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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. You might also like this guide for smarter, faster small business lending.

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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

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U.S. Bank’s Dominic Venturo to speak at Bank Innovation Build 2019

Bank Innovation

Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Register here.) Bank Innovation Build will bring together industry leaders […].

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. MineralTree bought Atlanta-based Regal Software and California FinTech Inspyrus. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Trackers And Reports.

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Equifax Still Fights To Regain Trust As Q2 Sales Slump

PYMNTS

the Atlanta-based credit reporting agency, reported lower earnings in the second quarter, mainly due to weakness in its U.S. Equifax has made a number of key management changes in recent months to help restore order in its domestic business. Equifax Inc., Net income fell 12 percent to $144.8 million, or $1.19

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Arrived Homes Debuts Rental Real Estate Crowdfunding Platform at TechStars Atlanta (Fintech Startup of the Week)

Fintech Labs Insights

If you are familiar with P2P lending, you’ll instantly get the Arrived Homes platform. Arrived buys the homes, fixes them up and rents them out long-term through a third-party property manager. Status: First 2 properties are live, with “large credit limit” secured to buy more properties. and 10.8%. .

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Data Sharing and Standardization Technology Provider Validis Strengthens Public Relations Efforts by Partnering with William Mills Agency

William Mills

AUSTIN and ATLANTA, August 15, 2018 – Validis , a pioneer of data sharing and standardization technology used by three of the big four accounting firms and 80 percent of the Tier 1 banks in the U.K., Validis is changing how financial institutions lend to businesses. Validis is changing how financial institutions lend to businesses.