PYMNTS

MARCH 20, 2020

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party platforms. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S. In the U.K.,

Lending 233

Lending Data User Experience Fraud 233

Bank Innovation

SEPTEMBER 21, 2017

However, all agreed on the increasing potential of alternative data. While only some professionals were bold enough to say the standardized credit scoring has become marginalized, others maintained that it was here to stay. For […].

Phoenix 342

Phoenix Data Lending Marketing 342

Perficient

JULY 27, 2023

Data integration is significant in gaining insights into this updated clientele in the post-pandemic era. What about the data? Data integration from updated business directories with business names will also help to integrate only those existing businesses. Contact our financial services industry experts today.

Data 221

Data Compliance Community Lending 221

CFPB Monitor

NOVEMBER 28, 2022

On November 17, 2022, the Consumer Financial Protection Bureau (“CFPB”) announced in a blog post that it is in seeking to build a new data set that “will allow for a more robust understanding of market trends” in the auto market. But, despite its size, we know much less about the auto lending market.

Data 147

Data Marketing Lending Trends 147

Perficient

APRIL 20, 2023

That’s a whole lot of consumers, all of whom come with unique expectations, needs, and data. blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation). prefer to bank via a mobile app or website.

Marketing 294

Marketing Marketing Strategies social media Strategy 294

PYMNTS

OCTOBER 9, 2020

The pandemic has cast a chill across the loan process, but Matt Harris , co-founder and CEO of Bloom Credit , told PYMNTS that a lack of credit data and creative alternative solutions might be causing even more lending problems. He said Chime is a good example of the years of work required to come to market with a new credit product.

Lending 282

Lending Data Compliance Tools 282

South State Correspondent

SEPTEMBER 20, 2022

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

Conference 195

Conference Marketing social media Data 195

South State Correspondent

FEBRUARY 20, 2023

Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. The largest 100 banks dominate the industry with almost 75% of the market share.

National 195

National Lending How To Community Bank 195

Perficient

JULY 6, 2020

As times have evolved so have our data challenges — but we have been trying to solve it by giving it dedicated resources and we still end up missing SLAs in our traditional On Premise worlds. Add to the fact the constant dependency on personnel to manage the data loads, data ops, size of the database and on and on.

Data 476

Data Analytics Tools Management 476

PYMNTS

NOVEMBER 16, 2020

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. This is a market that's going to be digital-first in the future," he said.

Lending 289

Lending Technology Capital Meeting 289

Abrigo

JULY 25, 2022

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.

Lending 195

Lending Kansas City Kansas Resources 195

PYMNTS

APRIL 13, 2018

Small business lending platform Kabbage is making plans to acquire Orchard Platform Markets, a provider of lending data and services. Founded in 2013, New York-based Orchard initially provided Wall Street firms with data on the marketplace lending sector. Both companies declined to comment. billion.

Lending 108

Lending Data Marketing New York 108

PYMNTS

JANUARY 6, 2021

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We

Lending 323

Lending Fintech Data Comparison 323

PYMNTS

JANUARY 30, 2020

The European Central Bank (ECB) data showed on Wednesday (Jan. 29) that lending to euro zone companies fell to a two-year low at the end of last year as bank loans to households grew, according to Reuters. The ECB data showed that lending to non-financial corporations fell to 3.2 percent to 3.7

Lending 130

Lending Data Policies Company 130

Abrigo

JULY 14, 2023

Practical advice for using data to develop and support institution goals Answering three questions ahead of strategic development discussions can ensure data drives your financial institution's efforts. Second, efficiently generating those insights from your data is a requirement for a sustainable process.

Strategy 195

Strategy Data Analytics Analysis 195

Abrigo

OCTOBER 21, 2020

Key Takeaways Trepp's head of Commercial Real Estate Finance outlined the current CRE market and looked at the future of CRE during Abrigo's recent ThinkBIG conference. This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here. CRE Lending.

Marketing 312

Marketing Lending Risk Management Retail 312

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Takeaway 2 Loan decisioning allows institutions to efficiently allocate credit analysts’ time for profitable small business lending.

