PYMNTS

SEPTEMBER 20, 2018

Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Swimming against that tide is China-based P2P lending provider X Financial. Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives.

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The Financial Brand

JUNE 23, 2023

This article Avoiding ‘Me-Too’ Fintechs with Unusual Banking-as-a-Service Strategy appeared first on The Financial Brand. New York BaaS provider Piermont Bank works with business-focused fintechs and expects its strategy to lend greater resilience even as other players bow out.

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Strategy Fintech New York Branding 32

PYMNTS

SEPTEMBER 28, 2020

“We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. At the conclusion of this process, I remain profoundly impressed by the strength of Neiman Marcus and Bergdorf Goodman, the commitment of our associates, the unwavering support of our brand partners and the loyalty of our customers.”.

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PYMNTS

SEPTEMBER 14, 2020

So we looked at the financing end, and then all of those lending options. We're also seeing a tremendous number of the larger brands trying to remove other sellers of their product. And the private-label sellers and people who have developed their own branded products can use the same tools to protect their sales.

Capital 214

Capital Long Beach Branding Guidelines 214

PYMNTS

MAY 31, 2019

Bloomberg reported Keane was at the Bernstein Strategic Decisions Conference in New York on Friday (May 31) when she made her comments. Goldman Sachs said that because it doesn’t have the same legacy costs as many of its competitors, its consumer lending initiative is at an advantage.

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Apple Cards New York Branding 122

PYMNTS

JUNE 13, 2018

The company is doing so by taking a minority stake in b8ta , a three year old firm that CNBC reported helps brands build out their physical store footprint. The model that STORY has built in their location [in New York] is entirely about experiential retail … [and] the same concept is behind Market @ Macy’s and b8ta.”

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United States New York Retail Lending 100

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

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PYMNTS

FEBRUARY 20, 2018

Late payments and out-and-out defaults and charge-offs are on the rise across a few lending segments. According to the New York Federal Reserve, household debt surged in the final quarter of 2017 to $13.15 A fair portion of that interest rate, according to the Fed, was an uptick in mortgage lending. Student Lending.

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PYMNTS

MAY 28, 2019

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. Mallzee created a digital mall where consumers can compare many different retail brands. Brands can learn about their consumers by showcasing their goods on Mallzee and gauging response.

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Apple Mobile Fraud Branding 159

PYMNTS

SEPTEMBER 5, 2018

in particular had a humble beginning as a “stationery and fancy goods” store founded in New York by Charles Lewis Tiffany and John B. Already, the retailer has a secret salon tucked above the main jewelry floor that looks like a New York City apartment, which is dedicated to its high-end clients. Tiffany & Co.

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Retail New York City New York Maine 102

CB Insights

OCTOBER 26, 2017

Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Inked Brands. $ New Jersey. Regent Education.

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United States Fintech North Carolina Rhode Island 78

Bobsguide

MARCH 28, 2022

Dubai, UAE, London, UK, New York, US – March 28, 2022 – Finastra today published a market assessment report: ‘Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance’. SME lending, corporate lending and corporate treasury/FX services are poised to gain the highest traction. . •

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PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. You have to think of it as a complete experience, which lends itself to multiple channels.”.

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Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

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PYMNTS

MARCH 15, 2019

As reported in The New York Times and elsewhere, the extension may be voted on by Parliament to last a few months, or it may go toward the end of 2020. billion valuation as it seeks to become a lifestyle brand – think sneakers and clothing beyond the jeans scene – on a global stage. would, in fact, stay in the European Union.

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Apple social media Fintech Lending 116

PYMNTS

MARCH 15, 2019

As reported in The New York Times and elsewhere, the extension may be voted on by Parliament to last a few months, or it may be go toward the end of 2020. billion valuation as it seeks to become a lifestyle brand – think sneakers and clothing beyond the jeans scene – on a global stage. The company may come to market with a $6.2

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Apple social media Fintech Lending 101

Jeff For Banks

MARCH 3, 2018

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? In the above blog post, I discussed Apple and Bank of New York Mellon. SunTrust - Developed Lightstream , a national online lending platform to provide consumer loans for practically any purpose.

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Apple Millennials Massachusetts FDIC 66

PYMNTS

JULY 15, 2016

We understand that sometimes brands do things in an effort to get a little boost so that people notice. Lending Club Algorithms . It is truly not our intention to call out Lending Club week after week in this column as a fizzle. The article also reported that Lending Club had verified income for only 26.8

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

JULY 17, 2016

What happened next is recent retail history – millennial consumers hit the market and embraces fast fashion en masse so fast and hard that the conclusion of the marketplace was that fast fashion was the wave of the apparel future – and that brands that survived were going to be the ones that learned how to surf. person decline.

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Retail New York Millennials Branding 100

Gonzobanker

OCTOBER 24, 2018

March 2017 – Wells failed the OCC community lending test, the Feds uncovering “violations across multiple lines of business within the bank” and “significant harm to customers.” Oct 2018 – Wells agrees to pay $65 million in a settlement with the New York attorney general for failure to report issues with cross-selling practices to investors.

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San Francisco Industry America Compliance 143

Gonzobanker

DECEMBER 17, 2021

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. We salute a legend of lending and credit union leadership. The most important aspect of this deal is Huntington.

