Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. Takeaway 2 Carefully considering a new customer's industry ensures it is a good fit for your risk appetite and helps better manage your customer relationship.

Analysis 195

Analysis Industry Risk Management Lending 195

South State Correspondent

APRIL 23, 2023

The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple. Bankers need to understand and manage their business on the fair value of assets and liabilities instead of managing their business on net interest margin and the amortized historical cost of assets and liabilities.

Management 195

Management Security Risk Management social media 195

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. 28), claiming that XRP is a “cryptocurrency asset,” not a security, CoinDesk reported, citing the company’s press release.

Capital 175

Capital Security cryptocurrency Fraud 175

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. 3) that it secured $250 million in equity funding from a subsidiary of SoftBank Group.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

APRIL 2, 2020

Of that sum, $250 million will be invested by the government into the Judo Bank lending warehouse, through the Australian Office of Financial Management’s (AOFM) Australian Business Securitisation Fund. Hornery said the bank’s demand was high and their deposit book currently sits at $1.4

Security 167

Security Lending Fintech Management 167

Abrigo

MARCH 14, 2022

Accessibility of data for loan officers, managers and potentially external loan review personnel. Access should be easy but not at the expense of data security. Make sure redundant security measures are in place and the required encryption standards. Data security. Learn how to book loans faster while managing risk.

Software 195

Software System Policies Data 195

Abrigo

FEBRUARY 24, 2022

As described in the first post of this series , a key component of effective asset/liability management (ALM) is managing risks. ALM 101: Introduction to Asset/Liability Management. Institutions secure financial instruments at a certain rate based on the market rates as of a specific point in time. Earnings at Risk.

Management 195

Management Analysis Strategy Policies 195

Abrigo

AUGUST 30, 2022

You might also like this webinar on commercial lending strategy. Typically, financial institutions can get a higher net interest margin opportunity when they book a loan than they can by buying an investment. The lack of alternative options in a rising-rate environment may be a factor when deciding to expand into commercial lending.

Strategy 195

Strategy Lending Risk Management Analysis 195

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. Loan administration is a basic and yet far-reaching process of lending. Find out about upcoming free lending/credit webinars. Your loan administration should help detect emerging problems and improve auditability.

System 195

System Lending Software Risk Management 195

PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. However, the FI can still lend and take deposits. All are retiring in April, May or June.

Risk Management 100

Risk Management Management Compliance Groups 100

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

BankBazaar

JUNE 23, 2019

If you own a vehicle, you will know how important an RC book/card is. In case the vehicle has been bought with a loan, you may also need to obtain a No Objection Certificate (NOC) from the lending bank, mentioning that they have no issue with the RTO giving you a duplicate RC card. This will be in duplicate. Learn About Car Insurance.

Cards 84

Cards Taxes Regional Lending 84

Gonzobanker

DECEMBER 8, 2021

Mark Cuban is tweeting about Jill Castilla’s fintech efforts with lending system startup Teslar. Digital Security. . #267 on the list is Thought Machine , a company started only six years ago that recently announced signed core system deals with Chase and Arvest Bank. Fintech investing has gained near sport status. OK, me neither.

Fintech 210

Fintech Los Angeles Lending Analytics 210

PYMNTS

SEPTEMBER 7, 2020

MarketFinance , a FinTech business lender, has secured a £50 million ($65.8 million) loan investment from Viola Credit , the Israeli asset manager, to go toward lending for the U.K.

Fintech 175

Fintech Tools Lending Security 175

PYMNTS

DECEMBER 23, 2020

The 6-year-old who get his hands on Mom’s iPad and manages to rack up $16,000 worth of credit charges for online gaming. The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. We’ve all heard the horror stories. We don't take that lightly.

Fintech 322

Fintech Cards FDIC Lending 322

Abrigo

MAY 30, 2023

Final rule Effective dates & compliance dates for rule 1071 As they do with any new requirement, financial institutions want to know when the CFPB 1071 rule is effective and when they must begin collecting and reporting data on their small business lending activities. Which lenders are counted as “covered financial institutions”?

