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Small business lending insights Vol. 1

Abrigo

Banks and credit unions that do not evolve their lending capabilities face higher operating expenses and are at higher risk of suffering increasing loss rates. Financial institutions should also cultivate opportunities to help existing borrowers manage their business and capital needs. 1 appeared first on Abrigo.

Lending 221
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Develop a more innovative process.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

If the Atlanta Fed’s current GDPNow projection for 1Q24 GDP of +2.1% Credit card and auto delinquencies have risen above pre-pandemic levels. DLJ 03/15/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 146
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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

HQ: Atlanta, Georgia. HQ: Atlanta, Georgia. Gift cards backed with public company equity. Expense management solutions for small businesses. Fingerprint-authenticated payment card. 401(k) management. Using the blockchain for managing records. Source: NY Times , Finovate. First Data Corporation.

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

Fintech Labs Insights

Digtial currency management for small businesses. Wealth management. HQ: Atlanta, Georgia. P2P real estate investment management. Investor tools to manage carbon risk. Tags: SMB, payments, B2B, billing, invoicing, accounts receivables management. Latest round: $45.1 million Series B. BPS Technology.

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The 2019 GonzoBanker Awards

Gonzobanker

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. We salute CEO Frank Weidner, CIO David Mason and Strategic Insights Manager Mike Lindberg for taking this big strategic step.

Idaho 148
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Derivative risk management. Tags: Personal financial management, advice, PFM, retirement planning, employee benefits, insurance. HQ: Bejing, China.

Company 12