CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Banks are instructed to reference relevant guidance from the agencies that is listed in a footnote.

Community Bank 78

Community Bank Community Fintech Company 78

South State Correspondent

SEPTEMBER 20, 2023

Of course, all things are rarely equal. More importantly, the customer is more service-sensitive and has more engagement with the bank. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service. As such, payments generate more fees.

Management 195

Management Survey Industry Community Bank 195

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Banking Resources.

Community 195

Community Lending Maine Resources 195

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. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

APRIL 23, 2020

But the expansion, giving rise to the new SoFi Invest will offer “automated investing” and financial education. billion (in cash and stock) to buy Galileo Financial Technologies, which focuses on payments and bank account infrastructure. percent feel the same toward local and community banks. As many as 34.2

San Francisco 252

San Francisco Online Fintech Survey 252

PYMNTS

MAY 17, 2017

To make that experience one that entices fans to return and encourages them to spend more, MiLB turned to FIS, a global leader in financial technology. “In Our partnership with minor league baseball allows us to be their preferred technology partner,” Legters said.

Payments 101

Payments Community Jacksonville Community Bank 101

PYMNTS

FEBRUARY 26, 2018

The Office of the Comptroller of the Currency is examining the Community Reinvestment Act, which in part means that rules governing short-term lending may be reversed, and would let community banks compete more directly against payday lenders. The two entities are cross-supporting efforts through LabCFTC and FCA Innovate.

Regulation 101

Regulation Bitcoin Innovation Fintech 101