Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option for simple daily transactions, but branches are still necessary for the more complex ones And yet banks should not ignore the shift in banking habits brought on by non-bank technology companies.

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Google Apple Survey Digital Banking 225

CB Insights

APRIL 22, 2021

After last year’s payments push , big tech companies are now turning their attention to lending. Amazon, Facebook, and Google’s strategies focus on business lending — offering capital to the merchants, small businesses, or enterprises that they often already provide other services to. Company Name.

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Google Lending Apple Report 36

PYMNTS

JANUARY 13, 2017

The alternative lending industry continues to scoff at doubters, and the latest B2B venture capital roundup suggests confidence is growing in the space — and not just in the U.S., Last month was a booming time for alternative lending when top names, like BlueVine, scored hefty sums. Alt-Lending. Funding Circle.

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Lending Capital Industry Analytics 100

PYMNTS

DECEMBER 1, 2020

Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending and Google's former CEO backs a new tech fund. Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia. Google's Former CEO Schmidt Invests In New $111 Million EU Tech Fund.

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Payments Google Capital Lending 141

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 million worth of venture capital across two deals. But it was the big names from Google, Cisco and Hewlett-Packard that made for the week’s largest enterprise-focused venture capital round. SME Finance. and Europe.

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Lending Capital Google Security 100

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Alternative Lending. alternative lending space this week, too. Lendingkart.

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Lending Analytics Capital Industry 101

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

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Lending Compliance Capital Marketing 100

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Source: DeBanked ) Square Capital lent about $1.6 Source: DeBanked ).

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Lending Community Bank Community Data 136

PYMNTS

JULY 14, 2020

In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. stores for Google Pay and Apple Pay users. Silicon Valley FinTech Affirm is also a regular in the top 5 this year. The account comes with 1.30 Afterpay Co-Founder and U.S.

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PYMNTS

DECEMBER 19, 2017

18) said unnamed sources suggest Amazon is planning to invest in alternative lender Capital Float, based in India. According to The Economic Times , three unnamed sources confirmed the news, which separate reports in VCCircle said would likely be a top-up to the $45 million in Series C funding Capital Float raised earlier this year.

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Lending Capital Google Conference 122

PYMNTS

DECEMBER 7, 2020

Firms with strong balance sheets, he said, have been in a position of strength to capitalize on select opportunities. Big Tech players such as Google make inroads into banking (through the recently announced Google Plex , for example, which integrates checking accounts into the Google app).

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Google Examples Regional Lending 282

Bank Innovation

APRIL 8, 2019

Upstart, an artificial intelligence lending startup, today announced a $50 million equity investment to expand its artificial intelligence-powered platform to other types of credit beyond unsecured personal loans.

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Lending Google Innovation Operations 170

PYMNTS

FEBRUARY 21, 2020

Cashplus is upgrading its mobile app with the Google maps spend tracking feature, the company announced on Thursday (Feb. The Spending Insights tool uses data from Google Maps to find out where and when a payment was made. Transactions are easy to spot and show identifying information like brand logos.

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Cards Payments Google Tools 160

PYMNTS

AUGUST 27, 2019

26) that the company raised $50 million in Series B funding led by Ribbit Capital, based in San Francisco, and Steadview Capital, based in London. Its lending operations connect small businesses with about $500 million in financing over a three-month period, with the company planning to expand that funding amount to $2000.

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San Francisco Capital Lending Fintech 116

PYMNTS

FEBRUARY 19, 2019

As reported, iwoca , a small business lender focused on online lending (with loans up to 250,000 pounds) said it raised 150 million pounds in debt and equity financing (where the division was 20 million pounds of equity financing and with the remainder as debt), as per reports Monday (Feb. In news that came from across the Pond, two U.K.-based

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Fintech Lending Capital Regional 187

PYMNTS

APRIL 24, 2020

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Cross River Bank aims to connect FinTechs and corporates like Amazon and Google with digital banking, lending and deposit services. As an FDIC insured bank in the U.S.,

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Fintech Capital Security FDIC 193

PYMNTS

SEPTEMBER 30, 2020

Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass the process by which they need to collect money transmitter licenses state by state. That last measure aims to ensure that banks lend money and provide banking services to underserved and minority consumers.

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Regulation National System Industry 349

PYMNTS

AUGUST 25, 2017

Moving into lending news, U.K.-based Walmart is getting in on the lending game in its own way with the unveiling of an installment loan offering that will allow people to put higher-priced items on a payment schedule. The discount retailer has also announced two partnerships this week, one with Google and one with IBM.

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Puerto Rico Virgin Islands Retail Google 100

PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. 2) for a wholesale license, which has a capital commitment of $100 million.

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Digital Banking Capital Google Cards 130

PYMNTS

JANUARY 23, 2019

The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay. “New and growing small businesses often need fast access to capital that supports basic needs like inventory purchases, payroll and marketing,” said Edward Siegel, CEO of Bitty Advance, in a statement.

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Samsung New York Branding Apple 162

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. LENDING VERTICALS. peer-to-peer or Marketplace) and lending vertical.

