PYMNTS

APRIL 10, 2020

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013. The company assists small and medium-sized enterprises (SMEs) with growth through lending. million from current investors.

Capital 230

Capital Lending Fintech Meeting 230

Abrigo

FEBRUARY 27, 2020

Key Takeaways Financial institutions who want to maintain a healthy share of business lending this year and through potentially tougher economic times ahead want to be in the best position possible before trouble hits. Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. learn more.

Lending 243

Lending Survey Data System 243

South State Correspondent

NOVEMBER 2, 2022

The futures market now expects close to average odds of a 75bps increase in Fed Funds rate for the next FOMC meeting on December 14 th ( HERE ) and about 60% odds of a 75bps hike by January. The Effective Fed Funds rate jumped up and should stabilize at 3.83%, as did the 1-month term SOFR, to 3.79%. The Yield Curve Inversion. Conclusion.

Lending 195

Lending Community Bank Community Meeting 195

PYMNTS

MARCH 6, 2020

Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. With the fund’s latest close, Quona Capital ’s assets under management (AUM) are at $363 million.

Capital 141

Capital Fintech Meeting Washington 141

Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. You might also like this podcast, "How to sleep easier at night about your capital and risk levels."

Risk Management 195

Risk Management Management Lending Capital 195

PYMNTS

JULY 22, 2019

billion in credit to the nation’s small businesses, a possible sign that India’s current financial services sector is unable to meet the demand for small and medium-sized business (SMB) financing. The 63 million micro, small and medium enterprises (MSMEs) in the country today make up an estimated 45 percent of total exports.

Meeting 115

Meeting Capital National Report 115

PYMNTS

JANUARY 5, 2020

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. For decades, public sector undertaking (PSU) banks have largely been responsible for handling the working capital loans that many firms need for daily operations.

Lending 130

Lending Capital National Taxes 130

Abrigo

APRIL 8, 2020

Automation is key to streamlining PPP loans and getting capital into the hands of small business owners quickly. Many hopeful participants took to Twitter to express frustrations with their primary lenders not lending or including caveats to borrower eligibility. Some have even filed lawsuits. Automate the PPP loans in 48 hours.

Lending 195

Lending How To Resources Community 195

PYMNTS

JUNE 7, 2019

Europe’s Financial Stability Board ( FSB ) said on Friday (June 7) that higher bank capital requirements, which were put on the books during the financial crisis, will remain. Reuters , citing the regulator, reported it found the negative impact on small business lending was short in nature, and that there is no need to change the rule.

Capital 108

Capital Lending Regulation Meeting 108

Bank Innovation

MARCH 19, 2020

For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

Meeting 293

Meeting Fintech Innovation Customer Experience 293

PYMNTS

JULY 24, 2020

Online lenders will need the green light from the central bank to roll out new offerings or hike lending rates if the legislation is put into law, Quartz Africa reported. Online lending has brought about a number of complications in Kenya, with digital loans reportedly leading rising personal debt for users in the country.

Lending 157

Lending National Mobile Online 157

South State Correspondent

FEBRUARY 27, 2022

Current Risk in Term Lending. The table below shows the implied Fed Funds rate for the next year and the number of expected hikes for each FOMC meeting. With no additional reporting, no additional accounting, and no capital or collateral costs, the bank retains the full relationship. Why ARC Makes Sense.

Lending 195

Lending Community Bank Community Meeting 195

Abrigo

DECEMBER 14, 2023

Practical tips for conducting effective strategic planning meetings Financial institutions' strategic plans should be cohesive, focused, and have buy-in from stakeholders. Start with a survey and pre-planning meetings. Have your board meetings and strategic planning sessions become predictable? Explore Abrigo Connect.

Lending 221

Lending Risk Management Meeting Survey 221

PYMNTS

SEPTEMBER 3, 2019

regulations have been working to elevate business banking competition and expand access to capital for corporate and SMB borrowers, but the latest reports from the government suggest those efforts are falling short. billion decline in net lending to companies in the month driven by the $2.43 Reports in The Irish News on Saturday (Aug.

Lending 116

Lending Meeting Capital Industry 116

Independent Banker

JANUARY 31, 2022

What we saw in PPP wasn’t that businesses didn’t inherently qualify; it was that producing the documentation required to meet the program requirements was a very heavy burden for them,” says Christopher Maher, chairman and CEO of OceanFirst Financial Corp., which operates $12 billion-asset OceanFirst Bank N.A. in Toms River, N.J.

