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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018. According to Glover, that means banks in the U.S.

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Congratulations to All Celent Model Bank 2017 Award Winners!

Celent Banking

Many of us at Celent just came back from a busy and exciting week in Boston. The rain and clouds couldn't obscure spectacular views from the State Room overlooking the Boston harbour. Emerging Technology for Consumers. Emerging Technology for Businesses. Lending Product. Alior Bank S.A., Bank of America, USA.

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Introducing Celent Model Bank 2017 Awards

Celent Banking

Lending Product – for the most impressive consumer or business lending or collections initiative. Process Automation – for the most effective deployment of technology to automate business processes or decision-making. Emerging Technology for Consumers – for creative deployment of emerging technologies for consumers (e.g.

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Navigating The Increasingly Murky Waters Of Trade Finance

PYMNTS

She pointed to 2019 research from the Boston Consulting Group, which predicted that global trading on open accounts will make up as much as 60 percent of trade finance revenues — up from the current 45 percent — by 2027. That’s last-resort lending,” she said. . “We’re talking about $1.5

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Second Day, Second Wind On Innovation Debates

PYMNTS

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. The money flow — between, say, the United States and Mexico, or as remittances evolve in newly (almost) cashless India — may be embracing technology, but interactions between banks, wires and processors are still required.

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2021 GonzoBanker Awards

Gonzobanker

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. Brandon Dewitt, MX co-founder and chief technology officer. Tom Sargent, CEO, First Technology Credit Union. Brandon personified “purpose-driven.”

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Happy Birthday To PYMNTS

PYMNTS

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). No matter how good the technology you built is, payments is hard. When we started Square, the hardware, the servers, the technology was working in three weeks. If this person can’t afford this, we won’t lend.