Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

CFPB Monitor

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

Lending 60

Lending Fintech California Survey 60

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg. Ant Group had $263 billion in outstanding consumer loans as of June 2020.

Groups 141

Groups Regulation Lending Operations 141

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Lending & Credit Risk. Financial Businesses.

Community 195

Community Lending Maine Resources 195

PYMNTS

AUGUST 27, 2019

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. digital transformations reshaping CUs’ role in the financial space, and how open banking could change how CUs do business.

Data 122

Data Report Los Angeles California 122

Bank Innovation

JULY 26, 2019

Dave Girouard, CEO and founder of Upstart, testified before Congress’ Task Force on Financial Technology for its hearing on the use of alternative data in loan underwriting and credit scoring. Girouard spent eight years as the president of Google Enterprise, where he presided over Gmail and Google Docs.

Google 210

Google Financial Technology Data Technology 210

Perficient

JULY 11, 2022

According to a survey by Lending Tree , nearly 70% of BNPL users admit to spending more on purchases when BNPL is an option than they do if they have to pay for everything upfront, bringing up the average value per order and resulting in higher profits for participating merchants.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

JULY 28, 2016

The financial technology and data analytics firm has traditionally focused on the consumer finance space in its lending operations. ” A trio of Enova executives recently jointed PYMNTS in a digital discussion earlier this month about real-time data analytics and its role in improving the customer experience.

Analytics 100

Analytics Lending Data Customer Experience 100

Jack Henry

DECEMBER 28, 2018

With rapid-fire changes in how we invest, borrow and save; how financial institutions control risk; and how financial institutions (FIs) analyze data and control lending, the financial technology, or fintech, market is bringing significant disruption to the $8.5 financial services industry.

Industry 60

Industry Trends Lending Financial Technology 60

Bank Innovation

JANUARY 17, 2019

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

Regulation 150

Regulation Fintech Compliance Financial Technology 150

PYMNTS

DECEMBER 18, 2019

Lendo , a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid faster, according to a report. Lendo is a licensed FinTech sandbox that uses data points and modern underwriting techniques.

Capital 131

Capital Maine Lending Financial Technology 131

PYMNTS

AUGUST 4, 2020

Such dealings involve companies such as small business lending platform Kabbage , Ansonia Credit Data and B2B credit and payments systems provider MSTS. The complicated transaction includes commitments for a $250 million common stock private placement from investors that include Franklin Templeton and Wellington Management Company.

Fintech 159

Fintech Software Lending Financial Technology 159

PYMNTS

AUGUST 28, 2019

As the site reported, the plan states that stronger FinTech risk controls should be in place, and adds that FinTech can help improve the quality of financial services through the country. Fujitsu has noted that there has been a shortage of data specialists that can provide credit analysis in the country.

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

NOVEMBER 17, 2020

Nav's new product will offer financing profiles in which users will be able to avoid filling out forms and providing data to numerous lenders in favor of intelligent tech that will be able to identify personalized funding matches, the release stated. This demand is made far more urgent by COVID-19.

Tools 167

Tools Capital Analysis Financial Technology 167

PYMNTS

SEPTEMBER 15, 2019

Partnering with a financial technology company could enable Hong Leong to access new data sets, such as real-time information on company invoices, or individuals’ credit card records and social media posts. The FinTechs have one advantage: they lend against data,” Ang said.

social media 116

social media Fintech Millennials Lending 116

PYMNTS

OCTOBER 9, 2019

prime lending rate, which banks charge to their best credit customers, is now at almost its lowest point ever due to Federal Reserve monetary policy. Federal Reserve data shows that the gulf between delinquency rates at the 100 biggest banks and others is getting wider as well. Bloomberg is reporting that the U.S. percent and 6.34

Cards 152

Cards Kansas City Kansas Lending 152

PYMNTS

JANUARY 2, 2020

JPMorgan Chase blocked FinTech apps from accessing customers’ passwords, in order to enhance consumer privacy and protection, and increase consumer awareness of what data is being used. JPMorgan CEO Jamie Dimon voiced his fears of the risks from data sharing back in a 2016 shareholder letter.

Fintech 133

Fintech Payments Digital Banking America 133

Fintech Labs Insights

AUGUST 30, 2016

Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. Data management and analytics tools to provide standardized data reviews. The post FinovateFall Sneak Peek: Aspire Financial Technologies appeared first on Finovate.

Financial Technology 16

Financial Technology Technology Analytics Leadership 16

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. Researchers agreed that this shows a continually high level of interest in the financial technology and innovation space among investors, despite the overall drop in VC funding.

