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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

PYMNTS

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. CUs are also leveraging the latest technologies, including cloud computing, to continue fostering the relationships with their customers. CUs like St. million in 2019.

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Fed’s Sapenaro On How To Forge Ahead With Payments Innovation

PYMNTS

With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. Louis, as its new payments strategy director.

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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

In this roundup, Global Payments is providing Bluetooth technology and mobile payment capabilities to Mary Kay Sales consultants; iZettle, the U.K. Louis-based startup has defied the odds and raised $750,000 during a slowdown in funding for Fintech startups. Louis with 10,000 people currently using the app.

Mobile 100
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The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pahuja, country manager and managing director of PayPal India. Louis, James Bullard, offered a warning of his own: U.S. For us, the marathon has just begun.”.

St. Louis 108
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e.,

Lending 243
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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Payments technology. Blockchain technology . Healthcare & insurance technology. Tags: B2B2c, SMB, consumer, lending, auto loan, vehicle credit, underwriting, secured, captive financie, lead gen. Total dollars raised YTD is now $14.7

Company 12
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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Two Finovate alums scored big rounds: Zooz raised $24 million for its payment technology. Fintech deals by size from 30 April to 6 May 2016: VTS. Payments technology. Louis, Missouri. Louis, Missouri. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). Total dollars raised YTD is now $14.3