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

American Banker

Consumer lending Earnings Commercial lending Credit quality

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.

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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.

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.

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.

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.

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.

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 ending 30th July 2021

Daily Fintech

The post Alt Lending week ending 30th July 2021 appeared first on Daily Fintech. Alt LendingCriminal Case Review Commission (CCRC) takes another look at alleged LIBOR rigger Tom Hayes case.

Near-record SBA lending gives banks much-needed earnings jolt

American Banker

Earnings Regional banks Commercial lending Small business lending Community banks

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

Fireworks On The Horizon For Post-PPP Alt-Lending

PYMNTS

According to some industry players, the moment could be ripe for an alternative lending comeback. With small and medium-sized business (SMB) demands shifting, the alt-lending market has new expectations to meet. The Highs And Lows Of Alternative Lending.

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%

B2B Investors Turn Spotlight On Commercial Cards, Alt-Lending

PYMNTS

Investors are diversifying their B2B FinTech targets this week as startups operating in the B2B eCommerce and alternative business lending arena secured funding.

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.

5 Reasons to Increase SBA Lending at Your Bank or Credit Union

Abrigo

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? SBA Lending.

Fed sees loosening credit standards as lending demand returns

American Banker

Federal Reserve Mortgages Commercial lending CRE

Buy or Sell? Balancing Loan Portfolios in 2021 and Beyond

Strategically Speaking

Lending

Auto Sales, Lending Surge — And So Might Lenders’ Risk

PYMNTS

Auto sales are on the rise — and with those gains, it stands to reason that lending to help finance those purchases would also be up. Wells Fargo said in its own release that auto lending was up 7 percent year over year and 3 percent from the first quarter.

The New Lending Fintech Bonanza

Gonzobanker

It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue. They primarily support – don’t compete with – federally insured bank lending.

Alt lending Week Ended 5th March 2021

Daily Fintech

The post Alt lending Week Ended 5th March 2021 appeared first on Daily Fintech. Alt LendingUK Government plugs mortgage deposit gap with 5% nudge My youngest son told me the last weekend that a mortgage adviser had told him that he needed at least a 30% deposit to fund a new mortgage.

Stripe Capital Extends Business Lending To Online Platforms

PYMNTS

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. In particular, Stripe Capital noted it equips platforms with an “end-to-end lending API” through which they can provide financing options.

Santander offers to buy remaining 20% of subprime auto lending arm

American Banker

Subprime lending Santander Auto lending

Data and The Cloud Helps Mid-Market Banks ‘Punch Above Their Weight’ In Consumer Lending

PYMNTS

Instead of simply automating the lending process and workflow for these banks, Vlok said that MeridanLink’s platform integrates multiple sources of data into those workflows to support better and more accurate credit decisioning.

ForwardAI Debuts API For SMB Lending

PYMNTS

ForwardAI , which works in lender-first FinTech services, has rolled out ForwardAI Precise , an application programming interface (API) delivering a suite of cash flow, accounting and financial data for small- to medium-sized business (SMB) lending, according to a press release.

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.

Hotel lending improves as pandemic eases, but risks remain

American Banker

Lending Delinquencies

Digital lending fintech enters auto

Bank Innovation

LAS VEGAS — Bank of Oklahoma has adopted Blend’s digital lending platform, the fintech announced at the 2019 Auto Finance Summit. Carousel Lending Premium Retail Banking Startups Auto Finance News BlendBlend’s platform is designed to simplify user experience for the consumer to drive increases in completed online applications and funding rates. Blend’s technology uses verified data to eliminate steps and the passing around of documents,” said Olivia […].

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

Banks seek bigger role in point-of-sale lending

Payments Source

Lending Point-of-sale

Alt Lending: Asset Values Heading South

Daily Fintech

The post Alt Lending: Asset Values Heading South appeared first on Daily Fintech. Alt Lending intu mervyn king pay day lending

The Universal Remote of Lending

Strategically Speaking

So, here’s my attempt at sharing my thoughts on the benefits of a single lending platform. LendingI love a good analogy. The folks who work with me know that I’m full of them. As an analyst, it’s how I learn and process how things work.

Alt Lending week ended 22nd January 2021

Daily Fintech

The post Alt Lending week ended 22nd January 2021 appeared first on Daily Fintech. Alt Lending

Alt Lending Week ended 7th August

Daily Fintech

The post Alt Lending Week ended 7th August appeared first on Daily Fintech. Alt Lending

Alt Lending Week ended 11th June

Daily Fintech

The post Alt Lending Week ended 11th June appeared first on Daily Fintech. Alt LendingTapering of Eurozone bank’s stimulus package is “ unavoidable” Speculation is mounting that the Eurozone’s Euro 1.85