Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. Capital Float had provided 500,000 clients with $1.2 Capital Float had provided 500,000 clients with $1.2 The Roadmap To Adopting Video-Based KYC.

Video 175

Video Capital Lending Security 175

PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. But there is evidence that investors’ appetite for alternative lending startups is on the wane, even as overall FinTech funding continues to climb — and as the success of the alternative lending market grows, too.

Lending 190

Lending Capital Fintech Security 190

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Looking to Increase Loans through the SBA? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million.

Capital 199

Capital Payments Software Fintech 199

PYMNTS

MARCH 6, 2020

Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. Its LPs include commercial and investment banks, family offices, insurance companies, university endowments and others.

Capital 141

Capital Fintech Meeting Washington 141

Abrigo

NOVEMBER 6, 2019

Small Business Loans | 5 minute read Key Takeaways Credit unions' small business loans hit a record low, while small business lending continues to remain strong at big banks and community banks. Going digital can help reduce the cost of small business lending and capture more member business loans. Talk to an expert.

Lending 150

Lending How To Community Community Bank 150

PYMNTS

SEPTEMBER 8, 2017

The companies range from product life cycle management solutions to those that help other SaaS firms retain clients. Based in Sweden, Apica provides Software-as-a-Service that helps companies test and monitor the performance of their own software applications. The company raised $2.5 SMB Lending.

Capital 162

Capital Software Lending Online 162

PYMNTS

NOVEMBER 6, 2020

Financial services firm Figure Technologies, Inc. By reducing complexity, we can leverage the technology efficiencies we have to deliver financial solutions to traditionally underserved and underrepresented consumers, driving real financial inclusion.”. 6) announcement.

National 163

National blockchain Lending Regulation 163

Abrigo

SEPTEMBER 1, 2020

Key Takeaways Most financial institutions have implemented technology to help handle Paycheck Protection Program (PPP) loans. Lenders leveraging that technology to provide SBA loans after PPP can add products, grow customers, and add portfolio stability. PPP drove major technology upgrades.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Key Takeaways Most financial institutions have implemented technology to help handle Paycheck Protection Program (PPP) loans. Lenders leveraging that technology to provide SBA loans after PPP can add products, grow customers, and add portfolio stability. PPP drove major technology upgrades.

Lending 195

Lending Training Technology Survey 195

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

JUNE 6, 2019

Lighter Capital, an alternative lender targeting the startup community, is adding new financing products to its offering. In a press release issued on Wednesday (June 5), Lighter Capital said it will add lines of credit and term loans to its current offering of revenue-based financing.

Capital 108

Capital Lending Community Fintech 108

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. As an industry, we misallocate capital. You can’t develop lending expertise overnight. Why is that?

How To 195

How To Strategy Capital Lending 195

Bank Innovation

AUGUST 9, 2016

Lending Club survived a brutal second quarter (barely) and is considering some fundamental changes to thrive going forward. The company’s president and acting CEO, Scott Sanborn, began yesterday’s earnings call by noting that the Read More.

Lending 150

Lending Capital Company Operations 150

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. PYMNTS breaks down the companies that did manage to secure funding, below. With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Isabel will be part of Finastra’s recently expanded leadership team as the company pivots to a ‘Business Unit’ led model.

Lending 109

Lending Leadership Community Software 109

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. Loans guaranteed by the U.S. billion to $25.3

Lending 150

Lending Resources Capital Technology 150

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). As of June 30, the company had 71.4 1, and will have to apply for a license to do so. billion yuan ($10.4

Groups 161

Groups Company Regulation Lending 161

PYMNTS

AUGUST 17, 2020

The British property technology company also plans to roll out an FCA-regulated current account in the weeks to come, according to an announcement from the firm. Hammock said it would continue to grow the breadth of lending and money offerings as the company expands and onboard more properties.

Technology 141

Technology Analytics Resources Lending 141

Bank Innovation

APRIL 13, 2018

Small business banking company Kabbage is set to acquire startup Orchard Platform Markets, a provider of lending data and services, it was reported yesterday. Plans for the […].

Lending 223

Lending Marketing Data New York 223

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Utility account aggregation company Urjanet secured $14.65 Aye Finance.

Capital 288

Capital Lending Cards United States 288

PYMNTS

JULY 7, 2020

After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.

Lending 171

Lending Industry Fintech UX 171

Bank Innovation

AUGUST 25, 2017

Digital mortgage technology startup, Blend, raised $100 million in a Series D round, bringing its total funding to $166 million, the company said Thursday. The funding round was led by Menlo Park, California-based venture capital firm Greylock Partners. Based in San Francisco, Blend was established […].

San Francisco 225

San Francisco Technology California Capital 225

PYMNTS

JANUARY 14, 2021

Silicon Valley credit card startup X1 raised $12 million in a funding round led by Spark Capital, a backer of Twitter, Plaid, Slack and Affirm. 14) press release that the company has received a positive response to the credit card’s debut, with almost 300,000 users signing up for the waiting list. Consumer borrowing dropped 19.6

Capital 143

Capital Cards Lending Branding 143

PYMNTS

MAY 11, 2020

Mumbai-based Tata Capital , a division of Tata Group, is rolling out a mobile app to make it easier for its business loan customers to manage their accounts. Tata Capital is deeply invested in providing easy access of credit to merchants and dealers through its Channel Finance and Term Loan products.

Capital 141

Capital Mobile User Experience Groups 141

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

Capital 175

Capital Security cryptocurrency Fraud 175

PYMNTS

JANUARY 27, 2020

In the wake of the financial crisis, banks’ pullback from small- to medium-sized business (SMB) lending yielded a flood of technology-driven players stepping in to fill the SMB credit gap. One of the largest obstacles for borrowers today, he said, is that the search for capital is often circumstantial.

Lending 157

Lending Online Capital Data 157

PYMNTS

JULY 22, 2019

has announced the launch of a venture banking and lending business to provide debt capital financing and commercial banking solutions to growth companies and their investors. The business will target early stage startups through mature growth companies, with a focus on the technology, healthcare, and life sciences industries.

Lending 100

Lending United States Boston Capital 100

PYMNTS

FEBRUARY 23, 2020

Payment company PayPal is looking at small business credit as a new field of opportunity. The company is championing a national digital framework in Australia that would speed up the processes used to verify customers. The company has now loaned more than $500 million to 7,000 Australian companies, officials said.

Lending 226

Lending Fintech National Strategy 226

PYMNTS

APRIL 19, 2019

Small business lending technology company Lenderfit has rolled out its services in beta, connecting financial institutions to solutions to facilitate small business lending. He told the publication that Lenderfit began as a way to address the small business lending challenges of nonprofit investment firm Access Ventures.

Lending 128

Lending Louisville Kentucky Survey 128

PYMNTS

NOVEMBER 1, 2018

In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Online lending had some restrictions in place, where there could no longer be guaranteed returns and lenders could not cover losses via guarantees. Regulations take shape, usually quite a bit more slowly.

Lending 150

Lending Guidelines Fintech Industry 150

Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. Hans Zandhuis, Head of Ally Lending, Ally. Maia Bittner, Voice of the Member, Chime.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. Yet, the small business lending gap remains. In a new report, PayNet and financial research firm Raddon examined the state of small business lending in the U.S.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

FEBRUARY 14, 2018

An alternative lending conglomerate based in the U.K. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd.,

Lending 122

Lending Capital Groups Financial Technology 122