South State Correspondent

SEPTEMBER 20, 2022

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

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Bank Innovation

FEBRUARY 27, 2020

customer numbers have outperformed other markets. […]. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered. This is the first time since the company’s 2014 launch that its U.S.

Marketing 195

Marketing US Retail Customer Experience 195

PYMNTS

MARCH 19, 2020

The regulators also let banks know their position on using reserves and buffers during times of stress in the market, and whether that would lead to future penalizations. Regulators, for their part, said they want to encourage lending. Also, it said that the lending would help a bank’s Community Reinvestment Act (CRA) score.

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PYMNTS

OCTOBER 15, 2018

India-based PayMate is expanding its offering beyond B2B payment services as it steps into the small business (SMB) lending market. The move is part of PayMate’s expansion strategy after collecting credit data of its small business customers already using its platform. Reports in The Hindu BusinessLine on Friday (Oct.

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Lending Marketing Payments Strategy 123

PYMNTS

JANUARY 6, 2021

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We

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Lending Fintech Data Comparison 323

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

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Lending Community St. Louis Community Bank 158

PYMNTS

APRIL 12, 2019

Nonbank lending – also known as “ shadow banking ” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks. A sharp rise in rates would impose sizable mark-to-market losses and diminish fund returns,” DBRS explained. “In

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Lending US Comparison Regulation 123

Bank Innovation

NOVEMBER 22, 2016

The story is that the founder of Lending Club, Renaud Leplanche, who was ousted in a scandal in May was creating a new venture to compete with Lending Club called Credify. This story broke on Wednesday 15 November. Headlines talked about 2nd Act or Comeback. The story came out in Read More.

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Lending US Marketing 150

Bank Innovation

MARCH 6, 2020

We have seen considerable growth in the [German] market,” said Oliver Schmid, general manager of Iwoca. What sets us apart from banks is we built the system from scratch geared […].

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Lending US System Management 300

PYMNTS

JANUARY 17, 2021

With the facility, Figure will work on fueling mortgage lending growth, which shot up nearly 50 percent month over month in the fourth quarter. Morgan will help us continue to innovate in the lending space,” said Mike Cagney , CEO and co-founder of Figure, according to the release. “We This facility with J.P.

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Lending blockchain National Payments 199

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. In markets like the U.K.

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Lending Community Bank US Community 152

PYMNTS

MARCH 13, 2019

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C To us, this is so much more than building branches. area, Philadelphia and Boston. Chase plans to open 90 new branches and hire 700 employees by the end of 2018.

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St. Louis US South Carolina North Carolina 145

South State Correspondent

FEBRUARY 27, 2022

At SouthState, we use a program called ARC (Assumable Rate Conversion) that allows borrowers to pay a fixed rate of interest for as long as 20 years, but the bank retains a floating rate asset. Current Risk in Term Lending. The post Our ARC Lending Tactic For Quality Loan Growth appeared first on SouthState Correspondent Division.

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Lending Community Bank Community Meeting 195

South State Correspondent

JULY 17, 2022

The swap rate is determined by the markets’ expectation of where short-term rates will be over the swap’s life. A similar concept applies in the Treasury market – the yield on the 10-year Treasury is the markets’ average expectation of the yield on the next 40 consecutive three-month Treasury Bill yields.

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Lending Marketing Examples Policies 195

PYMNTS

OCTOBER 27, 2019

lending division in recent months, with a focus on its agriculture and energy teams, Reuters reported. The company’s agricultural lending division, which gives loans to farmers, was cut by at least 25 percent, while the bank also laid off about 7 percent of the staff from its energy lending group over the summer. billion, or 15.3

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Lending South Dakota North Dakota Wyoming 103

PYMNTS

FEBRUARY 16, 2018

Amid the talk of filling in the small business (SMB) financing gap banks have left since the financial crisis, the rush of FinTechs, alternative and marketplace lenders coming to market may have left another business segment behind: the middle market, particularly the lower middle market.

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Lending Marketing Analytics Capital 101

PYMNTS

OCTOBER 20, 2020

Zest AI , which is developing software that it claims will help wring the bias out of lending, just got a multimillion-dollar vote of confidence. Zest contends that its fair lending software can significantly boost loan approvals while also reducing the level of risk. Zest on Tuesday (Oct.

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Software Lending Los Angeles Apple 130

Bank Innovation

MAY 18, 2016

In the US alone, the unfulfilled small business lending market was estimated to have reached $96.5 That’s a lot of lending mouths going hungry, but also a big pie up for grabs by those smart enough to work out how to actually lend to Read More. billion in Q4 of 2015.

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Lending Fintech US How To 170

Abrigo

DECEMBER 14, 2023

Here are some sample questions: What specific insights do you have for the next year in our market? What specific technologies would you like to see us pursue for a better customer experience? What specific lines of business are we not offering that would make us more competitive with our peers? Where are you now?

