Remove Customer Experience Remove Financial Technology Remove Lending Remove Presentation
article thumbnail

FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. The deadline to submit comments in response to the RFI is October 16, 2022.

article thumbnail

Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout. BNPL companies make their money by charging the merchants they partner with a fee ranging from two to eight percent of every purchase completed through their service.

Fintech 474
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FinovateSpring 2016 Live Blog – Day 2

William Mills

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. The other presenter used the SAME username and password and it failed? Peer lending meets machine learning, with LendingRobot. Peer lending solution that’s growing fast.

Video 40
article thumbnail

FinovateSpring 2016 Live Blog – Day 2

William Mills

11:37 am William Mills, CEO of William Mills Agency, and Stephen Ramirez, CEO of Beyond the Arc, discuss major trends presented at this year’s Finovate and highlight key companies such as Malauzai Software, PayActiv and many more! Presenting a programmable cloud – a fintech platform. ^KT. BLEND stands for better lending.

Video 40
article thumbnail

Finovate Fall 2016 Live Blog – Day 2

William Mills

They are showing how Chang might read about potentially investing in SnapChat (multilingual presentation). Addresses compliance, fraud experience and customer experience analytics. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions.

article thumbnail

5 ways AI can improve customer service

Independent Banker

First, with AI’s ability to mimic human intelligence, community banks can quickly process huge amounts of data to ease customer friction. Then, by monitoring AI as it works, banks can see where their customersexperience can improve. Here are common issues customers experience that AI could improve. “My

article thumbnail

Finovate Spring 2018 – Day 2

William Mills

Presenters: Colby Ross. Again another financial wellness platform using machine learning technology. Presenter Profile: How they describe themselves: Project Finance was founded on the belief that good spending and saving behavior starts with being confident in your ability to meet future obligations. Key Executives.