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P2Binvestor launches lending programme for banks

P2Binvestor 1

Colorado-based P2Binvestor (P2Bi), a marketplace lending platform, has unveiled its bank partnership programme to let organisations access capital. Krista Morgan, CEO of P2Binvestor, says it’s “enabling banks to lend to businesses they otherwise wouldn’t be able to due to strict lending standards”. P2Bi’s strategy is to “build a lending relationship with banks at an earlier […]

Cloud security start-up ShiftLeft de-stealths

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Eyes right. US start-up ShiftLeft has emerged from stealth and wants to shift enterprise cloud security strategy from reactive to preventative. Enterprise Cloud News (Banking Technology‘s sister publication) reports that ShiftLeft is an alternative to finding vulnerabilities and attacks as they crop up and defending against them. Instead, ShiftLeft’s service scans application and microservices source […]

Lemonade platform now “open to the world” with API

Lemonade

“We’re opening up the Lemonade platform to the world!” says Shai Wininger, co-founder of Lemonade, a US-based insurtech firm.

La Caisse and Desjardins Group launch fintech and AI in finance fund

Fintech

Canada’s La Caisse de dépôt et placement du Québec and Desjardins Group have set up an investment fund dedicated solely to the fintech sector and to artificial intelligence (AI) applied to finance.

Wells Fargo launches mobile “tap and pay” functionality at 5,000 ATMs

Wells Fargo tap and pay

More than 5,000 ATMs of Wells Fargo (40% of its ATM network) now have near-field communication (NFC) enabled mobile wallet capability – i.e. the bank’s debit card customers can now “tap and pay”.

Baker Hill forges partnerships with Allied Solutions and Experian

Baker Hill

With a pair of newly-announced deals, Baker Hill continues to deliver what company president and CEO John M. Deignan calls “the cutting-edge technology and comprehensive analytical intelligence our clients need to compete and win in today’s lending environment”. David Penn at Finovate (Banking Technology‘s sister company) reports that Baker Hill has partnered with Allied Solutions, which will refer […]

Obsidian and Arroweye reward consumers for shopping local with prepaid cards

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Obsidian, a Colorado-based organisation that encourages consumers to shop local in their home community, has selected Arroweye Solutions for its Local First Card programme.

Nymbus unveils digital banking platform, SmartDigital

Nymbus inks new core banking software deal

Banking software start-up Nymbus has launched its digital banking platform – SmartDigital – offering open architecture and APIs to enable financial institutions to integrate with third-party applications.

Univision Mastercard prepaid card hits Walmart shelves

Univision prepaid card

Univision Mastercard prepaid card is now available in approximately 300 Walmart stores in California, Texas and Florida. The move is part of the brand’s ongoing expansion into retail spaces in prominently Hispanic regions.

Nacha’s American API payments dream pushes on

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Nacha, the backbone for the electronic movement of money and data in the US, and its Payments Innovation Alliance (PIA), have named the first five APIs for their big payments push. The API Standardization Industry Group, created in spring 2017 and sponsored by Nacha’s PIA, is working to further efforts to standardise the use of […]

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