CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. 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. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

Bank Innovation

DECEMBER 24, 2019

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

Financial Technology 332

Financial Technology Technology Innovation Strategies Apple 332

CFPB Monitor

AUGUST 8, 2019

The letter was conditioned on Upstart’s agreement to a model risk management and compliance plan that required it to analyze and address risks to consumers, and assess the real-world impact of alternative data and machine learning. The Bureau issued its first (and so far only) no-action letter in September 2017 to Upstart Network Inc.

Data 60

Data Lending Compliance Policies 60

PYMNTS

MAY 26, 2017

If we try to pursue business innovation within the bank, we have to ask around for permission from people in risk management, compliance and others. Payments, lending and personal finance are three promising segments, as is insurance, Goldman Sachs said in the report. It takes forever,” said the executive.

Fintech 100

Fintech blockchain New York Risk Management 100

PYMNTS

OCTOBER 1, 2018

“Investment advisers have an obligation to put their clients’ interests ahead of their own,” said Daniel Michael, chief of the SEC’s Complex Financial Instruments Unit, about the decision. “By By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

FEBRUARY 15, 2019

The largest round of the week went to OakNorth , but other significant investments landed at supply chain management, corporate accounting and small business finance players, totaling more than $821 million in total VC funding. Open Financial Technologies. India’s Open Financial Technologies raised $4.6

Capital 122

Capital cryptocurrency Operations Financial Technology 122

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Today, financial institutions are technology companies.

Technology 145

Technology Regional Community Bank Community 145

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. But community banks should not be without hope, nor should they underestimate the significance of customer relationships.

Community Bank 70

Community Bank Community Lending FDIC 70

Independent Banker

OCTOBER 31, 2022

We can see customers who are paying loans at other institutions, estimate loan balances and generate a shortlist by relationship manager,” says Lappetito. In addition, AI enabled Sunwest to pursue its specialty of solar lending. Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc.

Community Bank 91

Community Bank Community Customer Experience Data 91

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. A company’s primary line of business is implied by its current serviceable addressable market (SAM), management guidance, marketing materials, press releases, clientele, and/or partnership activity.

Fintech 93

Fintech Marketing US Technology 93

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. There’s nothing more Gonzo than a CEO who simply bleeds the soul of front-line relationship managers, and Brager could write a bestselling book on this topic. Acquisition of the Year: The No Time to Breathe Award. Goes to CSI.

Community 216

Community Fintech Industry Innovation 216

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. China could improve its regulatory technologies. For example, implemented in an appropriate way, Blockchain technologies could support the exchange of personal data for client onboarding incl. Compliance. Financial Services.

System 28

System Fintech blockchain Innovation 28

William Mills

MAY 11, 2016

This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added.

Video 40

Video Lending social media Analytics 40

William Mills

MAY 11, 2016

CreditHQ helps businesses manage cashflow. Managing cash flow – targeted at small business in partnership with banks. ^KT. Here’s another solution for document management and origination. ^SR. ChipShield also has an integrated password management vault. David Carr (Innovation Manager). Martin Campbell (CEO).

Video 40

Video Mobile social media Analytics 40

William Mills

MAY 9, 2018

A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Stephen Butler (General Manager), Sid Probstein (CTO & VP Professional Services), Alan Swahn (VP Marketing), Percy Johnson (VP Solutions), Alex Levi (VP Sales). Key Executives.

Security 40

Security Samsung Strategy San Jose 40

Fintech Labs Insights

JUNE 6, 2016

Incentive & rewards systems for financial institutions. Payments technology. Online financial advisor. Healthcare & insurance technology. Online payments & cash management for small businesses. Tags: SMB, payments, accounting, treasury management, commercial banking. Total raised: $1.92

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

NOVEMBER 2, 2015

Digital insurance manager. Accounts receivables management. Clarus Financial Technology. Tags: Expense management, PFM, payments, mobile. Latest round: $15.7 million Series B. Total raised: Unknown. HQ: Zurich, Switzerland. Source: Crunchbase. Identity proofing solutions. Latest round: $10.45 Total raised: Unknown.

Los Angeles 12

Los Angeles New York City San Francisco Company 12

William Mills

SEPTEMBER 7, 2016

Data and Analytics are a profit center rather than something that just needs to be managed. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Andrew just needs to review the account and forward on to compliance for their review. Turning Data into Insight and further into Action.

Mobile 40

Mobile Cards Fraud Data 40

William Mills

MAY 10, 2016

There is a growing focus on customer experience and related compliance issues. OurCrowd is bringing a fintech solution to the process of sourcing and managing deals. Interesting take on managing customer experience, a big topic nowadays. 12:33 pm Finova Financial – @FinovaFinancial – [link]. finovate Tweets.

San Jose 40

San Jose Customer Experience Mobile social media 40

William Mills

SEPTEMBER 9, 2016

Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind.

social media 40

social media ATM Mobile Customer Experience 40

Fintech Labs Insights

OCTOBER 3, 2016

Signed deal with Vision FCU to provide its money management app. Partnered with fellow Finovate alum NCR to launch new money management platform. Powered Homeownership Preservation Foundation’s digital money management app. Provided technology for fellow Finovate alum Q2’s Contextual PFM solution.

San Francisco 18

San Francisco Taxes Lending Colorado 18

Fintech Labs Insights

MAY 12, 2015

Our next presenting company is Top Image Systems , demonstrating its innovation in loan origination technology. With the ability to automatically capture and process any volume of documents of any type, anywhere, at any time, eFLOW Lending optimizes loan processing, increasing accuracy & efficiency for originators.

System 12

System Lending Compliance Innovation 12

CB Insights

MAY 15, 2019

Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. DAX has also worked with the DBS Innovation Group (DiG) on Hack2hire, a hackathon that allows participants to code their way into a career at DBS, and the UNI.CORN management internship program.

Innovation 78

Innovation blockchain Technology Groups 78

CB Insights

AUGUST 6, 2017

FINANCIAL TECHNOLOGY. Fintech 250: The Tech Startups Redefining The Financial Services Industry. Wealth Tech Market Map: 90+ Companies Transforming Investment And Wealth Management. Lending, Investments, And Personal Finance: 102 Startups Attacking The Retail Banking Value Chain. FINANCIAL TECHNOLOGY.

Industry 78

Industry Marketing Fintech Software 78

Fintech Labs Insights

SEPTEMBER 1, 2015

Market segments include insurance, banks, telecom, utilities, and property management. additiv develops and implements digital innovations and business models for financial services providers. Alfa-Bank offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending.

Company 12

Company Software Analytics Mobile 12