Remove Capital Remove Lending Remove Michigan Remove National
article thumbnail

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
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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
article thumbnail

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. The National Consumer Law Center suggests that “a bad score could shut out a renter out of apartments in a decent school district or even permanent housing.”

article thumbnail

The ICBA 22/23 executive committee is all in

Independent Banker

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

article thumbnail

CFPB announces new appointments to advisory groups

CFPB Monitor

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.” ”

article thumbnail

Banking's Total Return Top 5: 2015 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. The bank was hammered with credit problems during the financial crisis, as Michigan's economy was hit pretty hard. It's size today, at $2.4