CFPB Monitor

AUGUST 1, 2022

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.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

Gonzobanker

FEBRUARY 23, 2022

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. While customer relationships are being redefined by fintechs, there will always be a place for community banking.

Community Bank 117

Community Bank Strategy Risk Management Fintech 117

PYMNTS

SEPTEMBER 15, 2017

The favored narrative about banks and FinTech startups is generally not a love story. Whereas FinTechs are undoubtedly newer and faster – risen from the digital age to put banks out of business – they aren’t always able to take deposits or keep some of those associated warranties. Usually, it is more of an all-out war story.

Fintech 198

Fintech System Lending Cards 198

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry.

Community 195

Community Lending Maine Resources 195

Abrigo

APRIL 22, 2024

Online fintech lenders and merchant cash advance providers are also making up ground. The CFPB estimates 2019 small business financing was as much as $19 billion by merchant cash advance providers and about $25 billion by online fintech lenders. They’d rather invest that time in growing their revenues and profits. economic ecosystem.

Lending 244

Lending St. Louis Community Marketing 244

Gonzobanker

NOVEMBER 2, 2023

Trying to manage this fast-paced environment with annual plans, static operating budgets and gatekeeping project management offices is proving too slow and clunky for an industry that has innovators delivering new apps at 10x the pace of traditional banks. Once they run buzzwords and innovations through management’s “B.S.

Leadership 154

Leadership Industry Management Resources 154

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. Some risks occur slowly; others strike quickly and hard. Optimizing Risk. Putting Velocity of Risk into Action.

Risk Management 195

Risk Management Examples social media Management 195

Gonzobanker

DECEMBER 14, 2023

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. That’s enough to send normal people into the fetal position.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

MARCH 16, 2018

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. There is a culture of banking innovation; they understand what their core competencies are,and where to allocate resources most effectively.”.

Risk Management 134

Risk Management Survey Management Fintech 134

PYMNTS

NOVEMBER 19, 2019

Payments is in a state of constant change, with decision points shifting as fast as each innovation, disruption and tweak in consumer behavior. The credit cycle will turn, and you’ll have a generation of credit risk managers who’ve not been through a recession yet. Do FIs want to navigate card programs through that?”.

Cards 140

Cards Apple Data Innovation 140

Alex Jimenez

NOVEMBER 4, 2023

Money 20/20 USA has become the biggest FinTech gathering in the US. FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. Similarly, FinTech firms face a reality with limited VC funds.

Conference 84

Conference Meeting Trends Fintech 84

Gonzobanker

JULY 8, 2022

Today, banks have no choice but to look more like tech companies: tech companies are offering banking services, innovative financial institutions are deploying banking as a service (BaaS) offerings, and digital transformation is dominating the strategic priorities of most financial institutions. Innovation Leader.

Resources 138

Resources Leadership Technology Management 138

FICO

OCTOBER 24, 2017

Are you a business leader with a strong viewpoint on how to use analytics to improve business results? FICO World is recognized as the foremost international conference on applications of predictive analytics and decision management technology. From fintech to regtech, discover what analytics can do for you now.

US 66

US Conference Analytics Miami 66

PYMNTS

SEPTEMBER 26, 2016

The report said 79 percent of bank executives view FinTech businesses as partners with high potential to collaborate. That said, banking revenue remains under intense pressure, especially in light of the emerging FinTech space.

Report 100

Report Payments blockchain Security 100

Insights on Business

OCTOBER 16, 2018

Learn how leading banks, credit unions and financial services firms leverage AI and cognitive to transform experiences that scale to millions of customers. Building blocks for a fintech world: Hands-on workshop. For those in API development, open banking, fintech and financial institution digital transformation. 12:00-12:55 PM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. This charter will give banks more competition in payments.

Conference 195

Conference Payments Fraud Data 195

Gonzobanker

MARCH 25, 2016

Especially the “transformation” candy from cheery innovation gurus, caffeinated buzzword generators, and other esteemed members of the disrupterati. Bad news : Let’s face it, the biggest innovation challenges right now aren’t new products, technology, and business models. The big challenges are culture and risk management.

