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State And Local Governments Wrestle With Faster Payments

PYMNTS

A crowd of FinTechs and challenger banks entering the disbursements space isn’t accelerating adoption to the extent needed, because it’s hard to differentiate them. The Oregon Department of Revenue favors ACH but still mails a ton of checks for its disbursements. Ironically, it’s the paradox of choice that may be slowing things down.

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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

The latest news from the country comes from its government: Chief FinTech Officer of the Monetary Authority of Singapore, Sopnendu Mohanty, said the central bank is about two years out from being able to assess the impact of its current blockchain project, Ubin. “In On the federal level, the U.S.

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

Fintech Labs Insights

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: Portland, Oregon. billion valuation.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Here are the fintech deals by size from 12 March to 18 March 2016: Future Finance. HQ: Portland, Oregon. Ghaio Fintech. Tax preparation technology. The post Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18 appeared first on Finovate. Alt-lender to students. Source: Crunchbase. CrowdStreet.

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. pre-tax ROA: 2.68%. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

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GonzoBanker Awards 2017

Gonzobanker

FinTech threats and distractions. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Oh, by the way, that Fintech darling of two years ago Lending Club?

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

Fintech Labs Insights

Since June 1 we’ve seen 189 fintech deals globally raising a total of $3.1 It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 Not this year.