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SoFi To Start Selling Life Insurance

PYMNTS

During the past two months, SoFi got licenses in more states, including Arkansas, Florida, Massachusetts, New York and South Dakota. In September, WSJ reported SoFi was looking to raise $500 million in equity to fund new growth initiatives among mass-market borrowers and international markets.

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Southern Bancorp is building wealth for everyone

Independent Banker

Darrin Williams, an attorney and former Arkansas state representative, wasn’t interested when Southern Bancorp, Inc. Relyance is working to increase its mortgage lending but sometimes isn’t able to make loans for some customers. By Judith Sears. Name: Southern Bancorp. Assets: $2 billion. Location: Arkadelphia, Ark.

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Excited To Help People

Independent Banker

In Arkansas, Jim S. Once he gets his mind set, a plan forms and then becomes a very calculated reality,” offers Tara Salinas, the bank’s marketing and business development officer. If you don’t grow and expand your markets, then you’re going to have a harder time doing the things that community banks need to do.”. Jim Gowen Sr.

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June’s Top 12 Mobile Pay Moments

PYMNTS

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay. Apple Pay — 20 Months In.

Mobile 104
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Construction loan and delinquency trends in 2023

Abrigo

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. WATCH Takeaway 1 An S&P Global Market Intelligence report shows delinquencies leveling off and loans growing in the construction sector. billion in the previous quarter and $2.80

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Watch 9 Fintech Startups Pitch at Techstars & Western Union Demo Day (Oct 2020)

Fintech Labs Insights

Description: Alternative credit scoring and lending in emerging markets. HQ: Little Rock, Arkansas. Metrics: – LOIs with 3 major non-profits – $80M of aid payments already committed – Another $87M in pipeline – 1% global market share BEFORE full launch. You can watch the entire 41-minute program here. HQ: Belmont, CA.

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Top 5 Total Return to Shareholders: #3 ESB Financial Corporation

Jeff For Banks

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Last post was dedicated to the #4 Bank, Bank of the Ozarks of Little Rock, Arkansas (see post here ). They had to grow to survive. I challenged the thinking.