article thumbnail

Fintech Deals to Watch: Back to School

Gonzobanker

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 182
article thumbnail

Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.”

Lending 125
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banks Are Arming to Win the Digital Lending War With Fintechs

The Financial Brand

Increasing demand for digital loans and faster decisions is changing the face of consumer lending. The post Banks Are Arming to Win the Digital Lending War With Fintechs appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 40
article thumbnail

HSBC, Alibaba Link Up On Quick eCommerce Loans

PYMNTS

However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We HSBC is the first local lender to launch such a partnership with a technology company, to use big data to approve trade finance lending. Eight virtual banks are starting operations this year.

Big Data 203
article thumbnail

Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti

FICO

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

article thumbnail

Consumer Lending Transformation Requires Speed, Simplicity and a Digital Mindset

The Financial Brand

The post Consumer Lending Transformation Requires Speed, Simplicity and a Digital Mindset appeared first on The Financial Brand - Banking Trends, Analysis & Insights. To compete with fintech lenders, traditional financial institutions must simplify internal processes and improve mobile experiences.

Lending 43
article thumbnail

How the ‘New Normal’ is Driving Change in Small Business Lending

The Financial Brand

Greater acceptance of digital commercial lending processes has arrived as both financial institution lenders and prospects see the benefits. The post How the ‘New Normal’ is Driving Change in Small Business Lending appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 35