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Fintech

FintechNews RoundupUSA
·Jan. 15, 2020

BBVA Partners with Nok Nok Labs for Password-Less Experience

BBVA thinks it has solved the issue of making the customer experience more efficient but still secure; the bank has...
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Fintech
·Nov. 5, 2021

Draper Cygnus launches a $50M fund for tech entrepreneurs in LatAm

Backed by Tim Draper and other investors, the fund is aimed at LatAm founders anywhere that are working in industries like biotech and crypto.
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FintechNews RoundupUSA
·Mar. 11, 2020

Rent-a-Banks and High Cost Lending

California has capped interest rates at around 37% per year on some consumer loans; despite this companies are able to...
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Fintech
·Jun. 4, 2020

More News for June 4th, 2020

Banks enter era of ‘no regrets’ cost cutting U.S. Banking App For Freelancers Lili Secures $10 Million Through Seed Funding...
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Fintech
·Jun. 2, 2022

Solana suffered its second outage in a month, sending price plunging

In recent years, Solana has been gaining traction in the NFT and DeFi ecosystems because it's cheaper and faster to use than ethereum.
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FintechNews Roundup
·Nov. 16, 2017

Zhima (Sesame) Credit Responds to FT Article

One of Ant Financial’s subsidiaries is Zhima or Sesame Credit; it is a private third party credit scoring service and clarified that it does not share user scores or underlying data with any third party including the government without the user’s prior consent; they point out in their response that they also do not monitor the content of users’ social media posts and share how the service works. Source

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FintechNews RoundupUSA
·Aug. 21, 2017

Machine Learning and Amazon’s Alexa for Financial Advice

Amazon has a number of clients using Alexa for financial advice and solutions architect Felix Candelario says, "Natural language processing is the new rocket science."; clients include UBS, LPL, Fidelity, Capital One and Betterment; overall, machine learning innovation is providing for new technology solutions and pairing it with voice automated interactions adds a new element of service for customers. Source

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Fintech
·Mar. 7, 2022

Kabbage provided lifeline loans to small businesses during pandemic

Kabbage developed partnerships with banks that saw its technology power small business lending in seven countries.
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Fintech
·Oct. 26, 2021

Finance apps dominate Play Store and App Store – but have surprisingly low ratings – Tearsheet

There’s no lifetime guarantee of financial clients in this generation. Instead of marketing through parents to reach their children, newer generations want to learn about offerings themselves. They generally trust online reviews before they look to a family member for help with their decision.
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PicPay
LatAm
·Mar. 1, 2023

PicPay authorized to increase capital to $646 million

This capital increase reinforces the confidence of shareholders in the development of PicPay's business plan.
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