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PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack

PYMNTS

middle-market in the recently released Golub Capital Altman Index. Analysts at deBanked suggest this means PayPal could be eclipsing OnDeck, the publication’s previous leader in small business alternative lenders (Kabbage and Square Capital round out the No. percent during the first quarter. 4 spots, respectively).

Lending 168
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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Detroit, Michigan – Flagstar Bank ($4.65 Flagstar capitalizes on going local, too. • Dallas, Texas – PlainsCapital Bank ($1.89

Cleveland 150
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Fifth Third Taps Accion To Reach More SME Borrowers

PYMNTS

Fifth Third Bank is focusing its SME lending reach through a new partnership with nonprofit lender Accion. Reports late last week said the bank will work with SME lending portal Accion, a nonprofit company, to facilitate the financing of these companies across five states: Florida, Indiana, Illinois, Michigan and Ohio.

Indiana 109
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VCs Back Autobooks For SMB Banking

PYMNTS

Banks and credit unions are looking for differentiated product offerings that not only deliver value for their members, but create new revenue streams and lending opportunities.”. We are really pleased to have such a strong group of local and national investors, including VC funds and a strategic partner,” Robert said.

Detroit 122
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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101
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The 2023 GonzoBanker Awards

Gonzobanker

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. They should have been investing in fintech growth businesses and they had the capital to do it.” Grab some popcorn and watch.

Fintech 195
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FICO Fact: Can having no credit score be better for consumers than a low credit score?

FICO

And financial institutions use FICO® Scores to underwrite lending to millions of people so that they can achieve their financial goals like buying a first home or starting a business. Gaskin founded and served as President and CEO of Auto Club Trust, and Executive Vice President with Michigan National Bank. In her role, Ms.