Abrigo
NOVEMBER 21, 2014
Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. Specifically for businesses, are commercial loans on the rise? Nationally, the picture is a fine one.
PYMNTS
MARCH 13, 2019
The new locations will include Charlotte, North Carolina; St. Louis, Missouri; Pittsburgh, Pennsylvania; Kansas City, Kansas and Greenville, South Carolina, among others. The bank said about 30 percent of the branches will be in low or moderately low income communities.
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FICO
MAY 11, 2017
Those expectations have transferred directly to lending; customers expect ever-faster loan approvals, and online lenders are happy to oblige. But that’s not a reason to let the tail (fraud) wag the dog (the lending operation). How lenders can fight back. Those defenses need to be agile and address weaknesses such as application fraud.
CB Insights
NOVEMBER 6, 2019
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).
FICO
FEBRUARY 9, 2023
I’m curious as to how they balance their goals of delivering growth while managing the headache of rising interest rates, inflation and tightening budgets. Finding the optimal balance between providing a great customer experience and managing the cost-to-serve has also proved tricky.
Fintech Labs Insights
JUNE 16, 2016
Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Digital wealth manager. Tink raised $10.2
Jeff For Banks
DECEMBER 19, 2015
But management went to work. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. Which is interesting because Coastal is headquartered in Beaufort, South Carolina. What a ride! #3. BNCCORP, Inc. But I digress.
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