article thumbnail

Using digital lending helps to reach small businesses

Independent Banker

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. Benefits of digital lending. By William Atkinson.

Lending 91
article thumbnail

FinTechs Prove Their Value During Pandemic

PYMNTS

Whether it be a personal loan or accounts receivable from credit cards, to get your money faster and control of your destiny means a ton,” he said. And at a time when consumers are demanding flexibility in the form of more payment options and varying payback terms, Steinmetz doesn’t see small business lending as a slam-dunk idea.

Fintech 211
Insiders

Sign Up for our Newsletter

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

article thumbnail

2024 Trends & Predictions

Javelin Strategy & Research

2024 Trends & Predictions: Credit Payments Javelin Report Date: November 7, 2023 Authors: Brian Riley Research Topic(s): Credit These are challenging times for the issuers of credit cards, the most common form of unsecured debt in the United States.

Trends 45
article thumbnail

Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. Instead, it is replacing payday lending as an industry. The bank had one of the most interesting private equity and digitization strategies in the US for the middle market in the 2010s.

Capital 52
article thumbnail

The 2014 GonzoBanker Awards

Gonzobanker

A keen industry mind who banks the highest tweets-per-minute ratio of anyone out there, Bradley departed his VP digital strategy position at California’s $3B Mechanics Bank to be North American head of innovation for $77B and Top 20 worldwide bank Santander. And won’t address the biggest area of fraud growth, which is card-not-present.

article thumbnail

4 winners and losers from the American Banker Digital Banking 2018 Conference

Gonzobanker

But what’s concerning me more than the gulf between big banks’ and community/regional banks’ digital adoption is the growing disconnect between bank strategy and digital strategy in community and regional banks. Is voice banking even a blip on your digital roadmap? And yes, you can humanize digital banking.

article thumbnail

2022 Trends & Predictions

Javelin Strategy & Research

2022 Digital Banking Trends & Predictions Javelin Report Date: December 1, 2021 Authors: Mark Schwanhausser , Emmett Higdon , Dylan Lerner Research Topic(s): Digital Banking , Digital Strategy & Experience , Mobile & Online Banking The traditional definition of “financial relationship” has changed forever.

Trends 40