Lending

OnDeck IPO puts focus on Customer Acquisition Costs

OnDeck IPO puts focus on Customer Acquisition Costs

by November 24, 2014 at 1:13 am 1 comment

Alternative Credit is scaling fast today, with ventures headed to IPO. OnDeck will be the first out of the gate. It is likely that Lending Club, Kabbage and Prosper will follow. This will give OnDeck a tremendous branding opportunity. It will also put OnDeck under intense scrutiny. The weakness in the Alternative Credit model is […]

The Underappreciated Banking Conversation

The Underappreciated Banking Conversation

by November 7, 2014 at 10:01 am 0 comments

Is every banking conference truly blah, blah, blah boring?

10 Tips for Integrating Social Media with Digital Banking Channels

10 Tips for Integrating Social Media with Digital Banking Channels

by November 6, 2014 at 11:54 am 0 comments

Social media is thought of as a separate universe than other digital channels, but there is significant overlap, and banks should take advantage of this.

BankMobile to Crowdsource Ideas for Its Mobile App

BankMobile to Crowdsource Ideas for Its Mobile App

by November 5, 2014 at 9:54 am 0 comments

BankMobile is asking its first 5,000 customers to help brainstorm how the bank should look and work.

MasterCard Scoring Most of China UnionPay Payments

MasterCard Scoring Most of China UnionPay Payments

by October 30, 2014 at 5:41 pm 0 comments

Everyone is angling to work with China UnionPay, the government monopoly card that is the only interbank card network in the country — buy MasterCard CEO Ajay Banga said today that his company is winning “90-plus%” of the business.

Online Lending Set for Massive Expansion, LendingTree’s Lebda Says

Online Lending Set for Massive Expansion, LendingTree’s Lebda Says

by October 28, 2014 at 1:32 pm 0 comments

Online lending is the darling of venture capitalists — witness Lenda, the startup specializing in home loans that announced a $1.5 million raise yesterday — and the space as a whole is white hot. “Consumer finance is the last big industry to move online,” Doug Lebda, founder and CEO ofRead More

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

by October 27, 2014 at 11:28 am 0 comments

Fintech Sandbox, a newly launched non-profit looking to cultivate financial services startups, has quietly scored a crucial sponsor: Silicon Valley Bank.

Epiphyte, Matchmove Win Fintech Startup Challenge

Epiphyte, Matchmove Win Fintech Startup Challenge

by October 2, 2014 at 10:28 am 0 comments

More than 280 companies entered the Innotribe Startup Challenge but just two emerged triumphant: the money movement service Epiphyte, and Matchmove, which offers virtual credit cards.

What We Hope to See From the Leumi Hackathon

What We Hope to See From the Leumi Hackathon

by September 30, 2014 at 9:29 am 0 comments

To explain the remarkable technology innovation coming out of Israel, one Israeli entrepreneur once said that in the tiny nation, “there’s zero tolerance for work-arounds.,” This is the kind of attitude we are looking forward to seeing aimed squarely at fintech. Indeed, on Oct. 22-23, Leumi, one of Israel’s largestRead More

Free Checking Accounts Remain Elusive

Free Checking Accounts Remain Elusive

by September 29, 2014 at 12:34 pm 0 comments

Fees are on the rise across the retail banking sector, and customers on the hunt for “free checking” will have a difficult search ahead.

12 High-Flying Demos from Day 2 of Finovate Fall 2014

12 High-Flying Demos from Day 2 of Finovate Fall 2014

by September 25, 2014 at 11:29 am 0 comments

The second and final day of Finovate Fall 2014 saw several strong presentations on the stage. There was were no drones, costumes or grunting, on Day 2 as there were in Day 1, but overall the demos were stronger, especially early in the day.