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.

Lending 60

Lending Data Big Data Compliance 60

PYMNTS

APRIL 2, 2020

One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87 Data analytics can give banks valuable insights into their customers’ financial lives and help them offer tailored financial products. Data Analytics Behind the Scenes.

Analytics 237

Analytics Data Big Data social media 237

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.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

JANUARY 15, 2018

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

Lending 100

Lending Marketing Fraud Technology 100

PYMNTS

FEBRUARY 12, 2018

Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008. Census Bureau data reports that suggest nearly all retail sales happen in a physical store. percent in 1947.

Big Data 135

Big Data Data Retail Marketing 135

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

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

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).

Lending 130

Lending Big Data Risk Management Marketing 130

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

Let's Talk Payments

SEPTEMBER 9, 2016

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

Big Data 40

Big Data Lending Data Technology 40

PYMNTS

DECEMBER 23, 2019

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. We should not deify artificial intelligence as it could go wrong just like any other technology,” Gang said. billion by 2023, up from an estimated $4.5

Regulation 202

Regulation Groups Policies Big Data 202

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.

Big Data 182

Big Data Lending Maine Groups 182

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. Mr. Hsu expressed significant concern about the safety and soundness implications of these developments.

Fintech 146

Fintech Risk Management Conference Lending 146

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

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

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

Abrigo

JULY 14, 2023

Takeaway 2 Do you have the right technology to efficiently generate strategic insights now and on an ongoing basis? Identify any interrelated goals or issues, then determine the data analytics that will provide the insights. For example, your top goal for next year might be to expand your lending geographic footprint.

Strategy 195

Strategy Data Analytics Analysis 195

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. .”

Lending 100

Lending Regulation Data Payments 100

PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. With a total of $388 million raised this week, newly funded startups are deploying an array of data analytics technologies to address B2B finance friction. Yellowbrick Data. Biz2Credit.

Data 139

Data Capital Analytics Lending 139

Abrigo

APRIL 21, 2016

As technology and data collection improve, banks and credit unions are finding ways to use this information to improve their loan decision making and thus improve their asset quality in the long term.

How To 150

How To Lending Data Big Data 150

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.

Lending 100

Lending Big Data Risk Management Taxes 100

Abrigo

MARCH 6, 2017

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 2) @GonzoBanker – Cornerstone Advisors’ totally opinionated take on technologies, strategies, vendors and “anything else we run across in the trenches of the banking industry.” Learn more here.

social media 150

social media Lending Community Community Bank 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

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

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. In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers.

Report 68

Report Big Data Lending Survey 68

ABA Community Banking

OCTOBER 29, 2018

High-risk verticals don’t have to be for dare devils Business Credit Bank Performance Financial Research Feature Management Financial Trends Technology Performance Fair Lending Big Data Feature3 Commercial Fintech.

Big Data 40

Big Data Lending Trends Fintech 40

PYMNTS

NOVEMBER 20, 2017

China CITIC Bank and Baidu are following in the footsteps of other technology and financial companies that have joined forces to launch FinTech businesses. At a launch event covered by Reuters, Li Rudong, president of the new bank, said 60 percent of the new company’s staff will be comprised of technology workers.

Big Data 100

Big Data Fintech Online Lending 100

Abrigo

MAY 31, 2017

This organic growth in implementing an analytics solution seems to go against the urgency of big data analytics created in the press. The implementation of lending software, like that provided by Sageworks to community banks and credit unions, requires a similar, systematic approach for onboarding. Koechlein states.

Software 150

Software Analytics Training Case Study 150

Fintech Labs Insights

MARCH 13, 2017

How are the big trends in fintech like virtual reality, the blockchain, and big data analytics dictating trends in proptech? It is worth keeping in mind that trends in proptech are controlled by the same forces that drive trends in other parts of technology such as fintech. Big Brains and Big Data.

Big Data 20

Big Data blockchain Data Trends 20

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Big Data 100

Big Data Analytics Data Survey 100

Celent Banking

SEPTEMBER 30, 2015

While Dan was the one really working (he presented on “How Big Data can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders.

America 100

America Fintech Big Data Regional 100

PYMNTS

APRIL 8, 2016

In small business lending, the rush of alternative players entering the market is beginning to give way to consolidation — or, at least, collaboration. Such technology is a natural fit for any lender, traditional or otherwise. Good Data, Bad Data. Should they build capacity themselves?

Analytics 100

Analytics Data Lending Big Data 100

BankUnderground

JUNE 25, 2020

But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows. Big Data and financial services. Conclusion.

Data 105

Data Big Data Regulation Risk Management 105

American Banker

AUGUST 8, 2016

Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.

Big Data 28

Big Data Risk Management Data Analysis 28

PYMNTS

AUGUST 12, 2016

8) a $1 million seed round for its solution, which provides technology to identify the most efficient and cost-effective payment rail for B2B payments. Alternative Lending. The company said it will use the support to grow its presence in the alternative small business lending space through marketing and developing.

Big Data 100

Big Data Software Capital Cards 100

Bank Innovation

SEPTEMBER 28, 2016

If you look hard enough, you can find a startup for anything nowadays: you can exchange diamonds through the world’s first P2P diamond exchange, for example, buy a handbag in installments, and invest in big data companies one five-dollar micro-investment at a time, probably all without leaving your house (or Read More.

Big Data 150

Big Data Examples Data Company 150

FICO

JUNE 28, 2018

Shanghai Pudong Development Bank (SPDB) Credit Card Center, a credit card lending pioneer in China, has increased its customer base using originations powered by technology from analytics software firm FICO. FICO’s big data AI analytics has reduced risk by 50% with an a pproval rate that is four times higher.

Analytics 51

Analytics Cards How To Big Data 51