Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. Real Estate Market Outlook. MBA Vice President for CRE Research Jamie Woodwell said in a news release that low interest rates gave CRE markets a boost last year. “In Assess and act on creditworthy CRE borrowers quickly.

Lending 195

Lending Trends FDIC Survey 195

Gonzobanker

AUGUST 11, 2020

OnDeck’s fire sale aside, recent deals at nCino, Black Knight and Ellie Mae are a shot in the arm to a market in need of some good news. 2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions.

Lending 158

Lending Fintech Analytics UX 158

PYMNTS

FEBRUARY 3, 2020

Goldman Sachs and Amazon are in discussions about the possibility of partnering for small and medium-sized (SMB) business lending in the U.S., Goldman would use its latest lending technology to offer SMB loans on Amazon’s lending platform as soon as next month, two sources told FT. Financial Times reported on Monday (Feb.

Lending 131

Lending Apple Cards Branding 131

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

PYMNTS

DECEMBER 2, 2019

This is the bank’s third loan to a Latin American FinTech in 2019 — and the biggest ever in Mexico. In 2019 alone, the Latin American eCommerce pioneer has seen its market value more than double to $29 billion. The Goldman Sachs loan won’t be used to finance lending in Brazil. “We

Lending 130

Lending America Capital Regional 130

Abrigo

APRIL 14, 2020

Key Takeaways The Federal Reserve recently unveiled a new loan-purchase program, the Main Street Lending Program (MSLP) Unlike the PPP, loans provided under the MSLP are not eligible for loan forgiveness Community financial institutions play an important role in the MSLP. billion in 2019 annual revenues.

Maine 195

Maine Lending Community Study 195

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend.

Lending 190

Lending Capital Fintech Security 190

PYMNTS

OCTOBER 8, 2018

Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data. Initially, Marcus will start by providing easy access, online-only savings accounts, with lending products slated to be available at the earliest in 2019.

Lending 151

Lending Online Report Marketing 151

PYMNTS

DECEMBER 11, 2020

The PPP initiative was instrumental in helping small businesses navigate market volatility in the near term. We did more loans in a two-month period than we did in 10 years of SBA lending combined," he said. "We Historically, traditional business lending is based on historical financial performance," he said.

Lending 233

Lending Capital Resources Taxes 233

PYMNTS

JANUARY 30, 2020

29) that lending to euro zone companies fell to a two-year low at the end of last year as bank loans to households grew, according to Reuters. The ECB data showed that lending to non-financial corporations fell to 3.2 On the other hand, household lending rose from 3.5 percent to 3.7 percent, the highest numbers in over a decade.

Lending 130

Lending Data Policies Company 130

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14).

Lending 189

Lending Fintech National Taxes 189

PYMNTS

MARCH 13, 2019

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area, Philadelphia and Boston. Chase plans to open 90 new branches and hire 700 employees by the end of 2018.

St. Louis 145

St. Louis US South Carolina North Carolina 145

PYMNTS

AUGUST 12, 2019

One area of impact is small business finance and lending, with small businesses and lenders seeing a slowdown in demand. Small business lending platform Funding Circle commented on this effect in its latest earnings data, noting that there has been “some deterioration” in its higher-risk small business loan bands in the U.K.

Lending 144

Lending US Capital Data 144

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Indeed, only about 1,700 lenders participated in the SBA’s 7(a) program in fiscal 2019.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Indeed, only about 1,700 lenders participated in the SBA’s 7(a) program in fiscal 2019.

Lending 195

Lending Training Technology Survey 195

PYMNTS

DECEMBER 29, 2019

business loans and capital investment have essentially plateaued in the second half of 2019, in what experts say is a reflection of the slowing industrial economy. The industrial slowdown crippled markets and made way for big businesses to take advantage of cheap financing deals that were available.

US 132

US Capital Lending Industry 132

PYMNTS

JANUARY 2, 2020

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California. Sezzle’s shares fell considerably on Thursday, taking the company’s worth to approximately $131 million, around 40 percent less than its worth in July 2019 during its IPO.

