CFPB Monitor

NOVEMBER 22, 2022

Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.

Fintech 78

Fintech Report Data Lending 78

Gonzobanker

FEBRUARY 23, 2022

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business. capacity for integrations to scale with growth.

Community Bank 117

Community Bank Strategy Risk Management Fintech 117

PYMNTS

FEBRUARY 15, 2019

The largest round of the week went to OakNorth , but other significant investments landed at supply chain management, corporate accounting and small business finance players, totaling more than $821 million in total VC funding. Open Financial Technologies. India’s Open Financial Technologies raised $4.6

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

JULY 2, 2020

EedenBull, which is based in Norway, Scotland and Singapore, launched its commercial card platform in May to support financial institutions’ management of their own business cards and integrated rewards programs. Global Cash Card’s Legal Saga Ends. Galileo Launches Contractor Pay Card.

Cards 208

Cards New York Capital Compliance 208

Fintech Labs Insights

AUGUST 30, 2016

Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. Data management and analytics tools to provide standardized data reviews. Lecker has over 25 years in the ABL industry in a variety of IT, finance, and operations roles. Presenters.

Financial Technology 16

Financial Technology Technology Analytics Leadership 16

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. Researchers agreed that this shows a continually high level of interest in the financial technology and innovation space among investors, despite the overall drop in VC funding.

Strategy 100

Strategy Lending Capital America 100

Insights on Business

FEBRUARY 19, 2016

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. This will help maximize the impact and value for both topline growth and bottom-line optimization.

Fintech 132

Fintech Video Lending Industry 132

PYMNTS

OCTOBER 1, 2018

“Investment advisers have an obligation to put their clients’ interests ahead of their own,” said Daniel Michael, chief of the SEC’s Complex Financial Instruments Unit, about the decision. “By By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

OCTOBER 31, 2022

We can see customers who are paying loans at other institutions, estimate loan balances and generate a shortlist by relationship manager,” says Lappetito. In addition, AI enabled Sunwest to pursue its specialty of solar lending. Stearns is still researching the expansion of AI operational functions, Bidinger says. Cloud, Minn.,

Community Bank 91

Community Bank Community Customer Experience Data 91

PYMNTS

APRIL 7, 2020

The company does not traditionally offer loan origination software for banks, but with its digital account opening capabilities already in place, the FinTech was able to wield its technology to facilitate the PPP lending process for FIs. Both categories stand to gain from automated financial technologies. ”

Fintech 166

Fintech Technology Operations Company 166

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

Insights on Business

FEBRUARY 19, 2016

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. This will help maximize the impact and value for both topline growth and bottom-line optimization.

Fintech 93

Fintech Video Lending Industry 93

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 194

Fintech Community Regional Technology 194

CFPB Monitor

AUGUST 8, 2019

The letter was conditioned on Upstart’s agreement to a model risk management and compliance plan that required it to analyze and address risks to consumers, and assess the real-world impact of alternative data and machine learning. The Bureau issued its first (and so far only) no-action letter in September 2017 to Upstart Network Inc.

Data 60

Data Lending Compliance Policies 60

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. a community bank operating and software services firm in Wilmington, N.C.

Community Bank 70

Community Bank Community Lending FDIC 70

Insights on Business

FEBRUARY 19, 2016

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. This will help maximize the impact and value for both topline growth and bottom-line optimization.

Fintech 70

Fintech Video Lending Industry 70

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. There’s nothing more Gonzo than a CEO who simply bleeds the soul of front-line relationship managers, and Brager could write a bestselling book on this topic. Acquisition of the Year: The No Time to Breathe Award. GonzoBanker of the Year: Bank.

Community 216

Community Fintech Industry Innovation 216

Insights on Business

FEBRUARY 19, 2016

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. This will help maximize the impact and value for both topline growth and bottom-line optimization.

Fintech 70

Fintech Innovation Lending Video 70

PYMNTS

FEBRUARY 16, 2017

After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? That process isn’t only a challenge, but it’s becoming unacceptable for SMEs that are looking to operate and transact as easily as consumers do, Galit added.

Payments 189

Payments Software Tools Technology 189

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. China could improve its regulatory technologies. For example, implemented in an appropriate way, Blockchain technologies could support the exchange of personal data for client onboarding incl. Wealth Management. Blockchain. Cheap Energy.

