PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S.

Lending 233

Lending Data User Experience Fraud 233

CFPB Monitor

NOVEMBER 4, 2021

Alan Kaplinsky, Ballard Spahr Senior Counsel, hosts the conversation, joined by John Culhane, a partner in the firm’s Consumer Financial Services Group, Lori Sommerfield, Of Counsel in the Group, Heather Klein, an associate in the Group, and Richard Andreano, a partner in the firm’s Mortgage Banking Group.

Lending 78

Lending Data Report Risk Management 78

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions. the movement of money out of money market funds to CDs versus new deposit money coming in).

Report 195

Report Risk Management Capital Data 195

FICO

OCTOBER 22, 2020

Home Credit Group , which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer , part of the FICO® Platform , to further improve its lending offers in multiple markets. The advanced technology enables us to boost our competitive edge across our markets.”.

Groups 96

Groups Lending Risk Management Analytics 96

Abrigo

MAY 8, 2024

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 221

Examples Fraud Resources Risk Management 221

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

PYMNTS

DECEMBER 16, 2016

15) the launch of Consumer Credit Trends, a web-based tool to help consumers monitor developments in consumer lending and to ascertain potential future risks. In a press release, the CFPB said the beta version of the tool encompasses the mortgage, credit card, auto loan and student loan markets.

Tools 100

Tools Risk Management Cards Management 100

FICO

OCTOBER 22, 2020

Home Credit Group , which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer , part of the FICO® Platform , to further improve its lending offers in multiple markets. The advanced technology enables us to boost our competitive edge across our markets.”.

Groups 74

Groups Lending Risk Management Analytics 74

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. A loan origination system automates, manages. Here's what a loan origination system is.

System 338

System Lending Software Analysis 338

PYMNTS

APRIL 2, 2020

Big Data analytics reached a market valuation of $29.87 Financial data is useful in helping banks develop wide-reaching marketing campaigns, but social data is critical to developing offers for specific customers. Bank of America (BoA) is one notable success story in the field of analytical risk assessment.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

SEPTEMBER 25, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. Also, in China, analysts at Yingcan Group pointed to the government’s P2P and marketplace lending crackdown as being likely to shrink the industry by as much as 70 percent this year. In June, the U.K.’s

Compliance 117

Compliance Risk Management Lending Regulation 117

Abrigo

MARCH 6, 2017

Other advisors and trade groups have written plenty on how bankers should not behave on social media, describing some of the risks involved in unmonitored activity. 1) @davidpoconnell – David O'Connell is a former commercial lender and a senior analyst at Aite Group, where he covers commercial banks and their use of analytics.

social media 150

social media Lending Community Community Bank 150

PYMNTS

JULY 28, 2019

Jack Ma ’s MYbank is aiming to change the way China lends to small businesses. The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved.

Digital Banking 198

Digital Banking Lending Risk Management Mobile 198

Abrigo

NOVEMBER 9, 2020

Prudential regulators have made it clear that while they will adjust supervisory strategies as appropriate to emerging risks of the pandemic, examiner scrutiny will continue assessing basic principles that ensure the safety and soundness of financial institutions. Loan administration is a basic and yet far-reaching process of lending.

System 195

System Lending Software Risk Management 195

Abrigo

MARCH 24, 2021

Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. A customer relationship manager (CRM), for example, can organize and manage customer/member/prospect relationships.

Lending 221

Lending Technology Survey Examples 221

CFPB Monitor

NOVEMBER 22, 2022

The Treasury Department has released a report entitled “ Assessing the Impact of New Entrant Non-bank Firms on Competition in Consumer Finance Markets.” The report looks at the role of these new entrant non-banks, how they interact with insured depository institutions (IDIs), and their impact on these core markets.

Fintech 78

Fintech Report Data Lending 78

Abrigo

MARCH 13, 2024

No, it’s the current situation in the commercial real estate (CRE) market tied to the threat that distressed and problem CRE loans pose to investors, banks and credit unions, and the economy at large. Individuals and business owners are starting to contemplate the worst-case scenario and how it can impact their earnings and balance sheet.

Strategy 221

Strategy Course Meeting Taxes 221

PYMNTS

NOVEMBER 26, 2019

I am delighted that the group has further strengthened its relationships with a number of key block discounting funding partners as well as reaffirming and significantly expanding the MTN program,” said James Roberts, chief financial officer. SME market.”.

Lending 141

Lending Risk Management Policies Meeting 141

Independent Banker

JANUARY 31, 2022

Those conversations, he says, centered around whether community banks could compete against this brash group of newcomers. Fraud and risk management. By quickly ushering in a new digital reality, banks have been forced to update their fraud and risk management practices, too. Digital account opening.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Abrigo

NOVEMBER 15, 2019

Key Takeaways Effective credit risk review promotes lending agility. Many of the objectives of a credit risk review system support business goals. Effective credit risk review promotes lending agility. However, many community financial institutions derive a significant portion of income from lending.

