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Key Innovations Boosting Corporate Banking Revenues

PYMNTS

The biggest opportunities exist in transaction banking and commercial lending, Finastra said, but there is also a real opportunity in working with FinTechs (and the tech they offer) to help banks land a larger slice of the combined $915 billion in revenues FIs are expected to see at the end of the decade.

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FICO Fact: Can unconstrained AI/ML expand access to credit?

FICO

FICO leverages machine learning (ML) in solutions ranging from fraud detection to marketing. This FICO® Score model development approach guarantees that explainability and palatability remain paramount in lending decisions. Tue, 07/02/2019 - 02:45. by Can Arkali. expand_less Back To Top. Mon, 07/18/2022 - 18:40. Can Arkali.

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Can FinTech Walk The FinTalk?

PYMNTS

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain.

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Sizzle Or Fizzle: Payday Loans, Wells Fargo, Chip Cards – And Cybersecurity

PYMNTS

On the heels of Lending Club’s fall from grace this week – the day after to be precise – Wells Fargo announced that it would come to the rescue of SMBs by offering fast decisions on small business loans. Alt Lending. Lending Club lost 80 percent of its market cap in just 2.5 Payday Lending. Wells Fargo.

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Director Chopra goes on the record with media

CFPB Monitor

In October 2021, using its authority under Section 1022 of the Consumer Financial Protection Act (CFPA) to send market monitoring orders, the CFPB requested information from six large technology platforms offering payment services. Payday lending. He labeled this “the highest-stakes issue for us to deal with.” Enforcement.

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Top 5 Customer Development Posts of 2020: COVID and Beyond   

FICO

For FICO, customer development means working with customers through all the stages of the lifecycle – from marketing to originations to customer management. To be clear, this is not only about efficiency in lending. For more information on this topic, read our white paper on Agile Decisioning in an Unprecedented Downturn. #5.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Sergii Danilenko (Head of Marketing). Sabina Bhatia (Director, Marketing). Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Scale private banking model to a much broader market. Maria Gurina (Bus. Gilad Golan (CTO).

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