Bank Innovation

APRIL 8, 2019

Riskified, an Israeli startup that provides anti-fraud services for online transactions, is seeking to raise as much as $200 million, according to people familiar with the company’s plans.

Fraud 150

Fraud Financial Technology Online Technology 150

Gonzobanker

AUGUST 17, 2022

Plaid acquired ID verification and KYC/AML compliance platform Cognito Mitratech Holdings acquired compliance risk and vendor management solution Continuity Mitek acquired KYC onboarding and analysis solution HooYu Equifax acquired post-transaction fraud solution Midigator. Reg & Risk: Still Showing Up For Surprise Quizzes.

Fintech 178

Fintech Lending Software Compliance 178

PYMNTS

MARCH 11, 2019

Fiserv , a financial technology company, has partnered with cash solutions company NationalLink to simplify cash management for users, the company said in a press release. NationalLink will use a financial services technology called CorPoint, which is a cash supply chain management software.

Management 100

Management Software Financial Technology Technology 100

PYMNTS

DECEMBER 15, 2016

Financeit, the Canadian financial technology company, has seen its business double ever since it acquired home improvement financing assets from TD Bank. There isn’t any paperwork to fill out or long wait times to see if they are approved. Financeit has processed more than $1.5

Compliance 100

Compliance Financial Technology Fraud Company 100

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ).

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

JUNE 12, 2017

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. But how businesses reshape their payment practices varies.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. Consumer engagement and enablement begins with trust, and trust often begins with KYC.

Innovation 100

Innovation Technology Regulation Fraud 100

CFPB Monitor

FEBRUARY 13, 2017

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers. Fintech forum.

Report 68

Report Big Data Lending Survey 68

PYMNTS

FEBRUARY 3, 2017

The research showed that by 2018, nine out of 10 organizations will invest in the use of blockchain technology for financial transaction, asset and contract management and regulatory compliance. Specifically, they include the areas of citizen services, regulatory compliance, identity management and contract management.

blockchain 100

blockchain Technology Study Policies 100

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. Another technology in discussion will be the ever prevailing blockchain technologies. IBM keynote. This session will take place Wednesday, June 20 from 12:00 to 1:00pm.

Conference 70

Conference Fintech blockchain Compliance 70

Insights on Business

SEPTEMBER 21, 2018

As a leader in the financial services industry and at the forefront of payments, mobile, commerce and financial technology, IBM will convene a terrific team of financial services experts and partners for a variety of activities at this year’s Money20/20 conference. The Future of Payment Fraud Prevention.

Conference 115

Conference Customer Experience Industry Trends 115

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. The SEC Finding. LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. said U.S.

Lending 135

Lending Fraud Management San Francisco 135

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC.

Policies 60

Policies Lending Data Online 60

William Mills

JANUARY 25, 2018

The report includes industry research about what technology, solutions and services U.S. Leading industry analysts, consultants, bankers and financial technology professionals also share commentary and their insights on trends for 2018. Fraud Prevention. Compliance. Branch Technologies. Introduction.

Report 40

Report Technology Innovation Atlanta 40

William Mills

FEBRUARY 22, 2018

Bankers as Buyers explores what banks will likely invest in this year and provides ideas and concepts from leading industry analysts, banking consultants and financial technology professionals on the top trends impacting the financial industry in 2018, including: Mobile Developments. The post What Will Bankers Purchase in 2018?

Millennials 41

Millennials Digital Strategies Mobile Fraud 41

Independent Banker

OCTOBER 31, 2022

Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc. “Customer experience has become a critical competitive advantage, requiring banks to completely change their approach to servicing customers,” says N. Today … people expect specialized services everywhere, all the time.”. Paperwork takes way too long.”.

Community Bank 91

Community Bank Community Customer Experience Data 91

Gonzobanker

DECEMBER 14, 2023

The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. Another lesson that sometimes the most important assets in relationship banking can walk out the door. The Monty Python “Biggus Dickus” Award – goes to Sen.

Fintech 193

Fintech Community Regional Technology 193

William Mills

MAY 11, 2016

Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR This is a very sophisticated fraud detection technology! ^SR.

Video 40

Video Lending social media Analytics 40

William Mills

MAY 11, 2016

Started talking about the challenge of having to change credit cards all the time (due to fraud). Helps with mobile onboarding and anti-money laundering compliance. ^SR. We are the global leaders in identity solutions while protecting FI’s and providers from compliance and fraud.” Boy, this is a problem for ME.

Mobile 41

Mobile Video social media Data 41

William Mills

MAY 9, 2018

Our Actionable Intelligence Management solutions help banks and mortgage companies streamline and automate manual processes, seize new business opportunities and manage compliance, all while transforming the customer experience. Synapse Financial Technologies, [link] @synapsefi. william@williammills.com William Mills, CEO WMA.

