Bank Innovation

MAY 9, 2018

New takes on lending and underwriting dominated the opening day of demos at FinovateSpring 2018 here yesterday. SANTA CLARA, Calif. - But this being fintech's leading demo showcase, the featured startups offered up these basic, fundamental aspects of banking in a new way, often with "artificial intelligence" under the hood.

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Lending Fintech cryptocurrency Cards 186

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. 28), claiming that XRP is a “cryptocurrency asset,” not a security, CoinDesk reported, citing the company’s press release.

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Capital Security cryptocurrency Fraud 175

Bank Innovation

JUNE 14, 2019

According to Henrique Dubugras, CEO and co-founder of Brex, blockchain is overhyped but cryptocurrencies are underrated. The corporate credit card startup is fresh off a $100 million funding round that has landed it a $2.6 Fintech executives sounded off on blockchain at CB Insights’ Future of Fintech conference this week.

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blockchain Fintech cryptocurrency Conference 276

PYMNTS

JANUARY 2, 2019

Lenders are weathering the downturn in cryptocurrency better than other players, with the industry seeing strong demand from borrowers. This is helping those who believe cryptocurrency prices will go higher by allowing them to cover the bills, while also lending digital tokens to people who think the price can fall further.

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cryptocurrency Bitcoin Lending Industry 150

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

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Capital Lending Cards cryptocurrency 174

CB Insights

JANUARY 26, 2023

First name Last name Email Company Name Job Title Phone number Using CB Insights data, we mapped how a16z spread these fintech investments across categories like payments, blockchain, digital lending, and more. Tally Technologies ($80M Series C): Tally’s app helps consumers pay off credit card debt more quickly by automating payments.

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Strategy Fintech blockchain Lending 101

Bank Innovation

DECEMBER 19, 2017

Aside from the important events like record-level funding for fintechs across the globe, cryptocurrency mania, Coinbase entering the Unicorn club at a $1.56B valuation in the last quarter, there have been some […].

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Trends Fintech cryptocurrency Operations 352

PYMNTS

FEBRUARY 6, 2020

5, Federal Reserve Governor Lael Brainard discussed the Fed’s process of evaluating the possibilities, issues and benefits of adopting cryptocurrencies and digital payments. Airwallex, Visa Team For Borderless B2B Card. Speaking at Stanford’s Graduate School of Business on Wednesday, Feb.

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Payments Cards Retail cryptocurrency 130

Bank Innovation

JANUARY 25, 2018

The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […].

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PYMNTS

FEBRUARY 27, 2019

27) that it is launching “My Chase Plan,” a tool that allows card customers to finance purchases of more than $500. JPMorgan also plans to roll out “My Chase Loans,” which will enable customers to borrow money against unused credit card balances.

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Marketing cryptocurrency blockchain Meeting 145

PYMNTS

JULY 27, 2020

Davies is leaving Revolut to take over the Allica Bank, which specializes in lending to businesses, according to the FT. Revolut was launched in 2015 by issuing prepaid debit cards that let customers conduct transactions in multiple currencies without incurring additional fees. The company recently expanded into the United States.

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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. And to learn.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

MARCH 12, 2020

Plaintiffs in a case that alleged JPMorgan Chase charged clients too much for buying digital currencies with their credit cards have reportedly arrived at a settlement with the bank, CoinDesk reported. However, she reportedly noted that the institution halted the processing of credit card digital currency purchases due to credit risk.

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PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Direct Lending Probe : An SEC investigation has prompted the founder and CEO Brendan Ross to resign. IPO could stand for … Investors Prefer to Own.

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PYMNTS

JULY 24, 2019

In other news, cryptocurrency loan startup YouHodler forgot to password protect a server, which led to customer credit cards and user transactions being exposed for nearly one month. None of the information on the database, which held 86 million lines of daily updating records of the lending platform, was encrypted.

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Bank Innovation

DECEMBER 6, 2017

Here are the five companies of Class 4 of INV Fintech: Bloxable: Bloxable provides decentralized solutions for lending origination and the securitization of mortgages […]. The six companies were chosen from among a wide array of applications from across the globe.

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Fintech Lending Company Capital 315

PYMNTS

APRIL 26, 2019

Visa’s newest APIs will help those within the Visa ecosystem to create digital cards on demand and add digital services. In addition, they are expected to jointly explore new product and service offerings in digital lending. Is Apple Card Already Changing Payments? The aim is to announce the launch of the credit card in 2019.

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Bitcoin Apple Cards Compliance 175

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. In B2B payments, that means changes in how businesses access, protect and ultimately make their money. 65% of U.K. 65% of U.K.

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PYMNTS

MAY 29, 2019

Over the last year, we’ve worked aggressively to grow SoFi from a desktop lending business to a broad-based, mobile-first financial platform enabling members to borrow, save, spend, invest and protect their money,” said Anthony Noto, CEO of SoFi. billion in 2018, up from under $1 billion in 2013. percent annual percentage yield.

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Payments Source

MAY 22, 2018

credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next.

