PYMNTS

FEBRUARY 6, 2018

“It’s a bit like if a bank allowed depositors to interact with borrowers, and you organized that interaction around social groups to create additional loyalty to the bank,” Rockefeller said in a 2016 interview. That rate, he noted, is based on more than mutual soldier loyalty, as StreetShares has other lending requirements.

Lending 119

Lending Virginia United States Capital 119

PYMNTS

FEBRUARY 13, 2020

Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Peer-to-peer (P2P), he said, is about $20 trillion, and encompasses remittances. In the U.S.

Payments 163

Payments Regional America Cards 163

PYMNTS

MARCH 14, 2017

As small digital lending startups have recently began flourishing across China, government officials are getting ready to exert just a bit more control over them. This crackdown follows a similar move made in recent months to bring more regulatory oversight to P2P lending in China.

Lending 115

Lending Big Data Online Regulation 115

PYMNTS

OCTOBER 6, 2017

The small business loan market is oversaturated, she argued, creating a “FinTech credit bubble” that first showed signs of deflating as investors pulled out of some players like CAN Capital and LendingClub in 2016. The market is ripe for consolidation and beneficial partnerships,” Grealish wrote. Alternative Lending.

Lending 152

Lending Capital Marketing Report 152

PYMNTS

JUNE 8, 2018

It may no longer be the case that cash is king on a global stage but, in some markets (particularly developing markets, like India), it’s still doing quite well — as consumers are spending trillions of dollars’ worth of it a year. trillion : Consumer cash spend in the Asia-Pacific Region in 2016.

ATM 108

ATM Regional Branding Lending 108

PYMNTS

OCTOBER 8, 2018

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. community banks and small business lending.

United States 174

United States Regulation cryptocurrency Cleveland 174

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks with access to central bank liquidity continued or even expanded their lending. A pandemic or natural disaster can impact lending in several ways.

Lending 70

Lending Study Marketing Capital 70

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. The build-back from the revelations of 2016 was a bit more of a lengthy process.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

MAY 30, 2018

Financing of all sorts was on the downswing, and SMB owners began dipping into their own piggy banks before seeking a lending agreement. That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017. In the 10 years following the financial crisis, the U.S.

Lending 115

Lending Community Bank Survey Community 115

PYMNTS

JANUARY 23, 2017

Thanks in part to increased spending on the part of the government and record lending from banks, China’s economy grew more than the 6.8 In 2016, China’s economy expanded to 6.7 percent growth for the fourth quarter, as well as for all of 2016. percent expected in the fourth quarter. Economists polled by Reuters had expected 6.7

Regional 100

Regional Policies Lending Report 100

BankUnderground

MAY 22, 2024

Some countries restrict lending to borrowers with high debt-servicing burdens There are different metrics that measure a household’s debt-servicing burden. A previous Bank Underground post from 2016 comes to a similar conclusion. The most common one is the gross debt-servicing ratio (DSR).

Survey 55

Survey Lending Policies Analysis 55

PYMNTS

JANUARY 25, 2017

Will 2016 once again present an explosion in alt-lending transaction value? According to Robert Wardrop, executive director of the Cambridge Centre for Alternative Finance, the upcoming report on the issue will look to answer that — though the financial value of alternative lending may not be the right question to answer this year. “The

America 100

America Lending Regulation Regional 100

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

APRIL 16, 2019

The overhaul was put forth by the European Commission in November of 2016, and it mandates the amount of cash a bank has to put aside to be able to absorb losses. Also, banks will have to hold a minimum amount of funds against lending risks, to increase financial stability.

System 116

System Taxes Regional Google 116

CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. Track LatAm fintech companies. LatAm Fintech.

Company 65

Company Fintech Comparison Marketing 65

PYMNTS

APRIL 2, 2018

The financial institution currently targets the Caribbean with its banking services and, according to analysts, its financials remain strong despite natural disasters in the region. In February, alternative lending company TruFin, based in the U.K., Not all recent market floats have been successful, however.

US 112

US Capital Regional Analysis 112

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. As new cloud-native, API-driven solutions come to market, the term “core” seems to live in the eye of the beholder. Response From The Other Two Big 3 Players.

Financial Technology 134

Financial Technology Technology Fintech Community 134

PYMNTS

DECEMBER 1, 2016

In fact, they found the Philippines to have one of the fastest growing smartphone markets in the world. PawnHero only runs in the Philippines for now but could expand regionally to other countries with significant underbanked populations coupled with an increasing rate of mobile penetration. India, for instance, surpassed the U.S.

Regional 100

Regional eBook Mobile Analysis 100

PYMNTS

AUGUST 1, 2018

Small businesses are essential job generators, and the major driver of economic growth and vibrancy for all regions of the country.”. It is critical that we respond to the needs and concerns of Main Street America,” said Snowe in a statement. She noted that the risks of bad actors should be considered as part of the reforms made.

Policies 100

Policies Report Regulation Maine 100

Independent Banker

APRIL 28, 2016

I have served on the audit committee (yes—we are thoroughly audited) for the past three years and will be serving on the budget committee in 2016. Finally, I focus on economic news in our markets, which include five communities south of Houston. In fact, huge expansion projects are now underway across our region.

