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Blockchain Challenger Bank BABB Names Industry Veteran As CIO

PYMNTS

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — has hired a new CIO. I can only see blockchain technology as the next step in this evolution of payments and asset transfer in the future,” he said in a statement announcing his position at BABB. The company said Thursday (Jan.

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Logistics, Alt Lending Lead B2B Startup Funding

PYMNTS

The company facilitates the movement of freight and handles packages and customs processes, while linking businesses to cost analysis, supply chain efficiency and other tools to enhance their operations. According to the firm, Rabbet is also focused on providing operational efficiencies to accelerate payments within the construction space.

Lending 139
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Cybersecurity, Recruiting Tech Lead B2B VC

PYMNTS

-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. based SeedLegals is in the startup funding business, but it’s not exactly an alternative lending FinTech. SeedLegals. announced $7.25

Capital 143
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Table of Contents: Amazon’s product strategy. Market strategy outside the US. Product strategy: Amazon takes on financial services. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Amazon Lending. Amazon SMB Lending.

Cards 101
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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

One of the biggest challenges these companies face is that many operate without a bank charter or license. Asia is highly competitive, with tech giants like Ant Financial and Tencent’s WeChat actively dominating mobile payments and expanding their reach in financial services across lending, wealth management, and insurance. Blockchain.

Retail 78
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Peer lending meets machine learning, with LendingRobot. The algorithm automates the process of identifying, and investing in, the best peer-to-peer lending opportunities.

Video 40
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Diana Chin (HR & Operations). What’s the market strategy? BLEND stands for better lending. Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Peer lending meets machine learning, with LendingRobot.

Video 40