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cryptocurrency Cards Risk Management Management 86

Bank Innovation

MAY 3, 2018

But working with the cryptocurrency taught the payments company quite a bit about blockchain technology, and how it ends up employing that knowledge may be the true payoff […]. Square made a splash when it announced it would sell bitcoin in its Cash app, but failed to make much money doing so, it was revealed yesterday.

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Bitcoin blockchain cryptocurrency Technology 170

PYMNTS

AUGUST 6, 2018

Facebook Talks To Banks About Checking, Card Data. Facebook has been talking with banks about sharing customer data, such as checking account balances and card transactions, according to a new report. Customers looking to watch more movies will get a $2 to $5 a month discount per ticket.

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social media Bitcoin cryptocurrency Regulation 100

Gonzobanker

JULY 9, 2021

As fintech startups, challengers, and even mature fintech providers laser in on evermore specific pain points, investors pour funds into the payments, lending, data, and other approaches to pain relief. While the company initially focused on mortgage lending, the delivery ambition here is way beyond mortgage and point-of-sale.

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CB Insights

AUGUST 3, 2017

Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. Lending : Companies providing loan and credit products, such as Creditas , which has raised $27M to offer collateralized loan products. Track the LatAm fintech companies in this brief and many more on our platform.

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Company Fintech Comparison Marketing 65

CB Insights

DECEMBER 10, 2020

Below, we take a look at how tech companies are unbundling Bank of America’s front office, from consumer deposits and payments to equity research and business credit cards. . However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. . SMB lending . First name.

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America Lending Cards San Francisco 101

Javelin Strategy & Research

NOVEMBER 7, 2023

2024 Trends & Predictions: Digital Assets & Crypto Javelin Report Date: November 7, 2023 Authors: Joel Hugentobler , James Wester Research Topic(s): Digital Assets & Crypto The world of digital assets and cryptocurrencies seems poised on the precipice of realizing more of its promise.

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PYMNTS

FEBRUARY 28, 2018

Within that services segment, Cash App posted strong growth as consumers armed with Cash Card spent about $90 million in December alone. As for lending, the company said there were 47,000 business loans outstanding at the end of the latest quarter, worth a total of $305 million and up 23 percent from last year. Oh, yes: Bitcoin.

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Bitcoin Cards Capital Conference 101

Bank Innovation

JANUARY 24, 2018

NetBase examined 55 brands across sectors including banking, credit cards, investment banking, payment services, insurance, online lenders and crypto. American Express is the “most-loved” financial service on social media in 2017, according to a recent report, followed by PayPal, Vanguard and bitcoin.

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social media Bitcoin Branding Cards 247

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. Table of Contents: Amazon’s product strategy. Amazon’s Next Financial Pillar. Closing thoughts.

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Cards Lending Strategy US 101

Independent Banker

NOVEMBER 25, 2015

Meanwhile new competitors regularly emerge, including person-to-person facilitators such as digital wallet provider Venmo, crowd-funding loan provider Lending Club and real-time cryptocurrency settlement company Ripple. Although they have bank accounts, they often prefer to use prepaid cards and mobile options to manage their finances.

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Community Bank Community Analytics Lending 70

PYMNTS

OCTOBER 4, 2019

Once upon a time in the 1960s, banks were building a series of one-off card-based solutions , much the way today in the ending days of the 2010s we see global digital banking, mobile wallets and alternative underwriting schemes building one-off tech-based solutions for financial services products. Top Stories.

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CFPB Monitor

JULY 19, 2022

Mr. Rice highlighted the Military Lending Act (MLA) as a basis of CFPB enforcement actions, and discussed the importance of the MLA and the Servicemembers Civil Relief Act (SCRA) in protecting military customers.

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PYMNTS

FEBRUARY 16, 2018

Nicknamed NepFin, Neptune Financial recently announced $10 million in Series A funding for its alternative lending solution. Andreessen Horowitz and cryptocurrency hedge fund Polychain Capital led the investment, reports in Investopedia noted. We break down where $77.5 Alternative Finance. Neptune Financial.

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Fintech blockchain Capital Payments 124

PYMNTS

JANUARY 17, 2019

receiving paper checks and even fewer using payroll cards. With changing employee landscapes comes changing employee payroll demands for features like faster access to wages, employee lending programs, financial wellness tools, cryptocurrency payments and more.

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Capital Tools Survey Management 173

Abrigo

FEBRUARY 8, 2022

NBFIs are broadly defined as institutions other than banks or credit unions that offer financial services, such as money services businesses, casinos and card clubs, trust companies, securities and commodities, firms, and insurance companies. Consent Orders More Common.

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PYMNTS

SEPTEMBER 6, 2018

Take cryptocurrencies, for instance. Many FinTech firms operate with an on-demand mentality — services, payments and lending done 24/7, across time zones and currencies. The store is self-serve, which means that customers can select a plugin, try a demo, pay with a credit card, and be off and running.

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CB Insights

NOVEMBER 21, 2019

This subcategory includes companies enabling the trading, storing, and/ or usage of cryptocurrencies, but excludes companies working on cryptoassets unrelated to financial services (e.g. For example, KNØX Custody (disclosed equity funding of US $6.2M) provides insured cryptoasset and cryptocurrency custody solutions. Capital markets.

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Fintech Marketing US Technology 93