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Finovate Debuts: Race Data Helps Community Banks Turn Customer Data into Market Intelligence

Fintech Labs Insights

“Know Your Customer” is a good axiom when it comes to authentication and security. But knowing your customer is also critical for banks looking to provide the best, most relevant, most personalized service. Jeff Helm: Community banks exist to serve local markets through deep local knowledge and personalized relationships.

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LendKey Adds $8 Million in Venture Debt; Reaches $800 Million in Loans

Fintech Labs Insights

In addition to securing an $8 million venture debt line from Silicon Valley Bank, the lending-as-a-service innovator reached $800 million in loans deployed to more than 35,000 borrowers, and won a commitment of $125 million from its own lending network of more than 300 credit unions and banks. . Anil Nair, SVP Engineering.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Diana Chin (HR & Operations). It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security. Customers can store all of their online profiles in one secure location to improve user experience. Adds in Social security.

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