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VCs Back Autobooks For SMB Banking

PYMNTS

FinTech Autobooks announced new funding to support its SMB banking solutions. The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We

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The ICBA 22/23 executive committee is all in

Independent Banker

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

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Bitcoin Daily: Ripple Goes To College To Research Blockchain; Bitcoin Value Drops To Lowest Level In 7.5 Weeks

PYMNTS

Carnegie Mellon, Cornell, Duke, Georgetown, Morgan State, Kansas, Michigan and Northeastern universities in the U.S., as well as the National University of Singapore and the University of Sao Paulo, have now joined the Institute for FinTech Research at Tsinghua University (THUIFR) in Beijing under the UBRI. “In

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TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. Developments From Around The Credit Union Space. Federally insured CUs in the U.S. The CU space is not all rosy, however.

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PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack

PYMNTS

” Additional research examined the state of small business finance for Q1, revealing a healthy level of competition between traditional lenders and FinTechs like PayPal vying to capture more of the small business borrowing segment. . Overall, small businesses’ economic sentiment for the quarter fell – but there is some good news.

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Cash Flow Data Can Improve Credit Access with an UltraFICO® Score

FICO

What’s more, unlike some fintech initiatives that assess risk based on cash flow data alone, the UltraFICO® Score presents the best of both worlds, combining cash flow data with traditional data from consumers’ credit files, along with the odds-to-score ratio that lenders understand. Prior to joining FICO, Ms. See all Posts. Related posts.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. A few things stand out. .

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