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Digital lending fintech enters auto

Bank Innovation

LAS VEGAS — Bank of Oklahoma has adopted Blend’s digital lending platform, the fintech announced at the 2019 Auto Finance Summit. Blend’s platform is designed to simplify user experience for the consumer to drive increases in completed online applications and funding rates.

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Open Letter to the OCC: Make Real Innovation Possible

Bank Innovation

A trifling blogger on banking innovation writes to the Office of the Comptroller of the Currency, despite its historically apathetic view on such matters.

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Top Banking Challenges: Finding Growth in 2021 and Beyond

Abrigo

Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Chairman and Co-CEO of First Oklahoma Bank, in a recent interview with TulsaWorld.com. “Or Optimize Technology.

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Creating a Customer-Centric, Digital Financial Institution

Abrigo

Does your financial institution support a culture of innovation and an environment that welcomes new technology? To further cultivate an innovative mindset at your institution, your bank or credit union may look to add new talent – younger talent, in particular. Technology, like banking, isn’t “one-size-fits-all.”

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

Fintech Labs Insights

billion) went to three online lenders (Sofi = $1 billion, Avant = $340 million, Dianrong = $220 million). Alt-consumer lending. HQ: Owasso, Oklahoma. Peer-to-peer lending marketplace for small businesses. Tags: Credit, P2P, lending, underwriting, investing, SMB. Last week was the record number of deals, with 27.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Allowing users to “cut” by referring other users was an innovative idea, and it worked. Much of Mint’s early success can be tied to a very simple product innovation. There were 65 million people in America using online banking at the time, and about 20 million using Quicken and Money — which cost $30 – $70.

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