PYMNTS

NOVEMBER 17, 2017

Think of banking and you might think of lending and deposits, where firms make money on the spread between what they pay savers and what they take in from borrowers. We have definitely seen instances where community banks are innovating to meet the unique needs of their customer base,” he told PYMNTS.

Community Bank 115

Community Bank Community Cards Lending 115

PYMNTS

AUGUST 3, 2017

Singapore sovereign fund GIC recently led a $220 million funding round for Chinese alternative lending platform Dianrong as the company looks to focus on research and development in China. Dianrong also saw backing from CMIG Leasing and South Korean fund manager Simone Investment Managers. alternative lender LendingClub.

Risk Management 101

Risk Management Lending Management blockchain 101

PYMNTS

JUNE 7, 2018

The landscape in SMB lending is almost totally unrecognizable from what it was even a short five years ago, BlueVine founder and CEO, Eyal Lifshitz, told Karen Webster shortly after his firm’s latest $60 million funding round was announced. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Lending 124

Lending Tools Management Risk Management 124

PYMNTS

JUNE 6, 2018

The landscape in SMB lending is almost totally unrecognizable from what it was even a short five years ago, Blue Vine CEO and Founder Eyal Lifshitz told Karen Webster shortly after his firm’s latest $60 million funding round was announced. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Lending 100

Lending Tools Management Risk Management 100

Abrigo

JULY 30, 2019

The loan committee uses the credit memo in deciding whether to approve the loan, so the lender wants to put forth an accurate and complete picture of the borrower -- not only for the borrower’s sake, but also for the financial institution’s risk management. Book loans faster while managing risk. Credit Risk.

Analysis 150

Analysis Data Risk Management Lending 150

PYMNTS

APRIL 23, 2018

To bring on such a robust fine, Wells was found guilty of violating the Consumer Financial Protection Act (CFPA) through the operation of an insurance program tied to its auto lending business. Those customers did not ask for it, and in many cases did not want it. That is what we did here.”. Google Pay’s 100 Million Downloads.

Data 100

Data Google Cards Lending 100

CB Insights

NOVEMBER 21, 2019

Our definition of fintech includes (1) technology companies that provide services to the financial services industry, and/or (2) technology companies that create, distribute, and administer financial products themselves. Accounting and expense management. or (2) leverage technology to provide lending products directly to end-users.

Fintech 93

Fintech Marketing US Technology 93

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? I've been in this business over 20 years and still don't know the definition of community banking. First National divested the unit because it didn't fit their definition of "community banking".

Community Bank 60

Community Bank Community Baltimore Lending 60

Gonzobanker

FEBRUARY 11, 2015

Here’s today’s question: Which of the following is the correct definition of a profitability system at a bank? Line of business/product line managers: You get to argue about how to make the numbers right. Finance: Those managers have some good points. As always, we are here to help. At 90% right, you know what you need to know.

System 60

System Risk Management Management Lending 60

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. Definition of LOS. A loan origination system automates, manages.

System 338

System Lending Software Analysis 338

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. By Mary Thorson Wright.

Compliance 70

Compliance Training Community Bank Regulation 70

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

Examples 221

Examples Fraud Resources Risk Management 221

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you a wealth management service from Set Protocol.

blockchain 52

blockchain Bitcoin Software Lending 52

Abrigo

APRIL 19, 2022

Obtaining business and personal financials, but not combining them into a single cash flow It may seem obvious that the above isn’t even a GCF analysis by definition, but this mistake happens. Different people calculating GCF in different ways will result in poor loan, pricing, and risk rating decisions. Lending & Credit Risk.

Analysis 195

Analysis Taxes Lending Examples 195

Gonzobanker

MARCH 24, 2020

While the events that will produce this inevitable spike in credit issues are not the same events as those that produced the credit problems in the first half of 2009, the events of today are definitely going to lead to significant credit problems for small business clients over the next several months.

Groups 68

Groups Strategy Guidelines Operations 68

FICO

FEBRUARY 12, 2023

The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. The business model here needs to focus on a strategy that balances lending growth while keeping risk in check.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

Fintech Labs Insights

APRIL 13, 2016

P2P lending platform. Wealth management platform. Data for B2B analytics & risk management. —– *We include digital consumer real estate platforms in our definition of fintech companies. Tags: Consumer, banking, lending, mobile. Total raised: $80 million. HQ: Minnesota City, Minnesota.

New York City 12

New York City Company Fintech Minnesota 12

Tefkin

MAY 6, 2015

It may sound cliché but the Innovator Dilemma effect is playing at full when most of your current revenue base depends on traditional distribution / management methods. Oscar’s mobile experience not only reduces its operational cost but helps redefine the link between carrier, customer and physician and potentially affect risk levels.

Industry 50

Industry Examples Google Big Data 50

Gonzobanker

DECEMBER 22, 2014

Rise of the Analytics Organization in a Dog-Eat-Dog World – Brush off your resumes Gonzoanalysts, at our client roundtables we heard about analytics organizations being formed and analysts and managers being hired to head them. Loan numbers are still managed with Excel spreadsheets and assigned at document prep time.

Los Angeles 101

Los Angeles Apple Risk Management California 101

Gonzobanker

AUGUST 17, 2016

Since BI initiatives are among the worst at scope creep and, well, going off a cliff, let’s start with a definition we can (hopefully) all agree on: Business intelligence helps turn internal transaction and external market data into an asset. C-level managers see themselves as enterprise digital leaders rather than functional silo leaders.

Leadership 60

Leadership Tools Big Data Risk Management 60

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. Bank project management offices. Roboadvisor Future Advisor acquired by establishment asset management giant BlackRock for $150M. Vendor management. “I

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

MARCH 12, 2019

After all, the OCC has the ability, drawn from enforcement action taken last year, to replace the bank’s top ranks, and the unnamed source has said “it may consider using” that power (though no definitive conclusion is in the offing).

Washington 115

Washington Risk Management Lending Report 115

PYMNTS

APRIL 1, 2019

Senate passed a bill broadening the SBA’s authority over its Small Business 7(a) loan program that would strengthen its credit risk management office, enhance the SBA’s oversight of lenders and enable full-risk analysis of its small business loan program. Last year, the U.S. ”

Leadership 116

Leadership Policies Risk Management Analysis 116