The Financial Brand

MAY 6, 2024

This article How PNC, Citizens, & Other Regionals Are Prepping for the Future Beyond CRE appeared first on The Financial Brand. In recent analyst conversations, the regional leaders shared the best ideas from their long-term playbooks.

Regional 30

Regional Branding Banking Trends Groups 30

PYMNTS

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product.

Lending 134

Lending Alabama Online System 134

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

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 195

Fintech Lending Software Compliance 195

The Financial Brand

JANUARY 23, 2024

This article Charge-offs and Bigger Reserves: Inside the CRE Crisis at the Regional Banks appeared first on The Financial Brand. Regional banks with heavier exposure to office CRE take pains to show they're on it, while others emphasize their lack of exposure.

Regional 36

Regional Branding Banking Trends Groups 36

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. Alternative Lending. 3) that it secured $250 million in equity funding from a subsidiary of SoftBank Group.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

JULY 31, 2019

Andy Rowe is Enterprise Customer Excellence executive, and Elli Dai has been hired as Small Business and Personal Lending Group executive. In his new role, Kowach is responsible for Regional Banking, Distribution Strategies, Customer and Branch Experience, and Regional Services.

Community Bank 147

Community Bank Lending Regional Strategy 147

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, 2020

Some are more exposed to credit card debt and lending to oil and gas companies. banks have stopped lending as much to European businesses as well, showing the home bias that is expected during a financial crisis. Many European banks have reduced lending to oil and gas companies, though. However, U.S. billion for the effort.

Lending 188

Lending Comparison Regional Capital 188

PYMNTS

NOVEMBER 15, 2020

PNC Financial Services Group could buy the U.S. Big bank mergers have been scarce in the past decade since the financial crisis of the late 2000s, but despite that rarity, regional lenders have felt the crunch from bigger rivals like J.P. That roped in funds that could be used for acquisitions. according to WSJ.

Report 247

Report Alabama US Texas 247

American Banker

OCTOBER 6, 2016

The $141 billion-asset company said in a press release Wednesday that it had appointed four managing directors to oversee designated regions for the lending group.

Regional 38

Regional Lending Groups Management 38

PYMNTS

AUGUST 12, 2016

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. banking system needs a bit of jostling. In the U.K.,

Lending 100

Lending Comparison Industry Innovation 100

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.”. That rate, he noted, is based on more than mutual soldier loyalty, as StreetShares has other lending requirements.

Lending 119

Lending Virginia United States Capital 119

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. The paper said that HSBC hasn’t ever used third-party data to approve trade financing.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

FEBRUARY 18, 2020

The company provides customers with trust system and identity solutions to aid in the areas of eCommerce and lending, particularly in terms of credibility. The region also experiences some of the highest fraud rates, in both finance and eCommerce. percent of web-sourced revenue in the region is lost to fraud, according to CyberSource.

Regional 171

Regional Lending Fraud Maine 171

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 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. and MarketInvoice.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

MAY 10, 2016

The only way to predict what the emerging payments trends are for today is to seek out the one group of people who has the power to control the entire market: consumers. But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. In the U.K., In the U.K.,

Regional 100

Regional Payments Study Cards 100

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

Abrigo

NOVEMBER 2, 2016

“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. However, the oil- and gas-sensitive banks’ return on assets has converged toward the comparison groups since mid-2014.

Comparison 150

Comparison Regional Study Risk Management 150

CFPB Monitor

APRIL 29, 2015

The CFPB has issued a fair lending report covering its fair lending activities during 2014. The report states that in 2014, CFPB fair lending supervisory and public enforcement actions required institutions to provide approximately $224 million in remediation.

Lending 60

Lending Report Policies Compliance 60

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

PYMNTS

APRIL 30, 2019

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. Other firms that operate within P2P lending and insurance technologies will be considered.

Fintech 189

Fintech Regional Operations California 189

TheGuardian

MARCH 20, 2023

Two regional US banks have gone to the wall, central banks on both sides of the Atlantic have been forced to provide hundreds of billions of dollars in emergency lending to shore up the financial system, and the Swiss financial group Credit Suisse has been ignominiously absorbed into the larger UBS at the behest of its regulator.

Regional 52

Regional Lending US Regulation 52

American Banker

JANUARY 17, 2020

Citizens Financial Group’s fourth-quarter results highlight the challenges regionals face in generating top-line growth.

Regional 41

Regional America Groups Lending 41

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

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). In secondary and tertiary markets, it is only smaller financial institutions lending. This article explores the risk and what to do about it.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

JANUARY 8, 2019

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China.

Regional 128

Regional blockchain Mobile United States 128

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

PYMNTS

DECEMBER 17, 2018

The Federal Reserve began raising interest rates about three years ago from almost zero, and after the financial crisis, many small and regional banks ramped up their lending with long-term and low-rate loans. They use more of their deposits for loans, and customer loss could affect a bank’s ability to frugally fund lending.

Virginia 144

Virginia Lending New York National 144

PYMNTS

JANUARY 26, 2020

AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. It provides credit lines to individuals and has usually worked in communities without much access to banks.

Fintech 247

Fintech America Capital Regional 247

Abrigo

JULY 14, 2023

2) Owner versus non-owner occupied, and (3) Individual or related group of borrowers. How has the commercial real estate market performed, and how it is performing today by collateral type in your region/market? For example, your top goal for next year might be to expand your lending geographic footprint. Industry borrower data.

Strategy 195

Strategy Data Analytics Analysis 195

PYMNTS

DECEMBER 21, 2016

Traditional banks are beginning to embrace their alternative lending competitors as a way to reach more borrowers and get a jumpstart on the technology and digitization behind the lending industry. 20) a partnership with Fundation Group. The latest bank to take part is Citizens Bank, which announced Tuesday (Nov.

Lending 100

Lending Regional Online Meeting 100

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

American Banker

DECEMBER 21, 2016

has hired a former Regions Financial executive to lead several of its consumer lending groups. First Commonwealth Financial in Indiana, Pa.,

Lending 28

Lending Indiana Regional Groups 28

PYMNTS

NOVEMBER 24, 2020

This week's look at the latest in bank-FinTech collaborations explores how a range of banks is turning to partners and API connectivity to enhance small business services, from lending to payments. app-first bank Atom is also collaborating with the company to enhance its own small business lending workflows.

Data 151

Data Capital Lending Fintech 151

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. Biz2Credit. Yellowbrick Data.

Data 139

Data Capital Analytics Lending 139