PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Alternative Lending. alternative lending space this week, too. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

JANUARY 25, 2021

One idea is a 9 percent core capital mandate on the top tier. trillion in 2019. 55-Plus Group Lends Optimism To Travel Operators. 55-Plus Group Lends Optimism To Travel Operators. Foreign Companies Abandon US Investments In Favor Of China. FDI dropped to $859 billion in 2020 from $1.5

United States 217

United States Regulation Payments Lending 217

PYMNTS

OCTOBER 8, 2019

The latest data also hints at the possibility banks may be feeling skittish about lending to small and medium-sized business (SMB) customers. 54 percent of SMBs say the Tax Cuts and Jobs Act positively impacted their businesses , new research from the National Federation of Independent Businesses said. Their survey of 752 U.S.

Survey 134

Survey Taxes Data Report 134

FICO

JANUARY 25, 2019

Meanwhile, the competition for established mortgage lending has intensified as mortgage system growth slowed over the last few years. The sources of new lending at any bank consist of customers with a new home purchase, those who are moving from another lender or are looking to buy an investment property.

Analytics 74

Analytics Lending Strategy Regulation 74

PYMNTS

DECEMBER 6, 2019

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. From Singapore to the U.K., based uncapped has announced $13.16

Fintech 133

Fintech Capital Lending Chicago 133

PYMNTS

NOVEMBER 17, 2019

The new group will provide a full suite of lending and banking products for growing technology companies at every development stage, including asset-based solutions, recurring revenue-based revolving lines of credit, treasury management, foreign exchange and more. million in the second quarter of 2019. “We

Groups 116

Groups Innovation Capital Leadership 116

Bank Innovation

FEBRUARY 14, 2019

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha 186

Omaha Technology National Innovation 186

PYMNTS

FEBRUARY 26, 2020

JUMO currently has operations in Kenya, Ghana, Uganda, Zambia and Tanzania, where it works with telecoms and financial services firms to provide savings, lending and insurance services. PalmPay and OPay, in two cases, notched more than $210 million in funding during a five-month period in 2019, mostly from investors in China.

National 132

National Fintech Lending Operations 132

PYMNTS

JULY 15, 2019

Analysts note that today, the percentage of professionals working in the agricultural sector remains so low that including them in national jobs calculations would not have a statistically relevant effect on overall analysis. “As percent: the growth rate of FDIC-insured bank loans to farm borrowers as of March 2019.

FDIC 142

FDIC Analysis Lending Data 142

Jeff For Banks

DECEMBER 7, 2019

Total return includes two components: capital appreciation and dividends. First Capital, Inc. Nasdaq: FCAP) First Capital, Inc. On the lending side they provide customized business capital solutions nationally for small and mid-sized businesses with innovative lending to niche markets.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

CFPB Monitor

MARCH 30, 2020

Section 4008 – Debt Guaranty Authority. Section 4008 of the CARES Act authorizes the Federal Deposit Insurance Corporation (FDIC) to establish a debt guarantee program to guarantee the debt of solvent insured depository institutions and depository institution holding companies.

Regulation 122

Regulation United States Community Bank National 122

PYMNTS

JUNE 18, 2018

Biz2Credit’s latest Small Business Lending Index found that loan approval rates at alternative lenders stagnated – and at credit unions, they actually fell. Thirty-four years have passed since SMB optimism was this high , according to the National Federation of Independent Business (NFIB). But the story doesn’t end there.

Lending 112

Lending Community Bank Regional Community 112

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. That’s more than double the rate from 2019, according to the Better Business Bureau.

Trends 175

Trends Fraud Millennials Community Bank 175

BankUnderground

APRIL 3, 2024

Net lending represents the overall surplus or deficit, and it is theoretically the same whether you look at it from the income or financial account viewpoint. Evolution of the net lending positions of households and corporates The pre-GFC era was a period of strong growth and low inflation , which coincided with a large expansion of credit.

Lending 63

Lending Analysis Policies Trends 63

CFPB Monitor

AUGUST 20, 2020

CFPB Director Kathleen Kraninger concurrently issued a related blog post explaining that the Bureau seeks to play a leading role in the national conversation about racial inequality by taking action concerning fair treatment and equitable access to credit.

Regulation 78

Regulation FDIC Community Lending 78

PYMNTS

NOVEMBER 6, 2019

The climb back from that has been long and at times arduous, but has been making progress throughout 2019. The latest result carries forward a trend for 2019 — over the last four quarters, the company has surpassed consensus EPS estimates three times. We are very, very clear that we are planning a national bank charter.

San Francisco 100

San Francisco Utah Trends Cards 100

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

MARCH 30, 2020

For most SMBs , 2019 was a banner year, and 2020 was expected to be nothing less than spectacular. Two-thirds (66 percent) of SMBs expected to see their revenues grow beyond — even well beyond — what they had booked in 2019. Only 8 percent of SMBs report having three or more months of capital to draw on to keep their businesses afloat.

Maine 232

Maine Data Capital Study 232

Bank Activities

JULY 5, 2022

The Aussie neobank Volt announced that it would close its deposit-taking business operations due to its failure to raise sufficient levels of capital during the pandemic. Volt received its Australian banking license in 2019, and after closing its activities, it will return its license to the issuing regulator.

