Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. Digital account opening. Fraud and risk management.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

OCTOBER 7, 2020

To smooth cash flow headwinds, small- to medium-sized businesses ( SMBs ) can benefit from access to financing through digital -only channels. To that end, Banking-as-a-Service (BaaS) company RootAnt , based in Singapore , is aiming to strengthen enterprises and ecosystems through open banking technologies.

Risk Management 238

Risk Management blockchain Capital Data 238

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Gonzobanker

JULY 8, 2022

A strategic mindset and an updated slate of skills will best position CIOs as successful technology leaders. While experience is a critical ingredient for the top technology role, it’s important to recognize that decades of experience translate to a leader who grew up in the “tactical” era of technology. 2: Talent Shortage.

Resources 139

Resources Leadership Technology Management 139

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . New technology is not a silver bullet. One of the most integral pieces to the success of new technology is garnering buy-in across the institution.

Fintech 195

Fintech How To Innovation System 195

PYMNTS

DECEMBER 17, 2019

Banco Original Director of Technology Raul Moreira said, according to the report, “Few have a convincing reply to the question of how they’re going to make the business profitable.”. The rise in payment accounts from nonbanks challenges online banks to learn risk management from the beginning.

Risk Management 132

Risk Management Online Groups Digital Banking 132

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. The winners in BaaS will be outstanding risk managers – not risk eliminators.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

CFPB Monitor

AUGUST 12, 2021

The Guidance is intended to provide financial institutions with examples of effective risk management principles and practices for access and authentication. However, the Guidance is applicable not only to financial institutions, but also applies to any third party service provider acting on a financial institution’s behalf.

Risk Management 78

Risk Management Examples Security System 78

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. It is only by investing in technology that we can identify and fight the financial crimes of the future [to] remain competitive.

Compliance 123

Compliance Fraud Study Digital Banking 123

CFPB Monitor

APRIL 25, 2022

The OCC’s actions send a clear message that regulated entities offering emerging technology financial services must adhere to the same BSA/AML monitoring and reporting requirements as more traditionally regulated entities. In January 2021, the OCC granted Anchorage conditional approval for a national trust bank charter.

Compliance 78

Compliance Digital Banking Training South Dakota 78

PYMNTS

JUNE 27, 2018

Industries of all shapes and sizes are looking to use the insights and capabilities offered by the emerging and evolving technology, and it’s now making an impact in the financial services space, too. That’s for good reason, too, according to Chris Ward, executive vice president and head of product management for PNC Treasury Management.

Digital Banking 148

Digital Banking Technology Management Risk Management 148

PYMNTS

NOVEMBER 20, 2019

As more merchants turn on near-field communication (NFC) technology and begin accepting contactless payments, it’s anticipated that more consumers will participate. billion transactions annually offering payment processing, risk management, digital banking and more.

Cards 117

Cards Risk Management Study Payments 117

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

PYMNTS

OCTOBER 5, 2020

billion) to acquire Ingenico Group , the Paris-based technology provider of secure electronic transactions to create a FinTech dynamo. Under the agreement, Nexi's partner banks will be able to offer their clients the full suite of Ebury services, including international cash management, FX risk management and import/export lending.

Company 151

Company San Francisco Payments Fintech 151

PYMNTS

NOVEMBER 4, 2019

The company will leverage Lean Industries’ AdjustmentHub and NetworkHub solutions to manage dispute services. “As If not handled properly, disputed payments can present reputational risks for credit unions and negatively impact member experience. PSCU supports 1,500 credit unions representing more than 3.8

Industry 101

Industry Management United States Risk Management 101

Chris Skinner

APRIL 18, 2017

The banker took exception to purely being a store of value, and felt that the risk management aspect of banking was a critical part of their function. I argued that the bank’s risk management function is being eaten by software.

Risk Management 321

Risk Management Analytics Lending Software 321

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Three winning core strategies to accommodate any financial institution’s budget, business case, and future vision.

Strategy 156

Strategy System Risk Management Technology 156

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

Celent Banking

OCTOBER 12, 2016

Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns. Establish a long-term commitment to drive a top-down, risk-based approach to cybersecurity.

Risk Management 100

Risk Management Operations Management Security 100

South State Correspondent

OCTOBER 26, 2023

The catalyst was likely a panel led by the CEO of Taktile (AI Underwriting), a Partner from Bain Capital, a partner for Andreessen Horowitz, the chief data scientist from Branch International (digital banking fintech for India and Africa), and a tech correspondent for CNBC.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

DECEMBER 12, 2019

To leapfrog slow legacy systems and overloaded information technology (IT) departments, financial institutions (FIs) and FinTechs are innovating with application programming interfaces (APIs) that move B2B funds faster.

