Finovate

FEBRUARY 6, 2025

ID-Pal ID-Pal uses 100% AI-powered technology for real-time identity verification and AML screening, ensuring seamless customer onboarding, compliance, and zero access to customer data. Banks, neobanks, community banks, credit unions, payments providers, insurance companies, asset management companies, and financial institutions.

Stablecoins

Finovate

AUGUST 30, 2024

Community Bank & Trust selected ValidiFI to help verify bank account ownership and possession for prospective borrowers. Community Bank & Trust will leverage ValidiFI’s vAuth to verify bank account status and account ownership and possession for its Tax Refund Advance loan program.

Community Banks

PYMNTS

DECEMBER 13, 2017

250 | The number of countries’ government-issued IDs that identity verification solutions provider Jumio’s technology can currently verify, including multiple generations of IDs from all 50 U.S. The survey was primarily administered to small community banks and credit unions, making the finding significant.

Same Day ACH

PYMNTS

JUNE 23, 2020

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. RTP Gains Community Bank Traction. In the U.S., And when it comes to legacy rails, the U.S.

Federal Reserve

FICO

APRIL 21, 2020

Community banks need to take these concepts and move them into reality. Most financial activities – and entire loan application processes – can be handled electronically (including proof of identity, document verification, fraud identification, e-signatures, and more). But we can rebuild.

Posting

Finovate

AUGUST 22, 2024

ID-Pal ID-Pal uses 100% AI-powered technology for real-time identity verification and OFAC screening, ensuring seamless customer onboarding, compliance, and zero access to customer data. Banks, neobanks, community banks, credit unions, payments providers, insurance companies, asset management companies, and financial institutions.

Credit Union

Finovate

AUGUST 27, 2024

Community banks, regional banks, credit unions, CUSOs, non-bank lenders, and insurance carriers looking to reduce the cost and complexity of delivering great experiences across the enterprise. Community banks, regional banks, and credit unions that need a state-of-the-art solution to prevent fraud in contact centers.

Credit Union

Finovate

FEBRUARY 6, 2024

The company, which returned to the Finovate stage in 2022 and 2023 for FinovateFall, helps community banks and credit unions access modern banking technology. Bankjoy’s solutions help FIs better target specific market niches and deliver superior digital banking experiences.

Innovation

PYMNTS

MARCH 2, 2020

It will also have identity verification, meaning a 50 percent reduction in false positives and a 75 percent reduction in process time. Verdigris touts cost savings with its “banking in a box” model, which means a consolidation of banking jobs like internet and mobile banking, deposits, loans and payment solutions, among other things.

Volume

Fintech Finance

MAY 21, 2024

With this collaboration, we jointly enable more banks and fintechs to verify the legitimacy of businesses in a digital and automated way. Middesk’s Business Verification solution ensures that financial institutions say ‘yes’ to more businesses while meeting strict compliance and regulatory requirements.

UCC

Finovate

SEPTEMBER 17, 2024

We look forward to working together to deliver the innovations community banks and credit unions across the United States need to stay ahead of the competition.” The company’s technology powered new offerings like cloud-first ORO Bank of Bhutan and Bank Midwest’s digital-only OnePlace.bank.

Accounts

PYMNTS

APRIL 23, 2020

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. LendingTree.

FinTech

Finovate

FEBRUARY 21, 2025

. “Our tech and operations teams went through deep due diligence and have been highly impressed with the quality and simplicity of Illumas offerings, which address a critical gap for mid-market FIs,” said Senior Vice President of Venture Lending and Banking Stifel Bank Nick Elsenpeter.

Authentication

PYMNTS

MARCH 7, 2018

From community banks to central banks, the need for faster payments is gripping financial institutions (FIs) of all shapes and sizes. FIs worldwide are making bold pushes to increase their payment speed, from Australia’s new real-time payments scheme to Saudi Arabia’s turn to blockchain.

Same Day ACH

Finovate

AUGUST 8, 2024

High-street banks, credit unions, community banks, regional banks, challenger banks, fintechs, and digital banking providers. Banks, credit unions, payment providers, small-to-medium sized businesses helping their customers, members, and employees stay safe, especially from scams using their name.

