Independent Banker

JANUARY 31, 2023

Community bankers and industry experts share how to best put this data to use. billion-asset First State Community Bank in Farmington, Mo. To use data effectively, community bankers need to balance the information with what they know to be true about their customers. All data creates a competitive advantage. The results?

Community Bank 91

Community Bank Community Trends Payments 91

PYMNTS

NOVEMBER 19, 2018

When we created Invoice Check, we approached a lot of fintechs and stakeholders in the industry. We found that there was a community of people who wanted to utilize this, who were not in the banking environment per se,” said TFM Executive Director Raj Uttamchandani, according to Global Trade Review.

blockchain 153

blockchain Fintech Fraud Community 153

CFPB Monitor

JANUARY 24, 2022

In its press release , the OCC stated that its approval “brings SoFi, a large fintech, inside the federal bank regulatory perimeter, where it will be subject to comprehensive supervision and the full panoply of bank regulations, including the Community Reinvestment Act. In addition, the parent company of SoFi Bank, N.A.,

National 78

National Fintech Company FDIC 78

Gonzobanker

JUNE 28, 2023

The announcement is a #GonzoBanker #Fintech Deal to Watch for a few reasons: Money is still flowing in this fintech market, but it’s increasingly focused where there is real use case value for financial institutions that pay real money for real solutions to help real clients that generate real earnings. Follow Sam on LinkedIn.

Fintech 145

Fintech Risk Management Lending Software 145

Abrigo

SEPTEMBER 11, 2023

From a consumer standpoint, we’ve experienced three giant leaps in the fintech industry. Impact of AI Improved access to financial services One was when ATMs became available, and you didn't have to plan your activities around when banks were open. Let us step back in time and look at the last 50 years. So, what is generative AI?

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

JANUARY 7, 2021

In an environment in which connecting small- to medium-sized businesses (SMBs) to vital financial services and products is more imperative than ever, the world of SMB banking and FinTech is fostering an ecosystem of collaboration to expand availability. Orange Bank Acquires Anytime. Financial terms of the takeover were not disclosed.

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Strategy Fintech California Community 196

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

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Small- to medium-sized businesses (SMBs) are now a critical component of the government’s push for economic growth.

Fintech 120

Fintech blockchain Data Capital 120

PYMNTS

JULY 7, 2020

FinTech AeroPay has launched a new suite of digital payment solutions intended for cannabis businesses, according to a press release. The company calls its strategy “smart bank transfers,” referring to the way the tech can handle the entire cannabis supply chain from grow ops and suppliers to retailers and drivers.

Payments 185

Payments Survey Industry US 185

PYMNTS

AUGUST 26, 2016

Austin’s startup community has seen a big transformation over the years. But as Nate Stewart, Group Product Manager for BigCommerce, pointed out, today startups comprise a sizable percentage of the city’s community. “As There’s a positive feedback loop here that’s causing more and more startups to be created in or move to Austin.”.

Austin 100

Austin Fintech New York City Community 100

Abrigo

MARCH 6, 2017

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. 14) @News_CUInsight – CUInsight is an independent source of news on the credit union community.

social media 150

social media Lending Community Community Bank 150

Lex Sokolin

DECEMBER 31, 2020

A Year in Financial Models, Fintech Valuations, Super Apps, Big Tech, Decentralized Finance, the Multiverse, Pandemic, Revolution, Crypto Art, and the Nature of the Universe Hi Fintech futurists — You should be out partying! Is Ant Financial the best Fintech in the world? and try to answer with the word “community”.

Fintech 52

Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

A Year in Financial Models, Fintech Valuations, Super Apps, Big Tech, Decentralized Finance, the Multiverse, Pandemic, Revolution, Crypto Art, and the Nature of the Universe Hi Fintech futurists — You should be out partying! Is Ant Financial the best Fintech in the world? and try to answer with the word “community”.

Fintech 52

Fintech Bitcoin blockchain Google 52

CFPB Monitor

AUGUST 5, 2021

He also testified that there is an ongoing interagency effort to address the “$35 coffee” concern, which is a reference to a scenario in which a consumer incurs a series of large overdraft fees as a result of using a debit card to make a series of small dollar purchases. Community Reinvestment Act.

Data 78

Data FDIC Community Analysis 78

William Mills

AUGUST 30, 2018

The most exciting aspect of being immersed in the fintech world is that it is constantly changing and evolving. Hosting a fintech podcast is not only a great opportunity to share your thoughts on trends and events in the community, but it also has some significant potential benefits from a business standpoint. SEO Benefits.

Fintech 41

Fintech social media Branding Marketing Strategies 41

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. Money: It’s a Hit.

Lending 128

Lending Fintech Technology System 128

PYMNTS

MAY 29, 2020

FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? The pandemic was without precedent when it showed up in February and March, while the phases of its aftermath will also be without a reference point. FinTechs Help Main Street Find Its Footing. FinTechs Help Main Street Find Its Footing.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

OCTOBER 8, 2018

This is not the first brush Facebook has had with regulators on the continent in reference to data privacy. 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.

United States 174

United States Regulation cryptocurrency Cleveland 174

Gonzobanker

DECEMBER 17, 2021

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. You tell us.

Fintech 143

Fintech Strategy Leadership Lending 143

CFPB Monitor

FEBRUARY 14, 2019

Last week, the CFPB added the following update to its blog post about the proposal: The original headline [which referred to “companies”] suggested that the proposed Disclosure Sandbox would be open only to “fintech companies.” NAL Policy and New “Product Sandbox.”

