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. Commercial Banking. D3 Banking. Lendingkart.

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Lending Analytics Capital Industry 101

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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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. And disrupt Lending Club did, with its marketplace lending model, scores of imitators in the U.S.

Lending 100

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 Technology Utilization.

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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. As Yahoo Finance U.K. FinTech Efforts in Estonia.

Fintech 187

Fintech Lending Capital Regional 187

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).

Google 282

Google Examples Regional Lending 282

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. The many thousands of U.K.

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Cards Payments Google Tools 160

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. bank technology firm securing $100 million to expand in the region. Plus, an accounts payable technology company announced a $127 million equity round. KarbonCard. next year.

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Fintech Capital Security FDIC 193

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.

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

AUGUST 6, 2020

Payments provider Contis has applied for the Royal Bank of Scotland (RBS) and Banking Competition Remedies (BCR) Alternative Remedies Package, two grants totaling £35 million ($46 million), which it intends to use for a variety of new, digital payment technologies for small- and medium-sized businesses (SMBs), a press release says.

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Innovation Cards Apple Google 143

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.”

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Google Examples Technology Operations 225

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.

Regulation 349

Regulation National System Industry 349

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. So far, episode topics include cover loan pricing in a rising-rate environment, cannabis-related banking , and technology implementation. Indeed, with 2.8

Community 195

Community Lending Maine Resources 195

PYMNTS

JANUARY 23, 2019

Payments company Swift Prepaid Solutions and small business financier Bitty Advance are collaborating on technology to accelerate small businesses’ access to merchant cash advances. The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay.

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Samsung New York Branding Apple 162

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. And the places to look for today’s big disruptors are not the technology that is making the loudest bangs.

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Regulation Data Apple Payments 131

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. The company has the goal of finding and nurturing new technology companies. An average of 1.6 SoftBank announced Deepcore earlier last year, Bloomberg reported at the time.

Regional 171

Regional Lending Fraud Maine 171

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. Our simple idea was that better technology and better data science could improve access to credit,” Girouard said.

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Kansas City Lending Omaha Kansas 223

PYMNTS

SEPTEMBER 25, 2019

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. Nigerian banks don’t like to lend,” Hainy said. That’s not all. So that’s our starting point.”.

How To 130

How To Lending Digital Banking Examples 130

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

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.

System 116

System Taxes Regional Google 116

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.

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Google Apple Industry Branding 72

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

PYMNTS

SEPTEMBER 21, 2018

The unit handles the bank’s corporate lending, M&A advisory services and capital raising operations. Earlier this year, the bank announced the launch of new features for its CashPro Mobile platform, adding biometrics and embedded token technology into its corporate mobile banking offering.

America 135

America Samsung Mobile Operations 135

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Austin 131

Austin Lending Omaha New York City 131

PYMNTS

AUGUST 27, 2018

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. Volkswagen’s recently announced investment in connected and autonomous car technology will lead to a projected “1 billion euros ($1.17

Software 100

Software Google Detroit System 100

PYMNTS

OCTOBER 13, 2017

The company uses API technology to facilitate corporate payments to suppliers and employees across the globe, and deploys blockchain (fueled by Ripple) for liquidity and treasury management capabilities. Alternative Lending. million in fresh equity funding for its small business lending solution. Payment Rails. A healthy $1.1

Fintech 118

Fintech Lending social media Management 118

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

CB Insights

MAY 8, 2018

And, although Google searches for “bitcoin” and “blockchain” have slid, companies are still flush with cash from 2017’s ICO boom, cryptocurrency price run-up, and venture capital investment — and are spending it. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology.

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blockchain Trends Technology cryptocurrency 75

PYMNTS

JULY 28, 2017

It may be slow on the B2B venture capital front, with just $31.5 With $16 million in new venture capital (VC) funding, SyncHR, based in the U.S., The company provides Human Capital Management cloud-based software to businesses. Launched last year, Wishbook was founded by former Google worker Arvind Saraf.

Big Data 105

Big Data Capital Software Data 105

PYMNTS

SEPTEMBER 8, 2017

The company is backed by Alibaba Group and led by Johnny Chou, former Greater China president for Google. Another $100 million will be used to invest in technology, with the rest funneled to “general corporate purposes” and mergers and acquisitions (M&A), according to reports.

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United States Google Fintech Maine 100

PYMNTS

JANUARY 6, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. That, said Namely, is a reflection of how demands for payroll technology are changing across the mid-market. 5), with Altimeter Capital and Scale Venture Partners leading the Series D round.

Capital 108

Capital Software Fintech Company 108

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

CB Insights

MARCH 20, 2019

China Development Bank Capital, Coatue Management, Hillhouse Capital Management, IDG Capital, Temasek Holdings, Tencent Holdings, Tiger Global Management. Select Investors : Credit Suisse, Deutsche Bank, DST Global, GGV Capital, Goldman Sachs, IDG Capital, J.P. Salesforce Ventures, Sequoia Capital, Y Combinator.

Company 70

Company San Francisco Capital Software 70

PYMNTS

AUGUST 12, 2016

This week, venture capital for B2B startups is all about quality — not quantity. million in B2B venture capital from the last seven days below. 8) a $1 million seed round for its solution, which provides technology to identify the most efficient and cost-effective payment rail for B2B payments. Alternative Lending.

Big Data 100

Big Data Software Capital Cards 100

CB Insights

SEPTEMBER 10, 2020

It’s possible some will, but if they can move quickly to offer new products across lending, investing, and wealth management, it’s also possible that the neobanks with sustained customer growth will survive as competitors or potentially become acquisition targets. What is the main differentiator regarding open banking?

Fintech 46

Fintech Innovation Lending Regional 46

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As

Lending 135

Lending Fraud Management San Francisco 135

Bank Innovation

AUGUST 18, 2016

Credit Karma edged out Chase Mobile and Bank of America, which claimed second and third, for the top slot on Google Play. The favorites mostly remain in the top slots for App Annie’s top finance apps this week. The gold medal (sorry, couldn’t resist) on iOS went to micro-investing app Stash Invest, Read More.

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America Google Mobile social media 150