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Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix

PYMNTS

These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities. Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them.

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Jamie Dimon Talks Big Data, Lenders And Payments Risks

PYMNTS

But, in that interview, he also pointed out some issues with Big Data, the future of financial lending and even pointed out what the biggest risks to payments are. “We use technology to make it cheaper, better and faster for the client. That led into some comments about Big Data and lending.

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HSBC, Alibaba Link Up On Quick eCommerce Loans

PYMNTS

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group , have announced they will offer rapid finance approvals to online merchants that use Chinese shopping site Tmall, according to reports. It will have first-mover advantage,” said Louis Tse Ming-kwong, managing director of VC Asset Management.

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Alt-Lending Regulation Fears Won’t Stop Investors

PYMNTS

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending. MarketInvoice.

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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

We’re flying blind because we lack relevant data to build and then use the right frameworks to make confident, reasonable decisions that guide our businesses, and even our economy. In a blink, we’ll be there — and very likely before we get data from the Census Bureau telling us that. What Innovation? percent in 1947.

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Trade Ledger Partners With Wiserfunding For Commercial Risk Assessments

PYMNTS

The London business lending platform Trade Ledge r is joining forces with Wiserfunding to give lenders and alternative financing providers the ability to evaluate the creditworthiness of its commercial users, Trade Ledger announced Tuesday (March 10).

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The Russian Connection (To Alt Lending Globally)

PYMNTS

As the financial crisis unfolded in 2008, they met to discuss what they saw as the rise of FinTech and the increasing availability of financial software and data. such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan.

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