article thumbnail

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.

article thumbnail

Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. The best quote I’ve heard recently is, “Anyone can lend money. MBA Annual. Money 20/20.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Getting Mobile Ready

Independent Banker

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. Consumer studies the Boston firm has conducted indicate increasing mobile-banking adoption and awareness and use of mobile remote-deposit capture applications.

Mobile 105
article thumbnail

Doing Omni-Channel First, Or Doing It Right?

Banking 2020

Regardless of how and why they hit the market, some technology-driven innovations seem to lend themselves to particular vertical markets and/or disciplines. Mobile payments enabled by those smartphones and tablets may not be popular with everyone, but those millennials are coming to love them. Wearable technologies? Social channels?

Retail 40
article thumbnail

Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

US consumers aged 18+ make an average of 70 payments per month, with debit cards accounting for 32% of those purchases, according to a 2017 study by the Boston Fed. With millions of existing customers and large millennial user bases, fintechs are in a prime spot to expand their product lines. How the products work. Concluding thoughts.

Cards 71
article thumbnail

FinovateSpring 2016 Live Blog – Day 2

William Mills

Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. I suspect it could be very popular with Millennials as they get serious about savings and investing. BLEND stands for better lending. Technical Consultant). David Carr (Innovation Manager).

Video 40
article thumbnail

Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Millennial saving & investing app. Online consumer lending. Person-to-person small biz lending platform. Multi-family lending management. Tags: SMB, enterprise, commercial lending, non-residential real estate, underwriting, investing. Source: Finovate. Person-to-person lender. Total raised: $69 million.

Company 12