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A conversation with Pennsylvania Secretary of Banking and Securities Robin Wiessmann

CFPB Monitor

In this week’s episode, Pennsylvania Secretary of Banking and Securities Robin Wiessmann discusses lessons learned from the 2009 financial crisis and concerns arising from today’s market conditions and regulatory environment, shares her views on the OCC’s fintech charter and provides an update on steps that States are taking to relieve regulatory burdens (..)

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Community Banks Debut FinTech Alliance

PYMNTS

Collaboration amid competition has been a hallmark of the financial services space, as traditional financial institutions (FIs) join forces with FinTech startups. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Guidelines From The UK. and MarketInvoice.

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North Lane, daVinci Payments Finalize Merger; Form Syncapay

PYMNTS

Syncapay Chairman and CEO Juli Spottiswood said in the announcement that the closing of the deal between the two companies brings together two FinTech firms to speed digital payment expansion via an “unparalleled payments platform.”.

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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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Fintech BM makes first acquisition after going public through a SPAC

BankInovation

a share in a deal valued at $23 million, the Radnor, Pennsylvania-based firm said Monday in […]. Financial-technology firm BM Technologies Inc. is turning the typical banking tie-up formula on its head with plans to acquire First Sound Bank, a Seattle-based community business lender.

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NXTsoft Names Chuck Diulus as Chief Revenue Officer

Bobsguide

NXTsoft , a company focused on delivering seamless API Connectivity as a Service to the financial marketspace has named Fintech veteran Chuck Diulus as Chief Revenue Officer. Diulus, a graduate of The Pennsylvania State University, has over 30 years’ experience in EFT, banking and Fintech industries. About NXTsoft.

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Community bank, fintech team up to serve gig-economy workers

American Banker

Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services.