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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. The proper function of a free-market economy is to allow outperforming managers to succeed in their businesses and underperforming managers to exit their businesses.

FDIC 195
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IdentityMind Global Appoints Business-Tech Vet To Board

PYMNTS

“IdentityMind Global has a unique approach to bringing integrity back to digital marketplaces and the online lending environment through the use of trusted digital identities” Zander said in a company news release. Before that, he served as president and chief operating officer of Sun Microsystems until June 2002.

Boston 100
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. To you, manage your interest rate risk. By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

FDIC 78
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The Niche Bank

Jeff For Banks

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? What I hear most often is that community banks take deposits from people and businesses in their community and lend it to people and businesses in that same community. So we were both castaways. Seems risky.

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Profitability and Customer Financial Health in Retail Banking

FICO

Instead of managing disparate data streams within the bank, think about the broader customer data pipeline and create a content map. Feature Management enables banks to build and manage a shareable library of data features that can be calculated from raw and processed data. Moving forward, banks should think of data differently.

Retail 52
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The Top 20 Venture Capitalists

CB Insights

After 4 years with the company, Brian joined Google as a Software Engineer and inevitably rose to become an Engineering Manager. Jeff began his post-graduate career as a Management Consultant with The Boston Consulting Group. Shortly after, he joined eBay as Senior Vice President and General Manager. JEFF JORDAN.