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 35

Lending Branding Report Banking Trends 35

Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. Hans Zandhuis, Head of Ally Lending, Ally. Beth Johnson, Chief Experience Officer, Citizens.

Fintech 462

Fintech North Carolina Charlotte Conference 462

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

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

PYMNTS

OCTOBER 2, 2018

Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function. 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.

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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

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.

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Branding Innovation Fintech social media 150

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

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

CFPB Monitor

MAY 6, 2021

According to the factual allegations in the OCFR’s Charge Letter : The Bank offers in-store retail credit financing as well as store-branded credit cards to Maryland consumers. Atlanticus/Fortiva performs all of the collections, servicing, payment and remittance operations in connection with the accounts.

Maryland 78

Maryland Lending Missouri FDIC 78

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Investors on Monday (June 27) provided $10 million to D3 Banking for it to further its research and development operations, reports said. Alternative Lending. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

AUGUST 3, 2020

Metro Bank will operate RateSetter as an independent entity and make loans under both its and Metro Bank brands. Metro Bank CEO Daniel Frumkin said the deal gives his company a strong base for addressing its “strategic ambition” to expand into unsecured lending. The deal is subject to approval from the U.K.’s

Metro 230

Metro Lending Meeting Capital 230

PYMNTS

FEBRUARY 25, 2020

Kraft Heinz, one of the world’s prominent global food and beverage companies, operates Evolv through a team effort, involving food, startup and venture capital professionals. He said Fabric’s goal was to “change the game” in how businesses operate. in partnership with other brands.

Lending 130

Lending Retail Capital Operations 130

Abrigo

JULY 5, 2020

Technology can facilitate delivery on credit unions' brand promise of relationship-based services. Being able to collect applications, required documents, and borrower signatures without in-person meetings allowed the financial institution to scale its operations – ultimately benefiting more business owners in the community.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

NOVEMBER 12, 2020

The banking group has started reaching out to possible bidders, but still hasn’t made a definitive decision as to whether it will actually sell the unit, which specializes in store-branded credit cards, according to a Bloomberg report. Others are operating in a less constrained way.”.

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Cards Conference Groups Report 285

Bank Innovation

FEBRUARY 16, 2016

Silicon Valley is coming to banking? That happened long ago — just ask Silicon Valley Bank, a financial institution built to serve the world’s center of innovation. Few bankers can claim better knowledge of what the tech giants are up to. Startups, you say? SVB claims it banks a staggering two-thirds Read More.

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Community Bank Branding Community Innovation 244

The Financial Brand

AUGUST 17, 2020

The pandemic has made clear the need for financial institutions to reexamine back-end operations if they wish to truly transform digitally. The post Process Flexibility Key to Consumer Lending in Post-COVID Market appeared first on The Financial Brand.

Lending 39

Lending Marketing Branding Operations 39

PYMNTS

JANUARY 20, 2021

European Banks Lend Less, Fearing Bad Loans During Pandemic. Euro area banks have scaled back lending in order to shield against risk, a new European Central Bank (ECB) survey says. Plus, dLocal partners with Dinie, RepSpark partners with PGA and Citi accelerates its ISO 20022 adoption.

Lending 161

Lending Payments Fintech Survey 161

PYMNTS

APRIL 13, 2018

The software company this week announced more than $40 million in funding from PeakEquity Partners, which will go toward a continued focus on growth, expanding its product offering, strengthening sales and marketing and developing the overall Xeeva brand. Based in Ireland, Supply Finance landed $4.9 said this week. Tienda Pago.

Lending 129

Lending blockchain Capital Software 129

Perficient

FEBRUARY 17, 2023

In the first two blogs in this series, Getting Started On Embedded Finance and Embedded Finance: Bolstering Brand Experiences, we defined embedded finance and looked at the goals and strategies that firms should take at the outset of their modern embedded finance journey, as well as how and why firms should consider getting embedded banking.

San Francisco 275

San Francisco Cards Online Payments 275

PYMNTS

JUNE 8, 2020

Cardpay , based in Bengaluru, India, offers a spending management platform to corporations under the brand name “Grit.” Cardpay was founded by Kumar Srinivasan , who boasts two decades of experience with payments, retail and credit lending services. “Payments-led lending is the new growth mantra for us.

