PYMNTS

DECEMBER 3, 2019

The new venture is an app called Mi Credit, and it’s a marketplace for personalized lending, offering users credit between Rs 5,000 ($70) and Rs 100,000 ($1,400). In developing the lending venture, the Chinese electronics company partnered with a few different FinTech startups, including ZestMoney, which is based in Bangalore.

Lending 130

Lending Fintech Millennials Google 130

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. “This is an extraordinary thing.

Lending 152

Lending Community Bank US Community 152

PYMNTS

DECEMBER 10, 2018

B2B payments startup Razorpay announced the launch of Razorpay Capital, a lending marketplace offering both short-term working capital loans and long-term business loans. We always thought we can make lending a lot easier than what it is today. We always thought we can make lending a lot easier than what it is today.

Lending 122

Lending Capital Google System 122

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Technology giants like Google and Amazon , which gained their market muscle from non-finance-related ventures, are slowly stepping into the space. Google could be in the running, too, she added. “If

Lending 109

Lending Google Fintech Industry 109

Bank Innovation

DECEMBER 3, 2018

Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have shaken up the banking landscape and automation has become the norm in various aspects of banking with banks like using it in the backend of credit decision-making and lending. But which Bank Innovation stories caught […].

Google 170

Google Bitcoin Lending Innovation 170

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Target auto-debit at 90%+ in all small business digital lending processes.

Lending 133

Lending Community Bank Community Data 133

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs).

Regulation 349

Regulation National System Industry 349

PYMNTS

FEBRUARY 15, 2018

Amazon is partnering with Bank of America Merrill Lynch to expand its lending program for small businesses. Amazon Lending is an invitation-only program that offers loans of $1,000 to $750,000, with terms of up to a year, for companies that might have issues getting traditional business loans.

Lending 103

Lending America Google Report 103

Bank Innovation

APRIL 8, 2019

Upstart, an artificial intelligence lending startup, today announced a $50 million equity investment to expand its artificial intelligence-powered platform to other types of credit beyond unsecured personal loans.

Google 170

Google Lending Innovation Operations 170

PYMNTS

JANUARY 21, 2021

Can you imagine Google, Apple or … Amazon taking a year and a half, or even more to implement a new technology?” Banks must grapple with the ongoing challenges of day-to-day operations, technology — and especially regulations — amid any new effort. Cohen asked. It’s unthinkable.”. Launching Into New Markets.

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Management User Experience Innovation Fintech 303

Bank Innovation

FEBRUARY 17, 2016

Google today relaunched its Google Ideas think tank as Jigsaw, a technology incubator, and the new venture has several projects aimed squarely at some of banking’s thorniest issues. Officially, Jigsaw’s “mission is to use technology to tackle the toughest geopolitical challenges.”

Google 225

Google Examples Technology Operations 225

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 But it was the big names from Google, Cisco and Hewlett-Packard that made for the week’s largest enterprise-focused venture capital round. million worth of venture capital across two deals. SME Finance. and Europe.

Lending 100

Lending Capital Google Security 100

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Investors on Monday (June 27) provided $10 million to D3 Banking for it to further its research and development operations, reports said. Alternative Lending. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

JANUARY 13, 2017

The alternative lending industry continues to scoff at doubters, and the latest B2B venture capital roundup suggests confidence is growing in the space — and not just in the U.S., Last month was a booming time for alternative lending when top names, like BlueVine, scored hefty sums. Alt-Lending. and across Europe and the U.K.

Lending 100

Lending Capital Industry Analytics 100

PYMNTS

APRIL 16, 2019

While most CEO stories are about having founded a firm to solve a problem, Upstart CEO Dave Girouard and his team of former Google staffers actually started with a solution. Today, Upstart is a profitable firm, which means it didn’t need to raise $50 million to fund operations. Expanding Access to Credit With AI.

Kansas City 223

Kansas City Lending Omaha Kansas 223

PYMNTS

MAY 16, 2016

We feel we owe the team at Lending Club special thanks for getting the week started off with a bang. The hits just kept on coming from there, and Lending Club’s stock price has taken a rather expected beating in subsequent days (as did most other marketplace lenders, who were apparently ruled guilty by association). credit cards).”.

Google 101

Google Data Policies Lending 101

PYMNTS

SEPTEMBER 9, 2019

Thus far, the other hearings and testimony have focused on the impact that marquee names, such as Google and Facebook , have had on the media industry. The second hearing focused on innovation and competitive impact on the tech space, and panelists included executives from Apple , Amazon and Google.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

PYMNTS

SEPTEMBER 9, 2019

The app has e-wallet capabilities, digital lending services and wealth and insurance management. The biggest lender in the country, Siam Commercial Bank, is teaming with Sea Thailand to grow online lending and payments. JD.com also recently teamed up with Google to launch a store on Google Express.