Disputes

The Fintech Times

SEPTEMBER 12, 2024

Silverflow , the cloud-native payment processing company, has struck a new partnership with Chesapeake Bank, a community bank. Company updates Galileo Financial Technologies, a financial technology company and a subsidiary of SoFi Technologies, has launched Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore.

FinTech

The Fintech Times

JANUARY 30, 2024

Most recently, he served as VP of sales at Agent IQ, a personal digital engagement platform for community banks and credit unions. ADVANCE.AI, a Southeast Asian provider of digital identity verification, compliance and risk management solutions, has appointed Dennis Martin as CEO of its credit reporting business.

FinTech

PYMNTS

DECEMBER 20, 2019

It operates in harmony with banks’ existing Know Your Customer (KYC) and anti-money laundering (AML) processes, while deploying proprietary security measures within the rail itself. Not every FinTech solution designed for banks is able to do so, he noted, pointing to the example of Zelle. ” he said.

Cross-Border

PYMNTS

JUNE 14, 2019

In an interview with PYMNTS , Jim Priestley, chief revenue officer at Feedzai, also mentioned the importance of mobile banking in connecting the online and offline worlds. Where once mobile strategies were reserved for big national banks, now community banks and credit unions have also adopted mobile offerings.

Online and Mobile Banking

Fintech Labs Insights

SEPTEMBER 1, 2015

Buzz Points partners with community banks and credit unions to reward consumers for buying local and banking local. Knox Payments offers account verification and fraud guarantee to online merchants, and a single sign-on solution for consumers paying online. Blockstack.io Ldger is Structured Finance 2.0.

Online and Mobile Banking

Fintech Labs Insights

AUGUST 22, 2024

Trulioo: Raised $475M, global identity verification provider, continues to expand, securing contracts with multinational corporations. CREALOGIX: Strengthened its position in Europe with new digital banking tools. iProov: Enhanced security features for online face verification, adopted by more governments. CoinJar: Raised $1.1M

Online and Mobile Banking

Fintech Labs Insights

AUGUST 1, 2016

Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks. SpeechPro’s customer onboarding solution offers multi-channel access to help CTOs, developers and other technologists focus on KYC, identity and verification.

Online and Mobile Banking

Fintech Labs Insights

JULY 22, 2015

Fidor Bank introduced community banking five years ago. Now it is the first bank to offer open RESTful APIs with OAuth2.0, Why it’s a must-see: Being a tailor-made solution, Connectaclick combines Registered SMS/email, email addresses/phone numbers verifications and IDs validation.

Payment APIs and Integration

PYMNTS

JANUARY 15, 2021

As noted in this space earlier in the month, the Office of the Comptroller of the Currency (OCC) said that banks can utilize stablecoins in transactions, among other banking activities. But if the road to stablecoins is getting clearer, don’t expect rush-hour traffic on that road yet, cautioned Allaire. Still In Learning Mode . “A

Stablecoins

CB Insights

MAY 15, 2019

A current pilot program teams Hitachi with KDDI to combine blockchain with biometric verification to allow consumers to make transactions. Intended to mimic the approach of a startup, it aims to find ways to disrupt community banking. Get the entire 43-page PDF. MasterCard — MasterCard Labs. Founded: 2010.

Innovation

PYMNTS

JULY 31, 2018

Such a system should take into account the ability of smaller financial institutions [(FIs)], such as community banks and credit unions, to access innovative technologies and payment services.”.

AI

Finextra

JUNE 30, 2025

Monthly verification of reserves will become standard practice, giving users confidence in the stability of these digital assets. The potential introduction of a consortium-backed stablecoin by major banks could significantly impact the competitive landscape for community banks and credit unions.

Stablecoins

Finovate

FEBRUARY 4, 2025

A newly announced partnership between Algebrik and Plaid will bring seamless identity verification, financial data access, and better decision-making to lenders, banks, and credit unions. The partnership will help credit unions make better, more accurate lending decisions and provide a frictionless, transparent process for borrowers.

Credit Union

Finovate

DECEMBER 6, 2024

” Launched in 2023, Premier Bank was born via the acquisition of the majority shares in First Community Bank, which was founded in 2007. Headquartered in Nairobi, the bank has assets of more than $23 billion as reported in the 2023 Central Bank of Kenya’s Bank Supervision Annual Report.

Finance