Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 259

Lending Community San Antonio Survey 259

Abrigo

AUGUST 6, 2021

Takeaway 2 Community banks are at a crossroads: innovate or be left behind (or acquired). 1 Today, community banks are at a critical crossroads: innovate or be left behind (or acquired). . Community banks are critical to ag lending and small business lending. Background on Community Banking. Do we need community banks?

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

OCTOBER 4, 2022

Takeaway 3 Innovation and continued digital transformation are necessary to pull ahead of your competition and take full advantage of rising rates. Lean on innovation. Innovation has created challenges for financial institutions by way of increased types of competitors and products, and innovation can help you lead the pack.

Strategy 195

Strategy eBook Security Management 195

Abrigo

OCTOBER 21, 2020

This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here. He does not expect this trend to stop but we are seeing some interesting innovations from student housing and lodging operators around college campuses. . CRE Lending. CRE Lending.

Marketing 312

Marketing Lending Risk Management Retail 312

Abrigo

DECEMBER 17, 2021

Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . It’s great that more financial institutions are welcoming technological innovations, but banks and credit unions must consider the long-term impact of their partnerships. DOWNLOAD WHITEPAPER .

Fintech 195

Fintech How To Innovation System 195

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

NOVEMBER 12, 2016

In their Spring 2016 Semiannual Risk Perspective , regulators have publicly acknowledged increasing risk in commercial real estate lending, so small business lending seems like it may be an alternative path. Many community banks and credit unions are turning to small business loans as a source of loan growth.

Lending 186

Lending Community Bank Community Analysis 186

Abrigo

OCTOBER 20, 2020

Plan for new technology and innovations. High touch, high service, relationship banking isn’t going anywhere, but we want to bring in innovation and technology that makes that proposition even more true tomorrow than it is today,” Akin said. Planning for new technology and innovations. CRE Lending. SBA Lending.

Management 195

Management Lending Community Strategy 195

Chris Skinner

JUNE 26, 2018

I keep asking dumb questions like: if the tech giants give away payments, lending and credit for free, how will banks make money? As I’ve regularly blogged, the tech giants don’t want to get into banking per se, but they do want to encourage more traction through their platform by … The post What does the future bank look like?

Lending 280

Lending Payments Digital Banking Innovation 280

Abrigo

JUNE 12, 2023

Encouraging innovation : Inconsistent regulations can deter fintech companies from entering certain markets. A national framework would provide a level playing field, fostering innovation and competition in the money transmitter industry.

Compliance 195

Compliance Fraud Regulation Guidelines 195

Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. Last week, Barlow Research, the foremost authority on commercial banking, announced that Sageworks won top honors in its 2017 Monarch Innovation Awards. Enter Sageworks.

Innovation 150

Innovation Taxes Analysis Lending 150

Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

Trends 221

Trends Industry Analytics Compliance 221

Abrigo

APRIL 19, 2016

banks incorporate “responsible innovation” as they adapt quickly to these advances, but what exactly does that mean? In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

MARCH 24, 2021

Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Pandemic-Induced Transformations. Meanwhile, businesses that flourished in the pandemic may look to expand operations.

Lending 221

Lending Technology Survey Examples 221

CFPB Monitor

MAY 25, 2022

The CFPB announced earlier this week that as part of a new approach to innovation in consumer finance, it is replacing its Office of Innovation and Operation Catalyst with a new office, the Office of Competition and Innovation, and eliminating its No Action Letter (NAL) and Compliance Assistance Sandbox (CAS) programs.

Innovation 78

Innovation Compliance Marketing Regulation 78

CFPB Monitor

MAY 7, 2020

The CFPB’s annual fair lending report covering its 2019 activities is scheduled to be published in tomorrow’s Federal Register. The Bureau states that an area of innovation that it is monitoring for fair lending and credit access issues is “artificial intelligence (AI), and more specifically, machine learning (ML), a subset of AI.”

Lending 78

Lending Report FDIC Policies 78

Chris Skinner

FEBRUARY 24, 2017

I wrote a blog the other day for The Next Web. Then FinTech has also gained subcategories like Lending, Analytics, Digital Identity, Cybersecurity, SME Finance, Financial Inclusion, Payments, Roboadvice, Blockchain Distributed Ledgers, Neobanking and more. I thought it was ok, and it has gained a lot of traction socially.

Fintech 342

Fintech Regulation Technology Analytics 342

FICO

SEPTEMBER 6, 2017

In this podcast for Lend Academy, FICO Blog author Dr. Scott Zoldi talks about his role as FICO's Chief Analytics Officer, the company's AI innovations and how they are being applied in credit risk, fraud management and more. For more information, visit the Lend Academy page on this podcast.

Lending 95

Lending Fraud Data Analytics 95

CFPB Monitor

SEPTEMBER 6, 2022

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She will be a regular contributor to our blog.

Groups 78

Groups Minneapolis National Lending 78

Abrigo

JANUARY 30, 2024

The Credit + Lending + Portfolio Risk track will cover topics on managing credit risk, making smarter loans faster, managing the current expected credit loss (CECL), stress testing, and asset/liability management (ALM). The Fighting Financial Crime track will focus on BSA compliance, anti-money-laundering (AML), and fraud detection topics.

