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. What's just as important is to ensure that lending technology is flexible. Flexible Technology.

Lending 289

Lending Technology Capital Meeting 289

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

Gonzobanker

DECEMBER 4, 2019

Recent acquisitions illustrate how data is driving fintech valuations. Fintech deals continue to dominate the financial service headlines, and a growing number of these transactions are in analytics. Lending is a great area of a bank for analytics to grow from naturally. nCino recently announced.

Analytics 91

Analytics Lending Fintech Leadership 91

Bank Innovation

MAY 18, 2016

In the US alone, the unfulfilled small business lending market was estimated to have reached $96.5 That’s a lot of lending mouths going hungry, but also a big pie up for grabs by those smart enough to work out how to actually lend to Read More. billion in Q4 of 2015.

Lending 170

Lending Fintech US How To 170

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 210

Fintech Los Angeles Lending Analytics 210

PYMNTS

AUGUST 7, 2020

Everyone knows the old joke about how easy getting into the lending business is: “Lending money out is very simple — pretty much anyone can do it. How To Weather The Storm. How can firms build sustainable growth? It’s getting people to pay the money back that’s the hard part.”. Emerging Opportunities.

Lending 249

Lending Innovation Fintech Examples 249

PYMNTS

FEBRUARY 11, 2019

As the payments landscape evolves and becomes ever more digital in scope, and as FinTech firms make inroads into traditional financial services, regulators are looking at FinTech credit — and how it might be defined and shaped. There seem to be no easy answers on just how to regulate the space.

Fintech 195

Fintech Lending Regulation Survey 195

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

Fintech 197

Fintech Lending Community Payments 197

PYMNTS

OCTOBER 3, 2017

CEO Ola Okeshola – is the simple fact that access to capital for small businesses has dried up significantly since the Great Recession, as banks have either gone out of business or lost interest in lending to that sub-segment of the market. FinTech, Okeshola said, can offer SMBs streamlined access to funds in ways that are unprecedented.

Lending 108

Lending Fintech Capital Marketing 108

PYMNTS

MARCH 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. Below, PYMNTS rounds up the latest tie-ups and data sharing efforts as institutions explore how open banking models might accelerate their modernization efforts. Yet maturation is low.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

MARCH 6, 2020

But for financial institutions (FIs), some of which have been around for decades, understanding how to take the first steps in the digitization process can be an overwhelming task. He pointed to small business lending operations as one example of this balancing act. Signs Of Open Banking.

Community Bank 173

Community Bank Community How To Lending 173

PYMNTS

AUGUST 23, 2018

When Renaud Laplanche launched hist latest lending start up, Upgrade, the venture was both quite similar to and yet quite different from his previous endeavor, LendingClub , the platform that made “marketplace lending” a household phrase in the U.S. It is a much better declined experience,” Laplanche noted.

Lending 100

Lending Fintech Tools How To 100

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. To learn more about how to face increasing competition and an uncertain economic environment, join the webinar, “ Navigating the CRE Landscape: Leveraging Your Portfolio for Growth in 2020.”. CRE Lending. Learn more.

Lending 195

Lending Trends FDIC Survey 195

Chris Skinner

JULY 21, 2017

There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city. The pedestrian replies: “oh, if you want to get there, I wouldn’t start from here”, and this is exactly how banks feel today.

Fintech 361

Fintech System Apple Technology 361

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. How can we get more participation from banks and credit unions across the country? While participation in SBA lending dwindles, SBA loans are thriving.

Lending 150

Lending Resources Capital Technology 150

Abrigo

OCTOBER 18, 2022

Top benefits of construction loan software for bankers and clients Why many banks and credit unions are turning to fintech for construction loan automation. You might also like this webinar, "How to manage a high-performing construction loan portfolio." To stay on top of their portfolios, many banks are turning to fintech for help.

Software 195

Software Lending System Management 195

PYMNTS

JULY 7, 2020

The small- to medium-sized business (SMB) lending industry is used to adaptation, especially since the 2008 financial crisis, when legacy financial institutions (FIs) began pulling back and FinTechs and digital players stepped up in the space. Outdated Lending Practices Fail To Meet SMBs’ Current Needs .

Lending 138

Lending Study Industry Tools 138

PYMNTS

MAY 31, 2019

The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially for small businesses and startups. It encouraged banks to develop their own digital lending solutions and collaborate with their one-time rivals to step up the borrowing experience for SMBs.

