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Today In Digital-First Banking: MercadoLibre Gets License From Brazil, Alacriti Collaborates With Glia On Customer Service

PYMNTS

In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on new customer service options for payments needs. Alacriti, the payments FinTech, has teamed with Glia on new customer service choices for payments needs.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. That meeting four years ago led to the launch of Lead Bank’s Credit Builder Account program, which is accessed through an app developed by Self Financial, a fintech. Philadelphia.

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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. According to KBRA, the number of asset-backed securities issues by online lenders, that saw performance triggers activated by missed payments, declined last year.

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The 34 Biggest Banking, Mortgage & BankTech Events in 2023

Fintech Labs Insights

These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms. We expect the calendar to expand as we progress through the year.

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Fintech funding records continue to fall. billion) went to three online lenders (Sofi = $1 billion, Avant = $340 million, Dianrong = $220 million). Online small business lender. Online and mobile payment platform. HQ: Philadelphia, Pennsylvania. The post Fintech Fundings: 25 Companies Raise $1.6

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Brown gives his employees $100 to go open accounts across the Philadelphia area and then shares the results: good, bad and humorous. GonzoBankers, 2019 was a year of extremes.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Mozido’s fintech fraud fiasco. Pixelon: Online video vaporware. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Mozido’s fintech fraud fiasco. Zenefits skirts compliance regulations. The Outcome.

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