community banks

Huawei Veterans Selling AI to Banks Shape China’s Newest Unicorn

Huawei Veterans Selling AI to Banks Shape China’s Newest Unicorn

(Bloomberg) — Fourth Paradigm is the latest Chinese startup to net a valuation north of 1 billion. Founded just three years ago by Huawei Technologies Co. veterans, the Beijing startup is fast winning favor among state-backed banks preparing a plunge into artificial intelligence.

Read More
Community Banks Form Fintech Alliance: Should You Join?

Community Banks Form Fintech Alliance: Should You Join?

A dozen American community and regional banks have formed a consortium, called Alloy Labs Alliance, dedicated to exploring fintech opportunities. The Alliance, which is being managed by Fintech Forge, is designed to help smaller banks pool their resources in the quest to stay relevant in the digital age.

Read More
Independent Community Bankers of America Launches Fintech Accelerator

Independent Community Bankers of America Launches Fintech Accelerator

The Independent Community Bankers of America (ICBA) has teamed with the Venture Center in Little Rock, Arkansas to launch the ICBA ThinkTech Accelerator, a community bank-focused program.

Read More
American Community Banks Form Fintech Alliance

American Community Banks Form Fintech Alliance

A dozen American community and regional banks have formed a consortium, called Alloy Labs Alliance, dedicated to exploring fintech opportunities. The Alliance, which is being managed by Fintech Forge, is designed to help smaller banks pool their resources in the quest to stay relevant in the digital age.

Read More
Fed Backs Community Bank Regulatory Overhauls

Fed Backs Community Bank Regulatory Overhauls

The U.S. Federal Reserve caught the attention of the financial services market this week with Fed Governor Lael Brainard’s speech Wednesday (Oct. 3) on the rising demand for faster and real-time payments. But, the Fed also touched on another aspect of the finserv market: small business banking and lending.

Read More
Credit Unions, Community Banks Can Pool Resources to Fight Money Laundering

Credit Unions, Community Banks Can Pool Resources to Fight Money Laundering

Federal regulators ruled Wednesday (October 3) that credit unions and community banks can pool resources for anti-money laundering compliance so that they can protect against financial crimes and at the same time keep their costs down. The Wall Street Journal, citing a statement from the Federal Reserve, the Federal Deposit Insurance Corp.

Read More