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Ebix Snags India Travel Company Yatra In $337.8M Deal

PYMNTS

India’s largest business travel service provider, Yatra Online, has entered into a definitive merger agreement with Atlanta-based software firm Ebix. Yatra will become part of the EbixCash travel portfolio, Ebix’s Indian subsidiary, but will still serve customers under the Yatra brand.

Company 108
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U.S. Credit Card Debt Is Surging

PYMNTS

SunTrust led the pack – with 26 percent growth to $200bn for the Atlanta-based lender. And fault lines are appearing – Synchrony Financial, the largest supplier of store-branded cards in the US, increased its credit loss forecast in June.

Cards 100
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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

National 150
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NCR Acquires Terafina – So What?

Gonzobanker

The financial terms of Atlanta-based NCR’s deal for Bay area-based Terafina (founded in 2014) were not disclosed. Additionally, the platform can be extended to include point of sale (POS) modules for consumer lending (credit card, loans and mortgages) and small business/commercial lending offerings.

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More Data, More To Do

Independent Banker

Lending, transaction data. Community banks generally do well in harvesting their lending data, Bhalla says. Kendall Keeling, a director of analytics and operations for at CRIF Lending Solutions in Atlanta, says more data should be pulled from loan origination systems and core billing data systems.

Data 88
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More Data, More To Do

Independent Banker

Lending, transaction data. Community banks generally do well in harvesting their lending data, Bhalla says. Kendall Keeling, a director of analytics and operations for at CRIF Lending Solutions in Atlanta, says more data should be pulled from loan origination systems and core billing data systems.

Data 70
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Kabbage and Scotiabank Ink Partnership

Fintech Labs Insights

Small business lending platform Kabbage added a big name to its list of bank partners today. The Atlanta-based company announced it has teamed up with Scotiabank , a Canadian bank that contributed to the alt-lender’s $135 million funding round last October.