Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

Fintech 195

Fintech Lending Software Compliance 195

PYMNTS

JANUARY 8, 2020

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm. In documents released Tuesday (Jan.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

CFPB Monitor

JULY 15, 2021

The Federal Reserve, FDIC, and OCC have released proposed guidance for banking organizations on managing risks associated with third-party relationships, including relationships with financial technology-focused entities such as bank/fintech sponsorship arrangements. partnerships, joint ventures), including technology companies.

Risk Management 78

Risk Management Management FDIC Compliance 78

PYMNTS

FEBRUARY 19, 2020

It’s not speed that’s driving corporates’ real-time payment roadmaps, however – convenience and data availability are at the top of their list of benefits. “Companies are beginning to understand the connection between payment flows and data flows,” he told Karen Webster in a recent discussion. ”

Payments 287

Payments Fraud Survey Fintech 287

PYMNTS

JULY 2, 2020

In its report, the publication warned, “this should probably be a wake-up call to get into compliance immediately” for other payroll card solution providers and employers. As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation.

Cards 208

Cards New York Capital Compliance 208

Payments Source

APRIL 2, 2019

FIS’s $43 billion agreement to acquire Worldpay and Fiserv’s $22 billion deal to buy First Data are largely closing the gaps between financial technology and merchant acquiring. But these mergers are only the first of many steps.

Financial Technology 112

Financial Technology Data Technology Compliance 112

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC.

Policies 60

Policies Lending Data Online 60

PYMNTS

SEPTEMBER 24, 2019

These are attempts, and, often because of diligent work by bank compliance officers, do not represent actual losses. financial system have had some information about themselves … compromised at some point.”. “FinCEN is seeing around 5,000 account takeover reports each month involving approximately $350 million,” he said.

Fraud 178

Fraud Cards Fintech Compliance 178

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

FEBRUARY 15, 2019

Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations. Open Financial Technologies. India’s Open Financial Technologies raised $4.6 Chainalysis.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

FEBRUARY 3, 2017

So what’s the best way to effectively utilize that data? In a recent study of 200 government leaders from 16 countries, IBM’s Institute for Business Value (IBV) looked specifically at blockchain technology as a possible solution for securely sharing sensitive data. They’re looking at this as a leapfrog technology.

blockchain 100

blockchain Technology Study Policies 100

CFPB Monitor

MARCH 8, 2019

The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments. The Safeguards Rule requires financial institutions to have a comprehensive information security program. Requiring periodic reports submitted to the boards of directors to ensure compliance.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

William Mills

JANUARY 25, 2018

Key areas of focus include:1) the impending war for talent; 2) shift to back-office or banker technologies; 3) gap in resources between large and small financial institutions; and 4) how service professionals could be the big winner this year. The report includes industry research about what technology, solutions and services U.S.

Report 40

Report Technology Innovation Atlanta 40

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. PYMNTS dives into the report to examine the biggest data points. ACH is the most preferred payment rail for corporate payers, according to Strategic Treasurer and Bottomline Technologies.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

FEBRUARY 21, 2019

Financial technology firm Green Dot , which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 Green Dot revealed a 17 percent year-over-year revenue increase for Q4, according to the firm’s earnings data released on Wednesday (Feb.

Taxes 188

Taxes User Experience Cards Operations 188

CB Insights

NOVEMBER 21, 2019

Download the CB Insights and PwC Canada MoneyTree report to see all the data. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Data is as of 10/8/2019. GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. in H1’19 versus $1.9B

Fintech 93

Fintech Marketing US Technology 93

CFPB Monitor

FEBRUARY 13, 2017

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. Big data report. In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers. Fintech forum.

Report 68

Report Big Data Lending Survey 68

Insights on Business

JULY 20, 2017

Open banking is a term that is associated with a broad set of initiatives that align to one of these three principles: Banking customers are empowered as the owners of their financial data. . Customer data has been traditionally locked in banks’ IT systems, but this practice is changing. The data aggregator.

Fintech 181

Fintech Mobile Examples Data 181

NCR

FEBRUARY 22, 2016

Banking institutions and financial technology startups are putting their differences aside and working to find common ground. The chasm that has traditionally existed between the two is due primarily to their divergent approaches in providing financial services. Data Storage and Sovereignty. Security and Compliance.

Innovation 40

Innovation Compliance Security Data 40

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. Leveraged by tremendous customer data, Chinese Fintech companies have an edge over their Western counterparts in innovation applications.”. China could improve its regulatory technologies. Compliance. Financial Services.

System 28

System Fintech blockchain Innovation 28

William Mills

FEBRUARY 22, 2018

Bankers as Buyers explores what banks will likely invest in this year and provides ideas and concepts from leading industry analysts, banking consultants and financial technology professionals on the top trends impacting the financial industry in 2018, including: Mobile Developments. Talent Wars.

