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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

The level of market volatility hitting the U.S. After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. ” A Banking Pullback? .

Lending 171
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The case for end-to-end digital lending

Independent Banker

Offering digital lending isn’t about the bells and whistles. started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community bankers are increasingly recognizing that the future of digital lending is here. Illustration by Out of the box/Stocksy.

Lending 91
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Union Bank’s New Head of Digital Banking, Julie Demarigny, Talks Innovation

Bank Innovation

Not even a month has passed since Julie Demarigny, a veteran in digital entertainment industry having served Warner Bros. and Sony Music, has joined West Coast focused Union Bank as its head of digital banking.

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15 Twitter accounts every bank executive should follow

Abrigo

Social media, however, can be very helpful to executives and other staff of financial institutions as they try to keep up with industry trends, scout competitors and stay abreast of regulatory changes or best practices. His recent research reports have covered SMB lending, alternative lenders and automating commercial lending.

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Revenue-Based Financing Challenges The Bank Loan Status Quo

PYMNTS

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

Capital 132
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2024 Trends & Predictions

Javelin Strategy & Research

With more than $1 trillion in revolving debt and $4 trillion in transaction throughput, the credit card industry must prepa. The dizzying array of options can be overwhelming to merchants of any size, but especially to small.

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Singapore’s OCBC Bank Approves Mortgages in 60 Minutes

FICO

“OCBC has a reputation for innovation,” said Dinesh Suresh, head of digital strategy, consumer secured lending at OCBC Bank. We wanted to build on this by offering ‘instant mortgages’ as the next industry-first. For its achievements, OCBC won a 2021 FICO® Decisions Award for customer onboarding & management.