CA 130

CA Lending California Minnesota 130

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

Lending 150

Lending Resources Capital Technology 150

PYMNTS

JULY 29, 2020

The Tel Aviv Stock Exchange (TASE) has launched a new central blockchain securities lending platform in Israel, according to a press release — the first in the area. The project was started in March 2020 and tested lending transactions in the new platform. dollars, with privacy coins not allowed.

Bitcoin 141

Bitcoin Lending blockchain System 141

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. The current state of ag borrowing. Learn More.

Lending 195

Lending How To FDIC Survey 195

Bank Innovation

JUNE 3, 2019

Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

Innovation 170

Innovation Atlanta Industry social media 170

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

PYMNTS

OCTOBER 8, 2018

Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data. Initially, Marcus will start by providing easy access, online-only savings accounts, with lending products slated to be available at the earliest in 2019.

Lending 100

Lending Online Report Marketing 100

PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. The Two Faces Of Consumer Credit. They are becoming homebuyers.”

Millennials 145

Millennials Lending System Data 145

Independent Banker

FEBRUARY 28, 2022

The question is whether financial institutions will feel the positive impact of the current indicators or if uncertainty and volatility in the mortgage market will prevail. Developing leaders in mortgage lending. You’ll learn about: The 2022 mortgage market outlook. While the U.S. Following a ten-year high of just above 4.5

Leadership 91

Leadership Strategy Lending Community Bank 91

PYMNTS

JULY 7, 2020

The small- to medium-sized business (SMB) lending industry is used to adaptation, especially since the 2008 financial crisis, when legacy financial institutions (FIs) began pulling back and FinTechs and digital players stepped up in the space. percent of SMB loans from January 2019 to April 2019, for example.

Lending 138

Lending Study Industry Tools 138

PYMNTS

DECEMBER 12, 2018

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for the lion’s share of credit products. percent in the fourth quarter of 2019 compared to 1.94 percent in the fourth quarter of this year.

Cards 128

Cards Lending Trends Management 128

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Fed Adjusts Main Street Lending Terms to Help Small Businesses.

Maine 148

Maine Lending Cards Bitcoin 148

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

ForwardBanker

MAY 13, 2019

We all know that 2018 was a tough year for the mortgage industry, and we should be braced for more of the same in 2019—with a slight increase in purchase volume being offset by a drop in refinance volume. This was the takeaway from Garth Graham’s session at Deluxe Exchange 2019. Garth is Senior Partner.

Lending 44

Lending Industry Marketing 44

CFPB Monitor

DECEMBER 13, 2018

The CFPB has issued a new annual report covering its fair lending activities during 2017. Since Mick Mulvaney did not become Acting Director until the end of November 2017, the fair lending activities described in the report largely took place under former Director Cordray’s leadership.

Lending 92

Lending Report Regulation Leadership 92

PYMNTS

DECEMBER 17, 2019

Managing cash flow can be tricky work when one is new to the market or looking to expand because cash is in short supply. CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms. The first is focus.

Lending 132

Lending Data Retail Capital 132

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 87

Policies Lending Capital Study 87

PYMNTS

APRIL 22, 2020

For the first 12 days of April they dropped tumbled 63 percent vs. 2019. That’s good news for consumers who shop for cars online, which they did at an 86 percent rate during 2019. Used cars suffered a similar fate amid the coronavirus pandemic. Online auto sales are the only game in town. But it’s an obstacle for dealers.

Marketing 195

Marketing Online Video Industry 195

PYMNTS

OCTOBER 9, 2018

About a year ago, the CFPB, which now goes by the BCFP, dropped the final version of its payday lending regulations. These protections bring needed reform to a market where far too often, lenders have succeeded by setting up borrowers to fail.”. The OCC also revisited its stance on banks and these consumer lending products.

Lending 140

Lending Regulation Groups Report 140

SWBC's LenderHub

OCTOBER 17, 2019

The auto loan industry is massive and chances are that if you are a financial institution, you are also in the auto loan lending game. Having a solid pulse on the auto finance market can help increase your financial institution’s auto loan portfolio.

Marketing 60

Marketing Trends Lending Industry 60