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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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How to collect positive customer reviews

Independent Banker

When customers look up businesses online, reviews are one of the first things they see. According to a recent Bright Local survey, 79% of consumers say they trust online reviews as much as personal recommendations from family or friends. Miller is a writer in New Jersey. Quick Stat. Source: Bright Local.

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7 ways community banks can boost profitability

Independent Banker

You have to give people a reason to bank with you,” says Tim Reimink, managing director in the Crowe LLP performance consulting group in Chicago. Now, more than ever, community banks are competing with a broader set of competitors, which may lead some to offer additional products, services or functionality via fintech partnerships.

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Banks Voice Concern Over Data Flow To India’s FinTechs

PYMNTS

Data is everywhere, and amid headlines trumpeting collaboration between FinTech and traditional FIs, there are indeed some possible stumbling blocks about who has access to what when it comes to consumers. s High Street banks have been banding together to oppose FinTech efforts in India to collect customer data.

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Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Labs Insights

Two FinovateSpring 2015 presenters landed big rounds: Credit Sesame raised $16 million to expand its debt management and credit tracking platform. Consumer credit management. Online accounting & invoicing. Online lending ( Paidy ). HQ: New York City. HQ: New York City. HQ: Middletown, New Jersey.

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Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

Through mid-July, the blistering pace of deals continued with 32 new fundings during the week ending July 15. There has been an average of 28 fintech deals per week this year. Fintech deals by size from 9 July to 15 July, 2016: Blockchain Intelligence Group. Online automobile insurance. HQ: Jersey City, New Jersey.

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Newborn Unicorns: Meet The New Class Of $1B+ US Startups

CB Insights

This new unicorn cohort operates across industries, from fitness tech to cybersecurity to enterprise data management. Select Round Investors: capitalG, Goldman Sachs, Balyasny Asset Management. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management. OUTCOME HEALTH. Valuation: $5.5B. AvidXchange.

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