Tagged: community banks

It’s “Absolutely Essential” for Smaller Lenders to Work with Fintech Firms, According to Community Banking Executives

Community banks and credit unions have been finding it difficult to keep their platforms updated with the latest innovations because of limited capacity, lack of industry skills and expertise, and relatively small budgets. Due to these limitations, small lenders have been working with Fintech firms,… Read More

AI-based Banking Tech Provider Neocova Secures $9.5 Million in Investments from US-based Community Banks

Several US-based community banks have reportedly invested $9.5 million into artificial intelligence (AI)-enhanced, API-driven banking technology provider, called Neocova. Developed specifically for community banks, Neocova’s cloud-powered core platform handles the management of customers, their deposits, and any loan products they might be using. The latest… Read More

CommunityLeader Teams Up With Breakaway Funding To Release Whitepaper On Community Banking & Crowdfunding

CommunityLeader, Inc., a technology and service leader in the emerging crowdfunding industry and Breakaway Funding, LLC, a new crowdfunding portal platform announced the joint publication of “Community Banks: Sink or Crowdfund“— a whitepaper for community bankers on how to leverage the changing landscape in the… Read More

What’s In Store For Lending Club In 2014: An Interview With Renaud Laplanche

In the ever-growing crowdfunding community, peer lending reigns supreme. A TD Economics report we covered last week estimates the size of the global crowdfunding industry at somewhere between $3 and $5 billion in 2013. Of the sites responsible for this emergent shift in capital access,… Read More

Hybrid, Accredited-Only Crowdfunding Platform “Breakaway Funding” Launches Next Week

A new crowdfunding platform called Breakaway Funding launches next Tuesday. It aims to provide both equity-based and debt-based crowdfunding models for companies seeking to access the crowd’s capital. In order to take advantage of a new and ample source of business capital made available by the… Read More

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