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What Is Powering The Emerging Pawnaissance?

PYMNTS

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! Let’s put COVID aside for a minute. A new frontier of efficiency will arrive.

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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Scottdale, Arizona was chillier than normal this week, but that didn’t prevent bankers from having heated discussions about 2023 at this year’s Acquired or Be Acquired conference, hosted by Bank Director. Like the Phoenix Open and Super Bowl week coming soon to Arizona, it’s clear things are going to be hopping in banking this year.

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Reverse Trend

Independent Banker

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. Yet Ardesson says he is the only banker based in Arizona that he knows of making reverse mortgages.

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Opploans Personal Loans Review: For Borrowers With Bad or No Credit

MyBankTracker

APRs are lower than predatory lending options. In the short-term, you can give your score a small boost by reducing your credit card debt and avoiding applying for credit cards in the months before you submit an important application. The best way to reduce this ratio is to pay off existing debts, like credit card debt.

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Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Labs Insights

HQ: Scottsdale, Arizona. Mobile bank/card. Tags: Consumer, prepaid debit card, neo-bank, challenger bank, mobile, AXA (investor). Total raised: $6.3 HQ: Elizabethtown, Kentucky. Source: Crunchbase. Prestiamoci. Person-to-person consumer lender . Latest round: $2.2 million Series. Total raised: $3.5 HQ: Milan, Italy.

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Uber’s Ecosystem Ambitions, Plus Amazon Sizzles While Facebook Fizzles

PYMNTS

The magic of a better-than-a-taxi-ride ending and simply stepping out while the payment resolved quietly by itself on the backend was foremost a central appeal for Uber, particularly when stacked against the always somehow broken card readers in the back of cabs that required cash payments. “We wanted to formalize a lot of it.”. “At