Jake Fuchs
@jake_fuchs
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Investor @Fin_Capital_VC | Prev: @basecampfund @banktechventures
stream of conciousness
Joined January 2021
will never fully understand why we were forced to memorize the preamble in 8th grade social studies
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👋🏻 I’m excited to announce I’ve joined the team @Fin_Capital_VC investing in the next wave of B2B fintech companies if you're building in space, let's get in touch! ☕️ is on me if you’re in nyc!
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Agreed, although I always wonder if the cutoff could be higher (why not $1B?) I noted the undue burden that the rule could place on smaller banks in a post shared 2 weeks ago 👇 https://t.co/Ag78HhOpHq
medium.com
The concept of open banking has garnered increasing attention in the U.S., as regulators, fintech companies, and banks alike seek to…
Big win for today is the exemption of banks under $850mm in assets from #openbanking rule implementing section 1033 of Dodd Frank. That covers approx. 71% of IBAT member banks.
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Big win for today is the exemption of banks under $850mm in assets from #openbanking rule implementing section 1033 of Dodd Frank. That covers approx. 71% of IBAT member banks.
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Published a thought piece on how rate cuts will impact community banks and the tech co's selling to those banks https://t.co/jW5fXjLdMA s/o @commbankerguy for the transparency of their bank's performance
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55.5k followers is crazy I made this account as a joke F it….i am gonna raffle off a vintage Rolex datejust because I love you all and I’m a little tipsy Get this post to 5,500+ Likes ReTweets Comments And it’s a done deal 🤝 Rules are as follows: 1) comment or tag
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Community banks have always been pillars of trust in their communities, but the digital age demands a “high-tech, high-touch” approach. @jake_fuchs dives into how they can adapt while staying true to their roots. 🌱 #banktech #fintech #communitybanking
https://t.co/1AuLAq76UX
medium.com
The Legacy of Community Banks: A Pillar of Local Trust
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Our team member @jake_fuchs dives into the importance of #AML technology for community banks in his latest article. Discover how advanced tools are boosting compliance and safeguarding against financial crimes. 🛠️🏦 #banktech #fintech #communitybanking
https://t.co/gVcP62Az8o
medium.com
Understanding AML and Its Importance
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man @KingJames really should've brought his barber with him from LA that beard is in desperate need of some fresh coloring
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Community banks can learn from @AmericanExpress success in winning younger consumers! By focusing on lifestyle benefits, exclusive experiences, and robust digital engagement, banks can attract Millennials and Gen Z cc: @FinancialBrand @BankTechVC
https://t.co/TwZnmhM8wo
thefinancialbrand.com
A strategic focus on personalization, digital innovation and lifestyle experiences has propelled the AmEx brand into Gen Z wallets.
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clarification - only certain loans were placed into this forbearance
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just discovered that the federal government placed an administrative forbearance on all federal student loans from 4/8/2024 - 5/4/2024 during which all auto payments were frozen those same loans still accrued interest during the period though essentially penalizing borrowers
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wrote down some of my thoughts on the @synapsefi saga and where I think BaaS goes from here — read more here:
medium.com
What lies ahead for BaaS and Sponsor Banking? Preface In light of the current events surrounding Banking-as-a-Service (“Baas”) and Sponsor Banking — specifically, the saga unfolding around the …
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new phone background 📱
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if you haven’t tweeted the jensen huang photo today, are you really a VC?
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