Millennials 40

Millennials Digital Strategies Fraud Mobile 40

Insights on Business

MARCH 12, 2018

Ludwig also expects new regulatory interest in the vast expanse of emerging financial technologies and services. In both cases, AI takes enormous amounts of information and permits better informed, data-driven decisions, ultimately allowing a regulatory ecosystem to operate more efficiently and effectively.

Groups 79

Groups blockchain cryptocurrency Regulation 79

Insights on Business

SEPTEMBER 21, 2018

Every year, Money20/20 is one of my favorite conferences because I get to hear firsthand how leaders are reinventing financial services and are making fundamental shifts in technology, processes, people–and ultimately their own markets–to deliver better customer experiences, build skilled workforces, and solve industry-wide challenges.

Conference 115

Conference Customer Experience Industry Trends 115

William Mills

APRIL 27, 2017

With the Fannie Mae and Freddie Mac still in recovery there has not been great investment in mortgage technology. These folks are may be one of the companies that bring 21st Century technology to the industry. They invested in new technology and are promoting the heck out of it. BeSmartee www.besmartee.com ^William.

San Francisco 68

San Francisco social media San Jose Customer Experience 68

Fintech Labs Insights

MAY 26, 2017

ABN AMRO is the third-largest bank in the Netherlands and will use the technology to support its CDD/KYC processes in specific, and the bank’s broader “business transformation strategy” in general. “Fenergo is the technology platform that will underpin this initiative.”

Management 17

Management Innovation Compliance Capital 17

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. PYMNTS: What is oftentimes overlooked by decision-makers in your space regarding data?

Innovation 100

Innovation Technology Regulation Fraud 100

CB Insights

DECEMBER 5, 2017

Get a data driven view on developments in the insurance tech distribution landscape, where startups are making moves, and how incumbents are responding. Stated investment focus: Mobility & connected car, connected home & properties, insurtech & weath management, digital health, cybersecurity & data intelligence.

Strategy 28

Strategy Marketing Analytics Innovation 28

CFPB Monitor

NOVEMBER 22, 2022

That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition. The report was issued in response to President Biden’s July 2021 Executive Order on promoting competition.

Fintech 78

Fintech Report Data Lending 78

William Mills

MAY 11, 2016

Banks are not experts in IT, so now they can leverage plug-and-play technology functionality. Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. Going to speak about technology can be better used in the card world. This is a very sophisticated fraud detection technology! ^SR.

Video 40

Video Lending social media Analytics 40

William Mills

MAY 11, 2016

Race Data – @RaceDataSystems – [link]. Turn data into energized relationships. Race dashboard: Large data set to work with. Helping banks with customer retention by transforming data into knowledge about their customer’s engagement and key events on their journey. Lots of useable data. ^KT.

Video 40

Video Mobile social media Analytics 40

Social Assurance

NOVEMBER 15, 2019

Peter Wegener, Chief Technology Officer, CardFlight. Combining data with emerging technology enables new organizations to help change the way people think. The inaugural conference successfully brought together key players in the financial technology sector. But where difficulty resides, opportunity coincides.

Conference 12

Conference Fintech Nebraska Software 12

PYMNTS

MARCH 11, 2019

Fiserv , a financial technology company, has partnered with cash solutions company NationalLink to simplify cash management for users, the company said in a press release. NationalLink will use a financial services technology called CorPoint, which is a cash supply chain management software.

Management 100

Management Software Financial Technology Compliance 100

PYMNTS

FEBRUARY 22, 2017

Corporates in particular are struggling with some of these financial reforms, according to research from the U.S. Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negative impact for businesses.

Compliance 135

Compliance Regulation Management Fintech 135

William Mills

MAY 10, 2016

There is a growing focus on customer experience and related compliance issues. Like a HELOC on your car but using a technology platform. 12:32 pm Payment Data Systems – [link]. Matt Decker (VP, Technology). Payment Data Systems is unveiling Akimbo Now, delivery of digital cards that eliminates the need for plastic.

San Jose 40

San Jose Customer Experience Mobile social media 40

PYMNTS

NOVEMBER 12, 2018

While ERP systems have been around for 25 years or so, recent evolutions in corporate financial technology are redirecting the position of ERP within the broader ecosystem of digital platforms. Now, one of the most important roles of ERP is to act as an aggregator of corporate data.

System 135

System Data Report Tools 135

Independent Banker

OCTOBER 31, 2022

First, with AI’s ability to mimic human intelligence, community banks can quickly process huge amounts of data to ease customer friction. That’s because AI iteratively improves itself based on the information it collects, with computer systems processing data and learning patterns through advanced algorithms.

Community Bank 91

Community Bank Community Customer Experience Data 91

PYMNTS

MAY 4, 2018

Payments are moving toward greater speed, efficiency and choice – and in P2P payments, that’s led to the rise of financial technology giants. Industry consolidation is a lofty objective, and with so much happening in corporate payments – from faster payment initiatives to cross-border payments technologies – where does one start?

Payments 115

Payments Marketing Innovation Trends 115