Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). listed technology companies have raised that much or more. Sources say that the company is on track to hit more than $200 million in earnings this year before interest, taxes, depreciation and amortization.

Lending 116

Lending Fintech Atlanta Capital 116

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. started developing its digital lending platform about three years ago—and the bank is really glad it did. started developing its digital lending platform about three years ago—and the bank is really glad it did. Illustration by Out of the box/Stocksy.

Lending 91

Lending Community Bank Community North Dakota 91

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Technology Utilization. In a recent American Banker. Source: DeBanked ).

Lending 125

Lending Community Bank Community Data 125

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 182

Fintech Lending Software Compliance 182

Bank Innovation

NOVEMBER 19, 2019

billion in assets, is using automation technology to speed up loan approval times. The bank is tapping cloud banking vendor nCino to automatically pull information from tax returns when underwriting commercial loans. According to Jason Shields, vice president and loan operations manager at Gulf […].

Taxes 199

Taxes Operations Management Technology 199

Abrigo

JULY 19, 2017

One of the most common ways to import the data from a tax return into a digital system is to use Optical Character Recognition (OCR) software. OCR technology has been around for a long time, even before computers or the internet. This technology utilized light-detecting photocells to “read” patterns on a paper card.

Taxes 150

Taxes Software Data Lending 150

Abrigo

FEBRUARY 10, 2021

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Land value At the end of the project, all that farmers and ranchers have left are land value and soil management. Stay up-to-date on the latest on ag lending trends. keep me informed. Watch Webinar. Opportunities. Revenue Streams.

Lending 195

Lending West Virginia Resources Operations 195

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. According to McDerment, the funding reflects investors’ recent uptick in interest for accounting technologies for the self-employed. Expense Management. Canada and India. Trade Finance.

Management 100

Management Capital Taxes Security 100

Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year.

Innovation 150

Innovation Taxes Analysis Lending 150

South State Correspondent

DECEMBER 6, 2022

Managers who grew CRE value in the last 40 years (when inflation was tame) may be unable to preserve real estate value or maintain cash flow when inflation is 6% to 10%, especially if inflation is volatile. This table assumes that management can pass along 70% of inflation to tenants, and 100% of inflation passes through expenses.

Analysis 195

Analysis Taxes US Management 195

Perficient

NOVEMBER 30, 2021

Traditional custody services in this context include facilitating the customer’s exchange of crypto assets and fiat currency, transaction settlement, trade execution, recordkeeping, valuation, tax services, and reporting. Ancillary custody services. Facilitation of customer purchases and sales of crypto assets.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

PYMNTS

APRIL 22, 2020

“GPay has a supportive ecosystem from G-Group with above 20 million users of financial platforms, game community, social network and technology companies. We will invest more in technology and hiring talents, and will have Series A funding round soon too,” Cong Tran, a board member of GPay, told DealStreetAsia on Wednesday (April 22).

Payments 154

Payments social media Groups Taxes 154

PYMNTS

SEPTEMBER 28, 2017

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind. They have a huge need for cash.

Innovation 101

Innovation Taxes Capital Software 101

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Below, PYMNTS breaks down the latest in B2B FinTech funding. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 244

Lending St. Louis Community Marketing 244

Abrigo

FEBRUARY 5, 2021

Even after redoing this certification, borrowers may then still be declined on the same application due to another incorrect validation rule (for instance, an Applicant Tax ID issue),” the letter said. Nobody should fault the SBA for trying to be good custodians of our tax dollars or drive internal efficiencies. SBA Lending.

Fraud 195

Fraud Lending Taxes Regulation 195

Abrigo

JULY 20, 2017

The annual report features Sageworks as a credit risk software vendor alongside global technology and financial leaders SAS and UBS Delta. Relationship Manager. Electronic Tax Return Reader (ETRR). To learn more about Sageworks’ technologies visit, [link]. Loan Decisioning. Loan Pricing. Client Portal.

Software 150

Software Report United States Compliance 150

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

MAY 17, 2017

Beyond the changes in the economy at large, or the revenues or operating expenses generated in tax returns, or discrete data points that form the basis of a conversation between applicant and financial institution, tracking the risk status can be a challenge. The extension of credit, said Cutler, “is something of a business accelerator.

