PYMNTS

OCTOBER 20, 2017

Levchin founded Affirm because, as he sees it, there is a serious “misalignment of goals” in a lot of lending that goes on — insofar as there are businesses whose entire model is built on fat late fees and a hope that their consumers will fail to managed their finances correctly enough to pay their loans on time.

Lending 101

Lending Maine Conference Retail 101

Perficient

JANUARY 16, 2023

It was a 1970s version of a retailer offering a financial product – credit, to enable sales and, if mom didn’t pay the charge in full at the end of the month, increase profits on the transaction via charging interest. This can include offering lending services or creating embedded bank accounts for other businesses or consumers.

blockchain 275

blockchain Software Customer Experience Strategy 275

South State Correspondent

AUGUST 21, 2023

By relying on retail CDs, banks cannibalize their lower cost of retail funding and increase their deposit beta. As deposits reprice faster than loans, banks with more retail interest-bearing accounts will experience more funding strains and lower NIM.

Community Bank 195

Community Bank Community Capital Analysis 195

CFPB Monitor

APRIL 19, 2016

They are being honored for their article entitled “Auto Finance and Disparate Impact: Substantive Lessons Learned from Class Certification Decisions,” which was published in the May 1, 2015, edition of the Consumer Financial Services Law Report.

Washington 60

Washington Retail Lending Report 60

South State Correspondent

MAY 23, 2023

Lending is getting riskier. In this article, we look at what is happening at the state level, look at 30 common industries where credit risk is rising, and 30 industries where credit risk is the lowest. In 2021, we published articles warning bankers against higher rates (for example, HERE ) and the resulting impact on credit.

Trends 195

Trends Minnesota North Dakota Arizona 195

South State Correspondent

FEBRUARY 29, 2024

This article provides an update on pricing trends driven by our Loan Command aggregated community bank data and highlights some commercial loan insights that can improve bank performance. Lower lending growth in key size categories, such as the $1 to $3M range, saw less competition so that banks could increase pricing.

Trends 195

Trends Community Bank Community United States 195

Abrigo

MAY 8, 2024

Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence. Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated.

Examples 221

Examples Fraud Resources Risk Management 221

Abrigo

MARCH 24, 2021

Would you like others articles like this in your inbox? Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Here's what they're doing. Pandemic-Induced Transformations.

Lending 221

Lending Technology Survey Examples 221

Abrigo

AUGUST 8, 2021

Would you like other articles on loan review in your inbox? This article is substantially updated from a 2013 blog post. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions. Reviewing lending staff’s risk ratings. Identifying Credit Weaknesses.

System 195

System Lending Policies Regulation 195

South State Correspondent

AUGUST 15, 2023

This article provides an update on pricing trends driven by our Loan Command aggregated community bank data and highlights some working pricing ideas. Regarding loan growth, lending continues to be at the slowest pace since 2008. Retail probabilities of default remain flat (compared to 2Q) but elevated.

Trends 195

Trends Community Bank Community Lending 195

Gonzobanker

MARCH 13, 2018

As many community banks focus on growing their commercial lending businesses, many are embarking on transformation initiatives to improve their capabilities and competitiveness. But improving the user experience is rarely a goal of a lending transformation. Not surprisingly, many look to technology to support the transformation.

Lending 60

Lending Technology User Experience Data 60

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Lending Club Algorithms . It is truly not our intention to call out Lending Club week after week in this column as a fizzle. Pokémon GO: Pet Rock or Opportunity To Rock Retail?

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

OCTOBER 22, 2018

According to the statement, “the acquisition will enable NCR to integrate a cloud-based payments platform into its enterprise point-of-sale solutions for retail and hospitality industries. NCR, meanwhile, enables 760 million transactions daily across financial, retail, hospitality, travel, telecom and technology industries.

Payments 136

Payments Pennsylvania Capital Strategy 136

South State Correspondent

MAY 1, 2024

This article highlights Gentle Monster’s five-step process that might change how you look at the future. Each store is closer to an art exhibit than a retail outlet. It’s amazing how the Company chooses creativity and storytelling over the rules of what a retail experience should be.

Innovation 195

Innovation social media Branding Marketing 195

FICO

NOVEMBER 30, 2022

Profitability and Customer Financial Health in Retail Banking. In my recent Forbes article , I explored a vision for the future of retail banking where the customer’s complete financial wellness is at the center of decision making. Here’s how to strike a balance that delivers long-term benefits for customers' financial health.

Retail 52

Retail Data Analytics Fraud 52

Gonzobanker

JUNE 13, 2018

Seriously, even the most optimistic head of retail banking would be unable to suppress giggles at the wisdom of potentially 36,000 more bank branches across the country. No, it’s going to take outside partnership to pull this off without the next USPS headline being something like “USPS Payday Lending Loses $1B in 3 rd Quarter.”

Lending 68

Lending Industry Study Strategy 68

South State Correspondent

JULY 11, 2022

In this article, we give you our top five lessons to inspire your bank to adopt AI in marketing or leverage our data to improve your effort. However, instead of incurring a $10 cost or missing out on a $10 profit, you are likely missing out on a $300 profit for a retail bank customer and hundreds of thousands for some commercial customers.

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Marketing Data social media Groups 195

South State Correspondent

SEPTEMBER 27, 2023

Ask most banks how they construct their lending portfolio, and they say that “it is what the market gives them.” In this article, we analyze a typical bank loan portfolio to uncover its weaknesses and then point out some improvements that can be put into place over the next year to limit risk. It is time to take risk off.

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Lending US Marketing Capital 195

South State Correspondent

APRIL 10, 2023

This article explores the risk and what to do about it. In secondary and tertiary markets, it is only smaller financial institutions lending. The writing was on the wall in late 2007; however, many community banks continued to lend at a rapid pace through 2008, not knowing they were headed full steam into a recession.

