Independent Banker

NOVEMBER 25, 2015

A mix of players, FinTech firms pose threats and opportunities. Call them disruptors, upstarts or the voguish FinTech companies. FinTech customers have no idea they are exposing themselves to identity and financial risk. Illustration by Getty images / Chris Ede. By Kelly Pike. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

Fintech Labs Insights

SEPTEMBER 17, 2015

Hedgeable offers an ultra high net worth wealth management platform with zero minimum, making it accessible to 2.5B millennials worldwide. Clients get access to risk managed portfolios for any account type, socially responsible investing, alternative asset classes, and a member benefit rewards program built into the platform.

Millennials 12

Millennials New York Risk Management Strategy 12

ZootBlog

NOVEMBER 11, 2015

There are several ways for banks to elevate their game—fintech houses, neobanks, alternative lenders, in-bank labs. Fintech Houses. Americans expect trust, transparency, and accessibility in their banking services and fintech houses are serving customers in that way.

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Innovation Fintech social media Knowledge Base 60

Jeff For Banks

MARCH 20, 2016

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 Like most marketplace lenders, SoFi claims a borrower risk rating system that is better than the FICO score. billion in equity capital since its founding in 2011. By comparison, over 100 year old and $7.7

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Virginia Risk Management Capital Comparison 60

Independent Banker

FEBRUARY 24, 2016

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

NOVEMBER 21, 2016

Even so, FinTech innovators aren’t ignoring traditional FIs, with many developing solutions just for the banks to help them ease back into the game. So, it’s a curiosity why a bank and a FinTech partner would want to focus on the SME space at all.

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Lending Meeting National Community 100

Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” Compared to “insurtech” – regtech firms have been prominent players in the fintech firmament for years.

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blockchain Trends Fintech social media 12

PYMNTS

JUNE 9, 2017

In an interview with PYMNTs after a webinar by the pair titled, “Financial Services Innovation — The Risk of New vs. Nothing,” John Epperson, principal at Crowe Horwath LLP, and Jason Henrichs, managing director at FinTech Forge , discussed the challenges and rewards of embracing change, even as firms are mindful of what works.

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Innovation Compliance Technology Data 109

Fintech Labs Insights

JANUARY 18, 2016

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. Millennial saving & investing app. The post Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15 appeared first on Finovate.

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Company New York City Fintech San Francisco 12

Fintech Labs Insights

DECEMBER 2, 2015

Founded in 2007 and headquartered in West Des Moines, Iowa, Social Money is geared toward millennials and Gen Y consumers – a point underscored by Flake. In July, Q2 Holdings acquired anti-fraud, risk management specialist, Centrix Solutions for $20 million. The Social Money acquisition is the second for Q2 in 2015.

Iowa 12

Iowa Austin Millennials Community Bank 12

Banking 2020

DECEMBER 16, 2014

We’ll soon have four generations within the global workplace: next gens, millennials, gen X and traditionalists. A big part of this is moving from reactive to proactive talent management. Take Smart Risks: Managers generally hire people who walk and talk like everyone else on the team. Be ready to act fast.

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Leadership Regional America Industry 52

FICO

FEBRUARY 12, 2023

The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. That said, customers have increasingly high standards and you only have a short amount of time to impress them (especially Millennials).

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

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. If you think of teams that take early system adoption risk, manage it well and get an edge on the competition as a result, you probably don’t think first of a $1 billion credit union in Kalamazoo.

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Idaho Conference Data Marketing 148

Gonzobanker

DECEMBER 22, 2015

Disruptus Interuptus Award for fintech providers trying to beat the system that said, “Ah heck, let’s just sell and join the system”: Tie: Novelty media darling SmartyPig (SocialMoney) acquired by bank vendor Q2 for $10M. Millennials. Great work on both sides of this high-stakes conversion effort. Conference Mojo Award.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

JULY 16, 2015

After a month-long screening process, we narrowed the pile to the newest and most innovative ideas in fintech. Hedgeable’s NEXT Partner Network makes private banking platforms available to millennials. ID Analytics brings patented analytics and real-time behavioral insight to consumer risk management.

Company 12

Company Mobile Software Big Data 12

CB Insights

OCTOBER 6, 2017

WEALTH MANAGERS AND FINANCIAL PLANNERS . Robo-advisors, or digital wealth managers/financial planners, have made the most progress towards fully-automating a conventional fintech business model. Looking at the wealth management market, it’s not hard to understand why. Private market investors have poured over $1.9B

Software 69

Software Industry Retail United States 69

CB Insights

AUGUST 6, 2017

Fintech 250: The Tech Startups Redefining The Financial Services Industry. Wealth Tech Market Map: 90+ Companies Transforming Investment And Wealth Management. Disrupting Banking: The Fintech Startups That Are Unbundling Wells Fargo, Citi and Bank of America. Here are the FinTech startups unbundling banking. INDIA TECH.

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Industry Marketing Fintech Software 78

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.”

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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. The FinTech Partner Best Practice Award – Goes to Cambridge Savings Bank and SigFig for their digital investment platform partnership. see [link] ).

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Utah System Community Marketing 60

Fintech Labs Insights

SEPTEMBER 1, 2015

To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. Empyr’s Online to Offline Ad platform generates revenue for online publishers, including banks and fintech companies, from offline advertisers.

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Company Software Analytics Mobile 12