PYMNTS

DECEMBER 19, 2017

Cryptocurrency holding company Integrated Ventures wants to disrupt the lending industry with blockchain. The company announced news on Monday (Dec. 18) of the launch of CryptoFunder, a blockchain platform that provides lenders with a way to store and manage lending information.

blockchain 122

blockchain cryptocurrency Lending Company 122

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.

Lending 284

Lending Capital Company Innovation Strategies 284

PYMNTS

SEPTEMBER 8, 2020

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Not so long ago, linking cash account statements across far-flung systems or operations would have taken days or weeks and extensive testing to synthesize all that data into one centralized presentation.

Management 268

Management Lending System Operations 268

PYMNTS

MAY 29, 2019

Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, inventory, expansion and other mission-critical business activities. When it comes to SMB lending, PayPal has gone global. and global economy. and global economy.

Lending 221

Lending Capital Operations Community 221

Independent Banker

APRIL 30, 2022

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Would you like others articles like this in your inbox? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

FEBRUARY 25, 2022

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . You’re in good company. This competition can only increase as the lending landscape continues to shift.

Lending 195

Lending St. Louis Community Survey 195

PYMNTS

NOVEMBER 30, 2020

Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated. Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement.

Lending 197

Lending Groups Capital Security 197

Jeff For Banks

AUGUST 14, 2022

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. But in January 2021, the new OCC announced it would pause the "Fair Access" rule that was intended to prevent another Operation Choke Point.

Operations 78

Operations Lending FDIC Industry 78

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S.

Lending 233

Lending Data User Experience Fraud 233

PYMNTS

FEBRUARY 14, 2020

has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company said in an announcement. Technology and equipment vendors can be live in a matter of minutes, offering real-time POS lending with little or no integration needed. “As

Lending 151

Lending Groups Online Technology 151

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. Together, we will apply cutting-edge technologies to provide superior lending services for SMEs.”

Lending 131

Lending Analytics Compliance Fintech 131

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

OCTOBER 20, 2020

Learn how to support company culture and hiring long-term talent. The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. Supporting company culture, attracting talent moving forward. Drive Growth.

Management 195

Management Lending Community Strategy 195

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. Equiniti Eyes APIs for Risk Management. Bectran Augments Cash Application With API.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

JANUARY 18, 2019

JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times ( FT ) reported on Thursday (Jan. and internationally,” said Co-President and Chief Operating Officer Daniel Pinto in the memo.

Operations 151

Operations Payments Community Bank Cards 151

Cisco

JUNE 7, 2022

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. In between these events, a different crisis began in the US sub-prime lending market. The subsequent regulatory activity in response to these events focused on operational risks.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . What are model risk management and model validation? SR 11-7, issued by the Federal Reserve and OCC in 2011, is the supervisory guidance on model risk management.

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Takeaway 2 Capital, performance, and administrative covenants are common with business loans.

Risk Management 221

Risk Management Lending Policies Management 221

PYMNTS

JUNE 16, 2020

Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. In an age where U.S.

Company 214

Company US Policies Course 214

PYMNTS

DECEMBER 10, 2018

China Lending Corporation has announced the launch of its new supply chain financing services, which include a business factoring program. The program will provide small to medium-sized enterprises (SMEs) with the funding to finance operations and growth. a recently-incorporated, majority-owned subsidiary of China Lending.

Lending 150

Lending Operations Marketing Industry 150

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Cohen asked. It’s unthinkable.”. Launching Into New Markets.

Management 303

Management User Experience Innovation Fintech 303

Abrigo

MAY 15, 2020

Their loan requests, according to court documents, were made to pay employees for a business that was not operating at the time of pandemic and had no salaried employees. Ruth’s Chris Steakhouse, Shake Shack, and the Los Angeles Lakers made headlines last month when they, along with other public companies, received the small business loan.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

PYMNTS

JUNE 1, 2020

Kevin Reen and Bill Juliano, who recently worked for J.P.Morgan Chase and Santander Bank respectively, will now serve as Wells Fargo ‘s new corporate risk leaders, in the company’s attempt to have better oversight going forward. For Wells Fargo, he will act as the CRO for Consumer Lending.

Risk Management 130

Risk Management Management Strategy Operations 130

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14).

Lending 189

Lending Fintech National Taxes 189

PYMNTS

JANUARY 2, 2020

The funding will be used to introduce B-North’s regional “Lending Pods” across Manchester in the second quarter of 2020. B-North’s proposed regional pod model and cloud banking technology will allow it to lend up to 10 times faster than other banks in order to help [small businesses (SMBs)] grow and develop,” according to its website.

Lending 131

Lending Regional Study Fintech 131

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

Lending 150

Lending Resources Capital Technology 150

PYMNTS

JANUARY 22, 2019

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday (Jan. The company also integrates a financing service for small firms, using data from the POS tool to analyze cash flow.

Lending 137

Lending Payments Tools Capital 137

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. The presentation will occur on June 10 at 4:00 p.m.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

OCTOBER 1, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. Anil Ambani , group chairman of the non-bank financial company (NBFC), revealed the firm’s plans on Monday (Sept. Following Ambani’s announcement, shares in Reliance Capital dropped to their lowest level in two decades.

Capital 109

Capital Lending Regulation Operations 109

PYMNTS

JANUARY 15, 2021

But presentation materials that accompanied the results showed that of the reserve released in the quarter, $900 million came from the consumer side of the book, so to speak, and were released from home lending. The remaining $2 billion that was released came from the bank’s wholesale operations. billion at the end of the quarter.

Management 151

Management Mobile Conference Lending 151

PYMNTS

MARCH 19, 2019

Grab Financial Group , the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Grow with Grab” is its full push into lending and insurance, the company said in the press release.

Lending 131

Lending Fintech Groups Policies 131

PYMNTS

JUNE 29, 2018

As Amazon presses further into China to compete with rivals like Alibaba , a job posting on the Amazon website may have just revealed plans for the eCommerce conglomerate to extend its small business lending program into the country. Amazon first began lending to small businesses in 2015, beginning with the U.S., Japan and U.K.

Lending 109

Lending Operations Cards Report 109

PYMNTS

NOVEMBER 1, 2018

In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Online lending had some restrictions in place, where there could no longer be guaranteed returns and lenders could not cover losses via guarantees. Regulations take shape, usually quite a bit more slowly.

Lending 150

Lending Guidelines Fintech Industry 150

Abrigo

AUGUST 9, 2019

Banks and credit unions must learn about these upcoming changes, adjust for them, and meanwhile continue to operate their existing institutions and meet customers’ needs while following all of the regulations that come with being a financial institution. These two tracks will help financial institutions to manage risk and drive growth.

Management 150

Management Conference Lending Training 150