PYMNTS

JANUARY 29, 2020

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. “We have seen small businesses destroyed by online lending.” “We have seen small businesses destroyed by online lending.”

Lending 136

Lending New York Online New Jersey 136

CFPB Monitor

JANUARY 29, 2020

Unfortunately, this is an area where there is very little regulatory guidance or commentary, leaving financial institutions with the task of making guesses and judgment calls about how to use ad targeting effectively, and in a way that minimizes fair lending risks.

Lending 130

Lending social media Compliance Regulation 130

PYMNTS

JUNE 30, 2016

A study released by Market Strategies International found that 31 percent of American households feel stuck in a relationship with one or more financial services companies they distrust. A similar pattern exists for banking, life insurance, mortgage lending, credit cards and even investment firms. The answer may surprise you.

Marketing Strategies 102

Marketing Strategies Study Meeting Strategy 102

ForwardBanker

MARCH 1, 2016

When marketing mortgages and consumer loans, is it business as usual and the same-old-same-old for your community bank or credit union? Sure, certain marketing strategies will remain timeless — addressing customers by name when they interact with branch staff comes to mind.

Lending 28

Lending Marketing Marketing Strategies Community Bank 28

PYMNTS

JANUARY 5, 2018

“Paul’s wealth of experience in planning for growth, resilience, cybersecurity, regulatory compliance, business operations and go-to market strategy will be of great value to BABB’s long-term vision,” said BABB Founder and CEO Rushd Averroes. “We fiscal and regulatory policy.”.

blockchain 108

blockchain Industry Compliance Marketing Strategies 108

PYMNTS

MARCH 14, 2017

Banks and credit unions are looking for differentiated product offerings that not only deliver value for their members, but create new revenue streams and lending opportunities.”. The company did not indicate when these pilot programs would advance into more large-scale launches.

Detroit 122

Detroit Michigan Marketing Strategies Fintech 122

The Financial Brand

MAY 24, 2021

By adopting current marketing methods, forming partnerships and offering credit that consumers want most, lenders can grow their portfolios. The post How Financial Institutions Can Fire Up Their Lending Engine in 2021 appeared first on The Financial Brand.

Lending 41

Lending Branding Marketing Marketing Strategies 41

South State Correspondent

SEPTEMBER 20, 2022

Most banks will target around 6% of revenues next year for their marketing budget, and banks with strong brands and marketing programs target above 7%. Both speakers presented the bulk of the opportunity to start around custody of these digital assets and then crypto rewards products and lending against such assets.

Conference 195

Conference Marketing social media Data 195

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets.

Regulation 156

Regulation Innovation Fintech Marketing 156

Gonzobanker

JANUARY 29, 2018

I received a “personalized” email last week titled 5 Savings Strategies for Your Down Payment. Strategy #5 on the list was: “You may need to make more money.” According to recent research What’s Going On In Banking 2018, 64% of mid-size bank and credit union executives don’t believe their marketing strategies are future ready.

Analytics 110

Analytics Resources Strategy Marketing Strategies 110

The Financial Brand

MARCH 16, 2021

Flush with deposits, banks and credit unions seeking new volume may find it with aggressive promotion to people returning to the auto market. Auto Lending Offers Fresh Opportunities appeared first on The Financial Brand. The post Hungry for Loan Growth?

Lending 23

Lending Branding Marketing Marketing Strategies 23

Gonzobanker

OCTOBER 26, 2021

Love it, like it or hate it—the reality is that banks with an authentic and impactful execution of their ESG strategy will have better luck on the merger front with more support from stakeholders that can throw a wrench in things at any time. Earning the Trust of the Stakeholders. Get the story straight.

Leadership 97

Leadership Compliance Strategy Branding 97

CFPB Monitor

AUGUST 6, 2018

It also provides guidance as to redlining risk management techniques such as (i) the regular review of assessment areas and credit market areas; (ii) evaluation of fair lending risk arising from the opening, acquiring or closing of branches and offices; (iii) evaluation through marketing and outreach programs; and (iv) complaints monitoring.

