Spotlight on Loan Growth — or Lack of it — as Earnings Season Kicks Off

American Banker

Consumer lending Earnings Commercial lending Credit quality

Coinbase Kills Lend Product Amid SEC Ire

PYMNTS

Following lawsuit threats by the Security and Exchange Commission (SEC), Coinbase is killing its proposed loan product Coinbase Lend and its associated waitlist. See also: SEC Threatens Coinbase With Lawsuit Over Lending Scheme.

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Is Lending Club Back?

Bank Innovation

Better originations, better sales, more revenue: wow, did Lending Club just report a positive quarter? Corporate Exclusive Lending Online Startups earnings Lending Club marketplace lending OnDeck online lendingWith the results reported on its earnings call yesterday, it certainly seems as though the marketplace lender has turned back toward growth.

Navigating Consumer Lending Challenges for Profitability

Abrigo

Takeaway 2 A consumer loan origination system can help FIs offer a fully digital retail lending experience. How can FIs overcome retail lending challenges? A similar transformation on the retail side will be necessary for success in consumer lending in today’s environment.

2020 Lenders & Chief Credit Officers Conference

The 2020 Lenders & Chief Credit Officers Conference brings together lending professionals from across the West Coast for three days of premier education and networking opportunities. Hear from business leaders, strategists, and peers during interactive sessions designed to explore shared opportunities and challenges, discuss examiner expectations, and develop a greater understanding of today’s marketplace.

Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule.

Alt Lending Week ended 17 September 2021

Daily Fintech

The post Alt Lending Week ended 17 September 2021 appeared first on Daily Fintech. Alt LendingJohnson’s tax hikes makes raising rates difficult. A warning from the Bank of England that Johnson’s manifesto busting hikes in interest rates is significant enough to effect monetary policy.

TapWater Turns on Lending Faucet for SaaS Platforms

PYMNTS

Embedded lending startup TapWater is now available in beta and has a waitlist in progress for Software-as-a-Service (SaaS) companies and other B2B firms looking to integrate credit solutions directly into their platforms, the FinTech Brain Food newsletter reported.

Alt Lending week ending September 10th 2021

Daily Fintech

The post Alt Lending week ending September 10th 2021 appeared first on Daily Fintech. Alt LendingOverseas companies find British red tape a hindrance to doing business.

Alt Lending week ending 27th August 2021

Daily Fintech

The post Alt Lending week ending 27th August 2021 appeared first on Daily Fintech. Alt Lending

Alt Lending week ended 3rd September 2021

Daily Fintech

The post Alt Lending week ended 3rd September 2021 appeared first on Daily Fintech. Alt LendingBuy now pay later. BNPL) Klarna leads the way, but to where?

Alt-Lending Makes A B2B VC Comeback

PYMNTS

Alternative lending is making a comeback on the charts, while freelance FinServ also secured new backing, but it was the payroll technology arena that came out on top. Based in Chile, Kredito is an alternative business lending FinTech that just raised $4 million in pre-seed funding.

NY Crypto Lending Crackdown Targets Five Platforms

PYMNTS

New York has ordered two cryptocurrency lending platforms to cease activities and warned three others to hand over information about how their businesses operate, New York Attorney General (NYAG) Letitia James said in a Monday (Oct. See also: Coinbase Kills Lend Product Amid SEC Ire. “My

Compound data: the key to digitized lending

Bank Innovation

Innovation Strategy INV Fintech Lending Sponsored Startups Boss Insights sponsoredA staggering 90% of small- to medium-sized enterprises fail. Aside from operations and strategy, one of the biggest reasons is limited funding or lack of timely cash flow.

Alt Lending Week Ended 20th August 2021

Daily Fintech

The post Alt Lending Week Ended 20th August 2021 appeared first on Daily Fintech. Alt LendingWho are the regulators trying to protect? The strange story of Amigo continues. I have commented on this before.

Lending surge pushes Signature’s assets above $100 billion

American Banker

Earnings Commercial lending

Alt Lending week ended 13th August 2021

Daily Fintech

The post Alt Lending week ended 13th August 2021 appeared first on Daily Fintech. Alt LendingTesco Bank gives up the ghost. Who can blame them?

Alt Lending Week ending 15th October 2021

Daily Fintech

The post Alt Lending Week ending 15th October 2021 appeared first on Daily Fintech. Alt LendingConsumers need to know about new financial products! While the concept of BNPL (Buy now pay later loans) is as old as the hills the app based finance providers are not.

