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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

The technology enables more intelligent decisions when it comes to identifying and predicting fraud by providing a meta analysis of attacks, allowing QSRs to create fraud profiles and determine where threats may be located.

Mobile 289
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Commercial loan automation vendor Numerated acquires financial spread fintech

BankInovation

Boston-based startup Numerated, which automates commercial loan generation, has acquired Fincura, Inc., a spreading automation and financial analysis fintech.

Fintech 96
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CFPB announces advisory committee members

CFPB Monitor

The ARC advises the Bureau on its strategic research planning process and research agenda and provides feedback on research methodologies, data collection strategies, and methods of analysis, including methodologies and strategies for quantifying the costs and benefits of regulatory actions.

DC 78
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SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults

PYMNTS

A new report commissioned by SWIFT , with research conducted by the Boston Consulting Group (BCG), is urging corporate banks in India to take action. With BCG and SWIFT urging banks to take “immediate action,” some banks have chosen to pivot away from corporate lending. ” Banks Need to Multitask.

Lending 100
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Bankers: Is It Worth Buying Checking Accounts

Jeff For Banks

A community bank head of consumer lending recently told me he did the same with a Key Bank offer. The analysis is assumption driven. years duration based on FHLB Boston's spot rates at the time of printing. Sure, the big banks seem to be on the bandwagon. Jeff For Banks readers likely get these offers. Five hundred bucks!

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Carmageddon: The Downshifting of America’s Auto Industry

Gonzobanker

According to an estimate by Boston Consulting Group, “One-quarter of miles driven in the U.S. The fallout from this easy lending has started inspiring lenders to pull back the reigns. Profitability assumptions made by senior lenders regarding both the return and embedded risk of auto lending may be materially flawed.

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Innovation in the Asset Management industry

Tefkin

Lendingclub has provided attractive returns to individual investors who would never have had the possibility to directly invest in consumer lending with the necessary diversification. Commoditization of Analysis. Other assets classes are also opening up and proving competitive. as the Blooomberg article explains: . “We