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Technology Helps Locked-Out Consumers Access Lending

Technology Helps Locked-Out Consumers Access Lending
Technology Helps Locked-Out Consumers Access Lending
June 09, 2021  |  Financial Inclusion

The problem of unbanked consumers — those without access to a checking or savings account — has remarkably improved, with over 95 percent of American...

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Pandemic Hurts Small Businesses Most In Developing Countries
Pandemic Hurts Small Businesses Most In Developing Countries
June 06, 2021  |  SMBs

The pandemic’s devastation in poor countries includes major damage to the small- to medium-sized business (SMB) sector, The Wall Street Journal (WSJ) reported. Get the...

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Tech-Focused Architect Capital To Provide Asset-Based Financing
Tech-Focused Architect Capital To Provide Asset-Based Financing
June 06, 2021  |  B2B Payments

A new San Francisco-area asset-based lender called Architect Capital has launched with more than $100 million to lend to mostly technology companies in the U.S....

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OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
June 04, 2021  |  Authentication

Traditional loan metrics often leave out individuals with low credit scores who are otherwise financially sound, but behavioral analytics can give lenders a better idea...

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NEW REPORT: Five Ways U.S. Banks Can Tap AI To Manage Credit Risk
NEW REPORT: Five Ways U.S. Banks Can Tap AI To Manage Credit Risk
June 03, 2021  |  Artificial Intelligence

Artificial intelligence (AI) has long since moved from the realm of science fiction to reality, with reports of new applications from transportation to cybersecurity seemingly...

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Funding Circle, Atom Partner On Lending For UK SMBs
Funding Circle, Atom Partner On Lending For UK SMBs
May 31, 2021  |  B2B Payments

U.K. small business loan platform Funding Circle will work with U.K.-based mobile bank Atom, on a 300-million-pound (about $426 million) lending partnership, according to a...

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Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
May 28, 2021  |  Investments

Motor vehicle refinance FinTech MotoRefi raised $45 million in a Series B funding round led by Goldman Sachs Asset Management, the company said in a...

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House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
May 28, 2021  |  Security & Fraud

U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of...

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$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
May 27, 2021  |  Loans

Goldman Sachs has loaned more than $5 billion to SoftBank, making the New York investment bank one of the biggest lenders to the Japanese conglomerate....

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