PYMNTS

JANUARY 28, 2021

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in which banks hold the upper hand, commercial lending included. But an overwhelming surge in demand painfully exposed traditional banks' biggest shortcomings in business lending.

Lending 164

Lending Fintech Operations Software 164

Gonzobanker

AUGUST 11, 2020

It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue. They primarily support – don’t compete with – federally insured bank lending. or 26X revenue but quickly doubled in the market.

Lending 158

Lending Fintech Analytics UX 158

PYMNTS

JUNE 11, 2019

Citigroup is teaming up with Grab , the ride-hailing startup out of Singapore, to roll out co-branded credit cards. In May Citigroup launched a co-branded credit card with Paytm, the Indian digital payments company, and with Qantas a couple of years back.

Branding 145

Branding Cards Lending Report 145

Bank Innovation

FEBRUARY 6, 2019

banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released this week. Led by the Industrial and Commercial Bank of China, the world’s most valuable banking brand (at $79.8

Branding 170

Branding Industry social media Operations 170

PYMNTS

NOVEMBER 21, 2019

Banking Circle , a company that provides global B2B payment solutions, is collaborating with payment processing company Cardstream to deploy a small business lending solution. “As part of this, we wanted to deliver a more accessible lending solution for businesses in need of a financial boost. .

Lending 110

Lending Tools Payments Branding 110

BankBazaar

APRIL 11, 2023

National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. Media Contacts Nanda Padmanabhan | BankBazaar | nanda.padmanabhan@bankbazaar.com The post BankBazaar’s Co-Brand Model Powers FY23 Revenue Up 60% to Rs.160

Branding 78

Branding Capital Cards Fintech 78

The Financial Brand

MARCH 26, 2024

This article How a Regulatory Nudge Pushed Payday Lending into the Mainstream, Benefiting Borrowers and Banks appeared first on The Financial Brand. The big banks have embraced small dollar lending, saving millions of consumers billions of dollars annually, according to a new report.

Lending 32

Lending Branding Report Banking Trends 32

PYMNTS

MARCH 25, 2020

Nexo , the digital currency lending platform, is now letting retail investors utilize PAX Gold as loan collateral, Cointelegraph reported. Last year, Nexo was launching a Mastercard-branded digital currency credit card that was to allow consumers to spend the value of their cryptocurrency.

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Lending Bitcoin cryptocurrency Cards 181

PYMNTS

JULY 25, 2018

eBay’s entrance into small business lending follows the company’s recent push into B2B services. Businesses receive support from eBay staff, as well as enhanced brand visibility on eBay’s Always Open landing page. On the SMB finance front, eBay rival Amazon has also been ramping up lending services to its online merchants.

Lending 134

Lending Capital Apple Operations 134

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community bankers are increasingly recognizing that the future of digital lending is here. Illustration by Out of the box/Stocksy. By Beth Mattson-Teig.

Lending 91

Lending Community Bank Community North Dakota 91

American Banker

JANUARY 11, 2021

Citizens Financial Group has branded its point-of-sale lending software as Citizens Pay, saying it wants to more clearly define it as a merchant tool for "budget-friendly payment options" for customers wanting a transparent and predictable way to finance purchases.

Branding 41

Branding Lending Software Tools 41

Bobsguide

JULY 7, 2022

Financial institutions and retail brands gain a new embedded finance platform to help consumers access regulated loans at point-of-sale, powered by Banking as a Service. Financial institutions, distributors and merchants will benefit from a platform that makes it easy for their customers to access lending options.

Lending 68

Lending Seattle Regulation US 68

The Financial Brand

JANUARY 17, 2024

This article 7 Keys to Successful Commercial Real Estate Lending appeared first on The Financial Brand. Thanks to rising interest rates, CRE lending section has faced some tough times nationwide. This article 7 Keys to Successful Commercial Real Estate Lending appeared first on The Financial Brand.

Lending 30

Lending Branding 30

PYMNTS

FEBRUARY 3, 2020

Goldman, according to reports in Bloomberg, would be added to the Amazon lending platform, which has traditionally helped merchants get the funding they need to get inventory. Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission.

Lending 146

Lending Apple Study Online 146

Gonzobanker

DECEMBER 4, 2019

Q2’s acquisition follows many years of paced, organic growth in consumer and business digital banking and a string of acquisitions including digital deposit origination specialist Gro Solutions and loan/lease origination system provider Cloud Lending. Lending is a great area of a bank for analytics to grow from naturally. Meridianlink.

Analytics 125

Analytics Lending Fintech Leadership 125

The Financial Brand

APRIL 3, 2024

This article Inside Capital One’s Auto Lending Innovation Machine appeared first on The Financial Brand. This article Inside Capital One’s Auto Lending Innovation Machine appeared first on The Financial Brand.

Capital 23

Capital Lending Innovation Branding 23

Bank Innovation

JUNE 28, 2019

Their pitch to retailers is their resources, data and brand recognition. As checkout loan startups like Affirm, Klarna and Bread garner funding and grow relationships with retailers, banks are putting up a formidable line of defense. Over the past two years, Providence, R.I.-based

Strategy 186

Strategy Lending Resources Retail 186

PYMNTS

OCTOBER 2, 2018

We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. This is the bank’s product backed up by our brand. The loans are guided by their credit policy, carried on their balance sheets.

Lending 134

Lending Alabama Online System 134

PYMNTS

DECEMBER 17, 2019

Initially, CircleUp was founded as a marketplace to identity fast-growing consumer brands and match them with private investors, but the firm went on to raise a $125 million investment fund focused on using data to scan for certain difficult-to-find metrics for early stage private firms and strategically invest in early scale building rounds.

