South State Correspondent

JANUARY 17, 2024

The takeaway is that banks interested in increasing their market-to-book ratio should consider allocating more resources and capital to deposit products and deposit marketing. Many banks have a chief credit officer and a chief lending officer but no chief deposit officer. Both banks, for example, had about $150B in deposits.

Study 195

Study Maine Analytics Capital 195

Abrigo

AUGUST 28, 2019

Slow lending decisions and frustrating loan application processes are among borrowers’ biggest gripes with traditional financial institutions vs competitors such as online or alternative lenders. Drive faster lending decisions. This reduces bottlenecks and is easier for borrowers and lenders. throughout the loan process. Get started.

Lending 150

Lending Analysis Taxes Data 150

Abrigo

NOVEMBER 16, 2016

Bank regulators for many quarters have expressed concern about easing underwriting standards in commercial real estate lending, especially as examiners have noticed increased concentrations of CRE loans in financial institutions’ portfolios. 17 at 2 p.m.

Lending 150

Lending Survey Risk Management Regulation 150

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

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

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

NOVEMBER 4, 2020

Chinese regulators are also growing concerned about the breakneck growth of Ant Group’s lending business. Ant’s lending business not only generated 40 percent of its sales during the first half of 2020, but it also accounted for 10 percent of all consumer loans in China, the FT reports.

Lending 240

Lending Groups Regulation Marketing 240

Jeff For Banks

APRIL 14, 2022

That's the number of books in John Maxfield's banking book library. Doesn't your bank have a bank book library? Two hundred and forty three books. Books are in author last-name order. Because it's a library's worth of books! Two hundred and forty three. How do I know? He sent me his list. Interesting idea.

America 78

America National Denver United States 78

PYMNTS

SEPTEMBER 5, 2016

Reports late last week said the nation’s mid-sized lenders continue to push into the shadow lending segment. Listed as “debt securities classified as receivables,” these shadow loans grew to $1.6 But reports said the latest data suggests regulatory efforts to stifle shadow lending’s growth can go only so far.

Lending 100

Lending National Report Marketing 100

PYMNTS

OCTOBER 21, 2020

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. In the past, the startup was supported by P2P lending and institutional capital. Last year Insight Investment supported the digital lender with a 1.5

Lending 258

Lending Customer Experience US Capital 258

Abrigo

OCTOBER 10, 2023

Industries with high barriers to entry can pose challenges for new businesses but make well-established businesses a more secure investment. Books are easier to buy online than in a store, for example, which may impact your decision to bank a new bookstore. Are there high capital or technological costs?

Analysis 195

Analysis Industry Risk Management Lending 195

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

PYMNTS

MARCH 2, 2016

billion goodwill impairment charge tied to its consumer lending unit. And, in another bit of not-so-good news, the bank said that executives at the consumer lending unit have delayed filing the annual report mandated by the Securities and Exchange Commission, due to lingering concerns on how Santander Consumer USA Holdings Inc.

Lending 100

Lending US United States Company 100

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

MARCH 14, 2022

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. In addition, leveraging lending correspondence software creates a better user experience and streamlines the internal processes. Data security.

Software 195

Software System Policies Data 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. Lending & Credit Risk. Member Business Lending. stay informed.

System 195

System Lending Software Risk Management 195

PYMNTS

JULY 18, 2016

Lending Club continued to prove there is almost always more to the story, American Express announced a surprise collaboration with Airbnb and PayPal pushed harder into B2B payments. Lending Club’s Latest Bad News. The last several weeks of news for Lending Club suggest that there’s a little of both to be had here.

Lending 100

Lending Payments Metro Cards 100

PYMNTS

MARCH 23, 2020

Peer-to-peer (P2P) lending platforms in the U.K. are asking the government for help to continue lending after the coronavirus has ravaged markets around the world, according to a report by the Financial Times. RateSetter , has over 800 million pounds ($924 million) on its loan book. One of the biggest P2P lenders in the U.K.,

Lending 143

Lending Capital Regulation Industry 143

South State Correspondent

APRIL 23, 2023

Fair Value versus Amortized Cost The amortized cost of assets is the accounting treatment applied to securities known as held-to-maturity, or HTM. In the case of SVB, the bank’s HTM securities portfolio was $91.3Bn at the end of 2022, and the bank did not need to provide the fair value of these securities on its balance sheet.

