Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. This figure could more than make up for the anticipated loss of NSF/OD income.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task. They are more like investment funds than tech companies to me,” one executive concluded. Mandate #3: Build a next-gen I.T.

Technology 145

Technology Regional Community Bank Community 145

Fintech Labs Insights

AUGUST 24, 2016

We’ve seen authentication strategies evolve from a simple username and password to biometric technologies that leverage voice, behavioral, and facial recognition, as well as device tokenization and Touch ID to help banks increase security while decrease friction for end consumers. Status quo is no longer an option. Collaboration.

Fintech 12

Fintech New York UX Lending 12

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. The Smarter Bank Technology Award. Goes to MVB Financial. The Generational War Award.

Community 216

Community Fintech Industry Innovation 216