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How Opening Bank Data Can Transform SMB Lending

PYMNTS

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S. .

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Getting Started On Embedded Finance

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This can include offering lending services or creating embedded bank accounts for other businesses or consumers. There are many third-party ‘banking-as-a-service’ companies that use API integrations to embed financial services into the user experience of non-financial companies. Embedded Finance and Blockchain .

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Bitcoin Daily: VeChain Blockchain Platform Loses $6.7M In Cyberattack; Bottle Pay Bitcoin Startup Shuts Down Amid New EU Regulations

PYMNTS

million from the VeChain Foundation, which is the group behind the VeChain public blockchain platform construction, Yahoo Finance reported. VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis.

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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

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Can FinTech Walk The FinTalk?

PYMNTS

Blockchain. Marketplace lending. Blockchain. Take the blockchain. An alien landing on Earth and reading the popular tech press would be thoroughly convinced that blockchain is the biggest thing to have happened here since the invention of indoor plumbing. Digital banks. billion by 2021.

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Blockchain Tracker: Impacting The Sharing Economy?

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In order to thrive, the sharing economy requires various people to lend their resources. We spoke with IBM’s VP of global blockchain market development, Jesse Lund, to learn more about how this move via the sharing economy is changing business as usual. Blockchain Technology and The Sharing Economy.

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Finastra Reimagines Originations With Fusion Credit Connect Rollout

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The company said in an announcement that business lending end users are able to have an enhanced customer experience throughout the entire time of securing as well as drawing down on a loan. Ripple had joined forces with Finastra to let banking customers use blockchain payments network RippleNet per a report in October.