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Online Lending To Small Business Increases 50 Percent Between 2015 And 2017

PYMNTS

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based billion in 2015. The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S.

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Wells Digital Guru Talks Innovation Groups, AI, and Banking’s ‘Uber’ Moment

Bank Innovation

How do you choose where to focus your innovation team? Floyd, who joined Wells Fargo in 2015, has worked in the tech industry for more than 30 years, and for companies like Intuit, eBay, and IBM. Marie Floyd, senior vice president of digital customer experiences for Wells Fargo, has some tips. In her time at […].

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Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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Grocers Pilot Micro-Fulfillment Centers To Speed Up Online Orders

PYMNTS

The shop owners are looking to see if automation can make deliveries quicker while keeping costs down, as they work with a new roster of companies that seek to increase the efficiency of online order fulfillment in a small amount of space, The Wall Street Journal reported. Online orders still comprise a small portion of the U.S.

Online 141
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BankBazaar Turns 15: Celebrating a Decade and a Half of Innovation and Diversity

BankBazaar

And as they say, the rest is history! $60 Million Jackpot: Funding Frenzy in 2015 Fast forward to 2015, and BankBazaar struck gold with a whopping $60 million in Series C funding. With this innovation, customers could complete the Know Your Customer (KYC) process online, swiftly and effortlessly.

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Foot Locker Invests $100M In Online Sneaker Reseller Platform

PYMNTS

Legacy retail company Foot Locker has invested $100 million in Goat Group, an online platform that sells and resells rare and classic sneakers, according to reports. Eventually, the two companies will collaborate for an online presence as well as in physical stores, to offer customers exclusive shopping opportunities. million so far.

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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

These are some of the ways that innovators in the dining space are making it easier for consumers to order their favorite foods — and for restaurants to accept their orders: The projected value of online restaurant delivery sales by 2022, compared to $25 billion today, is $62 billion.