Remove Capital Remove Definition Remove Innovation Remove Regulation
article thumbnail

Without Regulation, Alternative Lenders Turn To Self-Policing

PYMNTS

Last week, OnDeck, Kabbage and CAN Capital banned together to form the Innovative Lending Platform Association (ILPA), an advocacy group to champion increased transparency for small business borrowers in the alternative and marketplace lending sphere. Is the alternative lending space concerned about incoming regulation?

article thumbnail

Press Release: BankBazaar Marks Third Year of Growth; Hits Rs. 215 Crore Revenue

BankBazaar

There are now 100 million active Credit Cards in India, and FY25 is poised for significant innovations and rapid growth in this space. Our focus on forging meaningful partnerships with solutions that are fully compliant with co-brand Credit Card regulations has positioned us well to leverage this growth phase in the industry.”

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Lend More to Small Businesses

Gonzobanker

Of small business owners who applied for a business loan in early 2023, 6 in 10 found it difficult to find affordable financing, and overall, 77% are concerned about their access to capital according to a survey from Goldman Sachs. According to Randi Zeller, senior advisor to Community Reinvestment Fund, USA: “There is no lack of capital.

Lending 78
article thumbnail

Why B2B Payments Innovation Is Key To China’s Global Standing

PYMNTS

percent of domestic and cross-border payments in December 2017, SWIFT found, with the company’s Head of Payments Markets, Asia-Pacific, Michael Moon noting, “Experts suggest that capital controls and uncertainties over future regulations mean that a significant reversal of the decline in RMB usage for trade and payments is unlikely in 2018.”.

article thumbnail

Inside The FIS Innovation Process With EVP Bruce Lowthers

PYMNTS

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

article thumbnail

Open Banking Co Token Receives $16.5M Investment

PYMNTS

The capital is going to be utilized by continuing the work of TokenOS , which is one of the leading open banking platforms in the world. The company wants to continue to innovate payments solutions using ID and digital money technology. Older investors like EQT Ventures and Octopus Ventures also took part in the investment.

article thumbnail

In B2B Payments, Speed Is Only Part Of The Package

PYMNTS

And, much to the relief of corporates, the continuing focus on B2B payments innovation. We are definitely seeing more innovation in the cross-border B2B space in the last two years than we have ever before,” he recently told PYMNTS. “We The evolution of blockchain-based services. Collaboration between FinTechs and banks.

Payments 183