Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The KSB Lends a Hand program took anniversary funds totaling $20,000 and distributed them to more than 100 local organizations. “We

Community Bank 196

Community Bank Community National Fresno 196

PYMNTS

OCTOBER 9, 2018

63 percent of small businesses applied for a working capital loan last year, data from S&P Global Market Intelligence recently found. However, Dave Gilbert, founder and chief executive officer of SMB alternative lending firm National Funding , said he’s seen a trend of growing traction within the small business community.

National 167

National Regulation Capital Industry 167

Bank Innovation

MARCH 30, 2018

Melbourne-based challenger bank Judo Capital will be focusing its efforts on small business banking in Australia, according to banking plans unveiled by the challenger yesterday.

Capital 199

Capital National Regulation Online 199

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report.

Lending 129

Lending Analytics Data Security 129

PYMNTS

APRIL 18, 2019

The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Compared to 2017 figures, small businesses have increased their demand for capital. Nearly one-third sought financing online in 2018, an increase from 24 percent in 2017.

Capital 109

Capital Survey Lending Online 109

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. Meanwhile, Australia and Ireland revealed their continuing support of the alternative SME lending space, even as the U.S. Alt-Lending. But the U.S. eProcurement.

National 100

National Trends Lending Capital 100

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. Yet, the small business lending gap remains. In a new report, PayNet and financial research firm Raddon examined the state of small business lending in the U.S.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. ní banka Taps Temenos.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

NOVEMBER 23, 2017

New York Venture Bank, a new financial institution (FI) created by big names in the financial services industry, has applied for a national bank charter. FDIC), the news report noted the new bank will begin with $100 million in capital. There will also be deposit products and online banking, among other offerings.

New York 100

New York National FDIC Lending 100

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Office of the Comptroller of the Currency for its application for a national bank charter. SoFi was valued at $4.8

Report 269

Report San Francisco Lending America 269

PYMNTS

JUNE 7, 2016

With an eye on what could be called a true greenfield opportunity, alternative lending platform Biz2Credit is launching its small business lending products in India.

Online 100

Online Lending Course Risk Management 100

PYMNTS

AUGUST 2, 2016

Small businesses will be crucial to the expansion of the P2P lending market across the globe, analysts from Technavio said. 1) said micro, small and medium-sized enterprise (MSME) lending will help fuel growth in the global peer-to-peer lending space between 2016 and 2020. ” .

Lending 100

Lending Capital Management Analytics 100

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s talk that alternative finance is dead. Well, in the U.S.,

Lending 100

Lending US Capital Report 100

PYMNTS

NOVEMBER 3, 2020

Furthermore, the new funding round is meant to also grow the firm’s presence or capacity to serve customers in other nations like Indonesia, Thailand and Singapore. The company’s foreign exchange trading features provide payments and trades in 11 distinct currencies with intentions for additional currencies to come at a later time.

Payments 263

Payments Resources Lending Online 263

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Alternative Lending. alternative lending space this week, too. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 million worth of venture capital across two deals. But it was the big names from Google, Cisco and Hewlett-Packard that made for the week’s largest enterprise-focused venture capital round. SME Finance. and Europe.

Lending 100

Lending Capital Google Security 100

PYMNTS

JUNE 24, 2016

Online to offline coming to Walmart near you, and we mean that sincerely. Online lending . The venture capital backers are no doubt smiling. . Remember there is one within 15 minutes of 90 percent of Americans. . A pretty clear-cut sizzle. When the saints come marching in, one wants to be in their number.

Lending 101

Lending Online South Dakota North Dakota 101

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to a December survey from the National Association for Business Economics (NABE).

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

JANUARY 29, 2020

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136

Lending New York Online New Jersey 136

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

MARCH 29, 2020

Bigger lenders — JPMorgan Chase , Bank of America , Capital One and Santander — are pouring over various borrowing rules and making revisions, informed sources told the WSJ. Square and On Deck Capital are among the FinTechs planning to follow suit in the coming days.

America 198

America Capital Cards Lending 198

PYMNTS

JUNE 28, 2016

A few years ago marketplace-based online lending was being hailed as the the signature innovation that was going to upend tradditional bank based lending for consumers and small businesses everywhere. Marketplace lending, in short, did not need more fireworks. Online lenders in the U.K. Online lenders in the U.K.

Lending 100

Lending National Marketing Online 100

South State Correspondent

JANUARY 20, 2023

Even though many loans were booked at below-par value (more information HERE), increasing margins helped drive significant revenue resulting in one of the best years for an initial risk-adjusted return on capital. The other ultra-competitive sector was owner-occupied lending backed by real estate to medical professionals.

Lending 195

Lending Community Bank Community Data 195

PYMNTS

MARCH 10, 2020

Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. It’s a self-perpetuating scenario that keeps barriers to capital in place. Improving The SMB Lending Experience. Asymmetric Information Exchange.

Data 193

Data Lending Capital social media 193

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

PYMNTS

MAY 7, 2020

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. The Great Pivot. Customers stored more than $1.3

Maine 141

Maine Online Capital Retail 141

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

OCTOBER 1, 2018

What does small business (SMB) lending look like? seems to be kicking off, showing evidence of surpassing traditional bank lending at many times. SMBs are too unfamiliar with alternative finance to turn to online players. In Mexico, small business lending is muted across the board. Meanwhile, in the U.S., In the U.K.,

Lending 115

Lending Survey Data National 115

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

APRIL 5, 2019

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. local time, as per National Automated Clearing House Association (NACHA) caps, as long as small businesses complete their booking or line of credit draw by 10:30 a.m. on a business day.

Capital 109

Capital Lending America Online 109

PYMNTS

DECEMBER 6, 2019

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. From Singapore to the U.K., based uncapped has announced $13.16

Fintech 133

Fintech Capital Lending Chicago 133

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

BankBazaar

APRIL 11, 2023

National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. The company grew its net revenue for FY23 by 60% over FY22 on the back of a 60% growth in its Credit Card issuances.

Branding 78

Branding Capital Cards Retail 78

PYMNTS

JULY 4, 2016

There may be one bright spot for Brazil’s financial services industry as political and economic turmoil rattle the nation. Reports by Newsweek on Friday (July 1) said entrepreneurs are looking to online funding, crowdfunding and alternative lending to start their businesses as Brazil endures its worst economic recession in decades.

Lending 102

Lending Online National Marketing 102

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. The nation saw four startups take home investment out of a total of seven investment rounds. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Alternative Lending.

Capital 135

Capital Lending Resources Oregon 135