PYMNTS

OCTOBER 3, 2017

Access to capital is the first, last and constant problem that small businesses experience in the day-to-day course of doing business. As Okeshola noted, FinTech’s speed is one of the driving advantages offered by tech-based lending. Although they are often hailed as the backbone of the U.S. Take speed, for example. What’s Next.

Lending 108

Lending Fintech Capital Marketing 108

PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.

Maine 218

Maine Lending Pennsylvania Boston 218

Abrigo

MARCH 13, 2024

Consequently, all stakeholders of CRE assets are understandably nervous, including bankers and their investors who, due to the highly leveraged nature of CRE transactions, provided the bulk of capital financing the industry. They should be addressed immediately.

Strategy 221

Strategy Course Meeting Taxes 221

PYMNTS

JULY 10, 2018

The two biggest players in the FinTech startup have been Cellulant — a digital payments operation currently up and online in 11 African countries — and the online micro-lending startup Branch. What Branch does have, however, is some direct experience in the world of micro-lending. Cellulant raised $47.5

Lending 100

Lending ATM Online Course 100

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. Its capabilities and adaptability provide significant cost savings and improved efficiency.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. Its capabilities and adaptability provide significant cost savings and improved efficiency.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JUNE 14, 2016

“Of course, it would be great being the Uber of Something,” Karen Webster recently wrote about the wave of fallacy-backed Uber-like firms. And that story is currently being acted out over in the online lending segment, as the recent high speed, multi-phase come apart over at Lending Club has markedly destabilized the entire segment.

Lending 100

Lending Conference Capital Report 100

PYMNTS

OCTOBER 16, 2018

The number of peer-to-peer lenders in China is projected to decline greatly to around 50 from more than 1,500 during the course of the next year. The peer-to-peer lending industry in China , which is a $120 billion industry, has been facing a regulatory crackdown after years of light oversight.

Regulation 185

Regulation Lending Industry Course 185

PYMNTS

FEBRUARY 15, 2019

Banks should brace for more focus – at least from the European Central Bank – on capital structure and liquidity as Brexit looms and takes effect. Financial Times has estimated that as many as 27 firms have committed to bringing staff or operations to Ireland in the wake of the 2016 vote to leave the European Union. Brexit backlash?

Capital 108

Capital America Course Operations 108

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.

Industry 221

Industry Conference Meeting Maine 221

PYMNTS

MAY 31, 2019

Silly question — of course you are. PayPal Hits $10B SMB Lending Milestone. Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, inventory, expansion and other mission-critical business activities.

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Lending Payments Apple social media 122

PYMNTS

MARCH 30, 2020

As COVID-19 saps consumer demand across all manner of verticals, and small businesses bear the brunt of a sudden disappearance of revenues, the firms that lend to those SMBs are feeling heat, too. The company is also reportedly “completely” closing down its Bangalore, India operations. staff, which has 500 employees.

Lending 151

Lending FDIC Fintech Operations 151

Jack Henry

SEPTEMBER 4, 2014

The perception that credit markets among financial institutions remain tight has set the stage for an explosion of alternative lending sources. As risk-averse banks lend less money, cash-starved businesses seek out alternative sources of capital, regardless of the additional fees they may have to pay. Quick turnaround times.

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Lending Capital Meeting Groups 68

PYMNTS

MARCH 30, 2020

Typically, the funds are used for working capital purposes. We note, too, that interest rates have plummeted in the wake of Fed rate cuts and declining Treasury yields, and so any variable rate resets are likely to offer less-than-stellar returns on this lending, as the banks have to put up the money to fund the revolvers.

Lending 140

Lending Operations Course Marketing 140

PYMNTS

FEBRUARY 22, 2019

“If operating conditions in the U.S. banks’ direct leveraged lending risk is contained and mitigated,” noted the report. . banks’ direct leveraged lending risk is contained and mitigated,” noted the report. But, the report notes, that containment is predicated on the idea that conditions in the U.S. “U.S.

Lending 116

Lending Marketing Capital Maine 116

South State Correspondent

MARCH 6, 2023

In an article last week ( HERE ), we discussed why real estate loans underwritten at common debt service coverage ratio (DSCR) and loan-to-value (LTV) levels may quickly become substandard credits if capitalization (cap) rates normalize, as expected because interest rates are rising.

Community Bank 195

Community Bank Community Lending Regional 195

PYMNTS

MARCH 11, 2016

Online lending has seen a bumper crop of companies sprout in the last several years as technology has enabled risk and underwriting models to become faster, decisions to be made more quickly and new options to emerge in small business financing. One key hurdle rests with timely access to capital.

Lending 100

Lending Capital Operations Branding 100

Abrigo

MAY 5, 2022

Sometimes 20 minutes, sometimes 50 minutes, this podcast digs into such topics as creating branch experiences that go hand-in-hand with digital ones, identifying risk, and consumer lending. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 14, 2017

In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. Some of the more prominent names in the marketplaces lending space include OnDeck, Kabbage and Orion First. New tools for new FinTechs.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

FEBRUARY 5, 2020

Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. But that would depend of course on our ability to have foresight into the timing and extent of those downturns.

