Azlo Provides A Digital Banking App For Freelancers, Startups And E-Commerce Users
#Azlo, which calls itself the first #digital #banking platform for business, is a fee-free business bank that is part of BBVA.
Financial Technology
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BBVA Assists Startups In The Art Of The Pivot
#BBVA, the Madrid-based global bank and tech powerhouse, has been named by the European Commission as one of the best supporters of #startups on the continent for the third year in a row
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3 Startups to Watch in Credit Scoring
The rise of alternative data has allowed fintechs to go beyond Fico scores to determine the financial risk of a borrower. With this data, some fintechs are looking to facilitate more loans to thin-file consumers. By using artificial intelligence (AI) and machine learning (ML), the #startups can determine a borrowing candidate’s financial health and attitude towards […]
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3 Alternative Lending Startups to Watch
Large #banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the #alternative #lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. In markets like Australia, this is already happening. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […]
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3 Fintech Data Analytics Startups to Watch
Financial institutions harnessing the power of big #data must glean meaningful insights from many disparate data sets. Several #startups helping #banks and financial institutions make sense of data, alternative and otherwise, have emerged. According to one of our featured startups, Hexanika, the regulatory environment has intensified substantially lately. Hexanika found that there has been a […]
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The Future Is Not Bright For Most Angel-Stage Fintech Startups
#Most #fintech #startups don’t survive. The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments &8212; is slim. How slim? Well, according to a […]
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3 Startups to Watch in Alternative Credit Scoring
PREMIUM – Financial institutions and #fintech #startups have realized the potential in working with the enormous and previously untapped market of underbanked consumers. The means of assessing creditworthiness are as varied as the #alternative data points companies are starting to use. From psychometrics to gauge the propensity to pay back, to the #blockchain and geolocation […]
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3 Money Management Startups to Watch
The expectation for P2P payment apps is more than just payments. As the U.S. market gets saturated with various P2P apps, consumers are demanding that Venmo or Apple Pay or whatever platform they are using provide them with some #money–#management capabilities as well. Even at major #fintech conferences such as Finovate in Santa Clara, Calif., […]
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3 Fintech Startups to Watch in the SME Space
#Fintech #startups have taken note of the vast opportunity in the SME #space, which has been underserved by #banks since the financial crisis. Add to this the growing number of freelancers and independent contractors, and the market becomes even more attractive. “Small businesses are extremely profitable banking customers,” Trevor Dryer, CEO of Mirador, an SME […]
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More Security Startups, Blockchain Still Absent at Finovate Day 2
SANTA CLARA, Calif. – Day 2 of FinovateSpring has come and gone, and curiously, there were #still no demos focused on #blockchain #technology. Among the 54 fintechs that demoed here over the last two days, #more than half showcased products and services that used artificial intelligence in some shape or form, but none of the […]
Bank Innovation
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