Abrigo
AUGUST 26, 2019
The session is among several panel discussions and speaker sessions that are part of the Lending + Credit Risk track at the conference, hosted by Abrigo Sept. Stay Up-to-Date On Lending Best Practices. Some financial institutions, such as Vision Bank, have taken steps to speed lending decisions by automating steps of the process.
PYMNTS
APRIL 23, 2020
The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. Citizens Bank Of Edmond. Fresno First Bank. Funding Xchange, Experian. In the U.K.,
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PYMNTS
SEPTEMBER 17, 2019
While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.
Abrigo
OCTOBER 21, 2019
Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t “one-size-fits-all.”
CFPB Monitor
AUGUST 7, 2019
In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” Oklahoma Department of Consumer Credit. Maryland Office of the Commissioner for Financial Regulation.
PYMNTS
JUNE 27, 2019
For instance, for the small business, turning toward the community for investment not only means access to capital, but supports marketing and customer acquisition. “Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said.
Independent Banker
OCTOBER 14, 2014
Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. I still do a lot of lending myself,” Michelotti says. The impetus for starting a robust mortgage website “was convenience for our customers,” explains Zehireta Avdic, marketing officer for the $1 billion-asset community bank.
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