FICO

SEPTEMBER 6, 2017

In this podcast for Lend Academy, FICO Blog author Dr. Scott Zoldi talks about his role as FICO's Chief Analytics Officer, the company's AI innovations and how they are being applied in credit risk, fraud management and more. Scott discusses: Why his background in theoretical physics was perfect for studying fraud and credit risk.

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Lending Fraud Data Analytics 95

PYMNTS

SEPTEMBER 25, 2020

A study conducted by PayPal and PYMNTS revealed that 40 percent of customers are shopping more digitally than physically. CFOs get typecast more than other executives as being just debit- and credit-oriented,” Rainey told PYMNTS. That may have been true some period of time ago. I think it’s very different today.”.

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San Jose Baltimore Nebraska Community 261

Bank Innovation

FEBRUARY 20, 2019

Can regularly checking your credit score actually help improve your results? We wanted to know the answer to that critical question, so Credit Sesame partnered with Megan Hunter Antill and Jessica Yu, Ph.D., candidates in Quantitative Marketing at Stanford Graduate School of Business, to find out.

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Study Analysis Marketing Operations 284

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. Despite lending £6.7

Fintech 144

Fintech Lending Regional Regulation 144

CFPB Monitor

AUGUST 1, 2022

The FHFA also issued a request for information (“RFI”) seeking public input on how to facilitate responsible innovation, identify barriers or challenges to implementing fintech into housing finance, support equity for homeowners and renters, and increase efficiency and effectiveness in the compliance and regulatory processes.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

AUGUST 12, 2016

Restaurants — the epicenter of payments innovation, it seems — were on the receiving end of a couple of new opportunities this week that could drive even more feet into them and help them grow. This could come as a welcome relief, as lending decisions will be based on data about the viability and success of the business, which helps everyone.

Lending 100

Lending Apple Cards Study 100

Celent Banking

APRIL 7, 2017

Undoubtedly, the highlight was attending Celent's Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. Capital One, USA. Lending Product. Consumer Banking Channel Innovation. Product Innovation. Bank of America, USA. Risk Management.

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Case Study Boston Risk Management Study 189

FICO

JANUARY 5, 2017

Ascentium Capital, an innovative commercial lender, wanted to expand its growing small business portfolio while keeping risk in check. I recently had the chance to speak with Chris Miller, VP of Decision Analytics at Ascentium, on how the company makes quick lending decisions for its small business customers.

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Lending Case Study Capital Leadership 64

PYMNTS

SEPTEMBER 13, 2017

According to a study by Payoneer, 75 percent of small- and medium-sized businesses (SMBs) have backed away from global trade over concerns of not getting paid for their services. APIs invite innovative changes to banking. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

AUGUST 20, 2020

Seventy percent of SMBs are adding new digital capabilities or enhancing existing ones to continue their operations, but firms often require financing to implement these innovations. SMB Lending Risks. One of the most pressing issues plaguing SMB lenders is the risk of fraud.

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Fintech Fraud Lending Regulation 177

PYMNTS

MARCH 2, 2018

. “The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It The rise of alternative lending and familiarity of growing names like OnDeck is beginning to shift public perception of the merchant cash advance, however.

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Capital Lending Louisiana Data 119

PYMNTS

APRIL 16, 2019

A solution, he told PYMNTS four years ago , that had nothing to do with financial services or lending at all — they were actually studying hiring and figuring out ways to track employability over time with data. Our simple idea was that better technology and better data science could improve access to credit,” Girouard said.

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Kansas City Lending Omaha Kansas 223

PYMNTS

JULY 12, 2018

Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. Our review shows that while online lending has grown in recent years, our banking industry still supports the overwhelming majority of lending in New York while being subject to strong safeguards and oversight.

Online 100

Online New York Lending Regulation 100

Bobsguide

SEPTEMBER 23, 2022

Innovation in cross-border money movement is accelerating at an incredible pace and banks are under pressure to quickly implement and launch programs for their customers that stay ahead of their expectations,” said Ruben Salazar Genovez, SVP, Global Head of Visa Direct. “We For further information please contact: Caroline Duff.

Case Study 74

Case Study Innovation Payments Study 74

Filene

JULY 14, 2017

Kodak failed to capitalize on digital technology it invented in the 1970s. Incremental changes since the passbook and personal loan days have led our organizations into activities as diverse as mortgage lending, mobile banking, and branch building.

Innovation 28

Innovation Case Study Apple Study 28

Gonzobanker

FEBRUARY 8, 2023

Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. According to Cornerstone Advisors’ What’s Going On in Banking 2023 study, there are about 500 community banks and credit unions making direct investments into fintech startups. billion in capital into fintech startups in 2023.

Community Bank 98

Community Bank Community Fintech Leadership 98

Filene

OCTOBER 6, 2017

Kodak failed to capitalize on digital technology it invented in the 1970s. Incremental changes since the passbook and personal loan days have led our organizations into activities as diverse as mortgage lending, mobile banking, and branch building.

Innovation 28

Innovation Case Study Apple Study 28

PYMNTS

SEPTEMBER 18, 2018

In the last three years, ADGM has been building a globally connected platform to support financial intermediation and facilitate capital flows for all companies, including startups and [small- to medium-sized enterprises (SMEs)],” ADGM Chairman Ahmed Al Sayegh said. Announcements came Monday (Sept. Startup accelerators are in place.