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Fintech Strategy Leadership Lending 143

South State Correspondent

MAY 1, 2024

Honkook Kim and his Gentle Monster Brand is a perfect example. The Banking Innovation Playbook – Step 1: Find a Niche Kim looked at the market and knew he needed traction in at least a single segment where he could create a brand and a following for Gentle Monster. Find the gap in one segment and build success from there.

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Innovation social media Branding Marketing 195

PYMNTS

AUGUST 29, 2016

You won’t find too many technology companies that could lose this much money, this quickly,” said Aswath Damodaran, a business professor at New York University, in the report. The lending limits on the card tend to sit between $300 and $1,000, with annual percentage rates of 19–29 percent, in addition to annual fees.

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Cards Capital Louisiana Lending 101

William Mills

FEBRUARY 4, 2016

Additionally, the rise of the mobile wallet, use of big data and increasing efforts by banks to remain relevant in lending are other areas of interest and opportunity for financial institutions this year. Fraud prevention and person-to-person (P2P) payments also draw attention.

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Report Big Data Analytics Strategy 40

Independent Banker

DECEMBER 31, 2022

Anita Drentlaw , CEO, president and CFO at $190 million-asset New Market Bank in Elko New Market, Minn. Jill Sung , president and CEO of $325 million-asset Abacus Federal Savings Bank in New York City. So we’re careful when we lend out commercial real estate loans. The ICBA view on… Lending.

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Community Bank Community Tampa North Carolina 91

PYMNTS

SEPTEMBER 22, 2017

Startup formation is fizzling, according to New York Times reports – and dragging down the rest of the economic landscape with them. But the new shape of the slowdown has caught economists somewhat off guard and raised concerns. That is related to, but slightly different from, the regulatory hurdles that new businesses face.

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US Apple Innovation Regulation 108

Fintech Labs Insights

SEPTEMBER 16, 2015

By combining these features, you are able to drive greater user engagement, increase brand touchpoints, and build customer loyalty in previously unavailable ways. The analytics produced by the UFT Platform also drive growth in other areas of your business, such as lending or other complementary offerings. HQ: New York, NY.

Digital Banking 12

Digital Banking Analytics New York Branding 12

Fintech Labs Insights

DECEMBER 11, 2015

While these statements sound like a Luddite’s mantra, they are the basis for LiftForward’s new platform. LiftForward launched in 2013 as a marketplace loan platform where investors lend small businesses up to $1 million. Headquartered in New York City. Metrics: 10 employees. Founded 2013. Funding: $2.3M

New York City 12

New York City Case Study New York Lending 12

Fintech Labs Insights

JANUARY 7, 2016

It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. HQ: New York City. HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. Person-to-person lender . Total raised: $46 million.

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St. Louis social media Company Fintech 12

CB Insights

OCTOBER 29, 2018

For Google’s part, it kept releasing its own branded phones under the Nexus brand, partnering with Samsung, Asus, and LG to manufacture these devices, and further eroding the value of the Motorola acquisition. When you’re a powerhouse brand, it can be hard to see that the times are changing. ” 11.

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Google Software Innovation Company 76

PYMNTS

APRIL 11, 2016

It’s not as if a person making the request for a tissue, pain reliever or bandage was specifically asking for a Kleenex, Bayer Aspirin or Band-Aid brand item. But, over many decades, these three brand names achieved such dominance in their categories that they became the most natural way for people to refer to all products in that category.

San Francisco 100

San Francisco Operations Examples Branding 100

FICO

FEBRUARY 10, 2017

Here are a couple of interesting (though nascent) examples from both online lending and traditional banking: Prosper Daily - Prosper Marketplace made headlines in September of 2015 with its acquisition of BillGuard , a personal finance app provider, for $30 million.

Online 40

Online Tools New York City Analytics 40

FICO

FEBRUARY 9, 2017

Here are a couple of interesting (though nascent) examples from both online lending and traditional banking: Prosper Daily - Prosper Marketplace made headlines in September of 2015 with its acquisition of BillGuard , a personal finance app provider, for $30 million.

Online 40

Online Tools New York City Analytics 40

Tefkin

MARCH 12, 2014

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. A new carrier? Creating a new insurer is expensive. If we take the example of Oscar, a New York based Health Insurance firm. A classic case of Innovator’s dilemma.

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Comparison Lending Examples Data 34

Fintech Labs Insights

OCTOBER 11, 2016

Lending, and banking, small businesses. None of those strategies are new, and you have likely dabbled in a many of them already. Traditional home equity lending : Installment loans, lines of credit, and so on. Here’s a list of perks to offer new homebuyers/renters: Homeowners club with content, discounts and offers.

social media 12

social media Strategy Community Seattle 12

PYMNTS

MAY 31, 2016

And maybe I’m not really cool either, but the notion that I’m going to lend my car to someone for $10 a hour to run errands (Get Around), and that anyone would even want to when there’s this thing called Uber and Lyft to get me where I want to go without the hassle of parking – I’m not convinced.

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San Francisco Meeting Video Course 100

PYMNTS

FEBRUARY 10, 2020

The government has said that the new tax will not apply in instances when a seller’s gross sales across an eCommerce operator through the previous 12 months have been less than about 5 lakh rupees (500,000 rupees or just under $7,000 USD).

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