Remove Capital Remove Millennials Remove Online Remove Risk Management
article thumbnail

Banks should know these 5 Traits of Millennial business owners

Abrigo

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

article thumbnail

How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience. Lending & Credit Risk. Credit Risk Management.

Lending 259
Insiders

Sign Up for our Newsletter

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

article thumbnail

How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience. Lending & Credit Risk. Credit Risk Management.

Lending 195
article thumbnail

Fighting Digital with Digital

Independent Banker

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010. FDIC-insured deposits largely solve this problem for banks.

article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

Idaho 148
article thumbnail

Digital Disruption

Independent Banker

See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). FinTech customers have no idea they are exposing themselves to identity and financial risk. Consider the 80 million millennials who would rather manage their finances with a smartphone app than visit a bank branch.

article thumbnail

Why Banks Reach For The Unprofitable, Demanding SME

PYMNTS

“The communities and local economies that they serve rely on this capital to succeed and thrive.” “Right now, business owners have a different set of expectations when it comes to accessing capital and interacting with traditional lenders,” he explained. and other markets.

Lending 100