PYMNTS

AUGUST 29, 2018

Representative Emanuel Cleaver II (D-MO) has published the initial findings of a probe into the alternative small business lending market in an effort to explore borrower protections, fairness and the possible need for greater regulatory oversight. According to the report, the practice is “exploitative” and “largely unnecessary.”.

Lending 109

Lending social media Report Data 109

CFPB Monitor

FEBRUARY 23, 2021

The New York Department of Financial Services (DFS) recently announced that it has entered into an agreement with Hunt Mortgage , a licensed mortgage banker, to address the DFS’s findings that there was a “demonstrable lack of lending to minorities and in majority-minority neighborhoods in Western and Central New York by Hunt Mortgage.”

New York 78

New York Lending Report Policies 78

Bank Innovation

JUNE 6, 2016

Two months in, Lenny – millennial-focused mobile lending app – is ready to hit the market with new budgeting and billpay products. Launched mid-March, Lenny’s goal is to help millennials build credit scores while still in school, with loans up to $10,000 and 0% interest (if paid on time). So far, Read More.

Lending 150

Lending Millennials Mobile Marketing 150

PYMNTS

NOVEMBER 25, 2016

Harris Poll and CIT Group, a provider of commercial lending and leasing services, recently released the results of a survey they conducted on how middle-market retailers felt about their sector’s financial health. This was followed by social media presence and digital marketing, with 57 percent and 50 percent, respectively.

Retail 100

Retail Marketing social media Online 100

Bank Innovation

JANUARY 28, 2019

BMO Harris Bank did itself a favor by being responsive to questions and criticism on social media from customers locked out of their digital accounts with the bank this past week, according to Adrenaline, an experience design company.

social media 186

social media Chicago Mobile Company 186

PYMNTS

MARCH 13, 2017

According to Office Depot senior director of contract marketing, Christine Nessen, “SMBs should strongly consider transitioning to tax software.”. sought external financing in 2016 , suggesting these firms simply aren’t interested in lending technologies or accessing, for instance, a loan from an alternative finance provider.

Financial Technology 127

Financial Technology Technology social media Taxes 127

Abrigo

MARCH 6, 2017

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. His recent research reports have covered SMB lending, alternative lenders and automating commercial lending.

social media 150

social media Lending Community Community Bank 150

CB Insights

JUNE 17, 2021

Eager to turn the ongoing fintech boom into an advantage, big tech companies (Facebook, Apple, Google, Amazon) have been taking a number of strategic steps to grow their market share in financial services. How big tech’s product strategies differ across banking, payments, lending, and e-commerce. get the full report.

Google 100

Google Apple Fintech Report 100

Gonzobanker

AUGUST 17, 2022

Thankfully, there was still a smartphone and social media to commiserate. Lending Tech With Almost Steady Grades (Even With Rough Semesters). Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

Fintech 195

Fintech Lending Software Compliance 195

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. The article also highlights steering concerns that may result from targeted marketing.

Lending 130

Lending social media Compliance Regulation 130

PYMNTS

JUNE 17, 2019

There’s even talk that some employees of the social media giant will be able to get their salaries in the new cryptocurrency. Facebook will probably release a white paper on June 18 with an explanation of the social media giant’s plans for its crypto, or token.

Bitcoin 136

Bitcoin social media cryptocurrency Study 136

PYMNTS

APRIL 2, 2020

Big Data analytics reached a market valuation of $29.87 Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations. One of the most powerful tools in the financial sector is data analytics.

Analytics 237

Analytics Data Big Data social media 237

Abrigo

DECEMBER 17, 2019

Both established markets and emerging vendors on the Dark Web have been actively promoting fresh inventory and steep discounts for holiday sales, including Black Friday and Cyber Monday. Another popular category in the underground is account markets. Lending & Credit Risk. Learn More. Fraud Prevention. Learn More.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

MAY 31, 2016

Bank Corp execs we spoke to admitted to cracking an amused smile or two during the first few rounds of Lending Club headlines, by the end of the week they were actually a bit more worried than amused. While both of the two U.S. And the problem is, it isn’t clear if they can do that yet. This brings both good news and bad news.

Lending 100

Lending Online social media America 100

Bussman Advisory

DECEMBER 3, 2022

The post BlackRock CEO says ‘next generation for markets’ is tokenization| Porsche unveils plans for 911 NFT| IBM, Maersk shutter shipping blockchain TradeLens appeared first on Bussmann Advisory AG. Porsche unveils plans for 911 NFT collection in web3 push. Contact us at info@bussmannadvisory.com for more details.

blockchain 52

blockchain social media Marketing Fintech 52

PYMNTS

OCTOBER 16, 2019

The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

social media 110

social media Online Groups Community 110

Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

Fintech 287

Fintech Marketing Cards Management 287

South State Correspondent

MARCH 23, 2022

In 2021, Nubank spent around 4% of revenue, according to their financials, in marketing which is materially below the 7% target for most banks. Instead of marketing, the Bank strategically focuses on two areas – product development and customer service. Xpeers are customer support help reachable by phone, chat, social media, or email.

Branding 221

Branding social media Strategy Data 221

South State Correspondent

APRIL 23, 2023

Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run. Consider the following in the banking industry: Banks lend on fair value today, not on the historical cost of the collateral.

