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

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 198

Fintech Lending Software Compliance 198

PYMNTS

SEPTEMBER 30, 2020

The FinTech Capify has pulled in an additional $10 million in an equity round of funding and is banking on continued support from the Goldman Sachs Merchant Banking Division for its lending platform, which is geared to small to medium-sized businesses (SMBs). Capify is an online alternative lender that serves SMBs in the U.K.

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. Cash invested on the platform, said the company, stands at $2.7 Open Banking Partnerships – Focus On Romania.

Lending 134

Lending Fintech Guidelines Meeting 134

CFPB Monitor

SEPTEMBER 8, 2022

Since the beginning of Michael Hsu’s tenure as Acting Comptroller of the Currency, bank/fintech partnerships have been a focus of OCC concern. Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements.

Fintech 146

Fintech Risk Management Conference Lending 146

PYMNTS

DECEMBER 13, 2017

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution. 12) that it is working with FinTech firm RCGILTNER Services to deploy the digital platform, which will launch in the first quarter of 2018.

National 108

National Lending Online Mobile 108

PYMNTS

JANUARY 11, 2021

Ant Group , Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for the Chinese tech giants. Smaller banks are generally in a weaker position when they partner with FinTech giants like Ant.

Lending 132

Lending Regulation Data Groups 132

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). While private investors have been generous in financing lending startups, IPOs have been scarce in recent years because of rising defaults among borrowers, as well as increased competition. which valued the company at nearly $4.5

Lending 116

Lending Fintech Atlanta Capital 116

PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Airwallex Taps Deutsche Bank.

Fintech 277

Fintech Cards Technology Samsung 277

PYMNTS

MAY 29, 2019

So, it’s within that context that PayPal announced new numbers today (May 29) on the impact of its lending business on the small business sector. In a new PYMNTS interview, Karen Webster spoke with PayPal’s VP and General Manager of SMB Lending Darrell Esch about the story behind that $10 billion mark, and what’s coming next.

Lending 221

Lending Capital Operations Community 221

Bank Innovation

JULY 19, 2018

Digital lending is becoming an important business even for smaller community banks. Larger banks, which have the resources to build their own technology or buy a fintech provider (KeyBank acquired Bolstr; JPMorgan Chase acquired WePay).

Lending 186

Lending Community Bank Resources Community 186

PYMNTS

JUNE 17, 2020

and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release , bringing the company’s issuances to over $1 billion in the past year and a half, the Pagaya said on its website. Pagaya , a U.S. GF Investments, and Siam Commercial Bank.

Fintech 151

Fintech Lending Security Capital 151

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Now, he said, “innovation needs to also be incorporated internally. “You

Management 303

Management User Experience Innovation Fintech 303

PYMNTS

OCTOBER 20, 2016

Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York banks to get into the business as well. The report noted Vullo’s remarks follow the launch last week of Goldman Sachs’ online lending platform, dubbed Marcus.

New York 100

New York Lending Online Cards 100

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Bookkeeper360.

Security 204

Security Fintech Capital Management 204

Abrigo

NOVEMBER 6, 2019

Small Business Loans | 5 minute read Key Takeaways Credit unions' small business loans hit a record low, while small business lending continues to remain strong at big banks and community banks. Going digital can help reduce the cost of small business lending and capture more member business loans. Talk to an expert.

Lending 150

Lending How To Community Community Bank 150

PYMNTS

NOVEMBER 1, 2018

So it is with the Chinese alternative lending space, with various nomenclature in place, seemingly interchangeable, embracing P2P loans or internet lending – in short, funds flowing outside the confines of the bank branch and the teller window. Regulations take shape, usually quite a bit more slowly.

Lending 150

Lending Guidelines Fintech Industry 150

PYMNTS

NOVEMBER 30, 2020

At a time when surging coronavirus counts are once again muddying the outlook for consumers and business owners, MerchantE Chief Financial Officer Shim Steinmetz says the crisis has also provided a silver lining of sorts to nimble FinTechs that can solve merchants’ cash crunch problems. We’ve heard that a hundred times.”. Or consider Sears.

Fintech 211

Fintech Innovation Analytics Seattle 211

Perficient

JANUARY 12, 2021

In these times of economic crises and lending restrictions, FinTech will disrupt and fill the gap. Stripe Treasury is a banking-as-a-service API that embeds financial services for small businesses with deposit, bill payment, interest, and cashflow management. Open Banking. Open banking will challenge traditional thinking.

