PYMNTS

JULY 22, 2016

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.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. sent a letter to five alternative small business lenders operating in the country, inquiring about their business practices.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

MARCH 8, 2018

Credit underwriting is more reliant than ever on Big Data, and one of the industries in which this is most pronounced is the construction industry. This is a massive point of friction in construction lending, and a few FinTechs have emerged with a focus on addressing manual processes of B2B payments and lien waivers.

Lending 100

Lending Data Fintech Industry 100

PYMNTS

FEBRUARY 12, 2018

At the same time, the market caps of the top 20 retailers have lost more than $230 billion over the last two years, and mall operators are sucking wind as overstocked anchor stores shutter underperforming locations, which delivers a death knell for the stores that depend on anchor store foot traffic to lure customers in.

Big Data 135

Big Data Data Retail Marketing 135

CFPB Monitor

SEPTEMBER 8, 2022

Although bank lending partnerships with fintechs continue to receive OCC attention, recent remarks by OCC officials indicate that OCC scrutiny is now also directed at partnerships outside of the lending arena. Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements.

Fintech 146

Fintech Risk Management Conference Lending 146

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 EZBob operates the Everline and EZBob online small business lending platforms, and CEO Tomer Guriel said in a statement that the funding “is proof of our game-changing technology and unique approach to business lending.”

Lending 100

Lending Capital Google Security 100

PYMNTS

AUGUST 4, 2016

The alternative lending space is crowded — oversaturated, some may say — and in the U.S. marketplace lender OnDeck, alternative lending is likely to be mainstream in Australia as soon as the end of the decade. regulation is likely headed its way. According to U.S. “This is transforming the credit risk analysis process. .”

Lending 100

Lending Regulation Data Payments 100

PYMNTS

JUNE 7, 2019

Alternative SMB lending platform Biz2Credit announced $52 million in venture capital funding this week, led by WestBridge Capital, the second round of equity financing for the company that helps banks and other financial institutions manage their SMB lending operations. Yellowbrick Data. Biz2Credit. WorldRemit.

Data 139

Data Capital Analytics Lending 139

Bank Innovation

FEBRUARY 13, 2019

This means Santander is poised to tap into IBM's AI, blockchain and big data offerings. IBM today announced a five-year, $700 million agreement it reached with Banco Santander that will enable the Madrid, Spain-based bank to “accelerate and deepen” its digital transformation to a more open, flexible institution.

Big Data 199

Big Data blockchain Data Operations 199

PYMNTS

DECEMBER 18, 2018

The first step is one that takes in market-specific operators within a number of spaces, including robo-advisors, crowdfundng and algorithmic trading. Under the terms of that license, said CNBC , the company will be able to offer full current accounts and business lending. Poland, Germany and France. license in the face of Brexit.

Policies 109

Policies Fintech Big Data Lending 109

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. In exchange, Grab gains greater visibility into SMB operations and performance. “By

Data 193

Data Lending Capital social media 193

CFPB Monitor

FEBRUARY 13, 2017

Big data report. In January 2016, the FTC issued a report warning that certain uses of big data consisting of consumer information may implicate various federal consumer protection laws. Interagency fair lending task force. The survey could be a prelude to such rulemaking.). Fintech forum.

Report 68

Report Big Data Lending Survey 68

PYMNTS

SEPTEMBER 3, 2019

Also, incoming European Union (EU) leaders are planning laws governing artificial intelligence (AI) as well as big data. While consumer advocates and industry executives note that the apps may help lower- and moderate-income workers, there is debate over their operation and regulation.

Innovation 101

Innovation Data Taxes Payments 101

PYMNTS

FEBRUARY 27, 2019

“Most small businesses operating in South Africa today are relatively new, and emerged post-apartheid.” At the same time, high unemployment and a regulatory environment that Sassoon said “effects small businesses heavily” have combined for an even more challenging environment in which small businesses are operating.

Technology 190

Technology Industry Innovation Big Data 190

PYMNTS

MAY 31, 2019

-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

Capital 143

Capital Analytics Big Data Data 143

South State Correspondent

AUGUST 22, 2022

Commodore didn’t know about its customer and didn’t have enough feedback from operations to understand its margins were inadequate. Clean Data Reduces Operational Cost Across the Bank: Creating a centralized place for your data allows you to solve data quality issues to produce a “single source of truth.”

Data 195

Data Analysis Marketing System 195

PYMNTS

AUGUST 12, 2016

Another B2B startup, operating in the SaaS space, positions itself in an unlikely vertical, while the biggest investment round of the week placed $50 million into a startup that is soon to go public. Alternative Lending. In the biggest funding round of the week, Big Data startup MapR revealed $50 million raised on Tuesday (Aug.

Big Data 100

Big Data Software Capital Cards 100

PYMNTS

DECEMBER 7, 2018

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Existing partners of the FI including Coinbase and online lending platform Affirm.

Analytics 176

Analytics Data Capital Software 176

Bank Innovation

SEPTEMBER 26, 2018

If Finovate Spring was dominated by companies in lending and underwriting, then Finovate Fall was all about startups and service providers equipping banks with tools to help them provide better customer service.

New York 150

New York Analytics Lending Tools 150

BankUnderground

JUNE 25, 2020

But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows. Big Data and financial services. This has been driven by three factors.

Data 110

Data Big Data Regulation Risk Management 110

PYMNTS

MAY 5, 2017

SME Lending. Based in China, IceKredit wields Big Data to provide credit evaluation services for small businesses. Series A funding landed at W2 Global Data this week, which didn’t disclose how much it raised. and international operations.

