ABA Community Banking

OCTOBER 2, 2019

In keynote remarks last night at the St. Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based Reading Cooperative Bank’s innovation journey and how it improved financial inclusion in the communities it serves.

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St. Louis Innovation Massachusetts Community Bank 77

Abrigo

FEBRUARY 25, 2022

Cornerstone Advisors surveys have found that the percentage of community financial institution executives who see fintech companies like Square and PayPal, which offer business loans, as significant threats has increased from 36% in 2021 to 47% in 2022. In a blog series, “ Adapting to the Digital Age ,” researchers from CSBS, the St.

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Lending St. Louis Community Survey 195

BankInovation

AUGUST 24, 2020

SwipeSum, based out of St. Louis, curates the best prices from big name providers like […]. According to the four-year-old startup, it has saved business owners more than $2.3 million in total, and its average savings per business owner is $7,848.

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St. Louis Payments Video Fintech 52

PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. CUs Stick Together To Compete With Banks, FinTech Firms. CUs like St. For more on these and other CU news items, download this month’s Tracker.

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Innovation St. Louis Fraud United States 155

PYMNTS

JANUARY 28, 2020

The FinTech, which focuses on cross-border payments, will use the funding to boost its technology portfolio and partner network. . In this month’s Credit Union Tracker, PYMNTS spoke with the St. The eCommerce mattress merchant recently forecasted its IPO valuation at $768 million, far under the $1.1

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Fintech Labs Insights

OCTOBER 22, 2020

Today, I watched a 10 impressive demos at DC Fintech Week ( see list at bottom of post ). Finlocker is a St. Louis, MO-based fintech that just landed a fresh $10M (total round size of $20M, the other $10M raised in 2019) to give them a total of $25.4M. Vitals: HQ: St.

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St. Louis DC Fintech Management 15

PYMNTS

FEBRUARY 24, 2017

recently announced the placement of three new machines in St. Louis, Missouri, the company’s first foray into the Midwestern market. Last month, the central bank and government of the United Arab Emirates had drawn up regulatory frameworks for FinTech and digital payments at large.

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Bitcoin St. Louis Las Vegas cryptocurrency 194

PYMNTS

AUGUST 25, 2016

Louis-based startup has defied the odds and raised $750,000 during a slowdown in funding for Fintech startups. According to the KPMG Fintech report , Q2 shows investment in VC-backed Fintech deal activity dropped to a five-quarter low in Q2 2016. Louis with 10,000 people currently using the app.

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Mobile St. Louis Payments Los Angeles 100

PYMNTS

NOVEMBER 15, 2017

The goal is an ambitious one, to be sure, one that needs collaboration between sometime competitors in the banking and FinTech arenas. David Sapenaro, first vice president and chief operating officer of the St. consumers and to businesses, standard practice across transactions of all sizes.

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Payments St. Louis Course System 111

PYMNTS

AUGUST 31, 2017

With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. Louis, as its new payments strategy director.

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Innovation How To Payments St. Louis 162

PYMNTS

NOVEMBER 13, 2017

The Federal Reserve is taking a newfound interest in FinTechs – and the potential disruptions they may be bringing in their wake. I think that in the regulated area … we ought to be looking at the implications of the growth of FinTech … I think we ought to be looking at cyber[security], obviously.”.

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St. Louis cryptocurrency Cyber Security Fintech 108

Abrigo

APRIL 22, 2024

As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e., Online fintech lenders and merchant cash advance providers are also making up ground. loans less than $1 million—accounted for 12.6%, 11.1%

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Lending St. Louis Community Marketing 195

PYMNTS

AUGUST 12, 2017

Though native to Nebraska, the people of Memphis, Tennessee, drink the most Kool-Aid in the nation, followed by Little Rock, Arkansas; St. Louis, Missouri; Oklahoma City, Oklahoma; and Jacksonville, Florida. Whether it’s FI’s fascination with bitcoin three years ago – which, by the way, continues with the recent news of Coinbase’s $1.6

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Fintech Labs Insights

JANUARY 7, 2016

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Louis, Missouri. Source: WhoGotFunded.

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St. Louis social media Company Fintech 12

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 Louis, Missouri. billion valuation. PromisePay.

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Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

AUGUST 14, 2014

If you''re interested in attending to see the future of fintech debut live on stage, the last chance to get your ticket at the early-bird price expires this Friday. FinovateFall 2014 is sponsored by: The Bancorp , CapitalSource , Financial Technology Partners , Greater St.

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St. Louis San Francisco New York Capital 25

Fintech Labs Insights

JULY 13, 2016

Louis-based Midwest BankCentre picks Insuritas to open and manage its turnkey insurance agency. Thomson Reuters unveils its KYC due diligence solution, Org ID. Jack Henry Banking has “refreshed” its SilverLake Systems core banking solution. Lloyds Banking Group renews processing agreement with TSYS.

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St. Louis Software Analytics blockchain 12

Fintech Labs Insights

SEPTEMBER 16, 2014

If you''re interested in attending to see the future of fintech debut live on stage via our fast-paced demo-only format, please get your ticket as soon as possible to lock in your seat. execs, fintech entrepreneurs, venture capitalists, press, and industry. Over 1,300 tickets have already been sold and we have less than 50 remaining!

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St. Louis San Francisco New York Capital 20

Fintech Labs Insights

DECEMBER 7, 2015

The investment round was led by KGC Capital and featured participation from UMB Bank, Wintrust, and SixThirty, the fintech accelerator based out of St. Chicago-area cybersecurity specialist Rippleshot has raised $1.2 million in new funding.

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St. Louis Capital Chicago Analytics 12

Fintech Labs Insights

SEPTEMBER 30, 2015

The program runs from September 14 through December 11, and is based in downtown St. For its participation in the accelerator, Rippleshot will pick up a negotiated equity investment of up to $100,000, as well as training, mentoring, and networking with professionals from financial services company from across the country.

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PYMNTS

AUGUST 21, 2018

Adding to the fun — consumers born in the 1980s to 1990s (aka millennials) that are widely counted as the future of economy — carry the highest debt load of any generation according to the Federal Reserve Bank of St. population — fare much worse.

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US Millennials New York St. Louis 100

Fintech Labs Insights

JUNE 6, 2016

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Louis, Missouri. The post Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13 appeared first on Finovate. Total dollars raised YTD is now $14.7 billion, more than twice the $6.7 billion raised during the same period a year ago. billion Debt).

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Company Fintech San Francisco New York City 12

Fintech Labs Insights

MAY 26, 2016

Fintech deals by size from 30 April to 6 May 2016: VTS. Louis, Missouri. Louis, Missouri. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). The post Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6 appeared first on Finovate. Total dollars raised YTD is now $14.3 Total raised: $87.7

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St. Louis Company Fintech New York City 20

PYMNTS

OCTOBER 13, 2017

The president of the Federal Reserve Bank of St. Louis, James Bullard, warned Thursday (Oct. need to pick up the pace in their efforts to confront the risks created by FinTech companies to the banking sector. 12) that banking regulators in the U.S. “I think we have been complacent so far.

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St. Louis Fintech Regulation Maine 123

Fintech Labs Insights

MAY 21, 2015

Louis, Missouri. The post Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21 appeared first on Finovate. Source: FT Partners. Public Fund Investing Tracking & Reporting (PFITR, LLC). Public fund accounting & analytics. Latest round: $50,000. Total raised: $800,000. Source: Crunchbase. HQ: Zagreb, Croatia.

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