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Rebeca Romero Rainey: Shifts in lending

Independent Banker

As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. While it has had some benefits, like stronger risk management for our banks, it has made the customer process much more daunting. But community banks have adapted to address that shift.

Lending 141
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Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

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Why Senior Debt Has Spent Two Decades Spiking

PYMNTS

“There are increases in the credit card delinquency rate that make you wonder whether some parts of the population are not doing as well, or whether this is just a result of more relaxed lending standards,” said Wilbert van der Klaauw, senior vice president at the New York Fed. It’s something we are looking into.”.

New York 130
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2020 GonzoBanker Awards

Gonzobanker

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Remember that?

Idaho 172
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The United States Of Fintech Startups

CB Insights

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

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Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

The meal kit startup, an alternative to visits to grocery stores, has hired Steve Robinson, former head of global logistics and supply chain at Starbucks, and Brian McEvoy, former assistant general manager at meal kit competitor Blue Apron, to lead its scalability efforts.

Idaho 118
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The benefits of small business relationships

Independent Banker

Evans Bank in Boise, Idaho. Our bank provides access to capital for small businesses that want to start or expand their business by utilizing the Small Business Administration 7(a), Express and 504 loan programs,” says Jennifer DeJean, vice president and SBA manager for D.L. A winning combo. billion-asset D.L. Evans Bank.