Conference 159

Conference Cards Lending Capital 159

PYMNTS

NOVEMBER 16, 2017

Put a different way: If you open a country’s financial markets, will the (foreign) banks bring the capital? Capital requirements remain stringent, which means that there’s less money to tie up abroad. The field is open, of course, as foreign companies have just 1.4 Will China’s invitation get the party started?

Marketing 101

Marketing Capital Lending Course 101

PYMNTS

SEPTEMBER 25, 2019

That can be easier said than done, of course, but in a new PYMNTS discussion with Karen Webster, Laurin Nabuko Hainy, founder and CEO at FairMoney , gave a tour of the emerging payments landscape in Nigeria and offered lessons that can be applied to other developing markets. Nigerian banks don’t like to lend,” Hainy said.

How To 130

How To Lending Digital Banking Examples 130

PYMNTS

FEBRUARY 5, 2020

Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. But that would depend of course on our ability to have foresight into the timing and extent of those downturns.

Conference 141

Conference Cards Lending Capital 141

PYMNTS

JULY 8, 2016

SMB Working Capital. Amex threw its hat into the online lending ring earlier this week when it announced that it will launch a program later this year that will extend lines of credit from as little as $1K to as much as $750K for qualified SMB borrowers. Investor Confidence In Marketplace Lending. Next time, guys? Woot, woot!

Lending 101

Lending Samsung Online Capital 101

PYMNTS

NOVEMBER 29, 2019

That includes insurance, which of course protects against the unexpected and unplanned events that occur while running a business. On a longer arc, I could certainly see us operating in geographies outside the United States,” Hodges told PYMNTS, noting that many tech markets are global, as are their labor pools. Scale matters.

Policies 191

Policies California United States Management 191

Jeff For Banks

NOVEMBER 19, 2014

Her answer: lack of capital. But in strategic planning retreats that I moderate, community financial institutions insist that they lend to small businesses. The second chart shows the primary sources of capital. Given a community FIs lending proclivities, one would assume that small businesses borrow to finance a building.

Lending 93

Lending San Francisco Community Community Bank 93

PYMNTS

JUNE 16, 2020

All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. The challenge, of course, is that no one knows when that recovery might transpire. But they’ll keep piling debt on top of debt as they play a waiting game, hoping for a U.S. economic recovery.

Company 214

Company US Policies Course 214

PYMNTS

JANUARY 15, 2019

central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

Fintech 148

Fintech St. Louis System Regulation 148

PYMNTS

JUNE 15, 2020

The pandemic has seen a flurry of capital raising as firms across all verticals have sought to shore up their balance sheets. By getting cash on the books, there’s the chance to keep going — to continue operating and pay expenses until the horizon is a bit clearer. United’s move follows other airlines’ similar fundraising efforts.

Strategy 249

Strategy Cards Course Examples 249

Abrigo

AUGUST 12, 2020

This has resulted in theoretical assumptions for capital planning. This often includes considerations for risk-free opportunities, capital requirements, liquidity, and uncertainty estimates. Of course, the same model would result in the same answer given the same ‘as-of’ date. Asset/Liability. Portfolio Risk & CECL.

Capital 195

Capital System Comparison Strategy 195

PYMNTS

JULY 25, 2017

For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates the value at around a cool million. Lending-as-a-Service. By offering a white label lending service, we are making those connections possible.”.

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

APRIL 19, 2019

Grab, as most know, is a financial services ecosystem that serves the 630 million citizens in Southeast Asia — and has expanded from ridesharing and food delivery to lending and insurance for these micropreneurs. In those cases, Mehrotra said, Grab acts as the “bridge” that enables those operations to “go from hyperlocal to regional.”

Regional 196

Regional Operations Mobile Examples 196

PYMNTS

JANUARY 18, 2017

That partnership trend appears to be permeating other areas of SME financial services, with the latest tie-up to be between OnDeck Capital and WEX. remains, despite recent increases in bank lending levels. Of course, these collaborations are also good news for the alternative lending companies. Announced Tuesday (Jan.

Lending 100

Lending Cards Capital Online 100

South State Correspondent

AUGUST 10, 2023

The reality is, of course, the money is technically there. A KYC process, for example, can now be used in mobile account opening, online account opening, payments, lending, and various other functions. Instead of operations and system people, banks can find developers that know Python or Golang, which are in greater supply.

System 195

System Examples Operations Data 195

Abrigo

AUGUST 12, 2020

This often includes considerations for risk-free opportunities, capital requirements, liquidity, and uncertainty estimates. Ideally, prior to the close date, the acquiring institution should have a notional valuation, a notional CECL calculation, and both should be operable models going forward. Asset/Liability. Stress Testing.

Capital 195

Capital System Comparison Strategy 195

Abrigo

AUGUST 12, 2020

This often includes considerations for risk-free opportunities, capital requirements, liquidity, and uncertainty estimates. Ideally, prior to the close date, the acquiring institution should have a notional valuation, a notional CECL calculation, and both should be operable models going forward. Asset/Liability. Stress Testing.

Capital 195

Capital System Comparison Strategy 195