PYMNTS

MAY 2, 2017

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

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Puerto Rico Lending Online United States 118

South State Correspondent

APRIL 10, 2023

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). touched off a wave of bankruptcies.

Community Bank 195

Community Bank Community Los Angeles Regional 195

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 184

Fintech Lending Software Compliance 184

South State Correspondent

JANUARY 20, 2023

What ends up happening is that banks lose more of the higher quality credits to regional and national banks and then get adversely selected for the riskier credits. The other ultra-competitive sector was owner-occupied lending backed by real estate to medical professionals. The result is a credit-skewed portfolio to the negative.

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Lending Community Bank Community Data 195

PYMNTS

NOVEMBER 17, 2020

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes.

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Fintech Alabama Lending Software 247

PYMNTS

AUGUST 12, 2016

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. In the U.K.,

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Lending Comparison Industry Innovation 100

PYMNTS

MAY 10, 2016

The only way to predict what the emerging payments trends are for today is to seek out the one group of people who has the power to control the entire market: consumers. But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. 19 percent; Germany, 66 percent.

Regional 100

Regional Payments Study Cards 100

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6 Here’s how four community banks are thriving in this environment.

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Texas San Antonio Community Bank Community 182

PYMNTS

JANUARY 7, 2020

The license bid is “an opportunity for us to impact an underserved segment,” said Mi Li, ADVANCE.AI’s chief marketing officer. Research companies predict for the digital lending market in Southeast Asia to more than quadruple to $110 billion in the next five years. Winners will be announced in mid-2020.

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Digital Banking Capital Leadership Fintech 131

PYMNTS

DECEMBER 7, 2020

operations to PNC Bank , creating the fifth-largest regional player in the U.S. No matter the size of the bank or the regional focus, there’s a general realization that disruption is on the horizon. People are revaluating their footprints and rebalancing their retail footprints,” he told Webster. “In Gearing Up For Disruption.

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Google Examples Regional Lending 282

ABA Community Banking

JANUARY 8, 2020

Regions Bank exemplifies the latter mindset. The post Podcast: A Continuous Cycle of Tech Investment at Regions Bank appeared first on ABA Banking Journal.

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Regional Innovation Technology Customer Experience 52

FirstInternet

FEBRUARY 24, 2021

Here are some critical questions that borrowers should ask of potential lending partners, and details they should know about the process: 1. Are you an expert in my market? This will help you get to the closing table faster than with larger out-of-market lenders. What are the fees associated with Commercial Lending?

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Lending Community Training Taxes 52

PYMNTS

FEBRUARY 13, 2020

Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Peer-to-peer (P2P), he said, is about $20 trillion, and encompasses remittances. In the U.S.

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Payments Regional America Cards 163

PYMNTS

AUGUST 17, 2020

PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Twenty-eight percent of PREIT’s portfolio consists of local and regional tenants.

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Philadelphia Regional United States Community 164

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The conference was well attended, with broad representation from all institution sizes and markets. Presentations focused on targeted marketing for “moneyhawks” , new P2P models (e.g. P2P lending), and new payment schemes.

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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.

Community Bank 195

Community Bank Capital Lending Training 195

Abrigo

NOVEMBER 1, 2019

For example, no matter what anybody said about rates and the economy in 2015, it was still incredibly cheap to borrow money, whether from depositors or from wholesale markets. This demand for retail deposits is keeping deposit rates higher than they typically stay when wholesale rates start to drop. The first is loan mix.

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Lending Examples Marketing Retail 150

PYMNTS

OCTOBER 8, 2018

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. community banks and small business lending.

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United States Regulation cryptocurrency Cleveland 174

PYMNTS

AUGUST 11, 2017

The Great Recession had a crippling effect on credit markets across the board. According to a report by the country’s 12 regional Federal Reserve banks, over half of all startups report difficulty in securing loans, and 81 percent report having had to dip into their personal funds to cover gaps in their corporate cash flow.

Lending 117

Lending Capital Video Online 117

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Business lending and corporate cards. Stripe is ramping up its private market investments. Expansion into emerging markets.

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Online Company Retail Payments 98

PYMNTS

SEPTEMBER 24, 2020

In the great digital shift , the mobile device is the point of sale — especially in Asia’s fast-growing markets. But as merchants and issuers look to enter new markets, including the Asia Pacific region (APAC), they must be mindful of the challenges posed by fraudsters. But speed bumps loom, too.

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Mobile Management Fraud Training 245

PYMNTS

AUGUST 25, 2019

Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories. Look Who’s Charging Founder Stuart Grover added: “We are extremely excited to combine the technology and data we have built to support the Australian banks with Experian’s market-leading open data technology.