Dallas 131

Dallas Texas Houston Community 131

PYMNTS

JANUARY 29, 2018

In 2016 the International Monetary Fund (IMF) raised red flags over the matter, and soon after Bloomberg reported 17 corporate loan defaults for the year through June 30, 2016. That’s nearly three times the number of defaults in China’s bond market the year prior. Another is the government could simply cover debt.”.

National 100

National Regulation New York Regional 100

PYMNTS

MAY 30, 2016

CHAPS payment scheme in 2015 , and the infrastructure is used primarily for corporate treasury payments , according to the latest data from UK Payment Markets 2016.The Wells told reporters that it has its own guidelines to asses whether it will lend to a business or not. billion in sales for FY 2016.

Analysis 100

Analysis America Guidelines Lending 100

Tefkin

JANUARY 5, 2016

Looking at 2016 with the experience of the past 7 years in financial services. 2016 will see a strong competition in the pure banking space. In Europe especially, a crop of new banks and alternative banks will push strongly into the market. it will be a pivotal year for financial services.

Fintech 31

Fintech Marketing Maine Trends 31

PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. Alt-Lending. and the U.S. round out the rest of the investment activity.

Fintech 100

Fintech blockchain Capital Metro 100

Gonzobanker

APRIL 18, 2017

Commercial cash management/fee income (sixth in 2015, second for 2016 and 2017). Small business market share (fourth in 2015, third in 2016, and now eighth in 2017). As a former commercial lender, I love the focus and attention on commercial lending, but I also see the small business market as an exciting and dynamic segment.

Lending 60

Lending Strategy Management Marketing 60

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. Targeted at Marketing, execs, lines of business owners, etc. Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters. 09:49 am Finovate Fall 2016 Day 1 Recap.

social media 40

social media ATM Mobile Customer Experience 40

Independent Banker

FEBRUARY 24, 2016

As in past years, community bankers will continue to contend with a dynamic, highly competitive lending environment in 2016. Several trends have arisen that are likely to continue shaping the commercial lending market. Here are five commercial lending trends from some of the industry’s top commercial lenders.

Trends 79

Trends Community Bank Lending Community 79

Jeff For Banks

APRIL 23, 2017

Chairmen and CEOs alike spout undifferentiated bromides that tells me their strategy in their markets must be low cost. In 2016, we decided to ask our customers for feedback on their relationship with [Bank A]. We had $xx million of deposit growth in 2016, including $xx million, or x%, growth in transaction deposit accounts.

US 65

US Regional Marketing Branding 65

PYMNTS

NOVEMBER 22, 2018

But the seismic changes above just as easily refer to Brexit years after the historic 2016 vote marking a thumbs up to a historic divorce. basic access” to the bloc’s financial markets. It may be tough for smaller firms to come to market with new regulatory hurdles in place, or move operations. The legacy of World War I?

Fintech 156

Fintech Regulation Course Cards 156

PYMNTS

JUNE 2, 2017

Take India and Asia, where the Global Cash Index analysis of that region shows that spending with tangible currency will grow by 7.5 iPhone : Competition from China is ever looming for the iPhone, and the tech juggernaut’s market share dipped to 13.7 The market share just recorded trails behind Samsung, with more than 20 percent.

Fraud 109

Fraud Conference Online Samsung 109

PYMNTS

FEBRUARY 28, 2018

Adopting a purchase order (PO) matching process is a significant marker of maturity, according to Rob Israch, chief marketing officer for accounts payable (AP) automation startup Tipalti. Jewel Paymentech extended one of its existing products, One Sentry Marketplace, in 2016 to help address these issues. A digital U.S.

blockchain 100

blockchain System cryptocurrency Regional 100

PYMNTS

JUNE 30, 2016

Today marks the last day of June 2016, which means we’re halfway through the year. And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Here’s what you may have missed this month from some of the top mobile pay players.

Mobile 104

Mobile Samsung Apple Missouri 104

FICO

SEPTEMBER 28, 2020

Jason has been with Citizens for three years, leading the Fraud Detection and Claims Operations teams since 2016. In 2017, he was named the Head of Enterprise Fraud Management, expanding his responsibilities to include consumer lending fraud, fraud strategies and fraud prevention.

Customer Experience 59

Customer Experience Fraud Strategy Compliance 59

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Business lending and corporate cards. Stripe is ramping up its private market investments. Expansion into emerging markets.

Online 98

Online Company Retail Payments 98

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. Market strategy outside the US. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending.

Cards 101

Cards Lending Strategy US 101

CB Insights

MAY 16, 2018

GreenSky is a digital lending platform that partners with home contractors, specialty retailers, and healthcare professionals to offer consumers point-of-sale financing. Home Depot is a prominent partner of the digital lending platform. In 2017, the Atlanta-based fintech unicorn did $326M in total revenue.

Lending 35

Lending Atlanta Fintech Marketing 35

Fintech Labs Insights

NOVEMBER 18, 2016

iBank Marketing’s Wallet+ PFM goal-saving platform aims to give banks a tool to help their clients create and achieve their short-term financial goals. By offering financial and non-financial services to reach customers, Wallet+ creates a new marketing channel to reach customers. Company facts: Founded in 2016.

Marketing 12

Marketing Regional User Experience New York 12