Remove Innovation Remove Lending Remove Omaha Remove Operations
article thumbnail

Inside First National Bank of Omaha’s seven-person innovation lab

Bank Innovation

First National Bank of Omaha (FNBO), with $20 billion in assets and 5,000 employees, is building out its seven-person innovation group within the bank's namesake skyscraper in Omaha, Nebraska. The goal is to […].

Omaha 170
article thumbnail

Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Austin 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

A solution, he told PYMNTS four years ago , that had nothing to do with financial services or lending at all — they were actually studying hiring and figuring out ways to track employability over time with data. Today, Upstart is a profitable firm, which means it didn’t need to raise $50 million to fund operations.

article thumbnail

The ICBA 22/23 executive committee is all in

Independent Banker

It’s an honor to work with them as we focus on advocacy, education and innovation for the community banking industry. Omaha, Neb. Bank Operations and Payments chair Alice P. Hartings: ICBA’s ThinkTECH Accelerator brings fintechs and community banks together to enhance bank operations and the customer experience.

article thumbnail

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

CFPB Monitor

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 78
article thumbnail

The Wit And Wisdom Of Investor Letters

PYMNTS

Innovation is the engine of America,” Purcell noted. Moreover, Dimon warned that regulating the biggest banks in the United States out of existence won’t solve any real problems — just move the issue to Chinese shores, where big banks will still be able to operate. “I Buffett is correct. On that point, however, the jury is out.