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OnDeck’s Noah Breslow on building a community business bank

Bank Innovation

Small business lending company OnDeck is expanding its ecosystem of products. Through its application for a bank charter, the company wants to become a full-service digital bank for small businesses it says are overlooked by traditional banks.

Community 360
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OnDeck wants to become ‘mom and pop’ bank of the future

Bank Innovation

The company, which has been outspoken about its pursuit of a bank charter, is trying to move beyond loans and become a digital bank for small businesses. CEO Noah Breslow called the target customers “mom and pop, main street small businesses” with less than […].

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How Rising Bank hit $150M in deposits in one year

Bank Innovation

The inability to reach someone outside of business hours is a source of friction for some digital bank customers, but Rising Bank wants to set itself apart through one-on-one attention.

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Weekly Wrap: Banner week for fintech acquisitions

Bank Innovation

In this episode, editors discuss the following news developments: Implications from LendingClub’s acquisition of Radius Bank; How Ally’s acquisition of the non-prime lender CardWorks boosts the bank’s long-term plans; and The launch of digital banking startup Level […].

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How Rising Bank hit $150M in deposits in one year

Bank Innovation

The inability to reach someone outside of business hours is a source of friction for some digital bank customers, but Rising Bank wants to set itself apart through one-on-one attention.

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14 Surprising Projections on the Future of Banking

The Financial Brand

Research on the future of banking finds that most changes in the future of banking will be evolutions of the more recent past. The post 14 Surprising Projections on the Future of Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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The Neobank That’s Growing Like Crazy (and Earning Record Profits)

The Financial Brand

The original U.S. challenger takes a different approach to disrupting. Hint: It requires a full-service balance sheet, not just a slick app.). The post The Neobank That’s Growing Like Crazy (and Earning Record Profits) appeared first on The Financial Brand.