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Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. As can be seen, Georgia, California, and Nevada have the highest levels of probabilities of defaults and some of the highest increases. ” The reality is that banks should be much more granular in their ratings to allocate capital more efficiently.

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Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

PYMNTS

The $3 million in funding was led by Thrive Capital, including participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors, reported TechCrunch. The platform is licensed in Colorado, Florida, Georgia, Maryland, Minnesota, North Carolina, Oregon, Tennessee, Virginia and Washington, D.C.

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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

PYMNTS

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk.

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Trulioo Taps GM Zac Cohen As New COO 

PYMNTS

million to date, with early investors Blumberg Capital, BDC Capital and American Express. We’re on a mission to build trust online and ensure that everyone everywhere has the opportunity to participate in the digital economy.” . In July, the company expanded operations to include Bahrain, Iceland, Qatar and Georgia.

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B2B eCommerce Tips The VC Scales

PYMNTS

million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April. ForwardLine said it plans to deploy the capital to bolster its loan origination initiatives. SaaSOptics.

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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. The service said it attracts some 19 million unique monthly visitors to its online automotive marketplace. and autoscout24.de.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

Last week , Walmart Pay rolled out in Alabama and Georgia. Online to offline coming to Walmart near you, and we mean that sincerely. Online lending . The venture capital backers are no doubt smiling. . Slam dunk sizzle. Is payment enabling those storefronts next? . Walmart Pay. A pretty clear-cut sizzle.

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