Alloy Labs Alliance is a new innovation lab and accelerator that addresses the innovation needs of regional and community banks;...
Nigel Morris previously co-founded and served as president and COO of Capital One; Morris is now an VC at QED...
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For the first time, Fintech Nexus is joining forces with About Fraud to bring the Fraud Fight Club to the USA event.
U.S banks closed more than 1700 branches in the year dated June 2016 to June 2017, one of the largest drops on record; more than half of U.S. customers still prefer opening an account at a a branch, when compared to the UK market which shows more than half of customers would rather open accounts digitally; leading vendors like NCR and Diebold have seen revenues drop with the branch products pointing to a decline in the importance of the branch; while branches are still looked at as important to U.S. banks bottom line the trend still points to less branches and more digital in the coming years. Source.
LendingClub announced today that they will no longer be originating small business loans themselves; instead, they will be creating a...
SoFi has already done two Super Bowl commercials but has also become a sponsor of numerous sporting events; The company most recently sponsored the Big Ten men’s college basketball championship final last week; SoFi finds that sporting events are a great way to reach their target audience and build the SoFi brand. Source
When the government announced the first tranche of funding for the Paycheck Protection Program (PPP) there was a flood of...
In this guest post, Shaun O’Neill, President of Concord Servicing Corporation shares his perspective on how customer service should drive...
Individual investors have now invested $100 million of the company's $1 billion funded; the investments have been growing at a fast pace with the platform launching in January 2016 and doubling its $50 million investment level from mid-October of 2016; LendingHome markets returns of 8.75% and requires a $50,000 opening balance with a minimum investment of $5,000; at the LendIt USA 2017 event the firm received the 2017 Top Real Estate Platform award. Source
A new report by Capgemini shows that banks are ahead of the insurance counterparts when it comes to transforming their...