PYMNTS

NOVEMBER 16, 2018

Small business credit analysis company PayNet is linking up with a community bank to streamline SMB lending for the institution. In another statement, BNB Bank EVP and Chief Lending Officer Kevin L. ” Analysis has also found that community banks are playing a larger role in small business lending. .”

Community Bank 134

Community Bank Community Lending Analysis 134

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Lending & Credit Risk. keep me informed. Whitepaper. Asset/Liability.

Community 195

Community Lending Maine Resources 195

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. Merely adopting digital technologies does not solve for efficiency problems, Prasad noted. Such entities in India were granted relief on Jan.

Video 175

Video Capital Lending Security 175

PYMNTS

JUNE 21, 2019

Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. The company is known as the “lending club of China.” The company has raised $549 million over seven funding rounds since the end of 2013.

Lending 100

Lending Capital Maine Groups 100

PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent technological platforms, boons and risks are afoot. In Italy and Australia, said the report, invoice trading dominates.

Fintech 172

Fintech Lending United States Regulation 172

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Look at technology companies.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

SEPTEMBER 9, 2019

Goldman Sachs Group is giving a $100 million loan to Konfio, marking the first time the lender’s structured finance, investment and lending business has provided a credit facility to a Latin American FinTech. Konfio’s technology is also able to keep non-performing loans under control, with the company’s delinquency rate at 4.8

New York 123

New York Lending Conference America 123

PYMNTS

JULY 31, 2018

Founded in 2013, BlueVine is one of the leading FinTech players in online small business lending. The company’s [BlueVine] market traction to date has been impressive, and we believe their technology and talent have set them on the path for continued growth,” said M12 Partner Elliott Robinson in the report. “We

Lending 100

Lending Capital Fintech Online 100

PYMNTS

SEPTEMBER 21, 2018

The unit handles the bank’s corporate lending, M&A advisory services and capital raising operations. It has fallen from the number-two spot in the industry, which it held between 2010 and 2013. The bank’s current Asia-Pacific President Matthew Koder is slated to replace Meissner, according to reports.

America 135

America Samsung Mobile Operations 135

PYMNTS

NOVEMBER 18, 2019

That reflects a steady increase from 2013’s measure — 50 percent — and indicates that many Americans may need loans to deal with financial disruptions like medical emergencies or vehicle repairs. . Taking the Friction out of Lending. Lenders are looking to lend money because that’s how they make money,” Evans said.

Analysis 102

Analysis Lending Payments Data 102

PYMNTS

MARCH 5, 2019

Chime said proceeds from the funding will go toward growing the business and launching additional lending and credit products. We aim to set a new standard in the industry by using technology to create services that are truly aligned with the best interests of consumers.”.

Capital 116

Capital San Francisco FDIC Leadership 116

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. Business Lending & Financing. General Lending & Marketplaces. Mortgage Lending. Point-of-Sale & Personal Lending.

Fintech 78

Fintech Lending Capital Analytics 78

Bank Innovation

JUNE 29, 2016

Square Cash was launched by Square in 2013 for P2P payments. Is Citigroup going to partner with Square to offer the startup’s peer-to-peer payments service to Citi customers? That’s the implication from a recently published article in Fortune. The service is available in the U.S., and for both personal or Read More.

Payments 186

Payments Marketing Cards Innovation 186

Independent Banker

FEBRUARY 28, 2023

Derek Williams and fellow Georgia community bankers at the 2013 ICBA Washington Policy Summit, now the Capital Summit. where he stayed for 15 years, from 1998 to 2013. We lost 90-plus banks to failure in between 2008 and 2013. He achieved it at 34 years old at First Peoples Bank in Pine Mountain, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

CB Insights

MAY 8, 2018

See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. Industry policy organizations (like Coin Center) have been quick to offer educational resources around blockchain technology to legislators and regulators. THE FUTURE OF BLOCKCHAIN TECH. We’ve got patents in the space.

blockchain 75

blockchain Trends Technology cryptocurrency 75

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JUNE 17, 2016

A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest. The really interesting, though less juicy, story is what got Lending Club into trouble.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

Gonzobanker

OCTOBER 12, 2022

Much as Ally does with its car lending, Nubank optimizes a single use case to acquire customers – and then cross sells. Founded in 2013, Nubank boasts no maintenance fees and offers free and unlimited transfers and a higher interest rate than a regular savings account. Slip inside the eye of your mind. Don't you know you might find.

