Abrigo

JULY 25, 2022

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.

Lending 195

Lending Kansas City Kansas Resources 195

PYMNTS

AUGUST 14, 2020

China’s peer-to-peer (P2P) lending sector, once 6,000 businesses strong, has been reduced to fewer than three dozen as the government tightened regulations, leaving billions in loans unpaid. While P2P platforms were touted as an innovative way to match savers with small borrowers, the marketplace has had troubles globally.

Lending 315

Lending Regulation Industry Fraud 315

Abrigo

MARCH 3, 2022

By leveraging their strengths in relationship lending and their access to technology in order to grow the small business loan portfolio profitably. CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market.

Lending 195

Lending Community Marketing Community Bank 195

Bank Innovation

DECEMBER 24, 2019

If 2019 was the year of the challenger bank, 2020 will be the year payments companies move closer to bank territory. Marqeta, the card issuing and processing startup supporting the capabilities of large companies like Kabbage and Square, sees 2020 as a big year for payments companies branching out into banking.

Banking 2020 341

Banking 2020 Cards Payments Company 341

PYMNTS

NOVEMBER 16, 2020

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. That's been the view we've been holding or quite some time, and I think that view has been greatly reinforced in 2020.".

Lending 289

Lending Technology Capital Meeting 289

Gonzobanker

DECEMBER 7, 2023

It’s time for banks and credit unions to finally execute those C&I lending priority initiatives. Senior bank and credit union executives have ranked commercial and industrial (C&I) loans as a top lending priority over the past several years in Cornerstone Advisors’ annual What’s Going On in Banking research.

Lending 156

Lending Analysis Strategy Management 156

Accenture

JANUARY 8, 2020

If you are wondering what 2020 possibly has in store for equipment lending and leasing companies, here are my top five predictions based on new market and technology trends now on the horizon. The post Five predictions for equipment finance companies in 2020 appeared first on Accenture Banking Blog.

Company 150

Company Trends Lending Technology 150

Abrigo

OCTOBER 26, 2020

Celebrating BSA/AML Day 2020. BSA and AML Day National 2020 Celebration. SBA Lending. The post Celebrating BSA/AML Day 2020 appeared first on Abrigo. All the financial crime-fighting power. you need in one platform. learn more. Learn More. Learn More. Fraud Prevention. Fraud Trends. Learn More.

Fraud 195

Fraud System US Compliance 195

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

TheGuardian

AUGUST 9, 2020

Personal loans and credit card debt expected to fall 16% as lending to businesses surges Consumer borrowing from UK banks will fall at the fastest rate on record in 2020, amid the recession caused by the coronavirus pandemic, forecasts suggest. Banks are expected to lend 15.9%

Lending 80

Lending Cards 80

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? We know 2020 stunk,” he said. “As 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

JANUARY 6, 2021

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We

Lending 323

Lending Fintech Data Comparison 323

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Most Oft-Heard Statements of 2020. So, let’s go!

Idaho 183

Idaho Community Industry Strategy 183

Abrigo

OCTOBER 20, 2020

The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. CRE Lending. Lending & Credit Risk.

Management 195

Management Lending Community Strategy 195

SWBC's LenderHub

JANUARY 7, 2021

As we usher in the first month of 2021 after a most atypical 2020, the forecast for new car sales and repossessions is looking a bit grim. Black Book recently released a market insight report for December 2020.

Lending 127

Lending US Industry Report 127

Abrigo

SEPTEMBER 1, 2020

In fact, 70% of bank executives and directors said their institutions had implemented or upgraded an application or technology specific to PPP loans, according to Bank Director’s new 2020 Technology Survey. 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

PYMNTS

OCTOBER 7, 2020

The firm will allow users to earn as much as 10 percent per annum of the lending service’s charge over a timeframe that spans a couple of weeks in October. In other news, about 75 digital currency exchanges have shuttered because of exit schemes, breaches or unknown reasons in 2020, 4crypto reported.

Bitcoin 171

Bitcoin Lending blockchain cryptocurrency 171

Gonzobanker

AUGUST 11, 2020

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. It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue.

Lending 158

Lending Fintech Analytics UX 158

Abrigo

OCTOBER 19, 2020

BSA and AML Day National 2020 Celebration. SBA Lending. The post BSA and AML Day National 2020 Celebration appeared first on Abrigo. Learn More. Fraud Prevention. Fraud Trends. Is Your Financial Institution Aware of These PPP Red Flags? Learn More. Fraud Prevention. Fraud Trends. Learn More.

National 195

National United States Fraud Resources 195

ABA Community Banking

DECEMBER 21, 2021

The federal banking agencies today released 2020 Community Reinvestment Act data on small business, small farm and community development lending. The post Agencies Release 2020 CRA Data on Small Biz, Community Development Lending appeared first on ABA Banking Journal.

