PYMNTS

JUNE 17, 2016

A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest. The really interesting, though less juicy, story is what got Lending Club into trouble. Again, it hasn’t worked out.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

PYMNTS

JANUARY 15, 2018

What story of reversals would be complete without a bitcoin section? The reversals this week in the bitcoin world were more in the arena of opinion. The most dramatic reversal of the week was South Korea’s bitcoin ban that almost was. JPMorgan Chase Head Jamie Dimon officially stated that he regretted calling bitcoin a fraud.

Data 110

Data Bitcoin Google Regulation 110

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending.

Strategy 190

Strategy Report Lending Fintech 190

Tomorrow's Transactions

OCTOBER 8, 2014

I’m thinking about currency and competition because, and I imagine I’ll get trolled for saying this, but I had good fun arguing with some of the Bitcoin folk at Innotribe this year. Innotribe’s bitcoin series included talks on regulation, disruption and the future of investment in the space. From Bankers Debate Bitcoin at Sibos 2014 ].

Bitcoin 61

Bitcoin cryptocurrency blockchain social media 61

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

MAY 5, 2017

Although there were early inklings of the technology dating back to 1991, it wasn’t until 2008 when Satoshi Nakamoto implemented it as the base component of bitcoin currency that it really took off. JC: The early stereotypes of bitcoin (and subsequently, blockchain), were that it was the preferred currency of criminals.

blockchain 110

blockchain Bitcoin Regulation Industry 110

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 65% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

PYMNTS

FEBRUARY 26, 2018

The Office of the Comptroller of the Currency is examining the Community Reinvestment Act, which in part means that rules governing short-term lending may be reversed, and would let community banks compete more directly against payday lenders. Montroll – with the theft of more than 6,000 bitcoins.

Regulation 101

Regulation Bitcoin Innovation Fintech 101

PYMNTS

JULY 3, 2017

The CHOICE Act rolls back regulations that Sullivan said can pin down a community bank and prevent it from serving its function. Community banks are spending more money and resources on hiring compliance people than they are on lending to their community,” he said.

Payments 113

Payments Bitcoin Compliance Community Bank 113

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 172

Idaho Community Industry Strategy 172

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Like how does that play into our communities? 82% to over 2.3% Inspirational? You tell us.

Fintech 143

Fintech Strategy Leadership Lending 143

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. If you withdraw your Ether, you get charged an interest rate determined by an open governance community. Other things like Compound are essentially a securities lending marketplace?

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

JANUARY 20, 2018

We’ll let you decide how you come down on that as an appropriate description of the cryptomania that has seized not just the payments community, but the public at large. Many crypto skeptics have already prophesied the bursting of the bitcoin bubble, so there’s no need to rehash that subject. For a while, everybody was rich and happy.

Bitcoin 105

Bitcoin Marketing Course cryptocurrency 105

Lex Sokolin

DECEMBER 31, 2020

Decentralized Finance, Blockchain, and CBDCs Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B. the Lending Clubs) end up becoming banks and seeking the thing it looked like they would disrupt. They all (i.e.,

Fintech 52

Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

Decentralized Finance, Blockchain, and CBDCs Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B. the Lending Clubs) end up becoming banks and seeking the thing it looked like they would disrupt. They all (i.e.,

Fintech 52

Fintech Bitcoin blockchain Google 52

CB Insights

FEBRUARY 16, 2021

But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis. After all, most businesses aren’t interested in accepting a currency like bitcoin that might tank in value the very next day. In 2010, for example, a programmer purchased pizza for 10,000 bitcoin (~$30). Get the full report. Source: Quartz.

cryptocurrency 101

cryptocurrency Bitcoin Examples blockchain 101

Lex Sokolin

AUGUST 6, 2020

There are many narratives floating around as to why this happened, but the most straightforward one is the rise of decentralized finance , with its $4 billion in collateralized lending. It is an explanation of how to grow from $100 million to $500 million by engaging the community with economic participation. Was it a scam?

Community 52

Community social media Branding Software 52

Lex Sokolin

JULY 1, 2019

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Not from a Bitcoin speculation point of view, but from an operating, business model perspective. Finance in motion— $1B moved for $0.02 We are here. We are in it.

Bitcoin 40

Bitcoin System Software blockchain 40

CB Insights

OCTOBER 18, 2018

According to Earn founder-turned-Coinbase exec Balaji Srinivasan, “ Blockchain companies, to build a community, only need an internet connection and a good regulatory environment… They’re open source groups that [manage internal funds in] straight crypto and might not even have traditional, terrestrial bank accounts.”

blockchain 75

blockchain Company Examples Trends 75

Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models.

Innovation 171

Innovation Conference Fintech blockchain 171

Fintech Labs Insights

FEBRUARY 4, 2022

Lending : Our largest category tracks 33 digital alt-lenders predominantly lending to small-and-medium U.S. The company continues to serve the broader fintech community with consulting services along with a comprehensive calendar of fintech events , along with a list of fintech unicorns updated daily. small businesses.

