Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Other roles include President & CEO Global Bank Loans at GE Capital Americas and Head of Enterprise Clients. I’m looking forward to getting stuck in.”. Paddington.

Lending 109

Lending Leadership Community Software 109

PYMNTS

OCTOBER 15, 2020

Morgan, Citi, Wells Fargo, Bank of America and Goldman (where consumer deposits stood at $96 billion in the latest tally, up $4 billion in the quarter) have shown variations on a theme: We’re emerging from what seems (so far) to be a nadir seen earlier in the year. That may be stretching things. But the horizon is not exactly clear.

America 171

America Cards Mobile Management 171

PYMNTS

OCTOBER 15, 2020

Morgan, Citi, Wells Fargo, Bank of America and Goldman (where consumer deposits stood at $96 billion in the latest tally, up $4 billion in the quarter) have shown variations on a theme: We’re emerging from what seems (so far) to be a nadir seen earlier in the year. That may be stretching things. But the horizon is not exactly clear.

America 220

America Cards Mobile Management 220

PYMNTS

FEBRUARY 15, 2018

Amazon is partnering with Bank of America Merrill Lynch to expand its lending program for small businesses. Amazon Lending is an invitation-only program that offers loans of $1,000 to $750,000, with terms of up to a year, for companies that might have issues getting traditional business loans.

Lending 103

Lending America Google Report 103

PYMNTS

NOVEMBER 27, 2018

Yet, the small business lending gap remains. In a new report, PayNet and financial research firm Raddon examined the state of small business lending in the U.S. “What we didn’t know until this study was the size of the credit market for small businesses. For banks, the reason often comes down to profits.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. In markets like the U.K.

Lending 152

Lending Community Bank US Community 152

PYMNTS

APRIL 17, 2018

Interest rates plummeted as the Fed held the federal funds rate at zero in the hopes of stimulating lending in an environment where credit went from dangerously free-flowing to dangerously non-existent in the span of a few months. People are buying houses such that there is now a supply shortage in the market. economy.

Lending 137

Lending Examples America Metro 137

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. Tech companies are chipping away at the traditional bank’s market share.

America 101

America Lending Cards San Francisco 101

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Because of the pandemic, he said, younger people have begun investing, seeing the market downturns as an opportunity.

Report 269

Report San Francisco Lending America 269

Abrigo

NOVEMBER 21, 2014

Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. Specifically for businesses, are commercial loans on the rise? Nationally, the picture is a fine one.

Lending 186

Lending South Carolina Miami Community Bank 186

PYMNTS

AUGUST 8, 2017

When news of the financial crisis broke in 2008 and big banks all over the world were eschewing consumer and small business credit markets, Batine and Dunaev saw an opportunity — one that was particularly pressing in developing nations, an area of the world that was below the big banks’ radars. A New $200 Million Fund.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

MAY 2, 2017

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

Puerto Rico 118

Puerto Rico Lending Online United States 118

CB Insights

FEBRUARY 27, 2020

The traditional Latin American banking market is characterized by high fees, concentrated market power among a few banks, high percentage of unbanked consumers, and geopolitical challenges. The post The Latin America Digital Banking Investment Landscape appeared first on CB Insights Research. Want the full post?

America 51

America Digital Banking Lending Fintech 51

PYMNTS

DECEMBER 14, 2018

and China, analysts are finding a shift among global supply chains away from the Chinese market, to the benefit of markets that traditionally don’t see much trade volume. The company plans to produce as much as half of its goods currently affected by China trade tariffs outside the market, according to reports.

Marketing 115

Marketing US Trends Conference 115

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

MAY 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. Morgan Stanley’s move comes at a time when the Brazil FinTech market is exploding.

Fintech 116

Fintech Marketing America Report 116

American Banker

JANUARY 12, 2024

Personal spending chugged along in the fourth quarter, thanks to the resilient job market. But loan charge-offs rose, and higher interest rates suppressed loan demand, executives say.

America 62

America Marketing Lending 62

South State Correspondent

APRIL 30, 2024

Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model. We witness over and over how some banks get themselves in deeper trouble booking derivatives on their books that are bets on market interest rate movements.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model. We witness over and over how some banks get themselves in deeper trouble booking derivatives on their books that are bets on market interest rate movements.

Community Bank 195

Community Bank FDIC Community National 195

PYMNTS

MARCH 11, 2016

In talking about global payment technology, emerging markets are an area of keen interest. Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. WHY GOING LOCAL MAKES A DIFFERENCE.

America 100

America Payments Fraud Case Study 100

PYMNTS

MAY 7, 2018

Then, when the Unilever truck rolls up, you only have enough cash left to buy two of them, leaving Unilever with unfulfilled sales and extra inventory that now must be stored somewhere – and leaving the true needs of your market only partially met. Determining Creditworthiness.

