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B2B FinTech On The Cusp Of Change

PYMNTS

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. Those services include bitcoin and peer-to-peer lending, analysts said. 65% of U.K. percent of borrower applications.

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What two credit unions can teach banks about marketing

American Banker

Crane Credit Union has taken an Instagram Stories-like approach, while Certified Federal Credit Union is crafting personalized email messages.

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Lending: When Technology Makes the Call

Banking 2020

For now, the focus is on new and smaller players using complex algorithms to determine worthy recipients, but let’s not make the mistake of assuming that it will stay a niche market. Spotlight analytics credit digital tools lending technology' In fact, there’s enormous potential here.

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FI Highlight: Harborstone Credit Union

Banking 2020

You recently launched CUneXus Comprehensive Pre-Screened Lending (CPL) Solution. The CUneXus CPL solution expanded a traditional, quarterly, pre-screened, auto preapproval campaign to a pre-screened multi-loan offering that members can access at any time using online banking. Can you tell us more about that program and partnership?

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China key to banking and payments innovation

Banking 2020

Baidu, for example, while known primarily as a search engine, is also able to use the huge amounts of data it collects to forecast stock markets. The fund not only sold out within the first morning, but has consistently outperformed the market since. ”

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How to Build a Banking Customer for Life

Banking 2020

This may also be an opportunity for you to discuss any savings, lending, and insurance products you offer that could be helpful. Couple could benefit from opening a savings or money market account to use as their wedding fund and discussing opening up joint accounts together in the future.

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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. According to FDIC Data Calls as outlined in the Forbes , in the 4th Quarter of 2014, traditional banks’ commercial loan portfolios saw a 3.1%