Insights on Business

NOVEMBER 8, 2018

I thought one panel participant explained eloquently where the financial services industry is in the digital transformation journey when he put it in terms of the incumbent bank’s relationship with fintechs. He observed: We’re in what was described as “Phase 3” with fintechs.

Industry 143

Industry San Francisco New York City Fraud 143

PYMNTS

JANUARY 20, 2019

Bitcoin ATM company Coinme is partnering with Coinstar to allow bitcoin purchases through Coinstar kiosks at select Safeway or Albertsons stores in California, Texas and Washington state. And Overstock’s CEO Patrick Byrne told CoinDesk that the company’s tZERO security token trading platform will finally go live by the end of next week.

Bitcoin 178

Bitcoin Texas Washington ATM 178

PYMNTS

JUNE 6, 2019

According to ValueBank Texas CEO Scott Heitkamp, the SBA’s initiative is “another attempt for credit unions to get [into] the commercial lending business,” raising concerns that credit unions could take away market share from banks. Not everyone is on board with the effort, though.

Lending 129

Lending Analytics Data Security 129

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

SEPTEMBER 26, 2019

Credit unions (CUs) have a growing opportunity to capture and keep their member customers, but only if they’re able to elevate their offerings to the levels seen with large banks and FinTechs. There are other areas in which credit unions stand to effectively compete with banks and FinTechs in the small business finserv space as well.

Lending 108

Lending Community Bank Community Fintech 108

PYMNTS

OCTOBER 6, 2017

nanopay: Bringing Speed, Security To Cross-Border Digital Payments. The FinTech’s technology uses cryptography – not blockchain – to secure payments, allowing for faster, more secure transactions with the ability to achieve greater scale. Emailage: Embarking On The ‘FinTech Roadshow’. First, on Oct. 11 through Oct.

Las Vegas 101

Las Vegas America Security Fintech 101

Independent Banker

JUNE 30, 2022

Security Bank Midwest. Security Bank. 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. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. Ag Lender Score. Red River State Bank.

Community Bank 172

Community Bank Community National Philadelphia 172

Abrigo

DECEMBER 20, 2021

Whether that is the case or not, the reprieve is now over. On December 16, 2021, FinCEN announced an $8 million civil money penalty against CommunityBank of Texas (CBOT) for willful Bank Secrecy Act (BSA) violations and failing to maintain an effective anti-money laundering (AML) program. CommunityBank of Texas' citations.

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Resources Texas Analysis System 195

PYMNTS

JUNE 21, 2019

In India, where investors have shied away from alternative nonbank financial companies as of late, one small business (SMB) lender managed to secure an impressive funding round. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Lendingkart. million from Alteria Capital. Growth Street.

Marketing 109

Marketing Capital San Francisco Management 109

Fintech Labs Insights

OCTOBER 20, 2020

In the past 5 years, FIS’s accelerator has helped 57 startups find product/market fit in the difficult-to-get-started fintech world. Cirrus Secure 7-minute demo @FIS Fintech Accelerator Demo Day. Cirrus Secure. Description: Secure document portal for lenders. Award: MVP of the FIS 2020 Fintech Accelerator.

Fintech 15

Fintech San Francisco NJ Arkansas 15

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. that invests in businesses that align with the company's focus on fintech; Government Loan Solutions, Inc., (Nasdaq: MCBS) MetroCity Bankshares, Inc.,

Capital 78

Capital Texas Metro North Carolina 78

Jeff For Banks

DECEMBER 27, 2022

Many solutions providers in the fintech space are very young, don't have many installations, and have yet to turn a profit. To see where they are now because they were much ballyhooed by a top trade show in the country for fintech solutions. In October 2022, Sensibill was acquired by fintech aggregator Q2. Not necessarily.

Innovation 78

Innovation Fintech Conference Austin 78

Independent Banker

JULY 31, 2022

During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. The days of people coming in to cash their Social Security checks—those are pretty much gone. Forge partnerships, especially with fintechs. Strengthen controls.

