Bank Innovation

JULY 5, 2016

American Express is taking a page from Square’s book and launching an online platform for small business loans of up to $750,000 — but its main target may be banks. The news came today via Bloomberg, which reported funds could be available as soon as two days after loan approval. Read More.

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Lending Maine Online Report 199

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.” He was far from alone.

Lending 100

Lending Capital Compliance Operations 100

Abrigo

OCTOBER 10, 2023

Are there high capital or technological costs? Books are easier to buy online than in a store, for example, which may impact your decision to bank a new bookstore. These questions and considerations can guide your financial institution to a better understanding of industry markets in your area.

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Analysis Industry Risk Management Lending 195

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

South State Correspondent

JANUARY 20, 2023

Rapidly rising rates crushed performance as many banks held a fixed rate constant and/or booked a fixed rate loan at a misguided level. Loan Pricing By Lending Category Last quarter, banks generally did a decent job at pricing their lending sectors correctly, plus getting the return on equity (ROE) that they needed.

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Lending Community Bank Community Data 195

PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

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Lending blockchain Capital Software 129

PYMNTS

OCTOBER 25, 2019

India-based hotel and booking startup OYO has been on a tear lately, landing $1.5 Now, the fast-growing operation is tapping into one of the growing trends in payments and commerce by offering online financing for its many partners. is a new program that has OYO partnering with Biz2Credit , a small business online lending platform.

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Online US Trends Operations 100

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

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Security Fintech Capital Management 204

PYMNTS

AUGUST 11, 2017

Small businesses and startups need to grow — and online lenders of varying stripes have grown up to meet that need. Once easily categorized as “the alternative financial services players” through white labeling, partnerships and acquisitions, these alternative online lenders are very much becoming part of mainstream operations.

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Lending Capital Video Online 117

PYMNTS

MAY 7, 2020

All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. But revisiting management commentary and specific sub-segments of the reported data — specifically Square Capital and Cash App — shed additional light on where merchants see opportunity and challenge right now.

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Maine Online Capital Retail 141

PYMNTS

APRIL 5, 2019

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. local time, as per National Automated Clearing House Association (NACHA) caps, as long as small businesses complete their booking or line of credit draw by 10:30 a.m. on a business day.

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Capital Lending America Online 109

PYMNTS

JANUARY 13, 2021

“I was surprised by the opportunity of monetization in 2020 during the pandemic, not just by our wealth accounts but also by lending.”. It also provides lending services such as merchant cash loans, personal loans, and credit cards.

Digital Banking 156

Digital Banking Conference Lending Payments 156

Jeff For Banks

DECEMBER 10, 2023

I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. Total return includes two components: capital appreciation and dividends. As both an MDI and CDFI, it applied for and received $80 million from the Emergency Capital Investment Program (ECIP) distributed by the U.S.

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Fresno North Carolina Raleigh FDIC 103

PYMNTS

JUNE 10, 2016

are shying away from alternative lending startups due to the recent controversy within the space, but investors across the pond aren’t hesitating to finance the industry. in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. Alt-Lending. Kikka Capital.

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US Capital Lending Security 100

South State Correspondent

APRIL 6, 2022

Making loans is central to your bank’s operations, and lending has a compounding effect on profitability. Change 1: Cost of Capital and Capital Allocation. Back in 2020, banks’ capital cost was at a record low as it averaged a little under 6% for the industry. A 15% RAROC target equates to about a 1.7%

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Capital Training Management Atlanta 195

Gonzobanker

FEBRUARY 8, 2022

While the term “accretive to book value” is still the best bet for buzzword bingo at AOBA, the real talk centered around digital transformation and fintech disruption. Imagine how non-traditional it must feel at Larry Mazza’s MVB Financial talking about banking services to the online gaming industry. price/book multiple.

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Fintech Customer Experience Conference Technology 167

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Community Bank Capital Training Lending 195

PYMNTS

NOVEMBER 9, 2018

With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. SESAMi/Capital Match. Based in Germany, Fraugster raised more than $13.9 Sempli’s $5.7

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Software North Carolina Capital San Francisco 158

PYMNTS

OCTOBER 15, 2019

Seven Korean investors — NH Investment & Securities, IBK Capital, D3 Jubilee Partners, SB Partners and Shinhan Capital, as well as existing partners IMM Investment and HB Investment — participated in the round. South Korean startup True Balance announced that it has raised $23 million in a Series C funding round.

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Marketing Fintech Training Capital 100

PYMNTS

NOVEMBER 7, 2016

And in addition, Square Capital continues to see strength in demand for online lending, despite the negative headlines that have dominated the alternative lending space. New business activities were soft enough, according to commentary on the call with analysts, that firmwide new sales bookings were up only 7 percent.

