Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. Following a three-year study on predatory lending, the U.S. Department of Defense has now issued the final rule to implement the Military Lending Act. 3, 2016, compliance date. By Mary Thorson Wright. The effective date of the final rule was Oct. Beginning Oct.

Lending 70

Lending Compliance Regulation Virginia 70

PYMNTS

FEBRUARY 16, 2018

Similar to small businesses, said Albert Periu , middle-market firms struggle to not only gain the capital they need from traditional financiers; they’re also burdened by paper-based manual processes in the application and loan management process. There weren’t many FinTech or digital solutions for this segment.

Lending 101

Lending Marketing Analytics Capital 101

Chris Skinner

JULY 26, 2017

billion over 357 deals US online personal finance firm SoFi raised the largest round globally at $453 million China, which raised the largest amount of VC investment in 2016, dropped to second place with $1.0 increase on H1 2016 deal value, but an 18.5% Global VC FinTech investment attracts $6.5 Overall, the US experienced a 7.7%

Fintech 251

Fintech United States US Innovation 251

PYMNTS

JUNE 28, 2016

And while we expect 2016 will mark the 24oth July 4th in a row that the British have not celebrated, one can not help but admire the impressive degree to which they’ve upped the level of the fireworks game. Marketplace lending, in short, did not need more fireworks. Online lenders in the U.K. Good-Bye Passports .

Lending 100

Lending National Marketing Online 100

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

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

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

DECEMBER 30, 2019

The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions. Grab, which started out as a ridesharing company, has been introducing finance apps and payment solutions since 2016. Grab also recently said it wants to expand into artificial intelligence.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The Response.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

APRIL 3, 2019

“The closing of this transaction signals a new era of online lending innovation on behalf of Canada’s small businesses,” said OnDeck Chairman and Chief Executive Officer Noah Breslow in a statement. OnDeck first launched its small business lending operations in Canada in 2016. ”

Lending 108

Lending Operations Online Groups 108

CFPB Monitor

NOVEMBER 7, 2016

In its Fall 2016 Supervisory Highlights , which covers supervision work generally completed between May and August 2016, the CFPB highlights violations found by its examiners involving origination and servicing of auto financing, debt collection, mortgage origination and servicing, student loan servicing, and fair lending.

Lending 83

Lending Report Regulation Policies 83

PYMNTS

APRIL 25, 2016

Visa is determined to make EMV faster, Starbucks wants to make getting that cuppa joe faster, too, and is crushing it with mobile order ahead and the CFPB might be moving closer to having a fast exodus of the payday lending business once its rules drop. Overall, year over year, online fraud attacks have spiked 215 percent.

Lending 100

Lending Mobile Cards Fraud 100

PYMNTS

NOVEMBER 27, 2019

Online small business lending platform Funding Circle is launching a new feature for U.S. Managing Director Bernardo Martinez. small businesses to be able to choose from three approved loan options. Dubbed Small Business Choice, the new offering from Funding Circle U.S. In August, its U.K.

Customer Experience 132

Customer Experience Lending Operations Capital 132

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

PYMNTS

NOVEMBER 7, 2016

Most notable in the quarter, as evidenced by management commentary, was the fact that more large merchants (defined as volumes of at least $125,000) have been signing on with Square. Nonetheless, it simply bracketed guidance for the remainder of the year, which implies some amount of caution heading into the remaining several weeks of 2016.

Payments 161

Payments America Lending Capital 161

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

AUGUST 4, 2016

Square managed to redeem its disappointing Q1 performance with healthier Q2 earnings. Square has struggled in 2016 amid a rift with Starbucks and negative media attention on CEO Jack Dorsey. 123% | The year-on-year increase in Square’s lending business. . $27 123% | The year-on-year increase in Square’s lending business.

Data 100

Data Lending Capital Online 100

PYMNTS

FEBRUARY 20, 2018

have already used an online alternative lending platform. Still, researchers noted little change between 2016 and 2017 in the number of small businesses that have never used an alternative lender, and nearly half still have not. New research released by Mercator Advisory Group on Monday (Feb. Its 2017 U.S.

Millennials 101

Millennials Lending Survey Groups 101

PYMNTS

JUNE 10, 2020

The move comes out of Amazon’s initial effort to build a lending marketplace for its sellers, where many lenders would compete to make business credit offers, sources familiar with the situation told CNBC. Our team exists to fuel seller growth, period,” Ragui Selwanes , head of Amazon Lending, told CNBC.

Lending 150

Lending Apple Online Retail 150

PYMNTS

DECEMBER 12, 2017

Products that hit that mark are on Affirm’s 2018 roadmap and stem from its 2016 acquisition of Sweep , which he told Webster exists as one of the earliest entrants in the mobile personal financial management space.