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Texas’ SpyCloud delivers protection against account takeover for its corporate clients. Kenna Security. Back-Office.

US 116

US Capital California San Francisco 116

Fintech Labs Insights

FEBRUARY 23, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Snoopwall landed a cool million for its security solutions. Seven weeks into the new year, fintech companies have raised $4.7 HQ: Richardson, Texas.

Company 12

Company Fintech San Francisco Texas 12

Fintech Labs Insights

OCTOBER 5, 2016

Half of the companies in the FinTech Forward 20 “Companies to Watch” list presented by American Banker and BAI this week are Finovate/FinDEVr alums. Headquartered in Austin, Texas. Headquartered in Plano, Texas. Also on the Fintech Forward 20 Companies to Watch list were: Autobooks. Malauzai ( FS16 ).

Company 16

Company Fintech New York City New York 16

Gonzobanker

DECEMBER 22, 2020

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). The Tiny Bank that Did It Award UBank of Texas. And, by the way, without missing a beat.

Idaho 172

Idaho Community Industry Strategy 172

Independent Banker

MARCH 31, 2022

Staffers with a hybrid schedule include some commercial lenders as well as those working in the credit unit, finance and accounting, various support operations, insurance and securities departments. Mindy Charski is a writer in Texas. Many IT, marketing and finance profitability analytics employees are remote. “We s Pietranton says.

Missouri 142

Missouri Community Bank Community Management 142

Independent Banker

APRIL 30, 2022

Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. State Bank of Texas. United Texas Bank. A: We have been fortunate to develop deep partnerships with some great fintechs. Allied First Bank, SB. Nebraska State Bank. Neighbors Bank. Priority Bank. Fayetteville. Union Bank & Trust Company.

Community Bank 172

Community Bank Community Montana Taxes 172

Fintech Labs Insights

JUNE 5, 2015

The fintech sector scored its second consecutive under-$100 million week as the summertime slowdown hit the northern hemisphere. million including one Finovate alum, mobile security specialist Tyfone ($6.6 HQ: Austin, Texas. FinTech Group. Mobile security. Tags: Security, mobile, Finovate alum.

New York City 12

New York City Company Fintech New York 12

Jeff For Banks

SEPTEMBER 13, 2015

Selection: Monty Rogers, EVP and Chief Lending Officer, Security Bank Is there any doubt that the leader of my receiving corp would be a Texan? Security Bank in Midland, Texas lends to business, period. What has Monty delivered to Security Bank? Its liquidity ratio is 28% and only 3% of its securities are pledged.

Community Bank 60

Community Bank Lending Community Security 60

Fintech Labs Insights

SEPTEMBER 1, 2016

The fintech sector attracted $332 million in new capital the first week of August. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. HQ: Austin, Texas. The post Fintech Fundings: 30 Companies Raised $330 Million First Week of August appeared first on Finovate. Total dollars raised YTD is $19.6 VaultInvesting.

New York City 18

New York City Company Fintech Comparison 18

Fintech Labs Insights

AUGUST 28, 2015

YTD, the fintech sector has raised $12 billion. HQ: Austin, Texas. Mobile transaction security. The post Fintech Fundings: 15 Companies Raise $150 Million Week Ending August 31 appeared first on Finovate. Tags: Security, fraud, mobile, payments. million in venture debt. August fundings ended up totaling $2.3

Company 12

Company Fintech California San Francisco 12

Fintech Labs Insights

DECEMBER 14, 2015

Buoyed by 7 Startupbootcamp Insurance entrants each grabbing $17,000, a record 30 fintech companies raised money this week for a total of just under $100 million ($95.8 With just two weeks remaining in the year, the total invested in private fintech companies YTD is $18.1 HQ: Austin, Texas. HQ: Austin, Texas. Rippleshot.

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

DECEMBER 28, 2015

But if there’s one in the fintech sector, the dozens of investors in these 23 companies didn’t get the memo. In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. 15 million to security provider Trulioo. FinTech Group. HQ: Austin, Texas. Source: Finovate.

