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An East Coast credit fund will invest $250 million across the Patch of Land platform. The investment comes in the form of an agreement to buy loans in a “forward flow arrangement,” and represents the credit fund’s first move into the P2P marketplace lending space. CEO and Co-founder of Patch of Land Jason Fritton said the Read more…
On Finovate.com “Make Mine Meniga: Santander Selects a PFM Partner” Around the web First Tennessee Bank licenses digital banking platform from D3 Banking. Nutmeg goes live with new back office courtesy of Babel Systems. Canadian Innovation Exchange names TIO Networks as one of Canada’s 20 hottest and most innovative public tech companies. Actiance releases expanded Read more…
Are you building new financial technology? Be sure to register soon for the only event exclusively for fintech developers, FinDEVr 2015, 6/7 Oct, in San Francisco. Industry news Expensify launches new fintech investment fund. Yodlee hosts webinar on how to build financial apps to meet evolving customer expectations. The Full FinDEVr: “A Look at the Read more…
On Finovate.com “Expensify Tallies Up $17.5 Million in Funding to Support its New Fintech Investment Fund” Around the web AcceptEmail partners with PayWithMyBank to make bill pay convenient and less costly. SocietyOne hires former Lending Club executive as its new chief marketing officer. Spend Matters highlights Tradeshift as a company to watch in 2015. Pindrop Read more…
Business Standard looks at the partnership between TradeHero and OANDA. P2Binvestor reaches $50 million invoices-funded milestone. Ripple Labs adds former State Department policy official, Anja Manuel, as advisor. peerTransfer picks Digital River to provide payment processing. Trustev Wins Most Disruptive Technology Award at SXSW. WattzOn to participate in Georgetown University Energy Prize competition to help Read more…
Got an idea to help improve the financial lives of the unbanked and underbanked? FinCapDev wants to hear from you. The mobile app development competition hosted by the D2D Fund and the Center for Financial Services Innovation is accepting proposals for its 2014 event. The deadline is April 7. And to better help inform the Read more…
Now that mobile is on its way to becoming the dominant banking interaction channel, we are going to obsess on the nitty-gritty details this year, both here and in our Online Banking Report newsletter. First up: How to get better mobile data into your CRM. By now many (most?) readers do a good job grabbing Read more…
Yseop a finalist as a technology inventor in Tech Titan Awards. Outlier Model blog features planwise. Manilla launches AOL Bill Manager. Bank News Magazine features AuthenticID’s pictureID identity authentication solution. VentureBeat takes a look at Locaid’s goal of expanding its geolocation technology to New Jersey and Delaware. FinovateFall 2013 Sneak Peek: Part 1 is up. Read more…
Kofax announces completion of Kapow Technologies acquisition. ACI Worldwide cites role of their Universal Payments Platform in net new bookings growth for 2013 in this week’s Q2 report. SigFig launches iPad app. The New York Times looks at Lending Club, Prosper, Zopa, On Deck, SocietyOne, and Kabbage as significant lending platforms. Finextra reports: PayPal trials new geolocation Read more…
by Dr. Dan Geller Dr. Geller is EVP of Market Rates Insight, which provides competitive research and analytics to financial institutions. He can be reached at dan.geller@marketratesinsight.com. ——————————- One of the most significant findings from our latest study on banking fee-revenue optimization (see note 1 below) is that the majority of consumers say they will Read more…
cbanc Network, a free, online network for banking and credit union professionals to collaborate and share knowledge, launched two options for premium services this week. The premium services will grant paying members access to special features that go beyond what the free service provides. There are two levels of service: cbanc Plus — $250/ year Can Read more…
SmartMoney (Feb 2012) article, “Attack of the 6.5-point Typeface” cites research from Transparency Labs. Rescuecom asks if Dwolla can become the new PayPal. CNN Money names SmartyPig “Best Savings Alternative”. Missouri News channel KY3 recommends using Prosper and Lending Club as a creative way to fund your business. Bangor Daily News profiles CashStar. NY Times Read more…