PYMNTS

FEBRUARY 29, 2016

Moody’s is moving a bit closer to the world of small business lending. For Moody’s, the acquisition means it can offer its clients a broader, more robust tool in the field of credit risk management, strengthening its position, particularly for small business lenders. 25) that it reached a deal to acquire a share of Finagraph.

Lending 100

Lending Risk Management Analytics Analysis 100

CFPB Monitor

JUNE 15, 2015

The CFPB has announced that its FY 2014 service contract inventory is available for public viewing. The inventory provides information on service contracts over $25,000 funded by the CFPB in FY 2014. These obligations represented, respectively, 18.96% and 16.84% of the CFPB’s total FY 2014 obligations. ” .”

Analysis 60

Analysis Study Analytics Lending 60

PYMNTS

MARCH 14, 2018

challenger bank Tandem has acquired Pariti, a money management app that has collected 95,000 users. Founded in 2014 by Ford, London-based Pariti is a mobile app that has access to your existing bank accounts. In addition, Pariti also has integrations with lending FinTechs Zopa and Lendable. banking market.

Management 100

Management Lending Fintech Data 100

PYMNTS

JANUARY 6, 2017

-based startup company that operates an online lending platform, has received an investment of £40 million from British Business Bank, the state-owned bank, but the money comes with strings. According to a report , Funding Circle has to use the funds to lend to small businesses.

Lending 100

Lending Report Operations Online 100

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.” He was far from alone.

Lending 100

Lending Capital Compliance Operations 100

PYMNTS

JANUARY 15, 2021

Ant, spun off from Alibaba in 2014, was set to list on the Shanghai and Hong Kong stock exchanges in November until regulators stepped in and suddenly pulled the plug. . The company's finance platform, Alipay, has reams of data on users' spending, borrowing and lending habits and histories.

Regulation 158

Regulation Groups Operations Lending 158

PYMNTS

APRIL 25, 2018

Capital One logged stronger than expected results when it posted its earnings yesterday — the growth was driven largely by rising interest rates and an uptick in its largest lending categories, cars and cards. We tightly managed costs even as we continue to invest to grow and to drive our digital transformation.

Capital 100

Capital Lending Cards Taxes 100

Abrigo

NOVEMBER 17, 2014

In the 2014 J.D. Power Small Business Banking Satisfaction Study , small business owners indicated that a key component of a positive banking experience is the relationship they have with their account manager. The survey was released on October 28, 2014, and polled business owners from across the country.

Survey 223

Survey Lending Study Management 223

PYMNTS

NOVEMBER 12, 2020

In 2014, then-CFO John Shrewsberry told investors at a conference that the bank was looking to add to its private-label credit card business. Bloomberg said the bank had been gauging interest in its $607 billion asset manager unit and $10 billion student loan portfolio. percent in 2019 and its share of borrowings at 3.63

Cards 285

Cards Conference Groups Report 285

Jack Henry

JUNE 3, 2015

According to the Commercial Finance Association’s annual survey, asset based lending (excluding factoring) commitments rose to $216 billion by the end of 2014, with funded balances reaching $90 billion. During a year that saw a return to commercial real estate lending for many, working capital lines were also clearly a factor.

Lending 60

Lending Capital Survey Trends 60

CFPB Monitor

MAY 3, 2016

The CFPB has issued a report covering its fair lending activities during 2015. The report states that in 2015, CFPB fair lending supervisory and public enforcement actions required institutions to provide approximately $108 million in remediation. Much of the information contained in the report was the subject of previous blog posts.

Lending 60

Lending Report Compliance Meeting 60

Jeff For Banks

DECEMBER 18, 2014

through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. It also has a national platform of specialized finance units in homeowners'' associations, public finance, resort finance, and warehouse lending. Well done! #3. BNCCORP, Inc.

North Dakota 93

North Dakota Arizona Minnesota Los Angeles 93

CFPB Monitor

NOVEMBER 3, 2014

Klein The Federal Reserve Board indicated it is scrutinizing mortgage loan pricing models that comply with Regulation Z but nonetheless, in the view of the Board, significantly increase fair lending risk. Fair Lending Mortgages disparate impact LO Comp Rule mortgage lending origination' The Inclusive Communities Project, Inc.

Lending 90

Lending Community Regulation Texas 90

PYMNTS

DECEMBER 9, 2019

Founded in 2014 by former Allied Irish Banks COO Anne Boden, Starling Bank committed to execute almost £1 billion ($1.3 The challenger bank offers digital, branchless banking via an app, and features savings and money management tools. billion USD) in loans.

Tools 132

Tools Lending Resources Digital Banking 132

Gonzobanker

NOVEMBER 18, 2014

So, isn’t retail delivery about consumer lending? SurePayroll, a division of Paychex, had a nice payroll solution that cash management groups can private-label and provide to business customers. Where is the digital engagement energy? Online delivery? Two jumped out.

Chicago 98

Chicago Retail Branch Design Training 98

PYMNTS

SEPTEMBER 12, 2016

Alternative lending has been popular among venture capitalists, but France may not come to mind when one considers the top alt-fin markets of the world. The French alternative lending startup announced a $2.8 million investment round secured from NewAlpha Asset Management, reports said on Friday (Sept. million) raised. .”

