Abrigo

MARCH 9, 2017

And to thrive, those customers need economically diverse and healthy communities in which to live and work. Partnering with local organizations to promote the health of those communities is often a top priority for banks. communities where capital tends to be scarce.

Community 246

Community San Francisco Capital Philadelphia 246

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

JANUARY 6, 2020

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. has dropped from 8,000 in 2004 to about 5,400 in 2018. Strengthening SMB Ties.

Community Bank 123

Community Bank Community Payments Fintech 123

FICO

JULY 15, 2022

Financial Inclusion Using Analytics. The lending and financial services industry can provide that social good, as long as it's done in a way that is both responsible and fair. It means integrating new technologies into lenders workflows and operations. How FICO Can Help You Make Lending Decisions That Drive Social Good.

Analytics 52

Analytics Data Lending Innovation 52

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 86

Operations System Groups Technology 86

Independent Banker

JULY 1, 2015

Jamey Smith forges complete partnerships for successful commercial lending. As a successful commercial lending specialist for more than 30 years, Jamey Smith, Houston region CEO of Citizens Bank in Kilgore, Texas, has pursued a strategy of getting an in-depth understanding of potential customers and their businesses. By Judith Sears.

Analytics 70

Analytics Houston Texas Training 70

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Investors on Monday (June 27) provided $10 million to D3 Banking for it to further its research and development operations, reports said. Alternative Lending. Lendingkart. Five Star Business Finance.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. In a recent blog post , Giorgio pointed out that baby boomers make an average of 9.1

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

MARCH 23, 2020

“Increasingly, many lenders have been starting to focus on [SMBs] and lending to [SMBs],” said Gabriele Sabato, who holds a doctorate in finance and is CEO and co-founder of SMB loan underwriting firm Wiserfunding , in a recent interview with PYMNTS. From Bank Accounts To LinkedIn Profiles. Expanding The Data Scope.

Lending 188

Lending Data Analysis Tools 188

Abrigo

JUNE 5, 2023

Takeaway 3 Banking intelligence that's purpose-built for banks and credit unions combines analytics and intuititve dashboards. the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio). Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195

Report Risk Management Capital Data 195

South State Correspondent

MAY 3, 2023

FTP can be extended to provide other analytical tools, as shown in the graph below. In fact, we had a conversation just last week with the head of a lending division at a large regional bank. At its basic premise, FTP distributes banking profit between lending and deposits.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

FTP can be extended to provide other analytical tools, as shown in the graph below. In fact, we had a conversation just last week with the head of a lending division at a large regional bank. At its basic premise, FTP distributes banking profit between lending and deposits.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

FTP can be extended to provide other analytical tools, as shown in the graph below. In fact, we had a conversation just last week with the head of a lending division at a large regional bank. At its basic premise, FTP distributes banking profit between lending and deposits.

Lending 195

Lending Capital Management Tools 195

Abrigo

JULY 27, 2023

Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. alternative lending platform FundingXchange secured $10 million in fresh investment led by Downing Ventures and Gresham House Ventures, while Hambledon Capital also participated, reports in Insider Media said. FundingXchange. eFileCabinet.

San Jose 226

San Jose Capital Utah Operations 226

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Lending 193

Lending Capital Analytics Fintech 193

Abrigo

MAY 31, 2017

In a recent article from Credit Union Insights , Frank Koechlein discusses the need for credit unions to grow into their analytical solutions. Why should developing an effective analytics strategy be any different?” Antidotal evidence indicates that only 20% of all credit union analytic solutions are still in place after 5 years.”

Software 150

Software Analytics Training Case Study 150

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. I’ll repeat that: one credit union and one community bank.

Conference 60

Conference Lending Community Bank Community 60

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. In addition to focusing on new hires, the company said it will use the investment to bolster its balance sheet to be able to expand its own SMB lending operations.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

APRIL 13, 2018

Finch Capital and Fenway Summer Ventures participated in the round, which will bolster the company’s trade finance operations targeting SMBs across Europe. million in new funding to support its operations in Peru and Mexico, according to ImpactAlpha reports. Based in Ireland, Supply Finance landed $4.9 said this week. Tienda Pago.

Lending 129

Lending blockchain Capital Software 129

Abrigo

MAY 13, 2020

In other words, some financial institutions will finally have the proof of concept that using technology to transform their usual business-lending processes is the way to go. ‘A small- and midsize-business (SMB) lending ecosystem acquired new capabilities via their participation in PPP,” the report said. Lending & Credit Risk.