Management 195

Management Security Risk Management social media 195

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

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

Abrigo

DECEMBER 19, 2019

Key Takeaways To book loans more quickly, institutions must create efficiencies and increase loan turnaround. Growing the loan portfolio seems fairly straightforward: book more loans. To book loans more quickly, financial institutions must create efficiencies and increase loan turnaround – without sacrificing quality.

Lending 195

Lending Fraud Community FDIC 195

PYMNTS

JANUARY 3, 2020

While this week saw fewer funding deals on the books, analysts pointed to a busy year for investors, particularly in India. In all, B2B FinTechs secured more than $33.5 Those lending pods aim to connect local small businesses to experts able to assess businesses’ borrowing needs. RunSafe Security. revealed a $6.3

Fintech 142

Fintech Security Capital Lending 142

South State Correspondent

OCTOBER 31, 2023

We argued that a proper strategy and a well-crafted loan proposal letter could help lenders close loans quicker, eliminate more competitors, secure better pricing, and obtain the desired credit structure. Lender : The bank has costs to underwrite, book, and fund the loan. This is a suboptimal outcome for the bank.

Strategy 195

Strategy Examples Exercises Marketing 195

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

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

OCTOBER 3, 2016

Toronto-Dominion Bank is looking to strengthen its corporate lending in the U.S, and according to a top executive at the bank, the FI will do so by acquiring the outstanding loans on the books of foreign lenders looking to retreat from the U.S. Head of TD Securities Glenn Gibson in an interview with Reuters.

US 159

US Lending Strategy Report 159

PYMNTS

JULY 30, 2019

company has won approval for a majority stake in a Chinese securities joint venture. firms were still trying to recover, banks in China pumped up lending and funded a generous economic stimulus package. ICBC has simpler businesses in China, focused on lending,” said Chen Shujin, chief financial analyst at Huatai Securities Co.

Industry 116

Industry Lending Resources Security 116

PYMNTS

DECEMBER 23, 2020

But it also has to be something that parents see as trustworthy, secure, stable and likely to promote financial literacy. The parent is very much more interested in security and financial literacy and building credit and all of these things that I don't think most teens are thinking about. We don't take that lightly.

Fintech 322

Fintech Cards FDIC Lending 322

PYMNTS

JANUARY 21, 2021

Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. The region’s banks have two trillion euros out on loan to small businesses — two-fifths of what is on their business loan books. Plus, REPAY partners with Billtrust, JAGGAER teams with TransferMate and U.S. CFOs ponder their cash reserves.

Payments 212

Payments America Lending Report 212

Abrigo

APRIL 23, 2020

During a webinar hosted by Abrigo, Walter Lara-Figueroa, a Lender Relations Specialist from the North Carolina District Office of the SBA, said lenders should plan to book loans very soon after President Donald Trump signs the bill approving new funding. Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

Lending 221

Lending Los Angeles North Carolina Community 221

PYMNTS

MARCH 23, 2020

In today’s top news, state-owned financial institutions in China are offering incentives to boost consumer lending, and economists at Goldman Sachs and Morgan Stanley predict the coronavirus will be economically devastating. Beijing is looking at personal lending as a way out of the economic crisis brought on by the coronavirus.

Fort Worth 140

Fort Worth Dallas Lending Groups 140

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. million raise announced Monday (April 10). The company said the funds were provided by Mahindra and Mahindra Financial Services and raised against non-convertible debentures (NCD).

Capital 122

Capital Lending Security Report 122

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. TravelPerk.

US 100

US Capital Lending Security 100

PYMNTS

AUGUST 11, 2017

According to a report by the country’s 12 regional Federal Reserve banks, over half of all startups report difficulty in securing loans, and 81 percent report having had to dip into their personal funds to cover gaps in their corporate cash flow. Plus, PayPal can do what it most wants to: meet more of the needs of its customers.

Lending 117

Lending Capital Video Online 117