Online lenders, Podcasts

TS Lending Podcast 3: How SMB lenders scale — JPM Chase gets into POS lending — Amazon thinking about lending?

  • Dan and Zack talk about the techniques top SMB lenders use to grow at scale.
  • Also, decentralized credit scoring? Dan explains what it is and how it's being used.
TS Lending Podcast 3: How SMB lenders scale — JPM Chase gets into POS lending — Amazon thinking about lending?

Welcome to episode 3 of the Tearsheet Lending Podcast with your hosts Zack Miller and Dan Pelberg.

This week on the show we review Tearsheet’s webinar with leaders at Kabbage, BlueVine, and Intuit’s QuickBooks Capital. All three lenders use smart partnership strategies to continue to scale their businesses.

Dan spoke about a new whitepaper that the Lendit team released about Lending as a Service. SMB lending appears ripe for LaaS providers to step in and service a challenging segment. Source

Next, Zack and Dan discuss JPM Chase’s intentions and offering in the POS lending space. Source

Every few months, someone writes an article to scare everyone that the tech giants are entering financial services. This time, it was about Google and Amazon entering mortgages. Source

Next, Dan talks about an article he wrote for Tearsheet about decentralized credit scoring. Dan’s excited about what this model means for scoring and extending credit to low and middle income Americans. Auto lending also appears to be ripe for this, too.

Lastly, your hosts discuss banking’s branchpocalypse. In spite of JPM’s recent announcement that they are opening branches in 2019, most banks are shuttering them. And that’s not good for certain neighborhoods. Source

Payments, Podcasts

Square’s David Rusenko on the relaunch of Online Store

  • About a year ago, Square acquired website builder, Weebly.
  • Founder David Rusenko now runs Square's ecommerce efforts and has relaunched Online Store.
Zack Miller | April 18, 2019
Finance Everywhere, Podcasts

FI.SPAN’s Lisa Shields on why ERPs are the banking channel of the future for businesses

  • Lisa Shields broke on to the fintech scene in 2000 with Hyperwallet for mass payments.
  • Her new startup FI.SPAN integrates banks into their customers' corporate ERP systems.
Tearsheet Editors | April 17, 2019
New banks, Podcasts

The Challengers 5: Why would anyone want to be a bank — the rise of BaaS — Wells should heed Buffett

  • This week's episode explores the growing trend of brands introducing financial services
  • It calls into question who and what is a bank: 'People want to bank with the brands they love'
Tearsheet Editors | April 12, 2019
Payments, Podcasts

Branch’s Atif Siddiqi on how the largest brands use salary advance to attract and retain workers

  • Branch is a popular app that is used by hourly workers to communicate and arrange shift changes.
  • With Branch Pay, the app has moved into providing financial services for its userbase.
Zack Miller | April 11, 2019
Blockchain and Crypto, Podcasts

Wave Financial’s David Siemer: ‘I’m all in on crypto’

  • David Siemer was a traditional venture capitalist investing in seed stage companies.
  • For him, the move to crypto is a generational event that he's going after.
Tearsheet Editors | April 10, 2019
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