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. “This is an extraordinary thing. .”

Lending 152

Lending Community Bank US Community 152

FICO

JUNE 30, 2023

Fannie Mae and Freddie Mac buy and guarantee mortgage loans that conform to their lending standards and advance their mission to make housing more affordable, creating a powerful market incentive for lenders to issue loans that meet these high standards. Remember, a more predictive score could equate to a better valuation of MBS.

Security 96

Security Guidelines America Marketing 96

PYMNTS

SEPTEMBER 7, 2020

The nation’s banks are anxious about getting loans repaid that are secured against empty office buildings, hotels and malls. The banks with the largest total increases include JPMorgan Chase , Bank of America and Wells Fargo.

New York City 259

New York City Lending New York Florida 259

PYMNTS

JUNE 21, 2017

Small business lending platform Nav announced Tuesday (June 20) that Visa Head of Global Small Business Janet Zablock is joining its board as an independent member. “Small businesses have traditionally struggled to navigate an increasingly complex lending process,” Zablock said in another statement.

Lending 100

Lending America Capital Security 100

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. 3) that it secured $250 million in equity funding from a subsidiary of SoftBank Group.

Lending 109

Lending Capital Fintech Data 109

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. The New Subprime Lending Path. Citigroup’s auto lending unit has been nearly entirely sold off.

Lending 137

Lending Examples America Metro 137

Abrigo

JUNE 2, 2015

For more than 30 years, the number one vehicle in America by sales is the Ford F-series line of trucks. Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. billion of that in their auto lending portfolio.

Lending 150

Lending San Antonio CA Sacramento 150

Bank Innovation

MARCH 28, 2016

Joan Kuehl, who is the online lender’s first CIO, has extensive experience, having worked at Travelers and Bank of America — so it deserves notice when her first pronouncements Read More. Elevate Credit Inc., which is pining to get to an IPO, today announced that it hired a new chief information officer.

Big Data 150

Big Data Online Lending Data 150

PYMNTS

MARCH 25, 2019

A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “ payday lending rule ” mandated roughly two years ago by the Consumer Financial Protection Bureau (CFPB). The CFPB had asked the court to wait until a separate case had been decided.

Lending 128

Lending Illinois Compliance Chicago 128

PYMNTS

OCTOBER 13, 2017

Beyond the metaphor, the sheer “hugeness” of the data breach means that more of this information — sensitive and valuable information ranging from Social Security numbers to birth dates to home addresses — is available to hackers than ever before. That cat’s never coming back.

Industry 144

Industry Security eBook Data 144

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

BankInovation

SEPTEMBER 20, 2021

Many cryptocurrency projects are flouting investor-protection rules and deserve more scrutiny, a group of investor advocates told Securities and Exchange Commission Chair Gary Gensler in a Monday letter.

cryptocurrency 89

cryptocurrency America Lending Groups 89

Abrigo

MARCH 13, 2023

Much attention has been placed on the sale of the securities portfolio at a loss and if that move itself was causal. Banks in rural America are not going to have the same kind of lending activities, or depositor relationships as this bank seemingly had. But we do know that this bank had a unique business practice.

Strategy 195

Strategy Lending Security Analysis 195

PYMNTS

MAY 7, 2018

Now, Mastercard and Unilever have announced the rollout of a digital lending platform, Jaza Duka (“fill up your store”) for micro entrepreneurs. How can a lending organization feel comfortable giving money to a small or micro business with no credit history or credit record? Determining Creditworthiness.

Lending 101

Lending America System Community 101

PYMNTS

APRIL 20, 2018

Alternative Lending. company announced Series A funding this week, though it didn’t reveal exactly how much it secured from Sterling Partners. In addition to helping businesses access financing, Cerebro noted it provides borrowers with analytical data to enhance transparency in the corporate lending process. Cerebro Capital.

Lending 109

Lending Capital Chicago Tools 109

Abrigo

MARCH 24, 2021

Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Pandemic-Induced Transformations. Meanwhile, businesses that flourished in the pandemic may look to expand operations.

Lending 221

Lending Technology Survey Examples 221

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. In Latin America, the infrastructure mainly relies on banks to provide kind of these types of services to the SME segment. trillion globally, according to Shoihet.

United States 286

United States Regional America Trends 286

PYMNTS

JANUARY 8, 2021

Backers zeroed-in on a range of industries, including SMB banking and lending. With plans to launch a new small business lending bank in the U.K., million in "bridge" funding, with the company planning to close a $27 million Series A investment round that will enable it to secure its banking license. B-North has announced $3.66

Fintech 203

Fintech Capital Lending Operations 203

PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. Asia and Latin America. With more than $21.7

Capital 115

Capital America Security Lending 115

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. Banks are certainly not playing hide and seek with P2P lending. Regulation is an important issue for banks to get into P2P lending and depending the country, there may be restrictions.

