Bank Innovation

MARCH 23, 2018

As mobile wallets and consumer-to-business payments platforms grow in popularity as the preferred payment method among retail shoppers, it seems only natural that merchants should consider digital POS lending or instant financing options as a means to encourage more online purchases. Indeed, they are. Read More.

Online 218

Online Lending Survey Retail 218

PYMNTS

OCTOBER 20, 2020

As retailers get into the thick of the holiday selling season, several emerging digital-first options are coming to the fore. Many of them capitalize on new platforms for social commerce and a relatively new concept called shoppable media. The concept is similar to social commerce, but has key differences.

Retail 151

Retail Branding Strategy Capital 151

Bank Innovation

AUGUST 15, 2018

Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

Lending 282

Lending National Marketing social media 282

PYMNTS

JULY 19, 2016

Lending Club, which has been struggling to recover from loan errors and the departure of its Chief Executive (among other issues), has named Patrick Dunne, a veteran of BlackRock, as its new chief capital officer. Dunne is well known in financial circles and his appointment is seen as a boon to the beleaguered Lending Club.

Lending 100

Lending Capital San Francisco Fintech 100

South State Correspondent

MAY 9, 2024

This data is critical for pricing, capital allocation, and marketing. ” The reality is that banks should be much more granular in their ratings to allocate capital more efficiently. Retail is the other sector worth noting as it is the opposite of multifamily. When you write a blog, your work is there for all to see.

Data 195

Data Trends North Dakota Capital 195

PYMNTS

DECEMBER 7, 2020

With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues.

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Capital Online Tools Lending 356

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

FEBRUARY 3, 2020

Goldman, according to reports in Bloomberg, would be added to the Amazon lending platform, which has traditionally helped merchants get the funding they need to get inventory. Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission.

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Lending Apple Study Online 146

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.

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Lending Fintech Atlanta Capital 116

PYMNTS

DECEMBER 2, 2020

billion in sales for the holiday, smashing records for the biggest online shopping day ever, according to Adobe Analytics. Adobe adjusted its online sales forecast to $184 billion for the entire holiday season (down from $189 billion), a 30 percent hike over 2019. Stripe Capital Extends Business Lending To Online Platforms.

Payments 140

Payments Capital Lending Retail 140

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. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 30, 2019

More than $213 million was raised, with investors targeting a range of solutions from alternative lending to document and application programming interface (API) management. based Salaryo will focus on scaling its online service that connects freelancers and entrepreneurs with financing for security deposits on co-working spaces.

Capital 100

Capital California Groups Industry 100

PYMNTS

FEBRUARY 25, 2020

Kraft Heinz, one of the world’s prominent global food and beverage companies, operates Evolv through a team effort, involving food, startup and venture capital professionals. Online sales still aren’t a huge force in grocery retail in the U.S. Evolv Ventures is most known as the venture arm of Kraft Heinz.

Lending 130

Lending Retail Capital Operations 130

PYMNTS

JANUARY 18, 2017

Misys is offering banking clients access to its P2P lending software, reports said Tuesday (Jan. The financial technology firm revealed it will offer banks access to its peer-to-peer lending technology to help banks compete with younger alternative lenders in the industry.

Lending 100

Lending Software Financial Technology Online 100

PYMNTS

AUGUST 25, 2017

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. Moving into lending news, U.K.-based based online lender Prodigy shared its funding news. With these new funds, it will help accelerate its expansion into the U.S. Virgin Islands consumers.

Puerto Rico 100

Puerto Rico Virgin Islands Retail Google 100

PYMNTS

JUNE 24, 2016

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 Online to offline coming to Walmart near you, and we mean that sincerely.

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Lending Online South Dakota North Dakota 101

PYMNTS

SEPTEMBER 17, 2020

We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. the San Francisco-based peer-to peer lending firm and OnDeck Capital, the New York-based online small business lending company, which went public at the time were already trading down, Housing Wire reported.

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. across credit cards, online savings and loans,” said Rodrigues. and Germany.

Capital 100

Capital Cards Delaware Payments 100

Bank Innovation

MAY 9, 2016

Investors were looking to today’s Lending Club Corp. earnings as a sign of validation for the troubled marketplace lending sector. Instead, they got scandal. The company said Renaud Laplanche has resigned as chief executive and chairman after an internal review found sales of $22 million in near-prime loans to a Read More.