Alt Lending week ended 16th July 2021

Daily Fintech

The post Alt Lending week ended 16th July 2021 appeared first on Daily Fintech. Alt LendingFirst of its kind LSE listing for Wise ought to be thought provoking? Not surprisingly, this story has been widely reported for a couple of reasons.

Alt Lending Week 23rd July 2021

Daily Fintech

The post Alt Lending Week 23rd July 2021 appeared first on Daily Fintech. Alt LendingBank of England signals concern over Cloud providers dominance in UK financial sector To be honest I am surprised that it has taken this long for this undoubted issue to surface.

Alt Lending Week ending 25th June 2021

Daily Fintech

The post Alt Lending Week ending 25th June 2021 appeared first on Daily Fintech. Alt Lending

Alt Lending week ended 9th July 2021

Daily Fintech

The post Alt Lending week ended 9th July 2021 appeared first on Daily Fintech. Alt LendingHSBC bucks trend as European banks decline in importance The Banker magazine has released new data on the standing of the worldwide banking industry.

Alt lending week ended 2nd July 2021

Daily Fintech

The post Alt lending week ended 2nd July 2021 appeared first on Daily Fintech. Alt LendingThe trouble with Newcomers The Daily Telegraph’s City Correspondent , Ben Marlow cites the not untypical tale of Digital newcomer Revolut in his column of 22nd. June 2021.

Alt Lending:Mini Bond Sales, Infrastructure, Credit Card Lending

Daily Fintech

Here is our pick of the 3 most important Alt Lending news stories during the week 1. The post Alt Lending:Mini Bond Sales, Infrastructure, Credit Card Lending appeared first on Daily Fintech. Alt Lending

3 Alternative Lending Startups to Watch

Bank Innovation

Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Capital Daily Post 1 Exclusive Lending Mobile Online Open Fintech Payments Premium Retail Social Media Startups amazon Kabbage Lending Club Lenmo Venmo

Alt Lending week ended 18th June 2021

Daily Fintech

The post Alt Lending week ended 18th June 2021 appeared first on Daily Fintech. Alt LendingMajor Banks face further capital constraints over exposures to crypto currencies The Basel committee on Banking supervision is apparently casting its eyes on bank’s exposures to crypto currencies.

Alt Lending week ended 8th October 2021

Daily Fintech

The post Alt Lending week ended 8th October 2021 appeared first on Daily Fintech. Alt LendingCredit Suisse raided by Swiss police over Greensill funds.

Alt Lending Week Ended 4th June 2021

Daily Fintech

The post Alt Lending Week Ended 4th June 2021 appeared first on Daily Fintech. Alt LendingArchegos faces probe by department of justice. Family office or hedge fund ,take your pick.

Strike the right balance in regulating small-dollar lending

Payments Source

There are ways to remove bad actors from the industry — such as reinstating the Consumer Financial Protection Bureau’s payday lending rule and banning certain fees and collection practices — without hindering consumers’ access to emergency credit. ]].

Formula for Business Lending Success: Minimize Delays

Abrigo

Key Takeaways Financial institutions who want to maintain a healthy share of business lending this year and through potentially tougher economic times ahead want to be in the best position possible before trouble hits. Lending & Credit Risk. CRE Lending.

Alt Lending Week Ended 16th April 2021

Daily Fintech

The post Alt Lending Week Ended 16th April 2021 appeared first on Daily Fintech. Alt LendingUncertain future for the Euro Interesting piece in the right wing flagship magazine Spectator.

Alt Lending Week Ended 9th April 2021

Daily Fintech

The post Alt Lending Week Ended 9th April 2021 appeared first on Daily Fintech. Alt LendingEuropean Corporate Loan defaults double with worse to come? Gloomy figures arrive courtesy of Standard and Poors Global ratings data the headline being that the default rate is 5.4%

Alt Lending Week ended 7th. May 2021

Daily Fintech

The post Alt Lending Week ended 7th. Alt Lending

Banks seek bigger role in point-of-sale lending

Payments Source

Lending Point-of-sale

Payhippo Raises $1M Toward B2B AI Lending

PYMNTS

Payhippo , the artificial intelligence (AI)-driven lending platform, has raised $1 million in pre-seed funding, which it plans to use to hire more engineers and keep financing smaller businesses, a Friday (July 2) press release said.