Let's Talk Payments

SEPTEMBER 12, 2017

New York is one of the hottest FinTech hubs globally and is known to be a notable hub of innovation. For talented entrepreneurs looking to explore New York as the.

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New York Fintech Industry Innovation 111

Bank Innovation

NOVEMBER 21, 2019

Fundera, a New York-based small business lending marketplace, is partnering with UPS to offer loans to UPS clients. The tie-up, announced this week, puts Fundera’s lending platform on UPS’ warehouse logistics platform Ware2Go, letting businesses access loans while they’re building supply chain solutions. “As

New York 243

New York Lending Customer Experience 243

Bank Innovation

AUGUST 19, 2016

Today it was revealed that banking giant Goldman Sachs will be launching an online retail lending operation called Marcus, after founder Marcus Goldman, as reported by the New York Times, The operation will likely roll out this October, and will start by offering small consumer loans from $15,000 to $20,000.

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Lending New York Operations Online 150

BankNXT

MARCH 10, 2017

Brett King takes Breaking Banks to LendIt in New York, to talk innovation in lending, as well as other top-of-mind fintech topics. Innovations in lending at LendIt 2017 on BankNXT.

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Lending Innovation New York Fintech 49

Bank Innovation

DECEMBER 7, 2016

China has outstripped fintech hubs like London, New York, and Silicon Valley, and is now the global leader in financial innovation, according to a new report released by financial service firm EY and DBS Insights.

Innovation 150

Innovation Fintech Report New York 150

Bank Innovation

NOVEMBER 27, 2017

The report, called Fact versus Fiction: FinTech Lenders, was released last week during the Digital Lending + Investing Conference in New York, […].

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Fintech New York Conference Lending 326

PYMNTS

JUNE 22, 2018

Treasury Department is poised to release a report over the next few weeks that will give some recommendations on regulating financial services, with a nod to the advantages of FinTech efforts and sandboxes that encourage innovation. Other tech-driven areas include digital financial planning.

Innovation 129

Innovation Fintech Regulation New York 129

Bank Innovation

JANUARY 26, 2020

New York City-based Grasshopper Bank is geared toward startups, with a focus on pain points for founders. Jeremy Shure, global head of Grasshopper’s early-stage practice, told Bank Innovation that the company serves founders where the banking industry […].

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New York City FDIC New York Innovation 243

Bank Innovation

NOVEMBER 3, 2017

EXCLUSIVE- After just over a year in operation, what’s next for Marcus, the consumer lending platform operated by incumbent bank Goldman Sachs? During the Digital Lending and Investing Conference currently taking place in New York today, Omer Ismail, chief commercial officer of Marcus from Goldman Sachs, highlighted a few areas.

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New York Lending Conference Operations 218

Bank Innovation

AUGUST 19, 2019

Better.com, a New York-based mortgage lending startup, raised $160 million in a Series C funding round on Monday to develop new products, hire new employees and launch new partnerships.

New York 186

New York Lending Capital 186

Bank Innovation

APRIL 19, 2017

Among the endless rows of tech startups from all imaginable industries– from rideshare, to edtech, and beauty– seven fintechs rose to show off their latest during the TechDay event in New York yesterday. Qplum The startup, launched […].

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Fintech New York blockchain Lending 294

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

Bank Innovation

MAY 30, 2019

The New York-based startup pays depositors a 7% yield on the funds it lends at 9%. Celsius, the crypto banking startup, now has $250 million of deposits, with $50 million coming in just the last couple of weeks. Celsius positions itself as a bank deposit product killer. Deposits, which are not insured, are held in […].

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New York Lending Retail 186

PYMNTS

MAY 6, 2019

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6

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National Fintech New York Exercises 165

Bank Innovation

SEPTEMBER 26, 2018

If Finovate Spring was dominated by companies in lending and underwriting, then Finovate Fall was all about startups and service providers equipping banks with tools to help them provide better customer service.

New York 150

New York Analytics Lending Tools 150

Bank Innovation

FEBRUARY 13, 2018

Back in November, Bank Innovation reported the New York. EXCLUSIVE – PFM platform MoneyLion now has two million customers on its app. That number is a milestone for the fintech that launched a little over four years ago. based personal finance app’s user base to be 1.5

New York 231

New York Fintech Innovation Report 231

Bank Innovation

MARCH 16, 2016

Millennials hate credit — but a new service called Lenny is out to change that. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Lenny is meant for mobile (of course) and launched today in California.

Millennials 150

Millennials Mobile Florida Lending 150

Bank Innovation

SEPTEMBER 12, 2017

Cagney’s departure, as reported yesterday by The New York Times, follows several lawsuits for sexual harassment and wrongful termination filed against the lending startup in 2017. Mike Cagney, the chief executive officer of online lender Social Finance, better known as SoFi, will be leaving his role at the end of this year.

New York 150

New York Lending Online Report 150

PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. None of the information on the database, which held 86 million lines of daily updating records of the lending platform, was encrypted.