Maine 100

Maine Lending Regulation Risk Management 100

PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. Asia and Latin America. With more than $21.7

Capital 100

Capital America Security Lending 100

PYMNTS

OCTOBER 6, 2017

Might this mean France may like America for more than Jerry Lewis? Payday Lending : Tough new rules are going to make it a lot harder to borrow, with requirements for proof of income and for limits on how many loans can be taken out quickly. The Big Fizzle: Social Security Numbers . The IRS deal — where Equifax was awarded a $7.2

Security 100

Security Washington Data System 100

PYMNTS

MAY 31, 2019

who participate in 4-H, Future Farmers of America (FFA) or other programs that encourage young farmers to raise their own livestock for sale at county fairs. Security and Long-Lasting Impact . Such cash infusions are real needs for children across the U.S. Demand is expected to grow even further in the future. .

Community 115

Community Lending social media Cards 115

PYMNTS

JANUARY 13, 2020

consumer and the sea changes tied to commerce, eCommerce, lending and credit. 15) will mark releases from Bank of America and Goldman Sachs. The detail, of course, will be freshened up by this week’s results, and we’ll get a look at the cumulative lending across Marcus, which at last count stood at $55 billion. Tuesday (Jan.

Mobile 131

Mobile US Lending America 131

PYMNTS

JULY 10, 2020

Mexico is one of Latin America’s high-growth markets. The company said its all-in-one platform also allows these businesses to quickly expand into other high growth markets in Latin America, almost instantly. In December, Rapyd secured $20 million in funding , bringing its valuation to $1.2

Payments 153

Payments America Capital Online 153

PYMNTS

JANUARY 13, 2020

consumer and the sea changes tied to commerce, eCommerce, lending and credit. 15) will mark releases from Bank of America and Goldman Sachs. The detail, of course, will be freshened up by this week’s results, and we’ll get a look at the cumulative lending across Marcus, which at last count stood at $55 billion. Tuesday (Jan.

US 130

US Lending America Course 130

Lex Sokolin

JANUARY 14, 2021

Instead, they have either (1) been directly owned by retail investors through crypto exchanges or decentralized apps, or (2) been packaged and secured for safe handling by newly buy-side funds for the largest endowments and family offices in the world. Instead of sovereign power, money is backed by software and the collateral it secures.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

Instead, they have either (1) been directly owned by retail investors through crypto exchanges or decentralized apps, or (2) been packaged and secured for safe handling by newly buy-side funds for the largest endowments and family offices in the world. Instead of sovereign power, money is backed by software and the collateral it secures.

America 52

America Wyoming National Capital 52

PYMNTS

JANUARY 21, 2021

Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. trillion borrowed by corporate America last year. The new program will allow SMB bank transactions to be imported directly and securely from Nedbank accounts into the Xero cloud accounting platform, the report stated.

Payments 212

Payments America Lending Report 212

PYMNTS

FEBRUARY 19, 2020

The B2B eCommerce Report , a PYMNTS and American Express collaboration, digs into the advantages of online business purchasing, as well as efforts to overcome the difficulties involved in designing and securing these shopping experiences. Around The B2B eCommerce World.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

APRIL 13, 2018

The Series A funding was led by Kaszek Ventures, QED Ventures, Oikocredit, Accion Venture Lab and Agrega Partners and will be used for geographic expansion across Latin America. Corporate travel solutions provider TravelPerk secured $21 million in Series B funding this week led by Target Global and Felix Capital. TravelPerk.

Lending 129

Lending blockchain Capital Software 129

PYMNTS

FEBRUARY 11, 2019

OakNorth Holdings announced that it has secured $440 million in funding from the SoftBank Vision Fund and the Clermont Group. This new financing will be used to launch OakNorth’s lending operations in the U.S. “We The technology is currently being used by institutions in Asia, North America and Europe. billion to U.K.

US 134

US Lending Analytics America 134

Bobsguide

APRIL 13, 2022

London, UK – April 12, 2022 – Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. Users will be able to unlock lending options within Dynamics 365.

Lending 112

Lending Community Leadership Capital 112

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. Sure, it shows that investors aren’t ready to give up on alternative lending just yet. Enterprise Security. But every few weeks, the industry roars back with an impressive investment streak. SMB Finance.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

JULY 29, 2019

In addition, CBC recently rolled out a new Treasury Management platform designed for user experience and enhanced with top-tier data security. Based throughout Northern California, the consultant team will be led by Jim Pelka, who is joining the bank as head of Treasury Management Solutions, reporting to Chief Lending Officer Scott Myers.

California 108

California Management Sacramento Regional 108

PYMNTS

SEPTEMBER 7, 2018

Portal Finance – which recently secured a $200 million commitment from Latin America’s largest financial institution, BTG Pactual – has a multi-pronged approach to linking small businesses to financing. One startup, Colombia’s Portal Finance, also signals investors’ appetites for multitasking B2B FinTech startups.

America 115

America Fintech Lending Analytics 115