PYMNTS

OCTOBER 31, 2016

The cross-border payments firm released its full-year 2016 report this week, and CEO Hank Uberoi highlighted revenue increases across the globe. For the year ended June 30, 2016, Earthport saw a 64 percent increase in payment volume, hitting $11 billion this year. ” Earthport. million, an 89 percent increase from last year.

America 100

America Report Cards Regional 100

PYMNTS

DECEMBER 28, 2020

I mean, throughout the Latin American region that has happened, but it has been massive in Brazil. When we began underwriting operations back in 2016, we had a certain level of performance, and we’ve been improving a lot because with more history our models are strong so we can make better credit decisions.

Lending 220

Lending Data Marketing Regional 220

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

MAY 10, 2016

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. ” He added that in 2016, roughly a quarter of European banking revenue (€128B) will come from retail payments. market in July 2015 and March 2016, respectively. 2016 German Payment Study.

Regional 100

Regional Payments Study Cards 100

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

Abrigo

NOVEMBER 2, 2016

Analysts examined banks with at least 25 percent of deposits held in oil- and gas-dependent counties in order to investigate the impact of direct lending to local oil and gas firms and indirect lending to companies servicing the sector. Lower energy prices have had only a modest effect on banks’ profitability and capital adequacy.”

Comparison 150

Comparison Regional Study Risk Management 150

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 56

Survey Lending Policies Analysis 56

PYMNTS

DECEMBER 30, 2019

The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions. Grab, which started out as a ridesharing company, has been introducing finance apps and payment solutions since 2016. Singtel CEO Arthur Lang said the company’s mission is to be an enabler of change.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

FEBRUARY 13, 2020

Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. Other, Individual presentations (with just three of the main markets noted below) delved into the market specific opportunities by region and country, detailing total addressable markets that stretch into the trillions of dollars.

Payments 163

Payments Regional America Cards 163

PYMNTS

JUNE 8, 2018

trillion : Consumer cash spend in the Asia-Pacific Region in 2016. 40,000 : Value of the average line of credit on the BlueVine SMB lending platform. 16 : The number of ATMs per 10,000 people in India. 250 billion : What banks will need in assets to fall under the enhanced scrutiny of Dodd-Frank.

ATM 108

ATM Regional Branding Lending 108

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. Between market consolidation and partnerships with traditional banks, alternative lending is certainly already an in-flux market.

Lending 152

Lending Capital Marketing Report 152

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

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

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

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

PYMNTS

MARCH 30, 2017

In defining these areas, the newswire stated that “micropolitan” locations have at least a county, an urban center and a population across both that top out at less than 20 percent of what might be defined as a “typical” metropolitan region. The next highest regions are Edwards, Colo. up 2 percent since the third quarter of 2016.

US 100

US United States Utah Regional 100

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. “Our

America 100

America Lending Regulation Regional 100

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

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 72

Lending Study Marketing Capital 72

PYMNTS

MAY 5, 2017

In 2016, Wells Fargo said it created as high as two million accounts without the knowledge of clients. The report noted it’s not clear if the targeting of undocumented workers went beyond just a handful of regions around the country. “If The bank paid out $185 million in fines and penalties to settle the issue in September.

Regional 119

Regional America Lending Meeting 119

PYMNTS

APRIL 14, 2017

That jump is one that has been logged since September 2016. Geographically speaking, they live in the coastal regions of the United States. But, noted the firm, the sentiment is higher than the 12 percent response that was seen just prior to the election of 2016. The typical profile? That tally is down 1 percent from a year ago.

Survey 102

Survey United States Regional Lending 102

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., To date, the company has raised more than $286 million.

US 112

US Capital Regional Analysis 112

PYMNTS

DECEMBER 1, 2016

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. One regional target in sight is South Asia — the region is estimated by the World Bank Group to the highest percentage of unbanked customers worldwide.

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

PYMNTS

AUGUST 30, 2017

While the homeowner was initially told that Wells Fargo would pay to extend the home interest rate lock, a regional manager reversed that decision, according to court documents. Truth in Lending Act. Real Estate Settlement Procedures Act and the U.S.

San Francisco 121

San Francisco Nevada Regional Analysis 121

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. The Houston region has seen substantial layoffs, and the daily headlines predict more will be announced. In fact, huge expansion projects are now underway across our region.

Dallas 131

Dallas Texas Houston Community 131

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

Abrigo

OCTOBER 31, 2019

It is true that on July 17, the Financial Accounting Standards Board (FASB) voted unanimously to propose a deferral of Accounting Standards Update (ASU) 2016-13, otherwise known as CECL, for smaller reporting companies (SRCs), as defined by the SEC, and for private and not-for-profit companies. Lending & Credit Risk. Learn More.

Meeting 150

Meeting Regional Lending Report 150

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. One scenario is the state could take from the prosperous — coastal regions or high-tech, for example — and give to the struggling,” Bloomberg said at the time.

National 100

National Regulation New York Regional 100

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters. International lending platform – Create opportunities for Investors. Average return of 13% per year.

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

PYMNTS

JULY 8, 2016

The Asia-Pacific region undoubtedly led the way, with India securing the largest investment of the week (alternative SME lending) and other deals reaching Australia and China in the logistics, cross-border payments and SaaS segments. ” Alternative Lending. Check out our breakdown of all the deals below.

Capital 101

Capital Lending Industry Management 101

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. 2016 will be the year of blockchains as infrastructures for smart contracts. it will be a pivotal year for financial services.

Fintech 31

Fintech Marketing Maine Trends 31

Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. And it doesn’t appear that either will have those capabilities anytime soon.

Financial Technology 136

Financial Technology Technology Fintech Community 136

American Banker

OCTOBER 18, 2016

Comerica is gaining momentum after a rough start to 2016. The Dallas company said Tuesday that it earned $149 million the third quarter, an increase of nearly 10% over the same period last year and up 150% from this year's first quarter, when plunging oil and gas prices forced it to sharply boost reserves on loans to energy firms. …

Dallas 28

Dallas Company Regional National 28

PYMNTS

NOVEMBER 7, 2018

That growth was outpaced by a record number of applications, up 30 percent year on year, as LendingClub looks to spur “awareness” of the benefits of fixed-rate lending in an era where interest rates are on the rise. The company said it had loan originations of $2.9

Taxes 159

Taxes Management Risk Management Capital 159