Ripple Expects MoneyTap to Follow Alipay’s Example

Bank Innovation

EXCLUSIVE— Ripple expects the banks integrated into its new Japanese MoneyTap app will create new businesses and features on the platform, similar to the way companies are doing on China’s most popular mobile payment service, Alipay.

Example: A Rewards Program For Your Bank

Banker to Banker

We are here at the ICBA Annual Conference in New Orleans and we have a variety of topics we are trying to research.

Making a Difference with FinTech – Three Examples

Let's Talk Payments

There is enough said about the scale of the FinTech industry, its inclusive agenda and massive surrounding ecosystem, but the real value of this industry is not in millions that.

An Example of Loan Value: Construction through Perm – SBA 504

Banker to Banker

The most common question we received is to give finite examples of how to create a unique product in the marketplace to garner above average pricing Yesterdays’ article on branding loans generated many comments.

UK Setting The Wrong Example In eProcurement, Says Think Tank

PYMNTS

Government eProcurement and digital invoice mandates set an example for an economy overall, helping private businesses understand the process of and benefits to implementing digital procurement, payment and accounting procedures.

What Is Money Laundering (Explained) – Examples, Schemes & Regulations

Money Crashers

Among other felony charges, the Special Counsel’s office alleged that Manafort… What Is Money Laundering (Explained) – Examples, Schemes & Regulations is a post from Money Crashers. Paul Manafort, former campaign manager for U.S.

ADA, assistive technology and the leading example of ATMs

ATM Marketplace

In part 3 of our series: Assistive technology for the disabled has become more sophisticated and pervasive in recent years, giving kiosk manufacturers and deployers the ability to better serve an important customer base — and meet ADA requirements

Killer Apps Explained – History, Examples, Impacts & Future Applications

Money Crashers

Judith Donath, a fellow at Harvard University’s Berkman Center for Internet… Killer Apps Explained – History, Examples, Impacts & Future Applications is a post from Money Crashers. Can you imagine a future where computers monitor humans from birth, predict sickness, and help us heal faster? Or a time when chronically ill or elderly persons can live at home and be monitored by instruments that a home nurse or caregiver can use?

Data Is Driving Innovation In Financial Services [With 2 Examples]

Perficient Financial Servies

For example, when it comes to underwriting, Mike Cagney, CEO, chairman and co-founder of SoFi, an organization that offers lending, wealth management, and insurance products, said the company can perform comprehensive underwriting assessments with just five pieces of data: your name, your address, your date of birth, the school you attended, and the amount of money you earn. The post Data Is Driving Innovation In Financial Services [With 2 Examples] appeared first on Financial Services.

Using Multi-State Objects in Captivate – an Example

BankThink

Here is an example for using States and Advanced Actions to “animate” an object. The setup was quite simple: 1. Import a sequence of bitmaps. Create custom states and add the images. Create some navigational elements.

The Role of Social Media in Extending Financial Opportunities – FinTech Examples

Let's Talk Payments

Facebook alone gathers 98 personal data points for targeted ads The number of worldwide social media users reached 2.34 billion, and is expected to grow to ~2.95 billion by 2020. Insights Social Media Asia Credit Sudhaar DemystData Europe FriendlyScore Happy Mango insights Kabbage Kreditech Lenddo LendUp Neo TrustingSocial US ZestFinance

Using Data & Tech For Regulatory And Compliance Initiatives [With Examples]

Perficient Financial Servies

From these very examples and our active work in the industry, we highlight several trends that we expect to continue to transpire in 2018. The data that SoFi leverages enables the company to be quick and efficient – two things that people value in companies. However, the data and technology that make SoFi successful also addresses some of the regulatory concerns by essentially forcing it to be blind to applications.

How to Improve Emotional Intelligence – Theory, Training & Examples

Money Crashers

The ability to understand and control your emotions is called emotional… How to Improve Emotional Intelligence – Theory, Training & Examples is a post from Money Crashers. Do you wish you knew how to control your emotions and stay calm in stressful situations? Would you like to learn how to control your feelings of anger and frustration so you didn’t snap at friends and colleagues when things don’t go your way?

How to Develop & Improve Your Emotional Intelligence – Skills & Examples

Money Crashers

The ability to understand and control your emotions is called emotional… How to Develop & Improve Your Emotional Intelligence – Skills & Examples is a post from Money Crashers. Do you wish you knew how to control your emotions and stay calm in stressful situations? Would you like to learn how to control your feelings of anger and frustration so you didn’t snap at friends and colleagues when things don’t go your way?

The Example of Leadership for the NCUA Board.