Trends 332

Trends Fintech Customer Experience Innovation 332

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. The benefits of fintechs. By Elizabeth Judd. Quick Stat.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

OCTOBER 1, 2020

In today’s top news in digital-first banking, Memo Bank is rolling out an interest-bearing account for companies, while lending marketplace October has notched roughly $303 million in funding. Lending Platform October Raises Funding for SMB Loans. FinTech Capify Nets $10M Funding, Continued Goldman Backing.

Lending 150

Lending Innovation Fintech US 150

PYMNTS

MAY 13, 2016

Capital Float , an India-based FinTech startup aimed at helping SMBs gain access to loans, announced on Thursday (May 12) that it closed a $25 million Series B funding round. “In terms of new segments, we have been looking at driver financing space through our partnership with Uber.

Lending 100

Lending Online Capital Fintech 100

PYMNTS

MARCH 19, 2019

Grab Financial Group , the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Grow with Grab” is its full push into lending and insurance, the company said in the press release.

Lending 131

Lending Fintech Groups Policies 131

Banking Exchange

AUGUST 24, 2020

Colorado may soon witness an influx of new fintech lenders following the conclusion of a long-running legal case Compliance Technology Fair Lending Feature3 Fintech Feature Mobile Online Tech Management Compliance Management Compliance/Regulatory.

Colorado 78

Colorado Fintech Compliance Lending 78

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

Fintech 167

Fintech Customer Experience Conference Technology 167

CFPB Monitor

AUGUST 24, 2020

We have previously blogged about the lawsuits filed by the Colorado Attorney General against fintechs Avant and Marlette Funding and their partner banks WebBank and Cross River Bank. However, the bank may require the fintech to maintain a deposit account at the bank to secure fintech obligations to the bank, subject to specified limitations.

Colorado 78

Colorado Fintech Lending Online 78

PYMNTS

MARCH 18, 2020

One of the largest business lenders in Europe, iwoca , has announced a new platform called OpenLending that can bring together both FinTechs and banks and help spread iwoca’s lending abilities to the 2 million U.K. businesses that might need it, according to a press release. ”

Fintech 131

Fintech Lending Customer Experience Software 131

Chris Skinner

JULY 26, 2017

Innovate Finance has just published their report on the first half of 2017, and the investments made in FinTech. Global VC FinTech investment attracts $6.5 Global VC FinTech investment attracts $6.5 Global VC FinTech investment attracts $6.5 Global VC FinTech investment attracts $6.5 decrease in deal volume.

Fintech 251

Fintech United States US Innovation 251

PYMNTS

JULY 4, 2018

As a consumer lending category with the fastest growth, outstanding balances for personal loans jumped by about 18 percent to $120 billion in the first quarter. A lot of credit goes to the FinTech lenders for reinvigorating a loan category that’s been around forever,” Jason Laky, TransUnion ’s consumer-lending business lead, told Bloomberg.

Lending 110

Lending New York Fintech Cards 110

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. You might also like this webinar on small business lending best practices. Top problems in small business lending. Roadblocks to Success.

How To 195

How To Lending Software Survey 195

Bank Innovation

APRIL 26, 2017

What’s hot in fintech? Regtech, insurtech, real estate, robos — all of those (and more) have enjoyed the fintech spotlight recently, with impressive startups on the leaderboard. Six of those startups took the stage at the Empire Startups Fintech Conference yesterday to demo their latest and greatest.

Fintech 375

Fintech Conference Online Management 375

Abrigo

FEBRUARY 3, 2017

Most notably, the institutions recognized that change was overdue for their business lending programs. Bank management understand that the process small business owners go through to apply for a loan at most financial institutions is often archaic. There is no document ping pong, and you submit everything online securely. •

Lending 150

Lending Community Bank Meeting Community 150

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

Banking Exchange

FEBRUARY 8, 2021

Covid-19 and wider digitalization are boosting specialist online lenders The Economy Technology Tech Management Mobile Online PPP Covid19 Feature Feature3 Fintech.

Lending 78

Lending Online Fintech Mobile 78

PYMNTS

JULY 6, 2017

Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. But, while an online loan decision may be near-instant, borrowers may still have to wait several days to actually see the money — and what’s the good in news like that? It’s a no-brainer,” said Edwards.

Lending 101

Lending Risk Management Online Payments 101

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi. Common plans offer four-installment payments as ways to buy items.

Cards 254

Cards Fintech Management Lending 254

PYMNTS

NOVEMBER 5, 2019

Instant Payment Challenges In Online Lending. Borrowers face two key stages in the lending process: getting approval for their loans and receiving the funds. Many legacy banks are tackling this issue by partnering with nimbler FinTech firms. The Digital Lending Approach And Real-Time Payments.

Lending 102

Lending Payments Security Fintech 102