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Moody’s latest report reveals industry vulnerabilities
The recent Moody’s report on online lending underscores a number of vulnerabilities within the industry. These are vulnerabilities that we have understood since our inception and why we are confident...
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Credible adds MEFA to its marketplace
Student loan marketplace Credible.com has partnered with the Massachusetts Educational Financing Authority (MEFA) in a move which sees MEFA offering student loan refinancing to borrowers across the...
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FinstarLabs names Ruddock CEO
Finstar Financial Group has named Mark Ruddock CEO of FinstarLabs, its corporate alt-fi venture group. Mr. Ruddock has more than 15 years of leadership in venture-backed startups including enterprise...
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Memphis gets first bitcoin ATM
Bitcoin ATM network Coinsource has installed three bitcoin ATMs in Tennessee. The first-ever one in Memphis is located downtown while the two in Nashville are situated near the airport and city center...
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SteemFest deemed a success, more events planned
Decentralized social media platform Steemit has deemed SteemFest, its first European public event, a success. SteemFest Amsterdam, which attracted more than 200 attendees from 30 countries, was a...
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Fundbox study sheds light on massive unpaid invoice problem
Cash flow optimization platform Fundbox‘s latest study of customer data from invoice payments through its platform found American small to midsize businesses (SMBs) collectively had more than $825...
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Underserved Americans showing increased restraint – study
Results of research conducted by Elevate’s Center for the New Middle Class show a strong majority of underserved Americans are displaying healthy financial habits. The Center for the New Middle Class...
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PwC launches Vulcan digital asset program
Financial services company PwC has introduced Vulcan Digital Asset Services, technology which enables digital assets to be used for everyday banking, commerce and additional personal currency and...
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Bizfi enjoys strong Q3
Small business funding marketplace Bizfi originated more than $127 million in financing during 3Q16. The most common sectors seeking financing were manufacturing (+100 percent), retail, (+23) B2C...
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Underserved Americans paid huge fees in 2015
Results from the sixth annual Financial Underserved Market Size Study show underserved Americans paid $141 billion in fees in 2015. The study, conducted by the Center for Financial Services Innovation...
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How to get the most out of supply chain financing
Even though supply chain financing has the potential to free up much needed cash that can help companies grow, many supply chain finance programs fail to maximize their potential, Tom Roberts said. Mr....
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Maples Fund Services extends into marketplace lending sector
Independent global fund services provider Maples Fund Services will now offer its fund administration offering to the marketplace lending sector. While marketplace lending is growing in popularity,...
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DTCC adds Canadian trade reporting capabilities
The Depository Trust and Clearing Corporation (DTCC), a provider of post-trade market infrastructure for the global financial services industry, has announced its Global Trade Repository (GTR) has...
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The traditional role of banks in revenue cycle management
Banks have traditionally played a critical role in serving the healthcare industry. They are payment aggregators, digital and paper lockboxes, data normalizers, systems of record, and more. They are...
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Former Amazon Worldwide director’s startup iPayYou brings bitcoin to Amazon
Seattle-based iPayYou‘s new service Amazon Direct marks a new way for customers to use bitcoin on Amazon, a former Amazon executive who launched the company believes. Amazon Direct allows users to...
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Infographic: Entrepreneurs face early choices when structuring companies
The infographic was provided by Sure Payroll and Ghergich and Co. It describes the different options available to entrepreneurs who are about to create new companies. Starting up your own business...
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Lisk campaigns designed to grow blockchain popularity
Blockchain application platform Lisk hopes a set of new campaigns will increase the long-term success of its blockchain while maintaining its core tenets. Delegate call They have issued a public call...
View ArticleInaugural Lendit awards slated for March 7
The global online lending and fin-tech communities will get to honor their own at the close of one of the sector’s largest annual events. Lendit’s inaugural awards ceremony is scheduled for March 7,...
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National Funding treating first responders, military personnel to football game
Small business funder National Funding is treating first responders and military personnel to a football game and is encouraging others to do the same. National Funding will watch all public ticket...
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Steemit’s ‘fork’ opens up new roads for clients
As Yogi Berra once said, when you come to a fork in the road, take it, and that is what decentralized social media network Steemit did to improve the user experience for future and existing users. If...
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