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Avant Brings SaaS Lending Tech To Banks

PYMNTS

Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function. 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.

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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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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

Lending is getting riskier. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. The operative question is when commercial PODs will show a spike. Minnesota, North Dakota, and Iowa were the least risky states to lend into. This quarter, it is 2.58%.

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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. Reports Thursday (June 23) said OnDeck has launched its Accountant Advisor Program , a service that helps professionals accountants arrange financing for their SME clients.

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The Tale of Two Banks, One Town

Jeff For Banks

But if you bother to look at a map of the state, you will find Indiana in the James Carville description of Pennsylvania: "you have Philadelphia and Pittsburgh and Alabama in between". Indiana is in the Alabama in between. S&T simply operates more efficiently, spending their operating expenses prudently.

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Opploans Personal Loans Review: For Borrowers With Bad or No Credit

MyBankTracker

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes.

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