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IdentityMind Global Appoints Business-Tech Vet To Board

PYMNTS

Lauded by the company as a technology visionary, Zander joins a team who will work with IdentityMind Global president and CEO, Garrett Gafke, with the goals of guiding the company’s mobile business strategy and overall direction. Before that, he served as president and chief operating officer of Sun Microsystems until June 2002.

Boston 100
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CFPB files complaint against online lender alleging MLA violations

CFPB Monitor

On September 29, 2002, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against online lender MoneyLion Technologies, Inc, and several dozen of its subsidiaries (collectively, “MoneyLion”), alleging violations of the Military Lending Act (“MLA).

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The Top 20 Venture Capitalists

CB Insights

We used CB Insights data gathered via our machine learning technology (dubbed The Cruncher ) and from thousands of submissions we received from VC partners and firms via The Editor. She’s covered a variety of emerging technologies during her time at there and also published a number of books related to internet technology.

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AI Development Can’t Be Paused—But It Can Be Regulated

FICO

I think if this technology goes wrong, it can go quite wrong,” he said in testimony before Congress. Technology that’s been made freely available to the public—e.g., technology “in the wild”—is irrevocable; how could it possibly be pulled back? Technology development moves a lot faster than the legislative process.

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Decision Platform Know-How Makes Winning Customers Personal

FICO

Personalisation underpinned by applied intelligence and cloud-hosted platform technology offers a competitive advantage when it comes to winning customers. How Decision Platform Technology Drives Agility. Using Technology to Make Decision-Making Personal. million) in annual staff savings as its lending book grows by 40%.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad? High-tech employment fell from 12.1

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Profitability and Customer Financial Health in Retail Banking

FICO

The underpinning of this technology framework is data. Your auto lending team is an innovative crowd, and notices that most weekends this customer spends at least $300 at “Building Materials, Lumber Stores” (MCC: 5211) suggesting he is a DIY enthusiast. . Everything starts with the data. Don’t over think it—focus on the customer.

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