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

Abrigo

JULY 9, 2021

Managing multiple vendors can be complex and expensive. Fintech and banking. COVID-19 and subsequent relief efforts, including the Paycheck Protection Program (PPP), initiated a boost in spending and planning for digital transformations to navigate the pandemic and find efficiencies in their lending processes.

Management 195

Management Resources Lending Training 195

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. These expectations for CRE growth are reiterated in a soon-to-be released survey of just over 300 bankers by Abrigo. Managing CRE portfolios will require lenders to follow best practices for underwriting and loan reviews.

Lending 195

Lending Trends FDIC Survey 195

Gonzobanker

MARCH 21, 2024

Of small business owners who applied for a business loan in early 2023, 6 in 10 found it difficult to find affordable financing, and overall, 77% are concerned about their access to capital according to a survey from Goldman Sachs. Minority small business owners need ‘fair and accessible’ lending. The problem is even worse in 2024.

Lending 78

Lending How To Capital Data 78

PYMNTS

OCTOBER 19, 2016

Traditional financial services companies have something new to worry about: FinTech is increasingly encroaching on their turf and winning the hearts and minds of consumers. Of the survey respondents, 69 percent said FinTechs help everyone to improve their financial state.

Survey 100

Survey Fintech Capital System 100

PYMNTS

MARCH 22, 2017

Freshbooks VP of Strategy Matthew Baker highlighted these findings in a chat with PYMNTS to weave through the research and sound off on some of the survey results that most caught his attention. It’s a large responsibility, but as Freshbooks’ survey found, many small business owners are learning how to operate with a trial-and-error mindset.

Survey 102

Survey Lending Resources Report 102

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

Abrigo

DECEMBER 15, 2016

In the 2015 Growth Strategy Survey by Bank Director , the most commonly cited areas for growth were Commercial Real Estate Lending, C&I loans, SBA loans, and Construction loans. To learn more about opportunities in small business lending, download the whitepaper Tapping Growth Opportunities in the Business Loan Portfolio.

Lending 150

Lending Millennials Study Survey 150

PYMNTS

OCTOBER 11, 2017

Small business (SMB) lending is big business for community banks , which are a popular destination for small business borrowers, thanks to strong approval rates on loan applications. But new analysis from the Federal Reserve has identified a reversal in community banks’ position in the small business lending market.

Community Bank 108

Community Bank Community Lending Survey 108

PYMNTS

APRIL 1, 2020

A new survey from Alignable via its Weekly Pulse Poll found that more than one-third of SMBs said they are struggling to keep their doors open and have less than one month before they run out of cash. The B2B FinTech ecosystem seems to agree. Small- to medium-sized businesses (SMBs) are struggling to stay afloat.

Fintech 168

Fintech Capital Lending Technology 168

PYMNTS

AUGUST 20, 2020

A multitude of SMB investors are looking to help, but lending to digitally focused SMBs comes with its own hurdles, including fraud risks and inefficient lending procedures driven by stiff regulatory measures. SMB Lending Risks. percent in the past 24 months, according to a recent survey by LexisNexis.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

MARCH 17, 2017

Those market conditions present interesting obstacles and opportunities for everyone in the banking FinTech space. Reports last week said the merger aims to create a FinTech “powerhouse” as both Misys and D+H evolve their services to meet the more sophisticated demands of the industry. The company will merge with DH Corp.,

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Cybersecurity.

Regulation 156

Regulation Innovation Fintech Marketing 156

Abrigo

FEBRUARY 13, 2020

Using a banking relationship manager helps your financial institution capture all customer/member information in a consistent, efficient manner. Power’s 2020 Customer Satisfaction Survey. Use customer relationship managers to elevate relationship banking. Learn more. Customize banking relationships at scale.

Community 273

Community Lending Management Innovation 273

Abrigo

MARCH 24, 2021

Independent Banker Survey. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Technology sets up future lending success. Takeaway 3 Pricing models for loans and deposits combat margin pressure and help retain your best customers.

Lending 221

Lending Technology Survey Examples 221

PYMNTS

MAY 31, 2018

In an interview with American Banker , Robert Giltner – who chairs RCGILTNER Services , which offers small business lending products – surmised that “ community banks are going to win the FinTech battle. For smaller loans, said the financial publication, FinTech could be a useful conduit. They bank all these small businesses.

Community Bank 104

Community Bank Community Fintech Florida 104

Abrigo

SEPTEMBER 19, 2019

Optimism hit a five-year high in 2017 among c-level executives at financial institutions, but this year, optimism took a sharp dip amidst concerns over decelerated loan growth, an uncertain economy, and higher interest rates, according to survey results by Cornerstone Advisors. Let’s take a look.

Lending 150

Lending Fintech Survey Technology 150

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. Benefits of FinTech partnerships. How to choose the right FinTech partner. Increasing role of technology.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

AUGUST 20, 2018

Consider India, where EY estimates in a recent survey that in India, companies are finding it a challenge to navigate GDPR. As the research shows, 63 percent of respondents to the survey — those who were, in fact, aware of the mandates — were non-compliant. FinTech Firms Eye Bank Charters.