System 28

System Fintech blockchain Innovation 28

ZootBlog

NOVEMBER 11, 2015

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Everything.

Innovation 60

Innovation Fintech social media Knowledge Base 60

William Mills

MAY 11, 2016

This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added.

Video 40

Video Lending social media Analytics 40

PYMNTS

JANUARY 20, 2021

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. While every organization is different, many business leaders came to realize some common pitfalls in their legacy operations that came to light in the midst of the pandemic.

Data 314

Data Strategy System Operations 314

Independent Banker

OCTOBER 29, 2014

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. Epperson, technology consultant. Epperson, a managing director at the global business advisory firm AlixPartners LLP. Ever stand behind anyone trying to use mobile pay? Is Mobile Fully Catching On?

Mobile 105

Mobile Community Bank Community Technology 105

William Mills

MAY 11, 2016

Diana Chin (HR & Operations). CreditHQ helps businesses manage cashflow. Managing cash flow – targeted at small business in partnership with banks. ^KT. Here’s another solution for document management and origination. ^SR. ChipShield also has an integrated password management vault. Virtual reality?

Video 40

Video Mobile social media Analytics 40

PYMNTS

JANUARY 17, 2019

Goldman Sachs has been around since 1869, and may exist in the mind’s eye with pile carpeting, wood paneling and being among the more entrenched players in traditional wealth management and on Wall Street. Add to that the announcement that Capify, an alternative lending provider focused on small businesses in Australia and the U.K.,

Strategy 185

Strategy Fintech US Management 185

Tomorrow's Transactions

JANUARY 23, 2017

“The OCC will move forward with chartering financial technology companies that offer bank products and services and meet our high standards and chartering requirements,” said Comptroller of the Currency Thomas Curry. From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker.

Payments 30

Payments Regulation National New York 30

PYMNTS

OCTOBER 18, 2019

million for its technology that connects companies in the grocery, convenience, health food and artisanal market industry with a B2B eCommerce platform. Mable operates a portal for retailers to procure goods from a range of suppliers and wholesalers — to support product discovering, ordering, inventory management and financing options.

Analytics 101

Analytics Capital Fintech Technology 101

William Mills

SEPTEMBER 12, 2017

I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc. An industry leader in lending and benchmarking solutions for financial institutions. Frictionless digital lending is possible.

Samsung 69

Samsung Mobile User Experience Google 69

PYMNTS

MARCH 23, 2017

The European Commission is hoping to consult with the public concerning the growing market of financial technology as the agency looks to manage policies in the sector. Last year, the commission setup its financial technology task force in response to the effects of digital innovations changing the banking industry.

Fintech 187

Fintech Policies Innovation Financial Technology 187

PYMNTS

MARCH 22, 2018

Nucleus Software, an India-based company providing financial institutions with lending and transaction banking technologies, has integrated more features into its offering to expand its clients’ trade finance capabilities. The FinnAxia 5.0

Software 122

Software Lending Innovation blockchain 122

William Mills

MAY 9, 2018

A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Presenter Profile: How they describe themselves: AI Foundry uses AI and user-guided machine learning to transform enterprise operations by integrating information, people and processes.

Security 40

Security Samsung Strategy San Jose 40

Fintech Labs Insights

SEPTEMBER 28, 2015

Loren Felsman, managing director at J.C. “Most lenders, including those built on modern technology, may not crack these markets for years,” Felsman said. ” The company is “ramping up” operations in Brazil and Romania, as well.

New York 12

New York social media Capital Big Data 12

William Mills

SEPTEMBER 7, 2016

Data and Analytics are a profit center rather than something that just needs to be managed. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Both money management and helping consumers to save (and have access to emergency funds) is vital to our economy. No other app does that.

Mobile 40

Mobile Cards Fraud Data 40

PYMNTS

AUGUST 3, 2018

While alternative lending scored the most funding, payroll landed the largest single investment round of the week. Australia’s small business financial services market saw Judo Capital secure $104 million this week. C88 Financial Technologies. Logos Network.

Fintech 104

Fintech Capital blockchain Security 104