Fintech and Omaha - Community Banking Brief

Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

Bank Innovation

FEBRUARY 14, 2019

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha

Omaha Technology National Innovation

First Bankcard, Provident Bank Team For Commercial Payments

PYMNTS

JANUARY 22, 2020

First Bankcard , a division of First National Bank of Omaha , has formed a strategic partnership with Provident Bank , First Bankcard announced Wednesday (Jan. O’Flanagan, executive vice president of consumer banking at First National Bank of Omaha. “We

Omaha

Omaha Payments New Jersey Cards

Buffett Hungry For Banking Stake In India?

PYMNTS

DECEMBER 7, 2018

Is India proving a lure, once again, for the “Oracle of Omaha?” This, of course, would not be the first movement of Buffett, via Berkshire, into India’s banking and payments realm – and especially FinTech. The bank is the third largest, as measured by market capitalization, and has broad reach, as noted above.

Omaha

Omaha Fintech blockchain Course

A Shift in the Vendor Landscape

Gonzobanker

OCTOBER 16, 2017

For PSCU credit unions that are processing debit cards on FDR Wilmington and credit cards on FDR Omaha, the option now exists for debit and credit to be on one platform – FDR Omaha. Although PSCU has had FDR Omaha debit available for some time, very few customers are using the platform.

Omaha

Omaha Cards Fraud Innovation

The ICBA 22/23 executive committee is all in

Independent Banker

MARCH 31, 2022

We must continue to fight increased regulation, specialty charter considerations and the potential for more fintech access to traditional rails without the same oversight. Omaha, Neb. I believe that partnerships with community bank-focused fintechs is critical to our success, which is why the ICBA ThinkTECH Accelerator is so critical.

Community Bank

Community Bank Community Industry Texas

4 ways banks can use data to manage fraud risk

BankInovation

MARCH 11, 2022

billion on fraud detection systems in 2021 as continuous threats around real-time payments emerged in the space, according to an analysis from fintech and core provider Fiserv. financial institutions spent more than $4.5 Executives from Nebraska-based First […].

Fraud

Fraud Nebraska Management Data

10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

SEPTEMBER 20, 2022

Both ladies detailed the tremendous opportunity, potential fintech partners in this space, and the risks. Both speakers presented the bulk of the opportunity to start around custody of these digital assets and then crypto rewards products and lending against such assets.

Conference

Conference Marketing social media Data

Ben Pankonin named “Executive of the Year” by SPN

Social Assurance

MAY 6, 2017

Recognized for his role leading the Social Assurance team in providing fintech solutions in the financial industry. Pankonin received the award during a ceremony held May 2, 2017, at the Omaha Design Center in Omaha, Neb. “We

Omaha

Omaha Nebraska Iowa Missouri

Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

JUNE 25, 2015

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 HQ: Omaha, Nebraska. billion valuation.

Puerto Rico

Puerto Rico St. Louis Fintech Company

Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

SEPTEMBER 9, 2020

Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.

FDIC

FDIC National South Dakota Lending

Prairie Cloudware Previews its Payments Gateway that Helps Banks Deliver Digital Services

Fintech Labs Insights

MAY 12, 2015

HQ: Omaha, Nebraska. Presenting Doug Parr (Chief Revenue Officer) and Mike Carter (Chief Marketing Officer). Product Launch: June 2015. Metrics: $5m+ raised to date. Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed. Founded: December 2012. Website: prairiecloudware.com. Twitter: @PrairieClouds.

Omaha

Omaha Nebraska Payments Strategy

Digital Payments Guardian from Prairie Cloudware Goes Live at Multi-Billion Dollar Regional Bank

Fintech Labs Insights

JUNE 23, 2016

Founded in 2012 and headquartered in Omaha, Nebraska, Prairie Cloudware demonstrated Digital Payments Guardian at FinovateSpring 2015. Digital Payments Guardian supports this by playing a role in a customer’s everyday transactions, growing the number of “touch points” between financial institutions and their customers.

Regional

Regional San Jose Omaha Nebraska

Prairie CloudWare Announces New Round of Investment

Fintech Labs Insights

JUNE 24, 2015

Omaha, Nebraska’s Prairie Cloudware has raised an undisclosed sum in its latest round of funding. Participants in the round included the company’s founders, as well as “existing local angel investors.”

San Jose

San Jose Omaha Nebraska Mobile

Union Bank & Trust Picks Prairie Cloudware’s Digital Payments Guardian to Power its Mobile Wallet

Fintech Labs Insights

JANUARY 13, 2016

Founded in December 2012 and headquartered in Omaha, Nebraska. Union Bank & Trust was founded in 1917 as the Farmer’s State Bank, changed its name to Union Bank in 1935, and added trust powers in 1959, becoming Union Bank & Trust Company. UBT is the third-largest, privately-owned bank in Nebraska with assets of $3.2

Nebraska

Nebraska Mobile Omaha Payments

D3 Digital Banking Platform Goes Live at First Tennessee Bank

Fintech Labs Insights

NOVEMBER 16, 2016

Founded in 1997 and headquartered in Omaha, Nebraska, D3 Banking demonstrated its Small Business Banking solution at FinovateFall 2015. Founded in 1864 during the Civil War, the bank boasts one of the best customer retention rates of any bank in the U.S. Its wealth management group, FTB Advisors, has $28 billion in assets under management.

