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Amid The Losses, Taking Stock Of The Crypto Crash

PYMNTS

To date as a group, the losses have mounted for all the cryptocurrencies out there – the ones that came to market and were snapped up and bought by speculators, and then sold. In this space just last month, we noted findings from Boston College that showed that 4,000 ICOs had raised $12 billion. In fact, busts on a devastating scale.

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Amazon Sizzles, Plenti Fizzles And Goldman Gets Its Consumer Banking Groove

PYMNTS

In recent years, its core trading business has slowed, and its capital market and merger businesses have been fairly flat. Goldman’s first toe in the water was Marcus, its consumer banking and lending platform, said to be named after its founder. Not so much anymore. The Big Bet on Consumer Services. The Dip into Commercial Banking.

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The Case For Localizing Mom-And-Pop Investment

PYMNTS

.” That lack of awareness can be damaging to the economy: An entrepreneur who fails to obtain a bank loan may give up on the business venture altogether, losing out on an opportunity to generate revenue, create jobs and contribute to the broader economy through tax payments. Localizing Capital.

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

PYMNTS

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. Data Doubletalk.

Big Data 135
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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. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

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Innovation in the Asset Management industry

Tefkin

By automatically tracking indexes, they offer investors the possibility to obtain market performance at a lower cost than a typical managed funds. Lendingclub has provided attractive returns to individual investors who would never have had the possibility to directly invest in consumer lending with the necessary diversification.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Alt-lending to small businesses. HQ: Boston, Massachusetts. Marketplace lending analytics. Tags: SMB, lending, credit, underwriting, payments, point-of-sale, mobile, trade finance. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5

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