Independent Banker

FEBRUARY 28, 2022

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Customized, well-thought-out interactions—especially in the online banking space—are integral to wooing new customers and retaining existing ones. By Katie Kuehner-Hebert.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

JUNE 26, 2020

The Hong Kong-based payments and cryptocurrency platform said it is refunding 100 percent of customer funds after the Financial Conduct Authority (FCA) suspended Wirecard’s operations. CoinDesk reported both companies have assured customers their funds were safe because and being held by a separate financial institution.

cryptocurrency 171

cryptocurrency Regulation Cards Course 171

Gonzobanker

DECEMBER 19, 2022

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. 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. OK, show of hands.

Community 216

Community Fintech Industry Innovation 216

Abrigo

JULY 25, 2023

Financial institutions will have different appetites, so they will have time to learn about it and learn from the activity of others.” - Russ Chacon, VP of Product Management, Abrigo Here are some fast facts about FedNow instant payments to help financial crime professionals get up to speed: Not mandatory; no implementation deadline.

Fraud 195

Fraud Payments Security Resources 195

PYMNTS

AUGUST 7, 2018

But there can be a sea change afoot that can mix things up a bit. As noted in American Banker , the deal count came to 371 deals for the first half of the year, with a few triple-digit investment rounds. Unlike the broader VC market, early-stage FinTech companies have continued to attract a solid flow of capital in the U.S.,

Fintech 101

Fintech National Course Capital 101

PYMNTS

OCTOBER 6, 2017

5), Alenka Grealish, senior analyst at Celent, penned an article for American Banker with a prediction: The small business (SMB) credit space is headed for a “shake-up.” The company, based in the U.K., Helping employees access financing, the company said, could lead to more effective employees at the workplace.

Lending 152

Lending Capital Marketing Report 152

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points).

Idaho 172

Idaho Community Industry Strategy 172

PYMNTS

MARCH 2, 2018

In addition, we saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up.”. where slower economic growth and industry uncertainties due to Brexit have been an issue, it is an encouraging sign.”. Much of the growth, particularly in the U.S.

Fintech 118

Fintech Capital blockchain Lending 118

Independent Banker

AUGUST 31, 2021

Bob Moore, Augusta Food Bank’s executive director, says traffic was backed up for miles. That day’s event was just one of the many ways in which Kennebec Savings Bank stepped up to help its community in 2020. A local stalwart since its founding in 1870, the community bank was signed into existence by Civil War hero and Gov.

Community Bank 196

Community Bank Community National Fresno 196

Gonzobanker

SEPTEMBER 4, 2018

Customers love digital self-service—right up until they don’t, and then they want a live person. In our work with banks and credit unions around the country, an unavoidable truth comes up again and again: Even the flashiest digital strategy falls flat without the backing of a strong contact center.

Technology 115

Technology Resources Fraud Strategy 115

Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. You are just minding your own business being a start-up, thinking “how many more months of capital do I have until we are bankrupt.” This series of transactions achieves the outcome of a company going public, but without the traditional investment banking process.

Fintech 52

Fintech Capital Company Data 52

Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. You are just minding your own business being a start-up, thinking “how many more months of capital do I have until we are bankrupt.” This series of transactions achieves the outcome of a company going public, but without the traditional investment banking process.

Fintech 52

Fintech Capital Company Data 52

Independent Banker

NOVEMBER 13, 2014

ICBA Independent Banker is happy to report that robots aren’t marauding down Main Street. Or consider how jewelry, such as a gold necklace, might monitor a person’s vital signs in real-time and transmit that health data to an app on your smartphone, or to a local doctor’s office or hospital in case of unusual indicators.

Community Bank 71

Community Bank Community Maryland System 71

CB Insights

JUNE 3, 2020

On the one hand, companies serving the restaurant industry are facing existential crises. At the same time, those payments companies serving the e-commerce space are seeing their transaction volumes sharply accelerate. Short term: some P ayments companies will face existential challenges. Take the payments sector. Real Estate.

Lending 75

Lending Capital Online Marketing 75

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. who oversees 32 loan officers dedicated to providing the loans. FirstBank, which has $2.3

Trends 70

Trends Community Lending Community Bank 70

Gonzobanker

DECEMBER 22, 2014

The pickup of 240 branches for BB&T gets this acquisitive company into the Northeast. We are seeing it show up lots of places, it’s real and it’s great for this industry. That’s one helluva move up. Cornerstone: Okay, let me back up a second. but let’s just dive into it! THE BANKING AWARDS. Buena suerte, Bradley!

Los Angeles 101

Los Angeles Apple Risk Management California 101

Jeff For Banks

DECEMBER 12, 2015

A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. So far I'm up to five mentions. If a bank deems a vendor critical to its operation, it must analyze the vendor's financial statements to be confident in its viability. We all know there is something to it. Legit question.

Fintech 60

Fintech Capital Cards Bitcoin 60

Gonzobanker

DECEMBER 19, 2017

A badly needed cost restructuring is being executed at Bank of America while the company’s digital prowess grows, and a stock once below $4 when TARP was passed is now approaching $30 nine years later. Endless CRM and data management projects that shook our foundations and gutted our PMOs. GonzoBanker of the Year – Large Banks.

