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FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. Citizens Bank Of Edmond. Lendsmart, Griffin Technologies. Automation Anywhere.

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Creating a Customer-Centric, Digital Financial Institution

Abrigo

Today, 73% of all consumer interactions with financial institutions are done digitally , according to the 2019 FIS Performance Against Customer Expectations (PACE) report. While many financial institutions are seeing the benefits of digitizing different areas of their bank or credit union, others are still hesitant to invest in technology.

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How Financial Institutions Focus on Customers Is Key

Abrigo

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. Direct Banking Satisfaction Study found that direct banks, or branchless banks that operate online, earned a higher satisfaction score among U.S.

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Finovate Alumni News

Fintech Labs Insights

First Oklahoma FCU to deploy core account processing technology from Fiserv. Yoyo unveils marketing automation platform, Yoyo Engage, at Davos. United Nations FCU chooses digital banking platform from Jwaala. Around the web. Misys adds crowdlending module to FusionBanking platform.

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GonzoBanker Awards 2017

Gonzobanker

THE BANKING AWARDS. GonzoBanker of the Year – The Gonzo team would like to salute the career of David Rainbolt of BancFirst in Oklahoma. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks.

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Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Labs Insights

Also, long-time alum, Alkami Technology picked up $11 million Friday to further their e-banking solutions business. Alkami Technology. Digital banking solutions. HQ: Oklahoma City, Oklahoma. French neo-bank. Secondary market for private equity. Here are the fundings by size from Sep.

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Marketplace lender and digital banking solutions provider. Guideline Technologies. HQ: Owasso, Oklahoma. Agio Technologies. Microlending in emerging markets. Source: Bank Innovations. Digital banking solutions. Source: Fortune. HQ: Shanghai, China. Total raised: $219 million.