PYMNTS
APRIL 12, 2019
Data: $365 billion: Estimated size of the global online food delivery market by 2030. $36 36 billion: Size of Bank of America’s SMB lending portfolio. But with good growth comes bad – and in payments and commerce, fraudsters are the weeds , and the advance of AI is what many hope to be the weed killer.
PYMNTS
DECEMBER 18, 2019
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.
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PYMNTS
DECEMBER 23, 2019
More should be learned from the rise and fall of the peer-to-peer (P2P) lending sector, during which regulations were not introduced quickly enough, said economics professor Huang Yiping at the National School of Development of Peking University to Reuters. The Chinese AI industry would be worth $143 Billion by 2030. trade war.
Gonzobanker
NOVEMBER 2, 2023
Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Marketing doesn’t hustle the next campaign – they build a segmented and data-driven marketing funnel process. When business lines must continuously collaborate with marketing, I.T.,
Bobsguide
OCTOBER 4, 2022
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.
Gonzobanker
AUGUST 24, 2023
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.
PYMNTS
APRIL 19, 2019
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.
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