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SMB-Focused Lender Judo Bank Attains Unicorn Status

PYMNTS

Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine , meaning it has achieved a valuation of at least $1 billion. Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital.

Lending 130
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Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations

PYMNTS

As covered by Global Trade Magazine in reports in Monday (June 11), the ICC’s 2018 “ Global Trade: Securing Future Growth ” report included a survey of 251 global banks — 8 percent of those respondents provide 90 percent of the world’s trade finance value. Digitalization will make trade more inclusive.

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Is Rocky SAP Shareholder Vote Cause For Concern?

PYMNTS

SAP, Europe’s largest technology conglomerate, could be seeing its shareholder confidence waver, reports said Wednesday (May 10). SAP ’s supervisory board only narrowly secured shareholder approval for its actions during its annual general meeting, securing 50.49 percent of the vote.

Meeting 100
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Meet Our 2023 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker.

Meeting 52
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Bulletin: A Cheaper Way To Sell In-Store

PYMNTS

Bulletin has also released an early version of software to make it easy to book a space and access sales numbers, and it will continue to improve upon that technology. With that in mind, the company has secured funding from YC, Notation Capital, Halogen Ventures and Jesse Draper.

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How Digitization Turned Media’s Cash Flow Upside Down

PYMNTS

” FastPay sees this cash management gap as an opportunity to provide working capital loans to players in the industry. “You have fewer areas of dispute when you run a TV ad or buy a page in a magazine, because it’s pretty much binary — you can see it, you can hear it,” he said. ”

Capital 100
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My Fantasy Banking Team

Jeff For Banks

The Owner/Chairman Criteria: I looked to Bank Director Magazine's annual scorecard for my pick. Selection: Mitch Englert, EVP of Community Banking, Capital City Bank Group, Inc. Thirty-four percent of Capital City's deposits are non-interest bearing. Security Bank in Midland, Texas lends to business, period. The kicker.