Lending 100

Lending Capital Tools Retail 100

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. billion was invested in FinTech startups in Q3 2016 , calculated KPMG and CB Insights in their most recent Pulse Of Fintech report.

Strategy 100

Strategy Lending Capital America 100

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR Do no go online and get another online loan. Maria Gurina (Bus.

Video 40

Video Lending social media Analytics 40

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5 350 $540 13 Dave 554 2016 LA 1,560,000 2.8 3 $536 14 Empower 550 2016 SF 2,350,000 $175 15 Varo 506 2015 SF 838,000 2.7

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

PYMNTS

AUGUST 3, 2018

With the tie-up, UTRUST plans to bring Nexo’s crypto lending capabilities onto its platform, Cryptovest reported. The news comes as Bitbond , a German online bank that lets clients transfer loans around the globe using bitcoin, launched earlier this year.

cryptocurrency 101

cryptocurrency Payments Bitcoin Lending 101

PYMNTS

JANUARY 22, 2020

Sabre Vice President of Product Management Becky French discussed this strategy with PYMNTS in a recent Masterclass video , noting that this collaboration has already yielded stronger cash flow and financial management practices for joint clients. NatWest Bolsters SMB Loans With Cards. SmartEquip Adds Commercial Card Support.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

MARCH 28, 2017

Online lender Elevate Credit, Inc. has decided to pursue an IPO, a little over a year after the firm had decided to postpone its listing in the face of the tough market conditions that made 2016 the slowest year for initial public offering in the last ten. and On Deck Capital, Inc.

Fort Worth 100

Fort Worth Capital Groups Lending 100

PYMNTS

NOVEMBER 15, 2016

Prosper, like many of its peers in marketplace lending, has had a tough year in 2016 — with investors falling out of love with loans provided online as quickly as they fell in love with them. Over the first half of 2016, Prosper recorded a net loss of $53.1 million, or nearly four times the $13.5

Lending 100

Lending Online Management Company 100

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. CreditHQ helps businesses manage cashflow. Managing cash flow – targeted at small business in partnership with banks. ^KT. Here’s another solution for document management and origination. ^SR. David Carr (Innovation Manager).

Video 40

Video Mobile social media Analytics 40

PYMNTS

MAY 1, 2019

.’s Bank Referral Scheme, part of the government’s array of initiatives to expand access to capital for small businesses, has been marred by controversy and criticism since it first came into effect in late 2016. But the scheme faced some of its harshest attacks yet at the hands of the Corporate Finance Network, a U.K.

Policies 148

Policies Capital Lending Report 148

William Mills

MAY 10, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Qumrum allows banks to actually document customer interactions online. We enable FIs to record everything that goes on with the customers transactions on mobile, online, social and let the FI validate interactions on that site.

San Jose 40

San Jose Customer Experience Mobile social media 40

Independent Banker

JULY 31, 2022

While the $55 million-asset community bank has one brick-and-mortar branch in Fort Lauderdale, Locality Bank will serve customers primarily through its online and mobile applications. from 2016 until its sale in 2018. He began his career in the securities business and specializes in commercial banking, real estate lending and treasury.

Florida 91

Florida Community Bank Community FDIC 91

Bank Innovation

DECEMBER 19, 2016

Investors appear to be racing to disperse funds before 2016 comes to an end — and fintechs are benefiting. Also filling their piggy banks were security and wealth management startups. In the past week, alt-payment companies have led the pack with eight-figure fund raises from high profile investors.

Fintech 150

Fintech Security Management Payments 150

PYMNTS

SEPTEMBER 9, 2016

Square is also reportedly rolling out virtual payment cards that will enable cash users to purchase things online and via app using the money that is housed in their Square Cash account. Square managed to redeem its disappointing Q1 performance with healthier Q2 earnings.

Payments 100

Payments Lending Apple Cards 100

PYMNTS

JUNE 6, 2016

New data on the struggles facing small business borrowers — from frustration surrounding the rejection of a bank loan to unexpected, sky-high APRs linked to alternative financing — means banks have a long way to go to fill in the gaps for entrepreneurs when it comes to their cash management, payments and expansion needs.

Survey 100

Survey Lending Data Analysis 100

William Mills

SEPTEMBER 7, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. 09:47 am Finovate Fall 2016 Day 1 Recap. End of Day 1, check back later today for our video recap of Finovate Fall 2016! Data and Analytics are a profit center rather than something that just needs to be managed. William Mills and K.T.

Mobile 40

Mobile Cards Fraud Data 40