Lending 101

Lending America System Community 101

PYMNTS

SEPTEMBER 22, 2019

“We have around 40 companies that fit in Brazil,” the group’s head in Brazil, André Maciel, told the news outlet during an event at Cubo, a technological hub funded by Itaú Unibanco, the largest private bank in Latin America. . Japan’s SoftBank is a worldwide investor and has already invested in Brazil with the U.S.

America 164

America Lending Capital Groups 164

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s talk that alternative finance is dead. Well, in the U.S.,

Lending 100

Lending US Capital Report 100

PYMNTS

JULY 29, 2019

With their joint venture set to end next year, First Data (now Fiserv) and Bank of America said on Monday (July 29) that they will pursue independent merchant services strategies starting in June 2020.

Data 176

Data America Strategy ATM 176

Celent Banking

SEPTEMBER 30, 2015

In Latin America two chilean start-ups were the winners: Destacame.cl , aiming to financial inclusion by creating a credit scoring based on utility payments; and Bitnexo which enables fast, easy and low cost transfers between Asia and Latin America, using Bitcoin. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

NOVEMBER 15, 2020

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. Morgan Chase and Bank of America , which have been bringing in deposits through digital apps, marketing and nationwide branch networks, WSJ reported. according to WSJ.

Report 247

Report Alabama US Texas 247

PYMNTS

MAY 31, 2016

Bank Corp execs we spoke to admitted to cracking an amused smile or two during the first few rounds of Lending Club headlines, by the end of the week they were actually a bit more worried than amused. While both of the two U.S. This brings both good news and bad news.

Lending 100

Lending Online social media America 100

PYMNTS

APRIL 2, 2020

Big Data analytics reached a market valuation of $29.87 Financial data is useful in helping banks develop wide-reaching marketing campaigns, but social data is critical to developing offers for specific customers. Bank of America (BoA) is one notable success story in the field of analytical risk assessment.

Analytics 237

Analytics Data Big Data social media 237

Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

Fintech 287

Fintech Marketing Cards Management 287

PYMNTS

MAY 25, 2016

Reports by Financial Times said on Tuesday (May 24) that Wells Fargo vowed to continue to lend to businesses that have significant outstanding debt against the guidance of U.S. ” Reports said Wells has pursued greater market share in its non-retail banking operations since its acquisition of Wachovia in 2008. .

Lending 100

Lending Regulation America US 100

CB Insights

FEBRUARY 20, 2020

Latin America was one of the fastest-growing regions for fintech in 2019. While lending and payments providers saw the most deals and dollars in the year , startups are increasingly turning their focus to areas like wealth management and investing. Want the full expert post? Become a CB Insights customer.

America 37

America Management Regional Lending 37

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. Our mission — to stimulate local borrowing and local lending — is well aligned with ICBA Bancard and its community bank clients.

Community Bank 190

Community Bank Community Lending Cards 190

PYMNTS

MARCH 29, 2020

Bigger lenders — JPMorgan Chase , Bank of America , Capital One and Santander — are pouring over various borrowing rules and making revisions, informed sources told the WSJ. Emails advertising personal and small business loans have dropped off, according to the market research firm Competiscan, the WSJ reported.

America 198

America Capital Cards Lending 198

Celent Banking

JANUARY 22, 2015

In this same line, Banco Galicia in Argentina has a very interesting offering – Galicia MOVE – aimed to college students based on a totally digital proposition, underpinned by the use of digital channels and a targeted marketing strategy. Banks are certainly not playing hide and seek with P2P lending. Change or die.

Maine 100

Maine Lending Regulation Risk Management 100

PYMNTS

MAY 11, 2016

In some markets, however, working capital is hard to come by, and linking up the links of a given supply chain with surety becomes a bit tenuous. That’s especially true in one segment, the middle market, where supply chain finance can mean a world of difference in cementing those disparate links.

Lending 100

Lending Capital United States Marketing 100

PYMNTS

JANUARY 2, 2019

The company will offer crowdfunding and lending as it tries to distance itself from a year of scandals, including the murder of two female passengers. The services include wealth management tools, credit, lending and crowdfunding for serious illnesses. The company plans to continue to expand in South America and Australia.

Lending 183

Lending Leadership Apple America 183

PYMNTS

MAY 9, 2016

Bank of America, Capital One, Wells Fargo, Chase and more published their findings — sometimes to contradicting conclusions. The majority reported feeling optimistic about their local economies, but less than half (43 percent) said the same about the national market.

America 100

America National Capital Survey 100