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Capital Float On The Path To Video-Based KYC Implementation

PYMNTS

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. Capital Float had provided 500,000 clients with $1.2 The Roadmap To Adopting Video-Based KYC. Such entities in India were granted relief on Jan.

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Report: Digital ID and Video-Based KYC Help Lenders Onboard SMBs

PYMNTS

Video-based know your customer (KYC) processes are particularly promising in this regard. The latest Digital Identity TrackerĀ® examines KYC regulatory requirements FIs face as well as how video-based KYC can ease onboarding for all parties. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

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What Can Startups Learn from Marketplace Lending Troubles? [Video]

Bank Innovation

The marketplace lending industry is far from dead. This was the upshot from a venture capital panel at a recent Bank Innovation event in San Jose. Rather, itā€™s going through a reboot, which will include improved software, increased focus on regulation, and improved transparency.

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SMB Financing Fuels Week Of B2B Venture Capital

PYMNTS

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. Asia Capital & Advisors led the round, reports said, while Global eTrade Services and Curzon Investments also participated. Apollo Agriculture. CLARA analytics.

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Amazon Opens Up Video Skill API So Alexa Can Control Any TV

PYMNTS

Amazon announced June 8 that its virtual assistant has learned to control more than just the companyā€™s own Fire TV stick: Now, for developers that opt to use the Video Skill API, any cable or satellite TV company, streaming service or content provider can add Alexa voice control to its app. Dish was the first U.S.

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Today In Payments: Stimulus, Vaccine Key To Full Recovery By End Of 2021; Chinese Watchdog Warns More Big Tech Rules Looming

PYMNTS

Plus, online lending startup SoFi is looking to go public through a SPAC. Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company to debut on the stock market. Capital One Halts BNPL Transactions On Its Credit Cards.

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Solve This Problem with Your Strategic Horizon

South State Correspondent

Strategic Horizon and Capital As mentioned, the problem that bankā€™s often run into when it comes to strategic planning is their time horizon is too short. The fundamental problem is a bank’s implied average life of capital is long, some 18+ years, but their strategic horizon is too short – likely under three years.