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The benefits of micro-lending programs

Independent Banker

In addition, compliance risk associated with small business loans could become even more difficult if the new Section 1071 rule proposed by the Consumer Financial Protection Bureau regarding small business lending data collection is finalized. Beth Mattson-Teig is a writer in Minnesota. Small dollars, big impact.

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The case for end-to-end digital lending

Independent Banker

Offering digital lending isn’t about the bells and whistles. started developing its digital lending platform about three years ago—and the bank is really glad it did. started developing its digital lending platform about three years ago—and the bank is really glad it did. Illustration by Out of the box/Stocksy.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Mark Cuban is tweeting about Jill Castilla’s fintech efforts with lending system startup Teslar. . #267 on the list is Thought Machine , a company started only six years ago that recently announced signed core system deals with Chase and Arvest Bank. Fintech investing has gained near sport status. OK, me neither.

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The effect of nonbanks in the mortgage space

Independent Banker

Nonbank institutions continue to be serious contenders in the home lending space. We look at how community banks can counter nonbanks’ offerings through streamlined technology, customer service and other strategies. Banks also need to continue investing in technology to bring more efficiency to the process, he says.

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The United States Of Fintech Startups

CB Insights

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

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The United States Of Artificial Intelligence Startups

CB Insights

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). IDx Technologies. Bastille Networks. RiskGenius.

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Homegrown Lender

Independent Banker

Although the bank provides other commercial and business loans, about two-thirds of the bank’s loan portfolio centers on agricultural-related lending. Beth Mattson-Teig is a freelance writer in Minnesota. Teton Banks, a $200 million-asset community bank, is located in central Montana.

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