Security 40

Security Samsung Strategy San Jose 40

William Mills

MAY 10, 2016

One use case is to use a bot, via text messaging, to help customers when they have potential credit card fraud. There is a growing focus on customer experience and related compliance issues. He has more than 30 years of experience in financial technology and is a recognized leader in financial and technology marketing.

San Jose 40

San Jose Customer Experience Mobile social media 40

PYMNTS

JANUARY 27, 2021

In this week’s look at the latest in Commercial Card Innovation, PYMNTS examines the tactics industry players use to overcome hurdles, including complex strong customer authentication (SCA) compliance requirements and the pain of supplier non-acceptance. Billtrust, REPAY Drive Virtual Card Adoption.

Cards 237

Cards Capital Security Compliance 237

Fintech Labs Insights

NOVEMBER 2, 2015

Clarus Financial Technology. Tags: Security, fraud, AML, KYC, compliance, Finovate alum. Source: Crunchbase. Identity proofing solutions. Latest round: $10.45 million Post IPO equity. Total raised: Unknown. HQ: Melbourne, Australia. Source: Finovate. Payment & credit platform for the underbanked. Source: Crunchbase.

Los Angeles 12

Los Angeles New York City Company San Francisco 12

Fintech Labs Insights

AUGUST 22, 2024

Stratyfy: Raised $12M, decision intelligence technology gaining traction, particularly in risk management. Themis: Raised $9M, compliance and governance tech gaining steady traction, particularly with larger corporate clients. Glia: Expanded customer service technology offerings with AI enhancements.

San Francisco 15

San Francisco New York San Jose Tools 15

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Steve McLaughlin from Financial Technology Partners’ Money 2020 party.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

OCTOBER 11, 2017

Now, customers in those countries can use the platform to send money to each other and have all the complex cross-border and compliance components handled by nanopay. Finovate conferences showcase cutting-edge banking and financial technology, and 1000-plus startups have presented at the short-form, demo-style exhibitions to date.

Payments 101

Payments New York City New York Conference 101

PYMNTS

NOVEMBER 20, 2019

Serious and systemic non-compliance leaves our financial system open to being exploited by criminals,” Nicole Rose, chief executive for AUSTRAC, told the news outlet Xinhuanet.com. . Last year, the Commonwealth Bank of Australia paid a record A$700 million in fines after allowing 53,750 payments that violated similar protocols.

System 123

System Analysis Compliance Regulation 123

William Mills

SEPTEMBER 9, 2016

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. -K.T. users fall victim to fraud.” I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40

William Mills

SEPTEMBER 7, 2016

Andrew just needs to review the account and forward on to compliance for their review. Andrew can snooze until Compliance has done their work so his workspace is not cluttered. They are introducing CrossCore – First smart plug in play fraud and identity platform. About to show use case on credit card fraud.

Mobile 40

Mobile Cards Fraud Data 40

CFPB Monitor

NOVEMBER 22, 2022

Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.

Fintech 78

Fintech Report Data Lending 78

PYMNTS

FEBRUARY 7, 2020

The head of research at financial technology consultancy 11:FS, Sarah Kocianski, said the changes have already caused problems. The Financial Conduct Authority (FCA) has delayed compliance deadlines to 2021, but some banks have started to take action regardless.

Cards 204

Cards Regulation Digital Banking Maine 204

Fintech Labs Insights

OCTOBER 3, 2016

Added to its Compliance Document Management Solution, CertCapture. Added to KBW Nasdaq Financial Technology Index. Partnered with BitSight Technologies to enhance its Know Your Third Party platform. Introduced compliance solution to help meet new FRTB requirements. Announced its Cyber Security scholarship program.

San Francisco 18

San Francisco Taxes Lending Colorado 18

Fintech Labs Insights

JUNE 6, 2016

Bridge Financial Technology. Back-office platform for financial advisors . Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Expense report automation . Latest round: $2.9 Total raised: $3.0 HQ: Sunnyvale, California. Source: Crunchbase. Mobile on-demand insurance . million Seed.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

SEPTEMBER 1, 2015

Auvenir is a smarter way to audit financial statements. Using cutting edge technology, Auvenir is setting the new standard in compliance and assurance. Avoka’s digital business platform for frictionless sales and service solves the “buy” problem for financial institutions, government, and education.

Company 12

Company Software Analytics Mobile 12

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. PWC — Center for Technology and Innovation (CTI). GFT Technologies — Digital Innovation Lab.

Innovation 78

Innovation blockchain Technology Groups 78