Remove 2019 Remove Lending Remove National Remove Regional
article thumbnail

Consumer Banking Predictions 2019: Four Trends to Watch

FICO

For my predictions, I’ll focus on four areas of tactical concern within consumer banking that I feel confident bank executives will make significant progress addressing 2019. We began to see a resurgence in small-dollar lending in 2018 with new regulatory guidance from the OCC and FDIC encouraging banks to compete with payday lenders.

Trends 73
article thumbnail

BankFinancial Equipment Adds SMB Reach

PYMNTS

BankFinancial Equipment Finance will also continue its corporate leasing, lending, deposit and treasury management services to independent equipment lessors nationwide. The expansion of BankFinancial Equipment Finance brings its leasing capabilities to governmental, middle-market and small businesses, BankFinancial announced on Friday (Feb.

Illinois 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Alt Lending Anxieties Nowhere To Be Found

PYMNTS

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Alternative Lending. India’s alternative lending industry scored yet another win this week with a nearly $25 million investment from Morgan Stanley Private Equity Asia. Lendingkart.

Lending 101
article thumbnail

Retail Crisis In U.S., U.K. A Fizzle For 2020?

PYMNTS

A bit closer to home, 2019 marked a record year in the U.S. — National Returns Day : The dawn of the new year heralds a spike in returns of unwanted gifts. But online lending companies are seeing a surge in digital loans — up 19 percent year over year in 2019. The retail sector is among the largest employers in the U.K.,

Retail 131
article thumbnail

Ag Lenders: Cultivate Growth with Effective Pricing, Structure

Abrigo

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195
article thumbnail

Competition Heats Up Between Large FIs, Small Banks, Alt Lenders ? And SMBs Win

PYMNTS

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
article thumbnail

Singtel’s Dash Plans Remittance Service; KinerjaPay Notches $200M Investment

PYMNTS

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China. percent year on year in 2019.

Regional 128