Jim Blaine

Leadership at heart is little more than a matter of individual courage. But courage is no small matter, is it! It forces us to choose between conscience over convenience, principle over popularity, action over apathy. Those type of decisions most of us would prefer to "put off" until. [

The Best Example Of Regulatory Overkill

New York's State of Mind

Today’s blog is for two groups of readers: First it is for those of you visiting Dysfunction Junction(AKA Washington DC) and thinking of how best to articulate to your elected representatives the negative consequences of the regulatory frenzy that the CFPB, aided by some of the very lawmakers you will be meeting with, has unleashed […]. Advocacy Compliance Regulatory HMDA Regulation C

100+ Examples Of Digital Transformation In Financial Services

Perficient Financial Servies

Download our new guide to see over 100 real-life examples of digital transformation in financial services. 100+ Examples Of Digital Transformation In Financial Services was first posted on January 4, 2017 at 6:45 am. Similar to the way digital transformation means different things to different people, there are myriad types of projects and initiatives that.

Set a leadership example through humility

CU Insight

In fact, it sets a bad example for future leaders who think that they must put themselves down in front of others in order to be gain the respect of others. The post Set a leadership example through humility appeared first on CUInsight.

Word of Mouth Marketing Strategy & Examples – Promoting Your Business for Less

Money Crashers

Two-thirds – 67% –… Word of Mouth Marketing Strategy & Examples – Promoting Your Business for Less is a post from Money Crashers. When was the last time you sought out a trusted associate for advice about an important buying decision? If you’re like most Americans, it probably hasn’t been that long. According to a Nielsen Harris Poll Online study, 82% of Americans seek recommendations from friends and family members before making a purchase.

What Is Smart Growth – Urban Planning Principles, Benefits & Examples

Money Crashers

Plan A involves expanding the town outward… What Is Smart Growth – Urban Planning Principles, Benefits & Examples is a post from the Money Crashers personal finance blog. Imagine that you live in a small town that’s experiencing a sudden population boom. Very soon, the town is going to have to add more housing and retail space. The town council has received several proposals from builders for this new development, and it’s trying to decide between two plans.

Real news! 4 examples why banks are not better than credit unions

CU Insight

So let’s look at four examples of why banks are not better than credit unions, even though Americans generally believe they are. 4 examples why banks are not better than credit unions appeared first on CUInsight. Do you believe Facebook and Google are media companies?

Retirement planning: Credit unions can lead by example

CU Insight

The post Retirement planning: Credit unions can lead by example appeared first on CUInsight. “You need to save for retirement.”. How many times have you heard that, or said that or read that?

International examples of supplemental capital

CU Insight

What examples exist of supplemental capital for credit unions or other cooperative financial institutions in other countries? For example, in a conversion, the supplemental capital holders could receive $3 in CET1 for every $10 held in supplemental capital prior to the trigger event. After the 2008 global financial crisis, international agreements, such as Basel III, standardized capital requirements for any institution taking public deposits.

Credit union mobile banking: Leading edge or the latest example of marketing myopia?

CU Insight

The starkest example of modern-day mobile myopia may be that most credit unions don’t yet have a good P2P solution embedded in their mobile app, at least not one that is widely recognized or already used by members.

133 lawmakers ask NCUA, CFPB for examples of tailored regs

CU Insight

A bipartisan group of 133 House members asked heads of NCUA, CFPB and other agencies to give examples of what they have done to tailor their rules to the business model and risk of institutions they regulate in a NAFCU-supported letter sent Monday.

One more example of how the big banks threaten the economy

New York's State of Mind

Before the mortgage meltdown I was a proud free market extremist who would patiently explain to a misguided dinner guest how the Free-Market was a better regulator of businesses and the financial system than government ever could be. Then I watched as the Captains of Capitalism were bailed just out as the Free Market was about […]. General Comodities too big to fail

The season of giving back: 5 credit union examples to celebrate

CU Insight

Here are just a few examples of the stories we get to hear from our members: California Coast Credit Union of San Diego, Calif., There are countless examples of credit unions choosing to make time to give back to their communities. It’s a busy time of year. Budget numbers to finalize.

CUNA seeks real-life reg. burden examples for Senate Banking Committee

CU Insight

CUNA is launching a new tool today to help credit unions collect real-life examples of how the growing regulatory burden results in reduced service for members or increased costs to credit unions–a request made last week by the Senate Banking Committee. asked credit unions and community banks to submit concrete examples of how regulations negatively affect service to consumers.

One more example of how the big banks threaten the economy

CU Insight

The latest example that we increasingly have a financial system that Vladimir Putin would be proud of comes courtesy of a 396 page report released yesterday by the Senate’s Permanent Subcommittee On Investigations. by: Henry Meier. Before the mortgage meltdown I was a proud free market extremist who would patiently explain to a misguided dinner guest how the Free-Market was a better regulator of businesses and the financial system than government ever could be.

