Alternative Lending Industry
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Facebook, Google to be stronger after Virus Crisis

Facebook, Google to be stronger after Virus Crisis | Alternative Lending Industry | Scoop.it
Facebook, Google to be stronger after Virus Crisis



Cathie Wood, chief executive officer of Ark Investment Management, discusses her views on how the coronavirus outbreak is affecting U.S. technology giants.

Credit Bloomberg

Via TechinBiz
henry@cloudmybiz.com's insight:

Really interesting to think about how the tech giants will fare after the crisis, and how that could potentially change the landscape!

Alternative Lending Industry
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How to Adjust Your AI Strategy to Address Volatility in a Time of Crisis

How to Adjust Your AI Strategy to Address Volatility in a Time of Crisis | Alternative Lending Industry | Scoop.it
henry@cloudmybiz.com's insight:

Great insights on how to work with uncertainty and volatility. The real lesson is that whether you use data with heavy AI, or completely without, to go slow during these times and be thorough when evaluating your business needs.

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What should the perfect video conferencing solution provide?

What should the perfect video conferencing solution provide? | Alternative Lending Industry | Scoop.it

Via Farid Mheir
henry@cloudmybiz.com's insight:

As the stay at home orders are showing us, having flawless, reliable communication technology is essential going into the future!

Farid Mheir's curator insight, April 2, 9:23 AM

WHY IT MATTERS: every videoconf I attend these days seems to suffer technical glitches: cannot connect, no video, bad quality, etc. The issues are many and no solution seems perfect. This quadrant from Gartner may provide some insight to help select the best tool for the organization. So are the many product reviews including this one:

Best video conferencing software for business in 2020: Zoom, WebEx, AnyMeeting, Slack, and more

https://www.zdnet.com/article/best-video-conferencing-software-and-services-for-business/

 

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The founder of Mint.com just launched a self-triage tool for COVID-19 

The founder of Mint.com just launched a self-triage tool for COVID-19  | Alternative Lending Industry | Scoop.it
Aaron Patzer is likely best known as the founder of Mint.com, a personal financial management tool, but today he’s lending his tech expertise to another concern: the COVID-19 pandemic. ...

Via Emilio Mordini
henry@cloudmybiz.com's insight:

So great to see tech companies stepping up and helping people during these challenging times!

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3 Reasons to Consider Remote Work for Small Business Employees

3 Reasons to Consider Remote Work for Small Business Employees | Alternative Lending Industry | Scoop.it
In today's work world, many employees don't need to be present at the office to fulfill their duties. Sometimes, the office makes it harder for employees to get their work done. Here are the top 3 reasons to consider remote work for your small business employees. 
henry@cloudmybiz.com's insight:

As a company with both traditional office workers, full time remote workers, and flex employees, we wholeheartedly agree that remote workers are a great option for 2020

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How Blockchain & AI are leading the way to 4th Industrial Revolution?

How Blockchain & AI are leading the way to 4th Industrial Revolution? | Alternative Lending Industry | Scoop.it
To an average user, artificial intelligence (AI) is something more of a Scifi or science fiction thing, but it is already deeply embedded in the basic processes people have become accustomed to. For example spam filters, ride sharing apps, facial recognition etc. are all possible today because of AI.

Via TechinBiz
Namrata Datta's curator insight, March 12, 3:50 AM
AI is changing the world around us and we are unaware of many facts. Have a look 
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Intuit Agrees to Buy Credit Karma For $7.1 Billion

Intuit Agrees to Buy Credit Karma For $7.1 Billion | Alternative Lending Industry | Scoop.it
This week the news broke that a deal had been reached between Credit Karma and Intuit that will see the latter purchase Credit Karma for $7.1 billion, paid for with cash and stock. After rumors of the deal leaked over the weekend, the agreement was confirmed on Monday by chief executives from both companies. Under […]
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4 AI Underwriting Myths Debunked

4 AI Underwriting Myths Debunked | Alternative Lending Industry | Scoop.it
In 2017, HES designed GiniMachine, an AutoML platform for credit scoring. Since then, we have conducted more than 100 pilot projects for banks, credit unions, and financial companies. What follows is an overview of the top four misconceptions that bank managers have when approaching AI-based business solutions. An Unfathomable Volume of Data It is estimated …
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Shopify Capital adds small, unsecured loans for ‘dorm room' entrepreneurs

Shopify Capital adds small, unsecured loans for ‘dorm room' entrepreneurs | Alternative Lending Industry | Scoop.it
Shopify has provided merchant cash advance services for the last three years for established online retailers, but newcomers with no transaction history typically were turned away.
henry@cloudmybiz.com's insight:

Great to see this kind of growth!

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To accelerate alternative lending, stakeholders must embrace digital KYC

To accelerate alternative lending, stakeholders must embrace digital KYC | Alternative Lending Industry | Scoop.it
Robocash Founder and CEO Sergey Sedov spoke to Tech Wire Asia about the need for digital KYC and how it can help make alternative lending safer.
henry@cloudmybiz.com's insight:

Fascinating to think of all the current and future digital technologies for identifying and validating customer identities

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“Fintech, banking and finance trends that will define 2020”

“Fintech, banking and finance trends that will define 2020” | Alternative Lending Industry | Scoop.it
By Pierre-Antoine Dusoulier, Founder and CEO, iBanFirst...
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Rethinking Banking (With Fintech)

Rethinking Banking (With Fintech) | Alternative Lending Industry | Scoop.it
The banks' own management know fintech companies are what they need, but they are doing nothing about it!
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How Lenders Can Mitigate Fraud in Challenging Times

How Lenders Can Mitigate Fraud in Challenging Times | Alternative Lending Industry | Scoop.it
henry@cloudmybiz.com's insight:

Lenders are facing some extraordinary times right now as they try to prepare for the months ahead. Hopefully these tips, along with technology solutions and developments can stay lenders stay ahead of the game!

