PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). In fact, since 2015, just six U.S.-listed listed technology companies have raised that much or more. Sources also said that GreenSky could attempt to raise $1 billion, which would be a rare feat.

Lending 116

Lending Fintech Atlanta Capital 116

Bank Innovation

FEBRUARY 16, 2017

It seems like all the players in the marketplace lending space felt the cloud of uncertainty that surrounded the industry last year. The platform brings real estate to the marketplace lending space, opening up a previously inaccessible asset class to investors. Launched in November 2015, PeerStreet has been Read More.

Lending 279

Lending Marketing Industry Online 279

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. And disrupt Lending Club did, with its marketplace lending model, scores of imitators in the U.S.

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

NOVEMBER 3, 2017

Citizens Bank is enhancing its small and medium-sized business (SMB) lending offering by digitizing the loan application process, according to a press release published by the financial institution (FI) on Thursday (Nov. Fundation struck an earlier partnership with Citizens to launch the SpeciFi solution, a digital advisory service.

Lending 100

Lending Online Meeting Fintech 100

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 91

Analytics Lending Fintech Leadership 91

PYMNTS

JUNE 6, 2018

Alternative lending platform BlueVine has announced its latest investment to the tune of $60 million. We’re building a cutting edge, technology-enabled platform that is helping thousands of [SMBs] get quick access to funds to address their everyday funding needs.

Lending 131

Lending Capital Fintech US 131

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

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

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 talk that alternative finance is dead. Well, in the U.S.,

Lending 100

Lending US Capital Report 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. Our expertise in FinTech and alternative lending at an international level will also help to reduce credit risks,” added Oleg Jelezko, managing partner at Da Vinci Capital.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

FEBRUARY 7, 2017

Plaid Technologies, a startup that helps FinTechs like Venmo and Lending Club access their customers’ bank accounts, has raised $44 million in a Series B round of venture capital funding. According to a report , the venture units of Citi and Amex took part in the latest round of fundraising.

Technology 100

Technology Tools Fintech Analytics 100

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

CFPB Monitor

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

Lending 60

Lending Fintech California Survey 60

CFPB Monitor

APRIL 15, 2016

The interest of federal regulators in marketplace lending continues to grow. In July 2015, the Treasury Department issued a request for information regarding online marketplace lending and, in February 2016, the FDIC published an article highlighting the risks for banks that partner with marketplace lenders. .

Lending 60

Lending FDIC Washington Financial Technology 60

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

Gonzobanker

MAY 9, 2017

Is automation a missing link to a more productive and profitable commercial lending department? The 2015 Cornerstone Performance Report found significant reductions among mid-size banks in both monthly loans originated and outstandings per commercial lending full-time equivalent employee.

Lending 81

Lending Analytics Data United States 81

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

PYMNTS

JULY 18, 2016

Lending Club continued to prove there is almost always more to the story, American Express announced a surprise collaboration with Airbnb and PayPal pushed harder into B2B payments. Lending Club’s Latest Bad News. The last several weeks of news for Lending Club suggest that there’s a little of both to be had here.

Lending 100

Lending Payments Metro Cards 100

PYMNTS

APRIL 10, 2017

But while optimism may be up, plans to hire new staff, boost marketing, or invest in new technology aren’t, with the majority of SMEs saying they have no plans to do any of this in the next six to 12 months. The AFP’s newest report found 75 percent of companies fell victim to payments fraud in 2016, up from 71 percent in 2015.

Fraud 100

Fraud Lending Mobile Payments 100

CFPB Monitor

NOVEMBER 5, 2015

In its Fall 2015 Supervisory Highlights , which covers supervision work generally completed between May and August 2015, the CFPB highlights legal violations resolved using non-public supervisory actions involving consumer reporting, debt collection, student loan servicing, and mortgage origination and servicing.

Report 60

Report Policies Compliance Regulation 60

Abrigo

OCTOBER 14, 2022

King recommends more staff training on loan modifications and workouts, particularly for banking staff that came on board after 2015 and may not have any experience with loan modifications. Lending & Credit Risk. Lending & Credit Risk. Technology adoption: The “people” side of change. CRE Lending.

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

APRIL 18, 2017

Misys, a financial technology company that enables banks to integrate new tools, is guiding the State Bank of India to an upgraded trade finance service. Earlier this year Misys launched another solution for banks, this time focusing on lending. Meanwhile, the State Bank of India has made separate efforts to upgrade its services.