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Payments America Lending Capital 161

PYMNTS

JANUARY 30, 2017

A low interest rate environment, said Sharp, means that treasurers must also be mindful of getting returns on assets (and cash) and, for working capital needs, may find that trade finance is a boon to operations. And it’s no small market, as he said that the working capital market is worth as much as $40 trillion.

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Management Lending Capital Survey 100

PYMNTS

MAY 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. The company is also reportedly in talks with international investors about raising $50 million via an equity round that QMS Capital is handling.

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Fintech Marketing America Report 116

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

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Austin Lending Omaha New York City 131

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. Meanwhile, Australia and Ireland revealed their continuing support of the alternative SME lending space, even as the U.S. Alt-Lending. But the U.S. eProcurement.

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National Trends Lending Capital 100

PYMNTS

AUGUST 4, 2017

But for many of these businesses, which are often SMBs or operate as seasonal companies, working capital is tight and uneven, says Pitney Bowes VP Global Financial Services Chris Johnson. For seasonal companies, whose products are in high-demand for only a small portion of the year, this working capital crunch can be even more drastic.

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Capital Operations Management Payments 124

PYMNTS

MARCH 28, 2016

And when it comes to online lending, the bond market just gave it a big thumbs down. As reported at the end of last week, there was a new bond offering in town, and it was tied to a cross section of personal loans that had been advanced by online lender Prosper Marketplace. Sometimes bonds do. Here’s what went down.

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Lending Online United States Course 100

PYMNTS

MARCH 30, 2020

Two-thirds (66 percent) of SMBs expected to see their revenues grow beyond — even well beyond — what they had booked in 2019. Most businesses, SMBs included, plan for rainy days, and have access to capital of some kind to smooth over those lumpy cash flow crunches. A third (33 percent) aren’t sure they will.

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Maine Data Capital Study 232

PYMNTS

MAY 12, 2017

The Spanish company’s Series A funding was led by Atomico and Idinvest, while Point Nine Capital, La Famiglia and Samaipata Ventures also participated. The company supports payment on its online and mobile app platforms. OnTruck also provides a platform for logistics, fleet managers and freight providers accepting jobs.

Fintech 108

Fintech Capital Report Management 108

PYMNTS

JUNE 15, 2016

And one of those rapidly changing topics that’s caused a lot of stir recently has been the evolution of online P2P lending marketplaces. Or, as the Lending Club saga has shown, how difficult it’s become to scale the business model to a level investors expect. “When that starts to happen, the risks spread.”

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Lending Regulation Innovation Operations 100

PYMNTS

OCTOBER 24, 2017

The company announced that going forward, borrowers using OnDeck’s SMB lending marketplace will be able to collect their funds via their debit cards in real time. Instead of a $25K line where they can look at their books and realize they need a thousand, with what we are launching, they can push a button, and it’s there.”.

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Lending Risk Management Cards Study 100

CB Insights

MARCH 20, 2019

Company Description : China-based Meituan Dianping is an e-commerce platform which offers a range of services, from on-demand delivery to car-hailing to travel booking, and more. China Development Bank Capital, Coatue Management, Hillhouse Capital Management, IDG Capital, Temasek Holdings, Tencent Holdings, Tiger Global Management.

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Company San Francisco Capital Software 70

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. “We The Response.

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Lending Fraud Management San Francisco 135

CB Insights

NOVEMBER 21, 2019

Qualifying top five venture capital investors (e.g. venture capital, growth equity, and super angel) and corporates (e.g. corporations and corporate venture capital) must have made equity investments into fintech companies listed on this market map. Capital markets. Blockchain and crypto. digital collectibles”).

Fintech 93

Fintech Marketing US Technology 93

Jeff For Banks

MARCH 27, 2022

In fact, it incents lenders to work against your ROE, promoting larger, thinly priced deals without regard for structure, duration, or capital needed to support the loan. Imagine, holding lenders accountable for the continuous pre-tax profit and ROE improvement of their loan book, like the table below. Think of the cultural change.

Montana 78

Montana Taxes Strategy Leadership 78

PYMNTS

SEPTEMBER 24, 2018

Despite the thousands of articles and books written by self-help experts over the years extolling the benefits of embracing change and incorporating more variety into one’s life, the truth is that trying new things can be a hard thing to motivate people or businesses to do. said John Collison, co-founder and president of Stripe. “As

Data 143

Data Cards San Francisco Online 143

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

FDIC 78

FDIC Community Bank Regulation Lending 78