Operations 36

Operations Regulation Lending National 36

PYMNTS

JANUARY 8, 2019

Singtel’s Dash is bringing remittance services to Myanmar by teaming up with the United Nation’s Capital Development Fund (UNCDF), the company said in an announcement. With the investment, which is from Investa Wahana Group, the company seeks to invest in possible acquisitions, strategic investments and peer-to-peer lending.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

SEPTEMBER 19, 2019

Bank lending to business has hit its l owest level in two years. percent decline in the growth rate of business lending, while small-and-medium size businesses saw their rates remain static at.8 member nations. trillion), up from £800 billion in early 2019. . Lots have happened. Retail sales in the U.K.

Case Study 181

Case Study Lending Regulation Study 181

PYMNTS

MAY 29, 2018

The time frame of the IPO has not been publicly declared, but Reuters reported that Ant was planning to list in China and Hong Kong in 2019, according to a fundraising document. As Ant expands its footprint into wealth management, consumer lending and overseas markets, it has posted a 65 percent leap in profits this fiscal year.

Capital 101

Capital Security Lending National 101

Independent Banker

APRIL 30, 2019

Even after such a phenomenal ICBA LIVE and the ICBA Capital Summit, which may be happening as you read this, I can still draw such inspiration from our nation’s community bankers. I’ll be at ICBA’s Capital Summit in Washington, D.C. Quantum National Bank in Suwanee, Ga., I’m so glad that I did. Where I’ll be this month.

Community Bank 70

Community Bank Tampa Community Washington 70

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. annual list. We may not be good, but we’re persistent!

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

DECEMBER 12, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Data is as of 12/10/2019. Lending Club saw the highest-valued exit on our list, going public at a valuation of $5.4B This is the most recent exit in our graphic (9/5/2019).

Fintech 41

Fintech US Lending Analytics 41

PYMNTS

SEPTEMBER 19, 2019

In a joint report released this week with the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP), the ADP again urged world leaders to combine their efforts in addressing the trade finance gap.

Regional 117

Regional Analysis Management National 117

Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard.

Policies 186

Policies Capital Report FDIC 186

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. In March 2019, Amazon announced an integration with Worldpay , which serves as a back-end intermediary between banks and credit card companies and is one of the largest payment processors in the world. Closing thoughts.

Cards 101

Cards Lending Strategy US 101

CB Insights

DECEMBER 19, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Data is as of 12/19/2019. in December 2019 — a significant downround since its $8B valuation in January 2018. in March 2019. Download the free report for all the details.

Fintech 51

Fintech Regional Analytics Groups 51

PYMNTS

FEBRUARY 14, 2020

The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. The wholesale bank will be divided into a separate investment bank that has a capital markets focus and a commercial bank providing back-end services for companies. As of Friday (Feb.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

DECEMBER 23, 2019

This year, 2019, the average American will spend three hours and 43 minutes per day on mobile devices, just ahead of the three hours and 35 minutes spent watching television. Visner of the National Cybersecurity Federally Funded Research and Development Center ( FFRDC ). Scott Sanborn, CEO Lending Club. You know they’re there.

Lending 131

Lending National System Management 131

Lex Sokolin

DECEMBER 25, 2019

If you read anything but this newsletter, you’ve got to read: Blockchain Capital’s 2019 Year in Review Messari Research Crypto Theses for 2020 DappRadar 2019 dapp Industry Review Decentralized Finance Overview So let’s narrow our entire lens to decentralized finance. The lending product above is a bit more complicated.

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

JANUARY 29, 2019

Today around 70 percent of students graduate from college with some kind of student loan debt, on average about $22,000 worth, according to the National Center for Education Statistics. Founded in 2017 as an online learning startup, Lambda has caught the attention of some big names in venture capital.

America 116

America Study Capital New York 116

CB Insights

NOVEMBER 5, 2019

In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap. At its Investor Day in September 2019, Ant disclosed that financial services has overtaken payments and now makes up over 50% of its overall revenue. billion yuan).

Fintech 51

Fintech social media Analysis Marketing 51

TrustBank

DECEMBER 8, 2022

From 1990-2019, US personal saving began to trend lower, averaging only 6.4% Going back to just before the distortions created by the pandemic, in 2019 the US ranked 15 th , well behind China, Switzerland, Sweden, Mexico and Australia (1-5 respectively). There was a time, however, when Americans did save more. over that 30-year period.

US 52

US Policies Taxes Washington 52

Fintech Labs Insights

SEPTEMBER 21, 2020

Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Funding: $2.8M (May 2019). Capital Markets & WealthTech. 10M July 2019 $3M July 2018 $400k Aug 201. Finalists: Applied Blockchain (see pitch below), CausaLens ( pitch ). Winner: Applied Blockchain. HQ: London.

Innovation 15

Innovation Fintech blockchain Capital 15

Independent Banker

JANUARY 31, 2022

billion to the state’s GDP in 2019, according to state records. There’s really not a lot we can’t do,” says Travis Edlund, senior vice president and regional manager of the San Antonio market for Amarillo National Bank. Edlund adds that ANB also does working capital lending, energy lending and real estate and development lending.

Texas 182

Texas San Antonio Community Bank Community 182