technology

Is Your Firm Ready for Machine Learning?

October 15, 2018
Article by:

Machine Learning

This story appeared in deBanked’s Sept/Oct 2018 magazine issue. To receive copies in print, SUBSCRIBE FREE Artificial intelligence such as machine learning has the potential to dramatically shift the alternative lending and funding landscape. But humans still have a lot to learn about this budding field. Paul Gu, co-founder, Upstart Across the industry, firms are […]

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Did UCC Lead Generators Overload NY State’s System?

April 4, 2017
Article by:

overload

In the small business finance industry, New York State is known as one of the friendliest places to conduct a UCC search. You can not only search by debtor, but also by secured party, and get just about everything you need to create a list of prospects for free. But the State’s website isn’t exactly […]

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OnDeck CEO Noah Breslow Talked Tech Worker Shortage in Canada on BloombergTV

March 22, 2017
Article by:

Canada

On BloobergTV Canada, OnDeck CEO Noah Breslow explained what he thought the country could do to boost innovation. The discussion stemmed from Canada’s decision to set aside C$800 million over the next four years to carry out that objective. Breslow said that since Canada has excellent schools, those graduates can be nurtured into forming businesses […]

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AI Sales Assistant Penetrating Alternative Finance Raises $34 Million in Series B Round

December 15, 2016
Article by:

digital brokers

Wondering how your competition always seems to be so on top of their game? They might be using an artificially intelligent sales assistant. Such technology was reported on last month when deBanked learned that it had penetrated the alternative business financing industry through at least one company named AI Assist. AI Assist is powered by […]

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Google To Shut Down Financial Products Comparison Site

February 23, 2016
Article by:

Google

The tech giant plans to shut down Google Compare on March 23rd 2016, a tool which let users compare financial products like credit cards, mortgages and insurance.

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Exponential Finance

June 15, 2014
Article by:

DailyFunder Exponential Finance

Last week, DailyFunder was a media sponsor of Exponential Finance presented by Singularity University & CNBC. It was a totally different atmosphere from some of the other events I’ve been to this year already (Transact 14, LendIt, etc.). In the upcoming July/August issue of DailyFunder magazine, I’ve got a column that summarizes the event that […]

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Fund it and Ask Questions Later

March 25, 2014
Article by:

FUND!!!

Ever since OnDeck Capital stopped doing verbal landlord references, the underwriting landscape of alternative lending has changed dramatically. Kabbage will supposedly fund applicants in just 7 minutes. Everybody’s under the gun to streamline their process, fund deals faster, and produce record breaking numbers month after month. And why shouldn’t they? Investors are practically foaming at […]

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Kabbage Has Leverage With Patents

March 23, 2014
Article by:

kabbage Patents

If you’re planning on introducing new technology to the merchant cash advance or alternative business lending space, you might want to start filing a patent, or else end up violating someone elses. I’ve brought up Kabbage and patents before, but another one of theirs caught my attention. In their invention named, Method and Apparatus to […]

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