Facebook’s General Counsel to Testify to Congress in Russia Probe
WASHINGTON — Facebook’s general counsel, Colin Stretch, will testify before the House and Senate intelligence committees in open hearings Nov. 1 as part of the congressional investigation into Russia’s...
View ArticleBlue Apron lays off hundreds just months after IPO
Blue Apron is fighting to get back in the black. Blue Apron (APRN) laid off 6% of its staff across its fulfillment centers and corporate offices on Wednesday in an effort to get closer to...
View ArticleAn Alibaba-backed fintech company founded by a 34-year-old just had an...
Qudian, an online small credit provider, went public on the New York Stock Exchange. The company, which was founded by 34-year-old Min Luo, is going after a market it says China’s biggest banks can’t...
View ArticleBanks Need to Focus on Data, Not Technology, RBC Says
EXCLUSIVE–Future banking innovations aren’t going to depend on what technology financial institutions are using, but on what data is underlying that technology, according to Dave McKay, president and...
View ArticleIn Financial Services Innovation, Disruption Isn’t Everything
For financial services firms … or outsourced with separate functions as has been seen with innovation labs fostered by tech and banking giants and other traditional firms. Innovation, he said, must be...
View ArticleIt’s not in her head: Challenging systemic attitudes in the medical community...
Innovations that have been made are not widely used in part … Using 6-8 inch vertical or horizontal incisions that tear through a woman’s abdominal muscles, open surgical patients have an increased...
View ArticleVeo Robotics raises $12 million to help machines and humans collaborate more...
Veo Robotics, which is building a smarter, more intuitive robotics system for industrial applications, announced today that it has secured $12 million in funding. Lux Capital and GV co-led this round,...
View ArticleHEDGE FUND PITCH: The company that owns the Knicks, Rangers and Rockettes...
Samantha Greenberg, a former partner at Paulson & Co. who started hedge fund Margate Capital last year, pitched Madison Square Group at the Robin Hood Conference on Thursday. Greenberg said MSG has...
View ArticleOaktree Assumes Management of Oaktree Specialty Lending Corporation
to Oaktree Specialty Lending Corporation, and the common stock now trades on NASDAQ under the new ticker symbol ?OCSL. Oaktree is a premier credit manager and leader among alternative investment firms...
View ArticleWith $900m IPO, lending company Qudian leads pack of Chinese fintech firms...
Chinese consumer lending company Qudian raised a whopping US$900 million … including Qudian, have turned to alternative data sources: ecommerce data, mobile phone records – even applicants’ social...
View ArticleNo new album yet, but Fall Out Boy headlines Quicken Loans Arena on Oct. 20
That’s the “M A N I A” tour, which begins Oct. 20 at Quicken Loans Arena in Cleveland. Wentz said he loves coming back to Northeast Ohio, where his memories include high-profile gigs playing at the...
View ArticleWomen who own businesses find bank loans harder to get
Lester began searching for alternatives online and found a company that arranges what’s known as peer-to-peer lending – loans from private lenders or investors. She’s already repaying the 5-year loan,...
View ArticlePayday loans rule could change in 2019
Bourke expects that some new types of loans might be tested. Consumers will want to look out for hidden fees or other traps. The new rule exempts what are called “payday alternative loans” authorized...
View ArticleBlueVine Lands $130 Million in Debt Financing
Alternative lending company BlueVine received a boost today, landing a $130 million round of debt funding. The company’s overall financing now totals $273 million, which is now comprised of $205...
View ArticleVantageScore: How the FHFA can open the door to alternative credit score models
A push towards embracing alternative credit scoring models has gained steam … VantageScore offered four recommendations: Give lenders a choice between the latest validated scoring models, but require...
View ArticleIs Now the Time to Play the Canadian Alternative Mortgage Market?
Alternative mortgages have long been considered a very good market to be in for Canadian investors. Largely escaping the 2008/2009 subprime crisis, which hampered the U.S. market, stronger government...
View ArticleSMBs Need Relationship-Based Financing and Alternative Providers Can Help
More than half of small or medium-sized business (SMB) will seek external financing at some point, according to a Canadian Government survey in 2014. But the quality and availability of financing can...
View ArticleCover: In Oklahoma, where one in eight adults turns to payday loans, are...
Tina Pollard hears all sorts of stories of desperate moments that led Oklahomans to alternative financial services, a broad term that includes payday loans, “signature” loans, pawnshops, auto title...
View ArticleThe Art Of Dentistry Offering Dental Solutions In The Toronto Area
Helping patients improve oral health and give them the smile they have always dreamed of. In today’s society, a smile is something that helps to define ones beauty. Many patients are choosing to...
View ArticleHere’s What Happens When You Undermine Healthcare: Uninsured Rates Rise To...
The GOP has been clear, if not always transparent, about its dislike for the Patient Protection and Affordable Care Act, otherwise known as the ACA or Obamacare. Members of Congress and now Donald...
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