Kabbage

New consortium to tackle the problem of risky fintech innovations

03/06/18

The World Economic Forum announced on Tuesday an effort designed to strengthen fintech cybersecurity.

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Amazon checks it out; Fed takes aim at Volcker rule

03/06/18

The online retailer wants to offer customers checking accounts but won’t become a bank; Quarles says the rule is too complex and “not working well.”

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Kabbage vows to curb lending to gun sellers

03/05/18

The online lender is taking a stand against businesses that sell assault weapons or that sell any type of firearms to people under 21.

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Banco Popular reboots Eloan for new era in online lending

01/30/18

The pioneering brand re-enters a market where fintechs now account for over 30% of personal loan originations.

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Kabbage to further challenge banks with $250,000 credit lines

01/30/18

The online lender to small businesses is expanding its business deeper into traditional banks’ territory with larger loans.

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Time to address banks’ skepticism about data sharing

12/05/17

An ex-regulator’s stern warning about the risks of sharing consumer information with fintechs has prompted debate over common security standards for banks and nonbanks, better data tracking and new liability insurance products.

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Banks vs. aggregators: Who’ll budge in the data-sharing battle?

11/28/17

The CFPB's data-sharing guidance was widely applauded, but mistrust remains between banks and aggregators. Advocates want regulators to take action.

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What JPMorgan's latest moves reveal about online lending's future

08/11/17

The $2.6 trillion-asset bank's recent commitment to digital lending augurs the development of a two-tier market for borrowers who want fast access to cash.

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Fed to revamp bank director role; Kabbage gets more green

08/04/17

The Fed wants directors to “focus on the big issues” not minutia; Softbank to invest $250 million in online small business lender.

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Kabbage raises $250 million equity round, its largest to date

08/03/17

Online lending platform Kabbage announced Thursday it has raised $250 million from Japanese telecom giant SoftBank, marking its largest equity fundraising round to date.

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