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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

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.

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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. Alt-credit score & risk management for financial institutions in emerging markets. Total dollars raised YTD is $19.9 First Access.

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

Fintech Labs Insights

HQ: Charlestown, Massachusetts. The post Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15 appeared first on Finovate. Tags: Real estate, commercial mortgage lending, big data, investing, risk management. Source: FT Partners. Data analytics for commercial real estate. HQ: New York City. Wallflower.

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

Fintech Labs Insights

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. Derivative risk management. HQ: Boston, Massachusetts. The post Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15 appeared first on Finovate.

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FinovateFall 2017 Live Blog – Day 2

William Mills

Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. They are based in Massachusetts so I bet they came out of MIT. This technology powers a ton of other FinTech companies (something that I don’t think most people know). ID_Analytics.

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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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