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SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults

PYMNTS

In a statement at the time, the FI’s CEO, Rana Kapoor, said the B2B payment landscape was in the midst of a “tectonic shift with the influx of new financial technologies revolutionizing the way banking services are offered to corporate and retail customers.” Rising Risks, Demand For Digitization: A Double Threat.

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Singapore’s Hong Leong Eyes SMBs In Virtual Banking Pursuit

PYMNTS

Small and medium-sized businesses make up about 70 percent of Hong Leong’s loan book, with the firm requiring potential borrowers to provide a history of financial information before approving new loans. The FinTechs have one advantage: they lend against data,” Ang said.

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The 7 Biggest AI Conferences for Financial Services, Banking & Fintech in 2024

Fintech Labs Insights

These are the biggest and best events in the financial services space for technologists, product managers, developers, marketers and C-Suite execs at both financial institutions and fintech firms. Note: See below for specialized financial technology calendars including insuretech , general banking events and more.)

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LendingClub Settles With SEC, DOJ

PYMNTS

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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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. There’s nothing more Gonzo than a CEO who simply bleeds the soul of front-line relationship managers, and Brager could write a bestselling book on this topic. Look for her just-released book Suits and Skirts.). The Generational War Award.

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Top 13 Bank, Fintech & Financial Services Marketing Conferences

Fintech Labs Insights

We expect the calendar to expand as we progress through the year. Some events pay referral or listing fees, which could impact positioning. Related: The 37 Biggest Fintech Conferences & Events in 2024 Mercury Adds Subscription Monitoring to its Banking Services Best New Fintech Products & Trends of 2024 (Feb update)

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Canadian Fintech Market Map

CB Insights

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Companies in this subcategory (1) provide technology to accounting and tax, bookkeeping, and expense management players, or (2) leverage technology to provide these services directly to end-users.

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