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US Inches Toward Open Banking With CFPB Notice

PYMNTS

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Tennessee's First Horizon Bank revealed a new partnership with NCR to adopt the latter's D3 digital banking platform, the firms recently revealed.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Nashville, Tennessee – Pinnacle Bank ($432 million). Another home lending specialist, about 61 percent of the bank’s total assets ($1.56

Cleveland 150
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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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June’s Top 12 Mobile Pay Moments

PYMNTS

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. ” RIP CurrentC.

Mobile 104
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The top-performing community banks of 2021

Independent Banker

Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. First Community Bank of Tennessee. Allied First Bank, SB. Nebraska State Bank.

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Who Will Disintermediate The Intermediaries?

PYMNTS

And digital wallets face new risks to their model on the heels of the card brands’ recent embrace of browser-based, EMVCo-based online standards (Secure Remote Commerce, or SRC) that deliver a robust card-on-file solution experience for their issuers’ products inside a single “Pay” button. To name but a few.

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Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21

Fintech Labs Insights

It was a broad mix of sub-sectors, from crypto (Ripple) to lending. Tools and programs for alt-lending to businesses. HQ: Nashville, Tennessee. Bitcoin-denominated P2P lending. Tags: lending, lead gen, SMB. This week, 24 companies raised $444 million ($359 million equity, $85 million debt). Actiance $28 million.