Management 195

Management Security Risk Management social media 195

Perficient

OCTOBER 7, 2020

The delays that have been erased because of Covid-19 will lend themselves to fully virtual trials in the future. Once we reach that point, marketing becomes more about the performance of a healthcare system and what it can do for a patient specifically, rather than generic brand messages.

Cleveland 309

Cleveland social media System Tools 309

CFPB Monitor

SEPTEMBER 14, 2020

The report discusses the Bureau’s examinations in the areas of consumer reporting, debt collection, deposits, fair lending, mortgage servicing, and payday lending that were completed between September 2019 and December 2019. Fair lending. Payday lending. Key findings are described below. Consumer reporting.

Lending 78

Lending Report Regulation Exercises 78

PYMNTS

FEBRUARY 2, 2021

Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov. We’re growing a market of people who have never bet before in Tennessee.”. We’re bringing sports gambling out of the shadows,” she said. Next Steps.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

APRIL 22, 2020

GPay , a member company of the Vietnam investment firm G-Group , joins a tight FinTech market in Vietnam with 33 other firms licensed for intermediary payment services. The G-Group ecosystem includes Vietnam’s social media network Gapo and P2P lending platform Tima.

Payments 154

Payments social media Groups Taxes 154

Abrigo

MAY 5, 2022

or largely focused on the domestic banking market. In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Lending & Credit Risk. Check them all out in our Knowledge Center.

Community 195

Community Lending Maine Resources 195

Bussman Advisory

SEPTEMBER 3, 2022

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 40’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: UBS scraps $1.4

Apple 52

Apple US social media Marketing 52

PYMNTS

MAY 31, 2019

PayPal Hits $10B SMB Lending Milestone. Gig, public utility and eCommerce companies are all focusing on payment innovations to remain competitive in increasingly saturated markets, experimenting with new tools, technologies and digital channels to engage with and retain users on their platforms. Fun, Cool or Otherwise Interesting.

Lending 122

Lending Payments Apple social media 122

PYMNTS

MARCH 10, 2020

In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge. In Southeast Asian markets, banks’ lack of adequate data on SMB loan applicants is perhaps the tallest barrier to connecting SMBs to capital in the region.

Data 193

Data Lending Capital social media 193

PYMNTS

SEPTEMBER 25, 2020

However, in PYMNTS’ own coverage, the twin external forces of market pressures and regulatory scrutiny are making financial institutions (FIs) retool and bolster their anti-money laundering (AML) efforts. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

APRIL 29, 2020

WhatsApp in India is considering a move into credit and lending so it can extend loans to users in the country, according to a report in The Next Web on Wednesday (April 29). Facebook considers India to be one of its biggest markets and “reaffirmed” its commitment to India earlier in April, said. The social media giant invested $5.7

social media 130

social media Google Lending Industry 130

PYMNTS

MAY 8, 2018

Given that the average American checks his Facebook page some 14 times a day, the social media giant’s decision to expand into online dating is less than shocking. 20,000: The enrollment goal for the Jaza Duka (“fill up your store”) lending platform by the end of the year. 50 percent: Apple’s share of the smartwatch market.

social media 100

social media Apple Lending Online 100

PYMNTS

JANUARY 13, 2017

And in the lending process, data can mean the difference between good risk and bad. As such, he said, value lies in the ability to work with both structured and unstructured data to help speed time to lending — in this case, a matter of seconds versus the several-week timeframes that are the hallmark of the traditional lending process.

Lending 100

Lending social media Data Analytics 100

South State Correspondent

MARCH 13, 2023

at the end of 2022, and the bank’s filing shows that the mark-to-market loss on the HTM portfolio was over $15B, almost equal to the bank’s equity base, thereby, making the bank economically insolvent. The longer the duration in the investment portfolio, the shorter the duration should be on the lending portfolio.

Risk Management 221

Risk Management Management Community Bank Community 221

PYMNTS

JANUARY 18, 2017

These new tools, powered by artificial intelligence, greater integration with social media platforms and a digital-first approach to lending, are giving smaller financial institutions more weapons to battle their big banking competition. Technological innovations are also bringing changes to the lending market.

Data 100

Data social media Report Community Bank 100

PYMNTS

OCTOBER 8, 2018

As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. community banks and small business lending. As has been reported, the U.S.

United States 174

United States Regulation cryptocurrency Cleveland 174

The Financial Brand

MAY 3, 2021

Demand is soaring but so is competition, making digital marketing tools and capabilities – including mobile, chat and social – essential. The post 5 Digital Strategies to Boost Mortgage Lending in a Red Hot Market appeared first on The Financial Brand.

Digital Strategies 17

Digital Strategies Strategy Lending Marketing 17

CFPB Monitor

FEBRUARY 11, 2021

The publication of Mr. Uejio’s statement to CEEA follows the publication of his statements to the Bureau’s Division of Supervision, Enforcement, and Fair Lending and Division of Research, Markets, and Regulations. Expand the Bureau’s social media presence.

Company 148

Company Report social media Community 148

FICO

FEBRUARY 27, 2023

Nikhil Behl Vice President of Worldwide Marketing for FICO. You can read more about our judges in this blog post. Nikhil has over 15 years of e-commerce and technology experience and has worked at large established tech companies such as Hewlett Packard as well as numerous Silicon Valley startups.

Meeting 98

Meeting social media Management Analytics 98