PYMNTS

SEPTEMBER 17, 2020

Mastercard said the new program would, among other things, expand city programs that aid Black communities in such cities as Atlanta, Birmingham, Los Angeles, New Orleans, New York, St. “Our aim is to level the playing field for economic growth.”. Louis and Dayton, Ohio.

Community 282

Community St. Louis Los Angeles Ohio 282

Bank Innovation

NOVEMBER 17, 2017

The funds will used by the Atlanta-based Kabbage to scale and expand its lines of credit with longer terms to its existing customer base, as well as some of the larger small businesses. Small business lender Kabbage received $200 million in revolving credit from Swiss financial institution, Credit Suisse.

Atlanta 223

Atlanta Online Lending Fintech 223

PYMNTS

APRIL 14, 2020

Atlanta-based KyckGlobal is working with Visa to boost the use of “push payments” to businesses. KyckGlobal noted that its cloud-based platform is now being used for such things as specialty consumer lending, insurance claims and incentive programs.

Payments 184

Payments US Atlanta United States 184

Bank Innovation

JUNE 3, 2019

Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Register here.) Bank Innovation Build will bring together industry leaders […].

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Innovation Atlanta Industry social media 170

PYMNTS

JANUARY 24, 2020

He added that the bank will seek to broaden its lending to businesses in the Atlanta area this yea, with plans to introduce a commercial card for its business clients later on.

Atlanta 169

Atlanta Industry Lending Marketing 169

PYMNTS

OCTOBER 2, 2020

The purchase furthers Goldman's push into Main Street lending and gives Goldman access to over one million cardholders, who account for roughly $8.5 billion in spending per year. Walmart Expands Healthcare Services.

Cards 193

Cards Payments Atlanta Google 193

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. In addition, Kabbage sells its lending technology to large banks that want to offer credit online.

Payments 101

Payments Lending Atlanta Leadership 101

ABA Community Banking

MARCH 31, 2021

When the coronavirus pandemic began, Craft Bank was just about to begin its capital raise as a de novo community bank in Atlanta. With its roadshow about to begin, CEO Ross Mynatt and his small team threw out the playbook and began pivoting. The post Podcast: Crafting a New Bank Amid COVID-19 appeared first on ABA Banking Journal.

Atlanta 105

Atlanta Community Bank Community Capital 105

South State Correspondent

JULY 26, 2023

The Atlanta Fed GDPNow forecast is for Q2 GDP to be just under 2.50%, and the Fed Funds futures market continues to push out the start of the interest rate cuts. The Yield Curve Impact The graph below shows the current lending curve from one month to 20 years and demonstrates the average commercial loan rates for different repricing terms.

Community Bank 195

Community Bank Community Strategy Atlanta 195

American Banker

MAY 19, 2020

Black and Latino business owners were less likely to get loans than overall borrowers, survey states; Atlanta Fed president tells lenders they won’t be second-guessed if they do right by borrowers.

Survey 77

Survey Atlanta Lending 77

American Banker

OCTOBER 20, 2016

SunTrust Banks in Atlanta has agreed to buy the multifamily lending business of Pillar Financial in New York.

Lending 28

Lending Atlanta New York Regional 28

Bank Innovation

APRIL 5, 2016

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October.

Atlanta 150

Atlanta Company Lending Capital 150

American Banker

DECEMBER 10, 2020

Their $35 million refinancing of the Atlanta Hawks’s training complex is being touted as the first time that a professional sports team has secured a loan underwritten exclusively by Black banks.

Atlanta 86

Atlanta Training Security Lending 86

American Banker

JANUARY 22, 2020

Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors.

Tennessee 49

Tennessee Atlanta Georgia Community Bank 49

PopularBank

JUNE 16, 2022

Based in Atlanta, Greenwood takes its name from Tulsa, Oklahoma’s Greenwood District. Co-founded by former Mayor of Atlanta, Andrew J. Together, the companies plan to build a networking platform that will support community lending, entrepreneurship, and wealth building. Since March 2021, Popular, Inc. Popular, Inc.

Tulsa 52

Tulsa Atlanta Community Oklahoma 52

PYMNTS

JULY 17, 2019

India’s largest business travel service provider, Yatra Online, has entered into a definitive merger agreement with Atlanta-based software firm Ebix. Ebix said the deal has an enterprise value of $337.8 Ebix has invested over $650 million in businesses in India.

Company 108

Company Atlanta Branding Online 108

Jack Henry

FEBRUARY 25, 2015

CEOs and Chief Lending Officers, have you ever met a young lender that seemed to see his/her shadow while out on a business development call? In the last 60 days, I had several conversations with bank executives in Minneapolis, Oklahoma City, Fresno and Atlanta on that very topic. lenders loan growth commercial lending'

Oklahoma City 60

Oklahoma City Fresno Oklahoma Minneapolis 60

South State Correspondent

AUGUST 28, 2023

The evolution of the currently inverted yield curve does not necessarily tell us that the market expects a recession but that future growth may be lower than the current expected growth of 5.8% (latest estimate for Q3/23 from Atlanta Fed GDPNow). to 3.5%).

