Remove Boston Remove Innovation Remove Lending Remove Retail
article thumbnail

LendingClub breaks ground with Radius Bank acquisition 

Bank Innovation

LendingClub, the publicly traded digital-lending marketplace, announced Tuesday that it is acquiring Boston-based Radius Bank, which has $1.4 billion in assets and is partnered with several fintech companies. LendingClub will pay $185 million for the acquisition, which the company expects to pay for itself in less than two years.

Boston 284
article thumbnail

Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

Lending Product — for the most impressive consumer or business lending or collections initiative. Product Innovation — for demonstrating the ability to launch multiple innovative products. Join us for the 10 th annual Innovation and Insight Day on April 4 th in Boston.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

Lending Product — for the most impressive consumer or business lending or collections initiative. Product Innovation — for demonstrating the ability to launch multiple innovative products. Join us for the 10 th annual Innovation and Insight Day on April 4 th in Boston.

article thumbnail

SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults

PYMNTS

Businesses are largely behind the push, with government initiatives promoting a digital economy and FinTech innovators targeting corporate payments and finance in addition to their consumer-focused endeavors. With BCG and SWIFT urging banks to take “immediate action,” some banks have chosen to pivot away from corporate lending.

Lending 100
article thumbnail

Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

Between September and October, we’ll see a host of new companies, ideas and innovation, and we’ll hear from the “experts” on those issues we need to pay attention to in 2017. The best quote I’ve heard recently is, “Anyone can lend money. The MBA Annual conference is October 23-26 at the Hynes Convention Center in Boston.

article thumbnail

Happy Birthday To PYMNTS

PYMNTS

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). We always want to talk to innovators and those who understand them best. Over the last nine years, it has been PYMNTS’ privilege to speak with some of the most innovative minds in payments and commerce.

article thumbnail

In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

Big Data 135