Policies 68

Policies Groups Fintech Lending 68

PYMNTS

MAY 8, 2018

The portal relies on referrals from banks that reject a small business loan applicant; SMBs are guided to myWay to Credit, where they are connected to community lenders like Community Development Financial Institutions (CDFIs) for funding. The platform is reminiscent of the U.K.’s These entrepreneurs also need guidance.

Survey 131

Survey Lending Capital Community 131

PYMNTS

JUNE 11, 2018

Some of those offerings from FinTech firms, such as facial recognition technology, might offer “great hope” for the industry, as noted by Mark Austen, chief executive of that association. community banks hailed some changes to the Dodd-Frank regulations, particularly in regard to how small to medium banks are treated.

Regulation 100

Regulation Community Bank Lending Industry 100

PYMNTS

APRIL 20, 2017

million over the course of the next three years to build up a FinTech hub in Charlotte. Here is an except of the conversation: PYMNTS: Can you describe your personal and/or professional experience with the tech community in Charlotte? As we reported about three weeks ago, Bank of America has announced its plans to invest $1.5

Charlotte 118

Charlotte North Carolina Community United States 118

Abrigo

OCTOBER 20, 2016

Technological innovation has enabled FinTech start-ups to compete in a field previously dominated by banks and credit unions. At the same time, early adopters of new technologies, like mega banks, are edging out community banks and credit unions in the fight for customers and creating a rapidly consolidating industry.

Software 150

Software Lending Community Bank Taxes 150

Fintech Labs Insights

NOVEMBER 16, 2020

Founder George Cook 6th generation community banker and a passionate entrepreneur. It’s a great mission and a solid business model (bascially what community banks have done for more than a century). Reference: George Cook of Honeycomb Credit delivers a 3-min pitch @FinovateSpring 2018 (May).

Fintech 15

Fintech Atlanta Community Community Bank 15

CFPB Monitor

JULY 9, 2020

As envisioned, the payments charter would replace the state-by-state money transmitter licensing approach currently used by many non-bank payment processors and FinTechs. More detailed information about the new OCC payments charter will be forthcoming in the near future, possibly by this fall, according to Acting Comptroller Brooks.

National 78

National Company Payments New York 78

Jessica Ellerm

FEBRUARY 11, 2016

Unfortunately in fintech startup-land, this is hardly ever the case. It’s the reason why many more businesses, fintech startups included, are choosing the partnership model as their go-to-market strategy. Can you contribute resources towards their general marketing efforts, with a caveat they reference you?

Fintech 40

Fintech Strategy Marketing Strategies Training 40

PYMNTS

APRIL 17, 2020

Administered by the Small Business Association (SBA) and processed through financial institutions (FIs), including banks and selected FinTechs, the program offers small- to medium-sized businesses (SMBs) loans worth twice their monthly payroll expenses. What Is Needed. Looking Ahead.

Community Bank 149

Community Bank Community Maine Georgia 149

Jeff For Banks

DECEMBER 29, 2020

As a reference, the best SIFI bank in five year total return was JPMorgan at 33rd overall. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. that invests in businesses that align with the company's focus on fintech; Government Loan Solutions, Inc.,

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

PYMNTS

JANUARY 17, 2019

She said that she also plans to check in on FinTech firms. The main concern, according to Waters, is to balance the needs to protect investors and consumers, as well as the community banks that she believes are at risk as a result of their entry into the market.

Lending 134

Lending Community Bank Maine Policies 134

Insights on Business

NOVEMBER 13, 2017

That’s why we often refer to it as the “Innovation Exchange”. Most crucially, we want to democratize access to sophisticated tools in order to foster the creativity of the growing development community. We’re inviting our partners to innovate with us and pioneer new solutions that will benefit the financial services industry at large.

Financial Technology 79

Financial Technology Technology Analytics Tools 79

Let's Talk Payments

SEPTEMBER 22, 2016

Speaking of financial inclusion, professionals commonly refer to individuals, disadvantaged families and groups of the population overall, rather than to the business community. Meanwhile, small and micro businesses around the world.

Community 40

Community Payments Groups US 40

PYMNTS

APRIL 19, 2016

The head of the CFPB, Richard Cordray, said during testimony on The Hill last week (April 7) that FinTech companies will likely be a significant presence in making payday loans (or smaller dollar loans) to consumers. And in that context, when referring to payday loans, the words “predatory,” “abusive” and “sinful” were all used. “We

Lending 100

Lending Survey Community Guidelines 100

PYMNTS

NOVEMBER 16, 2017

As credit unions (CUs) face increased competition from traditional banks and new players from the FinTech crowd, many institutions ponder the same question: What can we do to keep our doors open? Economic troubles also hit the Manchester community in the late 20th century, as several local banks closed during the recession of the early 1990s.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

MAY 2, 2019

The main challenge of designing a holistic solution for the small business (SMB) community is that it’s a diverse segment, making it particularly hard to create one-size-fits-all solutions. While the substance of what is rolled out matters to Mastercard’s customers, it is equally important to offer an easy access point.

Cards 179

Cards Examples Online Taxes 179

Gonzobanker

JUNE 11, 2018

Everyone seemed to be looking for the next cool mobile banking app or use case yet had to settle for what must have been 37 references to varying forms of the new nirvana – “AI-driven, digital transformation”! Austin is home to Malauzai , Q2, 22 fintech startups and FinTech supporter Austin Capital Bank , so it’s a great choice.

Conference 70

Conference Digital Banking Austin Digital Strategies 70

Lars Markull

JULY 19, 2022

In this post, I'd like to discuss another current Fintech trend: Vertical Banking. I will continue to refer to them as Vertical Banking solutions (instead of Vertical Banks) because almost all of them are not banks but rather operate without a licence and collaborate with a banking-as-a-service provider. immigrants).

Examples 92

Examples Groups Community Branding 92