PYMNTS
JULY 7, 2020
After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.
Gonzobanker
MAY 31, 2019
Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.”
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PYMNTS
DECEMBER 13, 2019
Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.
South State Correspondent
AUGUST 30, 2023
You don’t have an “internet strategy,” an “insurance strategy,” or a “digital strategy.” Banks like Capital One, for example, have 23% of their employees in some data analytical role. That is not what banks should be doing to start.
PYMNTS
AUGUST 21, 2018
Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. With FinTech’s Aid, Lending Down Under. has said it will help form a new lending platform, with debt funding to be provided to Athena Home Loans. As noted in Insurance Business America , U.S.
Bobsguide
AUGUST 7, 2022
By moving to the cloud, The Co-operative Bank can pursue continued growth and innovation in the UK market,” said Wissam Khoury, EVP Treasury and Capital Markets at Finastra. “In The Co-operative Bank also uses Fusion Risk for treasury credit risk management and Finastra’s banking technology for payments services. “By
Gonzobanker
JUNE 11, 2018
But what’s concerning me more than the gulf between big banks’ and community/regional banks’ digital adoption is the growing disconnect between bank strategy and digital strategy in community and regional banks. See you can align your business and digital strategy. And yes, you can humanize digital banking.
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