Remove Atlanta Remove Capital Remove Marketing Remove Risk Management
article thumbnail

Small business lending insights Vol. 1

Abrigo

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221
article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sift Science Eyes Global Fraud Prevention With $53M In Funding

PYMNTS

According to Venture Beat , this latest round of funding was led by Manhattan-based VC firm Stripes Group, with participation from existing investors that include Union Square Ventures, Insight Venture Partners and Spark Capital. based Featurespace and Atlanta-based Pindrop. For example, Palo Alto-based Simility received $17.5

Fraud 108
article thumbnail

Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

US stocks fell 6% to 7% during the first week of January, following world stock markets in a downward spiral. Its stock markets are said to have led the world markets plunge, with clumsy attempts by their regulators’ circuit breakers to stem declines actually making them worse. First and foremost, China is at it again.

article thumbnail

Tech Flex

Independent Banker

in Atlanta is one community bank that tries to be more agile with its technology spending. “If billion-asset community bank’s executive vice president and chief marketing officer. New business initiatives that aren’t budgeted for have to go through a risk assessment process. Flexible anticipation. State Bank and Trust Co.

article thumbnail

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

The fintech sector attracted $266 million in new capital the second week of August. HQ: Atlanta, Georgia. Bigstone Capital. Alt-credit score & risk management for financial institutions in emerging markets. HQ: Atlanta, Georgia. million to alt-auto-title lender Finova Financial. $17 First Access.

article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. Expect more of these slam-dunk in-market mergers that reduce locations 10%+.

Idaho 148