The partnership announced today will allow Synchrony’s small business merchants to apply for a line of credit through Fundbox; borrowers...
Forbes shares the current reality which is that some fintechs will have to sell in order to survive; OnDeck is...
Samsung’s new Galaxy S9 is marketed as having a better camera and can take clear pictures in low light; the technology could solve one of the bigger facial recognition issues which is poor quality pictures in low lighting; thus far banks have been slow to adopt the new technology as they have yet to be comfortable wit the way it currently works; with Samsung and Apple continuing to improve their cameras and a younger generation of customers increasing, facial recognition will soon be an important piece for all banks. Source.
Coindesk reports that the initial phase of a token sale for tZERO attracted 2,000 accredited investors; the company may now shorten the time until their token sale; tZERO is an alternative trading system registered with the SEC. Source
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The annual event, which ran from May 10-11 this year, witnessed an upbeat outlook, from the keynote stage to the track sessions and the Innovation Zone.
Business Insider sat with Coinbase’s Dan Romero who recently took on the role of general manager and vice president of the company in January; the interview covered the company’s plans for growth on the engineering and product sides; he said the company is looking to become for cryptocurrency what Google has become for search; the interview also talks through the recent SegWit upgrade, where Coinbase is headed in the next few years and how they compare to their biggest competitors. Source.
The OCC released data sharing guidelines that have been met with mixed reviews, especially amongst fintechs and data aggregators; “I...
Fifth Third Bank CEO says the $167.8bn asset bank does not need to add a digital only offering as they...
Worldpay’s new Global Payments Report says buy now, pay later is set to double in size by 2023; payments and...
CommonBond has created a March Debtness bracket to look at the payoff rates of this year's March Madness basketball teams; the bracket identifies the time it takes for students to pay off their student loans; UCLA is CommonBond's current March Madness winner with the fastest payoff rate at 4.42 years. Source