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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. According to the publication, the partnership is not only noteworthy for the FI’s work with a FinTech.

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Billtrust Taps Green Dot For New CFO

PYMNTS

Accounts receivable (AR) automation firm Billtrust has appointed Mark Shifke as chief financial officer (CFO), bringing more than 35 years of financial and legal experience — including most recently as the CFO at fintech Green Dot — to guide the firm through its next phase of growth, the company announced in a recent blog. .

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Across the US, well-funded companies are rethinking how the financial system operates. 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.

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Community Banks Voice Frustration With Core Tech Providers

PYMNTS

Companies including Fiserv, Fidelity National Information Services (FIS) and Jack Henry & Associates control the majority of the core banking services market, linking financial institutions and FinTechs to infrastructure to run their own banking operations. ” Fiserv, FIS and Jack Henry have secured 90 percent of U.S.

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it tracker 7.19

PYMNTS

The figure stands on its head the usual dominance of FinTech. Accor is the biggest hotel operator in Europe, with the deal now helping to loosen up funds to boost and spruce up its existing holdings. But yet again, the weight this week, as had been the case last week, lay with just one deal, overshadowing just about everything else.

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How to collect positive customer reviews

Independent Banker

Daniel Brousseau, senior director, financial services industry strategy and experience at fintech solution Medallia, says community banks should also monitor NerdWallet, which is becoming a bigger player in the bank reviewing field. Miller is a writer in New Jersey. Quick review fixes.

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Banking On APIs For B2B Innovation

PYMNTS

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.