Compliance 68

Compliance Risk Management Lending Training 68

The Financial Brand

JULY 30, 2015

Key concepts for building a 1:1 mortgage marketing program in today's digitally-driven world.

Marketing Strategies 12

Marketing Strategies Marketing Strategy Lending 12

PYMNTS

NOVEMBER 13, 2020

Going forward, the company plans to invest in market expansion, branding and marketing strategy, as well as technology-enabled tools to drive efficiency. As George Arison, Shift’s other co-CEO, put it: “[These] results demonstrate that there is a clear demand for our offerings.”.

Online 214

Online San Francisco Trends Marketing Strategies 214

Ublocal

JUNE 5, 2023

SBA loans offer a variety of benefits, such as more flexible lending terms, and they can be a gateway to obtaining conventional financing in the future. If you have questions about your SBA loan timeline, you can contact the Union Bank business lending team anytime during the application process.

New Hampshire 98

New Hampshire Vermont Resources Taxes 98

PYMNTS

JANUARY 27, 2017

Based in California, CUneXus Solutions has a very specific target in mind for its marketing clients: credit unions. Lighthouse.io. On Thursday (Jan. 26), Australian startup Lighthouse.io announced a $1 million seed funding round for its B2B solution, which uses Internet of Things technology to help employee productivity.

Fintech 100

Fintech Cards Mobile Capital 100

FICO

JUNE 14, 2023

Alyson Clarke, Principal Analyst at Forrester What is the biggest mistake banks make with their hyper-personalization strategies? CLARKE: Having a strategy and a plan are very important. The personalization strategy also needs to evolve over time as the business’s overall strategies and priorities change.

Analytics 52

Analytics Strategy Survey Technology 52

CB Insights

DECEMBER 4, 2019

While the anticipation for Amazon’s plunge into banking gets louder each year, it’s important to first understand Amazon’s existing strategy in financial services — what Amazon has launched and built, where the company is investing, and what recent products tell us about Amazon’s future ambitions. Closing thoughts.

Cards 101

Cards Lending Strategy US 101

Gonzobanker

JUNE 22, 2017

But, they are going to have to learn how to do this in an evolving world of tools, data and SEO-driven strategies. Commercial lending/banking training progression – We see too many banks that over-rely on a “steal the talent” approach to commercial and business lending expertise (that’s essentially outsourcing).

Training 89

Training Lending Customer Experience Tools 89

PYMNTS

NOVEMBER 9, 2018

Its tool, Agile Insights, can be used for a range of use cases, the firm explained, including demand-planning for eCommerce companies or marketing strategies for consumer product firms. The company also plans to further develop its software and boost adoption of its solution that allows professionals to make data-driven decisions.

Software 158

Software North Carolina Capital San Francisco 158

The Financial Brand

OCTOBER 9, 2018

Here's how community banks and credit unions can generate more home equity lending, along with a gallery of marketing examples. The post Tips to Help Financial Marketers Grab More Home Equity Lending Business appeared first on The Financial Brand.

Lending 21

Lending Marketing Community Bank Community 21

Gonzobanker

MARCH 6, 2018

Much like a bank that over-concentrates itself on commercial real estate lending, banks that rely too heavily on physical channels for consumer and business customers risk attrition, lost revenue and increased expenses. Throwing money at new technology without a change to strategy or operations is a fool’s errand based on wishful thinking.

Strategy 89

Strategy Marketing Mobile Trends 89

Long Lasting Ideas

AUGUST 7, 2014

Convene the Committee – Committee members can lend their expertise to these specific areas to consider for inclusion: define the institution brand presence on social media for marketing purposes. There is no one-size-fits-all policy and your policy should fit with your other governing documents and employee handbook.

social media 69

social media Policies How To Handbook 69

William Mills

SEPTEMBER 25, 2018

SME Lending for the Indian marketplace. Efficiency gains in getting and processing paper records that are used in the lending review process. ^DG. And of course, SMB lending has been a huge focus for fintech. While this is true everywhere, this is a particular challenge in a market like India. 09:15 am MuniRisk.