Lending 130

Lending Regulation Capital Industry 130

Chris Skinner

MARCH 1, 2017

I was reflecting on a friend of mine who runs a FinTech start-up. But it gives you an insight into how hard starting a new firm is, FinTech or Tech or any really. How many of those are there in FinTech? Well, we’ve seen one and I wonder how many more are out there. America is still big on FinTech.

Fintech 150

Fintech America Lending Community 150

Gonzobanker

FEBRUARY 26, 2019

Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. Heck, we weren’t even three weeks into 2019 when Fiserv ’s $22 billion proposed First Data acquisition—one of the biggest fintech deals ever —was announced to the Street. Lending: Mashing Up Analytics & Digital.

Fintech 100

Fintech Analytics Lending Case Study 100

PYMNTS

SEPTEMBER 25, 2019

The interview happened during a time of expansion and aggressive future planning for the company, a small business and consumer micro-lending technology company that operates in Nigeria. Nigerian banks don’t like to lend,” Hainy said. FinTech is helping to transform daily consumer life in Nigeria and other developing markets.

How To 130

How To Lending Digital Banking Examples 130

PYMNTS

DECEMBER 23, 2020

That way, younger consumers can learn how to use money in a digital world for spending, but also how to manage it better as they get older — all while still being overseen by their parents. I think there are some really unique lending opportunities that would be interesting within our demographic,” he said.

Fintech 322

Fintech Cards FDIC Lending 322

PYMNTS

SEPTEMBER 25, 2017

The Australian market is quickly becoming a hotbed of alternative lending , and new analysis from KPMG suggests it has risen up in the ranks. A key driver of that growth is favorable government policies, researchers said, with regulators around the world exploring how to ensure borrower protections without stifling innovation.

Lending 100

Lending Regional Analysis Survey 100

The Financial Brand

NOVEMBER 16, 2020

Rough times mean stepping up your digital game to fend off fintech niche players and adding relationship managers who are effective remotely. The post How to Nail the Small Business Banking & Lending Market in 2021 appeared first on The Financial Brand.

Lending 36

Lending How To Marketing Branding 36

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants. Where does this optimism comes from?

Lending 100

Lending Compliance Training Capital 100

PYMNTS

SEPTEMBER 15, 2017

The favored narrative about banks and FinTech startups is generally not a love story. Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. Usually, it is more of an all-out war story.

Fintech 198

Fintech System Lending Cards 198

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

NOVEMBER 3, 2017

Citizens Bank is enhancing its small and medium-sized business (SMB) lending offering by digitizing the loan application process, according to a press release published by the financial institution (FI) on Thursday (Nov. In another statement issued Thursday, Graziano again emphasized the effectiveness of bank-FinTech collaborations. “We

Lending 100

Lending Online Meeting Fintech 100

Gonzobanker

FEBRUARY 8, 2023

Fintech startups looking for funding in 2023 are finding that it isn’t as easy as it was a few years ago. According to CB Insights, fintech funding in the U.S. According to Cornerstone Advisors’ What’s Going On in Banking 2023 study, there are about 500 community banks and credit unions making direct investments into fintech startups.

Community Bank 98

Community Bank Community Fintech Leadership 98

Independent Banker

DECEMBER 1, 2021

Over the next 3-5 years, 82% of financial institutions expect to increase their partnerships with FinTechs, with an average return on investment of 20%. Benefits of FinTech partnerships. How to choose the right FinTech partner. These characteristics are key when vetting potential FinTech partners.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

JULY 14, 2020

Silicon Valley FinTech Affirm is also a regular in the top 5 this year. In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. The account comes with 1.30

Lending 130

Lending FDIC Minneapolis Utah 130

Abrigo

MAY 5, 2022

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Some recent episode titles: “Secret Sauce for Deeper Relationships & What’s So Nifty About NFTs” and “Fintech Investment and Growth Opportunities.” Lending & Credit Risk.

Community 195

Community Lending Maine Resources 195

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

Abrigo

APRIL 19, 2016

Brian Hamilton, chairman and co-founder of Sageworks, says the issue of how to respond to innovation is important, especially for community banks, which make up 97 percent of all U.S. They could choose to continue with business as usual and write off fintech or alternative lending as just another threat that could come and go.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Insights on Business

FEBRUARY 19, 2016

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. What can banks learn from the FinTechs?

Fintech 132

Fintech Video Lending Industry 132

Abrigo

JANUARY 25, 2022

Drivers of digital change Whether looking to enhance customer-facing aspects of the bank or credit union, improve operations, or diversify revenue and profit streams, financial institution executives everywhere are looking to buy technology or partner with fintechs. And it can be prevented with the support of your fintech vendor partner.

Management 195

Management Software Survey Fintech 195