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Fintech New York US National 166

PYMNTS

NOVEMBER 3, 2016

Will alternative lending platforms eat away at traditional banks’ market share? With financial institutions beginning to collaborate and partner with these alternative players, it seems even less likely that the two sides of the SME lending space will challenge each other. But the latest analysis from J.D. Power’s 2016 U.S.

Survey 100

Survey Lending Millennials Analysis 100

PYMNTS

JULY 11, 2017

And, as a result, higher fees for consumers levied by cautious lenders, when they lend at all? Chamber of Commerce Center for Capital Markets Competitiveness. The referenced studies and research harken back to 2015 when the CFPB initially proposed its rules. Is that the headline for July 10?

Cards 101

Cards Lending Study Industry 101

PopularBank

OCTOBER 13, 2020

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. Backed by prominent Black and Latinx investors, NWK FAM Fund aims to raise $100 million total in investible capital. Chairman, Montclair Capital Group. Vice President-Legal, Innovative Cosmetic Concepts. Randall Pinkett.

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New Jersey Community NJ New York 52

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Lend exclusively over online peer-to-peer platforms.

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San Francisco Lending New York City Online 70

PYMNTS

SEPTEMBER 22, 2017

B2B: The trillion dollar industry that gets overshadowed in innovation by consumer gee-wizardry tech, B2B is gaining more attention by the day. Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. Just sayin’.

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US Apple Innovation Regulation 108

Independent Banker

DECEMBER 31, 2022

So we’re careful when we lend out commercial real estate loans. I’m excited going into 2023, because we have the capital to do more and make a difference in the communities that we serve.”. Sills: Our bank has about $100 million in new capital. The ICBA view on… Lending. James Sills, M&F Bank.

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Community Bank Community Tampa North Carolina 91

Tefkin

JUNE 3, 2014

On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades. By lifting the ban on general solicitation and making crowdfunding easier, the JOBS act is opening access (for accredited investors for now) to the Venture Capital and Hedge Funds asset classes.

Industry 42

Industry Management Innovation Analysis 42

South State Correspondent

SEPTEMBER 20, 2022

It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products. The annual ABA Bank Marketing Conference was a fantastic showcase of insights, case studies, and networking opportunities.

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Conference Marketing social media Data 195

PYMNTS

FEBRUARY 15, 2018

He further noted that if “I need capital to lend, then let’s have the same rules for everyone – for the internet giants, too.”. Elsewhere, in India, that country’s Reserve Bank has floated a raft of proposals seeking to boost the FinTech space, with a focus on innovation labs and data protection, among other initiatives.

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Washington Regulation Conference Fintech 101

CFPB Monitor

AUGUST 22, 2016

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

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San Antonio Kansas City Groups CA 60

CB Insights

FEBRUARY 1, 2019

Among major Asian economies, people in Indonesia feel the most optimistic about their opportunity to advance in their careers, develop new skills, and build their finances, according to a LinkedIn study. Two that are already seeing lots of activity are payments and lending. The platform recorded 63.7M

Policies 61

Policies Lending Operations Examples 61

Fintech Labs Insights

AUGUST 12, 2016

If unanimously positive perceptions are the hallmark of a bubble, then rest assured that the alt-lending market has moved past that stage. So if there’s no bubble in the alt-lending part of the fintech universe, should we fear a bust? Looking at the P2P lending market in the U.K., – Bank Innovations.

Trends 12

Trends Lending Fintech blockchain 12

PYMNTS

SEPTEMBER 9, 2016

According to Tyler, the two brothers began buying and studying the currency and were ultimately “sucked in” to the digital currency world, noting that “you don’t predict when you’re going to fall in love.”. Tyler and Cameron, who both studied economics at Harvard, are now CEO and president, respectively, of Gemini , a cryptocurrency exchange.

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Bitcoin cryptocurrency Security Taxes 100

Independent Banker

JANUARY 26, 2016

Studies by The Kauffman Foundation, among others, have shown that new businesses account for nearly all net new job creation and almost 20 percent of gross job creation. Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending.

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Miami Community Bank Community Resources 70

Filene

JULY 18, 2018

Credit unions who feel the calling to open their doors to this growing and upwardly mobile community have a great opportunity to capitalize on word-of-mouth momentum. The study measures the size, composition and opportunity for products and services that underserved people use to save, spend, borrow and plan. GDP growth by 2020.

Community 28

Community Study Resources Lending 28

PYMNTS

MAY 18, 2018

while Kroger gets a stake in the company worth about 5 percent of existing share capital, valued at $247.5 We made a study of what Good Eggs has achieved and believe the business is very well-positioned to capture and scale the growing market of people who are passionate about the quality and provenance of the food they consume.

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San Francisco California Operations social media 100

CB Insights

OCTOBER 24, 2018

get the entire 47-page lending report. See how startups and big tech are reinventing traditional lending. Download our deep dive into the disruption of lending. As competition increases and POS lending goes mainstream, startups are raising substantial funds to grab market share. valuation (10/8). Top players.

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Millennials Lending Cards Capital 65

Independent Banker

NOVEMBER 30, 2022

In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Self-study guides and monthly meetings guide participants’ experience. What great resignation? LESS THAN $250 MILLION. By Roshan McArthur.

Community Bank 169

Community Bank Community Montana Leadership 169

Lex Sokolin

AUGUST 6, 2020

I’ve written before how the shock of opening up to capitalism in the USSR led to a 45% GDP collapse over half a decade , resulting in life expectancy decreasing by 10 years for the average Russian due to alcoholism and violence. And similarly, incumbents can capture innovation and ideation through corporate venture investments.

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Community social media Branding Software 52