Lending 101

Lending Data Taxes Tools 101

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Aspire Financial Technologies. Aspire’s current offering includes the AspireAccount, a small business platform offering expense management and a credit limit.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

SEPTEMBER 27, 2019

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

Payments Capital Taxes Lending 149

PYMNTS

NOVEMBER 15, 2016

Financial information firm Sageworks has announced its expansion into the world of SME lending. 14) that the company is entering the small business finance space with a new platform that adds to its existing consumer lending, credit risk and portfolio risk management offerings for financial institutions. ”

Lending 100

Lending Big Data Risk Management Taxes 100

FICO

JANUARY 6, 2022

As credit issuance, account management and collections enter the digital age, the opportunity for innovative experimentation is accelerated and made more complex by the wide range of data and decision points a digital platform enables. The Pillars of Experimentation. Learn and Adapt. The importance of this was shown in a recent FICO survey.

Management 52

Management social media Customer Experience Strategy 52

PYMNTS

DECEMBER 4, 2018

3), the services offered from the TD Wealth Management for Healthcare Practitioners group include access to senior private bankers, investment managers, financial planners and lending specialists with expertise in the healthcare industry. Announced in a press release on Monday (Dec.

Industry 128

Industry Management Taxes Lending 128

PYMNTS

NOVEMBER 13, 2020

The company also streamlines supplier onboarding, contract management and other workflows within the procure-to-pay space. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

Abrigo

SEPTEMBER 20, 2023

And those same economic factors might lead financial institutions to curtail vital investments like anti-fraud technologies, making themselves more vulnerable. Often, perpetrators of this type of fraud are younger males with a strong understanding of technology, residing in cities and usually not financially well-off.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

DECEMBER 2, 2016

Indeed, the last two weeks were dominated by small, early-stage investments staggered across a variety of industries, from T&E to alternative lending to B2B eCommerce. Cash Flow Management. Wholesalebox said it will use the funds to expand operations into new markets and scale its technology infrastructure. Numberz.in.

Fintech 100

Fintech Capital Lending Taxes 100

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Look at technology companies.

Lending 60

Lending Regulation Community Community Bank 60

Abrigo

NOVEMBER 7, 2019

A smaller bank might have 10 different pools, and it might be appropriate for 9 of them, but there may be one portfolio that is really the backbone of the lending operation, and it may require something more. Digitizing and automating the business lending process allows for credit unions to drastically improve time- and cost-savings.

Community Bank 150

Community Bank Community Lending Analysis 150

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. The evolution of payroll is all about pushing back against the notion of one-size-fits-all. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

JUNE 7, 2016

With an eye on what could be called a true greenfield opportunity, alternative lending platform Biz2Credit is launching its small business lending products in India. In short, said the CEO, “not as much in the way of startups … but instead, through efforts to grow their businesses and manage payroll.”.

Online 100

Online Lending Course Risk Management 100

PYMNTS

JANUARY 28, 2020

In the effort to migrate SMBs and their accountants away from spreadsheets, technology now enables accountants to spend less time on manual number-crunching and more time on strategic processes. Yet despite improvements in accounting software, cash flow management remains a headache that threatens the very existence of many companies.

Payments 151

Payments Data Survey Management 151

Abrigo

FEBRUARY 7, 2023

How construction administration units mitigate construction lending risk Construction lending involves unique risks and requires specialized processes. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Takeaway 2 Construction lending risk is unique.

Lending 195

Lending Management Risk Management Handbook 195

PYMNTS

NOVEMBER 7, 2018

Management pointed to tightening credit standards even as rising rates helped boost results, trends that are likely to continue. That growth was outpaced by a record number of applications, up 30 percent year on year, as LendingClub looks to spur “awareness” of the benefits of fixed-rate lending in an era where interest rates are on the rise.

Taxes 159

Taxes Management Risk Management Capital 159

PYMNTS

JUNE 5, 2019

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending.

Cards 158

Cards Las Vegas Innovation Mobile 158

Independent Banker

DECEMBER 31, 2021

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.

Community Bank 144

Community Bank Community Lending Louisiana 144