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Why The ICBA Is Fighting Industrial Loan Charters For FinTechs

PYMNTS

That law prohibits bank holding companies from participating in commercial activities not directly or closely related to financial services. Industrial banks are not subject to BHA. All industrial banks are chartered in Utah – and there are only 17 such charters issued, 15 of which are currently active.

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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

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Q2 Leverages MX Technology to Launch Contextual PFM

Fintech Labs Insights

Directed at regional and community banks and credit unions, the solution gives them the kind of the technology customers are increasingly expecting – and getting – from larger FIs. This is in addition to the role the solution provides in helping customers become better banking consumers.

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FinovateFall 2017 Live Blog – Day 2

William Mills

Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. Provides an Application Program Interface (API) for Fintech apps to connect to banks.

Samsung 69
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Agile Banking Quote of the Year – “ If something takes three years to build, it’s too late. The big bang project is over.” see [link] ).

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Agile Banking Quote of the Year – “ If something takes three years to build, it’s too late. The big bang project is over.”

Utah 60
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House Financial Services Subcommittee Holds Hearing on “Debt Traps”

CFPB Monitor

It was no surprise then that the panel was comprised of five consumer advocates and one community banker from a total of eight panelists with not a single representative from the small dollar industry represented: Rev. A representative of a community bank offering small dollar loans below 36% APR.).