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Big Data Analytics Firm RavenPack Launches New Platform
Tuesday, March 21, 2017 - 9:37am | 575RavenPack, a provider of big data analytics for financial services, announced on Tuesday the launch of a new platform that will bring big data analytics to fundamental and discretionary investors. The new platform will consist of a self-service data and visualization platform that gives financial...
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Lendable: Fintech Provides Immediate Credit Decisions And Funds To Customers
Monday, March 6, 2017 - 9:42am | 668It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga will profile each...
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Fintech Leader Catherine Bessant Nominated To Join Zurich's Board Of Directors
Wednesday, February 15, 2017 - 1:46pm | 383Zurich Insurance Group, one of the world's largest global insurance companies, proposed earlier this month the addition of a notable fintech leader to its board of directors. Zurich's Annual General Meeting will take place on March 29 and investors will chose to elect Catherine Bessant for...
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SecurionPay: Payment Platform Increasing Conversion For Online Merchants
Monday, February 6, 2017 - 10:12am | 625It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga will profile...
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4 Ways This Fintech Startup is Disrupting Financial Planning
Thursday, January 26, 2017 - 3:13pm | 1151It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga...
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Quicken Loans Parent Company Rock Holdings Acquires LowerMyBills And ClassesUSA
Friday, January 6, 2017 - 11:05am | 375Rock Holdings, the parent company of several notable fintech companies such as Quicken Loans, founded by Dan Gilbert, announced Friday it has agreed to acquire two of the country's biggest online marketing service providers. Rock Holdings has agreed to acquire LowerMyBills, a consumer...
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Silicon Valley Venture Capital Turns To Latin America Capitalizing On Overlooked Opportunities
Friday, September 30, 2016 - 9:50am | 675When people talk about emerging markets, they usually think about China, India, Russia, Indonesia, Turkey or Saudi Arabia. And, while most also include Brazil in this list, they seldom mention other booming Latin American countries. This trend is clearly seen in the allocation of venture capital,...
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Orchard Platform's Week In Review: ABS East Conference And The Fleeting Nature Of The 'Next Big Short'
Wednesday, September 28, 2016 - 8:39am | 531Orchard Platform, a technology and data provider for the online lending space, publishes a weekly review of the online lending sector. The latest report for the week ending September 23 focused on the ABS East Conference in Miami, in which the online lending industry was "well represented." The...
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Lloyds And The Search For A Fintech 'Czar'
Wednesday, September 21, 2016 - 9:45am | 403New technology's potential to disrupt the financial services sector has Lloyds Banking Group PLC (ADR) (NYSE: LYG) in London looking for a fintech "czar." The bank is searching for a "Head of Fintech Discovery" as part of its three-year, £1 billion digital transformation plan, according to Business...
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Orchard Platform's Week In Review: 'Continued, Positive Deal Flow'
Monday, September 19, 2016 - 2:16pm | 457Orchard Platform, a technology and data provider for the online lending space, publishes a weekly review of the online lending sector. The latest report, for the week ending September 16, noted a "continued, positive deal flow" for the online lending industry. Of note, GreenSky, an online home...
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A $1 Trillion Industry Is Under Siege From Startups
Friday, June 10, 2016 - 3:47pm | 313The insurance technology, or insurtech, industry is still in its infancy. But, a number of startups operating in this industry recently raised millions from top venture investors, according to a report on CNBC. The report said such companies have "partnered with global incumbents, and are offering...
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With The Rise Of Algorithms, Has The Finance Job Market Hit Peak Human?
Wednesday, June 8, 2016 - 1:55pm | 413The modern world of finance is all about advanced technology systems, data analysis software, high-frequency trading algorithms and robo-advisors. The financial community has even spawned a name for the rise of financial technology: “fintech.” But while the lower costs and increased...
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Washington Seeks Better Control Of Fintech Companies
Sunday, May 29, 2016 - 5:22pm | 446The financial technology segment, which includes companies that lend money online to firms that process electronic payments, had gone quite a long time without catching the attention of government regulators. However, this grace period has come to an end. According to a Financial Times article,...
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No More Paper
Sunday, May 29, 2016 - 5:04pm | 724Certain things for certain places leave an impression on you. For me, there is one thing from my time spent on the trading floor at the Chicago Mercantile Exchange from 1985–1992, that will never escape my mind: the paper. In other words, the tremendous of amount of excess paper that covered...
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Is LendingClub Ruining Fintech's Future?
Saturday, May 21, 2016 - 4:28pm | 278Peer-to-peer lending was supposed to be a major theme in how individuals borrow money, while also presenting a compelling investment case to investors. However, the recent woes at LendingClub Corp (NYSE: LC) may have ultimately killed the relatively new segment's future following the sudden...