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Building your growth plan: Key metrics to consider - Part 3

Abrigo

While increasing the volume of qualified loan applications is an important component of any growth strategy, leadership at these institutions may not consider that there are ample opportunities already available in their loan application pool. This practice is designed to mitigate risk, but it can also limit lending opportunities.

Analysis 150
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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35 The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors. said this week.

Payments 149
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Bankers: Just Do It!

Jeff For Banks

Branch managers were unaware of their P&L, lenders were unaware of the ROE of their portfolio. Imagine, holding lenders accountable for the continuous pre-tax profit and ROE improvement of their loan book, like the table below. His top quartile branches in pre-tax profit should receive a greater bonus pool than his bottom quartile.

Montana 78
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Bankers Are Navigating a Brave New World with Mergers and ESG

Gonzobanker

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. Whatever the good intentions of these new mandates, any new compliance orders require resources, change management, and an understanding of the unintended risks that could arise.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.

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2021 GonzoBanker Awards

Gonzobanker

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Congrats to Randy and a great management team. Lifetime Leadership Achievement Awards. SoFi’s March acquisition of Golden Pacific Bancorp for $22.3

Fintech 147
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Leadership and board members. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Business lending and corporate cards. Payments companies assumed risk for losses associated with chargebacks, fraud, KYC, or AML, while also providing support, dispute management, and reporting.

Online 98