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Aura is using grocery stores to market installment loans to the underbanked

Bank Innovation

For Aura, an online lending platform for low-income families, reaching underbanked borrowers means going beyond the bank setting and working with retailers to reach customers who may be overlooked by traditional lenders.

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With new funding, Nova Credit to expand auto finance and mortgage businesses 

Bank Innovation

The San Francisco-based company, which partners with such large institutions like American Express, allows institutions to pull foreign credit data to develop U.S.-equivalent Nova Credit, a startup whose technology helps banks underwrite immigrants, is growing its auto finance and mortgage offerings.

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How Embedded Finance is Changing Purchasing & Borrowing Behaviors

Perficient

In this blog, we will look at how a non-banking firm can offer bank-like payments and loans to its customers. Embedded Payments A 2022 study published by the Federal Reserve Bank of San Francisco noted that app payments increased as a percentage of total consumer purchases from 11% in 2019 to 15% in 2020, to 29% in 2021.

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Blend deepens push into consumer banking

BankInovation

Last week, the San Francisco-based digital lending platform launched new application technology for personal loans, credit cards and specialty vehicle loans. “We Blend is continuing to expand beyond its original business of white-label mortgage application technology.

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Blend deepens push into consumer banking

BankInovation

Last week, the San Francisco-based digital lending platform launched new application technology for personal loans, credit cards and specialty vehicle loans. “We Blend is continuing to expand beyond its original business of white-label mortgage application technology.

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Reinventing Device Financing for Telcos

FICO

Typically, from a credit origination perspective, this is where many providers meet their biggest challenge as risk analysis proves much harder without the right lending or credit-risk infrastructure in place. It ensures appropriate risk-priced offers go to market far faster.

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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

Customer experience, automation, machine learning, artificial intelligence (AI), ease of use, flexibility – all of these were part of the discussions at this year’s SourceMedia’s Small Business Banking Conference in Austin, Texas. Think Quicken Loans® on steroids but for small business lending. www.miradortech.com.