Fintech 97

Fintech United States Chicago Mobile 97

CFPB Monitor

MARCH 23, 2017

January 2018 will mark five years since the ability to repay/ qualified mortgage rule was finalized, as well as other key mortgage regulations, in January 2013.

Regulation 97

Regulation Lending Meeting Industry 97

CFPB Monitor

AUGUST 8, 2019

The results showed that Upstart’s model using alternative data and machine learning approved 27% more applications than a traditional lending model and yielded 16% lower average APRs. The CFPB, in its July 2019 fair lending report, discussed supervisory reviews of alternative credit scoring models.

Data 60

Data Lending Compliance Policies 60

Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

Innovation 15

Innovation Fintech Online Mobile 15

South State Correspondent

MARCH 23, 2022

It would do that by using technology, design, and data science to provide a customer experience that would generate its publicity. Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. He vowed that he could do better.

Branding 221

Branding social media Strategy Data 221

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

OCTOBER 13, 2016

Kabbage is a data and technology platform that enables real-time lending. which was added in 2013. “We We started the company initially to provide small business loans to eBay sellers through a real-time technology platform,” says Petralia. The goal of all that money is, of course, to lend to small business owners.

Regulation 100

Regulation Lending US FDIC 100

PYMNTS

AUGUST 4, 2016

With its stock value up 10 percent in after hours trading – Square has managed to please investors with losses smaller than expected, growing payments volumes and continuing signs of strength emanating from from its lending platform for small business, Square Capital. Lending’s Continue March Forward.

Lending 100

Lending Capital Payments Taxes 100

PYMNTS

OCTOBER 25, 2019

That news of the funding comes amid bigger, related changes in the larger travel and hospitality industry, changes sparked by digital and mobile technology, along with shifting consumer patterns. is a new program that has OYO partnering with Biz2Credit , a small business online lending platform. market share as this new decade looms.

Online 100

Online US Trends Operations 100

Jeff For Banks

MAY 9, 2019

If you look at the support center expenses branches must absorb for operations, technology, compliance, etc. In 2013, when the median branch deposit size in our profitability outsourcing service peer group was $47.9 In 2013, each branch had to absorb $536,000 of support center expenses per year. Same skill set. Less people.

Survey 60

Survey Community Community Bank Resources 60

FICO

JULY 15, 2022

in 1989, it meant lenders of all sizes could leverage the technology of scoring and open up credit to consumers that they might not have lent to in the past. The lending and financial services industry can provide that social good, as long as it's done in a way that is both responsible and fair. The importance of integrity.

Analytics 52

Analytics Data Lending Innovation 52

PYMNTS

NOVEMBER 16, 2017

Mary’s has since occupied the same site, constructing a new building in 1970 and replacing that structure with its current headquarters in 2013. According to Senus, the CU emphasized a “conservative approach” in its lending decisions to emerge successfully from the difficult economic environment. “We PYMNTS recently spoke with St.

Millennials 101

Millennials US New Hampshire Resources 101

Celent Banking

NOVEMBER 30, 2015

In 2013, according to a report by Accenture and CB Insights , total investment into Fintech was just less than $4 billion. Banks will need to adapt to new behavioral patterns and trends in technology. Fintech is booming. By 2014 it ballooned to more than $12 billion globally, with 750 deals.

Fintech 100

Fintech Report Innovation Trends 100

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. Evans between July 2013 and July 2014. Now such mortgage lending preliminaries are handled online. Ron Haynie, ICBA’s mortgage lending expert. Your Lending Resources.

Community Bank 70

Community Bank Lending Community Oklahoma City 70

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). IDx Technologies. Last year, VCs invested a record $9.3B

United States 78

United States Rhode Island Massachusetts Connecticut 78

CFPB Monitor

OCTOBER 14, 2015

In November 2013, the CFPB issued an Advance Notice of Proposed Rulemaking in which it solicited comments on an array of issues relating to the debt collection practices of third-party debt collectors and debt buyers as well as those of creditors collecting their own debts.

Regulation 60

Regulation Analysis System Lending 60

Fintech Labs Insights

FEBRUARY 22, 2022

Phantom Technologies. Dec 2019 round. July 2021 SPAC (proposed). Cayman Islands. Circle Internet Financial. July 2021 SPAC (proposed). Fireblocks. Jan 2022 round. Infrastructure. Nov 2021 round. Dec 2021 round. Mar 2021 round. Celsius Network. Oct 2021 round. Amber Group. June 2021 round. April 2021 round. May 2021 round. Mercado Bitcoin.

Fintech 15

Fintech Bitcoin blockchain Lending 15