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Mounting Fears in Subprime Auto Lending Recall '90s-Era Bubble

American Banker

The increasingly troubled sector often draws comparisons to the subprime mortgage market of the 2000s. But the more apt analogue is the auto-lending sector of the 1990s.

Lending 28
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What Term Lending Index Should Banks Adopt?

South State Correspondent

However, some community banks are still deciding on the correct term lending index to adopt. Considerations For Choosing A Term Lending Index. The comparison between the three is shown in the table below. The national and regional banks have been mainly adopting SOFR for loan pricing. for all three). Conclusion.

Lending 195
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P2P Payments Find Fresh Fuel As The 2020s Loom

PYMNTS

Instant lending is the largest monetizable transaction type with Venmo, said management, and the remainder is split between Venmo Card and Pay with Venmo. We continue to see double-digit increases in new customer wins each month, demonstrating continued demand for Zelle from national and regional banks and credit unions.”.

Payments 124
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15 Minutes With … Jimmy Rasmussen

Independent Banker

I also focus on budgets, loan and deposit growth, net interest margins, quarterly comparison reports, and the banker’s view of his or her local economy. The Houston region has seen substantial layoffs, and the daily headlines predict more will be announced. In fact, huge expansion projects are now underway across our region.

Dallas 131
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Mortgage, Commercial Lending Boost SunTrust's Revenue in 3Q

American Banker

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
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Easter Commerce Hops All Over The Place

PYMNTS

According to the National Retail Federation (NRF), American consumers will be doing so in record numbers this Easter, with purchases related to the holiday expected to reach $17.3 Boy, do we like to buy stuff. Let’s break down the list. According to the Easter Spending Survey, $5.5 billion will be spent on food. That’s reasonable.

Survey 100
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The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. Two that are already seeing lots of activity are payments and lending. Meanwhile, alternative lending is also seeing strong growth, with P2P fintech platforms distributing $1.4B