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Sizzle/Fizzle

PYMNTS

The startup doesn’t need the money, really, flush with hundreds of millions of dollars of its own — and has tens of millions of people applying for its credit cards. Executives at six media agencies told CNBC this past week that that Amazon is gaining traction in advertising. Transactions grew from 151 million to 405 million.

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WePay On The Art Of Payments Risk Management

PYMNTS

“As a merchant service provider you need to verify if the merchant is who they say they are, are they in your acceptable use category, can you support their merchant codes, will they deliver as advertised and do you understand your credit risk exposure. Same as always.”.

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The Coming Millennial FinTech Crisis

PYMNTS

In the days of Mad Men and even through the 1990s, selling advertising was often the domain of a slick sales guy (yes, a guy) calling on newspaper, magazine and broadcast executives over three-martini lunches. But the only way to get anyone’s attention about a product was to advertise on one of those three media channels. Or should it?

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CFPB Opens Floodgates For Online Marketplace Lender Complaints

PYMNTS

The complaints it accepts are in the areas of mortgages, bank accounts and services, credit cards, student loans, auto and other consumer loans, credit reporting, debt collection and payday loans. The CFPB has been accepting complaints since its inception in July 2011. It’s really too early to tell,” Webster wrote.

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Can FinTech Walk The FinTalk?

PYMNTS

The FTC complaint alleges that LendingClub’s advertisements of “no hidden fees” is in conflict with reports from consumers who received loan proceeds minus those hidden fees that were, well, hidden in the fine print. But that’s not enough to support and service these accounts. Marketplace Lending. Digital Banks.

Banking 73
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Transcript: Ted Seides

Barry Ritholtz

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. RITHOLTZ: I love this quote from a piece you wrote about risk. I’m sorry, I’ve never advertised for the podcast other than a couple little experiments.

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Transcript: Rick Rieder

Barry Ritholtz

ADVERTISEMENT) RITHOLTZ: So you’ve been with BlackRock since the financial crisis. But there are so many tools at your disposal, and let alone how much duration you’re taking, how much interest, how much credit risk you’re taking, illiquidity, et cetera. There are so many tools to try and outperform.