PYMNTS

JULY 6, 2020

The small- to medium-sized business (SMB) lending industry is in a unique position during the pandemic. This importance is especially tangible because many SMBs remain underserved by traditional banks, Kathryn Petralia , co-founder and president of Atlanta, Georgia-based SMB lender Kabbage , explained in a recent interview with PYMNTS. “Of

Georgia 147

Georgia Atlanta Tools Lending 147

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. 161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Bank Innovation

APRIL 5, 2016

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October.

Atlanta 150

Atlanta Company Lending Capital 150

South State Correspondent

JANUARY 4, 2023

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. Remember all those five-year fixed-rate loans you booked at 4%?

Community Bank 195

Community Bank Capital Training Lending 195

Abrigo

JANUARY 22, 2015

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JULY 26, 2018

the Atlanta-based credit reporting agency, reported lower earnings in the second quarter, mainly due to weakness in its U.S. Information Services [USIS] business, including lower revenue in both its online information solutions and financial marketing services businesses. Equifax Inc., Net income fell 12 percent to $144.8 a share.

North Carolina 101

North Carolina Atlanta Maine Data 101

Jeff For Banks

DECEMBER 10, 2023

They provide white label payments and depository services (think Paypal, Chime) and deploy that funding into specialized lending programs such as lending to wealth management firms, commercial fleet leasing, and real estate bridge lending. Its founder, Heman Perry, served as the first chairman of the board.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

PYMNTS

OCTOBER 4, 2019

That’s essentially the thinking behind a new online-focused company called Drum , designed as a souped-up affiliate marketing and networking service via which businesses, no matter how small or large, can essentially crowdsource a solid salesforce.

New York City 108

New York City Retail Atlanta US 108

William Mills

AUGUST 15, 2018

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.

Technology 41

Technology Data Atlanta Austin 41

Independent Banker

AUGUST 26, 2015

Legally and operationally, digital John Hancocks come of age in lending. Electronic signatures “absolutely” have helped PrivatePlus Mortgage expand its residential mortgage lending reach nationwide, says Lia Webster. By Howard Schneider. The process can begin much faster.”. Fewer errors.

San Francisco 70

San Francisco Lending System Atlanta 70

Fintech Labs Insights

MAY 12, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. HQ: Atlanta.

Atlanta 15

Atlanta Utah DC Detroit 15

CB Insights

MAY 16, 2018

GreenSky is a digital lending platform that partners with home contractors, specialty retailers, and healthcare professionals to offer consumers point-of-sale financing. In 2017, the Atlanta-based fintech unicorn did $326M in total revenue. Home Depot is a prominent partner of the digital lending platform.

Lending 35

Lending Atlanta Fintech Marketing 35

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. HQ: Atlanta.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. HQ: Atlanta.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. HQ: Atlanta.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 4, 2020

Other significant changes: Lufax : The Chinese online lender went public Oct 30 and is worth $30B based on current trading, a 20% decline from its latest private-company valuation of $39B Root : The high tech auto insurer went public Oct 28 , and is now trading at a $5.8B Tinkoff currently has a market cap of $5.1B valuation. _. *To

Fintech 15

Fintech Atlanta Lending Company 15

Fintech Labs Insights

AUGUST 17, 2015

Four out of the top 100 companies are Finovate alums: Kabbage , provides working capital to small businesses online. Headquarters: Atlanta, GA. WePay , payment technology provider for online platforms and marketplaces. Prosper , online P2P lending platform. Headquarters: Atlanta, GA. Founded: 2009.

San Francisco 12

San Francisco CA Atlanta Big Data 12

Fintech Labs Insights

JUNE 22, 2016

Small business lending platform Kabbage added a big name to its list of bank partners today. The Atlanta-based company announced it has teamed up with Scotiabank , a Canadian bank that contributed to the alt-lender’s $135 million funding round last October.

San Francisco 14

San Francisco Atlanta Lending Cards 14

Gonzobanker

JANUARY 19, 2015

New you are able to(Ap)Vital discounts drew american to store y simply and online for holiday gifts component to november, providing cheer and delivering the best gains for retailers in four years! ? ! Fifty five billion till the time mon venture, according to research lending broker com no., a in search of firm.Th a in search of firm.Th

Retail 60

Retail Atlanta Survey Online 60

Fintech Labs Insights

JULY 31, 2015

About 80% of the money this week ($479 million) flowed to Finovate and FinDEVr alums, our biggest week ever (not including the Lending Club IPO which raised $865 million). To put that in perspective, during all of 2014 our alums raised just over $1 billion (excludes IPOs (Yodlee, OnDeck, and Lending Club). HQ: Atlanta, Georgia.

San Francisco 12

San Francisco Fintech Company New York City 12

Fintech Labs Insights

JANUARY 13, 2016

Lendful Financial. Online alt-lender. Online accounting. Consumer lending software for financial institutions. HQ: Atlanta, Georgia. Tags: SMB, lending, loans, commercial lending, underwriting, alt-lender, Accion (investor). Total raised: $319.7 million ($44.7 million Equity, $275 million Debt).

Company 12

Company New York City Fintech Lending 12

Fintech Labs Insights

APRIL 4, 2016

Consumer online investment platform. HQ: Atlanta, Georgia. Tags: Consumer, lending, deposits, loans, payments, banking, underbanked, non-banked. Latest round: $150 million Private Equity. Total raised: Unknown. HQ: Minneapolis, Minnesota. Source: Crunchbase. Betterment. Total raised: $205 million. HQ: New York City. LoanLogics.

