CFPB Monitor

JANUARY 24, 2022

SoFi) to create SoFi Bank, National Association (SoFi Bank, N.A.), as a full service national bank headquartered in Cottonwood Heights, Utah. The bank will also provide a fully digital, mobile-first national lending platform for consumers across the country. In addition, the parent company of SoFi Bank, N.A.,

National 78

National Fintech Company FDIC 78

PYMNTS

NOVEMBER 25, 2020

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Ukrainian Bank Partners With Swedish FinTech.

National 161

National Fintech US United States 161

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. BNL Goes Live With Tink. ní banka Taps Temenos.

Fintech 341

Fintech National Groups Tools 341

Bank Innovation

NOVEMBER 10, 2017

The National Bank of Australia (NAB) will create 600 new technology jobs. The new job additions will help the bank build its tech presence in order to efficiently compete with the burgeoning fintech industry, NAB said. This announcement comes just a few weeks after the bank said it was cutting 4,000 jobs.

National 191

National Industry Fintech Technology 191

Chris Skinner

JULY 5, 2018

Whilst in New Zealand, I had an interview with the country’s most respected business paper: National Business Review. The battles for the future of fintech The future of financial … The post The battles for the future of fintech appeared first on Chris Skinner's blog.

Fintech 391

Fintech National Digital Banking Payments 391

PYMNTS

JANUARY 31, 2021

City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. With Extend, City National is the first issuer in the U.S. to launch this competitive solution.”.

National 172

National Cards New York City New York 172

BankInovation

DECEMBER 2, 2021

A focus on fintech innovation, open banking attainability, and year-over-year indicator growth marked Wednesday’s Q4 earnings call for the National Bank of Canada (NBC). The bank reported revenues of $7 billion, up 13% from the previous year. Total assets increased to $277.3

National 98

National Fintech Innovation Report 98

Chris Skinner

APRIL 23, 2019

It was Earth Day on Monday, and a national holiday in many nations as they observed what Christians call Easter. One of the leading … The post Doing good for society and the planet (an Earth Day FinTech update) appeared first on Chris Skinner's blog.

Fintech 338

Fintech National Innovation Payments 338

Bank Innovation

SEPTEMBER 1, 2017

India may overtake China as the world’s leader in fintech service adoption, according to a report released by Ernst & young, entitled EY FinTech Adoption Index 2017.

Fintech 319

Fintech National Report Payments 319

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. But a national charter would allow for a uniformity of presence and market scope.

National 215

National blockchain Montana Lending 215

Payments Source

JANUARY 29, 2021

City National Bank is working with the fintech startup Extend to further boost contactless payments at the point of sale for business employees through the launch of a virtual Visa commercial credit card.

National 144

National Cards Fintech Payments 144

Bank Innovation

MAY 30, 2018

Even in fintech. It turns out nations beyond America today are increasingly generating more significant financial technology innovation, especially in artificial intelligence. Location matters. Canada is an example.

Innovation 253

Innovation Fintech America Financial Technology 253

The Paypers

JUNE 28, 2023

Lithuania ’s main fintech representatives have just signed a Memorandum of Understanding confirming the country’s National Fintech Guidelines for 2023-2028.

Guidelines 36

Guidelines National Fintech Maine 36

American Banker

JANUARY 5, 2024

Reading Cooperative Bank and Queensborough National Bank and Trust are among those that see value in being close to fintech startups.

Community Bank 92

Community Bank Fintech Community National 92

PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. The Fed And FinTech Firms. As reported, Singapore has been working on other cross-border initiatives as well.

Fintech 211

Fintech San Francisco National Innovation 211

Perficient

JULY 11, 2022

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later. According to Kristen E.

Fintech 474

Fintech Trends South Dakota Apple 474

Chris Skinner

AUGUST 5, 2018

I cannot post a 222-page PDF from the US Government on FinTech and competition without also posting a 136-page PDF from the European Commission on FinTech and competition.

Policies 208

Policies Fintech National US 208

Bank Innovation

APRIL 20, 2018

and the National Bank of Canada (NBC) announced today that they tested a debt insurance simulation on a new blockchain platform. JPMorgan Chase & Co.

National 316

National blockchain Innovation Management 316

The Paypers

JANUARY 19, 2024

Fintech solutions provider Finshape has partnered with Saudi Arabia-based Arab National Bank (anb) to deliver customised banking experiences to their customers.

