Bank Innovation
FEBRUARY 19, 2020
LendingClub, the publicly traded digital-lending marketplace, announced Tuesday that it is acquiring Boston-based Radius Bank, which has $1.4 billion in assets and is partnered with several fintech companies. LendingClub will pay $185 million for the acquisition, which the company expects to pay for itself in less than two years.
Bank Innovation
APRIL 21, 2020
The Boston-based bank is creating its own solution in advance of the PPP forgiveness process that will start […]. Radius Bank is standing up a Paycheck Protection Program loan forgiveness tool, even as many banks feel left in the dark by the Small Business Administration, which hasn’t yet released details on how the process will work.
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Celent Banking
FEBRUARY 28, 2017
Lending Product — for the most impressive consumer or business lending or collections initiative. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. The submissions represented two approaches to Open Banking.
Celent Banking
FEBRUARY 28, 2017
Lending Product — for the most impressive consumer or business lending or collections initiative. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. The submissions represented two approaches to Open Banking.
PYMNTS
APRIL 2, 2018
It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.
Fintech Labs Insights
MARCH 14, 2024
Event Spotlight Book No Our other event calendars: Fintech conferences, events and tradeshows Payments & Card industry conferences, events and tradeshows Insurtech conferences, events and tradeshows Banking, Mortgage, Lending & BankTech conferences, events and tradeshows Investment Advisor Technology conferences, events and tradeshows Proptech (..)
Celent Banking
FEBRUARY 24, 2017
When evaluating this year’s Model Bank submissions that are targeted at small business and corporate clients, we identified a number of excellent initiatives in each of the five overall categories: Customer Experience. Operations and Risk. Legacy Transformation / IT Platform Innovations. Emerging Innovation.
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