Exercises 60

Exercises Innovation Risk Management Conference 60

PYMNTS

SEPTEMBER 27, 2017

this issue has come to light as small businesses, FinTechs and regulators work to address late payments, which often occur when large corporations pay their small business suppliers on delayed payment terms, or even past those payment due dates. will change anytime soon, despite innovations like eInvoicing. In the U.K.,

Payments 100

Payments Lending Risk Management Management 100

Gonzobanker

DECEMBER 22, 2020

During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking. Jill is continually demonstrating just how loud a $300 million community bank can roar! Brett Martinez, Redwood Credit Union , Santa Rosa, Calif. THE VENDOR AWARDS.

Idaho 170

Idaho Community Industry Strategy 170

FICO

AUGUST 3, 2022

Banking and financial services continue to be disrupted by leaner, new-to-market fintechs andchallenger banks, as well as shifting economic and regulatory conditions. By connecting technology investments to bottom-line results, the CIO offers a critical strategic lens to the institution in extracting maximum value from innovation initiatives.

Data 52

Data Analytics Customer Experience Technology 52

FICO

DECEMBER 23, 2020

The global pandemic has driven a dramatic change in consumer behavior, not least an exponential rise in the use of digital and mobile channels for banking and financial services, increased competition from fintechs, and the rise of open banking. Collaboration Will Be Key.

Compliance 52

Compliance Regulation Data Risk Management 52

Independent Banker

DECEMBER 31, 2021

How long is your to-do list? Like most other community bankers, you spent many long nights processing Paycheck Protection Program (PPP) loans, planning how to do business in a pandemic and much more throughout 2020 and 2021. will continue to work with fintechs, says president and CEO Steve Dehnert. By Katie Kuehner-Hebert.

Community Bank 144

Community Bank Community Lending Louisiana 144

Lex Sokolin

SEPTEMBER 3, 2020

The venture capital games of embedded finance , open banking, PSD2 and API, all of these revolve around the premise that banks are behind on cloud technology and do not know how to package and deliver financial products to where they matter. This therefore incorporates the types of enabling fintech that Refinitiv and Finastra dream about.

blockchain 52

blockchain Software Capital Technology 52

PYMNTS

APRIL 6, 2017

While these new ACH offerings are promising to quicken the pace of monetary transactions, the changes are also bringing new rules and regulations that directly impact how banks and other financial players operate. But how to abide by these new practices are not always clear to financial institutions.

Resources 100

Resources Training Payments Regulation 100

Banking 2020

DECEMBER 16, 2014

These steps will help to focused on your organizations talent of the future instead of the past: New View: Redefine what talent is and what it looks like (not just boxes to be checked), learn where and how to look for it, and understand how to attract it. A big part of this is moving from reactive to proactive talent management.

Leadership 52

Leadership Regional America Industry 52

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. In 2015, our industry woke up to changes in payments, delivery, marketing and risk management that are more serious than the typical conference chatter.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 19, 2016

Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. The FinTech Partner Best Practice Award – Goes to Cambridge Savings Bank and SigFig for their digital investment platform partnership. see [link] ).

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). The big bang project is over.”

Utah 60

Utah System Community Marketing 60

Tomorrow's Transactions

DECEMBER 19, 2016

The paper that Richard Brown of R3, my colleague Salome Parulava and I put together what seems like an age ago (a year is a long time in fintech) has finally been published! 2017 will see the emergence of the next generation of innovation in fintech that addresses risk management and regulation for the bank.

Mobile 30

Mobile Retail Trends Security 30

PYMNTS

JULY 13, 2017

FinTech companies — PayPal, Square, Stripe, WePay — have gravitated toward that model because what they’re innovating on is merchant experience, or user experience,” said Aberman. “In A PayFac collects minimal data up front and supplements it with other real-time data to get merchants up and running, literally, in minutes.

User Experience 108

User Experience Software Compliance Payments 108

FICO

AUGUST 28, 2017

Here is useful information on how to assess alternative data and combine it with so-called traditional data to improve credit risk models. In addition, despite what some enterprising fintechs might say, the value of this data would be far lower than the value of data with a stronger credit connection. What is alternative data?

Data 52

Data Analytics social media Technology 52

Fintech Labs Insights

NOVEMBER 18, 2015

AdviceGames ‘ Finius virtual money assistant uses machine learning-driven gamification to help borrowers and lenders manage risk by understanding the impact of future financial changes and teaching them how to respond. SwipeStox social trading app offers traders and investors a platform to make informed trades.

Company 12

Company Comparison Customer Experience Management 12