PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

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

JUNE 4, 2019

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Last month, the government took control of a struggling regional bank, Baoshang Bank, marking the first such event in more than two decades.

Regional 100

Regional Community Bank Community Policies 100

PYMNTS

AUGUST 12, 2019

One area of impact is small business finance and lending, with small businesses and lenders seeing a slowdown in demand. Small business lending platform Funding Circle commented on this effect in its latest earnings data, noting that there has been “some deterioration” in its higher-risk small business loan bands in the U.K.

Lending 144

Lending US Capital Data 144

PYMNTS

SEPTEMBER 22, 2020

In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services. Paya To Purchase Utility Payments Processor, The Payment Group.

Groups 156

Groups Payments Texas Community 156

PYMNTS

SEPTEMBER 25, 2017

Australia is now the Asia Pacific region’s second-largest alternative finance market, largely due to a favorable regulatory climate, according to new KPMG analysis. The Australian market is quickly becoming a hotbed of alternative lending , and new analysis from KPMG suggests it has risen up in the ranks.

Lending 100

Lending Regional Analysis Survey 100

PYMNTS

MAY 10, 2016

The only way to predict what the emerging payments trends are for today is to seek out the one group of people who has the power to control the entire market: consumers. But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. How Emerging Payments Stacked Up.

Regional 100

Regional Payments Study Cards 100

PYMNTS

FEBRUARY 13, 2020

11), Visa executives laid out a roadmap to displacing cash and checks across the global stage, digitizing payments through click to pay, tap to pay, digital wallets and cross-border flows – along with capturing a sizable slice of B2B spend, too. Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending.

Payments 163

Payments Regional America Cards 163

PYMNTS

APRIL 29, 2020

In today’s top news, WhatsApp is considering offering credit and lending to users in India, and the Bureau of Economic Analysis estimated that GDP dropped 4.8 Plus, the Federal Reserve is asking banks for advice on its new Main Street lending program. Fed Turns To Banks For Feedback On Main Street Lending Program.

Lending 130

Lending Payments Maine Analysis 130

PYMNTS

MARCH 19, 2019

However, while regulators are happy to see shadow lending fade, the sector’s main borrowers — private companies — are feeling the strain. Private firms rely on shadow lending, since state-owned banks favor lending to government-controlled companies. Of those defaults, private groups comprised more than ¥16 billion.

Lending 100

Lending Regulation Maine Regional 100

PYMNTS

NOVEMBER 27, 2017

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 60 percent | Portion of Singapore’s national spend done through payment cards. As an added fun fact, the average Singaporean citizen has between two and six payment cards in his or her wallet.

Lending 100

Lending social media Data Cards 100

Abrigo

DECEMBER 18, 2023

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. Despite lending £6.7

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

MARCH 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. to help bailing out their SMB customers, with some regional financial institutions (FIs) already taking action. Fed Calls On Small Banks.

Payments 173

Payments Pennsylvania Kansas City Wyoming 173

PYMNTS

SEPTEMBER 12, 2018

In its monthly Small Business Lending Index, released Tuesday (Sept. When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement.

Lending 102

Lending Community Bank Taxes Community 102

PYMNTS

OCTOBER 23, 2017

Earlier this year, Italy initiated its largest bank bailout in its history when it committed up to $19 billion to save two failing regional banks, Banca Popoalare di Vicenza SpA and Veneto Banca SpA. 20), the ongoing struggles of those FIs is putting as many as 40,000 small and medium-sized businesses (SMBs) in the region in jeopardy.

Regional 108

Regional Capital Report Payments 108

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

FEBRUARY 8, 2018

Small business hiring may have petered out in January, but lending to SMBs certainly didn’t. The latest Biz2Credit Small Business Lending Index found SMB lending among large financial institutions (FIs) continued to climb, reaching a 25.3 percent approval rate in January.

Lending 108

Lending Taxes Regional Analysis 108

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., Deloitte, Unqork, Plaid Debut Lending-as-a-Service Tool. ” Plaid Unlocks Payroll Data to Support PPP Lending. .”

Data 167

Data Lending Regional Fintech 167

PYMNTS

DECEMBER 28, 2020

I mean, throughout the Latin American region that has happened, but it has been massive in Brazil. Consumers in Brazil, he said, have also found a love of contactless payments. But the fondness they’ve picked up for using contactless payment methods and shopping digitally isn’t going to simply evaporate.

Lending 220

Lending Data Marketing Regional 220

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

MAY 2, 2017

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

APRIL 30, 2020

Some are more exposed to credit card debt and lending to oil and gas companies. banks have stopped lending as much to European businesses as well, showing the home bias that is expected during a financial crisis. Many European banks have reduced lending to oil and gas companies, though. However, U.S. billion for the effort.

Lending 188

Lending Comparison Regional Capital 188

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s no doubt about it: Alternative lending had a stellar week.

Lending 100

Lending US Capital Report 100

Let's Talk Payments

JUNE 17, 2019

In region-specific terms, the Americas dominated global FinTech VC funding in May with 68.8% The United Kingdom was a distant second with a 12.1% ($325.4 million) contribution, with Canada and Mexico contributing 4.3% ($117.5 million) and 3.9% ($105.5 million) respectively. in contributions in terms of funding value ($1.84 billion) and 35.5%

Fintech 101

Fintech Lending Regional America 101

PYMNTS

APRIL 28, 2016

The new idea being floated involves classifying marketplace lenders, who operate online and also offer smaller loans with set payments, as installment lenders that are under the CFPB’s jurisdiction and regulations. The CFPB has been pursuing this quietly for some time.

Lending 100

Lending Chicago Regulation Regional 100

Abrigo

DECEMBER 1, 2020

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

South State Correspondent

MAY 3, 2023

It is not surprising that most homeowners and commercial borrowers want payment certainty, and FRB’s mortgage portfolio demonstrates long duration, which is not matched by its shorter repricing and withdrawable deposits. In fact, we had a conversation just last week with the head of a lending division at a large regional bank.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

It is not surprising that most homeowners and commercial borrowers want payment certainty, and FRB’s mortgage portfolio demonstrates long duration, which is not matched by its shorter repricing and withdrawable deposits. In fact, we had a conversation just last week with the head of a lending division at a large regional bank.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

It is not surprising that most homeowners and commercial borrowers want payment certainty, and FRB’s mortgage portfolio demonstrates long duration, which is not matched by its shorter repricing and withdrawable deposits. In fact, we had a conversation just last week with the head of a lending division at a large regional bank.

Lending 195

Lending Capital Management Tools 195

PYMNTS

AUGUST 12, 2016

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. In the U.K.,

Lending 100

Lending Comparison Industry Innovation 100

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Alternative Lending. India’s alternative lending industry scored yet another win this week with a nearly $25 million investment from Morgan Stanley Private Equity Asia. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Oxbury, ClearBank Pair for Payments. payment schemes. Faster Payments scheme.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

MARCH 31, 2020

With the investment, MatchMove, which is also based in Singapore, will be able to extend its “banking-as-a-service” wallet capability to Shopmatic’s ecosystem spanning over 435,000 eCommerce small and medium-sized businesses (SMBs) and individual entrepreneurs across the region.

Fintech 168

Fintech Regional Security Lending 168

Payments Source

JULY 26, 2017

The new Explore Visa card is seen as a "bridge" to more traditional banking services, said Regions' head of retail products and payments.

Regional 61

Regional Cards Security Retail 61

Payments Source

JANUARY 30, 2020

TBI Bank is an early regional adopter of a program that allows SEPA instant faster payments for digital lending clients.

Regional 92

Regional Lending Payments 92