ABA Community Banking

FEBRUARY 9, 2024

Anne Tangen, a bank IT expert-turned-CEO at BankFive in Fall River, Massachusetts, talks about BankFive's efforts to reduce friction in the account opening process, as well as her work to smooth the path for talented women in the community bank C-suite.

Massachusetts 75

Massachusetts Community Bank Community Resources 75

PYMNTS

NOVEMBER 3, 2020

With the approval in Alabama, CORO is now available in the Apple App Store and Google Play store to residents in 13 states: Florida, Alabama, Arizona, Arkansas, Alaska, Delaware, Idaho, Montana, Massachusetts, Oregon, South Carolina, Washington State and Wisconsin.

Alabama 233

Alabama District of Columbia South Carolina Montana 233

CFPB Monitor

DECEMBER 1, 2022

We then discuss key issues of CPD concern and enforcement activity in specific areas, including mortgage servicing, auto sales and financing, debt collection, fintech/new technologies, and buy-now-pay-later. We also discuss how a company’s self-identification/self-remediation of violations factors into the CPD’s enforcement approach.

Massachusetts 78

Massachusetts Groups Fintech Technology 78

PYMNTS

DECEMBER 18, 2020

This week, FinTech EMTECH said it’s launching a compliance platform in collaboration with Microsoft to help central banks test their respective CBDCs. Meanwhile, the Boston Fed has been working with the Massachusetts Institute of Technology to explore the necessary tech infrastructure.

Cleveland 357

Cleveland Massachusetts Boston cryptocurrency 357

PYMNTS

JANUARY 17, 2017

has expanded its services to Massachusetts. According to a report , with the addition of Massachusetts, Remitly serves all 50 states in the U.S. 16), residents of Massachusetts, which is the most populous state in New England, can send money overseas via its app and website. and also offers its services in Canada.

Operations 100

Operations Massachusetts Seattle Report 100

PYMNTS

NOVEMBER 1, 2017

A small business (SMB) in Massachusetts borrowing funds via marketplace lender Kabbage has sued the platform, igniting new debate in the conversation over the definition of a “true lender,” according to reports in the National Law Review on Tuesday (Oct. and Celtic Bank in a federal court in Massachusetts.

Massachusetts 128

Massachusetts Utah National Regulation 128

PYMNTS

SEPTEMBER 2, 2020

2) that it has partnered with TSYS , a global payments FinTech that allows shoppers to buy now, pay later (BNPL). As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept.

Payments 221

Payments Massachusetts Lending Meeting 221

PYMNTS

FEBRUARY 15, 2018

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.

Washington 101

Washington Regulation Conference Fintech 101

CB Insights

OCTOBER 26, 2017

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Massachusetts. Total Equity Funding ($M).

United States 78

United States Fintech North Carolina Rhode Island 78

Independent Banker

JUNE 30, 2022

As a three-time participant in ICBA’s ThinkTECH Accelerator program, Ohlendorf has had a front row seat to community bank innovation through collaborative fintech partnerships. Greg Ohlendorf, president and CEO at $200 million-asset First Community Bank and Trust in Beecher, Ill., understands this well.

Innovation 134

Innovation Rhode Island Community Bank Community 134

PYMNTS

SEPTEMBER 9, 2020

Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. the New York investment advisory firm; Sound Ventures, the Los Angeles venture capital firm co-founded by Ashton Kutcher; and Y Combinator, the seed money startup accelerator based in Cambridge, Massachusetts.

Company 184

Company Los Angeles Connecticut Massachusetts 184

PYMNTS

JULY 3, 2020

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. ” Offering the Right Tools. .”

Regional 214

Regional New Hampshire Tools Vermont 214

PYMNTS

SEPTEMBER 24, 2020

the Massachusetts-based accounts payable (AP) automation software provider, on Thursday (Sept. 24) announced a $50 million Series D investment round and the purchase of two companies: Inspyrus, a Silicon Valley FinTech that specializes in AP, and Regal Software, the Atlanta-based provider of B2B disbursement software. MineralTree Inc.,

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

SEPTEMBER 24, 2020

the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. MineralTree Inc., 406 Ventures, the Boston venture capital fund. 406 Ventures, the Boston venture capital fund. Terms of the deals were not disclosed.

Company 169

Company Atlanta Boston Software 169

PYMNTS

MARCH 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. FinTechs Encourage SMB Crowdfunding. Several FinTechs in the U.S. B2B FinTechs Band Together. Fed Calls On Small Banks.

Payments 173

Payments Pennsylvania Kansas City Wyoming 173

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

American Banker

FEBRUARY 11, 2020

Bankers groups are keeping close tabs on a host of legislative and gubernatorial proposals, from prize-linked savings accounts in Iowa to rent control in Massachusetts to a slew of bills modeled after California's recently passed data privacy law.

Iowa 77

Iowa Massachusetts California Groups 77

PYMNTS

DECEMBER 5, 2018

FINMA has published a guideline for the upcoming FinTech license, which will allow FinTech projects to raise outside capital of up to 100 million Swiss francs ($100 million) with relaxed requirements. All stablecoins on Bitfinex and Ethfinex will be traded against USD.”.

Bitcoin 116

Bitcoin blockchain Data Massachusetts 116

ABA Community Banking

OCTOBER 2, 2019

Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based Reading Cooperative Bank’s innovation journey and how it improved financial inclusion in the communities it serves. In keynote remarks last night at the St.

St. Louis 77

St. Louis Innovation Massachusetts Community Bank 77

PYMNTS

JUNE 14, 2018

“Many groups that were granted licenses in the first application round in Massachusetts in 2014 are still not open today, largely due to the inability to find the $4 million to $6 million minimum needed for a large-scale, vertically integrated cannabis operation,” the publication wrote.

