PYMNTS

NOVEMBER 18, 2020

Among Visa's partners are Alipay, mPesa, Tencent, Bitcoin (and other cryptocurrencies). It is also announcing a new partner in Daylight, a digital bank working with Visa and Fast Track to recreate a community bank concept digitally. These firms need to find a bank sponsor. Creating The Digital Community Bank.

Fintech 184

Fintech Community Community Bank Meeting 184

Gonzobanker

DECEMBER 19, 2022

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation. She was a trailblazer and an early innovator in analytics. The Smarter Bank Technology Award.

Community 216

Community Fintech Industry Innovation 216

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. The “What the Hell Are Bankers Doing?”

Fintech 195

Fintech Community Regional Technology 195

Independent Banker

NOVEMBER 25, 2015

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. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

Community Bank 70

Community Bank Community Analytics Lending 70

CFPB Monitor

FEBRUARY 12, 2019

Democratic Congressman Bill Foster, who represents the 11th District of Illinois, has sent a letter to Maxine Waters, Democratic Chairwoman of the House Financial Services Committee, to express his “strong interest in serving as the Chair of the Taskforce on Financial Technology and Innovation that will be convened in the coming weeks.”

Fintech 68

Fintech Illinois Community Financial Technology 68

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

While FIs have a tendency to complain about their vendors (oh, come on, you know you do), they also realize that their vendor relationships are critical to their ability to innovate, digitally transform and deploy new technologies. A Google search for “chief revenue officer in banks” resulted in 161 million hits. Improving efficiency.

Lending 128

Lending Fintech Technology System 128

PYMNTS

JUNE 1, 2020

He said community banks and credit unions (CUs) have tended be on the trailing edge when it comes to digital. As Ingo Money’s Edwards said, there’s been very little innovation for decades on the disbursement side of payments. Against that backdrop, friendly fraud has been growing by leaps and bounds.

Payments 172

Payments Fraud Security Technology 172

South State Correspondent

JULY 25, 2022

Now, more households and businesses are thinking about switching banks, and the customer experience is king. Crypto: With the fall of cryptocurrency and digital asset values, if your bank is evolved or has stated that it wants to get involved, what is the latest update?

Trends 195

Trends Lending Marketing Capital 195

PYMNTS

MAY 16, 2016

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. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all.

Fintech 108

Fintech Lending Fraud Cards 108

CB Insights

FEBRUARY 20, 2020

The selection was based on several factors, including company-submitted data, business model, tech innovation, marketplace momentum, team strength, and more. In the same month, small business lenders Kabbage and BlueVine both announced plans to offer banking services to SMBs. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

PYMNTS

DECEMBER 14, 2017

It’s been a newsworthy week for bitcoin, with agencies around the world concerned with a potential bubble involved in cryptocurrency. 214 | The number of banks surveyed in the PYMNTS Bank Innovation Readiness Index, in collaboration with payments solutions provider i2c.

Bitcoin 122

Bitcoin Data Compliance Survey 122

PYMNTS

JANUARY 15, 2021

He pointed to Circle’s own advocacy of an open standard for digital dollars as an example (the company also has a consortium that brings stakeholders together to spur financial innovation). But if the road to stablecoins is getting clearer, don’t expect rush-hour traffic on that road yet, cautioned Allaire. Still In Learning Mode . “A

Regulation 253

Regulation US Payments Compliance 253

The Financial Brand

JANUARY 24, 2022

The post New Competition Forcing Smaller Banks to Try (Almost) Anything appeared first on The Financial Brand - Banking Trends, Analysis & Insights. A big surprise is the willingness to offer crypto services. But the unwillingness to reconsider branch dependency could be a millstone.

Banking Trends 29

Banking Trends Analysis Trends Branding 29

CB Insights

MAY 15, 2019

With recent advances in blockchain, cryptocurrency, contactless payments, and more, finance is primed for disruption. One popular approach: in-house financial innovation labs. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong. Get the entire 43-page PDF.

Innovation 78

Innovation blockchain Technology Groups 78

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.

Regulation 101

Regulation Bitcoin Innovation Fintech 101