Conference 91

Conference Industry Community Bank Community 91

CB Insights

OCTOBER 26, 2020

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Moreover, as more and more companies raise large equity rounds, they’re also choosing to delay public offerings. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Management 78

Management Capital Company Marketing 78

Gonzobanker

NOVEMBER 9, 2015

Money20/20 became quite the event in a very short time, with 10,000 – count ’em – attendees up from 2,300 only three years ago. Bankers had long suspected MCX’s plan was to bypass the Visa/MasterCard rails by processing transactions as ACH. The logistics. Would we all take that growth? Big stories/buzz. Apple Pay … not.

blockchain 60

blockchain Bitcoin Lending Innovation 60

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. It’s become a familiar story, usually with a new splash. Research and everyday observation show how consumers are increasingly using mobile technologies. Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

AUGUST 22, 2016

Samantha and Nick would boot up “Jack” every couple of days. The storyline, of course, seems a bit at odds with the title of the show (which not surprisingly lasted only one season) but it stayed with me. He’d teach them about a variety of things going on in the world – science, math, archaeology, literature. He’s a pretty smart guy.

Payments 100

Payments Bitcoin Cards Taxes 100

Fintech Labs Insights

NOVEMBER 18, 2014

My grandparents operated a much-loved corner grocery. I''ve got another installment or two in the pipeline, but since it''s already starting to feel like we are making our final descent into 2015, I wanted to take a step back and explain WHY those projects rose to the top. My wife loved Blockbuster. It took an hour!

Lending 30

Lending Mobile Online Digital Banking 30

Fintech Labs Insights

MARCH 31, 2015

So I decided to check out BankMobile , the mobile-first brand of Customers Bank , that has been getting a lot of press lately (for example, Mary Wizniewski in American Banker , David Gerbino in The Financial Brand ). I just had to add my phone number, mothers''s maiden, and social security number manually and I was almost done.

Mobile 12

Mobile User Experience social media Security 12

Abrigo

MARCH 24, 2021

Independent Banker Survey. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Technology sets up future lending success. Meanwhile, businesses that flourished in the pandemic may look to expand operations.

Lending 221

Lending Technology Survey Examples 221

William Mills

SEPTEMBER 9, 2016

Now showing how Avoka can integrate with a ton of apps in a matter of days with your company’s brand. Problem: lack of supply of pre-IPO shares for investors as was as liquidity for companies. Looking to work with about 50 pre-IPO companies (like (Pinterest), the platform will be launched in October. I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

JULY 20, 2017

The British Bankers Association (BBA) reported 19.6 market, Atom Bank has been shaking up the traditional banking scene by offering banking services like a savings account and SME lending through its mobile platform. The digital-first approach appears to be resonating well with consumers. The trend is mirrored in the U.K. million U.K.

Digital Banking 128

Digital Banking Video Mobile Survey 128

PYMNTS

DECEMBER 27, 2018

Starting with the Cambridge Analytica scandal, which saw some 87 million Facebook users’ data end up in the hands of a political consulting group without their consent, CEO Marc Zuckerberg found himself on Capitol Hill. The Facebook Follies. It has not been an easy year for Facebook. Tap-To-Pay Inches Into The U.S. Outside the U.S.,

Retail 123

Retail Online Cards United States 123

FICO

DECEMBER 14, 2016

A plethora of payment apps emerged in 2016, further upping the already densely populated payments landscape. Prediction: Fintechs will not keep acting like carefree start-ups. It’s great being a fintech start-up. The past year perhaps held no analytic surprise greater than the 2016 US Presidential election. VC funding!

Mobile 40

Mobile Fintech Payments Regulation 40

CB Insights

NOVEMBER 9, 2017

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. Company: Jawbone. Company: Beepi. A most-wanted founder.

Capital 78

Capital Company San Francisco Operations 78

FICO

MAY 6, 2020

This is the story and timeline of a small banker’s experience with PPP loans. Greg Tyre is a small business banker who underwrites loans at The Piedmont Bank in Georgia and is an SBA-preferred lender. Friday, March 27 – The CARES Act Is Signed Into Law. Undoubtedly the PPP has its problems, but there are nuggets of success.

Community 52

Community Community Bank Lending System 52

Abrigo

JANUARY 31, 2023

Beneficial ownership registry The AMLA was signed into effect in January 2021, paving the way for the first major BSA reform since the PATRIOT Act and encouraging a culture of compliance. The rule is effective January 1, 2024, and reporting companies will have one year from that date to file their beneficial ownership information.

Fraud 195

Fraud Training Regulation Trends 195

CB Insights

FEBRUARY 8, 2018

Yet at the same time, according to a survey by The International Securities Association, 55% of companies polled are monitoring, researching, or developing solutions on top of blockchain. Blockchain technology provides a cryptographically secure way of sending digital assets, without the need for trusted third parties — such as banks.

blockchain 78

blockchain Bitcoin cryptocurrency Security 78

Fintech Labs Insights

FEBRUARY 2, 2017

“Much beyond ‘layaway on steroids’, InSpirAVE helps you multiply your savings so that those big purchase goals that you thought were out of reach are now all of a sudden in reach without getting into the debt trap,” InSpirAVE founder and CEO Om Kundu explained from the Finovate stage during his company’s demo last fall.

Retail 12

Retail New York City US Fintech 12

Fintech Labs Insights

SEPTEMBER 1, 2015

So pick up your ticket while you still can and join the 1,500-person gathering in Manhattan September 16 & 17. To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. BehavioSec enhances security without impacting the user experience.

Company 12

Company Software Analytics Mobile 12

Abrigo

JULY 23, 2021

Weapons of mass destruction (WMD) is defined by Homeland Security as a nuclear, radiological, chemical, biological, or other device that is intended to harm a large number of people. Takeaway 1 The threat of the proliferation of weapons of mass destruction is very significant and the consequences are severe. Foreign proliferation threats.

National 195

National Training United States Regulation 195