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Kicking The ‘Virtual’ Tires To Spur Car Sales As COVID-19 Hits Automakers

PYMNTS

COVID-19 is spurring firms that rely on consumer spending, and on lending to finance big-ticket purchases, to invent new ways to keep business flowing – with a nod to the fact that the uncertain economic impact of the virus may hurt consumers’ near-term ability to pay for those items. Necessity, as they say, is the mother of invention.

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Departure Delayed For Airline Recovery

PYMNTS

As reported by CNBC , United Airlines said in late July that its September domestic schedule is down 40 percent from 2019 levels, even as some international flights like Chicago to Tel Aviv, Chicago to Hong Kong, and Houston to Amsterdam have been added back to the schedule. The four largest U.S. billion loan.”.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Now is that period.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area. Consumer mortgage and installment lending are in the mix as well.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

130 $5 55t Bella 7 2020 Las Vegas 9,000 $0 55t Marygold & Co 7 2021 Denver 5,900 $0 57t Capway 5 2017 Atanta 16,000 $0 57t Purple 5 2020 Ft Myers, FL 0 $0 59t Letter 4 2019 SF 2,000 $0 59t North Loop 4 2019 SF 0 $0 59t Pinch 4 2019 LA 0 $0 59t Save 4 2018 Houston 31,000 2.6 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5

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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. P2P mortgage lending. Payment processor. HQ: Houston, Texas. Tags: Mobile, payments, API. All told, 12 fintech companies raised $205 million ($105 million equity, $100 million debt) this week.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.