Independent Banker

OCTOBER 31, 2022

Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. However, banks should first consider their customers’ needs and the infrastructure and features needed in a lending platform before adopting a new digital strategy. Benefits of digital lending.

Lending 91

Lending Community Bank Community Illinois 91

FICO

JULY 15, 2022

Financial Inclusion Using Analytics. in 1989, it meant lenders of all sizes could leverage the technology of scoring and open up credit to consumers that they might not have lent to in the past. 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.

Analytics 52

Analytics Data Lending Innovation 52

PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Innovating for Community Banks.

Community Bank 205

Community Bank Community Innovation Fintech 205

PYMNTS

JULY 30, 2019

Modern credit unions understand all too well that loyalty innovation is critical to staying in business, and that those that do not prioritize it risk losing a significant share of their members. Loyalty-based innovation is a top concern for many credit union (CU) members, as outlined in the latest Credit Union Innovation Playbook.

Innovation 108

Innovation Data Analytics Video 108

Bank Innovation

JANUARY 30, 2018

Kabbage anticipates that businesses will use the funds for technology investment, the company stated in today’s release. Victoria Treyger, chief revenue officer for Kabbage, told Bank Innovation in an email: Customers use Kabbage […].

Technology 281

Technology Online Innovation Company 281

PYMNTS

FEBRUARY 12, 2018

Transaction banking products provider Intellect Global Transaction Banking (iGTB) and cloud-based software solutions firm Pivotal are partnering to enhance corporate banking technology for businesses in the U.S. 9) noting iGTB will lend its cash management platform, CBX 18, to Pivotal clients via its Pivotal Cloud Foundry cloud platforms.

Lending 158

Lending Analytics Software Customer Experience 158

Gonzobanker

JANUARY 4, 2023

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. John Brunner.

Technology 78

Technology System Software Groups 78

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S. billion in 2017 from $2.6

Lending 103

Lending Online Community Washington 103

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. .

Fintech 195

Fintech How To Innovation System 195

Perficient

AUGUST 26, 2020

While these salesmen cannot physically be in the space to make sales, adding technology such as Augmented Reality (AR) still gives customers the ability to experience a product and use the salesman as a resource to ask questions and further the buying process. Integrating the Right Technology. The Future of Successful Digital Commerce.

How To 420

How To Customer Experience Online Analytics 420

Insights on Business

OCTOBER 3, 2018

IBM RegTech Innovations. These technologies bring capabilities that speed risk modeling, automate fraud detection, ensure regulatory compliance, enable distributed trust, and protect sensitive financial information. We have developed a new approach to detecting financial crimes and fraud using graph analytics and machine learning.

Industry 155

Industry Innovation blockchain Compliance 155

PYMNTS

APRIL 8, 2016

In small business lending, the rush of alternative players entering the market is beginning to give way to consolidation — or, at least, collaboration. Such technology is a natural fit for any lender, traditional or otherwise. But there are other types of pairings as the alternative SME finance industry continues to find its footing.

Analytics 100

Analytics Data Lending Big Data 100

Celent Banking

FEBRUARY 28, 2017

Lending Product — for the most impressive consumer or business lending or collections initiative. Product Innovation — for demonstrating the ability to launch multiple innovative products. Join us for the 10 th annual Innovation and Insight Day on April 4 th in Boston.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

Lending Product — for the most impressive consumer or business lending or collections initiative. Product Innovation — for demonstrating the ability to launch multiple innovative products. Join us for the 10 th annual Innovation and Insight Day on April 4 th in Boston.

Innovation 100

Innovation Lending Boston Trends 100

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. According to the results, banks argue that innovation, not just regulation, is behind the wheel of progress. Optimism Up.

Regulation 156

Regulation Innovation Fintech Marketing 156

Gonzobanker

MARCH 9, 2022

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. First, Fiserv announced the acquisition of the remaining 80% of new core player Finxact at an eye-raising $800 million plus valuation.

Financial Technology 149

Financial Technology Technology Fintech Community 149

PYMNTS

SEPTEMBER 19, 2017

The biggest opportunities exist in transaction banking and commercial lending, Finastra said, but there is also a real opportunity in working with FinTechs (and the tech they offer) to help banks land a larger slice of the combined $915 billion in revenues FIs are expected to see at the end of the decade.

Innovation 108

Innovation Survey blockchain Lending 108

PYMNTS

JUNE 15, 2017

There’s no disputing that the pace of innovation in consumer payments over the last several years has been quick and its reach broad. There’s been an abundance of innovation in where consumers shop, what they use to pay when they buy and the devices they use to enable those payments. Raising the Level of the Game.

Innovation 161

Innovation Payments Cards Customer Experience 161

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Below, PYMNTS breaks down the latest in B2B FinTech funding. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

Bobsguide

MAY 18, 2022

CompatibL, a leading provider of risk management solutions and professional services for the financial industry, has been named the winner of the Best Risk Management Platform Award in the sixth annual FinTech Breakthrough Awards program for its innovative CompatibL Cloud Platform. About the FinTech Breakthrough Awards.

