PYMNTS
SEPTEMBER 17, 2020
The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. The funding initiative was led by returning investor GIC, a wealth fund established by the Singapore government, and Durable Capital Partners, a Maryland investment company, the release stated. million U.S.
Independent Banker
NOVEMBER 30, 2022
And yet, some industry experts have observed that AI is not yet being used to its full advantage in vendor management—one of the thornier problems that community banks are wrestling with today. If a community bank has just a handful of vendors, managing those vendors is fairly straightforward. Improving communications.
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CB Insights
NOVEMBER 6, 2019
The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. KEY TAKEAWAYS.
PYMNTS
JULY 29, 2019
In many cases, it also requires partnering with emerging FinTechs that are able to quickly deliver the innovations members want most. Speaking of efficiency, a new service from a Maryland-based CU aims to simplify the small dollar loan application process. Auto lending is also getting an upgrade in the CU market.
Independent Banker
NOVEMBER 30, 2022
For starters, they will need to institute a strategy for managing the emergence of super apps. In addition, community banks need to evaluate their partnerships with fintechs and other third parties. Colleen Morrison is a writer in Maryland. Community bank considerations. In short, the personal relationship matters.
Independent Banker
AUGUST 31, 2021
The financial services industry is acting on this digital demand, incorporating fintech solutions, instant payments offerings and crypto banking products. For example, enabled by application programming interfaces (APIs), many community banks are embracing fintech solutions. Colleen Morrison is a writer in Maryland.
PYMNTS
FEBRUARY 24, 2017
First, bitcoin has managed to stay above $1,000 for a record 10 days, leading some to speculate that the cryptocurrency could be developing a new, $1,000 price floor — though it may still be too early to tell. Locations on the radar for new Coinsource ATMs in 2017, according to Sharp, included in Maryland, Massachusetts, Washington, D.C.,
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