Smaller dollar loans can be very profitable and are often provided by payday lenders; there are also some fintech companies...
There is a growing competition brewing in the payments space and Affirm is look to stay near the top as they recently announced the move into financing small ticket purchases; the move comes after Visa and MasterCard made similar announcements; the payments space has become a highly competitive market where customers look for the simplest, most transparent way to make a purchase of any size. Source.
American Banker sat down with Varo Money CEO Colin Walsh to talk about where the company stands in their quest...
Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
One of the main drivers behind the massive BB&T – SunTrust deal was the pressure to digitally innovate; the banks...
One of the first robo advisors has now added a checking account to their suite of services; Betterment Checking is...
MoneyLion talks about the evolution of the fintech industry and the rebundling of financial services in their featured blog post; the first wave of fintech was known for its unbundling of traditional financial services by fintech companies; as these companies have achieved success from focused product development, they are now looking to expand services for new verticals and cohesive cross selling; banks are also more broadly diversifying to meet customer needs; MoneyLion also notes API development as a key factor supporting the rebundling of services; the firm has brought together a range of online services that help customers improve their financial health and it sees rebundling as an important trend that will help to support more comprehensive fintech services for clients. Sponsored Blog Post
Community Banks are utilizing the plug and play partnership to innovate as it allows them to offer digital services in...
Nova provides credit scores to immigrants who lack a credit history in the United States; Ken Chenault, the former CEO...
Marketplace lending data analytics provider, Monja has announced a new daily valuation service for marketplace loans; the daily loan valuation service adds to the current reporting options for institutional investors and investment management clients, increasing the analytics for marketplace loan portfolio valuation offered by Monja; the announcement is a significant step for industry loan valuations; in comments regarding the announcement, James Wu, founder and CEO of Monja said: "Now fund managers don't need to wait 20 days after end of month to see how the portfolio has performed. This allows them to better position their portfolio and liquidity, while providing better portfolio visibility for their clients." Source