Fintech 147

Fintech Risk Management Analytics Software 147

Abrigo

DECEMBER 5, 2023

Analytical competence and investigative instinct: The ability to scrutinize complex financial transactions and identify suspicious patterns is essential. If the BSA Officer is a higher level and a “big picture” leader, process managers must naturally be analytical and confident to fill this necessary skill set.

Training 221

Training Compliance Regulation Software 221

PYMNTS

JUNE 4, 2019

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release , Biz2Credit said the Series B funding round was led by WestBridge Capital.

Lending 122

Lending Risk Management Analytics Leadership 122

Bank Innovation

SEPTEMBER 14, 2016

Kevin Simback and Josie Lee seeded the list of US companies using technology in the broad Digital Mortgage Market – MortgageTech. 1 – Mortgage Enterprise Solutions – this includes offering lending operating system (LOS) providers, marketing/lead gen/application/underwriting/fulfillment/closing platforms, servicing Read More.

Marketing 150

Marketing Analytics Software Bitcoin 150

Insights on Business

NOVEMBER 13, 2017

Anyone with an idea of how we might conduct business better and more efficiently, be it in wealth management, lending, insurance, or payments, could bring it to life with ease. Entrepreneurial individuals could find all the tools they need to innovate consolidated in one place, which meet all of their data requirements and analytical needs.

Financial Technology 79

Financial Technology Technology Analytics Tools 79

FICO

SEPTEMBER 6, 2017

In this podcast for Lend Academy, FICO Blog author Dr. Scott Zoldi talks about his role as FICO's Chief Analytics Officer, the company's AI innovations and how they are being applied in credit risk, fraud management and more. For more information, visit the Lend Academy page on this podcast.

Lending 95

Lending Fraud Data Analytics 95

PYMNTS

FEBRUARY 7, 2017

Plaid Technologies, a startup that helps FinTechs like Venmo and Lending Club access their customers’ bank accounts, has raised $44 million in a Series B round of venture capital funding. According to a report , the venture units of Citi and Amex took part in the latest round of fundraising.

Technology 100

Technology Tools Analytics Fintech 100

FICO

APRIL 2, 2019

This April, the world’s leading event in financial services innovation kicks off – LendIt Fintech USA 2019 in San Francisco on April 8 and 9th. Thousands of thought leaders across industries like financial inclusion, digital banking, and lending will share insights on the latest fintech industry market trends and future challenges.

Innovation 40

Innovation San Francisco Analytics Lending 40

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. SMBs are notoriously difficult to underwrite. Expanding The Data Scope.

Lending 188

Lending Data Analysis Tools 188

Chris Skinner

FEBRUARY 24, 2017

It is no longer this big bucket of finance and technology. There is RegTech for Regulatory Technologies; WealthTech for Wealth Management Technologies; InsurTech for Insurance Technologies; and so on. RegTech Regulatory Technologies, or RegTech for short, is fairly obvious as to what it is.

Fintech 342

Fintech Regulation Technology Analytics 342

Gonzobanker

MAY 9, 2017

Is automation a missing link to a more productive and profitable commercial lending department? The 2015 Cornerstone Performance Report found significant reductions among mid-size banks in both monthly loans originated and outstandings per commercial lending full-time equivalent employee. – Reduced overhead and cost per loan.

Lending 86

Lending Analytics Data United States 86

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. Improving The SMB Lending Experience. Asymmetric Information Exchange.

Data 193

Data Lending Capital social media 193

PYMNTS

APRIL 24, 2019

The two will also look for ways to collaborate in digital payments, data analytics, and AI and other digital financial services. They are also expected to jointly explore new product and service offerings in digital lending. “As

Lending 197

Lending Analytics Innovation Meeting 197

PYMNTS

JUNE 7, 2019

With a total of $388 million raised this week, newly funded startups are deploying an array of data analytics technologies to address B2B finance friction. Existing backers Gradient Ventures, Randstad Innovation Fund, Bain Capital Ventures and Cervin Ventures also participated. Biz2Credit. Yellowbrick Data.

Data 139

Data Capital Analytics Lending 139

Gonzobanker

FEBRUARY 26, 2019

Luckily for the banks, there are many more of the latter than the former.” – Bank Innovation. Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. Lending: Mashing Up Analytics & Digital. Moody’s Analytics acquired commercial real estate analytics firm.

Fintech 104

Fintech Analytics Lending Case Study 104

PYMNTS

JULY 5, 2017

We want to help small businesses solve their liquidity issues by leveraging blockchain technology to provide financing options previously only available to large companies,” the firm’s CEO and Co-Founder Jure Soklic said in a statement. The sale will last six weeks, it said.

cryptocurrency 216

cryptocurrency blockchain Lending Samsung 216

FICO

SEPTEMBER 30, 2022

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. The jury for this year's awards is once again filled with talent and diversity.

Meeting 52

Meeting Analytics Management Strategy 52

PYMNTS

JANUARY 7, 2021

When I look at FinTechs-versus-financial services, the reality is the competition that those two marketplaces generate actually generate innovative partnerships between themselves that create that bridge to progress," he said. Lloyds Pilots Satago Technology. Orange Bank Acquires Anytime.

Strategy 196

Strategy Fintech California Community 196