South State Correspondent

NOVEMBER 29, 2023

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Too many bank products don’t lend themselves to consistent engagement, which is where bank product design and marketing should come into play.

Marketing 195

Marketing Regional National Nashville 195

PYMNTS

MARCH 20, 2020

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group , have announced they will offer rapid finance approvals to online merchants that use Chinese shopping site Tmall, according to reports. Eight virtual banks are starting operations this year. The competition will be keen.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

FEBRUARY 27, 2020

It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. While the Southeast Asia region tends to get lumped together, Mehrotra said each market is unique, with two main groups of developed and developing countries.

Data 181

Data Regional Lending Analysis 181

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. sent a letter to five alternative small business lenders operating in the country, inquiring about their business practices.

Lending 109

Lending Capital Fintech Data 109

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. discussed how they use continuous monitoring in their efforts to ensure safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

PYMNTS

APRIL 30, 2019

The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. The Times reported late last week that initiatives include a “FinTech foresight” group that will bring together various stakeholders across financial technology and multinational companies.

Fintech 189

Fintech Regional Operations California 189

PYMNTS

FEBRUARY 6, 2018

If you ever want to really scare a bank, ask for a business loan and say you’ve moved six times in five years – they’ll start looking behind you for the group of angry landlords.”. Our first base of operations was my basement in Reston, Virginia.”. We were a very boot-strappy start-up,” he recalled. A Different Type Of Platform.

Lending 119

Lending Virginia United States Capital 119

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Below, PYMNTS breaks down the latest in B2B FinTech funding.

Fintech 179

Fintech Analytics Capital Lending 179

Abrigo

DECEMBER 1, 2020

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

PYMNTS

DECEMBER 30, 2019

Singtel , Asia’s leading communications technology group, and Grab , Asia’s leading super app, have formed a consortium to enter digital banking and help the communities of Singapore that have traditionally been left behind in banking matters, the press release said.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

NOVEMBER 27, 2017

In many ways, eCommerce has democratized the market for small sellers, a group that can now easily reach a global base of potential customers. Many of these sellers are one- or two-person operations, and their online sales strategies may not make sense to traditional financial institutions (FIs).

Online 109

Online Regional Lending Operations 109

Abrigo

NOVEMBER 2, 2016

Banks operating in oil and gas intensive areas of the U.S. Our evidence seems to back up the view that to date, the banking sector has successfully weathered the storm of low energy prices,” said researchers in the Federal Reserve Bank of New York’s Research and Statistics Group. “Our Possible causes Why might that be the case?

Comparison 150

Comparison Regional Study Risk Management 150

PYMNTS

NOVEMBER 27, 2019

That can hold especially true in wealthy countries, such as the United Arab Emirates (UAE), as discussed in a new PYMNTS interview with Evans Munyuki, chief digital officer of Emirates NBD , a UAE banking group. A recent study on the region showed that almost 65 percent of entrepreneurs in the UAE think banking is their biggest challenge.

Fintech 167

Fintech Regional Regulation ATM 167

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6 Consumer mortgage and installment lending are in the mix as well.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

JUNE 7, 2019

The company announced $35 million in funding this week, led by China’s Tencent and Singapore’s Temasek, while Northzone Ventures and Anthemis Group also participated. Yellowbrick operates a data warehouse for large enterprises to obtain business intelligence for a range of applications, from cybersecurity to market research.

Data 139

Data Capital Analytics Lending 139

PYMNTS

AUGUST 24, 2016

Goldman Sachs has been vocal about the lapse in small business funding availability, with president Gary Cohn telling reporters last year that regulations have caused an SME lending squeeze. “This transaction further strengthens our balance sheet and reinforces our unique position in the small business lending marketplace.”

Lending 100

Lending Regional Regulation Groups 100

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. and Summit Financial Group, Inc.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. In exchange, Grab gains greater visibility into SMB operations and performance. “By

Data 193

Data Lending Capital social media 193

BankInovation

NOVEMBER 17, 2020

(Bloomberg) –PNC Financial Services Group Inc. agreed to buy Banco Bilbao Vizcaya Argentaria SA’s banking operations in the U.S. billion, vaulting past rivals to become the country’s largest regional bank. PNC’s purchase uses the $14 billion it raised earlier this year from selling its stake in BlackRock Inc.

Regional 69

Regional Groups Operations Lending 69

PYMNTS

JANUARY 17, 2019

The exchange’s APIs will span product offerings and service offerings such as deposits, foreign currency exchange, insurance and loan offerings — and will also include safe deposit boxes, branch and ATM services that are part of general banking operations.

ATM 134

ATM Lending Innovation Operations 134

Abrigo

NOVEMBER 1, 2019

In these peer groups, the high performing banks were those with ROE over 16% and asset size less than $1.5 In examining the loan growth, cost of funding, and performance of these institutions over the last five years, we have noticed some interesting differences between these two groups. Do they focus on lowering operating costs?

