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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. It will now focus solely on its cloud-based secured lending software solution.

Capital 130
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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. Some dropped certain grades, and the mentality of grabbing market share to be profitable has shifted.”. The Coming Risk Assessment Reset.

Lending 116
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The Benefits of Building a Strong Sales Culture at Your Institution

SWBC's LenderHub

Blake Hastings, my colleague and former senior leader at the Federal Reserve Bank of Dallas, expects financial institutions to see the following lending patterns next year: Economists are predicting loan activity to rise at a more modest pace in 2022 than we’ve seen in 2021.

Dallas 78
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Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market

PYMNTS

Reports in Bloomberg on Thursday (July 12) said the junk bonds and leveraged loans market is worth $2.3 trillion, and competition is rising as regulators slowly ease restrictions on banks’ corporate lending practices.

Marketing 100
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Rising Interest Rates And The Changing Mortgage Market

PYMNTS

Climbing interest rates are taking their toll on the number of consumers in the market for new home mortgages. The Incredible Shrinking Non-Bank Mortgage Lending Market. Unlike banks, these lenders have neither deposits to fund themselves nor (in most cases) other lines of business to buoy them through a slow housing market.

Marketing 116
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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Impact Roadshow | Dallas, TX

Filene

QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. Innovation Immersion - Filene’s Innovation Immersion program helps credit unions execute on innovation, ideas, and cultural change.

Dallas 28