Lending 100

Lending Tools Financial Technology Operations 100

Independent Banker

NOVEMBER 30, 2021

La Plata County commissioner Marsha Porter-Norton champions First Southwest Bank’s innovative lending. First Southwest Bank is carving out new business models to address a need for credit and financial services through nonprofit lending programs and software that leverages its community development financial institution (CDFI) funding.

Colorado 119

Colorado Community Bank Community New Mexico 119

CFPB Monitor

AUGUST 13, 2020

The Fed article also focused on consumer finance companies, commenting that their heavy concentration on personal cash loans makes such companies particularly useful for studying the costs of consumer lending.

Study 148

Study Survey National Analysis 148

PYMNTS

DECEMBER 19, 2019

ZestMoney was founded in 2015 by Chapman, Priya Sharma and Ashish Anantharaman in 2015. The app-based platform uses mobile technology and artificial intelligence (AI) to partner with over 3,000 merchants, up from roughly 800 in late April. . The platform fills the banking void and gives people digital access to credit and loans.

Fintech 130

Fintech Millennials Online Lending 130

PYMNTS

FEBRUARY 11, 2019

Since its launch in 2015, OakNorth has lent more than $3.7 This new financing will be used to launch OakNorth’s lending operations in the U.S. “We The technology is currently being used by institutions in Asia, North America and Europe. billion to U.K. businesses without a single default or late payment.

US 134

US Lending Analytics America 134

PYMNTS

JULY 28, 2020

FinTech Revolut is working with Decision Tech , a price-comparison technology company, to launch a new service to help users compare — and switch — providers of gas, electricity, broadband, mobile and TV. Davies is leaving to take over Allica Bank, which specializes in lending to businesses. according to an emailed release.

Comparison 141

Comparison San Francisco Fintech Groups 141

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 Last year, analysts found the EU’s alternative lending market to have doubled its valuation compared to 2014 levels.

Lending 100

Lending Analysis Capital National 100

PYMNTS

DECEMBER 7, 2018

In its announcement, KPMG noted the tool is a mix of automated technology and human service and support to personalize services for SMB users, as well as a mix of accounting and bookkeeping capabilities with tax services. In 2016 KPMG targeted small businesses again through a deal with alternative small business lending firm Funding Xchange.

Taxes 147

Taxes Compliance Tools America 147

PYMNTS

DECEMBER 23, 2019

However, an increased emphasis on members’ emotions does not mean that CUs are falling behind technologically. Credit union service organization (CUSO) CULedger is partnering with digital credential provider Autonomous Lending to offer next-gen digital credentials to its partner CUs. The CUs were able to eliminate more than $2.5

Data 131

Data Lending Michigan Regulation 131

PYMNTS

SEPTEMBER 14, 2017

In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. Some of the more prominent names in the marketplaces lending space include OnDeck, Kabbage and Orion First.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

DECEMBER 15, 2019

VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis. The main goal of the project is to widen the bank’s understanding of the eKrona’s technological potential.

Bitcoin 133

Bitcoin blockchain Regulation social media 133

PYMNTS

MARCH 21, 2019

who simply don’t have access to safe lending and are susceptible to predatory lenders. We are proud to have worked with Varadero on two-thirds of our social bond issuances since 2015,” said Gutierrez. Aura said there are millions of working families in the U.S.

Arizona 107

Arizona Illinois Community Capital 107

PYMNTS

AUGUST 30, 2016

Payments technology firm Paytm is headed for a big payday, according to unnamed sources. The mobile payments firm now offers an eCommerce platform and small business lending services. Inc42 reported on Monday (Aug. 29) that the India-based firm, recently valued at about $2.3

Capital 100

Capital Lending Operations Digital Banking 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. Researchers agreed that this shows a continually high level of interest in the financial technology and innovation space among investors, despite the overall drop in VC funding.

Strategy 100

Strategy Lending Capital America 100

Gonzobanker

JUNE 8, 2017

Bankers are struggling with their vendors more than at any time in the past, and this pain has increased just when technology has become the most important strategic challenge in our industry. The BIT is the talent that holds together the alignment between the bank’s strategy and its technology and analytic capabilities.

Technology 60

Technology System Analytics Software 60

Bank Innovation

AUGUST 12, 2016

Citi Fintech launched in the fall of 2015 to build the bank of the future, but it has yet to release a product. USAA announced today that Citi Fintech CEO Heather Cox was joining the bank as chief technology and digital officer, a new Read More. Now Citigroup‘s innovation unit has lost its CEO.

Fintech 150

Fintech Innovation Technology social media 150