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USA

FintechNews RoundupUSA
·Feb. 21, 2019

Gender Bias is Still Prevalent Across Investment Landscape

There was an analysis done in 2017 showing that 2 percent of VC capital went to startups founded by women...
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FintechNews RoundupUSA
·May. 21, 2020

Shopify Getting into Buy Now, Pay Later Space

Shopify announced a flurry of new and updated products yesterday; one of the biggest changes was the announcement of Shop...
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FintechNews RoundupUSA
·Apr. 16, 2020

TD Bank’s Singapore Office Helped Prepare the Bank for Crisis

TD Bank’s Singapore office gave the the bank a preview on what was coming to their other locations and allowed...
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FintechNews RoundupUSA
·Apr. 3, 2020

Numerated Ramps Up Offering to Banks to Help Push Out Stimulus Funds

In the last two weeks along small business lending platform Numerated has signed up more than 70 banks to use...
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News RoundupOnline LendingUSA
·Aug. 3, 2017

Cloud Lending Solutions Launches CL Portal™ Product

Leading cloud based loan and leasing software provider Cloud Lending Solutions launches a new product offering for banking clients, CL Portal™; the new product will allow a lender to integrate loan product workflows and document management for a seamless customized experience; Snehal Fulzele, CEO of Cloud Lending Solutions, explains: "Every day, more and more banks are asking for an integrated loan portal that allows them to configure a highly personal, customer-centric experience. CL Portal™ allows banks to build that interaction with an origination platform in months, rather than years." Source

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FintechUSA
·Jun. 11, 2020

Amazon Partners with Goldman Sachs on SMB Credit Line

Small business owners who sell on Amazon’s platform will soon receive invitations for revolving credit lines from Goldman Sachs; fixed...
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News RoundupOnline LendingUSA
·Dec. 6, 2016

Lend Academy Article: New Comprehensive Report on the State of Small Business Lending

Harvard Business School has released a comprehensive report on the state of small business lending and its current landscape; Lend Academy provides more details in their article with insight from author, Brayden McCarthy of Fundera; paper includes details on the evolution of online lending within the small business lending market; goals of the paper include laying a foundation for regulatory reform and exploring how online small business lenders can partner with banks.  Source

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FintechNews RoundupUSA
·Jan. 23, 2020

Branchless Banks Prove Staying Power

Branchless banks have started to show their staying power when it comes to deposits in recent quarters even as they...
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FintechNews RoundupUSA
·May. 14, 2019

Payday Lenders Enlist Customers to Help Rollback Rules

Payday lenders have mobilized their customers in a bid to help them put pressure on the CFPB to rollback some...
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FintechNews RoundupUSA
·Jan. 22, 2018

BB&T Looking to AI, Payments and Cloud Based Software

BB&T announced last week that they were committing $50mn to fintech; the company plans implement what they are calling intelligent automation; plans include AI & machine learning, robotics processing automation, chatbots and virtual assistance & conversational commerce according to TearSheet; the company also announced they are looking at transforming branches and looking to move as much of their business to the cloud. Source.

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