PYMNTS

JUNE 29, 2018

As Amazon presses further into China to compete with rivals like Alibaba , a job posting on the Amazon website may have just revealed plans for the eCommerce conglomerate to extend its small business lending program into the country. Amazon first began lending to small businesses in 2015, beginning with the U.S., Japan and U.K.

Lending 109

Lending Operations Cards Report 109

PYMNTS

OCTOBER 16, 2018

OnDeck Capital has created a unit that will provide technology and services for banks lending to small businesses over the internet. Reuters , citing the company, reported the new company will be called ODX and will expand its business, in which it provides lending software to banks.

Lending 108

Lending Online Conference Software 108

PYMNTS

DECEMBER 11, 2019

Qwil, which is based in San Francisco, said it was going to use the funding to expand, and hire new employees, while increasing the breadth of the people and businesses it lends to. CEO Johnny Reinsch co-founded the company in 2015. The company charges a flat fee for the advance pay, at 20 percent.

Lending 130

Lending San Francisco Groups Company 130

PYMNTS

DECEMBER 11, 2019

Qwil, which is based in San Francisco, said it was going to use the funding to expand, and hire new employees, while increasing the breadth of the people and businesses it lends to. CEO Johnny Reinsch co-founded the company in 2015. The company charges a flat fee for the advance pay, at 20 percent.

Lending 130

Lending San Francisco Groups Company 130

PYMNTS

OCTOBER 11, 2017

Small business (SMB) lending is big business for community banks , which are a popular destination for small business borrowers, thanks to strong approval rates on loan applications. But new analysis from the Federal Reserve has identified a reversal in community banks’ position in the small business lending market.

Community Bank 108

Community Bank Community Lending Survey 108

Abrigo

JANUARY 13, 2015

Enhanced data security measures aren’t the only new rules being considered by the NCUA in 2015. Matz recently stated that a revised risk-based capital rule will be proposed, as well a fixed assets rule that would require the use of a fixed-asset management plan by credit unions. Mark McWatters , NCUA Board Member.

Lending 150

Lending Regulation Data How To 150

PYMNTS

DECEMBER 12, 2017

Demand for corporate finance helped propel China’s banks to new lending records in November, according to news from Reuters on Monday (Dec. Last month, Chinese authorities introduced new rules for the asset management industry as part of this effort, reports said. Chinese banks provided $169.27

Lending 100

Lending New York Regulation Survey 100

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

Abrigo

FEBRUARY 16, 2016

Financial institutions considering lending to nonprofits may want to be aware of these recent financial trends, as well as some of the ways lending to these organizations might differ from lending to for-profit businesses. Here are two mistakes to avoid when lending to nonprofits , according to the firm: 1.

Analysis 150

Analysis Lending Community Bank Community 150

Gonzobanker

DECEMBER 4, 2019

Q2’s acquisition follows many years of paced, organic growth in consumer and business digital banking and a string of acquisitions including digital deposit origination specialist Gro Solutions and loan/lease origination system provider Cloud Lending. Lending is a great area of a bank for analytics to grow from naturally. Meridianlink.

Analytics 100

Analytics Lending Fintech Leadership 100

Abrigo

SEPTEMBER 16, 2015

Member business lending (MBL) has been a hot topic in the financial services community this summer, particularly as the industry awaits finalization of the NCUA’s rule changes. More than 78 percent of credit unions with more than $100 million in total assets offered MBL to their members for the same period of 2015.

Lending 150

Lending New York City New York Strategy 150

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 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

AUGUST 8, 2017

such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan. But it was something the firm was able to survive — mostly due to a strong background in FinTech, where “the first thing you learn is asset liability management.”.

Lending 105

Lending Capital Fintech Marketing 105

Abrigo

JUNE 2, 2015

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. In a recent article from Credit Union Times , 71 million consumers had an auto loan in the first quarter of 2015, the most since the recession and an increase of 1.2

Lending 150

Lending San Antonio CA Sacramento 150

CFPB Monitor

OCTOBER 4, 2022

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area).

New Jersey 147

New Jersey Lending Community National 147

South State Correspondent

NOVEMBER 19, 2014

Banks all understand interest rate risk, so understanding how hedging managing risk is an easy one. This issue is compounded by the fact that these very banks mostly have loan growth for 2015 exceeding GDP (3%) which would indicate faster than expected expansion and indicates higher than expected rates.'

Lending 191

Lending Management 191

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

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. Following a three-year study on predatory lending, the U.S. Department of Defense has now issued the final rule to implement the Military Lending Act. 1, 2015, and compliance with the rule is required by Oct. By Mary Thorson Wright. 3, 2016, compliance date.

