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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

This week, Chime, focused on banking via mobile apps, held a $485 million series F funding round that valued the company at $14.5 CNBC noted that the company will be “IPO-ready” within the next year, as projected by Chime CEO Chris Britt. billion, as CNBC reported. billion garnered only 18 months ago.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

This week, Chime, focused on banking via mobile apps, held a $485 million series F funding round that valued the company at $14.5 CNBC noted that the company will be “IPO-ready” within the next year, as projected by Chime CEO Chris Britt. billion, as CNBC reported. billion garnered only 18 months ago.

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From API to UX/UI: A Preview of FinDEVr 2015

Fintech Labs Insights

Leading technology companies will showcase their latest tools, APIs, and case studies to help fintech developers optimize their innovations. FinDEVr is a great way to stay on top of the latest trends in financial technology. The post From API to UX/UI: A Preview of FinDEVr 2015 appeared first on Finovate.

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The BaaS Gold Rush is On

Gonzobanker

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.

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It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

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.

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Fintech with The Jetsons at FinovateFall 2016

Fintech Labs Insights

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. Collaboration.

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Early-Bird Discount Extended for FinDEVr Silicon Valley

Fintech Labs Insights

New companies have joined the impressive presenter lineup for this third annual West Coast conference and it’s on track to be the biggest event yet. See firsthand what’s new and trending for the financial and banking developer community — all for early-bird rates. Business Alliance Financial Service.