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Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected

PYMNTS

Financial experts are predicting Capital One’s second-quarter earnings will fall below expectations, despite their moderate success in the first quarter. Its core card business and its commercial lending activity grew, leading to higher revenue numbers. Last year, Capital One spent $18.6

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3 Alternative Lending Startups to Watch

Bank Innovation

Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

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A Digital Disbursement Fix To Help SMBs Keep Afloat

PYMNTS

Interest in SMB lending overall has therefore sharpened in recent months as legacy banks, digital-only FinTechs and lenders have moved to close the PPP’s gaps, but quick disbursements still remain a priority for waiting SMBs. How the Pandemic Is Driving SMB Lending Innovation. SMBs across the U.S.

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Potential Facebook Crypto Launch Pushes Bitcoin Over $9,000

PYMNTS

There’s even talk that some employees of the social media giant will be able to get their salaries in the new cryptocurrency. Facebook will probably release a white paper on June 18 with an explanation of the social media giant’s plans for its crypto, or token.

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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

It’s a self-perpetuating scenario that keeps barriers to capital in place. In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs.

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Capital One Repeats #RoadToOne Hashtag With Similar Success [VIDEO]

Bank Innovation

This week we’ve kept an eye on Capital One’s March 14th relaunch of #RoadToOne hashtag, the bank’s proprietary handle on its sponsorship for NCAA’s March Madness basketball tournament. With a Twitter reach of over 7.5 million, CapOne’s branding is clearly winning more followers than a bank would otherwise expect.

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Fintech Deals to Watch: Back to School

Gonzobanker

Thankfully, there was still a smartphone and social media to commiserate. Lending Tech With Almost Steady Grades (Even With Rough Semesters). Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

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