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Tag Archives: banking

Has the Time Come for Banks Run by Cities and Voters?

“We planted a seed,” tweeted Public Banks L.A., the day the organization’s ballot measure—which would have created the country’s first city-led public banking institution—failed last year in Los Angeles. “This is just the beginning.” Turns out, they were right. After voters in L.A. rejected the measure that would have allowed …

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Digital disruption could make or break the banking sector

The process of digitalisation has been challenging banks and financial institutions for more than two decades. Some of the biggest changes they face today include the unification of digital systems, the automation of processes and the establishment of efficient means to comply with regulations. Consequently, banking technology providers are now …

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Smartphone Banking Is for Me. Regulators, Please Help.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”(Bloomberg Opinion) — As a client of the German smartphone;bank N26, I wasn’t surprised to read Thursday morning that it’s valued at $3.5 billion despite not yet being profitable. There is, however, a risk built into its business model —;one that’s hard …

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Stifel Launches Venture Banking & Lending Group to Serve U.S. Innovation Ecosystem

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”ST. LOUIS, July 18, 2019 (GLOBE NEWSWIRE) — Stifel Financial Corp. (a href=/q?s=sfSF/a) today announced the successful launch of a venture banking and lending business, dedicated to providing debt capital financing and commercial banking solutions to growth companies and their backers. A …

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Exela’s Banking and Financial Solutions Suite Recognized by Everest Group

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”emCompany receives Major Contender designation in multiple PEAK Matrix™ reports /em” data-reactid=”11″>Company receives Major Contender designation in multiple PEAK Matrix™ reports <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”IRVING, Texas, July 18, 2019 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (a …

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M1 Finance Reaches 100K Funded Accounts, Prepares To Launch Banking Feature: ‘The Comprehensiveness Of The Platform Makes It Unique’

As M1 Finance — a robo-adviser platform that advertises its ease of use — expands its user base and moves into the traditional banking space, CEO and founder Brian Barnes spoke with Benzinga for an update on the company. About M1  Stanford graduate Barnes, who has hedge fund and consulting experience, told Benzinga that he leveraged …

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