PYMNTS

JANUARY 17, 2021

Figure Technologies , which works in blockchain-based finance tech transformations, has worked with J.P. This will mark Figure’s fifth online financing facility, in which the company has closed almost $1.5 This will mark Figure’s fifth online financing facility, in which the company has closed almost $1.5 This facility with J.P.

Lending 199

Lending blockchain National Payments 199

Bank Innovation

NOVEMBER 29, 2018

Dan O’Malley, CEO of Numerated Growth Technologies, Inc., will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking.

Innovation 170

Innovation Seattle Lending Data 170

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Isabel will be part of Finastra’s recently expanded leadership team as the company pivots to a ‘Business Unit’ led model.

Lending 109

Lending Leadership Community Software 109

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. 5) said InfraRisk will integrate its cloud-based Credit Value Maximiser (CVX) technology into Judo’s infrastructure.

Lending 131

Lending Analytics Compliance Fintech 131

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). billion, and it extends Goldman Sachs’ push into Main Street Lending. American Express, Amazon Rollout Card For UK SMBs. billion in spending annually with the deal.

Cards 248

Cards Innovation United States Branding 248

Bank Innovation

JANUARY 30, 2018

EXCLUSIVE—Online lender Kabbage has enlarged its small business line of credit, now offering clients lines up to $250,000, the company announced today. Kabbage anticipates that businesses will use the funds for technology investment, the company stated in today’s release.

Technology 281

Technology Online Innovation Company 281

PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems. New tools for new FinTechs.

Innovation 191

Innovation Lending Fintech Bitcoin 191

Bank Innovation

APRIL 13, 2018

Small business banking company Kabbage is set to acquire startup Orchard Platform Markets, a provider of lending data and services, it was reported yesterday. Plans for the […].

Lending 223

Lending Marketing Data New York 223

PYMNTS

JULY 7, 2020

It also opened the door for a boom of FinTech innovation and a flood of alternative lenders targeting the small- to medium-sized business (SMB) segment. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom. ” A Banking Pullback? The More Things Change.

Lending 171

Lending Industry Fintech UX 171

PYMNTS

DECEMBER 12, 2018

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. In a statement, Co-founder of Cred and Universal Protocol Dan Schatt said the technology can be particularly applicable to the corporate finance fields. In a press release on Tuesday (Dec.

Lending 139

Lending blockchain cryptocurrency Bitcoin 139

PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Innovating for Community Banks. Leveling the Playing Field.

Community Bank 205

Community Bank Community Innovation Fintech 205

Bank Innovation

JANUARY 2, 2019

All that is changing due to emerging technologies. The banking industry is facing many unprecedented challenges due to the rise of financial technology companies. For quite a long time, traditional brick and mortar banks only had to worry about making money and being profitable.

Technology 282

Technology Financial Technology Operations Industry 282

Bank Innovation

MAY 4, 2017

The lending business appears to be treating Square well. The division of the company responsible for providing loans to small businesses and Square sellers across its global network, Square Capital, processed more than 400,000 business loans for the quarter, for a total of $251 million. This is up 64% from last year.

Capital 239

Capital Company Lending Payments 239

Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. Hans Zandhuis, Head of Ally Lending, Ally.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

MARCH 7, 2019

The card network has partnered with Open Banking service Konsentus to add an identity and regulatory checking service to its roster of Open Banking tools and technologies. How PSD2 is Changing Lending in the U.K. Since that point, regulators and companies in the U.S. and how third-party players are coping with it.

Lending 198

Lending Regulation Regional Data 198

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task.

Technology 145

Technology Regional Community Bank Community 145

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Late last week, the U.S.

Lending 150

Lending Fintech Data Wyoming 150

Bank Innovation

DECEMBER 6, 2016

Fiserv, a leading banking technology company, has signed on as the headline Diamond sponsor of Bank Innovation 2017. Bank Innovation 2017 is this blog’s annual gathering on ideas and opportunities in fintech.

Innovation 150

Innovation Fintech Technology Company 150

South State Correspondent

MARCH 14, 2024

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. Few companies were more innovative.

Innovation 195

Innovation Strategy Capital Comparison 195

Bank Innovation

MAY 5, 2017

Lending Club might be through the woods, thanks to banks. Banks made up a “record” 40% of the lender’s almost $2 billion originations for the quarter, up from 31% last quarter, according to Lending Club CEO Scott Sanborn.

