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Lending

Lending
·May. 17, 2024

Generation Z has it tougher than millennials: TransUnion report

While both Generation Z and millennials are maturing during difficult financial times, TransUnion’s study Solving for Z shows Generation Z has it harder.
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Lending
·Sep. 21, 2021

Amazon announces partnership with Lendistry for SMB lending

A longtime SMB lender toward its own seller network, Amazon will begin offering official short-term loans up to $100,000.

 

“Amazon came to us with this incredible idea,” CEO and Founder Everett K. Sands said.

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gig economy
Lending
·Oct. 23, 2023

Gig Economy Loan Approvals Could Lie in Income Probability

The UK gig economy is underserved by lenders' traditional affordability assessment. A shift to probability of future income could be key.
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Fintech
·Aug. 18, 2021

Study Blames Fintech for Bad Data in the PPP Program

Researchers from the University of Texas published a study Tuesday morning that claims fintech lenders who participated in the Paycheck Protection Program dropped the ball on underwriting.
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Lending
·Jun. 1, 2022

Nav teams up with Marcus to offer SMB credit lines

Nav announced a partnership with Marcus by Goldman Sachs to offer SMB owners lines of credit through machine learning on the platform.

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Lending
·Nov. 23, 2008

Saving the World, One Micro Loan at a Time

By Carla Thornton Vin Ron, a farmer, and her husband, a fisherman, struggled to feed their five children on $5...
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Lending
·Jan. 11, 2021

Fintech Lenders and Banks Are Ready for PPP Round Two

The second (third?) round of the Paycheck Protection Program kicked off today and it was very different to when the...
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man looking at laptop and phone
Banking
·Dec. 2, 2022

SMB personalization key to community bank, credit union growth

Gone are the days of selecting your bank because it’s nearby; now, small businesses want to bank with someone who understands them and has the digital products they are looking for.
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LatAm
·May. 31, 2023

Nubank to boost lending in Brazil to drive revenue growth

Nubank is developing a risk appetite for unsecured loans, while it expects to roll out payroll lending in the following quarters.
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Lending
·Jan. 10, 2024

Every lender has a fraud problem, but AI-powered detection is here to help

Fraud is a significant challenge for lenders, impacting both operational efficiency and financial stability. Legacy methods for detecting fraud are proving to be inadequate in the face of new techniques, so AI-powered detection is needed.
Read Full Story
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