article thumbnail

What borrowers want - Bringing value to the member relationship

Abrigo

In a world filled with digital loan applications, growing fintechs and booming small businesses, credit unions need to continually evaluate their borrower experience. When it comes to borrower experience, 78 percent of community financial institution borrowers reported overall satisfaction as opposed to 46 percent of fintech borrowers.

Survey 150
article thumbnail

Ant Financial Changes Focus To Technology Services

PYMNTS

By comparison, the company’s technology services were approximately 34 percent of revenues in 2017. It generated $2 billion in pre-tax profit last year. The decision was partly fueled by deepening regulatory pressure on Ant Financial’s business lines such as credit rating, payments and microlending.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Deposit price comparison site. Income tax service. Health insurance comparison site. Personal loan comparison site. The post Fintech Fundings: 114 Companies Raised $7.3 ——-. Marketplace lender for residential solor projects.

article thumbnail

Copenhagen Banks On Livability For Tech Success

PYMNTS

In comparison to other European capitals, Copenhagen has a relatively low number of startups per capita, as well as low numbers of high-growth SMEs. With an unfavorable tax system and a perceived lack of entrepreneurial culture, Denmark may not be top of mind when it comes to flourishing tech hubs.

Capital 100
article thumbnail

Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

As a point of comparison, Zelle reported that two years after its launch, 60 of the 229 banks that are part of its network were “live and processing transactions” in the U.S. That seems like music to the ears of FinTechs seeking new rails to connect them directly to and from the bank accounts of consumers and businesses. Not exactly.

Payments 201
article thumbnail

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

It was a quieter week in fintech fundings. The post Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12 appeared first on Finovate. Tags: SMB, savings accounts, tax, Lincoln Savings Bank (partner). And we are not sure if the NCR inflow should even be considered “new money.” HQ: Glendale, California.

article thumbnail

Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 16 July to 22 July, 2016: CommonBond. Financial services comparison portal. Tax filing portal. Financial services comparison portal. Tags: Consumer, tax prep, payments. Total dollars raised YTD is $18.6 Deal4Loans.

Fintech 12