Community Bank 195

Community Bank Community Los Angeles Regional 195

Abrigo

MARCH 6, 2017

Following the right people or organizations on Twitter, for example, can generate a steady stream of informative articles and news alerts. His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. It often Tweets columns tied to breaking news and statistics.

social media 150

social media Lending Community Community Bank 150

PYMNTS

AUGUST 18, 2019

Following in Afterpay ’s footsteps, the leader in “buy now, pay later” payments, Citi is forming a partnership with online retailer Kogan.com to let existing credit card customers switch to installment loans at the point of sale (POS). The fee will be calculated as a percentage of the purchase price, ranging from 0.5

Cards 135

Cards Lending Retail Security 135

MyBankTracker

AUGUST 11, 2020

Acima is a financing solution if you’re looking to buy appliances, mattresses, car tires, and other retail purchases. Once you find what you’re looking for, Acima will purchase the merchandise from the retailer and then rent it to you. ” You can apply online or in-person at the retailer’s store.

Retail 52

Retail Cards Wisconsin Security 52

PYMNTS

NOVEMBER 3, 2017

regulated retail bank, it would diversify our funding sources whilst helping to alleviate post-Brexit uncertainty and ensure we continue to provide lending products.”. The combined lending by VW, Mercedes-Benz owner Daimler, BMW and Renault has more than doubled to €400 billion since the financial crisis.

Lending 100

Lending Regulation Groups Branding 100

Abrigo

JULY 14, 2023

Would you like other articles like this in your inbox? Analysis should be performed on concentrations, as a percentage of capital, in terms of: (1) Collateral type such as multifamily, retail, office, etc. (2) For example, your top goal for next year might be to expand your lending geographic footprint. CRE concentration report.

Strategy 195

Strategy Data Analytics Analysis 195

Abrigo

MARCH 13, 2024

Would you like other articles like this in your inbox? CRE is now arguably the riskiest asset class due to a perfect storm of: Systemic changes in the way we utilize real estate (not just office, but retail, housing, and other sectors). Unprecedented increases in interest rates from an abnormally historic low-rate environment.

Strategy 221

Strategy Course Meeting Taxes 221

PYMNTS

OCTOBER 25, 2019

Better results in the retail division are important to help Citigroup meets “its 2020 return on tangible equity target of 13.5 percent,” the article said. Earlier this month, Citi was appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition.

Strategy 101

Strategy America Lending Meeting 101

Celent Banking

FEBRUARY 28, 2017

This is the next article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. This week’s article focuses on Model Bank entries in the Products category. Lending Product — for the most impressive consumer or business lending or collections initiative.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

This is the next article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. This week’s article focuses on Model Bank entries in the Products category. Lending Product — for the most impressive consumer or business lending or collections initiative.

Innovation 100

Innovation Lending Boston Trends 100

FICO

FEBRUARY 21, 2020

I wrote an article in Bank Business about the big 3 consumer banking trends I see happening in 2020. For the year 2020, I decided to talk about 3 big trends I see happening this year: The personal loan business will become the retail installment space. How accurate were my predications? Do you agree or disagree with my predictions?

Trends 52

Trends Banking Trends Analysis Lending 52

PYMNTS

APRIL 30, 2018

Marketplace lending. According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Gonzobanker

NOVEMBER 18, 2014

After Retail Delivery had some mushy general sessions a few years ago, this is the second year in a row we have seen some provocative stuff on the main stage. So, isn’t retail delivery about consumer lending? Big thanks to Terence Roche and Jim Burson for their contributions to this article. General Sessions.

Chicago 97

Chicago Retail Branch Design Training 97

PYMNTS

MARCH 21, 2019

When it comes to the length of time for which users can rent an article of clothing, Prew said the company has rental periods from seven days up to a month in seven-day increments. The Fashion Lending Platform. From American Eagle to Rent the Runway, retailers are tapping into fashion rentals.

Retail 130

Retail Millennials Company Security 130

PYMNTS

DECEMBER 30, 2019

And, in some cases, brick-and-mortar retailers brought these concepts to their own brands with original takes on clothing rental. Shoppers can then send back their articles for cleaning, and they are returned to the customer without a fee. In 2019, a clothing subscription service also bought a brick-and-mortar retailer.

Retail 133

Retail Branding Company Washington 133

The Financial Brand

JULY 20, 2023

This article Citibank Courts Merchants with a Twist on Embedded Payments Options appeared first on The Financial Brand. Citi Pay ushers in consumer lending options for merchants that go beyond the white-label credit card. In fact, the card part is virtual.

Payments 22

Payments Branding Lending Cards 22

Banking 4 Tomorrow

APRIL 13, 2015

Articles Blogs Customer Experience Future of Banking Payments Retail Banking Technology Innovation Betterment Chase experience features FinTech Jaime Dimon Lending Club mBank Moven process products' However, when we […].

Customer Experience 40

Customer Experience Lending Innovation Fintech 40

Independent Banker

FEBRUARY 24, 2016

Georgia bank propels major growth through niche SBA lending. When Richard Bradshaw became president of specialized lending three years ago at United Community Bank in Blairsville, Ga., the bank’s three-person Small Business Administration department was lending about $10 million a year. By Howard Schneider. Marketing tools.

Community Bank 70

Community Bank Lending Community Georgia 70

Bank Innovation

JUNE 29, 2016

That’s the implication from a recently published article in Fortune. Is Citigroup going to partner with Square to offer the startup’s peer-to-peer payments service to Citi customers? Square Cash was launched by Square in 2013 for P2P payments. The service is available in the U.S., and for both personal or Read More.

Payments 186

Payments Marketing Cards Innovation 186