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FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. We have webinars , whitepapers , and other resources to make your job easier. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry.

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What SMBs’ Cash-Flow Crisis Means For Fintech

CB Insights

GET THE 102-PAGE State of fintech REPORT. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups). What a cash flow crisis means for fintech companies. LENDING MARKETPLACES CAN SHOWcase THEIR UTILITY. worth of loan applications.

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Canadian Fintech Market Map

CB Insights

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. HR, payroll, and benefits.

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The BaaS Gold Rush is On

Gonzobanker

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. Fintechs in need of charters are prompting new banks to enter BaaS seeking a “white whale.”

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Sounds like a cool strategy to build a smarter bank.

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Report: Data Key To Credit Union Member Retention

PYMNTS

One of the largest factors that sets credit unions (CUs) apart from large banks and FinTech providers is their emphasis on member relations. Financial technology continues to grow more sophisticated, but many of these innovations are solely for the large banks and FinTechs that can afford them. About the Tracker.

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