Gonzobanker

APRIL 11, 2023

It’s one of a banker’s worst nightmares: the digital banking conversion that was designed to improve the customer experience fails – locking users out of their accounts, not showing balances, making wire transfer features inaccessible… It recently happened to a $25 billion bank in the Midwest. It can change its core system.

Digital Banking 140

Digital Banking social media System Customer Experience 140

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

DECEMBER 30, 2019

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

JANUARY 7, 2020

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. Other companies include Razer, Grab Holdings and Ant Financial. .” Research companies predict for the digital lending market in Southeast Asia to more than quadruple to $110 billion in the next five years.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

SEPTEMBER 24, 2020

In today’s top news in digital-first banking, Volante Technologies Inc. is collaborating with Goldman Sachs Bank USA on digital transaction banking, while Sezzle has created a partnership with digital financial services company Ally Lending.

Lending 226

Lending Analytics Technology Software 226

PYMNTS

AUGUST 4, 2020

Those ecosystems will leverage the trust that consumers have placed in traditional financial industry players and tech companies of all sizes – including Big Tech , of course. To that end, BBVA was one of six banks that said on Monday (Aug. According to Khwaja, the digital shift is here to stay.

Google 298

Google Digital Banking Course Branding 298

BankInovation

MAY 9, 2022

A startup digital bank is working with Google and Deloitte to automate its lending for small and midsize businesses (SMBs) and use artificial intelligence (AI) to eliminate bias.

Lending 98

Lending Chicago Google Digital Banking 98

PYMNTS

JULY 1, 2019

While it gears up to apply for a digital banking license in Singapore, cross-border payments firm InstaReM is reportedly seeking lending business partners. The company plans to open an office there). Grab, Razer and Singapore Telecommunications Ltd. have all expressed an interest as of the announcement from MAS.

Digital Banking 123

Digital Banking Lending America Report 123

PYMNTS

OCTOBER 5, 2020

Nexi , the Italian digital payment company, agreed Sunday (Oct. The transaction will create a company with a combined market capitalization of around 15 billion euros ($17.6 This is not the first mega deal involving FinTech companies. Earlier this year, Wordline SA , the French payment company, paid 7.8

Company 151

Company San Francisco Payments Fintech 151

PYMNTS

OCTOBER 1, 2020

In today’s top news in digital-first banking, Memo Bank is rolling out an interest-bearing account for companies, while lending marketplace October has notched roughly $303 million in funding. Memo Bank Launches Interest-Bearing Account for Businesses. Lending Platform October Raises Funding for SMB Loans.

Lending 150

Lending Innovation Fintech US 150

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. The Open Banking Trajectory.

Lending 152

Lending Community Bank US Community 152

PYMNTS

JULY 8, 2019

InstaReM is currently preparing to apply for one of five (two retail, three wholesale) digital banking licenses that the city-state of Singapore announced it would be issuing earlier this month. The appeal of the banking license is it ensures the fact that they can provide the full spectrum of services,” he said. “The

Digital Banking 176

Digital Banking Innovation Cards Lending 176

PYMNTS

NOVEMBER 29, 2017

India-based Paytm Payments Bank not only wants to become the world’s largest digital bank , but also to evolve into a financial services company providing a slew of services like wealth management and trading. 28), Paytm founder Vijay Shekhar Sharma said the company is aiming to have 500 million bank accounts. “We

Digital Banking 122

Digital Banking Lending Cards Payments 122

Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. Hans Zandhuis, Head of Ally Lending, Ally.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

JULY 28, 2019

Jack Ma ’s MYbank is aiming to change the way China lends to small businesses. The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. The whole process takes three minutes.

Digital Banking 198

Digital Banking Lending Risk Management Mobile 198

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

OCTOBER 16, 2018

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. Q3 revenue for the investment bank hit $8.65

Lending 147

Lending Retail Digital Banking Branding 147

Gonzobanker

AUGUST 18, 2021

This is a perfect window into most banks’ thinking on digital transformation: “ There’s nothing wrong with our products. We’re losing ground to neobanks and other fintech companies because we haven’t digitized the delivery of our existing products and services. appeared first on Gonzobanker.

Lending 150

Lending Survey Industry Software 150

PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Fed Adjusts Main Street Lending Terms to Help Small Businesses.

Maine 148

Maine Lending Cards Bitcoin 148

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Lending Tech With Almost Steady Grades (Even With Rough Semesters). The energy and uncertainty of youth are headed back to school. Especially in fintech, which had the roughest semester last spring.

Fintech 171

Fintech Lending Software Compliance 171

Gonzobanker

MARCH 23, 2022

” As I wrote in a recent Fintech Snark Tank article, The Coming Boom In Metaverse Lending For Banks , virtual real estate sales are skyrocketing. Commercial real estate lending is the better analogy. Banks have developed a competency in evaluating real real estate lending. But we’re not there yet.

