FinTech Cowboys 🤠’s Post

Traditional banks have closed over 22,000 branches since 2009. 🤯 Kyle Costello, AML Senior Manager, Partnerships at Treasury Prime, shares insight on the evolving BaaS landscape and the dynamics of bank-fintech partnerships. “Not every bank will embark on the Banking as a Service journey, but for those seeking attractive growth opportunities and a chance to focus on their core competencies, it stands out as an enticing step into the future.” 🏦 👉 In this blog, Kyle dives into the transformative potential of BaaS partnerships: https://hubs.li/Q02vBNCc0 #BaaS #Banking #Fintech #BankingAsAService

The world of payments and compliance is a wild ride, and we’re here to navigate it with you! Join Leda Glyptis PhD, Simon Taylor, Louise Smith OBE, and Stephen Marshall on February 12th at 11 AM ET for a dynamic discussion on open banking, emerging risks, and how banks and FinTechs are keeping up with the fast pace. Get ready for a mix of expert insights, lively conversation, and actionable takeaways. Hop on board—this webinar is one you won’t want to miss! https://lnkd.in/gsS2tMrU #Payments #OpenBanking #Compliance #FinancialCrime #FinTech #BankingInnovation #Webinar #FinanceTrends #EmergingRisks #FutureOfFinance

"The trend that I think is influencing financial systems over the next three years is interoperability of ecosystems: bringing cross-border payments into real-time rails, into wallets, and just making it simpler to move money around the world." - Rachelle Hildyard, VP Global FIG & Correspondent Banking, Scotiabank #SibosShorts #CrossBorderPayments #Interoperability #OpenFinance #Payments #payment #PaymentsRevolution

An AWESOME conversation w/ TCH’s Chief Client Officer Elena Casal on RTP. Since it’s the number one question I receive every day, here is direct insight into progress. … Legislation v Collective Action … Consumer Experience … Technology layers /accessing RTP rails #TCH #RTP #fasterpayment #adoption #wherearewe? #financialinstitutions #fintech

🌟 Insightful Discussion on Instant Payments with Elena Casal of The Clearing House 🌟 I couldn't agree more with Elena's point that "FIs need to focus on the experience(s) they want to deliver" with their instant payments program. Providing instant payments can be a game changer for a FI's customers, a source of deposits, and a driver of fee revenue today and into the future. Delivering a successful instant payments program starts with having clarity on the experience(s) a FI intends to bring to market to ensure the right foundational decisions are made and the desired results are delivered. As one of the few experienced bankers to have launched a successful instant payments program, I'd welcome the opportunity to discuss how SRM could help you do the same thing for your FI. Let's connect and explore the possibilities! #payments #instantpayments #banking #innovation #fintech SRM (Strategic Resource Management) The Clearing House Elena Casal U.S. Faster Payments Council PayCLT

🌐 Supporting Banks at the Critical Digital Juncture 🌐 The banking industry is at a pivotal moment, where the ability to manage complex, concurrent changes and embrace technology will define the leaders of tomorrow. We're in the business of helping you to stand out as that leader. Our stand-alone credit origination platform is purpose-built to deliver impact—running seamlessly alongside existing systems and providing measurable returns within just 12 to 18 months. We’re excited to bring this innovation to market. Let’s lead the way in making banking more agile, efficient, and future-ready. 🚀 #DigitalTransformation #BankingInnovation #CreditOrigination #Fintech #FutureOfBanking

The Power of Ecosystems for Banking

Orchestrating the Future: Banking’s Critical Digital Juncture 🌐 This article encapsulates conversations we've been having recently. "We are at a critical digital juncture,” said KPMG’s Janine Woodside (FCA) “The ability to relentlessly orchestrate multiple, complex, concurrent changes, whilst harnessing new technology, will increasingly differentiate banks." 🔑 This resonates deeply with what we’re achieving through our stand-alone credit origination platform. Designed to operate seamlessly alongside your existing systems, our platform is up and running within 3 months and begins delivering returns within 12 to 18 months. We’re in conversations with Australia’s major banks to enable them to enhance their credit origination processes without major disruptions or high-risk integrations. It’s an exciting time for banking innovation, and we’re here to drive powerful, effective change. 🚀 #DigitalTransformation #CreditOrigination #BankingInnovation #Fintech #FutureOfBanking

US banking agencies are taking a closer look at fintech partners banks - read this for our thoughts on what could be ahead.

Bank regulators put out a request for information on last Friday (7/26) highlighting potential risks concerning #bank-#fintech arrangements. This is on top of 10+ consent orders + very public bankruptcy proceedings impacting multiple banking and fintech companies. We outline 5 actions in a recent piece for the WSJ - Risk and Compliance. These perspectives were built up from a webcast that we did together with Jason Mikula Jason Cabral Paul Sanford Tara Wensel Hope you find this helpful