FinTech | Banking | Data, it’s what we do!?It has been a VERY busy week - so let’s get right to it.?Here is the?Uncle Sean Update for 1/27/23:
- The BaaS Association?announced the hiring of?Bill Briggs as Chief Executive Officer.?Bill brings a wealth of knowledge and experience having recently served as the Acting Associate Administrator in the U.S. Small Business Administration (SBA) Office of Capital Access where he oversaw all aspects of the historic Paycheck Protection Program (PPP).
- Briggs stated, “I look forward to working with bankers, financial technology providers, regulators, and lawmakers to outline our priorities as an industry association as we expand Banking as a Service nationwide."
- ICYMI – check out this?Banking with Interest interview with Bill Briggs?hosted by Rob Blackwell as Bill discusses his vision for?The BaaS Association.?
- Bankers Helping Bankers?announced?PULSE? debit network as its exclusive debit partner?for the BHB platform providing “debit expertise, insights and thought leadership to help community financial institutions improve their debit programs, strengthen operations, mitigate fraud risks and engage account holders.”?
- WHOA – talk about kicking off the new year with some momentum!!!?Congrats to?MOCA Financial?as they announced the successful?launch of three community financial institutions?plus three more launching in the next 45 days.?Nice work for the good folks over at?MOCA!!!
- I love this –?Augustana University?has partnered with?Pathward, N.A.?(f/k/a MetaBank) and is launching a?financial technology major?undergraduate program.
- For more info, check out the?Augustana University Fintech Program by Pathward?.?Very cool!!!
- This is pretty big news - the?Federal Reserve Board?officially announced the?denial of application by Custodia Bank, Inc.?to become a member of the Federal Reserve System.?Something tells me we haven’t heard the last of this….
- The?NCUA?has been busy over the last few days:
- Late last week, the NCUA?conserved Valwood Park FCU?(charter 21788; $28M Total Assets as of Sept call report) due to the all-inclusive “unsafe and unsound practices” doctrine.
- Sure feels like there is more to this story as Valwood Park is profitable with no real delinquency issues and well capitalized with a Net Worth Ratio of 14.15% (Sep 22).?Maybe the Dec call report will shed more light once they report.
- This week, the NCUA?released Edinburg Teachers Credit Union?(charter 66366; $96M Total Assets as of Sep) from conservatorship.?Edinburg Teachers was previously conserved back in Mar 2021.
- Congrats are in order?for hard work and diligence on behalf of the CU employees - being successfully released from conservatorship doesn’t happen very often.
- Axiom Bank, N.A.?announced they have?selected Cable's platform to automate financial crime compliance?for Axiom’s fintech sponsor program.
- Grasshopper Bank?announced a?new partnership with MANTL?to strengthen the banks online business account opening / deposit origination platform and build out a “fully-automated business online loan origination solution from the ground up.”
Chief Executive Officer, Atlantium Asset Management Group, (AAMG)
2 年Good day Dave. Could you please tell me if FinTech Cowboys does any type of development in the wire payment systems or API connectivity (Ledger to Ledger), or know of any FINTech companies that develop API connectivity? I would appreciate your reply. Thank you, Shane Jones mobile 770-687-7954 PST zone, Email?[email protected].
Chief Executive Officer, Atlantium Asset Management Group, (AAMG)
2 年Could you please tell me if FinTech Cowboys does any type of development in the wire payment systems or API connectivity (Ledger to Ledger)? I would appreciate your reply. Thank you, Shane Jones mobile 770-687-7954 PST zone, Email [email protected].
SVP Marketing and Corporate Training
2 年He ain't lyin'!
Chief Revenue Officer (CRO) | Fintech | Enterprise Sales | B2B SaaS GTM
2 年The BaaS Association
Consultant, Banker, Philanthropist, and More
2 年Good stuff here!