Company 12

Company Fintech North Carolina California 12

Fintech Labs Insights

JUNE 18, 2015

All told, 12 fintech companies raised $205 million ($105 million equity, $100 million debt) this week. HQ: Houston, Texas. The post Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18 appeared first on Finovate. Tags: Risk management, security, regulation, compliance. Year-to-date, $7.7

San Francisco 12

San Francisco Company Fintech Albuquerque 12

PYMNTS

JUNE 30, 2016

On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon. In comparison, the U.S.

Mobile 104

Mobile Samsung Apple Missouri 104

Fintech Labs Insights

JULY 17, 2015

While the data wasn’t broken out by sector, I’d wager that last quarter’s $5 billion in fintech startup funding was 5x to 10x more than in 1999/2000. But at least in fintech, there are vast opportunities to improve existing processes and open new markets. HQ: Austin, Texas. Is there too much being invested?

Fintech 12

Fintech Company San Diego Los Angeles 12

Fintech Labs Insights

OCTOBER 9, 2015

Almost 40% of the total ($223 million) went to Chinese real estate marketplace FangDD which is not universally classified as fintech. HQ: Irving, Texas. HQ: Austin, Texas. The post Fintech Fundings: 22 Companies Raise $590 Million Week Ending Oct 9 appeared first on Finovate. million), Ripple ($4 million), Praesidio ($3.1

New York City 12

New York City Company Fintech San Diego 12

Fintech Labs Insights

NOVEMBER 2, 2015

In total, 23 fintech companies raised more than $121 million including Finovate alums Spreedly which brought in $2.5 HQ: Austin, Texas. The post Fintech Fundings: 23 Companies Raise $120 Million Week Ending Oct 30 appeared first on Finovate. Tags: Security, privacy, cryptocurrency, data. mil), iSignThis ($10.5

Los Angeles 12

Los Angeles New York City San Francisco Company 12

Fintech Labs Insights

MARCH 28, 2016

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. HQ: Austin, Texas.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

SEPTEMBER 25, 2015

Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 HQ: Austin, Texas. The post Fintech Fundings: 17 Companies Raise $235 Million Week Ending Sep 25 appeared first on Finovate. Tags: Trading, investing, enterprise, securities, data, analytics. Latest round: $33.3 Source: Finovate.

San Francisco 12

San Francisco Company Fintech San Jose 12

Fintech Labs Insights

JULY 23, 2015

While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. HQ: Austin, Texas. HQ: Austin, Texas. The post Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23 appeared first on Finovate. million for its mobile P2P payment service. government.

Company 12

Company Connecticut Fintech Austin 12

Fintech Labs Insights

FEBRUARY 15, 2016

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 Six weeks into the new year, fintech companies have raised $4.5 Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. HQ: Austin, Texas. times the $1.9 Total raised: $30.7

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Company Fintech New York City Comparison 12

Fintech Labs Insights

SEPTEMBER 25, 2016

Is it fair to judge a fintech conference based on the way it reflects, anticipates, and even uncovers what’s most important in the field? We think so – and we were once again impressed by the way FinovateFall this month helped spread the story of fintech in the second half of 2016. Security: Short and Sweet.

blockchain 12

blockchain Trends Fintech Cards 12

Fintech Labs Insights

AUGUST 8, 2016

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 9 July to 15 July, 2016: Blockchain Intelligence Group. HQ: Plano, Texas. The post Fintech Fundings: 32 Companies Raise $210 Million Second Week of July appeared first on Finovate. Total dollars raised YTD is $18.1 million Seed.

Company 12

Company Fintech New York City blockchain 12

Fintech Labs Insights

OCTOBER 19, 2015

It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. Secure messaging for financial services. HQ: Austin, Texas. The post Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 The vast majority, $5.9 billion) and First Data ($2.6 HQ: Atlanta, Georgia.

New York City 12

New York City Company Fintech New York 12