PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

Lending 129

Lending Analytics Data Security 129

PYMNTS

JANUARY 14, 2021

In Pakistan, for firms seeking to spur that adoption and to foster financial inclusion, it’s important to have a “cash in, cash out” mindset, as Erwan Gelebart, CEO of digital wallet, mobile payments and digital banking provider JazzCash , told Karen Webster in an interview. Apps — And Agents, Too .

Mobile 234

Mobile Payments Course Data 234

PYMNTS

JUNE 26, 2020

Many banks braced themselves for an oncoming surge in the number of consumers accessing their financial accounts online or via mobile banking apps, but safely and seamlessly providing that access remained tricky for many in the space. How N26 Is Using Cloud Core Banking for Nimble Mobile Innovation. customers in late May.

Meeting 227

Meeting Mobile Digital Banking Tools 227

PYMNTS

APRIL 10, 2019

With more consumers than ever interested in fulfilling all their financial needs on mobile, both legacy banks and FinTech firms are focusing on creating digital-only banking services, designed to catch and keep customers using their smartphones to bank. China isn’t the only nation where consumers have their pick of banking options, though.

Mobile 185

Mobile Digital Banking social media Strategy 185

PYMNTS

OCTOBER 9, 2020

In today’s top payments news around the world, cross-border payment platform dLocal has grown its network, while Mambu is joining forces with New Zealand digital lending platform Ranqx to enhance digital lending. Mambu, Ranqx Partner to Enhance SMB Digital Lending. Hackers Hit Mobile Money Payments Processor in Uganda.

Lending 100

Lending Payments Mobile National 100

PYMNTS

APRIL 10, 2017

Mobile SME loan applications. The latest analysis from Biz2Credit found that more small businesses are using a mobile device to apply for a loan, with more than half of those applications (55.8 percent) coming from a mobile device as of September 2016. Corporate payments fraud , marking 2016 as the year in which more U.S.

Fraud 100

Fraud Lending Mobile Payments 100

PYMNTS

SEPTEMBER 26, 2018

Bank has debuted its online lending portal for small business borrowers, the financial institution announced on Tuesday (Sept. Bank, which revealed its online lending platform for small businesses to access a loan or line of credit. The latest to do so is U.S. According to U.S.

Lending 128

Lending Online US Survey 128

PYMNTS

JUNE 24, 2016

India led the competition with the most funding rounds, as investors supported the nation’s efforts to develop the digitization and sophistication of more traditional business operations: eProcurement, eInvoicing, logistics and supply chain management. Alt-Lending. market struggles with investor doubt and regulatory scrutiny.

National 100

National Trends Lending Capital 100

PYMNTS

FEBRUARY 23, 2020

The company is championing a national digital framework in Australia that would speed up the processes used to verify customers. Payment company PayPal is looking at small business credit as a new field of opportunity.

Lending 226

Lending Fintech National Strategy 226

PYMNTS

JUNE 29, 2016

Venture capitalists continue to back the alternative lending startup community despite recent fallout from Lending Club and revelations the company’s then-CEO Renaud Laplanche allegedly falsified loan documents. Also on Tuesday, India alternative lending marketplace Lendingkart announced its own investment round.

Lending 101

Lending Capital Industry Fintech 101

PYMNTS

SEPTEMBER 10, 2018

Roughly 19 million college and university students are loading up their cars and heading back to campus for another school year, according to data from the National Center for Education Statistics. Others are looking to additional solutions to solve student lending problems. Student Loans Go Mobile.

Mobile 100

Mobile Arkansas ATM Tools 100

PYMNTS

AUGUST 8, 2017

When news of the financial crisis broke in 2008 and big banks all over the world were eschewing consumer and small business credit markets, Batine and Dunaev saw an opportunity — one that was particularly pressing in developing nations, an area of the world that was below the big banks’ radars.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Alternative Lending. India’s alternative lending industry scored yet another win this week with a nearly $25 million investment from Morgan Stanley Private Equity Asia. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

JANUARY 13, 2017

12) the national launch of a mobile payments bank, which, according to a report , is India’s first one. The report noted the new bank upstarts can’t lend money. Airtel did a soft launch of its mobile payments bank in November in the state of Rajasthan. The report noted Paytm will launch its own mobile bank in February.