Community 59

Community Lending Data Community Bank 59

PYMNTS

JANUARY 17, 2021

With the facility, Figure will work on fueling mortgage lending growth, which shot up nearly 50 percent month over month in the fourth quarter. Morgan will help us continue to innovate in the lending space,” said Mike Cagney , CEO and co-founder of Figure, according to the release. “We This facility with J.P.

Lending 199

Lending blockchain National Payments 199

Bank Innovation

DECEMBER 19, 2019

Serious consumer delinquencies – loans 60 or more days past due – are expected to rebound for auto in 2020, falling 3 basis points year over year to […]. Analysts are anticipating U.S. consumers to have another year of positive credit activity, marking one of the longest periods of sustained consumer credit health in recent decades.

Customer Experience 221

Customer Experience Lending 221

Abrigo

NOVEMBER 21, 2019

Key Takeaways Now is a good time to plan 2020 BSA/AML training and efforts to educate clients and colleagues about BSA and fraud red flags. Sustainability of your institution's BSA program deserves particular focus in 2020. Plan BSA/AML continuing education for 2020. Communicate in 2020 to educate teams and clients.

Compliance 195

Compliance Training Fraud US 195

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

Bank Innovation

MARCH 4, 2020

Payitoff, a white-label platform that provides automated guidance on student loan repayment, won the 2020 Bank Innovation Ignite DEMOvation contest.

Innovation 243

Innovation Company Customer Experience Innovation Strategies 243

Independent Banker

JANUARY 31, 2022

One of the harsh realities revealed by the flood of Paycheck Protection Program (PPP) money distributed in 2020 and 2021 is that many businesses and entrepreneurs in need of small-balance loans fell through the cracks. Together, the consortium provided $525,000 in loans to 21 businesses between November 2020 and July 2021.

Lending 150

Lending Community Community Bank Compliance 150

Abrigo

DECEMBER 31, 2019

The top lending and credit blog posts focused on improving loan pricing, creating a better experience for borrowers, and developing risk ratings. Those priorities are apparent in the most popular Abrigo lending and credit blog posts for the year. Popular articles about credit, lending. Lending & Credit Risk.

Lending 150

Lending Community Bank Software System 150

PYMNTS

AUGUST 10, 2020

This “choice gap” is perhaps one of the most interesting findings of our study and is particularly notable for payments that are made using point-of-sale (POS) channels, such as insurance, lending and product purchase-related disbursements. We surveyed more than 5,000 U.S.

Report 228

Report Payments Millennials Cards 228

Bank Innovation

DECEMBER 6, 2019

Auto Finance News is excited to announce that applications are open for the 2020 DEMOvation Challenge, which will take place at the Auto Finance Innovation Summit on March 10-11 at the Omni San Diego.

San Diego 195

San Diego Innovation Technology Innovation Strategies 195

Bank Innovation

MARCH 6, 2020

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, March 6, 2020.

Innovation 273

Innovation Customer Experience Video Management 273

Abrigo

MAY 15, 2020

Borrowers that received loans prior to the issuance of the latest FAQ have until May 18, 2020 (extended from May 7 and May 14) to repay the loan in full to avoid “administrative enforcement.” Stay up-to-date on the latest updates to PPP loans and guidance by visiting Abrigo's PPP Lending Resource page. Lending & Credit Risk.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

PYMNTS

DECEMBER 11, 2020

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. This not only helps FIs with their own lending processes, but can also enable small businesses to begin to look into their own futures.

Lending 233

Lending Capital Resources Taxes 233

Abrigo

JUNE 18, 2020

Key Takeaways The Paycheck Protection Program (PPP) has been a critical foothold for community financial institutions seeking to obtain and diversify business lending relationships. PPP opens the door for new business lending relationships. PPP opens the door for new business lending relationships.

Lending 195

Lending Strategy Resources Community 195

PYMNTS

JANUARY 28, 2021

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in which banks hold the upper hand, commercial lending included. But an overwhelming surge in demand painfully exposed traditional banks' biggest shortcomings in business lending.

Lending 164

Lending Fintech Operations Software 164

BankInovation

NOVEMBER 10, 2020

Regions Bank is overhauling its consumer lending system to keep its competitive edge. “We We did quite a bit of investment in consumer lending over the last 10 years, but we feel like we might have to do a 2.0

Regional 75

Regional Lending System Customer Experience 75

Abrigo

SEPTEMBER 1, 2020

In fact, 70% of bank executives and directors said their institutions had implemented or upgraded an application or technology specific to PPP loans, according to Bank Director’s new 2020 Technology Survey. 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 7, 2020

One of 2020’s highest high-flyers has been the special purpose acquisition corporation, or SPAC. It might be hard in the midst of roaring markets and headlines trumpeting Dow 30,000 to remember that one of 2020’s highest high-flyers has been the special purpose acquisition corporation, or SPAC. And as reported by CNBC Monday (Dec.

Online 161

Online New York Marketing Report 161