#Bitcoin has reached a new low today, dropping #below the $ 7,000 mark. This drop, represents a 51-day low, marking the most well-known #cryptocurrency’s #worst #quarter yet, according to reports. In fact, a report by CNBC says this price-drop has shaved off as much as $ 114 billion off its #value. Currently, as of 10.00 AM ET […]
Bank Innovation
With one new unicorn and #steady VC- backed deals amounting to $ 4 billion #globally, Q3 2017 has been another positive #quarter for the #fintech industry. According to a CBInsights Report released earlier this month, Q3 saw 278 VC-backed deals equaling $ 4 billion globally, compared to $ 2.6 billion in the same quarter last year. And, despite […]
Bank Innovation
Artificial intelligence and machine learning have found their way into lending. But can we trust robots with loan origination quite yet? Upstart — a five-year-old online lender &8212; bets you can (and you must). In fact, #more #than 25% of Upstart’s current #loans are #fully #automated, Bank Innovation has learned. “We have made this progress […]
Bank Innovation
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