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 […]
Is every banking conference truly blah, blah, blah boring?
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 is asking its first 5,000 customers to help brainstorm how the bank should look and work.
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 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, a newly launched non-profit looking to cultivate financial services startups, has quietly scored a crucial sponsor: Silicon Valley Bank.
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.
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
Fees are on the rise across the retail banking sector, and customers on the hunt for “free checking” will have a difficult search ahead.
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.