Bank Innovation

NOVEMBER 15, 2017

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

Conference 225

Conference Innovation Fintech How To 225

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. In Fiscal Year 2018, not one of the 100 top lenders participating in the SBA’s 7(a) loan program were credit unions, reports in American Banker said last month.

Lending 129

Lending Analytics Data Security 129

PYMNTS

MARCH 19, 2019

Grab Financial Group , the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Grow with Grab” is its full push into lending and insurance, the company said in the press release.

Lending 131

Lending Fintech Groups Policies 131

PYMNTS

JANUARY 18, 2019

17) after markets closed that missed the Street, as merchant and services revenues were both below expectations, and write-offs tied to its lending business grew. percent, up by about 10 basis points from the third quarter of 2018. American Express posted earnings results on Thursday (Jan. billion were below expectations $10.6

Lending 135

Lending Cards Groups Operations 135

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 90

Policies Lending Capital Study 90

PYMNTS

OCTOBER 2, 2018

Avant’s consumer-facing product is devised as a digital alternative to that market. Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function. The company has added three others since then and noted more partnerships will be announced in the latter part of 2018.

Lending 134

Lending Alabama Online System 134

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. The market map below categorizes the Fintech 250 companies based on core area of focus.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

DECEMBER 8, 2019

B-North wants to disrupt the £154 billion UK business lending market. The majority of SME lending is via the big High Street banks and our experience shows they often use outdated ‘legacy’ systems, rigid lending policies, and faceless, centralized processing centers. percent in equity at a £14,247,942 ($18.7

Lending 131

Lending Regional Policies Operations 131

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019.

Lending 131

Lending Regulation Capital Industry 131

PYMNTS

NOVEMBER 27, 2018

Climbing interest rates are taking their toll on the number of consumers in the market for new home mortgages. The Incredible Shrinking Non-Bank Mortgage Lending Market. trillion in mortgage originations that happened in the first nine months of 2018, roughly 52 percent came care of non-bank lenders.

Marketing 116

Marketing Dallas Lending Conference 116

Abrigo

AUGUST 26, 2019

The session is among several panel discussions and speaker sessions that are part of the Lending + Credit Risk track at the conference, hosted by Abrigo Sept. Stay Up-to-Date On Lending Best Practices. The 2018 J.D. To learn more about the other lending and credit risk topics during the conference, see the agenda.

Conference 150

Conference Lending Oklahoma Alabama 150

PYMNTS

MAY 7, 2018

That intimate level of insight could be a business advantage – if not for the fact that your entire operation runs on cash. Now, Mastercard and Unilever have announced the rollout of a digital lending platform, Jaza Duka (“fill up your store”) for micro entrepreneurs. Determining Creditworthiness. The Long Tail of Benefits.

Lending 101

Lending America System Community 101

BankUnderground

FEBRUARY 5, 2021

Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. Negative liquidity shocks on the other hand constitute a tightening of financial conditions, reducing lending and real investment ( Bruno and Shin (2015) and Avdjiev et al (2018) ).

Marketing 98

Marketing Policies Study Tools 98

PYMNTS

AUGUST 10, 2018

The biggest story this week in grocery came, as it often does, care of the new Whole Foods Market as operated by Amazon. 8), Hart noted the discount grocery chain has been heartened by the results it has seen already with delivery in a handful of markets. In an interview with Business Insider on Wednesday (Aug.

Lending 100

Lending New Hampshire Sacramento Online 100

PYMNTS

FEBRUARY 7, 2019

While there were many provisions to the payday lending rules as originally passed, the one that caused the greatest controversy was the “ability to repay” provision that would have required short-term lenders to establish a borrower’s ability to repay before offering them a small-dollar, short-term lending product.

Lending 100

Lending Regulation Online Leadership 100

PYMNTS

FEBRUARY 2, 2021

1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I We’re growing a market of people who have never bet before in Tennessee.”. We’re bringing sports gambling out of the shadows,” she said. “A You can’t just go to PayPal and say, ‘I want to deposit $3,000 today.’

Tennessee 262

Tennessee Payments social media Regulation 262

Abrigo

DECEMBER 17, 2019

Both established markets and emerging vendors on the Dark Web have been actively promoting fresh inventory and steep discounts for holiday sales, including Black Friday and Cyber Monday. Another popular category in the underground is account markets. There are many operators of mule networks offering their services on the Dark Web.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

JANUARY 24, 2019

In a press release , Fundation said it is collaborating with Banc of California to develop a streamlined, digital small business lending and line of credit solution that the bank can offer to its small business clients. SMBs can use the tool to apply for financing through an online application on the Banc of California website. .

California 122

California Lending FDIC Online 122

PYMNTS

MAY 22, 2019

Likewise, small business owners need credit to help them get operations in place to get top lines flowing. trillion: Value of the small business lending market as estimated by the CFPB. percent: Share of gig economy workers with specialized skills, measured at the end of 2018. .

