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Revenue-Based Financing Challenges The Bank Loan Status Quo

PYMNTS

by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital. venture capital investments in U.K. venture capital investments in U.K.

Capital 132
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4 winners and losers from the American Banker Digital Banking 2018 Conference

Gonzobanker

Maybe the mindset amongst many bank digital execs is “we’re building all this great functionality…surely our crappy adoption must be because of our poorly trained front-line staff”. See you can align your business and digital strategy. And yes, you can humanize digital banking. More competition is welcome.

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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Source: DeBanked ) Square Capital lent about $1.6 In a recent American Banker. Source: DeBanked ).

Lending 125
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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. Just referring customers to capital sources. But Chime is even further removed from any actual capital. An arbitrage between Apple and commodity banking capital. No shenanigans.

Capital 52
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The Three Things Every Digital-Card App Needs

PYMNTS

“To bring it to a fine point, the pandemic has clearly separated institutions into two buckets — the digital haves and the have-nots. The folks that have formalized a digital strategy and have been executing on it were much more able to capitalize on these trends.”. and the digital challenger banks.

Cards 334
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2020 Holiday Season: How Marketers Can Prepare and Adapt – Webinar Transcript

Perficient

He’s an amazing talent in terms of overall digital strategy and really helping clients develop a vision and, for that matter, drive digital transformation. It’s been a pleasure working with you and bringing some of your ideas to our digital strategies as well. Jim: Thanks, Eric.

Marketing 294
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37 Corporate Innovation Labs In Finance

CB Insights

Capital One — Capital One Labs. Key people: James Patterson, Managing VP & Head of Capital One Labs at Capital One. Capital One Labs aims to streamline the product creation process, with a focus on consumer-first design. Notable projects: Capital One Cafes have been popping up in cities all over the country.