PYMNTS
NOVEMBER 6, 2020
Davies , head of lending at Figure, will spearhead the firm’s initiatives to get a bank charter from the OCC and he will become the Figure Bank chief executive officer, according to Cagney. Davies served as CitiMortgage’s chief executive officer and Citibank’s head of global mortgage in addition to Capital One’s president of home loans.
PYMNTS
JULY 29, 2020
The Tel Aviv Stock Exchange (TASE) has launched a new central blockchain securities lending platform in Israel, according to a press release — the first in the area. The project was started in March 2020 and tested lending transactions in the new platform. dollars, with privacy coins not allowed.
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Bank Innovation
MARCH 9, 2018
EXCLUSIVE – SME lender, BlueVine has come together with cross-border payments provider Veem in a move that is indicative of a likely trend where payments and lending companies come together. For Veem, the partnership will let the blockchain-based payments company allow its U.S.-
PYMNTS
MARCH 31, 2020
“Harvest season is usually when farmers spend their capital, and timely payments is crucial, but the time to get paid is extremely varied depending on who you’re selling to. Mitigating Risk With Blockchain. Even the best payers can delay payment.” ” Farming’s Cash Flow Bottlenecks. Looping In The Banks.
PYMNTS
JANUARY 7, 2019
Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions.
PYMNTS
DECEMBER 24, 2019
And for blockchain, a few warning signs have been flashing that all may not be as rosy as some observers may have hoped, had wanted. This is not to say that blockchain is doomed. Exhibit A, of course, would be Long Island Iced Tea, which back in 2017 said it would change its name to Long Blockchain Corp.,
PYMNTS
MARCH 22, 2019
Small and medium-sized businesses (SMBs) are the lifeblood of many economies — Europe’s among them — and working capital is the lifeblood of SMBs. Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. Many companies, he told PYMNTS, rely on private lending.
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