PYMNTS

JUNE 26, 2018

And not just one branch of underwriting — for a short while there, it seemed like all of it had hit Game Over status — with consumers; SMB and even enterprise-level lending slowed to a near stop. ” When one steps back, he noted, and looks at the total picture for 2018, it is notably different from 2008 in many regards.

Millennials 116

Millennials Lending United States Comparison 116

PYMNTS

FEBRUARY 20, 2018

But the data indicates that for an increasing number of users, debt is not being managed correctly. Late payments and out-and-out defaults and charge-offs are on the rise across a few lending segments. A fair portion of that interest rate, according to the Fed, was an uptick in mortgage lending. percent in 2018 — up from the 4.32

Lending 105

Lending Cards America New York 105

PYMNTS

JANUARY 14, 2020

Broadly speaking, it seems the follow-up act to the millennial generation – that is, Gen Z – is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million and 38.27 million, both cohorts have roughly quintuple the carrying rate.

Innovation 160

Innovation Payments Millennials Cards 160

PYMNTS

JANUARY 12, 2020

The startup was founded in May and will introduce a digital banking blueprint concentrated on serving millennials in India, Narayanan told TechCrunch. They want insurance, lending, investment opportunities and multiple products,” said Narayanan, epiFi CEO. In 2018, international investors invested a record $9.6

Google 101

Google Capital Millennials Digital Banking 101

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

NOVEMBER 28, 2017

Car-shopping app Fair was launched in Los Angeles in September by Scott Painter, Fair founder and former CEO of TrueCar, with plans to expand to more markets in 2018. The millennial factor. Fair’s phone-first approach to vehicle shopping was designed for millennials, he explained. percent compared to the 12.09 of Gen Xers.

Mobile 102

Mobile Millennials Los Angeles Trends 102

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

FICO

DECEMBER 20, 2018

In our current rising rate environment, any bank that can’t grow (or at least sustain) its deposits base will face shrinking net interest margins and a competitive disadvantage in their consumer lending businesses. small-dollar lending market. This is critical to making the business case for small-dollar lending viable.

Trends 73

Trends Lending Fraud Exercises 73

William Mills

APRIL 20, 2017

Seth Wheeler, Managing Director at JPMorgan Chase, posed the question, “Do we build or do we partner?” Tony Garritano from Progress in Lending held an Innovations Awards event at the London House which showcased seven companies in the mortgage industry that are leading the way in compliance, eClosings, appraisals and information management.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

CB Insights

NOVEMBER 5, 2019

Both Ant and Tencent have converged on a growth playbook that focuses on converting their massive audiences of digital payments users into consumers of financial services across lending, wealth management, insurance, and credit scoring. Tencent, too, is looking to work more closely with wealth management incumbents.

Fintech 51

Fintech social media Analysis Marketing 51

CB Insights

OCTOBER 10, 2018

Asia is highly competitive, with tech giants like Ant Financial and Tencent’s WeChat actively dominating mobile payments and expanding their reach in financial services across lending, wealth management, and insurance. of monthly spend across 28 countries in Europe as of September 2018. Millennials. Underbanked/Unbanked.

Retail 78

Retail Cards Millennials Mobile 78

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. Two that are already seeing lots of activity are payments and lending.

Policies 61

Policies Lending Operations Examples 61

Fintech Labs Insights

OCTOBER 13, 2020

Description: Alternative credit scoring and lending in emerging markets. Founded: Aug 2018. Target customers: Millennials. Description: Digital banking and spend management platform for global NGOs. Description: Digital wealth manager connecting Africans to U.S. Founded: 2018. HQ: Belmont, CA. Founded: Nov.

San Francisco 15

San Francisco CA Fintech Oakland 15

Gonzobanker

MARCH 6, 2018

Much like a bank that over-concentrates itself on commercial real estate lending, banks that rely too heavily on physical channels for consumer and business customers risk attrition, lost revenue and increased expenses. Check out Jim Burson and Ron Shevlin’s 2018 Channels Priorities. Digital: The New Must-Have.