System 150

System Lending Compliance Risk Management 150

South State Correspondent

MARCH 14, 2024

Risk management also needs to change. Finding your bank tied to a rural area that is decreasing in size and profitable demographics is your bigger risk. Banks need to evaluate new technology, new lending areas, and new cash management levels to name a few with a longer time horizon and with some process rigor.

Innovation 195

Innovation Strategy Capital Comparison 195

Gonzobanker

SEPTEMBER 21, 2023

Lending: Lending Leaves Change Color Abrigo acquired Valuant for compliance and credit risk and DiCOM Software for automated credit risk software and partnered with Charm Solutions to launch Abrigo Small Business Lending Intelligence. Credit union lending platform Clutch partnered with Zest.ai

Fintech 103

Fintech Software Illinois Lending 103

CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map. Capital markets.

Fintech 93

Fintech Marketing US Technology 93

Abrigo

MARCH 13, 2020

Gather documents more efficiently and consistently Prevent entering the same data multiple times or in multiple places Accelerate loan turnaround times Price loans profitably Manage customer relationships effectively. The coronavirus has sent shockwaves through the markets around the globe. Wrangling documents.

Community 195

Community Lending Analytics Survey 195

Abrigo

DECEMBER 17, 2021

For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. The fintech market is growing exponentially, and it can feel overwhelming trying to decide which vendor would be the best partner for the financial institution. Learn More.

Fintech 195

Fintech How To Innovation System 195

South State Correspondent

APRIL 10, 2023

Fair value accounting measures assets and liabilities at current market value instead of historical or amortized value. The graph below shows loan repricing buckets for three asset-sized groups of banks: under $1B, $1B to $3B, and over $25B in assets. in Tier 1 capital.

Community Bank 195

Community Bank Community Security Capital 195

PYMNTS

OCTOBER 29, 2018

The firm, which provides an open platform that makes it possible for financial institutions (FIs) and businesses to access a variety of financial services, raised $44 million in an initial public offering (IPO) on the Nasdaq Stock Market in New York Thursday (Oct. The Chinese mainland market is a tough place to operate.

Lending 167

Lending Risk Management Data Marketing 167

PYMNTS

OCTOBER 5, 2020

The transaction will create a company with a combined market capitalization of around 15 billion euros ($17.6 billion) to acquire Ingenico Group , the Paris-based technology provider of secure electronic transactions to create a FinTech dynamo. Nexi , the Italian digital payment company, agreed Sunday (Oct. billion euros ($5.4

Company 151

Company San Francisco Payments Fintech 151

CFPB Monitor

SEPTEMBER 21, 2015

Hall, Executive Vice President, PNC Financial Services Group, Pittsburgh, Pa. Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. Dr. Raul A. Christopher G. Kathleen J. Ricardo ‘Ricky’ D. Harlingen, Texas.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

Abrigo

SEPTEMBER 26, 2017

For example, according to a recent poll during the Sageworks Risk Management Summit, 39 percent of bankers say it typically takes their financial institutions from three to six weeks to close a new commercial loan, and another 36 percent said it takes more than six weeks. Read more about traits of millennial business owners here.

Millennials 150

Millennials Risk Management Capital Lending 150

FICO

JANUARY 19, 2023

Here are my three predictions for risk management and customer treatment in 2023. Customers increasingly expect their data to be used to deliver tailored communications that anticipate their requirements, rather than being presented with generic offerings that are targeted to large groups of broadly similar demographic segments.

Lending 52

Lending Strategy Analytics Data 52

CFPB Monitor

NOVEMBER 10, 2020

(The Committee is a group of private-market participants convened to ensure a successful transition from LIBOR.). In the new statement, the agencies emphasize that they are not endorsing a specific replacement rate for LIBOR for loans.

Regulation 78

Regulation FDIC New York Lending 78

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. The winners in BaaS will be outstanding risk managers – not risk eliminators.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. Sure, it shows that investors aren’t ready to give up on alternative lending just yet. development finance institution CDC Group. SMB Finance. Germany’s Finiata announced $21.2 Enterprise Security.

Fraud 115

Fraud Capital New York City Lending 115

FICO

NOVEMBER 25, 2020

Petr Kapoun, chief risk officer at Home Credit Russia, part of the Home Credit Group, describes how the lender used loan pricing optimization software from FICO to optimize loan pricing. He notes that this is similar to credit scoring, which was met with scepticism initially but is now almost universally used in lending. .

Video 52

Video Risk Management Analytics Retail 52

CFPB Monitor

JUNE 18, 2019

The agreement represents the second fair lending settlement entered into by the Republican-led DOJ under the Trump administration. (The The DOJ also alleged that the bank’s mortgage loan policy contained a lending preference for customers within its branch footprint, which was based in majority-White areas.

Indianapolis 120

Indianapolis Lending Indiana Community 120