Atlanta 195

Atlanta Marketing US Report 195

South State Correspondent

JANUARY 4, 2023

Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending. Remember all those five-year fixed-rate loans you booked at 4%?

Community Bank 195

Community Bank Capital Training Lending 195

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

Georgia 147

Georgia Atlanta Tools Lending 147

Abrigo

APRIL 19, 2022

Credit and Lending Software Overcome Common Lending Problems Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Would you like other articles like this in your inbox?

Lending 195

Lending Software Management Handbook 195

American Banker

OCTOBER 21, 2016

Profit fell at SunTrust Banks in Atlanta during the third quarter because of higher costs for technology and deposit insurance premiums, as well as an unfavorable yearly comparison.

Atlanta 28

Atlanta Comparison Lending Technology 28

Fintech Labs Insights

NOVEMBER 9, 2020

If you are familiar with P2P lending, you’ll instantly get the Arrived Homes platform. Fintech Debuts: Watch Treasure and Arrived Homes Pitch at Techstars Atlanta (Oct 2020). The Seattle-based startup delivered a near-perfect pitch at the Altanta demo day a fews weeks ago (see above), and we are enthusiastic about its prospects.

Atlanta 15

Atlanta Fintech Seattle Management 15

American Banker

MAY 9, 2016

State Bank Financial in Atlanta just hired a lending team that will take its SBA lending operation to the next level. The moves comes as the SBA reports a record number of 7(a) loans.

Atlanta 28

Atlanta National Lending Operations 28

Payments Source

APRIL 20, 2018

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

Atlanta 62

Atlanta Data Cyber Security Georgia 62

Jeff For Banks

DECEMBER 10, 2023

They provide white label payments and depository services (think Paypal, Chime) and deploy that funding into specialized lending programs such as lending to wealth management firms, commercial fleet leasing, and real estate bridge lending. Its founder, Heman Perry, served as the first chairman of the board.

Fresno 103

Fresno North Carolina Raleigh FDIC 103

PYMNTS

SEPTEMBER 25, 2020

MineralTree bought Atlanta-based Regal Software and California FinTech Inspyrus. However, they indicated there’s further work that needs to be done, particularly in addressing small business lending and extending additional stimulus via direct payments to individuals and families. Trackers And Reports.

Maine 153

Maine social media Atlanta Massachusetts 153

Gonzobanker

FEBRUARY 20, 2021

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.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

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. Earlier this month, Equifax also made a key acquisition, buying a firm called DataX , which specializes in credit reporting and data for alternative lending to underbanked consumers. Equifax Inc., a share.

North Carolina 101

North Carolina Atlanta Maine Data 101

CFPB Monitor

MAY 20, 2015

” Atlanta partner Christopher Willis is described by clients as “a nice guy and an incredibly hard worker.” ” Up-and-coming partner Mark Furletti is known for his expertise in Telephone Consumer Protection Act (TCPA) matters, laws governing electronic payments, and other state and federal consumer lending laws.

Groups 60

Groups Atlanta United States Washington 60

Abrigo

APRIL 28, 2016

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

National San Jose Los Angeles United States 150

Abrigo

JANUARY 22, 2015

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.

Community Bank 150

Community Bank Community Regional Cleveland 150

William Mills

AUGUST 15, 2018

AUSTIN and ATLANTA, August 15, 2018 – Validis , a pioneer of data sharing and standardization technology used by three of the big four accounting firms and 80 percent of the Tier 1 banks in the U.K., Validis is changing how financial institutions lend to businesses. Validis is changing how financial institutions lend to businesses.

Technology 42

Technology Data Atlanta Austin 42

PYMNTS

SEPTEMBER 30, 2019

The decision to not list shares amid a game of “how low can they go” ­— rapidly reduced valuations highlighted a desperate bid to find out where Wall Street would finally lend its support ­— may signal that the age of high-flying unicorns is over. The company has attracted 20,000 investors, according to Forbes.

Management 156

Management Atlanta Chicago Technology 156

CFPB Monitor

JANUARY 23, 2017

The 22nd Annual Consumer Financial Services Institute, sponsored by the Practising Law Institute, will take place on March 27-28, 2017 in New York City (and by live webcast and groupcast in Atlanta; Philadelphia, Pittsburgh, and Mechanicsburg PA) and on May 4-5, 2017 in Chicago.

New York City 60

New York City Chicago New York Philadelphia 60

PYMNTS

JANUARY 25, 2021

You can drive around Atlanta and just forget that there’s a pandemic going on.”. As Edwards noted, the state was hit by COVID-19, but not with anywhere near the force of hotspots like New York or Los Angeles. From a business climate standpoint, it hasn’t been the drought in Georgia that it has been in some other places,” Edwards said.

Los Angeles 256

Los Angeles Georgia Atlanta New York 256

American Banker

NOVEMBER 7, 2018

The Atlanta-based consumer lender, which partners with both retailers and banks, cited a higher-than-expected cost of funds as one reason for its less rosy forecast.

Atlanta 28

Atlanta Retail Lending 28