Affirm CFO swears off auto lending, for now
Payments Dive
MARCH 12, 2024
The buy now, pay later company seeks to be involved in more consumer spending opportunities, but finance chief Michael Linford all but ruled out auto lending.
Payments Dive
MARCH 12, 2024
The buy now, pay later company seeks to be involved in more consumer spending opportunities, but finance chief Michael Linford all but ruled out auto lending.
Perficient
MAY 5, 2022
While it was once expected and acceptable for lenders to enforce standardized payment due dates and policies, COVID-19 brought the impracticality and ineffectiveness of a “one-size-fits-all” approach to credit and lending to light. The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending.
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Abrigo
JULY 25, 2022
Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.
South State Correspondent
FEBRUARY 20, 2023
Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. Community banks cannot match software companies or larger banks in spending and IT development.
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See how theLender, using transformative digital technology, grew their lending volume by orders of magnitude with an innovative approach to mortgage lending. Private lenders are working to keep loan costs down and offer a frictionless and affordable lending experience.
PYMNTS
JUNE 4, 2020
The Federal Reserve will launch the Main Street Lending Program, which is geared toward mid-sized businesses, this week. By contrast, the Paycheck Protection Program (PPP) loans were designed to help the smallest companies in the nation survive the pandemic, Marketplace reported.
Bank Innovation
FEBRUARY 27, 2020
An update to Square’s credit risk model for its Square Capital commercial lending product — first disclosed yesterday — was “a key driver of Capital’s outperformance in the fourth quarter,” the company said. The advancement of Capital is key for Square as it continues to grow the fast-growing — and lucrative — lending product.
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Community banks are at risk of losing their core business to the companies innovating in the paytech and lendtech spaces. Small business lending is ground zero for this imminent disaster. Though only in charge of a small percentage of total assets, they’re disproportionately dominating small business lending.
Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy
Join this exclusive webinar with Ryan McInerny to learn: Cryptocurrency asset market trends How to manage risk and compliance to serve customers safely Best practices for identifying crypto transactions and companies Revenue opportunities with custody arrangements, brokerage fees, account maintenance fees, and lending The roadmap needed for successful (..)
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