Bank Innovation
MARCH 9, 2017
Community banks can also play the fintech game. BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. — was acquired by Flagship, a Florida-based community bank, for $175 million. “We We are no longer a partner or a division of […].
PYMNTS
MAY 31, 2018
Community banking may get a boost from technology, if recent activity is any indication. In Florida, reported American Banker – in the community banking realm – Seacoast Banking has paired with SmartBiz Loans to shorten the loan approvals process. They bank all these small businesses.
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PYMNTS
DECEMBER 23, 2019
However, it is a quickly changing industry, thanks to digital banking. Its omnipresence is altering how members want to interact with their CUs, though regulatory and compliance issues often mean that members cannot reasonably expect the same lightning-fast interactions they might get from banks and FinTech firms.
PYMNTS
DECEMBER 28, 2020
Petersburg, Florida-based CUSO said its Enhanced Fraud Services initiative has already helped 10 credit unions combat fraud, including chargebacks stemming from instances of members’ payment card details being stolen and sold on the dark web. Credit unions have stepped up to reinforce their digital operations during the pandemic.
American Banker
NOVEMBER 23, 2021
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PYMNTS
NOVEMBER 17, 2020
Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. In a statement , HSBC Bank USA Head of Retail Business Banking Shaun McDougall said fueling the SMB community is important to support the broader U.S.
Fintech Labs Insights
JUNE 6, 2016
London beat that this week with 5, followed by 3 in NYC, and 2 each from Chicago, Florida and Germany. Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). HQ: Daytona Beach, Florida. Digital bank. HQ: Orlando, Florida. Total dollars raised YTD is now $14.7 billion, more than twice the $6.7
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