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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. He added that TAB Bank is embracing the chance to expand in the Dallas-Fort Worth market and are “pleased to welcome BAM’s staff in Dallas to our team.” . The company was recently ranked 121 on the 2019 Inc.

Capital 130
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Today In Payments: Default Fears Mount As China’s Banks Encourage Loans; Goldman, Morgan Stanley Predict Economic Devastation

PYMNTS

In today’s top news, state-owned financial institutions in China are offering incentives to boost consumer lending, and economists at Goldman Sachs and Morgan Stanley predict the coronavirus will be economically devastating. Beijing is looking at personal lending as a way out of the economic crisis brought on by the coronavirus.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers.

Strategy 100