Fintech 15

Fintech Payments UX United States 15

Lex Sokolin

AUGUST 25, 2020

corporations, companies, communities) are making markets for value exchange. If we are all on our phones, then we will have banking and lending on our phones. One of the most compelling attributes of the movement is its anchoring in a community of users and investors that has self-bootstrapped a new financial system.

Community 52

Community Fintech US cryptocurrency 52

Fintech Labs Insights

JUNE 1, 2016

Speed of Lightning, Roar of Thunder: Blockchain Unveils Off-Chain Bitcoin Payments Network. Neyber selects Cloud Lending Solutions for loan automation. Stay current on daily news from the fintech developer community! Mobeam Barcode Beaming Technology Gains Broader Integration with Samsung Pay. Follow FinDEVr on Twitter.

New York 12

New York Samsung blockchain Bitcoin 12

Lex Sokolin

FEBRUARY 10, 2021

That flag might be AAPL or AMAZON, or GME, or Bitcoin. The Bitcoin flag these days is a bit more fun. how a blockchain works, or how a stock is valued) and uniting in a community to champion its reductive slogans, we recommend the collected writings in Less Wrong. Buying AAPL stock is like buying a Tom Brady jersey.

blockchain 52

blockchain Video Community Marketing 52

Lex Sokolin

FEBRUARY 10, 2021

That flag might be AAPL or AMAZON, or GME, or Bitcoin. The Bitcoin flag these days is a bit more fun. how a blockchain works, or how a stock is valued) and uniting in a community to champion its reductive slogans, we recommend the collected writings in Less Wrong. Buying AAPL stock is like buying a Tom Brady jersey.

blockchain 52

blockchain Video Community Marketing 52

Gonzobanker

DECEMBER 22, 2014

It’s been a busy year integrating recent acquisitions, purchasing $1 billion+ in Banco Popular deposits, hiring former Los Angeles Mayor Antonio Villaraigosa to advise on community relations, and having former President Bill Clinton speak at a major financial literacy event. Nice community bank culture fit between the two as well.

Los Angeles 101

Los Angeles Apple Risk Management California 101

CB Insights

AUGUST 26, 2021

More recently, as remote workout options have grown in usage, the firm has backed digital fitness brands like fitness community Keep and at-home gym Tempo. Konfio , for instance, provides business credit and lending. SoftBank has backed Gympass , which provides access to in-person gyms, across multiple rounds since 2019. .

Regional 94

Regional Fintech Analysis Company 94

Fintech Labs Insights

NOVEMBER 9, 2015

P2P lending. Bitcoin trading community. Bitcoin debit card (e-coin). Tags: Consumer, lending, lead gen, loans, small business loans, mortgage. Here are the rounds by size from Oct 31 through Nov 6: Meili Jinrong. Latest round: $65 million Series A. Total raised: $65 million. Source: FT Partners. FactorTrust.

Company 12

Company Fintech South Dakota San Jose 12

Fintech Labs Insights

DECEMBER 14, 2015

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. Real estate lending marketplace. Community financial institution research network.

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

MARCH 28, 2016

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company 12

Company Fintech San Francisco New York City 12

Lex Sokolin

JANUARY 14, 2021

This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it. Banks create leverage of that money supply by lending out the money to consumers and businesses, which then circulates, gets deposited, and lent out again. Bitcoin remains scarce, as does Ether.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it. Banks create leverage of that money supply by lending out the money to consumers and businesses, which then circulates, gets deposited, and lent out again. Bitcoin remains scarce, as does Ether.

America 52

America Wyoming National Capital 52

Fintech Labs Insights

SEPTEMBER 1, 2016

Lending marketplace for small businesses. Bitcoin point-of-sale solutions. Distributed ledgers for financial community. Tags: Institutions, blockchain, payments, bitcoin. Total raised: $44.7 HQ: New York City. Source: FT Partners. Funding Societies. Latest round: $7.5 million Series A. Total raised: $7.5 HQ: Singapore.

New York City 18

New York City Company Fintech Comparison 18

Fintech Labs Insights

AUGUST 12, 2014

Zidisha [link] We are pioneering the first online microlending community to connect lenders and borrowers directly across international borders - overcoming previously insurmountable barriers of geography, wealth and circumstance. Pay with with Dwolla or Bitcoin, and manage all your orders in one place. Then set and forget them.

Fintech 26

Fintech Bitcoin Cards Online 26

Fintech Labs Insights

SEPTEMBER 25, 2015

The biggest pure-equity round went to Finovate alum, CoverHound , an insurance portal gaining favor with the VC community. Auto lending marketplace lender. Mobile P2P lending platform. Tags: Blockchain, bitcoin, crypto-currency, enterprise. million) added to the bank accounts of 17 startups worldwide. CoverHound.

San Francisco 12

San Francisco Company Fintech San Jose 12

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Bravo OZRK! C’mon Man!’

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

MAY 21, 2015

It was a broad mix of sub-sectors, from crypto (Ripple) to lending. Tools and programs for alt-lending to businesses. Online network for private equity community. Bitcoin-denominated P2P lending. Tags: P2p, peer-to-peer lending, underwriting, Bitcoin, Finovate alum. Actiance $28 million. million ($5.1

San Francisco 12

San Francisco New York City Company California 12