Groups 125

Groups Google Lending Online 125

PYMNTS

APRIL 20, 2016

Today’s 5-In-1 has the latest numbers from Google about sites being hacked, some pretty big price tag potential for the future of unattended retail, the latest figures from the CFPB about hidden payday lending fees, what the EU is accusing Google of, and numbers that show the impact of Amazon’s latest fashion tie up.

Data 100

Data Google New York Lending 100

PYMNTS

SEPTEMBER 21, 2018

The departure will conclude nearly seven years in the position for Meissner, who spearheaded a “reshaping” of corporate and investment banking operations following its merger with Merrill Lynch post-financial crisis. The unit handles the bank’s corporate lending, M&A advisory services and capital raising operations.

America 135

America Samsung Mobile Operations 135

PYMNTS

DECEMBER 8, 2019

Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms. Asset management, payments and lending are being offered by Microsoft, Amazon, eBay, Baidu, Apple, Facebook and Tencent — all which have colossal databases.

Regulation 131

Regulation Data Google Fintech 131

PYMNTS

AUGUST 27, 2019

An unnamed source told the publication that Google and Amazon were in advanced talks with Bharat Pe to invest in the Series B round, though the FinTech’s founders decided not to further dilute their shares in the firm. Reports said that this small business lending operation is key to BharatPe’s profitability.

San Francisco 116

San Francisco Capital Lending Fintech 116

PYMNTS

DECEMBER 7, 2018

Existing partners of the FI including Coinbase and online lending platform Affirm. Another B2B startup operating in the data analytics space is Looker, which landed this week’s largest funding round. The solution also enables buyer-supplier collaboration to streamline operations, the company said. Wise Systems.

Analytics 176

Analytics Data Capital Software 176

PYMNTS

MARCH 27, 2019

It’s what makes sellers feel comfortable with lending their personal properties to buyers whom they have never met. The Outdoorsy platform enables America’s approximate 18 million RV owners to lend their vehicles during the 97 percent of the time that they sit unused on the front lawn. Trust keeps the sharing economy afloat.

Payments 145

Payments Case Study Lending Study 145

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Austin 131

Austin Lending New York City Omaha 131

PYMNTS

MARCH 29, 2019

billion in a venture funding raising round led by Softbank’s Vision Tech Fund and announced SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. It is also aiming to operate one of the largest merchant networks and become the largest insurtech policy provider within one platform.

Fintech 152

Fintech Groups Google Policies 152

PYMNTS

JULY 7, 2020

There’s no shortage of disruptors — particularly neobanks that promise to change everything from checking to lending — but don’t count legacy players out just yet, Dr. Jud Linville , senior advisor at growth equity firm General Atlantic , told Karen Webster. What FinTechs And Neobanks Should Do Here.

Fintech 223

Fintech Innovation Software Technology 223

PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. Consider the fact that Google has said it would offer checking accounts. Against that backdrop, it seems that at least one goal is to boost the stock price.

Report 134

Report Apple Lending Cards 134

PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. Consider the fact that Google has said it would offer checking accounts. Against that backdrop, it seems that at least one goal is to boost the stock price.

Apple 132

Apple Lending Cards Report 132

PYMNTS

OCTOBER 5, 2016

Prepaid card operators are also required to investigate fraudulent or unauthorized charging — and to resolve these incidents in a timely way (or provide a consumer credit until they can) — and protect consumers from liability for fraudulent transactions above $50. ” Analysts also suspect that Square Inc.’s

Cards 189

Cards Google Tools Regulation 189

PYMNTS

MAY 11, 2018

Also landing on the board this week are alternative lending, expense management, cybersecurity and blockchain players. Alternative Lending. Operating in the trade finance market, CCRManager announced $6.5 Check out the latest investment rounds below. CCRManager. Expense Management. Blockchain.

Analytics 109

Analytics blockchain California Lending 109

PYMNTS

DECEMBER 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase , told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 He said the challenges came in the form of lending money, which became much more expensive to do after new regulations were put in place. percent or 1.8 Chase reached 8.7

United States 153

United States cryptocurrency Digital Banking Google 153

PYMNTS

AUGUST 27, 2018

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. A “new software operating system, to be known as ‘vw.OS’ … will be introduced in VW brand electric cars from 2020 onwards.”.

Software 100

Software Google Detroit System 100

PYMNTS

MAY 31, 2019

-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. based SeedLegals is in the startup funding business, but it’s not exactly an alternative lending FinTech. SeedLegals. announced $7.25

Capital 143

Capital Analytics Big Data Data 143

PYMNTS

AUGUST 10, 2017

With the right APIs in place, institutions can offer greater operability between their respective systems, which can then facilitate faster and smoother transactions. In fact, Carone noted, some banks are still operating using distinctly 20th-century technology. The driver gets [my request] and knows where I’m going.”.

Fintech 202

Fintech System Industry Marketing 202

PYMNTS

JULY 26, 2019

But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade finance solutions securing new funding. The solution heightens SMBs’ presence online and in search engine results like those of Google, reports noted.

Capital 155

Capital Operations America Management 155