PYMNTS

JULY 18, 2017

Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. Both Lending Club and Laplanche are currently facing shareholder litigation that claims they concealed material weaknesses in the online lender’s ability to monitor its operations.

Lending 122

Lending San Francisco Online Risk Management 122

PYMNTS

JUNE 18, 2018

Finastra , the FinTech company, announced Monday (June 18) that it has acquired Malauzai , a provider of mobile and internet banking solutions for community financial institutions (FIs). Together, our two companies deliver a fully integrated open core platform for payments, lending and digital, across Finastra’s 4,500-strong U.S.-based

Mobile 100

Mobile Community Bank Wisconsin Phoenix 100

Gonzobanker

MARCH 21, 2017

D+H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

MARCH 21, 2017

D&H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

AUGUST 19, 2015

Conservative lending risk. Warm Pulse’s chief executive officer has 300+ connections and the chief lending officer has 500+ connections. The words “loans” or “lending” are nowhere to be found in the CLO’s profile. Some fintech vendors also started to realize the origination and underwriting integration possibilities.

Phoenix 60

Phoenix Lending Community Community Bank 60

Fintech Labs Insights

JULY 20, 2016

This week, 35 fintech companies worldwide raised $469 million the second week of June. Fintech deals by size from 11 June to 17 June, 2016: Fenqile. Fintech company builder. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, insurance, payments, funds transfer. Total dollars raised YTD is now $16.8

New York City 12

New York City San Francisco Company Fintech 12

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank. Oh, what a mere 12 months can do.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Consumers was the first big credit union to deploy the Phoenix core system and this year was the first big go-live of the Lumin digital banking system. GonzoBankers, 2019 was a year of extremes.

Idaho 148

Idaho Conference Data Marketing 148

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 195

Fintech Community Regional Technology 195

Gonzobanker

OCTOBER 21, 2015

During a Fintech Forward panel, Zenbanx CEO Arkadi Kuhlmann talked about how to lend money to data because we don’t see the people anymore. Yet, another panelist cautioned on the irrational exuberance for fintech companies that are front-ends and brokers but don’t make any money.

Las Vegas 60

Las Vegas Retail Phoenix Branch Design 60

William Mills

MAY 9, 2018

There are a number of great events in FinTech but this one I do my best to attend each year. A TON of really old technology is being used in mortgage lending. Product distribution strategy: Through financial institutions, through other fintech companies and platforms. This is either my 21st or 22nd Finovate; I’m not sure.

Security 40

Security Samsung Strategy San Jose 40

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. Bravo OZRK! Great work on both sides of this high-stakes conversion effort.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. For those in the know – simply AOBA. Source: SNL. Sadly, the silence was deafening.

Taxes 76

Taxes Video Analytics Arkansas 76