Chris Skinner writes about the state of small business financing today and how alternative lenders are getting serious traction; companies...
Lloyd’s Banking Group and Virgin Money recently banned customers from using their credit cards to buy cryptocurrencies; customers will still be able to use their debit cards to buy cryptocurrencies but for fear they could go into debt they do not want credit cards being used; other card issuers like Barclays and Mastercard say they are reviewing the crypto space but no decisions have been made. Source.
American Banker’s Penny Crossman volunteered as a mentor for Barclays New York Accelerator and found that succeeding as a fintech startup is quite a challenge; she was tasked with helping entrepreneurs deal with the media, she found that most were looking to be featured in the WSJ or FT; she also sat down with Jon Zanoff, managing director, recruiter and top coach of the program to discuss the program; interesting tidbits from the interview include 4 of 9 company founders are female, the program is a lot more in depth than other bank accelerators and the challenge the program presents on a daily basis. Source.
It has been fascinating to watch both the banks and fintechs react to the coronavirus; many fintechs have created side...
A little over a year ago Goldman Sachs launched their consumer lending platform Marcus as part of a digital strategy...
Apple announced more details about their card partnership with Goldman Sachs yesterday and the news provided a number of interesting...
Artificial intelligence (AI) is everywhere these days as more companies look to automate repetitive tasks to save money and reallocate...
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