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Conference Lending Community Bank Community 60

Abrigo

MAY 5, 2022

million podcasts in the world, you might find it daunting to weed through the lists on Apple Podcasts, Spotify, Google, or other platforms to find the best banking podcasts. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Lending & Credit Risk. Lending & Credit Risk.

Community 195

Community Lending Maine Resources 195

PYMNTS

APRIL 28, 2016

Citi Ventures, the venture capital unit of Citibank, provided an undisclosed sum to the cloud-based SME lending platform, which provides factoring, inventory financing, invoice financing and other types of loans. Invoice financing company BlueVine just secured financing from Citi Ventures, reports released Wednesday (April 27) said.

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Capital Lending Google Management 100

CB Insights

NOVEMBER 6, 2018

While beauty conglomerates like L’Oréal are making acquisitions to become more tech-enabled, tech giants like Google, Amazon, Facebook, and Apple (GAFA) are pursuing the high margins in beauty through partnerships, consumer insights, e-commerce, and more. Beauty brands partner with Google Assistant and Home. Source: Think with Google.

Google 72

Google Apple Industry Branding 72

PYMNTS

FEBRUARY 18, 2020

The company provides customers with trust system and identity solutions to aid in the areas of eCommerce and lending, particularly in terms of credibility. I wish an enterprise … like a GAFA will start its life in Japan,” he said, invoking the acronym for Google, Apple, Facebook and Amazon.

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Regional Lending Fraud Maine 171

PYMNTS

AUGUST 6, 2020

It will capitalize on Contis’ regulated status to help SMBs access support from FinTechs, including new payments and lending capabilities. Those cards are linked to popular digital payment services, including Apple Pay and Google Pay. There will be three programs for U.K.

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Innovation Cards Apple Google 143

PYMNTS

SEPTEMBER 25, 2019

The interview happened during a time of expansion and aggressive future planning for the company, a small business and consumer micro-lending technology company that operates in Nigeria. Nigerian banks don’t like to lend,” Hainy said. That’s not all. There is no Pan-African digital bank,” Hainy said. “So So that’s our starting point.”.

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How To Lending Digital Banking Examples 130

PYMNTS

APRIL 16, 2019

While most CEO stories are about having founded a firm to solve a problem, Upstart CEO Dave Girouard and his team of former Google staffers actually started with a solution. Because, he said, banks may be the force that dominates consumer lending, but there are no guarantees the ones that dominate today will still rule tomorrow.

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Kansas City Lending Omaha Kansas 223

PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Goldman Plans to Launch Robo Advisor Next Year.

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Regulation Data Apple Payments 131

PYMNTS

MAY 20, 2016

Google’s parent company Alphabet has put itself in quite the conundrum. Earlier this month, Google announced its plans to ban payday lender ads , citing the number of controversies surrounding pitches by financial loan services, particularly payday loan companies, that have been viewed as deceptive.

Google 102

Google Policies Company Industry 102

Bank Innovation

FEBRUARY 17, 2016

Google today relaunched its Google Ideas think tank as Jigsaw, a technology incubator, and the new venture has several projects aimed squarely at some of banking’s thorniest issues. Officially, Jigsaw’s “mission is to use technology to tackle the toughest geopolitical challenges.”

Google 225

Google Examples Technology Operations 225

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. Meanwhile, Australia and Ireland revealed their continuing support of the alternative SME lending space, even as the U.S. Alt-Lending. But the U.S. Capitalflow.

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National Trends Lending Capital 100

CB Insights

AUGUST 1, 2017

This teardown features annotations & commentary by four Social Capital partners. Thanks to the Social Capital team for updating/confirming their portfolio data on the CB Insights Editor. Social Capital is a VC fund with a focus on healthcare and education. CB Insights Note. Investment syndicates. BEST OF DISRUPTION REPORT.

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Capital Software Google Company 34

PYMNTS

SEPTEMBER 21, 2018

The unit handles the bank’s corporate lending, M&A advisory services and capital raising operations. The bank’s current Asia-Pacific President Matthew Koder is slated to replace Meissner, according to reports.

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America Samsung Mobile Operations 135

PYMNTS

APRIL 16, 2019

It also introduces updated requirements, in line with post ‘07-’09 financial crisis levels, for liquidity and capital. Also, banks will have to hold a minimum amount of funds against lending risks, to increase financial stability. Parliament also passed protection for whistleblowers who bring crimes like tax evasion to light.

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System Taxes Regional Google 116

American Banker

AUGUST 7, 2020

Why banks want in on Google checking accounts; readying new tech tools to tackle anticipated rise in delinquencies; more institutions opt to sell PPP loans as heavy lifting nears; and more from this week’s most-read stories.

Google 39

Google Tools Capital Lending 39

PYMNTS

MAY 11, 2018

Also landing on the board this week are alternative lending, expense management, cybersecurity and blockchain players. Alternative Lending. The company provides enterprises with an analytics platform that includes a “Google-like search” feature to analyze complex corporate data. CCRManager. Blockchain.

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Analytics blockchain California Lending 109