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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

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Perficient to Present at Fintech Generations 2021

Perficient

Perficient is excited to announce that Fintech Generations 2021 , a global fintech thought leadership event that takes place June 7-11, will feature Scott Albahary, chief strategist, financial services. Hans Zandhuis, Head of Ally Lending, Ally. To register for the event, click here. Maia Bittner, Voice of the Member, Chime.

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OneConnect Wields Government Data For SMB Lending

PYMNTS

Chinese firm OneConnect , a blockchain-based small business (SMB) lending platform owned by insurance giant Ping An, has launched a new portal to facilitate SMB lending in the Guangdong province, the company announced on Monday (Jan.

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Today In Payments: Proposal Would Allow SMBs To Get Another PPP Loan; Alibaba, JD.com Net $136B In Annual Shopping Event

PYMNTS

In today’s top news, Congress is considering passing another round of PPP loans for certain small and medium-sized businesses (SMBs), and Alibaba and JD.com recorded record sales figures in their annual 618 shopping event. Alibaba, JD.com Net $136B In China’s Biggest Annual Shopping Event. The 18-day event delivered $136.5

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SBA Promotes Credit Union SMB Lending

PYMNTS

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

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Six Keys to Meaningful Evaluation of New Financial Technology

Jack Henry

The events of the last 18 months have reinforced the need for banks and credit unions to evaluate their digital delivery channels and to invest in technologies that will help them move forward. And, that was before the pandemic drove institutions to accommodate remote servicing demands in 2020 and 2021.