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Saudi Startup Lendo Helps SMBs With Invoices

PYMNTS

Lendo , a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid faster, according to a report. The company allows for solutions to some of the biggest problems when it comes to the SMB financing market.

Capital 131
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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Smarter Bank leaders have an eye for designing and building new systems that align people, processes and technology and that leverage data and intellectual capital.

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Finastra research points to open finance progress

Bobsguide

Results point to the significant progress the industry has made around open finance and collaboration, despite the challenging market conditions of the last few years. London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. Bond losses.

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Want To Build A 630M, 10 Country Financial Services Ecosystem? Here’s What Grab Did

PYMNTS

Grab, as most know, is a financial services ecosystem that serves the 630 million citizens in Southeast Asia — and has expanded from ridesharing and food delivery to lending and insurance for these micropreneurs. Among them are merchants that do business in only one local market, but often have their own dreams of expansion.

Regional 196
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Guest Post: 3rd Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

What are the Markets Thinking? Bond markets have been the big winners in the third quarter. Stock markets performed exceptionally well in September after a summer selloff that took the Dow below the 10,000 level again. Still, with stock markets having done so well during September, I would have expected rates to rise somewhat.

Taxes 60
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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. Expect more of these slam-dunk in-market mergers that reduce locations 10%+.

Idaho 148