Abrigo

FEBRUARY 25, 2025

Automation fosters efficiency, accuracy, and the support that community businesses need. The speed advantage may be due to large banks greater use of automated lending technology, the FDIC said, although large banks increased reliance on hard credit-scoring information may also play a role.

Lending 195

Lending FDIC Policies Analysis 195

PYMNTS

JANUARY 26, 2020

It provides credit lines to individuals and has usually worked in communities without much access to banks. But AlphaCredit CEOs and co-founders José Luis Orozco and Augusto Álvarez were happy about the opportunity, saying it would give them the chance to keep providing cutting-edge technology for fast, easy and flexible service.

Fintech 247

Fintech America Capital Regional 247

Bank Innovation

SEPTEMBER 20, 2017

One such fintech is Greenlight Financial Technology. EXCLUSIVE – One thing is clear: more and more fintechs are looking to create better interaction to engage users. Besides the obvious social media channels, another social phenomenon which seems to be advancing is gamification.

social media 244

social media Fintech Financial Technology Technology 244

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies.

Community Bank 116

Community Bank Community Innovation Millennials 116

Jack Henry

DECEMBER 9, 2021

Investments in financial technology have been increasing for years, but the events of the last 18 months have created a new sense of urgency for community banks and credit unions to fine-tune their digital strategies across the spectrum of various fintech investments.

Strategy 148

Strategy Digital Strategies FDIC Community Bank 148

PYMNTS

JUNE 21, 2020

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments and receipts for customers, a press release said. The move will also allow the bank to access advanced messaging capabilities.

Virginia 224

Virginia Community Bank Strategy Digital Banking 224

Independent Banker

FEBRUARY 29, 2020

“Today’s technology environment opens the door to a world of opportunity for community bankers.”. Fueled by visions of flying cars and robot maids courtesy of The Jetsons, I was sure technology would dominate the landscape. In fact, today’s technology environment opens the door to a world of opportunity for community bankers.

Community Bank 155

Community Bank Community Technology Customer Experience 155

BankInovation

MAY 19, 2023

Emerging financial technology companies have built new services and offerings that place the customer experience front and center, providing a flexibility and speed that traditional banking institutions struggle to match. Fintechs are carving into the essence of what regional and community banks have done for generations, […]

Community Bank 85

Community Bank Regional Community Customer Experience 85

PYMNTS

SEPTEMBER 23, 2016

The app will enable community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform. NCR announced on Thursday (Sept. 22) it launched a new app dubbed Business Banking Mobile.

El Paso 100

El Paso Community Bank Community Mobile 100

CFPB Monitor

NOVEMBER 20, 2019

The Task Force on Financial Technology of the House Financial Services Committee has scheduled a hearing entitled “ Banking on Your Data: The Role of Big Data in Financial Services ” on November 21, 2019. Professor of English, Macomb Community College and Digital Pedagogy Lab Advisor. Seny Kamara, PhD.,

Big Data 60

Big Data Financial Technology Data Technology 60

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. .”

Payments 294

Payments blockchain System Bitcoin 294

PYMNTS

SEPTEMBER 26, 2018

“Just as HTTPS, SMTP and SIP enabled free borderless information sharing and communications, crypto assets and blockchain technology will enable us to exchange value and transact with one another in a similar way: instantly, globally, securely and at low cost.”

blockchain 180

blockchain Compliance US Financial Technology 180

PYMNTS

JULY 7, 2020

Daniel Muller , CEO and founder of AeroPay, said in the release that he hopes the tech will boost the long-underserved cannabis B2B community. “What makes us unique is we are a traditional financial technology company that also services cannabis businesses,” he said, according to the release.

Payments 185

Payments Survey Industry US 185

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Banks are instructed to reference relevant guidance from the agencies that is listed in a footnote.

Community Bank 78

Community Bank Community Fintech Company 78

PYMNTS

JULY 1, 2019

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. There is a new economy emerging driven by changes in technology, demographics and the environment.

Innovation 155

Innovation Trends Technology America 155

Payments Source

MARCH 8, 2016

Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.

Community 60

Community Community Bank Cards Financial Technology 60

PYMNTS

SEPTEMBER 24, 2020

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. 24) it raised $215 million in Series C venture funding. The investment and its associated valuation put the company's total value in excess of $1.2

Atlanta 140

Atlanta Leadership Financial Technology Capital 140

PYMNTS

APRIL 16, 2019

“This will also allow us to share experiences and information related to FinTech … and reap the benefits of the new innovation in financial technology, enhance payment systems and promote financial inclusion,” said National Bank of Singapore Deputy Governor Neav Chanthana of the partnership.