Lending 103

Lending Fintech blockchain Video 103

Gonzobanker

DECEMBER 4, 2019

Precision Lender reports 150 clients, and Cornerstone sees them mostly in commercial banks. Q2’s acquisition follows many years of paced, organic growth in consumer and business digital banking and a string of acquisitions including digital deposit origination specialist Gro Solutions and loan/lease origination system provider Cloud Lending.

Analytics 86

Analytics Lending Fintech Leadership 86

CB Insights

SEPTEMBER 1, 2020

CB Insights has unveiled the third annual Fintech 250 — a list of 250 of the top private fintech companies using technology to transform financial services. in aggregate funding across nearly 900 deals since 2015, and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

Fintech 101

Fintech Company Lending Capital 101

American Banker

AUGUST 6, 2020

Spinning off its digital bank will allow Pennsylvania-based Customers to beef up its commercial lending and buy other banks. BankMobile, meanwhile, plans to pursue more white-label relationships and perhaps explore its own acquisitions.

Pennsylvania 74

Pennsylvania Company Lending Digital Banking 74

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Commercial Banking. D3 Banking. Investors on Monday (June 27) provided $10 million to D3 Banking for it to further its research and development operations, reports said. . Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

JULY 27, 2016

The latest victim is Virgin Money , which revealed this week that it won’t be moving forward with plans to begin lending to small and medium-sized businesses — for now. According to the company’s chief executive, Jayne-Anne Gadhia, interest rates are expected to drop again by a quarter of a point from its current 0.5

Lending 100

Lending Report Digital Banking Marketing 100

PYMNTS

FEBRUARY 12, 2018

Transaction banking products provider Intellect Global Transaction Banking (iGTB) and cloud-based software solutions firm Pivotal are partnering to enhance corporate banking technology for businesses in the U.S. The companies made an announcement Friday (Feb.

Lending 158

Lending Analytics Software Customer Experience 158

FICO

JUNE 30, 2021

Lending Improved With Data-Driven Decisions. a , the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. As a digital banking leader in Slovakia we are looking forward to this cooperation,” said Zden?k

Lending 52

Lending Case Study Strategy Software 52

Gonzobanker

AUGUST 13, 2018

The mashup of transactional digital banking and digital sales is well under way in the market, as is evidenced by Friday’s announcement by Q2 of its intent to acquire Cloud Lending Solutions. Most transactional digital providers like Q2 have been developing or partnering for origination solutions.

Lending 65

Lending Leadership Digital Banking System 65

PYMNTS

OCTOBER 17, 2019

Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. The outage has been going on for the last 24 hours, taking down the company’s website and app, as well as shutting down customers’ debit cards. Earlier this year, it reached a valuation of $1.5

Digital Banking 107

Digital Banking San Francisco Leadership Cards 107

PYMNTS

JANUARY 7, 2021

After Simple Bank launched as an online bank specializing in high-interest savings accounts, the current economic climate ended up making it unfeasible. And, the company says it wants to make the transition "as smooth as possible" for customers. So BBVA pulled the plug.

FDIC 336

FDIC Google User Experience Lending 336

FluentBanking

APRIL 1, 2020

“We've started executing the Bangladesh Bank’s order from today (Wednesday) on single-digit bank rate," Syed Mahbubur Rahman, Managing Director and CEO of the Mutual Trust Bank, told UNB. He, however, said it may take this month to fully implement the new rate for all kinds of lending designated under the BB order.

Lending 81

Lending Meeting Industry Compliance 81

PYMNTS

AUGUST 21, 2020

JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said.

Report 173

Report Digital Banking Technology Lending 173

PYMNTS

JULY 28, 2020

Yet this week’s look at the latest tie-ups reveals new models of collaboration, including FinTechs expanding their footprint within banking, and wielding banks to fit within their own tech solutions. Kabbage Steps Into Banking. Our answer to the question ‘FinTech or bank’ is: ‘FinTech AND bank.'”

Fintech 279

Fintech Lending Digital Banking Technology 279

PYMNTS

JUNE 3, 2019

Santander, a Spanish bank, and eBay have teamed up to offer lending services to small businesses, in an attempt to stave off competition from not only larger companies but smaller ones as well, according to a report by the Financial Times. It’s not the first company to offer such services, either. by the end of the year.

Lending 166

Lending Operations Digital Banking Regulation 166

PYMNTS

JANUARY 19, 2021

Italy’s BNL , part of BNP Paribas Group , has debuted its multi-banking solution developed in conjunction with open banking FinTech Tink , according to a press release. Portugal’s largest bank, Caixa Geral de Depósitos (CGD), is working with Backbase to implement the FinTech’s engagement solution, according to an announcement.

Fintech 341

Fintech National Groups Tools 341

CB Insights

AUGUST 3, 2017

Using CB Insights data, we highlighted 75+ Latin American companies, from early-stage to late-stage, making waves across an array of verticals in financial services tech. Track the LatAm fintech companies in this brief and many more on our platform. Track LatAm fintech companies. LatAm Fintech. 630+ items. Categories.

Company 65

Company Fintech Comparison Marketing 65