credit

Goldman Sachs: Marcus At $60 Billion In Deposits
Goldman Sachs: Marcus At $60 Billion In Deposits
January 15, 2020  |  Earnings

All quarterly reports have puts-and-takes, and variations on themes – and, for banks, the theme has thus far been a return to growth in at...

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Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

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PayU Buys Majority Stake In India FinTech PaySense
PayU Buys Majority Stake In India FinTech PaySense
January 10, 2020  |  Partnerships / Acquisitions

Netherlands payments firm PayU is acquiring a majority equity stake in PaySense, at a valuation of $185 million, with the intention of merging it with...

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Synthetic Fraud’s Slow Roll Across FIs
Synthetic Fraud’s Slow Roll Across FIs
December 23, 2019  |  Security & Fraud

Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of...

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Truecaller Caller ID System To Extend Financial Services In India
Truecaller Caller ID System To Extend Financial Services In India
December 19, 2019  |  International

Swedish caller identification system TrueCaller is dipping its toes in the financial services water as it prepares for an initial public offering in the next...

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FinTechs, AI And The Rise Of SMB Credit In Brazil
FinTechs, AI And The Rise Of SMB Credit In Brazil
December 17, 2019  |  Loans

One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access...

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Figure’s Mike Cagney On How Blockchain Is Reinventing Lending
Figure’s Mike Cagney On How Blockchain Is Reinventing Lending
December 10, 2019  |  Blockchain

Homeowners have trillions of dollars of untapped, but tappable equity in their properties. Yet, home equity lines of credit have a long way to go...

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PayPal’s Schulman: Why Payments’ Biggest Innovations Are Yet To Come
PayPal’s Schulman: Why Payments’ Biggest Innovations Are Yet To Come
December 09, 2019  |  Innovation

“Do you see PayPal as a tech company, or as a financial services company?” Dan Schulman still vividly remembers the first question he was asked...

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Curing The $2.4T Manufacturing Sector’s Cash-Flow Crunch
Curing The $2.4T Manufacturing Sector’s Cash-Flow Crunch
December 05, 2019  |  Order To Cash

The U.S. manufacturing sector, valued at approximately $2.4 trillion, accounts for an estimated 11 percent of the national gross domestic product (GDP). However, U.S. manufacturing...

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