PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

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Lending Fintech Guidelines Meeting 134

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending. MarketInvoice.

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Lending Regulation Big Data Risk Management 100

Bank Innovation

MAY 25, 2016

Who could have predicted that Lending Club would do something wrong that caused the Founder CEO to leave and the stock to tank? Black Swan events cannot be predicted. We cannot plan for hurricanes, tsunamis and other extreme weather – we just put that in the Force Majeure clause. Yet Read More.

Big Data 170

Big Data Data Lending 170

FICO

AUGUST 20, 2019

CCB, one of China's "big four" banks, is hoping to unlock this market is by using alternative scoring services to improve the approval and automation rate of its credit card business. . Our new risk-based underwriting strategy is helping to us to maximize our overall profitability while expanding lending to millennials.”. by FICO.

Big Data 40

Big Data Data Marketing Millennials 40

CFPB Monitor

JANUARY 14, 2016

A new FTC report , “Big Data: A Tool for Inclusion or Exclusion? Understanding the Issues,” warns that certain uses of big data consisting of consumer information may implicate various federal consumer protection laws. ET, Ballard Spahr attorneys will hold a webinar, “Big Problems with Big Data?

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Big Data Data Utah Meeting 60

Banking Exchange

AUGUST 29, 2019

Even if people do not have banking history, they do have an online footprint Financial Research Mortgage Credit The Economy Feature Financial Trends Technology Risk Adjusted People Customers Tech Management Online Fair Lending Credit Risk Consumer Compliance Big Data Feature3 Mortgage/CRE Fintech.

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Lending Data Big Data Compliance 60

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

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Lending Capital Fintech Data 109

Banking Exchange

DECEMBER 16, 2020

Ongoing stay at home orders and unemployment continue to create financial obstacles for the most vulnerable consumers Technology Retail Banking Risk Management Feature3 Fintech Feature Financial Research Financial Trends Big Data Covid19 PPP.

Big Data 88

Big Data Risk Management Lending Trends 88

PYMNTS

FEBRUARY 12, 2018

Census Bureau data reports that suggest nearly all retail sales happen in a physical store. Data, in the absence of those frameworks, becomes just a bunch of numbers on a page. What’s driving these market movements is observing the devastating impact Amazon has made on the retail sectors it has entered, regardless of U.S.

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Big Data Data Retail Marketing 135

PYMNTS

APRIL 2, 2020

Every interaction tells banks what customers actually want, meaning FIs just need the right tools to interpret this data. One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87 When number crunching is needed, however, data analytics can help.

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Analytics Data Big Data social media 237

PYMNTS

AUGUST 8, 2017

As the financial crisis unfolded in 2008, they met to discuss what they saw as the rise of FinTech and the increasing availability of financial software and data. such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan.

Lending 105

Lending Capital Fintech Marketing 105

FICO

MAY 5, 2022

How can transaction analytics deliver a major competitive advantage in lending? This is the topic I will be discussing at the Gartner Data & Analytics conference May 9-11 in London. The pandemic highlighted the over-reliance of banks on traditional data when making credit decisions. Here’s a preview. by Peter Ould.

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Analytics Lending Conference Data 52

PYMNTS

MARCH 20, 2020

We see big data and other emerging technologies as a huge opportunity to offer innovative solutions that make financing easier for our customers,” HSBC’s Jeanny Ip, head of global trade and receivables finance in Macau and Hong Kong, told the Post. “As Eight virtual banks are starting operations this year.

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Big Data Lending Regional Operations 203

ABA Community Banking

OCTOBER 3, 2018

As digital lending becomes prevalent, the temptation to “shrink” may significantly impact a bank’s ability to survive and grow Management Financial Trends Technology Big Data Feature3 Fintech.

Lending 56

Lending Big Data Trends Fintech 56

CB Insights

DECEMBER 6, 2021

Kueski , a consumer lending and credit startup, has raised $202M — $102M in Series D funding from StepStone Group, Richmond Global, and Angel Ventures Mexico, among others, and $100M in debt funding from Victory Park Capital. How’s the company performing? Want the full post? Become a CB Insights customer.

Lending 54

Lending Marketing Big Data Online 54

PYMNTS

JANUARY 15, 2018

Switzerland alternative lending company Tradeplus24 is entering the Australian market through a collaboration with Trade Ledger , the companies announced. Reports Friday (Jan. Technology can remove barriers to more sophisticated underwriting that currently exists due to the document-intense nature of trade, he said. “To

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Lending Marketing Fraud Technology 100

PYMNTS

MARCH 10, 2020

The London business lending platform Trade Ledge r is joining forces with Wiserfunding to give lenders and alternative financing providers the ability to evaluate the creditworthiness of its commercial users, Trade Ledger announced Tuesday (March 10).

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Lending Big Data Risk Management Marketing 130

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 EZBob operates the Everline and EZBob online small business lending platforms, and CEO Tomer Guriel said in a statement that the funding “is proof of our game-changing technology and unique approach to business lending.”

Lending 100

Lending Capital Google Security 100

Let's Talk Payments

SEPTEMBER 9, 2016

“We are on the verge of massive change. Technological advances in credit assessment are poised to deliver a huge impact by bringing formal, accessible, and affordable credit to hundreds of.