Taxes 134

Taxes Lending Data Operations 134

PYMNTS

JANUARY 6, 2020

small businesses (SMBs) — 57 percent — reported revenue growth in 2018, although profits remained the same as in 2017, according to Forbes , citing the Small Business Credit Survey (SBCS). According to the survey, while revenues grew for most, the percentage of firms operating at a profit remained unchanged from the previous year’s report.

Survey 130

Survey US Capital Lending 130

Gonzobanker

OCTOBER 26, 2017

This is not to say financial institutions don’t develop talent for lending and information technology. The lending challenge is this: A great generation of lenders is getting close to retirement. Can bankers make lending something that has panache and appeal to Millennials? And who will replace them? Risky, yes.

Resources 71

Resources Training Lending Strategy 71

Bank Innovation

FEBRUARY 28, 2019

Payments company Klarna Bank AB grew revenue by about a third in 2018, but operating income fell and the speed at which merchants are signing up to the platform slowed. Klarna, which recently turned to Snoop Dogg to promote its online services, added 14,500 merchants in 2018 to its platform, down from 26,000 new merchants […].

Operations 170

Operations Online Payments Company 170

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Optimism Up.

Regulation 156

Regulation Innovation Fintech Marketing 156

Abrigo

JANUARY 19, 2022

Although they were up slightly in the third quarter from a record low, annualized net interest margins are nevertheless 25% below those in 2018. We’ve spoken to institutions who expect to see noticeable increases in reserves in some lending categories, which eventually have to be paid for in margin. You have other choices.

Lending 195

Lending Strategy Groups Examples 195

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 4, 2019

The new rules will start in December, and are a response to the FCA forcing P2P lending platform Lendy into administration, which is when a company is insolvent and in trouble with creditors. Lending outfits will also have to provide detailed plans on how they’ll handle a shutdown. An investigation into the company is ongoing.

Lending 122

Lending Regulation Retail Marketing 122

PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? Viewed from high levels, the activity itself (lending, that is), has taken off in some of the countries one might expect, marked by relatively higher incomes, and where financial regulation might be relatively less stringent.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

DECEMBER 29, 2019

The industrial slowdown crippled markets and made way for big businesses to take advantage of cheap financing deals that were available. In commercial real estate lending, the number of CRE loans held at larger banks also began to decline. While there was growth in commercial and industrial loans of 1.6

US 132

US Capital Lending Industry 132

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Lending 122

Lending Cards FDIC Capital 122

PYMNTS

AUGUST 5, 2019

The San Francisco-based Credible Labs gives Fox a footing in personal lending as it seeks new investments following the $71 billion sale of its entertainment assets to Disney in 2018. mortgage market, as well as student and personal loans. The market has grown 88 percent year over year, and it’s worth a total of $1 billion.

San Francisco 108

San Francisco Lending Digital Strategies Marketing 108

Independent Banker

JULY 31, 2022

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. And that means it can be a challenge to keep up with the latest trends in social media marketing. Illustration by miakievy/iStock.

social media 224

social media Trends Community Groups 224

PYMNTS

APRIL 16, 2018

This week’s B2B Data Digest examines the numbers released by the institutions for Q1 2018, highlighting the role corporate and wholesale banking operations did (or did not do) to support an overall impressive quarter. billion in the quarter, though the FI still missed some analysts’ estimates for Q1 2018. JPMorgan Chase.

Taxes 100

Taxes Lending Operations Data 100

PYMNTS

NOVEMBER 5, 2018

The WSJ quoted Alibaba, saying it “stepped up its investment to acquire more users and capture growth opportunities of the offline payment market,” which hurt results. Ant operates Alipay, the digital payment service in a battle with Tencent ‘s WeChat Pay for dominance in China. and overseas, giving it a value of $150 billion.

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

OCTOBER 1, 2018

What does small business (SMB) lending look like? seems to be kicking off, showing evidence of surpassing traditional bank lending at many times. In Mexico, small business lending is muted across the board. In Mexico, small business lending is muted across the board. For example, alternative finance in the U.K.

Lending 115

Lending Survey Data National 115

PYMNTS

AUGUST 29, 2019

With FinTechs rushing in to fill the gaps in small business lending, banking and other financial services left by traditional banks, those FIs saw an opportunity to collaborate with their FinTech peers and integrate their solutions, rather than spend the money on inventing new small business products internally. banking operations.

Fintech 173

Fintech Innovation Lending Digital Banking 173

PYMNTS

DECEMBER 5, 2018

“Ninety percent of our business has been wiped out,” said factory operator Vinod Gupta at the time. The research suggested that small businesses planned to rebound in 2018, and set up a likely environment of optimism for 2019. The company planned to more than triple its customer base by the end of 2018.

Innovation 171

Innovation Survey Operations Community 171

PYMNTS

APRIL 24, 2018

While the small business customers of FairFX propelled the company to post its first-ever profit, corporate customers of Opus and UBS reported more muted figures on dampened corporate lending amid higher market volatility. The board is confident that the outlook for the full year remains in line with market expectations.”.

Operations 100

Operations California Report Groups 100