Strategy 100

Strategy Lending Capital America 100

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

CFPB Monitor

FEBRUARY 13, 2017

Big data report. In January 2016, the FTC issued a report warning that certain uses of big data consisting of consumer information may implicate various federal consumer protection laws. In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers.

Report 68

Report Big Data Lending Survey 68

PYMNTS

MAY 10, 2018

In a statement at the time, the FI’s CEO, Rana Kapoor, said the B2B payment landscape was in the midst of a “tectonic shift with the influx of new financial technologies revolutionizing the way banking services are offered to corporate and retail customers.” In October, bad loans hit $145.56

Lending 100

Lending Analytics Retail Boston 100

PYMNTS

JULY 2, 2020

As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation. Galileo Launches Contractor Pay Card. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Cards 208

Cards New York Capital Compliance 208

South State Correspondent

SEPTEMBER 20, 2023

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

Management 195

Management Survey Industry Community Bank 195

CFPB Monitor

JULY 17, 2019

Together, the team provides comprehensive counsel to the Fintech industry—helping clients of all sizes and sophistication with the development, commercialization, and maintenance of technology-driven financial products and services, including all types of lending programs, mobile applications, and payment products and systems.

Fintech 60

Fintech United States cryptocurrency Groups 60

Jack Henry

SEPTEMBER 6, 2019

As we move further into the economic cycle and a period of slower growth, it will become necessary for financial institutions to more closely monitor the condition of their business clients as well as their primary sources of repayment.

Big Data 60

Big Data Analysis Financial Technology Data 60

Insights on Business

DECEMBER 27, 2017

On the back end, banks are processing structured and unstructured data and turning that into actionable intelligence for customer acquisition and retention, while using the same data for modernized fraud prevention and detection. However, with convenience still there is risk involved. Banking the unbanked in India”.

Fintech 129

Fintech blockchain Fraud United States 129

PYMNTS

APRIL 7, 2020

The company does not traditionally offer loan origination software for banks, but with its digital account opening capabilities already in place, the FinTech was able to wield its technology to facilitate the PPP lending process for FIs. Both categories stand to gain from automated financial technologies.

Fintech 166

Fintech Technology Operations Company 166

FICO

SEPTEMBER 30, 2022

Cortnie Abercrombie is a world recognized expert in AI and data analytics and has been named in media articles as one of “12 Brilliant Women in Artificial Intelligence & Ethics to Watch,” one of the “Top 100 Innovators in Data and Analytics,” and one of “10 Big Data Experts to Know.”

Meeting 52

Meeting Analytics Management Strategy 52

PYMNTS

FEBRUARY 15, 2019

Open Financial Technologies. India’s Open Financial Technologies raised $4.6 Furthermore, Open Financial operates its own application programming interfaces (APIs) to integrate banking data into these workflows, reports noted. Chainalysis also plans to open an office in the U.K

Capital 122

Capital cryptocurrency Operations Financial Technology 122

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. department steeped in running a data center, network operations, and end-user support.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Insights on Business

FEBRUARY 19, 2016

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. What can banks learn from the FinTechs?

Fintech 132

Fintech Video Lending Industry 132

PYMNTS

MAY 28, 2018

“These moves by financial institutions and FinTechs just [shows] how globally the imagined natural differences between traditional financial institutions and creative, disruptive FinTechs continue to shift from competition to collaboration,” the Wharton report said. Late last year, Joseph Otting, the U.S.

Fintech 100

Fintech Examples Pennsylvania Lending 100

William Mills

SEPTEMBER 25, 2018

There are behavioral cues buried deep in the transactional data. Takes a picture of documents and can get 99% accuracy in the data. Once run the OCR, it will clean up the minor issues and the data is very clean. SME Lending for the Indian marketplace. Some data gets categorized via the tool. 09:15 am MuniRisk.

Mobile 77

Mobile Customer Experience Lending Analytics 77

PYMNTS

MAY 28, 2019

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. It also shows that the financial toll is substantial and a victim can be anyone who uses a connected device.”

Apple 159

Apple Mobile Fraud Branding 159

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. or (2) leverage technology to provide lending products directly to end-users.

Fintech 93

Fintech Marketing US Technology 93

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. With our industry shifting to digital first delivery and a need to better automate processes and leverage strong data intelligence, most banks have not invested enough nor sufficiently developed the I.T.

Technology 145

Technology Regional Community Bank Community 145