Big Data 40

Big Data Lending Data Technology 40

Jack Henry

FEBRUARY 7, 2020

As discussed in previous posts in this series, the degree of collaboration within a financial institution’s technology partnerships will play a significant role in determining future success.

Risk Management 78

Risk Management Big Data Management Fintech 78

CFPB Monitor

SEPTEMBER 8, 2022

Although bank lending partnerships with fintechs continue to receive OCC attention, recent remarks by OCC officials indicate that OCC scrutiny is now also directed at partnerships outside of the lending arena. He advised banks to closely monitor risk and compliance in these partnerships.

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Fintech Risk Management Conference Lending 146

FICO

APRIL 21, 2023

This in turn should increase financial inclusion and lending opportunities for credit challenged customers. Allowing customers to easily move between financial institutions should drive competition and innovation at established organizations while breaking down barriers of entry for new market participants.

Data 52

Data Lending Trends Branding 52

PYMNTS

AUGUST 4, 2016

The alternative lending space is crowded — oversaturated, some may say — and in the U.S. marketplace lender OnDeck, alternative lending is likely to be mainstream in Australia as soon as the end of the decade. regulation is likely headed its way. According to U.S. “This is transforming the credit risk analysis process. .”

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Lending Regulation Data Payments 100

PYMNTS

APRIL 28, 2020

The funding will also go toward technological advancements, more improvements on its product suite and better big-data capabilities. Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia.

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Big Data Lending Maine Resources 182

Banking Exchange

NOVEMBER 14, 2019

A timely commentary in light of this week’s news about Apple and Goldman Sachs Management Feature Financial Trends Duties Financial Research Big Data The Economy Technology Tech Management Fair Lending Customers Feature3 Compliance.

Big Data 60

Big Data Apple Compliance Lending 60

Bank Innovation

FEBRUARY 13, 2019

This means Santander is poised to tap into IBM's AI, blockchain and big data offerings. IBM today announced a five-year, $700 million agreement it reached with Banco Santander that will enable the Madrid, Spain-based bank to “accelerate and deepen” its digital transformation to a more open, flexible institution.

Big Data 199

Big Data blockchain Data Operations 199

Abrigo

APRIL 21, 2016

Banks and credit unions have access to more data than they can use to help them identify potential customers, potential cross sales, understand relationship profitability and riskiness of borrowers - predicting future defaults and distinguishing good customers from bad.

How To 150

How To Lending Data Big Data 150

PYMNTS

MARCH 7, 2018

Anecdotally, these firms have been talking for years about the industry’s potential to make significant disruptions in areas like corporate finance, small and medium-sized business (SMB) lending and more. “We And yet, investments continue to pour in — not just for these firms, but for the industry as a whole.

Fintech 131

Fintech Lending Big Data Trends 131

CFPB Monitor

FEBRUARY 13, 2017

Big data report. In January 2016, the FTC issued a report warning that certain uses of big data consisting of consumer information may implicate various federal consumer protection laws. Interagency fair lending task force. The survey could be a prelude to such rulemaking.). Fintech forum.

Report 68

Report Big Data Lending Survey 68

PYMNTS

NOVEMBER 15, 2016

Financial information firm Sageworks has announced its expansion into the world of SME lending. 14) that the company is entering the small business finance space with a new platform that adds to its existing consumer lending, credit risk and portfolio risk management offerings for financial institutions. Reports said Monday (Nov.

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Lending Big Data Risk Management Taxes 100

BankNXT

JANUARY 12, 2017

Auke Douwe Veenstra looks at the year ahead for lending trends, and expects regtech, blockchain and machine learning to play their part. 2017 lending trends for banks on BankNXT.

Trends 40

Trends Lending blockchain Big Data 40

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. Improving The SMB Lending Experience. Asymmetric Information Exchange.

Data 193

Data Lending Capital social media 193

PYMNTS

JUNE 7, 2019

Alternative SMB lending platform Biz2Credit announced $52 million in venture capital funding this week, led by WestBridge Capital, the second round of equity financing for the company that helps banks and other financial institutions manage their SMB lending operations. Yellowbrick Data. Biz2Credit.

Data 139

Data Capital Analytics Lending 139

PYMNTS

MARCH 14, 2017

As small digital lending startups have recently began flourishing across China, government officials are getting ready to exert just a bit more control over them. This crackdown follows a similar move made in recent months to bring more regulatory oversight to P2P lending in China.

Lending 115

Lending Big Data Online Regulation 115

Abrigo

MARCH 6, 2017

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 4) @KarenGMills – Former SBA administrator in the Obama administration, Mills is now a senior fellow at Harvard Business School, writing and Tweeting about small business, lending and fintech. Learn more here.

social media 150

social media Lending Community Community Bank 150

PYMNTS

DECEMBER 23, 2019

When it comes to securities, banking and other finance products which are employing technology such as a facial recognition or big data analytics, technologies to regulate that intelligent finance have lagged behind AI development, according to a report by the China Finance 40 Forum , a platform for finance policy research and academic exchange. “The

Regulation 202

Regulation Groups Policies Big Data 202

PYMNTS

DECEMBER 18, 2018

There are other FinTech niches that are under consideration in what is being billed as this “initial step” within Kenya’s FinTech sandbox, and where such entities may be involved with Big Data and distributed ledger tech (DLT) that does not center around cryptocurrencies (such as blockchain). Poland, Germany and France.

Policies 109

Policies Fintech Big Data Lending 109