National 36

National Fintech 36

Bank Innovation

APRIL 11, 2018

National Australia Bank (NAB) today added Google Pay to its roster of mobile payments services. NAB customers can now use Google Pay to make contactless payments. On its digital payment services, NAB currently has NAB Pay, which works on Android devices, NAB PayTag for iOS devices, Samsung Pay, Fitbit, and Garmin wearables.

Google 210

Google National Samsung Mobile 210

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

Fintech 197

Fintech Lending Community Payments 197

PYMNTS

MAY 3, 2019

Regulators from New York got the nod from a judge to move forward with their lawsuit aimed at stopping FinTechs from offering banking services on a national level. Regulators in New York want to prevent federal government agencies from granting FinTechs national licenses enabling them to loan and send money like a bank.

Fintech 156

Fintech New York National Regulation 156

Let's Talk Payments

NOVEMBER 30, 2017

Mid-October, FinTech firm conta.MOBI, which provides payment account (including a free version), announced a collaboration with Correios, the state-owned company that operates the national postal service of Brazil. With this.

National 111

National Fintech Company Operations 111

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 214

Fintech Los Angeles Lending Analytics 214

PYMNTS

NOVEMBER 27, 2019

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. In this week’s roundup of the latest B2B applications of bank-FinTech collaboration and open banking initiatives, PYMNTS looks at new data integration models.

Fintech 227

Fintech blockchain Data National 227

CFPB Monitor

MAY 24, 2021

We are pleased to announce that Ballard Spahr’s Consumer Financial Services Group has once again received the highest national ranking from Chambers USA: America’s Leading Lawyers for Business. We are proud to report that the Group also received the highest national ranking in this new third category.

National 148

National Groups Regulation Compliance 148

CFPB Monitor

SEPTEMBER 5, 2018

announced they have been granted preliminary approval by the OCC of their application to form a de novo national bank, which they claim “put[s] Varo on track to become the first all-mobile national bank in the history of the United States.”. Rather than a SPNB charter, Varo is seeking a full-service national bank charter from the OCC.

National 68

National Fintech United States New York 68

Bank Innovation

OCTOBER 17, 2017

EXCLUSIVE — Spanish banks, along with certain Spanish telecommunication companies, have come together to establish a national network based on blockchain. The consortium is called Alastria.

National 267

National blockchain Company Regulation 267

CFPB Monitor

AUGUST 13, 2020

We are pleased to announce that Ballard Spahr’s Consumer Financial Services Group and its Fintech & Payments Team received national rankings from The Legal 500 in the financial services regulation and fintech categories. It was our first application for ranking in the fintech category.

National 60

National Groups Fintech Payments 60

Bank Innovation

NOVEMBER 13, 2017

The Association of Southeast Asian Nations has formed a fintech network to encourage cross-border collaboration. This ASEAN Fintech Network was launched today at Singapore’s Fintech Festival. These six make up the Asean Fintech Network (AFN). According to the announcement, the AFN said it […].

Fintech 186

Fintech National Capital 186

American Banker

APRIL 4, 2024

The Federal Reserve issued an enforcement action against Mode Eleven Bancorp, the holding company for Summit National Bank, which engages in banking-as-a-service.

Wyoming 73

Wyoming Community Bank Community Fintech 73

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal.

Fintech 228

Fintech Data Risk Management Management 228

Bank Innovation

JUNE 19, 2018

PREMIUM – Cincinnati, Ohio might seem like an unlikely place for fintech innovation to spur, but it has the ingredients to be just the right breeding ground. At least that's according to Fifth Third, one of the nation's 25 largest financial institutions, that is headquartered in the city of Cincinnati.

Ohio 207

Ohio Fintech National Innovation 207

PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Fintech 142

Fintech Miami National Data 142

Chris Skinner

MAY 5, 2017

Larry Summers, former director of the National Economic Council for President Barack Obama, writes a regular column in The Financial Times. His latest piece is his take on FinTech, which has the main headline that FinTech is taking away frictions in finance.

Fintech 216

Fintech Apple Google Comparison 216

PYMNTS

DECEMBER 13, 2017

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution. 12) that it is working with FinTech firm RCGILTNER Services to deploy the digital platform, which will launch in the first quarter of 2018.

National 108

National Lending Online Mobile 108

Bank Innovation

JANUARY 17, 2020

In this episode, editors discuss the following news developments: The overlap of retail with financial services, and reflections on the National Retail Federation annual conference in New York; Visa’s acquisition of Plaid and what it means […].

Retail 243

Retail New York Video Conference 243