Fintech 137

Fintech Big Data Capital Data 137

Independent Banker

AUGUST 25, 2016

Higher-volume lending has become more important to profitability. Calculated Lending. Budgeting for expanded lending starts with a strategic plan. Minnesota bank makes high-volume SBA lending a profitable specialty. Big Data, Big Profits? Arizona bank extensively uses third-party service providers.

Missouri 70

Missouri Connecticut Minnesota Arizona 70

PYMNTS

DECEMBER 19, 2016

His team also includes Alexander Popov and Vladimir Kozhevnikov, who also have six years in the FinTech industry by founding Russian lending system EasyFinance. The trio said that they want to bring banking to messengers by applying robots to all operations and communicating better with clients. “We

Big Data 100

Big Data Course Industry System 100

PYMNTS

JULY 28, 2017

Israel’s Prospera uses its Big Data analytics and artificial intelligence technologies for a niche market: farming. The company helps farming businesses optimize their production via analysis of troves of agricultural data.

Big Data 105

Big Data Capital Software Data 105

Abrigo

MAY 31, 2017

This organic growth in implementing an analytics solution seems to go against the urgency of big data analytics created in the press. The implementation of lending software, like that provided by Sageworks to community banks and credit unions, requires a similar, systematic approach for onboarding. Koechlein states.

Software 150

Software Analytics Training Case Study 150

PYMNTS

SEPTEMBER 1, 2017

The executive said BitPesa plans to use the funding to continue to disrupt the industry, expand and add new products like trade finance and other corporate lending solutions. Taiwan’s Appier also focuses on artificial intelligence with a B2B solution aimed at helping companies more efficiently and effectively handle Big Data.

Fintech 135

Fintech Capital Groups Analytics 135

Fintech Labs Insights

JUNE 20, 2016

Big data analytics company ThetaRay inked an agreement today with ING Netherlands that combines its Advanced Analytics solution for fraud detection with ING’s existing risk engine. The partnership will empower ING to uncover new SME lending fraud by detecting anomalies through its transactional and organizational data.

Fraud 17

Fraud Lending Big Data United States 17

PYMNTS

OCTOBER 7, 2019

The issue at hand: Marcus was perhaps not prepared to handle the world of high-risk lending, according to sources – and the learning curve has been steep and expensive. Cloud computing, on the other hand, could bring significant savings, while Big Data would enable “more surgical marketing.”. The delays, which began Sept.

Data 116

Data Apple FDIC Report 116

PYMNTS

MARCH 25, 2016

It may have been a big week for alternative lending in the consumer finance space, but in B2B payments, blockchain and eCommerce startups snagged the biggest share of venture capital. HG Data said the new funding will be used to further develop its products, expand its client base and strengthen its science and engineering teams.

blockchain 100

blockchain Capital Data Analytics 100

PYMNTS

NOVEMBER 28, 2016

They should, however, be commended for lending money. Time to recognize the importance of lending for consumers and small businesses and for making the economy go ‘round and ‘round. Meanwhile, financial services providers must do a better job of explaining how lending helps consumers and, of course, policing themselves.

Lending 100

Lending Regulation Cards Maine 100

PYMNTS

MAY 10, 2016

Considering the rise of digital currency, electronic payments, the Internet of Things and Big Data, that revolution may already be upon us. For suppliers and manufacturers, automation and digitization of processes, IoT-connected equipment and the data sourced from those connected machines are already changing the game.

Industry 100

Industry Management Survey Resources 100

PYMNTS

JANUARY 12, 2018

M’s human help will be discontinued; the contractors who worked on it will be sent on to other projects serving other parts of the operation. This comes after three models were launched last year, with data as the soul of the sole. Walking tall with Big Data, tracking fitness along the way. But not anymore.

Google 108

Google Retail Industry System 108

Gonzobanker

JULY 16, 2018

So, GonzoBankers, let’s quickly summarize how the banking industry has fared since Gates’ famous prediction regarding our demise: Since Mr. Gates’ grand prediction, bank operating revenue has tripled, earnings have quadrupled, and equity capital has quintupled. Mobile and big data will accelerate the disaggregation of banking.

Analytics 63

Analytics Industry Management Software 63

Bank Innovation

JANUARY 25, 2018

EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […].

Trends 299

Trends Bitcoin cryptocurrency Taxes 299

PYMNTS

JULY 11, 2017

More than two-thirds told researchers that compliance and regulatory requirements are holding them back from providing more trade finance in the short term, while cost control pressures were identified as the top challenge for FIs’ (financial institutions) trade finance operations.

Analytics 109

Analytics Risk Management Fintech Data 109

Gonzobanker

NOVEMBER 9, 2015

This software provides easy to use “Big Data,”. Innovation we saw that we’re all not talking about enough: lending. There was a separate track on lending that, in our minds, revealed that new players and approaches to lending are set to change the game. These guys are way beyond the talk of data.

blockchain 60

blockchain Bitcoin Lending Innovation 60

Gonzobanker

DECEMBER 22, 2014

and Operations center in a building they recently purchased as they look to double in size over the next five years: Cornerstone: Do you think you should build out your I.T. Execution Matters Big-Time Award – Data warehouse. The “If We Build It, Will They Come?” and Ops center here in the building you purchase?

Los Angeles 101

Los Angeles Apple Risk Management California 101