PYMNTS

JULY 15, 2020

In regards to the company’s recent filing for a national bank charter, Noto said, “Being a national bank would really be critical strategically. In April, SoFi said it had come to a definitive arrangement to purchase Galileo Financial Technologies.

Samsung 162

Samsung National Millennials ATM 162

CFPB Monitor

DECEMBER 22, 2020

Accordingly, the definition of a “brokered deposit” turns on the definition of a “deposit broker.”. Section 29 contains nine exceptions to the definition of “deposit broker” and a tenth was added by FDIC regulation. Key items in the final rule include: “Deposit broker” definition.

FDIC 78

FDIC Capital National Regulation 78

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. As banks focus on speed to market, they must become more discerning about how different solutions impact the pace of delivery. Tech companies trying to support a bank stack have no easy task.

Technology 126

Technology Regional Community Bank Community 126

South State Correspondent

AUGUST 22, 2023

Part of this ROE value is driven by an average beta of 9 for a TM customer compared to an average beta of 50-60 for a money market or other interest-bearing deposit account. If they do market, it is to every commercial customer in the footprint, which often results in suboptimal marketing results.

Management 195

Management Community Bank Survey Community 195

CB Insights

OCTOBER 31, 2019

From crawling financial documents to simplifying how users manage their money, chatbots are creating more efficient financial technology on both the back- and front-end. Approximately 1 in 5 Americans (nearly 47M people) lives with some form of mental illness, according to the National Institute of Mental Health.

Industry 78

Industry Examples Tools Retail 78