New York City 12

New York City Company Fintech California 12

William Mills

MAY 11, 2016

Chip card reader for when customers are shopping online to improve security. Integrate with any online merchant site. Customers can store all of their online profiles in one secure location to improve user experience. ^KT. In parts of Asia online enrollment requires someway to show the person’s face to onboard.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

JANUARY 18, 2016

Online marketplace for real estate investing. Online consumer lending. HQ: Atlanta, Georgia. Person-to-person small biz lending platform. Multi-family lending management. Tags: Consumer, credit, lending, loans, underwriting, investing, P2P, student loans. Source: Crunchbase. Total raised: $136.7

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

MARCH 22, 2016

million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. HQ: Atlanta, Georgia. P2P real estate lending marketplace. Peer-to-peer lending marketplace. Tags: Consumers, lending, credit, P2P, crowdfunding, investing, underwriting, loans.

Company 12

Company New York City Fintech Colorado 12

South State Correspondent

APRIL 6, 2022

Making loans is central to your bank’s operations, and lending has a compounding effect on profitability. Since PPI includes commodities, other banks look at wage inflation (since that composes about 82% of a bank’s cost) and use Federal Reserve Atlanta to track it. Here, wage growth has been running at about 5.8%.

Capital 195

Capital Training Management Atlanta 195

Independent Banker

OCTOBER 28, 2014

With competition from big banks, online banks and credit unions, the community banking sector must focus their efforts on what makes them unique: a local bank employing local people to serve the local customers.”. Lending, transaction data. Community banks generally do well in harvesting their lending data, Bhalla says.

Data 88

Data social media Community Bank Community 88

William Mills

SEPTEMBER 9, 2016

International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. Working for the past 6 years with many banks to design their online experience. Showing two different types of customers and how one person sees his online experience.

social media 40

social media ATM Mobile Customer Experience 40

Independent Banker

NOVEMBER 13, 2014

With competition from big banks, online banks and credit unions, the community banking sector must focus their efforts on what makes them unique: a local bank employing local people to serve the local customers.”. Lending, transaction data. Community banks generally do well in harvesting their lending data, Bhalla says.

Data 70

Data social media Community Bank Community 70

FICO

SEPTEMBER 4, 2018

Check out this short video where Angela Baker, senior vice president, business lending & payment solutions group product manager at SunTrust explains why collection optimization was a priority for the online retailer. Sun Trust is located in Atlanta Georgia. embed][link]. Angela Baker, senior vice president, SunTrust .

Georgia 49

Georgia Atlanta US Video 49

FICO

SEPTEMBER 19, 2018

Check out this short video where Angela Baker, senior vice president, business lending & payment solutions group product manager at SunTrust explains why optimization was a priority for the online retailer. Sun Trust is located in Atlanta Georgia. embed][link]. Angela Baker, senior vice president, SunTrust .

Georgia 40

Georgia Atlanta US Video 40

Gonzobanker

DECEMBER 20, 2019

Chime is a category killer in new digital accounts opened, but it’s still not clear how small online payment accounts and debit interchange will create a future earnings. The merger deal itself made total sense, but goodbye to one of the brightest, sunniest industry brand names and an Atlanta hallmark. What the heckist?

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

JUNE 27, 2016

HQ: Atlanta, Gerogia. P2P lending platform. Online alternative investments. Online tax preparation. Tags: Enterprise, online marketing, account opening, marketing, lead gen. Latest round: $238 million IPO. Total raised: Unknown. Source: FT Partners. Latest round: $153 million Series C. Total raised: $177 million.

Company 17

Company Fintech San Francisco New York City 17

William Mills

MAY 9, 2018

A TON of really old technology is being used in mortgage lending. Scott Graf is one of the presenters, a great, smart exec from Atlanta. Fiserv is highly regarded for its leadership and innovation, and award-winning solutions for mobile and online banking, payments, risk management, data analytics and core account processing.

Security 40

Security Samsung Strategy San Jose 40

William Mills

SEPTEMBER 7, 2016

Showing a customer going online via their PC browser to make a payment by buying currency and I assume sending to someone else in a different currency. I’ve always wondered when gift cards will move more online; so much of it today is still the rack display at CVS, Walgreens, Walmart or other stores offline. Boy, that’s the truth.

Mobile 40

Mobile Cards Fraud Data 40

PYMNTS

JANUARY 3, 2017

“[Overdrafts] allow customers to spend money they don’t have — then punish them for it,” notes Josh Reich, co-founder and CEO of Simple, an online bank based in Portland, Oregon. percent since the same period last year, according to data out of FIG Partners of Atlanta. billion between July and September, up 2.4 percent range.

Regulation 104

Regulation North Carolina San Francisco Portland 104

Abrigo

APRIL 18, 2020

Atlanta Federal Reserve Bank President Raphael Bostic said Thursday small businesses may need as much as $500 billion a month to ensure their survival through the coronavirus crisis, suggesting that information could guide discussions on expanding the PPP. We trust we will catch the other 5% when additional funding is provided.”

Lending 195

Lending Wyoming Maine Nebraska 195