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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. Some risks occur slowly; others strike quickly and hard.

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Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Designed for borrowers with no credit.

Idaho 52
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GonzoBanker Awards 2017

Gonzobanker

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Oh, by the way, that Fintech darling of two years ago Lending Club?

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Marketplace small business lending platform. HQ: Longwood, Florida. Income tax service. Private tech stock market to sell pre-IPO shares. AI for capital markets news. Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum. million Seed.

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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

P2P lending platform. Online tax preparation. Tags: Consumer, credit, auto loans, lending, underwriting. Source: FT Partners. Latest round: $153 million Series C. Total raised: $177 million. HQ: Hangzhou, China. Source: Crunchbase. Crowdsourced investment information. Source: Crunchbase. Point-of-sale system for vehicles.

Company 17
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Today In B2B: Tradeteq Collabs With Microsoft Azure; CEOs Sound Off To Biden

PYMNTS

Today in B2B payments, Tradeteq strikes a deal with Microsoft for trade financing, while CEOs lend their advice to President-elect Joe Biden. CEOs To Biden: Easy Does It On Regulation, Don’t Raise Corporate Taxes. Trade Finance Player Tradeteq Inks Deal With Microsoft. Paymerang Debuts Invoice Solution For Better AP Accuracy.

Taxes 175
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Global Investors Eye AltFin, HR Tech With B2B Investments

PYMNTS

Investors targeted the alternative small business lending market, particularly in the trade finance arena, but it was the human resources management and talent retention space that saw the largest investment round of the week. million for its small business trade finance and lending platform, too. Greenshades Software.

Software 144