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Regulation Bitcoin New York Online 108

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. ADP Eyes Payroll Card Adoption Jump. In a collaboration with U.K. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

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Cards New York Capital Compliance 208

PYMNTS

SEPTEMBER 28, 2020

One such example is Ithaca, New York-based Alternatives Federal Credit Union , which teamed up with local government entities and other agencies in its county to pool forgivable loans of up to $4,000 apiece for Ithaca’s small businesses. Thinking Outside The Lending Box. Innovating Credit Products. The intended $1.4

San Francisco 150

San Francisco Lending Community Innovation 150

PYMNTS

AUGUST 7, 2020

following its debut on the New York Stock Exchange on Thursday (Aug. the Detroit-based parent of mortgage lending giant Quicken Loans, reduced its bid to go public to $2 billion. Shares of Rocket Cos. percent to $21.51 6) under the ticker “RKT,” after opening at $18.00 a share, the same as its IPO price. “If On Wednesday (Aug.

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Detroit Wisconsin New York Company 160

Bank Innovation

JANUARY 17, 2020

In this episode, editors discuss the following news developments: The overlap of retail with financial services, and reflections on the National Retail Federation annual conference in New York; Visa’s acquisition of Plaid and what it means […].

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Retail New York Video Conference 243

Abrigo

MAY 11, 2020

New York City and Miami were the original targets under the first order in 2016, but it has expanded periodically since then. The newest order includes: Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle. Learn more. Learn More. BSA Software.

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New York City Las Vegas Miami San Antonio 195

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

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Innovation blockchain Technology Groups 78

PYMNTS

SEPTEMBER 18, 2018

ADGM said, too, that it became part of the ASEAN Financial Innovation Network (AFIN), which fosters collaboration between FinTech firms and FIs, as well as investments between the two nations. While In New York, New York…. Open Banking, APIs In The UK.

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Fintech New York US National 166

Bank Innovation

SEPTEMBER 19, 2016

The most talked-about companies at Finovate Fall 2016 weren’t even presenting on the stage at the New York Hilton last week. But they represent everything fintech innovators love to love and love to hate: The Succesful Disruptor and The Evil Bank.

Company 150

Company New York Innovation Fintech 150

PYMNTS

MAY 31, 2019

Speaking at an investors conference in New York, the executive said he was “not convinced” that faster payments “are going to take off like crazy. PayPal Hits $10B SMB Lending Milestone. Visa CEO Throws Shade On Real-Time Payments. Does the consumer really need the funds that much faster?”.

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Lending Payments Apple social media 122

Bank Innovation

DECEMBER 6, 2017

The New York-based Hypr announced today that it received an additional $2 million on a Series A funding, first announced in October 2017. Today’s round was led […].

New York 284

New York Technology Online Capital 284

PYMNTS

AUGUST 10, 2018

The nation’s largest retailer by sales is partnering with Alert Innovation to build out a robotic fulfillment center in its Salem, New Hampshire store. According to reports in Supermarket News , the new design will see a 20,000-square-foot extension to the Salem location, which will house what Walmart is calling the Alphabot system.

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Lending New Hampshire Sacramento Online 100

South State Correspondent

JANUARY 4, 2023

Mostly, this means getting innovative with deposit and payment products. Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity.

Community Bank 195

Community Bank Capital Lending Training 195

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. Paul Watkins, recently named by CFPB Acting Director Mulvaney to serve as Director of the Bureau’s Office of Innovation , was also a speaker at the summit. For an analysis of the DFS lawsuit, click here.). In her remarks and responses to questions, Ms.

Policies 60

Policies Lending Data Online 60

Bank Innovation

JANUARY 10, 2018

New York-based fintech YieldStreet has raised $116 million in debt and equity financing to further expand the loans it offers on its platform, Bloomberg reported today.

New York 268

New York Fintech Report Company 268

Bank Innovation

SEPTEMBER 6, 2019

This week, the New York-based company confirmed a $25 […]. As banks increasingly take transactions to digital channels, the process to acquire customers also is shifting online thanks to technology that matches product offers to customers based on data.

New York 170

New York Online Data Technology 170

PYMNTS

JULY 11, 2017

May’s gains pushed the monthly borrowing needle to a new high of $3.84 trillion, not including home mortgages and other real estate debts, such as home equity lending. trillion in the first quarter, according to a separate report by the Federal Reserve Bank of New York. April’s gains have been revised up from $8.2

New York 100

New York Lending Cards Report 100

PYMNTS

SEPTEMBER 5, 2019

As demand increases, a new debate is beginning to brew over the early wage access industry as more FinTechs introduce solutions to enable earned wage access before payday. Regulators’ concern over early wage access solutions emerges on the heels of federal regulators also intensifying their scrutiny of payday lending.

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Regulation Lending New York Fintech 122

Bank Innovation

DECEMBER 13, 2017

Those savings numbers decline even further when considering the Hispanic population, according to a new study by IRA savings platform, Finhabits. Well, that’s exactly what New York-based fintech startup is hoping to provide. The solution? Launched in February by former […].

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New York Study Fintech Lending 258