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3 Alternative Lending Startups to Watch

Bank Innovation

Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

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Today In Data: Holiday Weekend Sales And SMB Lending

PYMNTS

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 4,500 | Prize to be awarded to one ModCloth social media contest winner for his or her contributions to humanity. Here are the numbers: $7.9

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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

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Middle-Market Retailers Optimistic About Digital Sales

PYMNTS

Harris Poll and CIT Group, a provider of commercial lending and leasing services, recently released the results of a survey they conducted on how middle-market retailers felt about their sector’s financial health. This was followed by social media presence and digital marketing, with 57 percent and 50 percent, respectively.

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Bankrupt FTX’s new CEO outlines complete failure of corporate controls | BlackRock’s FinTech foray | Revolut races past 25m retail customers

Bussman Advisory

Revolut races past 25m retail customers. The post Bankrupt FTX’s new CEO outlines complete failure of corporate controls | BlackRock’s FinTech foray | Revolut races past 25m retail customers appeared first on Bussmann Advisory AG. The bedrock of investments: BlackRock’s FinTech foray.

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What to Do When Your Banking App Stumbles Out of the Gate

Bank Innovation

BMO Harris Bank did itself a favor by being responsive to questions and criticism on social media from customers locked out of their digital accounts with the bank this past week, according to Adrenaline, an experience design company.

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With IBM, Bank of China takes aim at super apps

Bank Innovation

In September, Bank of China launched an innovation lab through a contract with IBM to fend off competition from these platforms, which function as hubs for e-commerce, banking and social media. According to Likhit Wagle, general manager […].