Lending 100

Lending Analysis Capital National 100

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. The Hong Kong sale is being managed by Citigroup, China International Capital Corp.,

Security 134

Security Groups Payments Regulation 134

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Vintage also owns rent-to-own operation Buddy’s Home Furnishings.

Lending 103

Lending United States America Industry 103

Abrigo

JULY 9, 2015

The report, based on data through the end of 2014, discusses risks facing national banks and federal savings associations, and focuses on issues that pose threats to the safety and soundness of those OCC-regulated institutions. For example, net income declined 4 percent year over year. percent versus a 3.5

Maine 150

Maine Policies Survey Lending 150

PYMNTS

SEPTEMBER 16, 2019

13) that Sachan confirmed plans to leave the company he helped found, and will go on to focus on investment management. Sachan co-founded Lendingkart in 2014 alongside Harshvardhan Lunia, who serves as the firm’s CEO. YourStory reports said Friday (Sept.

US 148

US Operations Management Report 148

PYMNTS

NOVEMBER 5, 2018

It marked the third time that Ant had a quarterly loss since its unit’s result was disclosed by Alibaba in the early part of 2014. As Ant expands its footprint into wealth management, consumer lending and overseas markets, it has posted a 65 percent leap in profits this fiscal year. It posted 9.18

Taxes 134

Taxes Lending Operations Marketing 134

FICO

NOVEMBER 22, 2018

In this post, I will share analysis that shows why using account management scores is equally important. The Account Management score rates the risk of an existing customer, and supports portfolio management strategies throughout the customer management lifecycle, including credit line management.

Management 45

Management Analysis Strategy Trends 45

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Online Lending. After a one-week hiatus, Lending Club finds its way back onto the Fizzle list. Fizzle and fail.

Lending 100

Lending Apple Cards Study 100

Abrigo

JUNE 22, 2015

On June 18th, the board of the National Credit Union Administration (NCUA) unanimously approved five items , including a proposed rule aimed at modernizing member business lending (MBL). Small business lending at credit unions has continued to increase over the last several years. billion in 2014 from only $13.4 billion in 2004.

Lending 150

Lending Regulation Policies Meeting 150

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

Abrigo

JANUARY 13, 2015

During an October 2014 NCUA examination of Palm Springs Federal Credit Union (FCU), a confidential flash drive went missing. In fact, as of Q3 2014, 43% of companies suffered from a data breach in the past year according to a report from the Ponemon Institute – an increase of 10% over the previous year. Blog Bank Credit Union'

Lending 150

Lending Regulation Data How To 150

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. Additionally, LendingClub’s stock has lost 88 percent of its value since its 2014 IPO.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

OCTOBER 1, 2019

Consumer, enterprise and SMB lending all ground to a near halt and underwriters across the spectrum struggled to regain equilibrium after a crisis in mortgage underwriting bloomed into a plague that destabilized the entire global economic system. The rising tide, it seemed, was lifting all boats. topped the number of ones that closed.

Data 135

Data Lending Capital Regulation 135

PYMNTS

APRIL 2, 2018

The bank offers corporate banking, retail banking, treasury management, capital markets, credit cards and wealth management services in a range of consumer and corporate offerings. In February, alternative lending company TruFin, based in the U.K., An F-1 registration statement revealed the bank’s plans for an IPO in the U.S.,

US 112

US Capital Regional Analysis 112

Abrigo

AUGUST 28, 2022

Develop better ag lending workflows before demand picks up. A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. Takeaway 1 Now is the time to plant the seeds for harvesting growth in the ag loan portfolio by creating a better ag lending process.

Lending 195

Lending Analysis System Data 195

PYMNTS

AUGUST 19, 2019

The funds will be used to expand the company’s lending base, build technology and boost analytics capabilities. Launched in 2014 by Harshvardhan Lunia and Mukul Sachan, Lendingkart offers loans to micro, small and medium-sized businesses, issuing more than 60,000 loans to more than 55,000 SMBs in 1,300 cities across India so far.

Security 116

Security Maine Analytics Groups 116

PYMNTS

JUNE 28, 2016

Scott and the management team have demonstrated they can lead LendingClub through this turbulent time,” Hans Morris, who was named the company’s chairman, said in the statement. Lending Club is set to hold an annual shareholders meeting Tuesday (July 5th) after postponing the event three weeks ago.

Lending 101

Lending Maine Meeting Management 101

Abrigo

FEBRUARY 2, 2015

Risk management issues were also a high-ranking hurdle to growing banks, with 26 percent calling it a concern for 2015. The ICBA’s 2014 Community Bank Lending Survey suggests the shift is coming in the form of less consumer lending. The cost of compliance in these areas are also high for community bankers.

Community Bank 150

Community Bank Community Regulation Survey 150

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

Celent Banking

NOVEMBER 17, 2015

In the US, small business customers get bounced around like Goldilocks—they are too small to be of interest to commercial relationship managers and too complex to be easily understood by retail branch staff. Online small business lending by direct credit providers has especially taken off. of all firms.

Report 100

Report FDIC Lending Fintech 100

PYMNTS

JANUARY 12, 2020

They want insurance, lending, investment opportunities and multiple products,” said Narayanan, epiFi CEO. India started building a national digital financial infrastructure when the number of Indians with bank accounts reached 53 percent in 2014, up from 35 percent in 2000. billion citizens outside the financial system. .

Google 101

Google Capital Millennials Digital Banking 101