South State Correspondent
MAY 9, 2024
As can be seen, Georgia, California, and Nevada have the highest levels of probabilities of defaults and some of the highest increases. Retail is the other sector worth noting as it is the opposite of multifamily. Banks are more leveraged than the average hedge fund, and lending decisions have outsized consequences.
Abrigo
MAY 8, 2024
An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster. Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence.
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PYMNTS
MARCH 7, 2018
To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement.
South State Correspondent
MAY 23, 2023
Lending is getting riskier. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. In terms of absolute probabilities of default, Arizona, Texas, and Georgia are the three riskiest states in terms of likelihood of default. This quarter, it is 2.58%.
PYMNTS
SEPTEMBER 17, 2019
While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.
PYMNTS
APRIL 17, 2018
PayPal has inked a deal with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. PayPal said when combined, the technology can help retailers synchronize online inventory with products in stores. Making life easier for retailers isn’t the only thing PayPal is focused on these days.
PYMNTS
JUNE 24, 2016
But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 Last week , Walmart Pay rolled out in Alabama and Georgia.
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