Conference 195

Conference Arizona Phoenix Fraud 195

FICO

MAY 5, 2022

How can transaction analytics deliver a major competitive advantage in lending? Transaction data can help increase the speed and accuracy of lending for banks. How FICO Platform Can Help You Achieve Greater Returns from Lending. Discover the power of FICO Platform to help you drive greater value from lending strategies.

Analytics 52

Analytics Lending Conference Data 52

Abrigo

DECEMBER 5, 2023

Working closely with other departments, such as retail and lending, is critical to ensuring enterprise-wide compliance. Financial institutions need individuals who understand the legal requirements and can lead, innovate, and adapt in an ever-changing environment.

Training 221

Training Compliance Regulation Software 221

William Mills

SEPTEMBER 12, 2017

William Mills Agency will be live blogging at FinovateFall 2017. An industry leader in lending and benchmarking solutions for financial institutions. YUKKA Lab AG detects market sentiments and transforms them into innovative tools for the finance and communications industry. Check back for new updates throughout the day.

Samsung 69

Samsung Mobile User Experience Google 69

PYMNTS

SEPTEMBER 29, 2020

Credit unions of various sizes were eager to roll out credit card innovation plans before the COVID-19 pandemic’s onset. These expectations also drove CU executives’ innovation agendas, with 91 percent voicing serious interest in developing card product innovations. Credit Innovation Planning Reset .

San Diego 141

San Diego Innovation Cards California 141

FICO

APRIL 21, 2023

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. This in turn should increase financial inclusion and lending opportunities for credit challenged customers.

Data 52

Data Lending Trends Branding 52

Abrigo

JULY 3, 2019

The lending landscape is growing increasingly competitive, and the loan process can be frustrating and time-consuming. Reduce loan origination costs and lending inefficiencies with Abrigo's Lending Solution. You are looking for a business partner that can provide support, advisory services, innovation, and scalability.

System 150

System Lending Software Data 150

Abrigo

JULY 10, 2020

Using leading technology, innovative BSA/AML software providers are harnessing the power of artificial intelligence (AI) and machine learning for behavior-based analysis. Lending & Credit Risk. Member Business Lending. SBA Lending. Ag Lending. CRE Lending. Lending & Credit Risk. SBA Lending.

Analytics 195

Analytics Software Lending Analysis 195

Abrigo

APRIL 30, 2020

It’s also important to note that other lending options are available to business borrowers, such as the Main Street Lending Program , to help businesses weather the economic shock caused by the coronavirus pandemic. FinCEN Strengthens Commitment to Digital Innovation. Artificial Intelligence. Artificial Intelligence. Learn More.

Los Angeles 273

Los Angeles Lending Resources Software 273

Abrigo

SEPTEMBER 9, 2019

The same is true of financial institutions when they consider technology investments to transform their lending and credit operations. By combining new technology tools and a well-defined workflow process to create efficiency and a better customer experience, bankers have a generational opportunity to innovate and grow earnings.“.

Technology 150

Technology Lending Software Customer Experience 150

Abrigo

JANUARY 25, 2021

The FinCrime track will focus on BSA/AML and fraud detection topics, while the Credit + Lending track will cover topics on managing credit risk and making smarter loans, faster. Lending & Credit Risk. Lending & Credit Risk. SBA Lending. Drive Growth.” Take advantage of early bird pricing before January 31, 2021.

San Antonio 195

San Antonio Conference Lending Texas 195

Jack Henry

JULY 29, 2022

As someone who reads this blog and follows the industry, you’ve likely heard a lot of talk about open banking recently. As we speak, tech behemoths like Google and Amazon continue to take an innovative approach to customer engagement and expansion. Consumers clearly want freedom, flexibility, and choice.

User Experience 78

User Experience Google Lending Industry 78

PYMNTS

NOVEMBER 17, 2020

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes.

Fintech 247

Fintech Alabama Lending Software 247

FICO

OCTOBER 24, 2022

Score 10 T gives mortgage lenders the flexibility and predictive power to make more precise lending decisions. FICO Score 10 T is a significant improvement over the current FICO Scores used in mortgage lending today. FICO will continue to innovate and provide the industry with the most predictive and reliable measure of credit risk.

Lending 93

Lending Trends Data Analytics 93

PYMNTS

AUGUST 4, 2017

However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S.

Community Bank 116

Community Bank Community Innovation Millennials 116

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. Banks are certainly not playing hide and seek with P2P lending. Regulation is an important issue for banks to get into P2P lending and depending the country, there may be restrictions.

Maine 100

Maine Lending Regulation Risk Management 100

CFPB Monitor

NOVEMBER 15, 2018

Innovation. While the OCC’s encouragement of small-dollar lending was in one sense a welcome development, the OCC bulletin raised several concerns. Alternatives. Other considerations.

FDIC 60

FDIC Lending National Examples 60