article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Moving all customers to digital statements, restructuring compliance reviews and employee onboarding are just some of the more popular efforts that banks are undertaking in 2023. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. Many banks, for example, are still hyper-competitive in multifamily lending.

article thumbnail

Rebeca Romero Rainey: ICBA’s fintech partnership

Independent Banker

Themes for the ThinkTech Accelerator include next-generation lending, AI and machine learning, blockchain, payments, advanced analytics and big data, regulatory compliance tools, cybersecurity, authentication and streamlining the customer experience. Exciting, right? March 18-22, so you’ll have an early opportunity to work with them.

Fintech 70
Insiders

Sign Up for our Newsletter

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

article thumbnail

Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Proposal Issued. securities credit.

Lending 195
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Randy Stevens , CEO , First Farmers and Merchants Bank , Nashville TN. We salute a legend of lending and credit union leadership.

Fintech 147
article thumbnail

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Alt-lending to small businesses. HQ: Nashville, Tennessee. Marketplace lending analytics. Tags: Consumer, lending, peer-to-peer, credit, underwriting, investing. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5 million ($3.5

Company 12
article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

The Grow-a-Cool-Niche-Award – goes to Bank Newport for creating a national marine lending business and investing to win with more talent, partnerships and technology. Word: Community banks don’t lend on $400 million office buildings in Manhattan and San Francisco. Sounds like a cool strategy to build a smarter bank. And finally….

Fintech 195