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

Bank Innovation

EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts. 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.

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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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Kabbage Set To Launch Payment Processing Services

PYMNTS

The Atlanta-based startup will offer tools so that its clients, mostly brick-and-mortar businesses, will be able to accept card payments in-store and online, Kabbage’s President Kathryn Petralia said in an interview, according to Reuters. In addition, Kabbage sells its lending technology to large banks that want to offer credit online.

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Today In Payments: ECB Outlines Use Cases For Digital Euro; Goldman To Pay $2.5B For GM’s Credit Card Business

PYMNTS

The purchase furthers Goldman's push into Main Street lending and gives Goldman access to over one million cardholders, who account for roughly $8.5 billion in spending per year. Walmart Expands Healthcare Services.

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Data Sharing and Standardization Technology Provider Validis Strengthens Public Relations Efforts by Partnering with William Mills Agency

William Mills

AUSTIN and ATLANTA, August 15, 2018 – Validis , a pioneer of data sharing and standardization technology used by three of the big four accounting firms and 80 percent of the Tier 1 banks in the U.K., Validis is changing how financial institutions lend to businesses. For more information, please visit www.validis.com.

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Kabbage Scores Another European Bank with Santander UK Deal

Bank Innovation

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October.

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