Lending 150

Lending Examples Marketing Retail 150

Jeff For Banks

NOVEMBER 19, 2014

But in strategic planning retreats that I moderate, community financial institutions insist that they lend to small businesses. In fact, when I recently spoke to a group of New York bankers, I opined that community FIs would lend to small businesses only if they have three years of operating profit and a building as collateral.

Lending 92

Lending San Francisco Community Community Bank 92

PYMNTS

AUGUST 25, 2016

The company takes a more narrow focus to small business lending than some other FIs by targeting the western U.S. in particular, a cross-section of states that CEO Douglas Bystry says has its own unique demands and impacts on regional economies. A Regional Reach. Bystry said that, when it comes to the western U.S.,

Regulation 100

Regulation Lending Community California 100

PYMNTS

NOVEMBER 22, 2019

VTEX has been around since 1999, but it hasn’t had the need to raise a significant amount of capital thus far, mostly operating off of its own revenues. . The fund has also invested in delivery company Rappi, lending outfit Creditas and tech company QuintoAndar. Gomide said VTEX needs to look beyond just serving its own region. “At

Software 108

Software America Regional Tools 108

PYMNTS

OCTOBER 29, 2018

The Chinese mainland market is a tough place to operate. Some of the many specific solutions it provides is point-of-sale (POS) lending, wealth management, personal installment lending, small and medium-sized business (SMB) lending, insurance products and payments solutions. million yuan ($8.02 million) in 2016 to 568.7

Lending 167

Lending Risk Management Data Marketing 167

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks with access to central bank liquidity continued or even expanded their lending. A pandemic or natural disaster can impact lending in several ways.

Lending 70

Lending Study Marketing Capital 70

PYMNTS

JULY 8, 2016

The Asia-Pacific region undoubtedly led the way, with India securing the largest investment of the week (alternative SME lending) and other deals reaching Australia and China in the logistics, cross-border payments and SaaS segments. ” Alternative Lending. Check out our breakdown of all the deals below.

Capital 101

Capital Lending Industry Management 101

PYMNTS

OCTOBER 16, 2019

In August, Facebook instituted changes to its advertising policies as the result of a settlement it reached with anti-discrimination groups and the federal Department of Housing and Urban Development (HUD). In regard to big national banks, or even regional banks, he said, that rule makes some sense.

social media 110

social media Online Groups Video 110

PYMNTS

FEBRUARY 10, 2017

With a goal of expanding its presence across the Nordic region, Enterpay, based in Finland, has raised new funding from NFT Ventures, the companies said Monday (Feb. Alternative Lending. million , India’s Zen Lefin, better known as Capital Float, will expand its abilities to lend to SMEs. B2B Payments. Capital Float.

Fintech 100

Fintech Capital Lending Data 100

American Banker

SEPTEMBER 14, 2016

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.

Operations 28

Operations Lending Groups Regional 28

PYMNTS

JULY 25, 2017

Lenders who ignore this age group do so at their peril.”. But, Passione noted, many of the players who are taking a pass on offering student lending and other forms of personal loans often aren’t doing so for lack of interest — but lack of ability via smart technology. Lending-as-a-Service.

Lending 100

Lending Community Bank Millennials Community 100

FICO

SEPTEMBER 28, 2020

You’ll get a real-word perspective from: Jason Castillo, Executive Vice President, Head of Fraud and Claims, Citizens Financial Group. Jason is responsible for consumer, commercial and small business fraud detection and strategies, fraud prevention, fraud claims investigation, billing disputes and recovery operations.

Customer Experience 59

Customer Experience Fraud Strategy Compliance 59

Abrigo

OCTOBER 21, 2019

Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

DECEMBER 9, 2016

The Asia-Pacific region reigned again with two deals in Australia and Singapore, while the U.K. Alt-Lending. million investment round led by Thorney Investment Group, as well as John Dahlsen. million investment round led by Thorney Investment Group, as well as John Dahlsen. and the U.S. million , announced Thursday (Dec.

Fintech 100

Fintech blockchain Capital Metro 100

CB Insights

AUGUST 26, 2021

SoftBank Group , headed up by Masayoshi Son, has made enormous and varied bets on the future. . Get an excel file with funding data, sector breakdown, and more on all the companies SoftBank Group has invested in this year (as of 8/5/21). Many of SoftBank’s portfolio companies operate across a variety of different industries.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

MARCH 13, 2020

Singapore’s multi-currency payments startup MoolahGo revealed this week it secured an undisclosed investment from The Lippo Group as part of its Pre-Series A round, according to a company announcement. The company’s platform also connects with more than 1,000 financial advisors that use the portal for brokerage operations, reports said.

Fintech 162

Fintech Capital Software Management 162

Jeff For Banks

APRIL 25, 2014

will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc. of Ocala, Florida on the bank''s sale to Heritage Financial Group, Inc. Our combination. Am I reading it right?

Community 92

Community New York Indiana Connecticut 92