A look at nonbank loans and the alternative lending industry business model in 2021 (WFC, BAC, C, JPM, USB, PYPL)
Friday, 15 January 2021, 17:11:08
Summary List Placement Alt lenders' ability to leverage technology and provide more efficient lending services to the underserved is allowing them to penetrate the market and find success. Insider Intelligence has broken down what alternative lending is, list the top alt lenders in the industry, and detail how alternative financial institutions are threatening the dominance of incumbent banks. Do you work in the Banking industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research . Nonbanks and alternative lending institutions are making their way into the banking industry – posing a major threat to incumbent banks. Alt lenders' ability to utilize technology and provide efficient and effective lending services to underserved businesses and individuals is allowing them to penetrate the market and find success. Below we break down what alternative lending is, list the top alt lenders in the industry, and detail how alternative financial institutions are threatening the dominance of incumbent banks.
— Business Insider
Friday, 15 January 2021, 05:36:29
The last decade has been a thriving period for many small businesses, entrepreneurs and startups. With the scaling technology assisting business ideas and a push towards e-commerce, small business operations have grown rapidly. Accommodating their journey and providing budget-friendly offices, co-working spaces have also found the right customer base during this period. The number of co-working spaces in the world is estimated to grow to more than 40,000 by 2024, according to a recent study. While the pandemic may have plummeted the growth rate, the industry is expected to rebound even more rapidly from 2021, with a growth rate of 21.3% yearly.Interestingly, even large corporates have started taking interest in opening branches and offices in co-working spaces. However, as conventional and accommodating co-working spaces might be, they often lack certain aspects of traditional office spaces such as privacy of single tenant offices. Further, as these companies begin to scale in terms of operations and staff, their office needs change respectively.
— Economic Times India
Data center firm Digital Realty joins Oracle, Hewlett in moving HQ from Bay Area to Texas | ZDNet
Thursday, 14 January 2021, 23:02:00
Digital Realty’s CEO lauded the “central location, affordable cost of living, highly educated workforce and supportive business climate” in Texas.
Oracle wants to drastically simplify app development with new low-code service
Thursday, 14 January 2021, 22:29:57
Developers can now build data-driven apps quickly and easily using Oracle's APEX low code development platform.
A group of health and tech companies, including Microsoft, Salesforce, and Oracle, says it is developing a digital COVID-19 vaccination “passport” (Sam Shead/CNBC)
Thursday, 14 January 2021, 18:45:00
Sam Shead / CNBC : A group of health and tech companies, including Microsoft, Salesforce, and Oracle, says it is developing a digital COVID-19 vaccination “passport” — – A digital Covid vaccination passport is being jointly developed by a group of health and technology companies who anticipate that governments …
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