Lending 195

Lending Report Technology System 195

PYMNTS

FEBRUARY 28, 2020

B2B eCommerce startup Sokowatch scored a win for Kenya’s B2B FinTech community after raising $14 million in Series A funding, reports in TechCrunch said. Offering a holistic solution, Sokowatch digitizes order management, supplier payments and logistics operations.

Fintech 175

Fintech Capital Lending Report 175

Independent Banker

AUGUST 25, 2016

More than ever, community banks are exploring new ideas and unconventional approaches to achieving greater profitability. on profitability in community banking. on profitability in community banking. Higher-volume lending has become more important to profitability. Calculated Lending. Calculated Lending.

Missouri 70

Missouri Connecticut Minnesota Arizona 70

Independent Banker

JULY 29, 2016

Big Savings—ICBA’s Dan Clancy and Travelers’ Laura Lundin hold a big check representing the $3 million dividend paid this year to community banking participating in the ICBA-Travelers property-and-casualty insurance Preferred Service Provider program. Farmer Mac — agricultural lending. ICBA Services Network.

Community Bank 70

Community Bank Community Compliance Lending 70

PYMNTS

JUNE 6, 2016

Biz2Credit is expanding its small business lending operations into a market without much experience with alternative finance. While India may not have the most robust alternative lending industry in the world, it’s the size of its SME population that’s attracting Biz2Credit, the company said.

Marketing 100

Marketing Lending Guidelines National 100

Celent Banking

MARCH 6, 2015

Next week I will be moderating a panel discussion at American Banker´s Retail Banking Conference in Austin about the competitive pressures of community institutions. It’s an important topic that Celent discussed in a report published last year: And Then There Were None: The Disappearance of Community Banks.

Conference 100

Conference Retail Community Austin 100

Independent Banker

NOVEMBER 30, 2021

Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud. New account fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

FEBRUARY 10, 2017

Alternative Lending. million , India’s Zen Lefin, better known as Capital Float, will expand its abilities to lend to SMEs. Capital Float will use the funding to lend to its existing and new SME clients. Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said.

Fintech 100

Fintech Capital Lending Data 100

Gonzobanker

FEBRUARY 8, 2022

Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash., The grassroots of community and regional banking will no longer be vanilla operations geographically focused. price/book multiple.

Fintech 165

Fintech Customer Experience Conference Technology 165

CFPB Monitor

NOVEMBER 18, 2021

It is clear from the title of the CFPB’s press release announcing the assessment, “ CFPB Seeks Input on Detecting Discrimination in Mortgage Lending ,” that the CFPB is treating this assessment as an initiative addressing fair lending. The specific data points reported under the HMDA Rule that help meet the objectives of the Rule.

Compliance 78

Compliance Data Lending Operations 78

PYMNTS

JANUARY 23, 2020

Every day is now a delivery day at FedEx,” Raj Subramaniam, president and chief operating officer at FedEx, said in a statement, announcing expanded home delivery to include Sundays. Artificial intelligence-based behavioral analytics could be merchants’ answer to the countering eCommerce fraudsters’ ever-changing tactics.

Fraud 131

Fraud Community Bank Analytics Study 131

PYMNTS

JUNE 28, 2019

The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

Abrigo

JANUARY 25, 2022

Drivers of digital change Whether looking to enhance customer-facing aspects of the bank or credit union, improve operations, or diversify revenue and profit streams, financial institution executives everywhere are looking to buy technology or partner with fintechs. Lending & Credit Risk. Lending & Credit Risk.

Management 195

Management Software Survey Fintech 195

Abrigo

APRIL 2, 2024

Stand-ou t bank business strateg ies for lending success These bank business strategies will help you market, target, add value to your lending services and build lasting relationships with your borrowers. Lending is a competitive and challenging industry, requiring constant innovation to attract and retain customers.

Lending 171

Lending Strategy Marketing Community 171

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

JUNE 15, 2018

From warehouse robots to R&D analytics, the B2B startups covered in this week’s VC Investment roundup scored close to $200 million from investors. Exotic Solutions offers eCommerce businesses its Skypods robots, using automation to transport products in warehouses to human operators. AYE Finance.

Analytics 100

Analytics Capital Industry Data 100