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Revolut Launches Price Comparison Service In UK

PYMNTS

FinTech Revolut is working with Decision Tech , a price-comparison technology company, to launch a new service to help users compare — and switch — providers of gas, electricity, broadband, mobile and TV. Davies is leaving to take over Allica Bank, which specializes in lending to businesses. according to an emailed release.

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FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia

PYMNTS

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We

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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.

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Frictionless Finance with FinTech

Chris Skinner

His latest piece is his take on FinTech, which has the main headline that FinTech is taking away frictions in finance. Larry Summers, former director of the National Economic Council for President Barack Obama, writes a regular column in The Financial Times. Google, Apple, Facebook and Amazon [GAFA].

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Australia’s Alt-Lending Market Vows Transparency

PYMNTS

28) said the Australian Small Business and Family Enterprise Ombudsman announced a collaboration with BankDoctor.org and FinTech Australia. The report, titled “FinTech lending to small and medium-sized enterprises: Improving transparency and disclosure,” outlines best practices in promoting fair business with SMB borrowers.

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For UK’s SME Lending, Looking Toward Tech For A Boost

PYMNTS

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. Simply put, most SME executives do not do much in the way of comparison shopping for loans.

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Tide Revamps SMB Overdraft, Card Offerings With Mambu

PYMNTS

According to the release, Tide also wants to allow members to lend to other members using some new integrated technologies. Boonstra said the difference today is that, when customers evaluate where to do their banking, they look more at experiences than at comparisons between different banks.

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