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Member business lending: How to leverage MBL for credit union growth

Abrigo

Where to begin Develop a member business lending strategy Developing a sound MBL strategy, or tightening an existing one, can help credit unions achieve long-term success in managing member business lending risks. It also recommends including projections related to loan pricing, operating expenses, and delinquency.

Lending 221
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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

OfferUp Senior Manager of Business Development Daniel Azoulai said in an announcement for the partnership, “More than half of OfferUp’s 44 million annual users are millennials, and as our most engaged customers, are incredibly aware of their impact on the planet and the value of recommerce.” Price Comparison Shopping.

Regional 145
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The Central Bank Conundrum On Cryptos

PYMNTS

In the most recent news , as noted by CNBC, Switzerland’s central bank is examining how digital currencies might be used in a trading environment, working in tandem with the Swiss stock exchange’s operator SIX Group. SIX, for its part, has reportedly been developing a digital exchange that will use blockchain to underpin those transactions.

National 183
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Beyond Peer Analysis: Adopting a Benchmarking Mindset

Independent Banker

Benchmarking looks beyond peer averages to identify top performers; it redefines the nature of an assumed peer group, and it requires a deeper level of analysis from the management team. In short, their operating models deliver stellar results and cannot be easily written off as risky or anomalous. Example: Net Interest Margin (NIM).

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Adding Fuel In The Tank For Mobile At The Pump?

PYMNTS

Estimates show that gas station operators might have to spend as much as $30,000 per location to bring the payment tech up to snuff (regardless of the deadline), as noted by the National Association of Convenience Stores. percent of total payment fraud in the U.S. percent of total payment fraud in the U.S.

Mobile 100
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Data Enablers: Runzheimer, Track Business Mileage From A To B

PYMNTS

In terms of mileage, there is a true slew of accounting and management issues: how many miles, how quickly an employee can get to the next meeting, how to reimburse — take your pick. Of course, organizations across the board use data and analytics to improve productivity and manage expenses.

Data 100
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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

And while the last week had no shortage of players pushing ahead with big moves, there were three that managed to put up some pretty staggering early-season numbers. From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”. The Apple Card’s Big Launch.

Apple 101