Lending 195

Lending Community Bank Community Analysis 195

CFPB Monitor

FEBRUARY 19, 2024

The CFPB recently published a notice in the Federal Register indicating that it is seeking approval from the Office of Management and Budget (OMB) for the collection of additional auto finance data pursuant to its authority under the Dodd-Frank Act. Continue Reading

Data 103

Data Lending Management Marketing 103

Bank Innovation

SEPTEMBER 25, 2017

Australia has become the second largest market for alternative lending due to the country’s favorable regulations for lenders. This is according to new data by financial regulator KPMG, in tandem with the Australian Centre for Financial Studies, which shows that the market grew over 50% within the last year.

Lending 170

Lending Marketing Regulation Study 170

PYMNTS

DECEMBER 17, 2019

Managing cash flow can be tricky work when one is new to the market or looking to expand because cash is in short supply. CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms.

Lending 132

Lending Data Retail Capital 132

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. As bankers continue to fight the deposit wars, they must move past the polite talk and build a true go-to-market plan to capture the lucrative U.S. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

Bank Innovation

OCTOBER 18, 2018

The lending market is going through some major, rapid changes, and it’s more exciting than ever for consumers looking for attractive deals on their loans. At the same time, lenders themselves have an easier time managing the huge volume of customers they have to work with, along with all the data they generate on a […].

Lending 244

Lending Fintech Data Management 244

PYMNTS

NOVEMBER 10, 2020

It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. The rest will go toward developing partnerships with governments and regulators “to raise the bar” when it comes to modern, unbiased lending.

Lending 345

Lending Software Compliance System 345

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

Gonzobanker

AUGUST 11, 2020

OnDeck’s fire sale aside, recent deals at nCino, Black Knight and Ellie Mae are a shot in the arm to a market in need of some good news. 2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions.

Lending 158

Lending Fintech Analytics UX 158

Abrigo

OCTOBER 3, 2021

Loan Review Issues Include Getting Necessary Data Loan review requires accurate loan-level information. Takeaway 1 Effective loan review begins with good data, but 37% of survey respondents say getting data is challenging. Effective loan review begins with good data. A survey by Abrigo found this is a common challenge. .

Survey 195

Survey Data Lending System 195

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. Takeaway 2 A key component of business intelligence is identifying which data generates the most effective lender dashboards.

Report 195

Report Lending Trends Data 195

PYMNTS

OCTOBER 15, 2018

India-based PayMate is expanding its offering beyond B2B payment services as it steps into the small business (SMB) lending market. The move is part of PayMate’s expansion strategy after collecting credit data of its small business customers already using its platform. Reports in The Hindu BusinessLine on Friday (Oct.

Lending 123

Lending Marketing Payments Strategy 123

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. bank sets its data sharing rules for FinTech firms. JPMorgan Sets FinTech Data Deadline. Plus, a major U.S. As the U.S. FreshBooks Inks Tax Integration Deal.

Lending 217

Lending Taxes Fintech Data 217

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. . This competition can only increase as the lending landscape continues to shift.

Lending 195

Lending St. Louis Community Survey 195

PYMNTS

MARCH 12, 2019

Nature abhors a vacuum, as the saying goes, and we might say the same for corporate lending. There’s opportunity in serving the middle market in the U.S., where smaller firms seem stuck in a limbo of fragmented lending solutions, and where loans are pricier than might be seen elsewhere. and middle-market firms employ 29.7

Lending 100

Lending Marketing Capital Data 100

Bank Innovation

JANUARY 7, 2019

Fintech lending is on the rise but under the microscope, too. Government Accountability Office released in December said financial regulators should give the role of non-bank players in the small business and consumer lending markets a little more scrutiny, and clarify their views on the use of alternative data to make […].

Lending 199

Lending Fintech Regulation Data 199

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend.

Lending 190

Lending Capital Fintech Security 190

Gonzobanker

DECEMBER 7, 2023

It’s time for banks and credit unions to finally execute those C&I lending priority initiatives. Senior bank and credit union executives have ranked commercial and industrial (C&I) loans as a top lending priority over the past several years in Cornerstone Advisors’ annual What’s Going On in Banking research.

Lending 149

Lending Analysis Strategy Management 149

PYMNTS

JULY 29, 2020

In other news, Ledger , the crypto wallet maker, reported a data breach that resulted in the exposure of 1 million email addresses and other data, according to a blog post on the company’s website. In addition to email addresses, the data accessed included names, phone numbers, ordered products and postal addresses.

cryptocurrency 165

cryptocurrency Bitcoin Lending Data 165