article thumbnail

Banks Are Arming to Win the Digital Lending War With Fintechs

The Financial Brand

Increasing demand for digital loans and faster decisions is changing the face of consumer lending. The post Banks Are Arming to Win the Digital Lending War With Fintechs appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 40
article thumbnail

Deep Dive: How CUs Are Rethinking Their Credit Solutions During The Pandemic

PYMNTS

PYMNTS’ July Credit Union Innovation Playbook: Card Trends Edition revealed that 47 percent of CU executives expected credit card processing revenues to be more robust than those for debit cards, for example, and the smallest credit unions surveyed — those with less than $500 million in assets — were the most confident in this trend.

San Diego 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where Credit Unions Invest To Get The Best ROI

PYMNTS

The new service, Flex Loan, is being offered by SkyPoint Federal Credit Union and was established through a partnership with cloud-based mobile lending platform QCash Financial. Auto lending is also getting an upgrade in the CU market. Small dollar loans are often sought when members need funds to cover unexpected expenses.

article thumbnail

Fraud risk could run to billions in PPP loans

Bank Innovation

Fraud is a common trend with government relief programs. Last week saw banks and fintechs scrambling to stand up platforms to process Paycheck Protection Program loans, and now the struggle is to keep the platforms running while weeding out potentially fraudulent applications.

Fraud 335
article thumbnail

Card-Issuing Bank Takes on Fintechs with Its Own BNPL Plan

The Financial Brand

Leading traditional credit card issuer crosses the line into merchant-supported buy now, pay later lending. The post Card-Issuing Bank Takes on Fintechs with Its Own BNPL Plan appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Cards 39
article thumbnail

14 Surprising Projections on the Future of Banking

The Financial Brand

The post 14 Surprising Projections on the Future of Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Research on the future of banking finds that most changes in the future of banking will be evolutions of the more recent past.

article thumbnail

37 Corporate Innovation Labs In Finance

CB Insights

Key people: Alan Morrison, Senior Manager, Center for Technology and Innovation. PwC’s Center for Technology and Innovation is a “think tank focused on enterprise IT trends and emerging technologies for chief information officers (CIOs) and other executives.” Founded: 2009.