Online lenders prep for recession, Shadow banking poses FI dangers, Can Uber be next decade’s trillion dollar platform?

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April 15, 2019

The Monday Conversation

CoverWallet CEO: Giving Agents — And SMBs — A Digital Insurance On-Ramp

Most SMBs don’t know they need commercial insurance until they do, and then find themselves in a friction-filled, time-consuming, paper-based morass. CoverWallet CEO and Co-Founder Inaki Berenguer tells Karen Webster his firm wants to fix that with a digital platform that’s faster, cheaper and easier for customers, insurance agents and underwriters. Here’s the blueprint.

 

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PODCAST: Matchmaker Is In

Can A Digital Platform Make The Grade With Teachers Trying To Buy Homes?

Everyone knows the Bay Area — along with other U.S. cities — can be a hard place for “essential professionals” like teachers to afford homes. In a new PYMNTS Matchmakers interview, Karen Webster talks with Landed’s Alex Lofton about a new business model that is bringing homeownership to those who make cities thrive.

 

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FinTech Disruption

FI’s $52 Trillion Threat

Shadow banking now has $52 trillion of assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means for managing their financial lives. Last week’s Capitol Hill hearing — along with PYMNTS’ data on just where we will bank — highlight the concerns that could keep traditional FI executives up at night. We break it down.

 

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Payments Innovation

Is Uber Next Decade’s Trillion-Dollar Platform?

Uber filed its widely anticipated S-1 last Thursday, and Lyft’s stock price took a hit. Investors could have a little buyer’s remorse, while pundits are fretting over the complexity of making an apples-to-apples comparison. Karen Webster says they should stop trying, and recognize that Uber is to Lyft what Amazon is to eBay: a whole different kind of platform that could pose a short, medium and long-term threat. Here’s why.

 

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What's Hot


Online Lenders Prepare For A Recession


Amazon To Launch Free Ad-Supported Music Service


JPMorgan’s Mobile User Base Grows 11 Pct.


Grubhub Shares Dip On Uber Eats Competition


World Bank, IMF Debut Blockchain And ‘Quasi-Cryptocurrency’


Microsoft Admits Breach Of Web-Based Email Accounts


Wells Fargo Sees Shares Fall As Other Banks Surge


Jumia Stock Debut Signals Appeal Of African eCommerce


Payment Co. Nexi’s IPO Raises $2.3B


Bitcoin Daily: France To Include Crypto In Insurance Contracts; VC Draper Could Team With Facebook For Crypto Venture


Best Of Yesterday 


Payments Execs On 2019’s Payments Innovation Watershed


Bringing Loyalty Programs To The Self-Serve Crowd


 

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