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Small Business Banking Catching Up in Innovation Race

Bank Innovation

There are quite a few lending solutions these days for small businesses -- Funding Circle, OnDeck, Kabbage, and Square Capital, to name a just a few -- but innovation and digitization are lagging in other areas, such as digital account opening. Atlanta-based Gro has […].

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Most Americans Don’t Know What’s Included in Their Credit History

Bank Innovation

Most Americans do not know that many non-traditional payments are not included in their credit history, according to a survey conducted by the Atlanta– based alternative credit bureau, FactorTrust. Lending Club, for example, […].

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Lending FinTech GreenSky Files For IPO

PYMNTS

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.

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Q2’s Acquisition of Gro Came Through an Investor Introduction

Bank Innovation

The digital banking software provider Q2 Holdings announced yesterday it had acquired Atlanta-based digital sales platform Gro Solutions. Q2 announced it was buying Cloud Lending, a cloud-based lending platform, in August. In 2017, […].

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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

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Fintech for Kids: How Startup Greenlight Financial Teaches Kids about Compound Interest

Bank Innovation

Today the Atlanta-based Greenlight unveiled a feature which lets kids create a savings account through their Greenlight app, an account that is controlled by a guardian. EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts.

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Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said the new program would, among other things, expand city programs that aid Black communities in such cities as Atlanta, Birmingham, Los Angeles, New Orleans, New York, St. “Our aim is to level the playing field for economic growth.”. Louis and Dayton, Ohio.

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