PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. More Focus on P2P Lending.

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Fintech Lending Regional Regulation 144

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. InfraRisk is a wholly-owned subsidiary of China-based FinTech solutions provider PINTEC, which acquired InfraRisk last March.

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Lending Analytics Compliance Fintech 131

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Build, buy or partner? Finastra Chosen by Community FI. Faster Payments scheme.

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Community Bank Community Fintech Regional 242

PYMNTS

AUGUST 29, 2019

The twist is, that gap in small business banking innovation led external FinTechs to step in and today, small business banking is a highly competitive, and highly innovative, area of financial services. In India, Visa recently announced a partnership with FinTech Open to introduce new small business banking services. Now, the U.S.

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Fintech Innovation Lending Digital Banking 173

Bank Innovation

JANUARY 23, 2019

Toronto-based fintech Operant.AI Operant Founder and CEO Allan Fisch said at a meetup yesterday at Bank Innovation’s headquarters in New York that a consortium would allow the FIs to contribute anonymized data on the performance of their third-party […].

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Operations New York Fintech Data 170

Gonzobanker

JUNE 14, 2023

To realize the rewards of the BaaS industry, banks and fintechs are going to have to learn to play by some non-negotiable rules – together. It has more than 80 fintech partnerships including Coinbase, Upgrade, Affirm, Best Egg, Divvy, Rocket Loans and Stripe. But fear not, compliance-conscious compadres. If only it were so easy.

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Compliance FDIC Strategy Fintech 109

Bank Innovation

APRIL 27, 2018

EXCLUSIVE - Technology services provider Synechron launched a regtech program focused on helping its financial services clients on regulatory compliance issues. The program, which Synechron refers to as its Regtech Accelerator Program, went live yesterday.

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PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

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Fintech Capital Lending Operations 155

PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

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Fintech New York US National 166

PYMNTS

APRIL 16, 2020

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to apply for and receive much-needed funding. This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K.,

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Data Lending Regional Fintech 167

Bank Innovation

APRIL 27, 2018

Singapore is taking another step towards cementing itself as the top fintech hub in the world. Today the Intellectual Property Office of Singapore (IPOS) said it would speed up the patent granting process for fintechs in the country.

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Fintech Study Operations Online 337

Bank Innovation

JANUARY 17, 2019

This newfound attention is compelling the biggest names in fintech to prioritize a part of their business that’s often ignored. Several financial-technology companies are looking to staff up in regulatory compliance, according to job posting data reviewed […].

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Regulation Fintech Compliance Financial Technology 150

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

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Fintech Capital Security Fraud 188

CFPB Monitor

NOVEMBER 22, 2022

The report attributes the risk that such schemes will arise to bank/fintech relationships that “lack proper regulatory oversight or principles for responsible lending.”

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Fintech Report Data Lending 78

PYMNTS

OCTOBER 29, 2020

With more and more FinTechs introducing their own banking services, the competition is heating up. Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, the U.S.

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US Fintech Tennessee Compliance 203

Independent Banker

DECEMBER 1, 2021

However, data from PwC shows that community banks are finding complementary partnerships that evolve their operations and the service they provide customers. Over the next 3-5 years, 82% of financial institutions expect to increase their partnerships with FinTechs, with an average return on investment of 20%.

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Community Bank Community Fintech Guidelines 91

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

CFPB Monitor

MARCH 28, 2022

Clyburn sought information from the nation’s largest lenders on their PPP lending policies and compliance efforts, including Anti-Money Laundering (“AML”) and know-your-customer (“KYC”) policies. Further widening its probe, the Subcommittee issued an additional information request to two other large FinTech firms on November 23, 2021.

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Fraud Compliance Lending Policies 146

Bank Innovation

APRIL 25, 2019

Fintechs are having trouble facing reality when it comes to obtaining bank charters, FDIC Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting said here at the FDIC’s Fintech and the Future of Banking conference on Wednesday. WASHINGTON, D.C.

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Fintech FDIC Washington Conference 186

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Alternative Lending.

