Remove 2019 Remove Community Remove Digital Strategies Remove Lending
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Revenue-Based Financing Challenges The Bank Loan Status Quo

PYMNTS

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

Instead, it is replacing payday lending as an industry. Just in 2019, Chime raised at a $1.5 That implies about $500 in enterprise value per customer, which is consistent with both the 2019 venture market, as well as our calculations around the valuation of Monzo, Revolut, and Starling ( financial model here ). No shenanigans.

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4 winners and losers from the American Banker Digital Banking 2018 Conference

Gonzobanker

Maybe the mindset amongst many bank digital execs is “we’re building all this great functionality…surely our crappy adoption must be because of our poorly trained front-line staff”. See you can align your business and digital strategy. And yes, you can humanize digital banking.

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Financial Brand Forum 2019: 5 Wins in 5 Minutes

Gonzobanker

It was a tall order, but Delorier nailed it with “No more chasing Chase” but leading the “democratization of private banking” with Umpqua’s Go-To approach, replacing digital strategy by “digitizing the bank’s strategy.” The post Financial Brand Forum 2019: 5 Wins in 5 Minutes appeared first on Gonzobanker.

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37 Corporate Innovation Labs In Finance

CB Insights

The labs aim to help Deutsche Bank evaluate and adopt emerging technologies, develop a culture of innovation, and contribute to the bank’s digital strategy. FinLab users have access to digital specialists, R&D experts, and accelerator programs. Bank of America.