Gonzobanker

JANUARY 4, 2022

These fintech and banking trends should be on financial institutions’ radar in the year ahead. This list of top banking and fintech trends for 2022 won’t tell anyone anything they haven’t already heard about. consumers, 60% of crypto owners would use their bank to invest in cryptocurrencies.

Trends 190

Trends Fintech social media Strategy 190

Payments Source

FEBRUARY 3, 2021

Vast Bank in Oklahoma is one of the first to allow customers to purchase digital currencies, a market that has proved lucrative for fintechs.

Community Bank 123

Community Bank Oklahoma Community Fintech 123

BankInovation

JANUARY 10, 2022

CSI) is joining FIS and Fiserv as the third core provider to partner with Bitcoin fintech NYDIG in a move that will allow community banks to offer the cryptocurrency to customers. Computer Service Inc. The partnership will allow customers to buy, hold and sell — but not spend — Bitcoin.

Bitcoin 98

Bitcoin Community Bank cryptocurrency Community 98

American Banker

FEBRUARY 3, 2021

Vast Bank in Oklahoma is one of the first to allow customers to purchase digital currencies, a market that has proved lucrative for fintechs.

Community Bank 87

Community Bank Oklahoma Community Fintech 87

Independent Banker

AUGUST 31, 2021

The payments space can be dizzying for even the most enterprising community bank. Banking-as-a-service (BaaS). Cryptocurrency. Central bank digital currency (CBDC). For example, enabled by application programming interfaces (APIs), many community banks are embracing fintech solutions.

Trends 91

Trends How To Payments Community Bank 91

Independent Banker

DECEMBER 31, 2021

But by releasing rigidity and giving our banks the space to adapt to the environment, we will unleash new opportunities. For example, fintech partnerships may allow us to offer services in ways we’ve not considered previously. Emerging options like cryptocurrency may warrant strategic consideration. My Top Three.

Community 171

Community Exercises Community Bank US 171

CFPB Monitor

FEBRUARY 12, 2019

Waters and the subcommittee chairs to understand and examine developments in the Fintech industry, “including marketplace lending for consumers and small businesses, partnerships with traditional financial institutions, cryptocurrency, blockchain, alternative data utilized in credit underwriting, artificial intelligence, and machine learning.”.

Fintech 68

Fintech Illinois Community Financial Technology 68

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking.

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Fintech Community Regional Technology 195

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Our call for submissions is now open for the third annual CB Insights Fintech 250 list.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

OCTOBER 8, 2018

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.

United States 174

United States Regulation cryptocurrency Cleveland 174

American Banker

FEBRUARY 14, 2024

New regulations involving cryptocurrency and the results of key elections will impact the industry's success this year.

cryptocurrency 83

cryptocurrency Regulation Industry Cyber Security 83

American Banker

DECEMBER 15, 2020

The community bank and fintech are offering the first live bank account and debit card that offer rewards in the form of bitcoin.

Bitcoin 81

Bitcoin Community Bank Community Fintech 81

PYMNTS

MAY 16, 2016

Explore how B2B FinTech is on the cusp of change as we break down all of the statistics and surveys below. 200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. 60% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements.

Financial Technology 156

Financial Technology Technology Fintech Community 156

Gonzobanker

FEBRUARY 11, 2021

These days, community banks and credit unions are mostly clear about where their IT dollars went over the past few years and where their institutions will spend their technology dollars in 2021 to achieve their priorities. In addition, there are some concerns regarding the effectiveness of FIs’ fintech partnerships.

Lending 128

Lending Fintech Technology System 128

Independent Banker

NOVEMBER 25, 2015

A mix of players, FinTech firms pose threats and opportunities. Call them disruptors, upstarts or the voguish FinTech companies. Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products.

Community Bank 70

Community Bank Community Analytics Lending 70

Payments Source

JULY 3, 2017

Though they face an array of competitive threats — from digital currencies to peer-to-peer payment apps — the vast majority of community banks do not have a payments strategy, according to a recent survey.

Community Bank 64

Community Bank Payments Community Survey 64

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. billion-asset, 85-branch community bank based in Rockland, Mass., is not typical.

Innovation 70

Innovation Community Bank social media Community 70

South State Correspondent

JULY 25, 2022

How are you handling partnerships, and are you part of any fintech consortiums to assist are now common questions. Quality Growth: Banks should start to emphasize core quality growth over absolute growth. ESG: What is the bank doing to improve its support around environmental, social, and governance?

Trends 195

Trends Lending Marketing Capital 195

PYMNTS

JUNE 1, 2020

He said community banks and credit unions (CUs) have tended be on the trailing edge when it comes to digital. And on a larger scale, predicted Eberle, there’s likely to be more deal making among payments players — from traditional FIs to FinTechs. Consumers will be able to authenticate purchases with checkout-free payments.

Payments 172

Payments Fraud Security Technology 172

ABA Community Banking

FEBRUARY 3, 2021

From offering bitcoin rewards checking to meeting the unique credit needs of gig workers and sole practitioners, Quontic Bank depends on innovative ideas and execution. The post Podcast: Empowering Bank Employees to Drive Innovation appeared first on ABA Banking Journal.

Innovation 59

Innovation Bitcoin Meeting Resources 59

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. FinTech Innovation and Cooperation in the Cards? Last Monday (Feb.

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Regulation Bitcoin Innovation Fintech 101

CB Insights

MAY 15, 2019

With recent advances in blockchain, cryptocurrency, contactless payments, and more, finance is primed for disruption. As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Get the entire 43-page PDF. Founded: 2010. Founded: 2014.

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Innovation blockchain Technology Groups 78

PYMNTS

APRIL 11, 2019

Bank of America’s Moynihan spotlighted a $36 billion dollar small loan portfolio at his bank, with loans under $1 million in size, “a major business for us … we are heavily involved in small business” across 9 million businesses directly. Dimon pointed to the speed in which loans can be done through digital means, both P2P and B2C.

Lending 158

Lending America cryptocurrency System 158

PYMNTS

APRIL 11, 2019

Bank of America’s Moynihan spotlighted a $36 billion dollar small loan portfolio at his bank, with loans under $1 million in size, “a major business for us … we are heavily involved in small business” across 9 million businesses directly. Dimon pointed to the speed in which loans can be done through digital means, both P2P and B2C.

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Lending America System CA 100