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PNC Eyes Buying US Unit Of Spain's BBVA, Report Says

PYMNTS

The acquisition could have the effect of boosting PNC's presence in the southeast and west where the markets are growing quickly, according to WSJ. BBVA bought Alabama's Compass Bancshares in 2007 and has around $100 billion in assets in the U.S., including branches around the Sunbelt with a large presence in Texas. according to WSJ.

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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

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 Chase said it will also open branches in locations close to major universities in Auburn, Alabama and Lincoln, Nebraska. area, Philadelphia and Boston.

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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. We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. A Better Option For Banks.

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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

Lending is getting riskier. This data is critical for pricing, capital allocation, and marketing. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. Minnesota, North Dakota, and Iowa were the least risky states to lend into. This quarter, it is 2.58%.

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How Financial Institutions Focus on Customers Is Key

Abrigo

The session is among several panel discussions and speaker sessions that are part of the Lending + Credit Risk track at the conference, hosted by Abrigo Sept. Stay Up-to-Date On Lending Best Practices. Some financial institutions, such as Vision Bank, have taken steps to speed lending decisions by automating steps of the process.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. Last week , Walmart Pay rolled out in Alabama and Georgia. Online lending . billion people a month who visit it. Slam dunk sizzle.

Lending 101
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CFPB Uses “Mystery Shoppers” To Target Bank Lending Practices

PYMNTS

Because progress exists, these days redlining is not nearly so prominent a feature of the market place – largely because it is very illegal, and the penalties for being caught in the act are quite steep. Tactics like those used against a loan officer at BancorpSouth Bank’s Madison branch in Alabama.

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