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FinTechs Help Banks Ease The PPP Lending Pain

PYMNTS

As the nation’s traditional financial institutions struggle to cope, alternative lending platforms and other B2B FinTechs are exploring how to put their own technologies to good use. Bottomline Technologies. The firm has also announced a COVID-19 Online Resource Center for its financial institution clients.

Lending 245
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Digital lending fintech enters auto

Bank Innovation

LAS VEGAS — Bank of Oklahoma has adopted Blend’s digital lending platform, the fintech announced at the 2019 Auto Finance Summit. Blend’s platform is designed to simplify user experience for the consumer to drive increases in completed online applications and funding rates.

Las Vegas 170
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How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

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. . Takeaway 3 Technology allows lenders to blend these approaches while achieving greater economies of scale. Lenders Easing Terms.

Lending 195
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The Bank-FinTech Collaboration Model Goes Global

PYMNTS

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. ICICI Adds AlignBooks Technology. National Australia Bank Chooses Eedenbull. BNL Goes Live With Tink.

Fintech 341
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How To Do Better Against National Bank Lending Competition

South State Correspondent

Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship.

National 195
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FinTech Pressures FI Giants To Strengthen SMB Lending In Mexico

PYMNTS

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). ”

Lending 189
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The Bank-FinTech Tie-Up Evolves

PYMNTS

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.

Fintech 277