Bank Innovation

JANUARY 25, 2017

More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. The event is the 9th annual pitch session for SXSW’s accelerator.

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Austin Fintech Conference Course 150

PYMNTS

OCTOBER 24, 2019

Lights out for the FinTech charter idea? The Office of the Comptroller of the Currency (OCC) debuted a special purpose charter in 2016 that would have given FinTechs a leg up on competing with traditional financial services companies. Of course there are ways for FinTechs to broaden their services. As reported , the U.S.

Fintech 101

Fintech FDIC New York National 101

PYMNTS

SEPTEMBER 6, 2018

The top of any FinTech’s to-do — and to-keep-doing — list. The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Plugging In To Plugins.

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Compliance Fintech Regulation Knowledge Base 133

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. Banks, of course, cannot ignore the FinTech threat. Competitive Disruption. Cybersecurity.

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PYMNTS

JULY 10, 2018

The two biggest players in the FinTech startup have been Cellulant — a digital payments operation currently up and online in 11 African countries — and the online micro-lending startup Branch. What Branch does have, however, is some direct experience in the world of micro-lending. Cellulant raised $47.5

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PYMNTS

AUGUST 20, 2018

FinTech Firms Eye Bank Charters. And in the wake of the announcement late last month that FinTechs will be able to apply for banking licenses with the Office of the Comptroller of the Currency, caution abounds. The changes would come in the wake of the theft that occurred earlier this year at Coincheck , a currency exchange operator.

Fintech 101

Fintech Survey Regulation Resources 101

Abrigo

MAY 5, 2022

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Some recent episode titles: “Secret Sauce for Deeper Relationships & What’s So Nifty About NFTs” and “Fintech Investment and Growth Opportunities.” Banking Resources.

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Abrigo

JANUARY 25, 2022

Drivers of digital change Whether looking to enhance customer-facing aspects of the bank or credit union, improve operations, or diversify revenue and profit streams, financial institution executives everywhere are looking to buy technology or partner with fintechs. That compares with about 5 in 10 in the 2019 survey. “In

Management 195

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PYMNTS

MARCH 30, 2020

As COVID-19 saps consumer demand across all manner of verticals, and small businesses bear the brunt of a sudden disappearance of revenues, the firms that lend to those SMBs are feeling heat, too. The company is also reportedly “completely” closing down its Bangalore, India operations. staff, which has 500 employees.

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Lending FDIC Fintech Operations 151

PYMNTS

SEPTEMBER 14, 2017

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.

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PYMNTS

OCTOBER 13, 2017

B2B FinTech saw one of its most stellar funding weeks in a while, led, of course, by the high-profile Bill.com investment. Alternative Lending. million in fresh equity funding for its small business lending solution. Only about 39 percent of the population is banked, reports said, leaving a gap for FinTech to fill.

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PYMNTS

JUNE 14, 2016

“Of course, it would be great being the Uber of Something,” Karen Webster recently wrote about the wave of fallacy-backed Uber-like firms. And that story is currently being acted out over in the online lending segment, as the recent high speed, multi-phase come apart over at Lending Club has markedly destabilized the entire segment.

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PYMNTS

JANUARY 21, 2021

As CEO Brian Moynihan said on the earnings call to discuss results: “The physical payments of cash and checks have moved to more digital forms which create operational efficiencies for us and has been a strategic initiative for many years, and one that was moved forward by the [coronavirus] crisis.”. Earlier in the month, J.P.

Mobile 252

Mobile Report Trends Digital Banking 252

PYMNTS

AUGUST 4, 2016

The alternative lending space is crowded — oversaturated, some may say — and in the U.S. marketplace lender OnDeck, alternative lending is likely to be mainstream in Australia as soon as the end of the decade. Of course, small businesses getting paid late by their corporate buyers is an issue throughout the globe, including in the U.S.

Lending 100

Lending Regulation Data Payments 100

Abrigo

AUGUST 9, 2019

The shifting shape and effect of fintechs on banking. Banks and credit unions must learn about these upcoming changes, adjust for them, and meanwhile continue to operate their existing institutions and meet customers’ needs while following all of the regulations that come with being a financial institution. See the entire agenda here.

Management 150

Management Conference Lending Training 150

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue. Baird said. “As

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

DECEMBER 4, 2020

Of course, banks, scrambling to meet those evolving needs would be burdened by doing so if they weren’t able to build on top of existing tech infrastructure. Elsewhere, StreetShares raised $10 million to expand small business lending technology for banks and credit unions.

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Lending Meeting User Experience Innovation 224

PYMNTS

SEPTEMBER 25, 2019

That can be easier said than done, of course, but in a new PYMNTS discussion with Karen Webster, Laurin Nabuko Hainy, founder and CEO at FairMoney , gave a tour of the emerging payments landscape in Nigeria and offered lessons that can be applied to other developing markets. Nigerian banks don’t like to lend,” Hainy said.

