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

FICO

JULY 15, 2022

The lending and financial services industry can provide that social good, as long as it's done in a way that is both responsible and fair. While the introduction of credit scoring technology introduced by FICO in the late 50's changed lending forever; it’s worth exploring what it takes to make a social impact today. Sally Taylor.

Analytics 52

Analytics Data Lending Innovation 52

CB Insights

FEBRUARY 20, 2020

Two of the most recent unicorns are vertical payments processor Flywire , which raised a $120M Series E from Goldman Sachs, Temasek, Tiger Global, and Adage Capital Management in February 2020 at a $1B valuation, and point-of-sale payments startup Pine Labs, which closed a corporate minority round from Mastercard in January 2020 to reach a $1.6B

Fintech 80

Fintech US Lending Cards 80

PYMNTS

SEPTEMBER 20, 2017

BECU and other credit unions have also had to address the emergence of new FinTech companies, firms which are disrupting financial services by offering consumers innovative new options for managing their money. Among the companies approached is Even, a supply-side marketplace lending company. Lesson one was never assume,” he noted.

Fintech 123

Fintech Innovation US Mobile 123

Gonzobanker

JUNE 3, 2015

One of the challenges we see facing managers is that when they are done dealing with daily issues, regulatory changes and fraud/loss challenges, all of which is never-ending and important, there’s just not a lot of energy and time left to dig into the detail of industry innovation. It should be. They need to be understood.

Management 60

Management Examples Lending Conference 60

PYMNTS

DECEMBER 2, 2019

With critical infrastructure in place, they can fast-track new products and services, and work with the likes of Visa and Mastercard to transform payment ecosystems. That’s especially true in the consumer lending and demand deposit account (DDA) startups. And it’s not overfunded by a little bit,” he told Webster of challenger banks.

Capital 127

Capital Innovation User Experience Payments 127

Gonzobanker

DECEMBER 19, 2017

Endless CRM and data management projects that shook our foundations and gutted our PMOs. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. The Real “Lending” Stock Award – Goes to longtime player LendingTree. This year brought us: Mergers out the yin-yang.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

DECEMBER 16, 2020

Welcome Technologies , which builds data-driven tech for immigrant communities, has chosen PSCU , a credit union service organization, to provide processing services and support for the first credit card program to be offered by Welcome, an online consumer platform that focuses on immigrant communities, according to a press release.

Technology 154

Technology Cards Missouri Florida 154

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

Examples 221

Examples Fraud Resources Risk Management 221

Fintech Labs Insights

DECEMBER 14, 2015

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. Trizic grabbed $2 million for its wealth management platform. BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. Real estate lending marketplace.

San Francisco 12

San Francisco Company Fintech New York City 12

MyBankTracker

SEPTEMBER 23, 2020

Here’s what you need to know about the Earnin app, including how to get started and how it compares to other lending options. However, the app does have a feature that allows its community to support the app and pay it forward to other users. What You Need to Know About the Earnin App. What fees are involved?

How To 52

How To Cards Resources America 52

Tomorrow's Transactions

AUGUST 30, 2016

But when I got to Waitrose and used my phone, the ensuing transaction was just a boring (although very secure) old MasterCard credit card transactions running over the same old rails. As Anthony Jenkins (former CEO of Barclays) accurately predicted years ago, mobile phones are going to replace cards before they replace cash.

Big Data 34

Big Data Mobile Cards Fintech 34

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Bravo OZRK! C’mon Man!’

Community Bank 60

Community Bank Apple Community Technology 60

NCR

DECEMBER 1, 2016

Bills are often paid at these locations or in person, and perhaps if they need to buy something online they’ll buy a pre-paid single use Visa or MasterCard from CVS. FinTech tools that digital banks can create provide better visibility and money management than a traditional bank. The future of consumer banking.

Digital Banking 40

Digital Banking New York Tools Lending 40

CB Insights

MAY 15, 2019

Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. DAX has also worked with the DBS Innovation Group (DiG) on Hack2hire, a hackathon that allows participants to code their way into a career at DBS, and the UNI.CORN management internship program.

Innovation 78

Innovation blockchain Technology Groups 78

CB Insights

AUGUST 20, 2017

Even manages clients’ savings to help users pay their bills, balance their budget, save and invest, and earmark a weekly “paycheck” of pureply disposable income. Select Investors: International Finance Corporation, MasterCard Worldwide, Omidyar Network. WiseBanyan works to democratize money-management services.

Company 60

Company Community Capital Mobile 60

Lex Sokolin

AUGUST 19, 2020

In American terms, you should think of Visa or MasterCard as a comparison, or maybe American Express. Arguably, Monzo is the most fragile of the three players despite having a banking license for 2 years and having converted 94% of its prepaid card customers into current accounts for deposits and lending. That’s really high?—?lending

Comparison 52

Comparison Fintech Lending Analysis 52

PYMNTS

JULY 18, 2016

Lending Club continued to prove there is almost always more to the story, American Express announced a surprise collaboration with Airbnb and PayPal pushed harder into B2B payments. Lending Club’s Latest Bad News. The last several weeks of news for Lending Club suggest that there’s a little of both to be had here.

Lending 100

Lending Payments Metro Cards 100