Fintech 211

Fintech San Francisco National Innovation 211

PYMNTS

SEPTEMBER 27, 2019

House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept. Achieving a real-time payments system, and ensuring access to that system for financial institutions of all sizes, is “too important to be entrusted to a private monopoly,” Steen said. payments ecosystem.

Payments 174

Payments Kansas City Community Bank Community 174

Independent Banker

OCTOBER 31, 2022

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. While challenging for some, this convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year.

Fintech 126

Fintech Community Bank Kansas City Community 126

PYMNTS

JULY 13, 2020

Although immensely disruptive and, in many cases, devastating to small- to medium-sized businesses ( SMBs ), the pandemic has revealed just how resilient the SMB community really is. Forever Local, de Geer said, began as a way to help consumers with information about what businesses were operating in what capacity in their local communities.

Innovation 184

Innovation Online Community social media 184

BankInovation

NOVEMBER 15, 2021

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. BM Technologies agreed to acquire First Sound for as much as $7.22

Pennsylvania 97

Pennsylvania Seattle Fintech Financial Technology 97

PYMNTS

JULY 10, 2020

Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. As it turns out, other industries can benefit from technology that addresses those same pain points.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

JULY 17, 2020

As the one-time darling of Europe’s financial technology (FinTech) community faces insolvency with the debt of nearly $4 billion, some lenders said there are few buyers willing to pay cents or euros on the debt. Once a $28 billion FinTech leader, Wirecard has reported debt of nearly $4 billion after it revealed that $2.1

Fraud 150

Fraud Community Groups Regulation 150

Independent Banker

MAY 31, 2022

That uncomfortable feeling you get in the pit of your stomach when you decide to try something new serves as a motivator and is why I tell community bankers: “To succeed in today’s rapidly evolving digital landscape, you need to get comfortable with feeling uncomfortable.”. Facilitating open communication. Get out of your comfort zone.

Community Bank 120

Community Bank Community Innovation Meeting 120

PYMNTS

JANUARY 30, 2019

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan.

Analytics 144

Analytics Lending Tools Community Bank 144

Independent Banker

MAY 31, 2022

When companies sign on to the ICBA ThinkTECH Accelerator, they are looking to home their products and services to better support community banks. As community bankers visited The Venture Center, they too, presented the cohort with ways in which we might work together. By Colleen Morrison. It’s very much a one-two punch.”.

Community Bank 146

Community Bank Community Maryland US 146

PYMNTS

JANUARY 12, 2021

12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. Our customers need financial technology tools that align with their personal and business needs. according to a Tuesday (Jan.

Vermont 140

Vermont Community Community Bank Customer Experience 140

PYMNTS

MARCH 14, 2019

Canadian financial technology provider Central 1 is linking its credit union customers to a new solution designed to streamline accounts receivable for small businesses. ” Credit unions are increasingly collaborating with FinTechs in a bid to enhance their small business services. .” ”

Payments 148

Payments Tools Online Innovation 148

PYMNTS

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

Fintech 78

Fintech Groups Community Bank Community 78

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners.

Strategy 190

Strategy Report Lending Fintech 190

BankInovation

NOVEMBER 2, 2022

Financial technology provider Kasasa is partnering with 50 community banks around the U.S. on Finder, a new tool that allows banking customers to search by zip code to find local financial institutions (FIs) that offer Kasasa rewards accounts. Finder runs on data input from FIs via Salesforce.

Tools 52

Tools Community Community Bank Financial Technology 52

BankInovation

NOVEMBER 2, 2022

Financial technology provider Kasasa is partnering with 50 community banks around the U.S. on Finder, a new tool that allows banking customers to search by zip code to find local financial institutions (FIs) that offer Kasasa rewards accounts. Finder runs on data input from FIs via Salesforce.

Tools 52

Tools Community Community Bank Financial Technology 52

PYMNTS

APRIL 23, 2020

But the expansion, giving rise to the new SoFi Invest will offer “automated investing” and financial education. billion (in cash and stock) to buy Galileo Financial Technologies, which focuses on payments and bank account infrastructure. percent feel the same toward local and community banks. Our survey shows that 64.2

San Francisco 252

San Francisco Online Fintech Survey 252

PYMNTS

MARCH 22, 2020

After speaking with our customers — most of whom are Controllers themselves — we are proud to be able to support a community tailored to their needs,” said Andrew Hoag, CEO of Teampay. . “At As COVID-19 disrupts normal operations, retailers are taking stock of available mobile and online commerce capabilities and technologies. .

Operations 131

Operations Online Financial Technology Community 131

PYMNTS

MAY 3, 2019

Only through continued collaboration and fundamental research will it be possible for this technology to mature and for policy-makers to fully understand its potential,” Scott Hendry, Bank of Canada senior special director of financial technology, said in a press release about Jasper-Ubin project3.

Bitcoin 129

Bitcoin blockchain Texas New York 129