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Will Online Lenders Be Approved to Make PPP Loans?

Will Online Lenders Be Approved to Make PPP Loans? | Alternative Lending Industry | Scoop.it
henry@cloudmybiz.com's insight:

There has been a lot of talk (and a lot of confusion) about the new guidelines for SBA loans and who can make them. Very helpful to see some news clearing up the confusion!

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Facebook, Google to be stronger after Virus Crisis

Facebook, Google to be stronger after Virus Crisis | Alternative Lending Industry | Scoop.it
Facebook, Google to be stronger after Virus Crisis



Cathie Wood, chief executive officer of Ark Investment Management, discusses her views on how the coronavirus outbreak is affecting U.S. technology giants.

Credit Bloomberg

Via TechinBiz
henry@cloudmybiz.com's insight:

Really interesting to think about how the tech giants will fare after the crisis, and how that could potentially change the landscape!

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20 Business Tasks That Can Be Automated

20 Business Tasks That Can Be Automated | Alternative Lending Industry | Scoop.it
Taking routine, recurring tasks off your to do list is essential for your productivity. Some of these business tasks can be automated, while others on your list may need to be delegated to employees. Read on for 20 business tasks that can be easily automated.
henry@cloudmybiz.com's insight:

Great list here. Neat and tidy summary of some critical tasks that every company should consider automating.

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Leading California Lender - LoanMe™ Rebrands and Pushes Boldly Into the Future With Fintech at the Forefront

Leading California Lender - LoanMe™ Rebrands and Pushes Boldly Into the Future With Fintech at the Forefront | Alternative Lending Industry | Scoop.it
/PRNewswire/ -- LoanMe launches an ambitious new technology platform, web properties, loan products, and refreshed brand identity to reinforce its missio
henry@cloudmybiz.com's insight:

Fantastic to see one of our clients pushing forward to greater and greater heights!

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LendingClub Becomes First Fintech Lender to Buy a Bank

LendingClub Becomes First Fintech Lender to Buy a Bank | Alternative Lending Industry | Scoop.it
Today LendingClub announced that it has agreed to acquire Boston-based Radius Bank for a purchase price of $185 million, made up by cash and stock. Holding more than $1.4 billion in assets, the merger will enable LendingClub to offer checking accounts and save millions in bank fees and funding costs each year. Coming one month […]
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#P2P Lending Offers Participants More Efficiency and Convenience in the #Financial Services Sector - @NEWSBTC

#P2P Lending Offers Participants More Efficiency and Convenience in the #Financial Services Sector - @NEWSBTC | Alternative Lending Industry | Scoop.it
Money is the fuel on which businesses run, and most ideas and ambitions will never find expression until a certain amount of capital is injected to either kick-start or establish them. Traditionally, one of the key roles of banks and other financial institutions is the financing of businesses and industries, providing the necessary liquidity for … Continue reading P2P Lending Offers Participants More Efficiency and Convenience in the Financial Services Sector

Via Lionel Gikonyo
Lionel Gikonyo's curator insight, November 4, 2017 9:09 AM

"Money is the fuel on which businesses run, and most ideas and ambitions will never find expression until a certain amount of capital is injected to either kick-start or establish them."

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4 AI Underwriting Myths Debunked

4 AI Underwriting Myths Debunked | Alternative Lending Industry | Scoop.it
In 2017, HES designed GiniMachine, an AutoML platform for credit scoring. Since then, we have conducted more than 100 pilot projects for banks, credit unions, and financial companies. What follows is an overview of the top four misconceptions that bank managers have when approaching AI-based business solutions. An Unfathomable Volume of Data It is estimated …
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Closing The Small Business Financing Gap: The ABCs Of Merchant Cash Advance

Closing The Small Business Financing Gap: The ABCs Of Merchant Cash Advance | Alternative Lending Industry | Scoop.it
Small businesses have more options for financing than they realize. Before you choose your financing, do the numbers for your business and research your options. This is the first of 2 articles on traditional forms of alternative financing.
henry@cloudmybiz.com's insight:

Always good to hear it from the consumer side as well

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Alternative lending: What it is and what are the pros?

Alternative lending: What it is and what are the pros? | Alternative Lending Industry | Scoop.it
Alternative lending is an umbrella term used to describe lending options that operate outside conventional banks.Frequently, you resort...
henry@cloudmybiz.com's insight:

A nice overview

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Salesforce's IdeaExchange gets a customer-centric revamp

Salesforce's IdeaExchange gets a customer-centric revamp | Alternative Lending Industry | Scoop.it
Salesforce's Jenny Sacks recommends that companies embrace customers' negative feedback and frustrations. During the recent update of Salesforce's IdeaExchange, the community's input was critical.
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