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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. According to the publication, the partnership is not only noteworthy for the FI’s work with a FinTech.

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OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform

PYMNTS

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101
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Banking On APIs For B2B Innovation

PYMNTS

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Across the US, well-funded companies are rethinking how the financial system operates. Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state.

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it tracker 7.19

PYMNTS

The figure stands on its head the usual dominance of FinTech. Accor is the biggest hotel operator in Europe, with the deal now helping to loosen up funds to boost and spruce up its existing holdings. Accor is the biggest hotel operator in Europe, with the deal now helping to loosen up funds to boost and spruce up its existing holdings.

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7 ways community banks can boost profitability

Independent Banker

A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. There are many examples of bank-fintech partnerships. Cheryl Winokur Munk is a writer in New Jersey.

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The Investments Keep On Coming And ‘Uber For Trucks’ Banks $10M Investment

PYMNTS

But innovation watchers have been watching Rio and Brazil in general for some time as the nation increasingly becomes an incubator nation for FinTech development and talent. The figure stands on its head the usual dominance of FinTech. Cargo X fills that hole, literally, and lowers costs (while upping revenue) for truck owners.