Lending 150

Lending Community Community Bank Compliance 150

PYMNTS

JUNE 7, 2019

Europe’s Financial Stability Board said Friday (June 7) that higher bank capital requirements put on the books during the financial crisis will remain. When the banks were required to increase their capital back in 2010 they argued it would hurt their ability to keep up their lending pace. In January the U.K.

Capital 100

Capital Lending Regulation Meeting 100

PYMNTS

NOVEMBER 26, 2019

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. This is the digital bank’s fourth acquisition of a working capital loan portfolio. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud.

Capital 130

Capital Fort Worth Dallas Lending 130

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

PYMNTS

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. SMB Lending. Apica said it will use the funds to expand across the U.S. The company raised $2.5

Capital 162

Capital Software Lending Online 162

PYMNTS

NOVEMBER 6, 2020

has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let it meet “promises of efficiency, affordability and financial inclusion,” according to a Friday (Nov. Financial services firm Figure Technologies, Inc. 6) announcement.

National 163

National blockchain Lending Regulation 163

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

PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

Capital 108

Capital Lending Regulation Report 108

PYMNTS

JANUARY 7, 2021

7) that it was merging with publicly-traded Social Capital in an $8.6 The SoFi deal marks at least the third such transaction done by the Social Capital SPAC, Palihapitiya said in a televised interview on CNBC, adding that the deal was driven by the fact that banking infrastructure isn't currently meeting the needs of U.S.

Capital 150

Capital Los Angeles Boston Lending 150

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

Lending 150

Lending Resources Capital Technology 150

PYMNTS

JANUARY 27, 2020

In the wake of the financial crisis, banks’ pullback from small- to medium-sized business (SMB) lending yielded a flood of technology-driven players stepping in to fill the SMB credit gap. Even as digital-first financing platforms step in, Ott warned that SMBs continue to face obstacles that hamper their ability to access affordable capital.

Lending 157

Lending Online Capital Data 157

PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. This new business further grows Citi’s existing relationship with Victory Capital. With more than $21.7 With more than $21.7

Capital 115

Capital America Security Lending 115

PYMNTS

JANUARY 10, 2019

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be eased, reported Reuters. The meeting was chaired by Central Bank Governor Shaktikanta Das, noted the report. RBI ’s Board for Financial Supervision met on Thursday (Jan.

Lending 128

Lending Capital Meeting Report 128

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Other roles include President & CEO Global Bank Loans at GE Capital Americas and Head of Enterprise Clients. I’m looking forward to getting stuck in.”. Paddington.

Lending 109

Lending Leadership Community Software 109

PYMNTS

JUNE 18, 2020

.’s Main Street Lending Program intended to aid small- to medium-sized businesses (SMBs), The Wall Street Journal (WSJ) reported. The Main Street Lending Program has already expanded a few times, PYMNTS reported , with lower minimum loan requirements, higher max limits and adjusted repayments schedules.

Maine 141

Maine Lending Meeting Capital 141

TheGuardian

MARCH 16, 2021

The meeting reportedly took place at the insurer’s offices. Sources have told the Guardian that Cameron , who was an adviser and shareholder in Greensill, travelled to Sydney in 2018 and during his stay met with Greg Brereton, an employee at a small insurance company called The Bond & Credit Co (TBCC).

Capital 92

Capital Lending Meeting Report 92

PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. This new business further grows Citi’s existing relationship with Victory Capital. With more than $21.7 With more than $21.7

Capital 100

Capital America Security Lending 100

Abrigo

MAY 19, 2023

Takeaway 2 There are many qualifications that a loan reviewer should have in order to meet the frequency, scope, and depth of their work. So, what kind of qualifications should a loan reviewer have in order to meet the frequency, scope, and depth of reviews?

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

JULY 5, 2020

Technology that makes it easier to meet credit union members’ ongoing needs also will factor importantly into growing relationships beyond the pandemic and economic crisis. But historically, SBA lending and member business lending isn’t a major focus among credit unions. In fact, it was Ohio’s top SBA lender among credit unions.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

NOVEMBER 26, 2018

has small businesses “scrambling to access financial resources to meet their working capital and long-term expansion needs,” Coface said in its report. According to Coface’s Asia-Pacific Economist Carlos Casanova, China should consider easing interest rate caps that discourage banks from lending to small businesses.

Lending 129

Lending Analysis Resources Policies 129

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 87

Policies Lending Capital Study 87