Remove Credit Risk Remove Micro-Entry Remove Mobile Banking
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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

This shift has led to a bunch of great advancements in mobile banking and money apps, making it possible for financial services to reach even the most remote areas. Governments are promoting digital payment systems and mobile banking to reach unbanked populations. The use of nontraditional data for lending.

Finance 59
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. Additionally, as Stripe moves into new product verticals like lending and corporate cards, it exposes itself to credit risk and an uncertain interest rate environment.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In his 2016 annual letter to shareholders , Bezos outlined Amazon’s goal of expanding Amazon Lending: by continuing to work with partner banks to manage the bulk of the credit, the retailer can mitigate credit risk and calm investor nerves. Its first entry point in the market was in payments in October 2014.