Atlanta Cards Lending Online 
PYMNTS
OCTOBER 2, 2020
In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. for General Motor's Credit Card Business. Goldman Sachs will buy General Motors’ credit card business for approximately $2.5 Online Auto Sales Are Where the Rubber Meets the Road .
PYMNTS
MAY 22, 2018
The Atlanta-based startup will offer tools so that its clients, mostly brick-and-mortar businesses, will be able to accept card payments in-store and online, Kabbage’s President Kathryn Petralia said in an interview, according to Reuters. The monoline businesses have a hard time succeeding long term,” Petralia said.
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PYMNTS
JULY 6, 2020
The small- to medium-sized business (SMB) lending industry is in a unique position during the pandemic. This importance is especially tangible because many SMBs remain underserved by traditional banks, Kathryn Petralia , co-founder and president of Atlanta, Georgia-based SMB lender Kabbage , explained in a recent interview with PYMNTS. “Of
Fintech Labs Insights
NOVEMBER 10, 2023
Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. 161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8
South State Correspondent
JANUARY 4, 2023
Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Yeah, that was a mistake. Those loans are now worth $0.85
Abrigo
JANUARY 22, 2015
Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.
PYMNTS
JULY 26, 2018
the Atlanta-based credit reporting agency, reported lower earnings in the second quarter, mainly due to weakness in its U.S. Information Services [USIS] business, including lower revenue in both its online information solutions and financial marketing services businesses. Equifax Inc., Net income fell 12 percent to $144.8 a share.
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