Fintech 101

Fintech Survey Regulation Resources 101

Gonzobanker

JUNE 14, 2023

To realize the rewards of the BaaS industry, banks and fintechs are going to have to learn to play by some non-negotiable rules – together. It has more than 80 fintech partnerships including Coinbase, Upgrade, Affirm, Best Egg, Divvy, Rocket Loans and Stripe. Cross River is a household name in Banking-as-a-Service (BaaS).

Compliance 109

Compliance FDIC Strategy Fintech 109

PYMNTS

JUNE 20, 2016

Let’s talk about money management. This week’s B2B Data Digest focuses on the flux and flow of managing cash. Examine the latest research to grasp just how cumbersome modern cash management can be. $3 Nearly all executives surveyed agreed that exchange rate volatility puts their profit margins at risk.

Management 104

Management Bitcoin Survey Report 104

PYMNTS

JANUARY 20, 2021

European Banks Lend Less, Fearing Bad Loans During Pandemic. Euro area banks have scaled back lending in order to shield against risk, a new European Central Bank (ECB) survey says. Plus, dLocal partners with Dinie, RepSpark partners with PGA and Citi accelerates its ISO 20022 adoption. 19) announcement.

Lending 161

Lending Payments Fintech Survey 161

Abrigo

JANUARY 13, 2020

In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. Finding new customers was the #2 business challenge -- second only to improving the customer digital experience, according to BAI’s survey of 400 bankers representing institutions of all sizes.

Lending 150

Lending Study Survey Community 150

PYMNTS

JANUARY 11, 2018

According to new research from Magilla Loans , which offers an anonymous search engine data for both home and business loans, a survey of mortgage and business lenders found plans to originate more than half a trillion dollars’ worth of loans in 2018. So while lending volume in the U.S. There is reason to be optimistic, however.

Fintech 126

Fintech Lending Trends Operations 126

PYMNTS

APRIL 15, 2019

Specifically, who knows what dangers — for banks, at least — lurk in shadow banking, as FinTechs emerge to nibble at market share? Citigroup CEO Michael Corbat responded that leveraged lending is seeing growth outside of the regulated financial system (he pointed to mortgage and auto lending), and so is not yet posing a systemic risk.

Lending 175

Lending United States Survey System 175

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? Thu, 12/19/2019 - 16:29. by Darryl Knopp.

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. Explore how B2B FinTech is on the cusp of change as we break down all of the statistics and surveys below. 65% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

PYMNTS

AUGUST 19, 2019

Barclays is now offering £100,000 unsecured lending for SMEs on its app and online banking platform. A recent survey by Barclays found that 44 percent of SMEs said they would have more confidence in applying for a loan if they could see a pre-assessed limit. Funds are typically received within 24 hours.

Lending 109

Lending Survey Online Fintech 109

PYMNTS

APRIL 22, 2019

Might banks be making inroads into the hearts and minds of smaller firms as they seek out capital – as some SMBs cite at least some dissatisfaction with non-banking lending conduits? In addition, the relatively higher online lending rates come against a backdrop of what we might term a bit more caution about non-traditional lending.

Study 122

Study Lending Online Survey 122

Jeff For Banks

APRIL 12, 2018

When I first read Standards Needed for Safe, Small Installment Loans from Banks, Credit Unions by the Pew Charitable Trusts that encouraged financial institutions to get back into small ticket consumer lending, I thought “what are they nuts!” So why would banks expand small-ticket, unsecured personal lending? Real estate secured.

Lending 60

Lending Resources Community Metro 60

PYMNTS

OCTOBER 16, 2018

Construction FinTech has evolved to target an array of financial friction points, with delayed payments, a mountain of paperwork and a crowded supply chain of contractors and subcontractors adding hurdles in the financial supply chain.

Payments 161

Payments Fintech Lending Management 161

CB Insights

MARCH 27, 2019

PREPARE FOR THE FINTECH FUTURE. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019. As the fintech space adapts to millennials and their ethical preferences, the first shift will take place among startups that work with financial services firms. But a shift is happening.

Millennials 77

Millennials Fintech Trends Report 77

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. This charter will give banks more competition in payments.

Conference 195

Conference Payments Fraud Data 195

Bank Innovation

APRIL 11, 2019

In a recent survey by Fiserv, 86% of respondents said they would consider leaving their bank, if they could not easily manage their accounts online. New data shows that consumers -- and financial institutions -- are more inclined toward greenfield digital banks. Additionally, 82% of respondents […].

Digital Banking 199

Digital Banking Survey Online Data 199

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec. PayPal has introduced QR code payments in iZettle’s point-of-sale app in the U.K. Trackers And Reports.

Trends 175

Trends Fraud Millennials Community Bank 175

FICO

DECEMBER 13, 2019

The guiding ethos of fintech (and really any industry portmanteau ending in ‘tech’) is move fast and break things. The most prominent villain for fintech companies is regulation. And when fintechs and challenger banks aren’t constrained by regulation (as they mostly are in the U.S. Generally this ethos is presented as a virtue.

Regulation 52

Regulation Fintech Lending Branding 52

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Leading the challenges for bankers responding to this year’s survey are increasing loans (56.1%) and increasing earnings (54%). What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144