Lending 150

Lending Company Capital Online 150

PYMNTS

JANUARY 19, 2021

In an effort to strengthen its offerings to SMBs, Romania’s NETOPIA Payments is integrating a lending feature from Bulgaria’s TBI Bank. The collaboration will connect SMB users of NETOPIA to an online business loan from TBI from directly within the Netopia platform, a report said. ní banka Taps Temenos. The Czech Republic’s Komer?ní

Fintech 341

Fintech National Groups Tools 341

PYMNTS

JULY 24, 2017

People thought no one would ever buy art online, sight-unseen. The art world has been one of the industries most resistant to change and to moving online,” said Anna Carey, a spokeswoman for the online art marketplace Artsy , a global platform for discovering and collecting art. The market is headed in that online direction.”.

Online 125

Online Marketing Capital Industry 125

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

AUGUST 11, 2017

Small businesses and startups need to grow — and online lenders of varying stripes have grown up to meet that need. Once easily categorized as “the alternative financial services players” through white labeling, partnerships and acquisitions, these alternative online lenders are very much becoming part of mainstream operations.

Lending 117

Lending Capital Video Online 117

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

Retail 262

Retail Video Digital Banking Bitcoin 262

PYMNTS

SEPTEMBER 20, 2020

Many SMEs, he said, will fail because of a lack of access to working capital or other support in the current economy, which will lead to those companies’ “ambition, energy & creativity extinguished, along with reduced consumer choice and countless jobs,” AltFi wrote. retailers spiked 44 percent year-over-year in the second quarter.

Cards 254

Cards Fintech Management Lending 254

PYMNTS

JUNE 14, 2016

There is little we find more inspiring than money moving from one point to another, with the possible exception of how better, smoother transfers can be used to reinvent a consumer’s entire retail (and perhaps living) experience. Things aren’t exactly looking better in the post-Lending Club, increased interest rate era.

Lending 100

Lending Conference Capital Report 100

PYMNTS

JULY 14, 2020

In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. Silicon Valley FinTech Affirm is also a regular in the top 5 this year. The account comes with 1.30

Lending 130

Lending FDIC Minneapolis Utah 130

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. The consumer bank will be divided into one section focused on consumer lending, and the other on branches and small businesses.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

MAY 7, 2020

All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. But revisiting management commentary and specific sub-segments of the reported data — specifically Square Capital and Cash App — shed additional light on where merchants see opportunity and challenge right now.

Maine 141

Maine Online Capital Retail 141

PYMNTS

JANUARY 7, 2020

Singapore’s FinTech firm ADVANCE.AI , Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits in Singapore. Their holders can take deposits from retail customers, but must have $1.5

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

CB Insights

OCTOBER 24, 2018

get the entire 47-page lending report. See how startups and big tech are reinventing traditional lending. Download our deep dive into the disruption of lending. As competition increases and POS lending goes mainstream, startups are raising substantial funds to grab market share. valuation (10/8). Top players.

Millennials 65

Millennials Lending Cards Capital 65

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

South State Correspondent

JANUARY 20, 2023

Even though many loans were booked at below-par value (more information HERE), increasing margins helped drive significant revenue resulting in one of the best years for an initial risk-adjusted return on capital. The other ultra-competitive sector was owner-occupied lending backed by real estate to medical professionals.

Lending 195

Lending Community Bank Community Data 195

PYMNTS

MARCH 4, 2020

Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia. Ant Financial is China’s biggest firm in the $27 trillion Chinese payments market and is expanding into consumer lending.

Samsung 160

Samsung Groups Capital Fintech 160

PYMNTS

SEPTEMBER 17, 2018

Amid China’s efforts in recent months to boost small business activities – notably through initiatives that focused on small business lending in that country – Alibaba Group’s Taobao expanded its Maker Festival to be global in scope, with a spotlight on the youngest of entrepreneurs. The September event, which spanned Sept.

Millennials 134

Millennials Lending Retail Trends 134

PYMNTS

OCTOBER 4, 2019

based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. See all of the latest B2B fundraises below.

Capital 128

Capital Lending California Regional 128