Lending 225

Lending Company Online Technology 225

PYMNTS

JULY 22, 2019

has announced the launch of a venture banking and lending business to provide debt capital financing and commercial banking solutions to growth companies and their investors. The business will target early stage startups through mature growth companies, with a focus on the technology, healthcare, and life sciences industries.

Lending 100

Lending United States Boston Capital 100

PYMNTS

DECEMBER 2, 2019

Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the “oversubscribed” funding round — one of the largest for a FinTech startup in Southeast Asia.

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

JANUARY 11, 2019

Bukalapak, an online marketplace company from Indonesia, will soon announce a new round of funding, according to reports. Bukalapak’s biggest shareholder is Indonesian media company Emtek, which had a 36.86 percent stake in the company in September of 2018. Naver Corp.

Company 139

Company Maine Lending Software 139

PYMNTS

FEBRUARY 28, 2020

Committee Chairwoman Nydia Velázquez said, according to the report, “it is vital that Congress keep pace with the evolving needs of our country’s innovative small businesses.” The “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will be held on March 4 at 11:30 a.m.

blockchain 249

blockchain US Innovation Lending 249

PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. The solution is the result of a collaboration with Visa, the company noted. FLEETCOR Wields Cards For Supply Chain Sustainability.

Cards 150

Cards Innovation Management Tools 150

Bank Innovation

FEBRUARY 15, 2017

Lending Club may be back on track with banks, but not soon enough to help its fourth quarter results. The company set high goals for the fourth quarter, including its determination to generate $2 billion in loans. 2016 was a tumultuous year for the online lender. The lender’s very narrow miss of Read More.

Lending 236

Lending Online Company Operations 236

Bank Innovation

DECEMBER 12, 2016

Financial technology solutions provider D+H has launched Barometer today, a software-as-a-service assessment and training solution for lenders, in partnership with the Royal Bank of Canada, which is one of the largest financial institutions in the country. Both companies are based in Toronto.

Lending 150

Lending Training Financial Technology Software 150

Bank Innovation

MAY 23, 2019

Small business lender BFS Capital has hired industry veteran Fred Kauber as chief technology officer and chief product officer. Kauber will be leading a revamp of the company's core lending technology stack, its risk engine, CRM and web experience for an expected rollout later this year.

Capital 170

Capital Lending Innovation Industry 170

Bank Innovation

AUGUST 2, 2019

American Express acquired business-to-business payment company Acompay this week, allowing the company to automate the accounts payable process for business customers. The acquisition comes at a time when large institutions are looking to grow their business clientele through new underwriting tools and other technology.

Lending 170

Lending Tools Technology Payments 170

PYMNTS

JANUARY 29, 2018

Small and medium-sized business (SMB) lending company Breakout Capital is expanding its product line, according to company reports on Friday (Jan. Another factoring company, Paragon Financial Group, announced earlier this month that it would be acquired by Trade Finance Solutions (TFS). “We

Capital 109

Capital Company Lending Innovation 109

PYMNTS

SEPTEMBER 14, 2016

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending.

Lending 100

Lending Regulation Conference Study 100

PYMNTS

OCTOBER 31, 2019

However, CUs face an innovation gap when compared to big banks that are racing ahead and implementing technology to better evaluate risk, provide personalized insights and foster greater financial inclusion in their markets. Half of U.S. Credit unions that have picked an AI integration starting point still have more barriers to pass.

Innovation 101

Innovation Survey Lending Technology 101

Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. Last week, Barlow Research, the foremost authority on commercial banking, announced that Sageworks won top honors in its 2017 Monarch Innovation Awards.

Innovation 150

Innovation Taxes Analysis Lending 150

PYMNTS

JANUARY 21, 2021

In the bid to hasten their digital transformation, when it comes to innovation , financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. In a nutshell: If banks don’t innovate in a way that is imaginative and proactive, they will lose customers. Cohen asked. It’s unthinkable.”.

Management 303

Management User Experience Innovation Fintech 303

Abrigo

OCTOBER 20, 2020

Learn how to support company culture and hiring long-term talent. Plan for new technology and innovations. From economic forecasts to company culture, there were important takeaways for all community financial institutions. . Supporting company culture, attracting talent moving forward. Drive Growth. learn more.

Management 195

Management Lending Community Strategy 195