How To 130

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FICO

JANUARY 19, 2023

It’s a trend that’s being driven by the relentless focus on customer experience thanks to the agile fintechs and disruptors operating across numerous markets. Simulation of the impact of changes to strategies should be run continually to inform the most appropriate course of actions in multiple scenarios.

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South State Correspondent

AUGUST 10, 2023

The reality is, of course, the money is technically there. While 57 banks, core systems, and fintechs will go live shortly, soon, the platform will see 3,000 financial institutions at least receiving money in real time. Gaining experience with a modern core allows the bank to operate at a lower cost in the future.

System 195

System Examples Operations Data 195

Lex Sokolin

JANUARY 20, 2021

We gaze with wonder at over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation. Before we go there, however, we need some operating metrics. In lending, we’ve also got Blend, which topped up $300 million. where are the most profitable fintechs taking their economic rent?

Company 52

Company System Fintech Lending 52

Lex Sokolin

JANUARY 20, 2021

We gaze with wonder at over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation. Before we go there, however, we need some operating metrics. In lending, we’ve also got Blend, which topped up $300 million. where are the most profitable fintechs taking their economic rent?

Company 52

Company System Fintech Lending 52

PYMNTS

NOVEMBER 29, 2019

That includes insurance, which of course protects against the unexpected and unplanned events that occur while running a business. On a longer arc, I could certainly see us operating in geographies outside the United States,” Hodges told PYMNTS, noting that many tech markets are global, as are their labor pools. Scale matters.

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Policies California United States Management 191

PYMNTS

FEBRUARY 24, 2020

Radius Bank is not in the lending market, but has $1.4 billion in assets in its own operational book. That would be Goldman Sachs , of course. Card and loan balances should rise over that timeframe from $7 billion to $20 billion — a figure that, of course, includes the Apple Card.

Digital Banking 242

Digital Banking Course Online Management 242

PYMNTS

JANUARY 25, 2021

A United Arab Emirates-based FinTech recently took in $23 million in Series A funding to power its delivery of such services. Many households have seen their finances overturned during the course of the ongoing pandemic. Interest in BNPL is not limited to the U.S. Read the full story in the Tracker.

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Payments Tools Retail Cards 185

Independent Banker

AUGUST 31, 2021

A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. There are many examples of bank-fintech partnerships. You have to give people a reason to bank with you.”. Tim Reimink, Crowe LLP.

Community Bank 170

Community Bank Community Lending Leadership 170

Bank Innovation

JANUARY 25, 2018

Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. to the rise of […].

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PYMNTS

JULY 8, 2016

Amex threw its hat into the online lending ring earlier this week when it announced that it will launch a program later this year that will extend lines of credit from as little as $1K to as much as $750K for qualified SMB borrowers. Investor Confidence In Marketplace Lending. Next time, guys? SMB Working Capital. Woot, woot!

Lending 101

Lending Samsung Online Capital 101

Bank Innovation

MARCH 31, 2016

All that GUI out there might just change fintech forever. A GUI, of course, is a graphical user interface, and having one means Read More. Increasingly, developer-level applications are offering up their wares not as “only a math Ph.D can figure it out” interfaces, but with GUIs that even I can work with.

Course 150

Course Fintech Operations Online 150

PYMNTS

JUNE 17, 2016

Unfortunately, “60 Minutes,” famous for investigative journalism, missed the really big story in FinTech. A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest.

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Bitcoin Lending blockchain Fintech 100

Bussman Advisory

OCTOBER 14, 2023

Join our community of 50,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. This initiative aims to reduce operational friction in meeting margin calls, especially during market pressures.

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Fintech Community Marketing Google 52

PYMNTS

APRIL 2, 2018

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

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blockchain Lending User Experience Mobile 171

PYMNTS

OCTOBER 30, 2018

In the course of conversations with many innovators and entrepreneurs about how they ended up founding the firms the founded, we tend to hear something of a recurring theme. ” There is a reason, Sinha noted, that the FinTech startup scene in India is so incredibly crowded and competitive as 2018 is closing out its accounts.

National 122

National Fintech Mobile Lending 122

Bank Innovation

APRIL 13, 2016

Last week, we took a cursory survey of startups working to fill the under-leveraged niches of the fintech world.

Analytics 150

Analytics Survey Course Fintech 150

PYMNTS

DECEMBER 19, 2016

Of course, having a bot work with the banking industry is not entirely new. His team also includes Alexander Popov and Vladimir Kozhevnikov, who also have six years in the FinTech industry by founding Russian lending system EasyFinance. The team raised the pre-seed round through the Internet Initiatives Development Fund.

Big Data 100

Big Data Course Industry System 100

PYMNTS

NOVEMBER 22, 2018

London, of course, has for years been a nerve center for financial services in the region, which has been an integrated landscape of members spanning the European Economic Area (EEA) freely accessing each other’s markets. Those rights let FinTechs do business across EEA countries without having to register on a country-by-country basis.

Fintech 156

Fintech Regulation Course Cards 156

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. To get there, to increase awareness and interest on the part of younger consumers, CUs, of course, must look to digitize their products and services.

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