Bank Innovation
SEPTEMBER 21, 2017
EXCLUSIVE – There were conflicting views on the importance of the FICO score at the PayThink Conference in Phoenix this week. While only some professionals were bold enough to say the standardized credit scoring has become marginalized, others maintained that it was here to stay.
Bobsguide
MARCH 30, 2022
Finastra announced that 27 community bank customers are working with Finastra to upgrade their legacy core banking solutions to Fusion Phoenix. Among the banks that have recently gone live on Fusion Phoenix is Deerwood Bank. This is in addition to 15 banks which went live last year.
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South State Correspondent
JANUARY 4, 2023
While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.
PYMNTS
MAY 4, 2016
With the recent tightening of the capital markets, we are refocusing on our core consumer loans business,” he said. 40 million | What Prosper paid to acquire medical-lending firm American Healthcare Lending LLC and personal-finance startup Billguard Inc.
Gonzobanker
JANUARY 4, 2016
In an industry where the top five institutions control more than half the market share, it amazes me how few of the 6,000 other banks are taking advantage of shared insights and resources to compete. GonzoBanker Bank Chief Risk Officer Roundtable Phoenix Apr 3-5. GonzoBanker Bank CFO Roundtable Phoenix May 15-17. Nov 13-15.
Abrigo
JANUARY 15, 2015
In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Phoenix, Arizona – Arizona Bank & Trust ($102 million). The cities were chosen randomly, but are listed below in alphabetical order.
PYMNTS
MAY 4, 2016
The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door. Changing market conditions (and some higher-than-expected default rates) have changed the math and softened investor interest some.
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