Risk Management 132

Risk Management Fintech Payments Course 132

Celent Banking

APRIL 18, 2016

In addition, the program includes keynote speeches from industry leaders and Celent analysts, plenty of opportunities to network with peers, and even to experience some of the latest technologies first hand, courtesy of our sponsors. Celent Model Bank 2016 winners are: Model Bank 2016 Categories. Digital Banking Transformation.

US 100

US Case Study Risk Management America 100

Gonzobanker

DECEMBER 22, 2020

During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking. Jill is continually demonstrating just how loud a $300 million community bank can roar! John Beale , longtime CIO of City National Bank.

Idaho 172

Idaho Community Industry Strategy 172

Bobsguide

AUGUST 7, 2022

It enables banks to trade high volumes of treasury and complex derivatives and options through an open platform which, via open APIs and datasets, unlocks the power of collaboration and innovation. The Co-operative Bank also uses Fusion Risk for treasury credit risk management and Finastra’s banking technology for payments services. “By

Operations 68

Operations Strategy Innovation Policies 68

Gonzobanker

AUGUST 6, 2014

Leveraging information and content, the digital bank would handle dormant accounts as such: COLLABORATION & ENGAGEMENT – The customer and teller jointly authorize the dormant account release. This is the way a digital business will use technology. Time for a digital tune-up? Croal Dude. Don’t get left behind.

Risk Management 96

Risk Management eBook Management Technology 96

American Banker

JULY 11, 2016

Banks frequently blame "the rules" in shunning partnerships with fintech startups. However, compliance can be a positive force, not something that inhibits growth.

Risk Management 28

Risk Management Innovation Management Compliance 28

Insights on Business

NOVEMBER 29, 2018

Now, more than ever, banks must be smarter and faster. Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Financial services companies can look to three main areas to improve efficiency: people, process and technology.

Operations 138

Operations Innovation Management Risk Management 138

Celent Banking

SEPTEMBER 3, 2015

I am delighted to announce that we now accept nominations for Model Bank 2016. Most regular readers of our blog will be familiar with the Model Bank programme – it recognizes effective use of technology in banking and is now in its ninth year. This year we accept nominations in seven categories: Omnichannel Banking.

New York 100

New York Risk Management Maine Fraud 100

Bobsguide

FEBRUARY 22, 2022

The bank was looking for a modern, digital banking solution that would help it transform customer engagement through the delivery of contextual experiences. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

Innovation 78

Innovation Customer Experience Strategy Operations 78

PYMNTS

MAY 4, 2018

With the funds, the company said it will focus on technology development, new hires and overall expansion as it turns its attention to large corporate customers. ’s Intelligence Fusion, also known as IF, also operates in the risk management space. SMB Banking. million Series B funding , reports this week said.

Capital 100

Capital Maryland National Security 100

PYMNTS

MAY 24, 2018

FinTech linkups continue, where banks and smaller firms are helping their larger, usually traditional financial brethren navigate digital payments and technological challenges. In India, Infosys said that it has formed a blockchain with seven banks, to be known as India Trade Connect. The examples span the globe.

blockchain 100

blockchain Risk Management Taxes Payments 100

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. From behavioral biometrics to new selfie technology, financial institutions are being presented with even more ways to distribute their services across digital channels to meet customers where they want to interact.

Innovation 100

Innovation Mobile Digital Banking Technology 100

PYMNTS

SEPTEMBER 27, 2019

BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149

Payments Capital Taxes Lending 149

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Brandon Dewitt, MX co-founder and chief technology officer. The banking industry lost a giant in November when Brandon died after a five-year battle with cancer.

Fintech 143

Fintech Strategy Leadership Lending 143

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Accounting and expense management. Digital banking and financial infrastructure. Navigating the Canadian fintech market map. All companies on this market map are fintech companies.

Fintech 93

Fintech Marketing US Technology 93

Gonzobanker

MARCH 25, 2020

Here are examples of where normal will be redefined: Digital Banking. Most of the customer correspondence we’re seeing from financial institutions emphasizes that although branches are partially or completely closed, customers can do most of what they need digitally or via drive-up ATMs or tellers. Digital Lending.

San Francisco 125

San Francisco Phoenix Meeting Training 125

Gonzobanker

JANUARY 4, 2023

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. digital banking).

Technology 78

Technology System Software Groups 78