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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. The operative question is when commercial PODs will show a spike. Regarding volatility, Alabama is projected to have the most significant variability in credit, while Connecticut is expected to have the most minor variability.

Trends 195
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OnDeck Channels Accountants For SME Funding

PYMNTS

While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. ” OnDeck facilitates access to working capital of up to $500,000 for accountants’ SMEs with the program. .

Kentucky 101
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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart. Founded and based in Birmingham, Alabama, Shipt launched in Nov.

Google 100
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Avant Brings SaaS Lending Tech To Banks

PYMNTS

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. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product. A Better Option For Banks.

Lending 134
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TGI Fridays, Fast Casual Food To Cater To Millennial Expectations

PYMNTS

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. The pilot store will be operating on extended hours, opening four hours earlier at 7 a.m. ” Hang out they’ll have to.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

Highlighting the need to accelerate access to capital for SMBs, HSBC said it is integrating Biz2X within its existing HSBC Fusion offering to speed up credit application approval. AIB's receivables financing operations in the U.K. HSBC Collabs With Biz2Credit For SMB Loans. Progress Bank Taps Sensibill For Digital Receipts.

Fintech 247
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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. Live Oak Bancshares, Inc.

Capital 78