Massachusetts 108

Massachusetts Industry Resources Operations 108

CB Insights

MARCH 13, 2019

In 2018, the top 3 states for AI deals were California (48% of deals), New York (12%), and Massachusetts (9%), though investors have bet on AI startups across the country. Nuro is followed by Illinois’ Avant ($655M) and Massachusetts’ Indigo Agriculture ($617M). Massachusetts. Last year, VCs invested a record $9.3B

United States 78

United States Rhode Island Massachusetts Connecticut 78

PYMNTS

MARCH 2, 2016

ANZ Banking Group is recognized as the number four lender in Australia and is reportedly bringing Carnegie on board to help lead its continued push into digital technology and securing “strategic relationships” within the FinTech sector, ANZ said in a statement. Data from KPMG estimates that nearly A$27 billion ($19.21

Google 100

Google Massachusetts Groups Leadership 100

PYMNTS

APRIL 2, 2018

The secretary of the Commonwealth in Massachusetts has put the brakes on five initial coin offerings in that state. Sandboxes are finding their way into the FinTech arena in the United States. In one example, a FinTech with roots in the U.K. Domestically, the horizon may be darkening a bit for virtual currencies.

United States 110

United States social media Arizona cryptocurrency 110

PYMNTS

NOVEMBER 26, 2019

based FinTech, recently added a new corporate card to its portfolio of solutions. Among the nonprofits working to feed local communities this holiday season is the The Greater Boston Food Bank (GBFB) , which provides food services to 190 cities and towns in the eastern Massachusetts region. Yordex , a U.K.-based

Tools 141

Tools Boston Cards Management 141

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there.

Boston 269

Boston Massachusetts Knowledge Base Policies 269

PYMNTS

MAY 5, 2019

In other news, Singapore’s Chief FinTech Officer of the Monetary Authority said that while blockchain has potential for cross-border payments, the agency “does not see much” in retail bank digital currencies.

Bitcoin 136

Bitcoin blockchain Massachusetts New York 136

PYMNTS

NOVEMBER 20, 2020

Starting in January, the bank will close 40 of its branch banking locations in the stores, more than half of which will be in Massachusetts. The big news of the week in this regard is the announcement by Citizens Bank that it will be closing down many of its Stop & Shop grocery locations.

Metro 222

Metro Massachusetts FDIC Trends 222

PYMNTS

DECEMBER 26, 2019

FinTechs and merchants have formed a posse of sorts, with validation solutions provider Service Objects recommending using application programming interfaces (APIs) to verify emails, while retailers such as Costco, Morrisons and Tesco tell customers not to fall for social media notifications asking for personally identifiable information.

Fraud 131

Fraud social media Massachusetts Data 131

PYMNTS

SEPTEMBER 25, 2020

Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. MineralTree bought Atlanta-based Regal Software and California FinTech Inspyrus. Time on Tuesday (Sept. 22) at the earliest. MineralTree Raises $50M, Buys Two Companies. Trackers And Reports.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country.

US 119

US Massachusetts Tools Payments 119

PYMNTS

FEBRUARY 24, 2017

Locations on the radar for new Coinsource ATMs in 2017, according to Sharp, included in Maryland, Massachusetts, Washington, D.C., Last month, the central bank and government of the United Arab Emirates had drawn up regulatory frameworks for FinTech and digital payments at large. machines per week. We hope to double that this year.”.

Bitcoin 194

Bitcoin St. Louis Las Vegas cryptocurrency 194

CFPB Monitor

OCTOBER 10, 2019

The complaint includes claims for violations of state usury laws (California, Massachusetts, Colorado, New York) and racketeering and conspiracy under federal RICO statutes. Celtic could not make and keep the loans on its balance sheet because they would create an unacceptable risk under FDIC regulations.

Massachusetts 84

Massachusetts California New York Utah 84

CB Insights

JUNE 21, 2018

AvidXchange is one of the most well-capitalized startups in the fintech space, with nearly $575M in funding, including a recent $300M infusion from investors including Temasek Holdings, Peter Theil, and Mastercard. FUTURE OF FINTECH 2018. Most recently, AvidXchange acquired Ariett , a Massachusetts-based procurement software provider.

North Carolina 28

North Carolina Charlotte Massachusetts Conference 28

PYMNTS

SEPTEMBER 14, 2017

A new product released by FinTech firm TranferWise allows Canadian freelancers and businesses to operate in the U.S., A cross-border clothing venture from Massachusetts, for instance, is working to keep rhinos in Africa safe from poachers by selling internationally-made clothing and using the revenue to support anti-poaching efforts.

Report 191

Report Trends Massachusetts Study 191

PYMNTS

FEBRUARY 4, 2019

Massachusetts locations. The deal, which was announced by the company in January, marked a landmark occasion in the FinTech sector. And retailers are integrating new POS solutions into their brick-and-mortar stores: Toshiba Global Commerce Solutions recently announced that its TCx 300 system would arrive in all of Roche Bros.’

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

OCTOBER 29, 2018

In the latest Topic TBD, Danielle Lackey, chief legal officer of Motus , said the law across Illinois — and states such as California, Massachusetts and several others — represents a shift from usual practices.

Illinois 163

Illinois Technology Taxes Data 163

PYMNTS

NOVEMBER 29, 2019

Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? The Greater Boston Food Bank (GBFB) is among the nonprofits working to feed local communities this holiday season is the which provides food services to 190 towns as well as cities in the eastern Massachusetts region.

Google 129

Google Mobile Data Capital 129