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Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195
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From Bad To Worse, Marketplace Lending And The Brexit

PYMNTS

Which under normal circumstances is pretty good – but they kind of pale in comparison to the global display of metaphorical fireworks. A few years ago marketplace-based online lending was being hailed as the the signature innovation that was going to upend tradditional bank based lending for consumers and small businesses everywhere.

Lending 100
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Australians & New Zealanders Want Online Car Loans

FICO

42 percent of consumers in Australia and 40 percent of consumers in New Zealand indicated they would like to apply for their next automotive loan online. The study found that there was a growing inclination for vehicle shoppers in the antipodes to apply for auto loans online. Read the full Australian media release.

Online 45
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The LatAm Fintech Market Map: 75+ Companies Disrupting Banking, Financial Services

CB Insights

Our analysis delves into companies that focus on the financial services industry, including commercial banking and credit offerings, insurance, asset management, accounting, business management, personal finance, and regulatory & compliance services. Payments : Companies offering online, mobile and point-of-sale payments solutions.

Company 65
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Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List

PYMNTS

So, while seemingly paling in comparison, this week had its fair share of Sizzles — and some interesting Fizzles. Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants.

Lending 100
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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2022: #1. All this accretive deal making and prudent management has resulted in a brass ring for shareholders in the form of a 261% five-year total return. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2.

Fresno 103
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B2B Startup Investors Go After The Niche Markets

PYMNTS

In India, where investors have shied away from alternative nonbank financial companies as of late, one small business (SMB) lender managed to secure an impressive funding round. Other investment targets included a Chinese B2B eCommerce platform with a niche focus, an InsurTech startup targeting gig workers and corporate spend management firm.

Marketing 109