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Amid The Losses, Taking Stock Of The Crypto Crash

PYMNTS

In this space just last month, we noted findings from Boston College that showed that 4,000 ICOs had raised $12 billion. One of the duo responsible for the Boston College paper, PhD candidate Hugo Benedetti, took note of the gold rush that comes when the timing is spot on. Past is prologue, as the saying goes.

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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.

Capital 145
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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.

Fintech 143
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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

The average temperature in Boston in February is 37 degrees Fahrenheit, but on Saturday it was 52 degrees. And if they valued it just at even an after-tax minimum wage rate, Evans says consumers must have believed they got at least $2.8 The average height of a female in the U.S. A week ago it was 28 degrees. In other words, it’s a lot.

Big Data 135
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242 Startup Failure Post-Mortems

CB Insights

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. -Kyle Hill, HomeCare CEO. Product: BTCJam.

Company 78