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Lending Risk Management Meeting Survey 221

Bank Innovation

MARCH 6, 2020

We have seen considerable growth in the [German] market,” said Oliver Schmid, general manager of Iwoca Germany. What sets us apart from banks is we built the system from scratch […].

Lending 221

Lending US System Management 221

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. The post Finastra appoints Isabel Fernandez to accelerate lending business growth appeared first on Bobsguide. I’m looking forward to getting stuck in.”. Paddington.

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Lending Leadership Community Software 109

PYMNTS

APRIL 24, 2017

Small business lending activity across the globe is in flux. China saw a whopping 17 percent increase in small business lending in Q1, while U.S. We break down the latest on SME lending in these key markets. We break down the latest on SME lending in these key markets. A dip of 1.1

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Lending US Capital Community 100

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. Small business lending company Simply Asset Finance recently announced that it has completed its first funding deal using Open Banking.

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Lending Taxes Fintech Data 217

PYMNTS

DECEMBER 5, 2019

Blockchain lending firm Figure Technologies announced that it has closed a $103 million series C funding round led by Morgan Creek Digital. Davies as head of Lending, Tony Morosini as vice president of Banking and Payments, and Tina McNulty as chief communications officer. MUFG Innovation Partners Co., and abroad.”.

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Lending blockchain Technology Resources 130

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

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Lending Resources Capital Technology 150

Abrigo

MAY 11, 2020

When the program opened on April 3, hopeful borrowers flocked to their banks and credit unions – figuratively speaking – to apply for a loan, only to find that their financial institution was only going to lend to customers with a certain level of relationship. Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

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US Lending Community Technology 195

PYMNTS

SEPTEMBER 21, 2020

22), and his prepared comments, seen by FT, show that he plans to defend the Fed against criticism that it hasn't done enough to help small- to medium-sized businesses (SMBs) as compared to its efforts for financial markets. The Fed, he says, has "lending powers," while Congress has "spending powers.".

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US Lending Maine Survey 176

PYMNTS

AUGUST 15, 2019

He added that jumping into more traditional lending “can get us a good way to profitability, if not even all the way.”. The eBank joins smaller rival Starling Bank on the lending front, becoming the second online bank in the U.K. banking market through a partnership with Ohio-based Sutton Bank. to offer personal loans.

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Lending Los Angeles Digital Banking San Francisco 161

PYMNTS

JANUARY 10, 2020

has announced a takeover that will position the company to strengthen its financing operations in the middle market. 10) said Aflac Global Investments has reached an agreement to acquire a minority stake in Varagon Capital Partners, a direct lender to mid-market companies. A report in Zacks Equity Research Friday (Jan.

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Marketing Capital Lending Management 130

PYMNTS

JANUARY 10, 2020

has announced a takeover that will position the company to strengthen its financing operations in the middle market. 10) said that Aflac Global Investments has reached an agreement to acquire a minority stake in Varagon Capital Partners, a direct lender to mid-market companies. A report in Zacks Equity Research on Friday (Jan.

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Marketing Capital Lending Management 130

PYMNTS

FEBRUARY 28, 2020

The hearing, according to the Committee on Small Business’ website , “will explore how innovators and entrepreneurs are using blockchain technology to help small businesses boost productivity, increase security, open new markets and change the way business is done.”

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blockchain US Innovation Lending 249

Bobsguide

JULY 7, 2022

Lake Mary, FL, US – June 30, 2022 – Finastra today unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS). For merchants, the BaaS platform provides access to numerous lenders and their specific products.

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Lending Seattle Regulation US 68

PYMNTS

DECEMBER 14, 2018

and China, analysts are finding a shift among global supply chains away from the Chinese market, to the benefit of markets that traditionally don’t see much trade volume. The company plans to produce as much as half of its goods currently affected by China trade tariffs outside the market, according to reports.

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Marketing US Trends Conference 115

PYMNTS

NOVEMBER 15, 2020

The acquisition could have the effect of boosting PNC's presence in the southeast and west where the markets are growing quickly, according to WSJ. Morgan Chase and Bank of America , which have been bringing in deposits through digital apps, marketing and nationwide branch networks, WSJ reported. according to WSJ.

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Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community bankers are increasingly recognizing that the future of digital lending is here. By Beth Mattson-Teig.

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Lending Community Bank Community North Dakota 91

PYMNTS

JUNE 16, 2020

monetary policy seems to ease by the day, enterprises of all sizes are tapping time and again into debt markets — potentially creating a corporate landscape littered with zombie firms. And Monday, the Fed announced plans to create a “broad, diversified market index” and purchase individual corporate bonds on the secondary markets.

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Company Marketing US Policies 130

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s no doubt about it: Alternative lending had a stellar week.

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