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State And Local Governments Wrestle With Faster Payments

PYMNTS

A crowd of FinTechs and challenger banks entering the disbursements space isn’t accelerating adoption to the extent needed, because it’s hard to differentiate them. The Oregon Department of Revenue favors ACH but still mails a ton of checks for its disbursements. Ironically, it’s the paradox of choice that may be slowing things down.

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Retail banking trends to look out for in 2023

Independent Banker

billion-asset One Community Bank (OCB) in Oregon, Wis. Both One Community Bank (OCB) in Oregon, Wis., We are continuing to explore relationships with fintechs, especially as it relates to fraud prevention and providing more value to our customers,” says chief deposit officer Dan Hancock. One such bank is $1.7

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AltFin Proves Its Staying Power With Asian Investors

PYMNTS

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. B2B Payments. Previse , based in the U.K.,

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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

The latest news from the country comes from its government: Chief FinTech Officer of the Monetary Authority of Singapore, Sopnendu Mohanty, said the central bank is about two years out from being able to assess the impact of its current blockchain project, Ubin. On the federal level, the U.S.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 HQ: Portland, Oregon. Fraud detection.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. HQ: Portland, Oregon.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. Here are the fintech deals by size from 12 March to 18 March 2016: Future Finance. HQ: Portland, Oregon. Ghaio Fintech. Fraud solutions based on email addresses. Alt-lender to students. Source: Crunchbase. CrowdStreet.

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