February, 2022

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How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . Takeaway 1 Many banks and credit unions want to win more business loans but will face higher rates and more competitors. Lenders Easing Terms.

Lending 195
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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. and a trailblazer in the world of banking as a service (BaaS). The difference could be seen in what alpha bankers bragged about.

Fintech 167
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Leveraging Automated Underwriting for Small Business Lending

Abrigo

Takeaway 1 Financial institutions are using small business loans as a source of growth and this trend will continue. . Market Trend. Furthermore, given the rise of fintech firms chasing the SMB segment, borrowers have alternative sources of funding. Small business lending is a focus. Small business lending is a focus.

Lending 195
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How Small Banks Can Counter Fintech & Megabank Marketing Budgets

The Financial Brand

Analytics and first-party data can help reverse the trend. The post How Small Banks Can Counter Fintech & Megabank Marketing Budgets appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Community institutions are losing share among Millennial and Gen Z segments.

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The single platform for getting into competitive shape

BankInovation

Not that long ago, it was banks acquiring fintechs. Now, a fintech has bought a bank: BM Technologies plans to buy Seattle’s First Sound Bank for $23 million. Whether this is the start of a major trend depends on the resilience of financial institutions.

Trends 98