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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.

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MineralTree Expands Integrations For Remote AP Departments

PYMNTS

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. Middle-market businesses are absolutely critical to the U.S.

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Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30 Days; Singapore’s Grab Considers US IPO

PYMNTS

Grab, the Singapore-based financial technology firm, is reportedly considering a U.S. If the firm decides to go ahead, the public offering could be the biggest market debut ever made by a Southeast Asian firm on a foreign exchange. IMF Head Calls For Resources To Help Indebted Countries.

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Independent Panel To Review UK’s FinTech Sector 

PYMNTS

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015.

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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. The 2019 Canadian fintech market map. Startups headquartered in Ontario dominate the table, with over 40 fintech companies from this market map headquartered in the Greater Toronto Area.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. Finding this intersection is the key to the efficient use of sales and marketing resources. We ranked the Top 20 Deposit-Rich Industries ( HERE ).

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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. or largely focused on the domestic banking market. We have webinars , whitepapers , and other resources to make your job easier. Banking Resources.

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