Lending 132

Lending Data Retail Capital 132

PYMNTS

JUNE 29, 2018

As Amazon presses further into China to compete with rivals like Alibaba , a job posting on the Amazon website may have just revealed plans for the eCommerce conglomerate to extend its small business lending program into the country. Amazon first began lending to small businesses in 2015, beginning with the U.S., Japan and U.K.

Lending 109

Lending Operations Cards Report 109

Bank Innovation

FEBRUARY 23, 2016

We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More. When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

OCTOBER 16, 2018

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. The Sachs division that includes Marcus — investing and lending — posted Q3 revenue of about $1.86

Lending 147

Lending Digital Banking Retail Branding 147

Gonzobanker

MARCH 23, 2022

” As I wrote in a recent Fintech Snark Tank article, The Coming Boom In Metaverse Lending For Banks , virtual real estate sales are skyrocketing. Commercial real estate lending is the better analogy. Banks have developed a competency in evaluating real real estate lending. Enabling the Gaming Ecosystem.

Lending 103

Lending Fintech blockchain Video 103

The Financial Brand

FEBRUARY 14, 2024

This article How Alternative Consumer Credit Data Increasingly Supports Lending Decisions appeared first on The Financial Brand. This article How Alternative Consumer Credit Data Increasingly Supports Lending Decisions appeared first on The Financial Brand. Here's why it's a growing indicator.

Lending 26

Lending Data Branding Analytics 26

Bank Innovation

SEPTEMBER 11, 2017

New-York based bank Goldman Sachs is planning to launch an online deposit service in the United Kingdom by mid-2018, a retail service that will be provided under the bank’s year-old ‘Marcus’ brand. According to the bank’s Head of Strategy, Stephen Scherr, who noted in remarks made to the Financial Times that the goal of the […].

Branding 207

Branding Retail New York Strategy 207

PYMNTS

DECEMBER 6, 2019

To test out renting attire as eco-conscious shoppers rein in their purchases, H&M said its COS brand has collaborated with the Chinese subscription rental platform YCloset to trial clothing rentals. that are lending their attire for a monthly rate, Reuters reported.

Branding 101

Branding Groups US Lending 101

Payments Source

JANUARY 10, 2020

credit card lender NewDay, which issues co-branded cards for Amazon, Laura Ashley and Topshop, is expanding its technology offerings by acquiring installment lending platform Deko.

Lending 76

Lending Cards Branding Technology 76

The Financial Brand

NOVEMBER 13, 2023

This article Artificial Intelligence Can Boost Lending Without a Whiff of Generative AI appeared first on The Financial Brand. AI can drive better decision making in lending by helping banks and credit unions find the sweet spots among credit risks.

Lending 29

Lending Branding 29

PYMNTS

SEPTEMBER 25, 2017

The Australian market is quickly becoming a hotbed of alternative lending , and new analysis from KPMG suggests it has risen up in the ranks. About two-thirds of survey respondents said Australia’s regulatory climate is appropriate for the alternative lending industry. percent of the total Asia Pacific market, reports said.

Lending 100

Lending Regional Analysis Survey 100

Gonzobanker

AUGUST 13, 2018

The mashup of transactional digital banking and digital sales is well under way in the market, as is evidenced by Friday’s announcement by Q2 of its intent to acquire Cloud Lending Solutions. What’s a little more interesting here is Cloud Lending’s offerings address commercial as well as consumer. The post Q2 to Acquire Cloud Lending.

Lending 92

Lending Leadership Digital Banking System 92

PYMNTS

NOVEMBER 16, 2016

15) that the company is now called QuickBridge and is expanding into the direct-to-business lending sector. ” In another statement, QuickBridge Vice President Jason Oslecki pointed to the company’s ability to better service SMEs by directly lending to borrowers. The alternative lender announced Tuesday (Nov.

Lending 100

Lending Strategy Capital US 100

The Financial Brand

OCTOBER 4, 2023

This article Community Banks & Credit Unions Revive Personal Lending with Fintech Help appeared first on The Financial Brand. This article Community Banks & Credit Unions Revive Personal Lending with Fintech Help appeared first on The Financial Brand.

Community Bank 33

Community Bank Community Lending Fintech 33

The Financial Brand

SEPTEMBER 7, 2023

This article Growth in Home Equity Lending Cools Off as Interest Rates Hit Pain Point appeared first on The Financial Brand. A wave of home equity lending helped buoy the banking industry as mortgages dried up, but fresh data shows the tide is receding.

Lending 31

Lending Branding Industry Data 31

South State Correspondent

FEBRUARY 22, 2024

You can’t develop lending expertise overnight. A three-year time horizon isn’t long enough if say you want to take your lending platform nationally such as specializing in lending on robotics. We allocate capital and risk just thinking about the life of our next investment, deposit, or loan. What does matter is strategy.

How To 195

How To Strategy Capital Lending 195

The Financial Brand

OCTOBER 25, 2023

This article How Bank of America Plans to Get a Jump-Start on EV Lending appeared first on The Financial Brand. This article How Bank of America Plans to Get a Jump-Start on EV Lending appeared first on The Financial Brand.

America 32

America Lending Branding Banking Trends 32

The Financial Brand

AUGUST 30, 2023

This article Current Moves Toward Lending — and Profitability — with Secured Credit Card appeared first on The Financial Brand. This article Current Moves Toward Lending — and Profitability — with Secured Credit Card appeared first on The Financial Brand. Amid a funding crunch, many fintechs are rushing to turn a profit.

Lending 30

Lending Security Cards Branding 30

The Financial Brand

FEBRUARY 4, 2024

This article Credit Card Watch: Balancing ‘Growth Math’ and Lending Risk appeared first on The Financial Brand. The meaning of 'normalization' and 'stabilization' in credit card lending depends on where you measure from.

Lending 18

Lending Cards Branding America 18