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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

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Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

The fintech sector attracted $266 million in new capital the second week of August. Fintech deals by size from 6 Aug to 12 August 2016: Interactions. HQ: Franklin, Massachusetts. Digtial currency management for small businesses. Wealth management. P2P real estate investment management. Source: Finovate.

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Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Labs Insights

Two FinovateSpring 2015 presenters landed big rounds: Credit Sesame raised $16 million to expand its debt management and credit tracking platform. Consumer credit management. HQ: Charlestown, Massachusetts. The post Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15 appeared first on Finovate.

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Fintech Fundings: 20 Companies Raise $300 Million Week Ending July 17

Fintech Labs Insights

While the data wasn’t broken out by sector, I’d wager that last quarter’s $5 billion in fintech startup funding was 5x to 10x more than in 1999/2000. But at least in fintech, there are vast opportunities to improve existing processes and open new markets. HQ:Pembroke, Massachusetts. Latest round: $30 million.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. Financial supply chain management. Mambu attracted $8.7

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Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Labs Insights

In all, fintech companies worldwide raised $222 million the second week of June. Fintech deals by size from 4 June to 10 June, 2016: Tradeshift. HQ: Boston, Massachusetts. HQ: Cambridge, Massachusetts. Insurance management software. Risk Focus. Risk management for capital markets. NexusCrowd.