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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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These Are Your Most Profitable Cash Management Clients

South State Correspondent

The treasury or cash management customer is usually a bank’s most profitable customer on a risk-adjusted basis ( HERE ). In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. Cash flow stability is also a factor in cash management profitability.

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5 Steps to Better Treasury Management

South State Correspondent

If one product is the future of banking, it is treasury management. In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. It starts by targeting the right customers.

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How Higher Education Finds The Flexibility To Manage Cash Flow

PYMNTS

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)? An Interconnected Ecosystem.

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Flywire CEO: How Higher Ed Must Find The Flexibility To Manage Cash Flow

PYMNTS

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)? An Interconnected Ecosystem.

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Bankers: What Problem Are You Trying to Solve?

Jeff For Banks

Industry pundits in the know about everything financial technology and financial technology firms will soon be clinking martini glasses saluting each other and telling stories about their profitability and number of bank installs they have under their belt. It is a veritable "who" of financial technology firms.

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New Greenlight Financial Round Pushes Valuation Past $1.2B

PYMNTS

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. Greenlight’s purpose-based mission of bringing financial literacy to families is massively impactful.” 24) it raised $215 million in Series C venture funding.

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