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Synchrony Financial CEO Taking Wait And See Approach With Apple Card

PYMNTS

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. Then there’s the Apple Card, now one of literally hundreds of co-branded credit cards in the market. Co-branded cards, as all payments professionals know, have been around for decades.

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Rakuten-Owned ShopStyle Meets The Complex Fashion Shopper

PYMNTS

The Rakuten-owned fashion site has addressed the various complexities of the market and the uniqueness of its own business model by adding new brands, partners and entire product categories to meet shoppers where they live – online. That’s exactly what ShopStyle has done. People today are shopping very differently,” Stiefel noted.

Meeting 131
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Can FinTech Walk The FinTalk?

PYMNTS

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain.

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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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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? Didn't even exist in 2006. SunTrust - Developed Lightstream , a national online lending platform to provide consumer loans for practically any purpose. or Idea Killers? But their animation caught my attention.

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Walmart’s Daniel Eckert On Why TailFin Is Retail’s Next Big Thing

PYMNTS

The two companies already have a payments partnership, one that involves Walmart MoneyCard program and which launched in 2006. That would seem to bolster the case for this Walmart-Green Dot joint accelerator — and lend credence to how Eckert described the possible coming attractions from that operation. The majority, 54.4 Indeed, 28.9

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Why Peer-to-Peer models struggle against oligopoly

Lex Sokolin

And this realization takes us to Lending Club. Peerless Lending Lending Club represents an era of Fintech credit. and by the way banking licenses are sort of hard to find in 2006?—?why A private equity firm here and there, to package up all those Lending Club notes and smooth out the risks. What’s the exception?

Lending 52