Strategy 89

Strategy Marketing Mobile Trends 89

CB Insights

AUGUST 2, 2018

See the investment trends, top deals, and active investors in Q2 2018. These companies come from diverse fintech backgrounds — P2P money transfers, wealth management, lending — but all are rushing to create checking account alternatives within their pre-existing products. Source: Bloomberg , June 2018. Wealthfront.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

JULY 23, 2018

May 2018’s household income numbers were up nearly 2 percent from last year, they say, due largely to increases in base compensation resulting from a tightening labor market. They have and use store cards and say they pay student loans (probably at that age for their millennial kids). Are the more than a third of U.S.

Cards 122

Cards Groups Report US 122

CB Insights

NOVEMBER 6, 2018

Google UK hosted its inaugural “Connected Beauty” event in October 2018, bringing speakers from YouTube, Sephora, indie beauty brands, and more to discuss trends across consumer beauty product discovery. In 2018, viewers have watched an average of more than a million beauty videos on the platform every day. Partnerships.

Google 72

Google Apple Industry Branding 72

PYMNTS

FEBRUARY 23, 2018

Roughly half would rather skip the “let me take it to my manager” routine, rating the overall experience unpleasant and unacceptable. His co-founder was John Elway, the founding quarterback (and now general manager) of the Denver Broncos. And, he noted, a real need – which is why Blinker is hoping to take its show on the road in 2018.

Denver 130

Denver Colorado Florida Texas 130

PYMNTS

AUGUST 13, 2018

In an interview with PYMNTS’ Karen Webster, Dan Dickinson, chief digital officer at EQ Bank , stated that deposits grew by 52 percent year over year in 2017, and the digital bank stands poised to see another year of strong results in 2018. Call it active money management done simply through a single platform. Making Key Decisions.

Digital Banking 113

Digital Banking social media Course Marketing 113

PYMNTS

SEPTEMBER 7, 2018

In mid-August, Uber noted that Uber Freight is expanding its services by rolling out a platform to enable shippers to tap into the company’s network and manage shipments from a personal computer. The Toyota investment values Uber at around $72 billion, which is higher than the value SoftBank gave the ride-hailing company earlier in 2018.

San Francisco 101

San Francisco Course Cards Arizona 101

Gonzobanker

DECEMBER 20, 2018

GonzoBankers, 2018 has been a troublesome year. about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

Fintech 105

Fintech Conference Innovation Community 105

Gonzobanker

FEBRUARY 7, 2018

Imagine one big party of more than 1,000 larger bank acquirers, smaller bank potential sellers, salivating investment bankers, and pen-in-hand attorneys full of big grins and big plans for 2018. As Kirk Wycoff, Managing Partner from Patriot Financial Partners pointed out: 50% of a mid-size commercial bank’s deposits are retail.

Taxes 76

Taxes Video Analytics Arkansas 76

Fintech Labs Insights

AUGUST 26, 2016

They have Braintree -owned Venmo’s ( FD2016 ; F2013 ) millennial-focused social components stamped all over them: Founded by former N26 employees, Cookies launched this week to offer Germany-based users a free P2P payment solution. Venmo competition heats up. Lately we’ve noticed more P2P payment app competitors trickle in.

Trends 12

Trends Fintech ATM Google 12

Fintech Labs Insights

FEBRUARY 23, 2017

Interest rates are projected to rise for the second time, millennials are starting to buy their first homes, and investors are looking to diversify out of the volatile stock market. They do not lend or service the loan. 2- Digital mortgage lending companies. Of that amount, $2.6 In the U.S., 1- Mortgagetech. Better Mortgage.

Fintech 28

Fintech Lending Regulation Millennials 28

PYMNTS

SEPTEMBER 18, 2018

Gig workers have gone from a sliver of the economy to a bonafide force, powered by platforms like Uber , Lyft and Fiverr , not to mention a generation of millennials who had the misfortune of entering the workforce during the Great Recession and resultant unemployment wave. personal income in 2018. trillion of total U.S.

Taxes 167

Taxes System Washington Regulation 167