Mobile 77

Mobile Customer Experience Lending Analytics 77

PYMNTS

JANUARY 10, 2017

Other categories beyond fashion lending themselves to such smart sensing, said the executive, include electronics, and Kanniganti maintained that the solutions are modular enough to be added on piecemeal, depending upon the use case or size of the store.

Management 100

Management Retail Technology Marketing Strategies 100

The Raddon Report

MARCH 17, 2016

The auto lending market looks rosier today than it has for a number of years, with new vehicle sales reaching 17.5 The auto lending market may soon slow, however, due to waning consumer demand and projected higher interest rates.

Lending 12

Lending Marketing Marketing Strategies Strategy 12

NCR

MARCH 15, 2016

We also scrutinize revenue projections based on a variety of business and market factors such as consumer demand and the entrepreneur’s go-to-market strategy. In today’s world, banks base their lending on the most recent tax returns. We review financial assumptions being made for reasonableness. Conclusion. Bradford L.

Taxes 40

Taxes CA Lending Strategy 40

The Financial Brand

FEBRUARY 6, 2022

Deposit strategies will be sharply impacted by the rapid pace of change, complicated further by several unprecedented economic factors. The post How Banks & Credit Unions Should Prepare for Rising Interest Rates appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 29

Banking Trends Analysis Strategy Trends 29

PYMNTS

NOVEMBER 30, 2017

Instead, the executive said, payment companies are not only an expansive source of financial data, they also hold a long-term relationship to their small business customers, making them a vital piece of the SMB lending puzzle. Payment processors have a huge part to play,” he said. They’re typically front and center of what goes on.

Lending 100

Lending Resources Data Payments 100

CB Insights

MARCH 8, 2018

Revolut’s strategy on the other hand has been to get an e-money license which can be obtained much more quickly, though the scope of services that can be offered is more limited. Atom Bank, for example, launched a savings account and SMB lending after regulatory approval.

Retail 78

Retail Digital Banking Fintech Regulation 78

William Mills

MAY 11, 2016

Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Peer lending meets machine learning, with LendingRobot. The algorithm automates the process of identifying, and investing in, the best peer-to-peer lending opportunities.

Video 40

Video Lending social media Analytics 40

South State Correspondent

MAY 2, 2022

Instead of thinking about how you can grow customers, the commercial lending team often thinks about increasing loans. This problem is often magnified when marketing gets involved as marketing then goes off and creates a strategy based on the bias and limitations of what the product people told them.

social media 195

social media Management Marketing Resources 195

Social Assurance

NOVEMBER 6, 2020

By having CFOs and CEOs in attendance, content would lend itself to position bank marketers as a critical function within any organization. The new format provided an opportunity for high caliber speakers and presentations representing marketing and further reinforcing the role and value of marketing at financial organizations.

Marketing 12

Marketing Conference Minneapolis Analytics 12

PYMNTS

FEBRUARY 22, 2019

Germany and Poland as it strengthens its position as a small business lending platform. The investment will be used to focus on its go-to-market strategy, nxKnox noted. The Series D round, which includes equity and debt capital, also saw participation from NIBC Bank and Prime Ventures.

Lending 139

Lending Capital Fraud Tools 139

William Mills

MAY 11, 2016

Virtual reality – Where your can see your investment plan and strategy visually and interactive. What’s the market strategy? BLEND stands for better lending. Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added.

Video 40

Video Mobile social media Analytics 40

CB Insights

OCTOBER 10, 2018

Asia is highly competitive, with tech giants like Ant Financial and Tencent’s WeChat actively dominating mobile payments and expanding their reach in financial services across lending, wealth management, and insurance. The company raised $38M in equity funding and $178M in debt to lend to SMEs in August 2018.

Retail 78

Retail Cards Millennials Mobile 78