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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market. Today, CFIs are uniquely positioned to regain the market. Changing Lending Environment. Small businesses are turning to small lenders.

Lending 195
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Zopa Secures UK Banking License

PYMNTS

million) from new and existing investors in two funding rounds since applying for the banking license in 2016, and it added several former banking executives to create a board. The company will target younger borrowers with digital features that are common with debit cards but remain rare in the credit card market, the Times reported.

Security 215
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Security and convenience: a perfect relationship?

Bobsguide

In 2016, the global fraud detection market was valued by Allied Marked Research at $13.6bn. Fast forward to today: according to Fortune Business Insight, the global market for anti-fraud solutions will grow from $19.3bn in 2018 to $110bn in 2026. The growth is exponential, and the banking,

Security 141
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Payments 2016: The Year Of Clarity For The Payments Sector

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from James Jenkins, director of payment security at CA Technologies …. Payments 2016: The Year Of Clarity For The Payments Sector.

Payments 123
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On-Demand Platform Moteefe Secures $5M Funding

PYMNTS

Launched in early 2016, Moteefe began in 2016 and provides an entrepreneurial technology solution for influencers and others in the digital space. Moteefe has built its own proprietary production software and plans to use the additional funding for expanding into new markets, including Australia.

Security 151
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Tesco Bank To Pay £16.4m Fine To Settle With FCA Over 2016 Cyberattack

PYMNTS

in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. Our priority is always the safety and security of our customers’ accounts, and we fully accept the FCA’s notice,” Tesco Bank Chief Executive Gerry Mallon said. “We Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m

Fraud 134
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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

percent in 2016. The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. Credit unions, like any FI, are sitting on a trove of valuable personal information, such as credit card data and Social Security numbers, that hackers would do anything to get their hands on.

Nevada 192