Tennessee

Tennessee Digital Banking Memphis Omaha

Who were ICBA’s Top Lenders of 2022?

Independent Banker

JUNE 30, 2022

So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. That meeting four years ago led to the launch of Lead Bank’s Credit Builder Account program, which is accessed through an app developed by Self Financial, a fintech. Lee’s Summit, Mo.

Community Bank

Community Bank Community National Philadelphia

The Roil Over B2B Payments Rails

PYMNTS

OCTOBER 8, 2018

Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. That was the year Buffett took a 77 percent stake in Burlington Northern — in what he described as a “bet on America” and its resilience in the aftermath of the Great Recession.

Payments

Payments Innovation Regulation San Francisco

Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

JUNE 27, 2016

Fintech deals by size from May 21 to 27, 2016: Cotiviti. HQ: Omaha, Nebraska. The post Fintech Fundings: 113 Companies Raised $1.7 The total number of deals YTD stands at 551, 80% more than last year’s 306. Total dollars raised YTD is now $15.7 billion, more than twice the $7.2 Healthcare payments analytics. Source: Finovate.

Company

Company Fintech San Francisco New York City

Fintech Fundings: 22 Companies Raise $160 Million Week Ending March 11

Fintech Labs Insights

MARCH 14, 2016

Last week, 22 fintech companies raised a total of amount $159 million, of which at least $5 million was debt. It was the tenth week in a row with 20 or more fintech deals. Here are the fintech deals by size from 5 March to 11 March 2016: AlphaSense. HQ: Omaha, Nebraska. Fintech ideas platform. Source: Crunchbase.

San Francisco

San Francisco New York City Fintech Company

Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

AUGUST 14, 2015

Since June 1 we’ve seen 189 fintech deals globally raising a total of $3.1 ——— Fintech Unicorn Watch : Along with Yodlee’s near-unicorn exit , another apparent fintech unicorn was crowned when London-based Skrill (formerly Moneybookers) was acquired by Optimal Payments for a reported $1.2

New York City

New York City Company Fintech New York

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

AUGUST 1, 2016

Second quarter closed with a frenzy of fintech fundings with 49 deals announced the last week alone, 10 more than the previous weekly record. Fintech deals by size from 25 June to 1 July, 2016: Paycor. HQ: Omaha, Nebraska. The post Fintech Fundings: 186 Companies Raised $1.6 Of the total raised, $61.5 million was debt.

Company

Company Fintech New York City Lending

FinovateSpring 2015 Sneak Peek: Part 8

Fintech Labs Insights

APRIL 30, 2015

HQ: Omaha, Nebraska. We are a cloud-based, open platform that allows consumers to access and use their preferred payment mechanisms and accounts via the financial institution’s digital channels. Founded: 2012. Why it’s great. Slice’s one-of-a-kind Purchase Graph technology.

San Jose

San Jose Las Vegas California Tucson

The Wit And Wisdom Of Investor Letters

PYMNTS

APRIL 9, 2016

Payday lending – shockingly was a someone less contentious conversation – aided by Cordray’s admission that FinTech is likely to have a role in developing regulatory structures. The landscape presents some “real opportunities” for FinTech players, Cordray noted, even against lending practices that could prove to be “tricky.”.

Regulation

Regulation Lending Omaha America

Community Banking Brief

Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

First Bankcard, Provident Bank Team For Commercial Payments

Trending Sources

Buffett Hungry For Banking Stake In India?

A Shift in the Vendor Landscape

The ICBA 22/23 executive committee is all in

4 ways banks can use data to manage fraud risk

10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

Ben Pankonin named “Executive of the Year” by SPN

Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

Prairie Cloudware Previews its Payments Gateway that Helps Banks Deliver Digital Services

Digital Payments Guardian from Prairie Cloudware Goes Live at Multi-Billion Dollar Regional Bank

Prairie CloudWare Announces New Round of Investment

Union Bank & Trust Picks Prairie Cloudware’s Digital Payments Guardian to Power its Mobile Wallet

D3 Digital Banking Platform Goes Live at First Tennessee Bank

Who were ICBA’s Top Lenders of 2022?

The Roil Over B2B Payments Rails

Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Fundings: 22 Companies Raise $160 Million Week Ending March 11

Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

FinovateSpring 2015 Sneak Peek: Part 8

The Wit And Wisdom Of Investor Letters

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