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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

Online 214
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Widening Borrower Protection’s Scope To SMBs

PYMNTS

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136
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VCs Back Autobooks For SMB Banking

PYMNTS

The company provides online banking platforms with small business solutions to help FIs better service their SMB clients. Banks and credit unions are looking for differentiated product offerings that not only deliver value for their members, but create new revenue streams and lending opportunities.”.

Detroit 122
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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. Based in Germany, Fraugster raised more than $13.9 SESAMi/Capital Match. Sempli’s $5.7

Software 158
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Table of Contents: Amazon’s product strategy. Market strategy outside the US. Product strategy: Amazon takes on financial services. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Amazon’s Next Financial Pillar. Closing thoughts. Amazon Cash.

Cards 101
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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Instead of thinking about how you can grow customers, the commercial lending team often thinks about increasing loans. This problem is often magnified when marketing gets involved as marketing then goes off and creates a strategy based on the bias and limitations of what the product people told them.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. Working for the past 6 years with many banks to design their online experience. Showing two different types of customers and how one person sees his online experience.