Compound data: the key to digitized lending
A staggering 90% of small- to medium-sized enterprises fail. Aside from operations and strategy, one of the biggest reasons is ...
Tag: startups
Industry consortium on financial data sharing adds 25 new members
The Financial Data Exchange, an nonprofit industry consortium dedicated to unifying the financial industry around a common standard for secure ...
Why a community bank in Missouri is investing in core banking startup Neocova
For Brice Luetkemeyer, president and CEO of Bank of St. Elizabeth, a Missouri-based community bank with $150 million in assets, ...
Grasshopper Bank advances inclusion, stamps out ‘pattern matching’
New York City-based Grasshopper Bank is geared toward startups, with a focus on pain points for founders. Grasshopper opened in ...
Google ban fails to stamp out short-term payday lending apps
In August, Google announced a global crackdown on Android apps that offer short-term loans, saying it wanted to protect consumers ...
Stuck-in-the-past Japanese banks wary of fintech revolution
Japan’s effort to nudge its more than 100 struggling regional lenders into the digital age is floundering. More than a ...
B2B fintech Biller Genie helps banks automate business payments
Business payment startups and banks are rushing to offer clients the same kind of intuitive, automated payment experience that consumers have ...
How Citi Ventures builds internal fintech startups
Citi Ventures, Citibank’s corporate venture arm, is building startups within the company to incubate new product ideas. D10X, which stands ...
BMO’s Ben Schack on what’s next for bank-fintech collaborations
BMO Harris partners with fintech startups through the BMO Harris Bank 1871 Innnovation Program. The bank usually works with five ...
German fintech Raisin acquires Choice Financial as it prepares for US launch
German savings and investment platform Raisin has acquired Madrid-based Choice Financial Solutions in an effort to integrate with U.S.-based financial ...
