Welcome!

Big Data Journal Authors: Yeshim Deniz, Pat Romanski, Carmen Gonzalez, Roger Strukhoff, Elizabeth White

News Feed Item

OnDeck Expands Executive Team With Key New Hire

Pamela Rice Joins the Leading Tech Lender as Senior Vice President of Technology

NEW YORK, March 13, 2014 /PRNewswire/ --  OnDeck (www.ondeck.com), the technology-powered Main Street lender, announced today the addition of Pamela Rice in the key position of Senior Vice President of Technology. Rice joins OnDeck from PayPal and arrives during the company's fast-growth phase highlighted by a 150 percent revenue surge and nearly $1 billion in capital delivered to Main Street businesses. She will oversee application and core engineering, platform operations and corporate IT, and will report directly to CEO Noah Breslow.

Pamela Rice Joins OnDeck as Senior Vice President of Technology

Rice's approach to technology leadership combines developing innovative solutions with scalable processes while building high performing teams.  At OnDeck she will harness her extensive expertise in building disruptive credit technology solutions to drive the expansion of the company's engineering team and enable OnDeck's product and market growth initiatives.

"Pamela has the leadership experience and proven track record in transitioning fast-growing companies to full-scale enterprises, which is exactly what we need as we take our business to the next level," said Noah Breslow, chief executive officer, OnDeck. "Our recent funding round, coupled with Pamela's hiring, will allow us to aggressively grow our technology team over the coming months to further expand our small business lending products and market reach."

"OnDeck has leveraged its technology to lead the disruption in the small business lending industry," said Pamela Rice, senior vice president of technology, OnDeck. "I am excited to join the team during this high growth period and look forward to scaling the company's innovative systems, expanding the team and advancing our operational excellence."

Most recently, Rice led Global Credit Technology for PayPal where she advanced its credit platforms across multi-channel, multi-market products while increasing uptime by over 40 percent and leading a distributed team of over 100 engineers. She also oversaw PayPal's U.S. Credit Technology, and helped deliver the first PayPal credit product in the European Union. Prior to PayPal, Rice was an early employee and engineering leader at Bill Me Later, where she built many of its original credit systems. PayPal/eBay eventually acquired Bill Me Later in 2008 in one of the most successful financial technology startup acquisitions of all time. Earlier in her career, Rice spent five years as a lead software engineer at UPS.

Rice co-founded eBay Women in Technology (eWIT) in Maryland and is a contributing member of Grace Hopper Celebrations of Women in Computing. She earned a bachelor's degree from the University of Hawaii, a master's degree from John Hopkins in Information Systems, and an executive MBA from Loyola University.

OnDeck is leading the industry with its online, real-time lending platform that evaluates the creditworthiness of a small business and delivers critical growth capital more efficiently than traditional lenders. Harnessing big data and readily available digital information, the company is transforming the lending process to one that is fast, easy and more transparent. To date, OnDeck has delivered nearly $1 billion to tens of thousands of businesses across over 725 different industries.

To learn more about OnDeck, please visit www.ondeck.com.

About OnDeck

Launched in 2007, OnDeck uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses and efficiently deliver capital to a market underserved by banks.  Through the OnDeck platform, millions of small businesses can obtain affordable loans with a fraction of the time and effort that it takes through traditional channels. The company's proprietary credit models look deeper into the health of businesses, focusing on overall business performance, rather than the owner's personal credit history.  The OnDeck system also provides a critically needed mechanism for financial institutions and other business service providers to efficiently reach the Main Street small business market.

OnDeck has deployed nearly $1 billion in capital to tens of thousands of businesses across 725 different industries. The company grew 150 percent in 2013, and was recently named #11 on Forbes' 100 Most Promising Companies in America list and was listed on the Inc. 500/5000 for a second year in a row. The company also has earned an A+ rating with the Better Business Bureau. OnDeck is financed by some of the nation's leading venture capital firms, including Google Ventures, SAP Ventures, RRE Ventures, Tiger Global and Institutional Venture Partners.

