thumbnail

The Future of Noninterest Income at Financial Institutions

Abrigo

Financial institutions generate most of their income by lending and investment activities. A recent study by the Cleveland Fed noted that traditionally, noninterest income is only 30% to 40% of small banks’ operating revenue, compared with over half of large banks’ revenue. Types of Noninterest Income. An important source of revenue.