Blog Posts in January, 2017

How Fintech Could Cause a Revolution in Compliance

Jude Scott, chief executive of Cayman Finance. PHOTO: CAYMAN FINANCE Compliance in financial services could be revolutionized by financial technology, which holds the potential of making the processes ...
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The Most Important Investment You Can Make

I often get asked by business owners and entrepreneurs what's the single most important thing they should do to be successful? For me the answer is really simple, invest in yourself. It is without ...
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Clearing Up Confusion About Merchant Cash Advance Syndications

Merchant cash advance syndications offer significant opportunities for investors and entrepreneurs alike, but confusion about how syndication works keeps many people who could benefit from taking ...
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CFPB Gets Green Light To Investigate Tribal Lenders

The Consumer Financial Protection Bureau got the nod Friday (Jan. 20) from a California appeals court that it can go after Native American tribal lenders that market payday loans. According to a ...
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Creating a Business That Stands Out from the Crowd

Finding deal placement assistance in New York, New York is a good way to keep your customers happy with fast closings on private deals, but how do you attract them in the first place? Deal placement ...
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How a Growth Push Derailed CAN Capital, a Big Lender to Small Businesses

An ill-fated growth push has tripped up one of the oldest, most-successful online lenders to small businesses. CAN Capital Inc. was forced to stop making new loans late last year after it discovered ...
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Mortgages Taking Center Stage at Online Lender SoFi

Survival tip : "You've got to have more than one product," says Mike Cagney, CEO of SoFi. Social Finance, the online lender that made its name refinancing student loans for high-earning ...
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How to Get the Most from Deal Placement Assistance

Is your independent sales organization (ISO), struggling with the sheer amount of work required to fund your files? If so, you could be losing business while trying to close deals for your existing ...
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Does Funding Circle's $100M Round Signal A Return To Boom Times For Online Lending?

2016 was a dismal year for online lending, but 2017 is already looking up. Online lenders are emerging from a scandal-plagued 2016 older, wiser—and now richer. Small-business loan platform ...
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Online business lender Funding Circle raises another $100M

Funding Circle co-founder Sam Hodges said the additional funds will support product development and ongoing loan growth. Funding Circle, an online small-business lender, announced Wednesday that it ...
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U.K. Online Lender Bucks Brexit With $100 Million Funding Round

British peer-to-peer lenders were bracing for disaster when the U.K. voted to quit the European Union on June 23. Maybe they needn’t have worried. Funding Circle Ltd., the biggest online lender ...
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Goldman Sachs' Online Lender Marcus Now Open to All Borrowers

Brendan McDermid—Reuters Marcus, Goldman Sach’s ( NYSE:GS ) foray into the universe of online lending, launched late last year. The catch was you had to be “invited” to take ...
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Mark Zuckerberg Sets Himself a Personal Goal Every Year (and You Should Too)

Facebook founder and CEO Mark Zuckerberg. CREDIT: Getty Images Mark Zuckerberg has a plan for 2017: By the end of the year, he wants to have visited all 50 states and met people in each one. Since ...
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Why You Must Adapt, Update, and Refocus

All of life is a transition. Friends come and go. You move to one place and eventually move again. Kids grow older. Your financial situation changes. You commit to something, do it, and then commit to ...
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What You Need to Do to Become a Better Leader This Year

As I recently wrote, researchers estimate that only 3 percent of a leader's time is spent envisioning the future. Adding insult to injury, this alarming research concludes that global ...
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