PYMNTS
JUNE 12, 2018
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. Kassul noted his firm used to invest in ABS from the lending marketplaces but, eventually, there just wasn’t enough profit in it. The Coming Risk Assessment Reset.
PYMNTS
JANUARY 7, 2020
For instance, online marketplace and auction site eBay has released eBay Motors , a new app that uses artificial intelligence (AI) to list a car in under five minutes, according to a report by The Verge. The ways people search for and purchase a vehicle continue to change,” said Tom Lazenby, auto lending manager for Regions Bank.
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PYMNTS
APRIL 21, 2020
According to the Dallas Business Journal , JCPenney had a turnaround plan before the pandemic hit. The Journal says that the online presence for Penney’s is lagging and it has already furloughed a majority of its employees. Speculation now moves to JCPenney, which was struggling before the coronavirus pandemic hit. billion in sales.
Independent Banker
JUNE 30, 2022
Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.
South State Correspondent
JANUARY 4, 2023
Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Remember all those five-year fixed-rate loans you booked at 4%?
PYMNTS
MARCH 7, 2016
HP Enterprise surprised investors with better-than-expected earnings following the Hewlett-Packard division, and big banks still hold the vast majority of small business lending business in the U.S., Meanwhile, SMEs are facing increasing late payments, more concerned accountants and depressingly low satisfaction rates with online lenders.
Independent Banker
JULY 29, 2016
It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. It also offers online training available 24/7. Online Education Center. Consumer Lending Institute. Commercial Lending Institute. 7–9 in Dallas. 25–30 in Denver.
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