For more information, please visit: www.ondeck.com. Follow OnDeck on Twitter @OnDeckCapital

Media Contact:

Jonathan Cutler/Melissa Barto
JCUTLER media group 
[email protected]   [email protected] 

OnDeck Logo.

Photo - http://photos.prnewswire.com/prnh/20140313/LA82434

Logo - http://photos.prnewswire.com/prnh/20130213/LA59048LOGO

SOURCE OnDeck

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@BigDataExpo Stories
SYS-CON Events announced today that Verizon has been named "Gold Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic network...
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic...
Cloudwick, the leading big data DevOps service and solution provider to the Fortune 1000, announced Big Loop, its multi-vendor operations platform. Cloudwick Big Loop creates greater collaboration between Fortune 1000 IT staff, developers and their database management systems as well as big data vendors. This allows customers to comprehensively manage and oversee their entire infrastructure, which leads to more successful production cluster operations, and scale-out. Cloudwick Big Loop supports ...
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation...
Headquartered in Santa Monica, California, Bitium was founded by Kriz and Erik Gustavson. The 1,500 cloud-based application using Bitium’s analytics, app management, and single sign-on services include bug trackers, customer service dashboards, Google Apps, and social networks. The firm states website administrators can do multiple tasks online without revealing passwords. Bitium’s advisors include Microsoft’s former CMO and the former senior vice president of strategy, the founder and CEO of Li...
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, da...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. ...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water,...
The Internet of Things needs an entirely new security model, or does it? Can we save some old and tested controls for the latest emerging and different technology environments? In his session at Internet of @ThingsExpo, Davi Ottenheimer, EMC Senior Director of Trust, will review hands-on lessons with IoT devices and reveal privacy options and a new risk balance you might not expect.
The information technology sphere undergoes what we like to call a paradigm shift, sea change or plain old ‘upheaval’ roughly every five years or so. Don’t ask anybody why this half decade cyclicality exists; it just has to be so. Accept that reinvention happens constantly and that major seismic shifts are tangibly felt by us human beings roughly every 1826.21 days… and we can move on.
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, B...
SYS-CON Events announced today that Objectivity, Inc., the leader in real-time, complex Big Data solutions, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Objectivity, Inc. is the Enterprise Database leader of real-time, complex Big Data solutions. Our leading edge technologies – InfiniteGraph®, The Distributed Graph Database™ and Objectivity/DB®, a distributed and scalable object ma...
In their session at DevOps Summit, Stan Klimoff, CTO of Qubell, and Mike Becker, Senior Data Engineer for RingCentral, will share the lessons learned from implementing CI/CD pipeline on AWS for a customer analytics project powered by Cloudera Hadoop, HP Vertica and Tableau. Stan Klimoff is CTO of Qubell, the enterprise DevOps platform. Stan has more than a decade of experience building distributed systems for companies such as eBay, Cisco and Seagate. Qubell is helping enterprises to become mor...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo, moderated by Ashar Baig, Research ...
Big Data means many things to many people. From November 4-6 at the Santa Clara Convention Center, thousands of people will gather at Big Data Expo to discuss what it means to them, how they are implementing it, and how Big Data plays an integral role in the maturing cloud computing world and emerging Internet of Things. Attend Big Data Expo and make your contribution. Register for Big Data Expo "FREE" with Discount Code "BigDataOCTOBER" by October 31
The evolution of the database is under constant upheaval, discussion, debate and (if you will excuse the expression) 'analysis.' This basic truth is now more relevant, pertinent and pressing than ever due to the prevalence of Big Data (and the need to impose analytics of insight upon it) driven by social, mobile, cloud and of course the Internet of (Every) Things. Today then, as a staple of our IT infrastructure, databases have been around for over 50 years now with first references of the ter...
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to bui...