Lending 70

Lending Compliance Regulation Virginia 70

PYMNTS

JUNE 20, 2016

Let’s talk about money management. This week’s B2B Data Digest focuses on the flux and flow of managing cash. Examine the latest research to grasp just how cumbersome modern cash management can be. $3 For businesses, it can be difficult to obtain a clear vision of finances and cash positions. 73% of U.K. 60% of U.K.

Management 104

Management Bitcoin Survey Report 104

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. Banks are certainly not playing hide and seek with P2P lending. Regulation is an important issue for banks to get into P2P lending and depending the country, there may be restrictions.

Maine 100

Maine Lending Regulation Risk Management 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

Abrigo

MARCH 23, 2016

bankers expect to lend more to businesses in 2016, and as they expand their commercial lending, some financial institutions may seek to better manage their loan portfolios and lending-related risks using loan portfolio management software. A recent survey by Sageworks found that U.S. 29 and Feb.

Software 150

Software Risk Management Lending Survey 150

PYMNTS

JUNE 28, 2016

As more loans that expected went bad in the fall of 2015, investor/loan buyers started backing away – making it harder to attract desirable borrowers, making it harder to attract investor/lenders. Marketplace lending, in short, did not need more fireworks. The market for marketplace lending in the U.K, freedom of motion.

Lending 100

Lending National Marketing Online 100

PYMNTS

JUNE 13, 2016

CurrentC has announced its curtain call, Uber moved to sweeten the deal for its drivers and Lending Club proved the firm is far from out of surprises. By the time Walmart Pay was announced late in 2015, the writing was more than on the wall. CurrentC did manage to roll out into the testing phase in some locations.

Lending 100

Lending Columbus Mobile Cards 100

ABA Community Banking

NOVEMBER 6, 2015

Top civil rights official draws link between 2015 civil unrest and credit availability Management Compliance Fair Lending.

Lending 40

Lending Compliance Management 40

CB Insights

MARCH 14, 2016

Download the free 85-page Pulse of FinTech Report: 2015 Year In Review. Spanning wealth management, savings, lending, payments, remittances and more, fintech funding and deals hit a new record high in 2015, according to the inaugural KPMG and CB Insights Pulse of … Continued.

Fintech 28

Fintech Lending Management Report 28

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

FEBRUARY 27, 2018

are borrowing at their lowest rate since 2015, citing data from lobby group U.K. Lending to non-financial businesses declined 1.4 Finance Managing Director Eric Leenders. corporates staying net neutral,” said Tobias Miarka, the Greenwich managing director who, according to the report at the time, wrote the study.

Lending 108

Lending Study Data Report 108

PYMNTS

DECEMBER 19, 2019

ZestMoney was founded in 2015 by Chapman, Priya Sharma and Ashish Anantharaman in 2015. Japan’s Credit Saison, affiliated with Mizuho Financial Group, has extended $100 million in digital lending. “We Because loan profit margins are thin, the door is open for banking alternatives to serve India’s 300-plus million households.

Fintech 130

Fintech Millennials Online Lending 130

Bank Innovation

FEBRUARY 23, 2020

billion continues to fuel speculation about the future of data aggregator Yodlee, which Envestnet acquired in 2015 for $590 million. The impact of Visa’s Plaid acquisition for $5.3 At issue is whether Envestnet is exploring options for Yodlee, including a possible sale.

Data 243

Data Report Innovation Strategies Strategy 243

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

MARCH 21, 2019

who simply don’t have access to safe lending and are susceptible to predatory lenders. We have been investing with Aura for the past four years because we strongly believe in the company’s mission and credit culture,” said Fernando Guerrero, Managing Partner and Chief Investment Officer of Varadero Capital.

Arizona 107

Arizona Illinois Community Capital 107

PYMNTS

AUGUST 4, 2016

Square managed to redeem its disappointing Q1 performance with healthier Q2 earnings. But the company’s growing client base of more profitable and established firms imply a sustainable business model while Square Capital increases lending services to SMBs and plans an expansion into traditional loans.

Data 100

Data Lending Capital Online 100

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. and Europe dominated in 2015. A 53% CAGR for the online SME lending industry is sure to be welcome news for small business borrowers. 83% of U.S.

Strategy 100

Strategy Lending Capital America 100

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

PYMNTS

JULY 27, 2020

Davies is leaving Revolut to take over the Allica Bank, which specializes in lending to businesses, according to the FT. Revolut was launched in 2015 by issuing prepaid debit cards that let customers conduct transactions in multiple currencies without incurring additional fees. The company recently expanded into the United States.

United States 140

United States Leadership Risk Management California 140