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Data Fintech Lending Regional 109

PYMNTS

SEPTEMBER 7, 2018

The bank aims to focus on small business (SMB) and consumer lending, as well as digital financial services for its customers. The emergence of challenger banks in Greece signals a strengthening market for the country, the company said. billion by 2022. billion by 2022.

Lending 123

Lending Customer Experience Regional Survey 123

Abrigo

JULY 14, 2023

For example, say your management and board’s strategy for the upcoming year is to grow the CRE loan portfolio by 10%, and the institution needs to consider expanding into new markets to achieve this goal. Where are the majority of your borrowers and collateral located, and where should the institution concentrate its marketing efforts?

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Strategy Data Analytics Analysis 195

PYMNTS

DECEMBER 9, 2020

Clearly there's regional saturation, which leads to consolidation.”. These are $100 billion market cap companies that are sitting in the middle of the payments supply chain.”. That suddenly opened up the market for FinTechs to offer targeted slivers of traditional banks’ financial services, like loan underwriting or debit accounts.

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Innovation Fintech Payments Regulation 306

PYMNTS

NOVEMBER 22, 2019

The fund has also invested in delivery company Rappi, lending outfit Creditas and tech company QuintoAndar. Brands and retailers want reliability and the ability to test their own innovations. Brands and retailers want reliability and the ability to test their own innovations. VTEX offers both, filling a gap in the market.

Software 108

Software America Regional Tools 108

Abrigo

DECEMBER 19, 2019

Looking to mergers and acquisitions, institutions can expand into new areas of business or geographic markets. In 2020, we will likely see financial institutions putting more emphasis on automating time-consuming, manual processes that bog down lending decisions. Lending & Credit Risk. Learn More. Fraud Prevention.

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Lending Fraud Community FDIC 195

PYMNTS

FEBRUARY 11, 2019

“It is our strategic direction to enhance our digital technology capability, to deliver a better customer experience,” said Thanachart Bank EVP of Retail and Small Business Banking Anuwat Luengtawekul in a statement. Beehive first launched in 2015 in the United Arab Emirates (UAE) to link SMBs to its marketplace lending solution.

Fintech 109

Fintech Tools Customer Experience Regional 109

Gonzobanker

APRIL 14, 2015

Looking around online, the closest competing offers I found were $300 from a couple of regional banks, but none from community banks or credit unions. Welcome to new marketing muscle. Who cares how many years a bank has been gathering and lending money? Digital marketing is now established more than just emerging.

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Marketing Community Bank Branding Community 60

PYMNTS

OCTOBER 4, 2019

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based million in the B2B eCommerce startup, MENAbytes reports said. SaaSOptics.

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Capital Lending California Regional 128

PYMNTS

SEPTEMBER 27, 2019

The app has proved effective, especially among retailers where consumers can scan items in the store and get details on inventory and offers. This last point shows that the omnichannel retail experience can be a boon for in-store, physical shopping (and thus, depending on how you look at it, brick-and-mortar need not be dead).

Regional 116

Regional Exercises Retail America 116

PYMNTS

JUNE 8, 2018

It may no longer be the case that cash is king on a global stage but, in some markets (particularly developing markets, like India), it’s still doing quite well — as consumers are spending trillions of dollars’ worth of it a year. trillion : Consumer cash spend in the Asia-Pacific Region in 2016.

ATM 108

ATM Regional Branding Lending 108

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Incumbents are not standing still and are acting to protect their market share. Market Map: The Startups Disrupting Retail & Commercial Banking.

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Retail Cards Millennials Mobile 78

South State Correspondent

APRIL 27, 2022

Consider a regional bank with a “digital transformation initiative” that rolled out its new “digital user experience” for its retail customers in 2020. The total experience is the product, the user’s journey with the product, the marketing/branding, and the interaction between the users and support staff.

Customer Experience 195

Customer Experience eBook User Experience Policies 195

PYMNTS

APRIL 2, 2018

The financial institution currently targets the Caribbean with its banking services and, according to analysts, its financials remain strong despite natural disasters in the region. In February, alternative lending company TruFin, based in the U.K., Not all recent market floats have been successful, however.

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US Capital Regional Analysis 112

PYMNTS

AUGUST 13, 2018

David Chubak, head of global retail banking and mortgage, will be in charge of the global-branded cards and the consumer lending business, reported CNBC. While Chuback said Citigroup could open branches over time in regions where it will help boost its wealth business, it currently isn’t planning to expand its physical locations.

Cards 108

Cards Branding Regional Digital Banking 108

PYMNTS

APRIL 23, 2018

Disintermediating the established intermediaries has become something of an art form in payments and retail these days. Physical retail is being disintermediated by a host of new players using digital technologies and data that further erode their relevance. Take retail. Disruptors Being Disrupted.

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Retail Maine Lending Software 117