Payments 150

Payments Lending Cards blockchain 150

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. We’re always seeking the best and brightest to work with us.

Industry 221

Industry Conference Meeting Maine 221

PYMNTS

NOVEMBER 26, 2020

New rules would require online lending companies like Ant to provide 30 percent of funding for loans, and firms would be banned from operating outside provincial bases without approval from a watchdog, Bloomberg said. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Austin 131

Austin Lending Omaha New York City 131

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Vintage also owns rent-to-own operation Buddy’s Home Furnishings.

Lending 103

Lending United States America Industry 103

Bobsguide

FEBRUARY 22, 2022

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

Software 78

Software Wyoming Idaho Nevada 78

Abrigo

OCTOBER 20, 2020

For Jill Hudson, VP, Operations Officer at Vision Bank Vision Bank, it was important to learn strategies regarding supporting a strong company culture during this time. All of that keeps encouraging us about the brand.” . CRE Lending. Lending & Credit Risk. Lending & Credit Risk. SBA Lending.

Management 195

Management Lending Community Strategy 195

PYMNTS

MARCH 27, 2019

It’s what makes sellers feel comfortable with lending their personal properties to buyers whom they have never met. Online retail giant Amazon is also making a similar push to ensure the reliability of its brand. Trust keeps the sharing economy afloat.

Payments 145

Payments Case Study Lending Study 145

PYMNTS

AUGUST 31, 2020

Advanced Banking Tech for Small Operators. Two-thirds of CU executives saying that microbusiness lending is a next-frontier digital innovation, making it possible for tiny businesses to process transactions like the pros. Leaning Into Community-First Lending. PYMNTS’ findings reveal that 66.7

Community 152

Community Lending Community Bank Innovation 152

PYMNTS

SEPTEMBER 28, 2020

We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. At the conclusion of this process, I remain profoundly impressed by the strength of Neiman Marcus and Bergdorf Goodman, the commitment of our associates, the unwavering support of our brand partners and the loyalty of our customers.”.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

JULY 8, 2016

Walmart Pay released its six-month report card , with some pretty interesting stats: ubiquity at all 4,600+ stores, high usage, high repeat usage, rave reviews from their users and a growing crop of brand evangelists that, Walmart Pay execs say, have become an effective recruiting engine. Investor Confidence In Marketplace Lending.

Lending 101

Lending Samsung Online Capital 101

PYMNTS

FEBRUARY 23, 2020

The combination of Fifth Third Bank’s renowned brand, customer reach and great products with our digital lending platform will allow us to collectively serve the Bank’s customers with best-in-class products and a best-in-class customer experience.” Graziano continued, “This collaboration does exactly that.

Customer Experience 130

Customer Experience Innovation Strategies Guidelines Meeting 130

PYMNTS

JULY 11, 2019

The tie-up with the bank is said to let Go-Jek bring SCB’s products in payments, insurance and digital lending to its apps in the months to come. It was also noted that customers, merchants and drivers will have additional access to bank products such as small business lending as well as insurance.

Lending 100

Lending Financial Technology Online Community 100

PYMNTS

DECEMBER 23, 2020

The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. On one hand, Step is looking to create a brand that's young, modern, hip and cool such that it appeals to those 13- to 18-year-old users. Creating A Balance.

Fintech 322

Fintech Cards FDIC Lending 322

PYMNTS

SEPTEMBER 9, 2019

The app has e-wallet capabilities, digital lending services and wealth and insurance management. The biggest lender in the country, Siam Commercial Bank, is teaming with Sea Thailand to grow online lending and payments. A majority of the products are under $100 and come from brands with less exposure.

Groups 125

Groups Google Lending Online 125

PYMNTS

DECEMBER 5, 2018

The bank is also going after firms that have recognized brands and have long been in the business as well as those who are looking to expand internationally. The report noted some of these businesses already operate in the U.S. The move comes as JPMorgan is moving dozens of its bankers to Paris to prepare for Brexit.

Lending 122

Lending Management Marketing Capital 122

PYMNTS

FEBRUARY 24, 2017

The most lucrative players are operating in the SME finance space, with a small business banking startup landing more than a quarter of the funding. Alt-Lending. Industrybuying plans to use the latest financing to expand operations and would reportedly value the company at just under $200 million. Soundtrack Your Brand.

Fintech 109

Fintech Capital Lending blockchain 109