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Fintech Capital blockchain Lending 118

PYMNTS

AUGUST 20, 2018

The survey stretched across 77 C-level executives, IT managers and others — and of that tally, 76 percent of firms are not currently in compliance with their own information governance policies. As many as 85 percent of firms are boosting budgets over the previous year’s, tied to data privacy and compliance.

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Fintech Survey Regulation Resources 101

Bank Innovation

AUGUST 15, 2016

Calling all fintech startups — today marks the opening of the application period for the second class of INV Fintech, a global accelerator operated by Bank Innovation and Fiserv. Interested startups can apply here. The application period will close Friday, September 9.

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Fintech Innovation Operations social media 150

Bank Innovation

JANUARY 11, 2018

For this expedition, the fintech has teamed up with SaaS banking platform Mambu for providing short-term lending products specifically tailored to local consumers. EXCLUSIVE – German online lender Kreditech is making its way to India, Bank Innovation has learned.

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Online Lending Innovation Fintech 309

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

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Capital Lending Cards cryptocurrency 174

Bank Innovation

JUNE 23, 2017

INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. Here are the five companies of Class 3 of INV Fintech: CoverHero is an intelligent insurance roboadvisor that helps users manage, understand, and buy […].

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Fintech Management Company social media 218

Abrigo

APRIL 19, 2016

Further safe and sound operations through effective risk management. In a column for American Banker , Hamilton said that striking a balance between risk management and innovation in order to stay competitive is possible if community banks operate with an eye towards compliance, but also do so faster, online, and using technology and data.

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Innovation Fintech Risk Management Community Bank 150

Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

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Fintech Marketing Cards Management 287

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company to debut on the stock market. Synctera Brings 'FinTech As A Service' To Community Banks.

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San Francisco Community Bank Video Capital 130

Bank Innovation

JUNE 24, 2016

In a stunning vote, British citizens decided to leave the European Union, and the so-called Brexit has not just profound implications for fintech, but creates massive uncertainty for global financial services. tweeted Eileen Burbidge, a partner at Passion Capital and FinTech Envoy of HM Read More. How can we be so stupid?”

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Fintech Capital social media Operations 258

Bank Innovation

MARCH 7, 2019

Fresh off a $400 million funding led by SoftBank, fintech lender OakNorth is close to establishing its first bank partnership in the U.S., which will also serve as its entry into the country, Bank Innovation has learned. Based in London, OakNorth is part challenger bank, part vendor.

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Fintech Innovation Operations Capital 186

Bank Innovation

FEBRUARY 19, 2016

The clock is ticking on FinTech Acquisition Corp. FinTech Acquisition Corp, believed to be the only “blank check” company in the fintech sector today, has by rule until Aug. 19 to consummate an acquisition with its $100 million, or face dissolution.

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Fintech Company social media Operations 199

PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. Indeed, the last two weeks were dominated by small, early-stage investments staggered across a variety of industries, from T&E to alternative lending to B2B eCommerce. Alternative Lending. with an $18 million investment. Numberz.in.

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Fintech Capital Lending Taxes 100

PYMNTS

SEPTEMBER 27, 2019

Deploying nCino’s Bank Operating System, Santander U.K. Adopting nCino technology will enable the bank to operate its business services – serving small businesses to large enterprises – on a unified platform, the companies noted. Streamlining the infrastructure will also support compliance, they said. ”

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Lending Operations System Regional 116

Bank Innovation

MARCH 25, 2019

million from its shareholders to continue growing and investing in technology this year, Banesco USA entered into an agreement recently with Silicon Valley-based accelerator Plug and Play Fintech. Working with $11.9 The Coral Gables, Fla.-based based bank may be a community bank, but it’s thinking big when it comes to digital transformation.

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Fintech Community Bank Community Technology 186

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Enter Figure Pay – And The Barbell Effect . The Charter Advantage .

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National blockchain Montana Lending 215

PYMNTS

DECEMBER 8, 2019

Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms. Asset management, payments and lending are being offered by Microsoft, Amazon, eBay, Baidu, Apple, Facebook and Tencent — all which have colossal databases. However, there could be risks to financial stability.

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Regulation Data Google Fintech 131

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.

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Fintech Financial Technology Trends Technology 150