Your legacy, and the changing of the credit union guard

Your Credit Union Partner

Over the years, I’ve been blessed to work with some remarkable credit union people, amazing people who helped me and set a great example for me to follow. From my perspective, here are a few examples of the types of accomplishments worthy of a legacy: Inspired and developed people. Did your example inspire others to develop, grow, and become better people? I can’t imagine where I’d be without their leadership and examples. Your Credit Union Partner.

Who Needs You Today?

Your Credit Union Partner

Examples of what they measure and track include credit migration scores to see how borrowers who had less than prime credit at the time of the loan have improved their overall credit score over time; the number of jobs created (through new micro-business lending); first-time account holders (previously unbanked); the number of first-time homeowners; and the number of consumers they helped achieve citizenship. Your Credit Union Partner. Click here to edit subtitle. Our Team.

Who Needs You Today?

Your Credit Union Partner

Examples of what they measure and track include credit migration scores to see how borrowers who had less than prime credit at the time of the loan have improved their overall credit score over time; the number of jobs created (through new micro-business lending); first-time account holders (previously unbanked); the number of first-time homeowners; and the number of consumers they helped achieve citizenship. Your Credit Union Partner. Click here to edit subtitle. Our Team.

Movement vs. Industry - How do you define the credit union space?

Your Credit Union Partner

Both descriptions are technically accurate for credit unions, and both examples positively transformed society’s quality of life. Here are a few examples of why I believe movement more accurately defines the credit union space as a whole. Hint: these might be good examples to share during your capitol hill visits. Collectively, these four examples reach tens of thousands of consumers annually who are usually overlooked by the financial “industry.”

5 Things Small Credit Unions Need

Your Credit Union Partner

An easy example is the required compliance audits for BSA/OFAC/ACH and the Safe Act. Two great examples that inspire me are BECU and SECU. These leaders humbly serve, and are the best example of credit-union collaboration. For example, my small credit union clients could teach a thing or two on how to access and leverage secondary capital. Your Credit Union Partner. Click here to edit subtitle. About. Our Team. Strategic Planning. Community Development. Speaking.

When a loan is more than a loan

Your Credit Union Partner

Here is an example of how one grant awardee answered this critical question: The financial products and services the CU provides are designed to improve the lives of its low-income target market and generate earnings to sustain its not-for-profit financial cooperative. For example, the used-auto loan product has a rate of 15 percent, compared to the average rate of 30 percent offered at the “buy here, pay here” vehicle lots. Your Credit Union Partner.

Change the Complexion of Your Board

Your Credit Union Partner

For example, despite being the most educated generation ever, why are nearly half comfortable with alternative financial services such as check-cashing and payday loans? For example, any decision to serve a new ethnic group should be strategic and long-term, which will make it easier to recruit volunteer nominees. Your Credit Union Partner. Click here to edit subtitle. Our Team. Scott Butterfield. Alison Carr. Sarah Marshall. Alejandra Saluja. Luis Caballero. Consulting Services.

Change the Complexion of Your Board

Your Credit Union Partner

For example, despite being the most educated generation ever, why are nearly half comfortable with alternative financial services such as check-cashing and payday loans? For example, any decision to serve a new ethnic group should be strategic and long-term, which will make it easier to recruit volunteer nominees. Your Credit Union Partner. Click here to edit subtitle. Our Team. Strategic Planning. Community Development. Speaking. Thought Leadership. Testimonials. References.

Credit Unions - The Original Social Justice

Your Credit Union Partner

LVCU and their fellow Juntos Avanzamos program partners and certified credit unions are great examples of financial inclusion and social justice in action. Here are three examples of how LVCU’s products and development services impact its members and community: Reliable Rides to Work - Transportation, job access, and income go hand-in-hand. LVCU is a great example of a credit union that has demonstrated financial strength through a philosophy of inclusion.

A toxic opinion

Your Credit Union Partner

For example, I have close friends who believe the CFPB is a godsend, and other who are so against the Bureau, it might as well be the anti-Christ. I’m not a perfect example and have on more than one occasion lost my patience and been baited into an argument (or post). I hope that as credit union leaders, we can rise above this age of divisiveness and set examples of respectful dialogue and actions that will strengthen our friendships and, most importantly, our movement.

Board members behaving badly

Your Credit Union Partner

Obviously I’m making this comparison to board members for shock value, but some of the examples below of poor board behavior is worthy of sharing in hopes of educating and encouraging change (especially if that change is the removal of the worst offenders). Here are a couple of examples of board members behaving badly: • Lack of commitment – These boards and board members do the bare minimum. Your Credit Union Partner. Click here to edit subtitle. About. Our Team.