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Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation

PYMNTS

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for small- to medium-sized businesses (SMBs), according to a press release. Tung Chi Fung , chairman of SY Capital, said there are already plans in the works.

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Capital One to Be Fully on Public Cloud by End of 2020

Bank Innovation

Capital One Financial plans to complete the exit from its data centers and to go fully into the public cloud by the end of 2020, Chairman and CEO Richard Fairbank said during the bank’s first-quarter earnings call on Thursday. The McLean, Va.-based

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Amidst a Global Crisis, Cloud Technology Trends for 2021 Emerge

Perficient

Cloud technologies have changed the way that enterprises deploy and integrate services, saving time and resources, and allowing them to hyperscale their services. Throughout 2020, the cloud has also proven critical for enabling remote workers access to necessary services, tools, and applications. The Public Cloud Market Will Surge.

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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

While this partnership model remains popular, market volatility has once again created a need to connect more SMBs to capital as quickly and efficiently as possible. In Canada, one of those alternative players is Thinking Capital. Flexible Technology. What's just as important is to ensure that lending technology is flexible.

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Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic

PYMNTS

Capital One reported on Thursday (Oct. Capital One said its domestic cards’ average loans fell 6 percent compared to Q3 2019 to $97.3 Capital One’s net charge-off rate fell 48 basis points compared to Q3 2019 to 3.64 Also, on the plus side, Capital One said consumer-banking average loans rose 5 percent to $67.8

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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

PYMNTS

Though 2020 was full of volatility, the B2B FinTech landscape persevered with venture capitalists and other investors for a lucrative year. Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. CloudTrucks.

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2020 GonzoBanker Awards

Gonzobanker

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

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