PYMNTS

DECEMBER 4, 2019

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec. The regulators added that agencies choosing to tap into alternative data should do so judiciously.

Regulation 136

Regulation social media Study Data 136

PYMNTS

DECEMBER 4, 2019

Data integration technology and the embrace of the open banking business model, though, has opened up new opportunities for alternative lenders themselves to collaborate with fellow FinTechs and round out their solution sets in an effort to become a greater competitive force against legacy FIs. The High Street Bank Alternative.

Lending 131

Lending Fraud Tools Payments 131

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech.

Cards 101

Cards Lending Strategy US 101

PYMNTS

DECEMBER 4, 2019

It was approved due to Trump’s rollback of regulations in 2018. A rise in alternative lending and FinTech service providers has driven the digitization of both traditional and alternative financial services, leading some banks to invest in their online platforms and cut costs by shutting down physical branch locations.

Illinois 100

Illinois Massachusetts New York Industry 100