Compliance 195

Compliance Lending Data Regulation 195

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Lending 193

Lending Capital Analytics Fintech 193

Abrigo

DECEMBER 1, 2020

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

PYMNTS

APRIL 13, 2018

Corporate travel solutions provider TravelPerk secured $21 million in Series B funding this week led by Target Global and Felix Capital. The Spanish company provides Software as a Service to enterprises with an integrated rewards program to help businesses remain on budget when booking business travel.

Lending 129

Lending blockchain Capital Software 129

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. Tradeshift.

US 100

US Capital Lending Security 100

PYMNTS

SEPTEMBER 8, 2017

The companies range from product life cycle management solutions to those that help other SaaS firms retain clients. and Europe, with half of its bookings coming from U.S. This week, the company secured $20 million for its offering, with funds provided by GGV Capital, Salesforce Ventures and a slew of other backers. SMB Lending.

Capital 162

Capital Software Lending Online 162

PYMNTS

APRIL 11, 2017

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 The company has secured significant venture capital, too. Last year the firm revealed it closed a $25 million Series B funding round led by Capital Management with participation from SAIF Partners, Sequoia Capital and Aspada Ventures.

Capital 122

Capital Lending Security Report 122

PYMNTS

NOVEMBER 9, 2018

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

MAY 11, 2018

Also landing on the board this week are alternative lending, expense management, cybersecurity and blockchain players. Alternative Lending. Expense Management. The company provides cyber insurance for the enterprise coupled with real-time risk management and mitigation. Check out the latest investment rounds below.

Analytics 109

Analytics blockchain California Lending 109

Abrigo

AUGUST 28, 2022

Develop better ag lending workflows before demand picks up. A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. Takeaway 1 Now is the time to plant the seeds for harvesting growth in the ag loan portfolio by creating a better ag lending process.

Lending 195

Lending Analysis System Data 195

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

PYMNTS

FEBRUARY 29, 2016

With the caveat that problem loans on banks’ books tied to auto lending are thus far “at an early stage and manageable,” the warning signs are there that trouble may be in the offing. The data show that the banks had as much as $384 billion of auto loans on the books, but the U.S. Obviously there’s a wide gulf out there.

Lending 100

Lending Data Security Industry 100

PYMNTS

MARCH 27, 2019

It’s what makes sellers feel comfortable with lending their personal properties to buyers whom they have never met. The Outdoorsy platform enables America’s approximate 18 million RV owners to lend their vehicles during the 97 percent of the time that they sit unused on the front lawn. Trust keeps the sharing economy afloat.

Payments 145

Payments Case Study Lending Study 145

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JUNE 24, 2016

India led the competition with the most funding rounds, as investors supported the nation’s efforts to develop the digitization and sophistication of more traditional business operations: eProcurement, eInvoicing, logistics and supply chain management. Alt-Lending. Supply Chain Management. But the U.S. But the U.S.

National 100

National Trends Lending Capital 100

PYMNTS

NOVEMBER 17, 2019

The new group will provide a full suite of lending and banking products for growing technology companies at every development stage, including asset-based solutions, recurring revenue-based revolving lines of credit, treasury management, foreign exchange and more. “We Roberts has nearly 20 years of banking experience.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

MAY 7, 2020

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. The Cash Need. Customers stored more than $1.3

Maine 141

Maine Online Capital Retail 141

PYMNTS

JUNE 29, 2016

According to reports, Shawbrook Group Chief Financial Officer Tom Wood announced his resignation as the bank revealed plans to book an impairment charge of about $12 million as a result of the breach in the second quarter. In other words, the bank had been lending out what some reports described as “dodgy” loans.

Lending 100

Lending Risk Management Meeting National 100

Independent Banker

JULY 29, 2016

ICBA Mortgage® program provides community banks with access to various mortgage lending products and services, including secondary-market service companies. ICBA Securities® broker-dealer institutional investment program offers community banks a full range of investment opportunities and educational resources. Financial Management.

Community Bank 70

Community Bank Community Compliance Lending 70

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. To you, manage your interest rate risk. Economists cite as the main culprit the collapse of the subprime mortgage market — defaults on high-risk housing loans — which led to a credit crunch in the global banking system and a precipitous drop in bank lending. Inflation.

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

JULY 6, 2020

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the only company at the center of questionable activity. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

Fraud 148

Fraud Missouri California Report 148