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Community Bank And FinTech Partnerships Gaining Traction

PYMNTS

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. Joint efforts from community banks are reportedly picking up steam.

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Gulf Winds’ Data Driven Approach To Member Retention

PYMNTS

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.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes. Progress Bank Taps Sensibill For Digital Receipts.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

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

Company 12
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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Digital banking company. Marketplace small business lending platform. HQ: Longwood, Florida. Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum. ——-.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. million to launch its virtual bank. Tink raised $10.2

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Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

For the 14th week in a row, fintech deals worldwide surpassed the 20-mark. Here are the fintech deals by size from 2 April to 8 April 2016: Home Link (Lianjia). P2P lending platform. HQ: Boca Raton, Florida. Tandem Bank. Digital bank. Tags: Consumer, banking, lending, mobile.