Mobile 100

Mobile Payments ATM Lending 100

PYMNTS

SEPTEMBER 11, 2019

Make that leather wallet a mobile one, wielded on smartphones. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. In addition, passporting can help companies expand services across nations. Kill the check. Shutter the branch. The age of personalized service is upon us.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending. MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

FEBRUARY 17, 2020

BankFinancial Equipment Finance will also continue its corporate leasing, lending, deposit and treasury management services to independent equipment lessors nationwide. Instant payments, digital commerce and banking across mobile devices are all gaining ground no matter where you look, geographically speaking. BankFinancial Corp.

Illinois 131

Illinois Lending National Conference 131

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 EZBob operates the Everline and EZBob online small business lending platforms, and CEO Tomer Guriel said in a statement that the funding “is proof of our game-changing technology and unique approach to business lending.”

Lending 100

Lending Capital Google Security 100

PYMNTS

NOVEMBER 14, 2018

But the speed at which some things have already made the switchover – payments and lending spring to mind – is impressive. 77 percent: Share of mobile debit payments made via Apple Pay. 60: Approximate number of nations that, as of November 2018, were pursuing a digital identity plan.

Data 151

Data Apple Lending National 151

PYMNTS

DECEMBER 17, 2018

The Federal Reserve began raising interest rates about three years ago from almost zero, and after the financial crisis, many small and regional banks ramped up their lending with long-term and low-rate loans. The Southern National Bancorp of Virginia is now shelling out 2.25

Virginia 144

Virginia Lending New York National 144

PYMNTS

AUGUST 7, 2018

Visa is expanding its presence with small businesses in Kenya through a new partnership with alternative lender Branch International, a mobile small business lender. Visa’s tie-up with an alternative SMB lender in Kenya comes as local regulators explore the mobile lending space.

Lending 100

Lending Mobile Regulation Fintech 100

Gonzobanker

JUNE 18, 2018

We all figured it would happen sooner or later, and now it has – by Thoma Bravo , which, as part of the deal, merged MeridianLink with CRIF Lending Solutions’ ACTion, Synergy and Achieve divisions. CRIF Lending has been a solid competitor in the consumer LOS space. The post Thoma Bravo acquires MeridianLink/CRIF Lending.

Lending 60

Lending Leadership Community Bank System 60

PYMNTS

JANUARY 15, 2018

The government recently introduced measures aimed at controlling more risk and leverage in China’s financial system, looking closely at shadow banking, lending procedures and other finance practices. President Xi Jinping has also said the country’s financial security is vital to national security. trillion yuan by 2020.

Lending 108

Lending Regulation National Security 108

PYMNTS

JUNE 18, 2018

Biz2Credit’s latest Small Business Lending Index found that loan approval rates at alternative lenders stagnated – and at credit unions, they actually fell. Thirty-four years have passed since SMB optimism was this high , according to the National Federation of Independent Business (NFIB). But the story doesn’t end there.

Lending 112

Lending Community Bank Regional Community 112

PYMNTS

SEPTEMBER 7, 2020

The Australian Services and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, who was the Australian national representative for crypto platform BitConnect, from engaging in financial services for the next seven years after he was found to be engaging in deceptive practices, a report from Financial Standard finds.

Bitcoin 132

Bitcoin Fraud Payments cryptocurrency 132

PYMNTS

SEPTEMBER 26, 2019

That’s according to PYMNTS’ latest Credit Union Tracker , which pointed to consumers’ rising demands for mobile-friendly platforms and faster payments services. This month’s Credit Union Tracker also highlighted the recent issuance of new guidance from the National Credit Union Administration to service legal hemp farmers in the U.S.

Lending 108

Lending Community Bank Community Fintech 108

PYMNTS

FEBRUARY 20, 2020

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial Times on Thursday (Feb. The reduction was expected following the country’s central bank’s lowering of its medium-term lending rate earlier this week.

Lending 130

Lending Course National Strategy 130

PYMNTS

OCTOBER 4, 2019

According to Cellulant, Tingg will be the new hub for all of the digital financial services it offers to consumers, including bill payments, remittances, lending, group investments, food and gas orders – all housed in one app that will be live across eight Africa markets.

Marketing 132

Marketing Mobile Payments Lending 132

PYMNTS

OCTOBER 30, 2018

Finlok, according to its co-founders, is a mobile-first financial platform designed to let early-career Indian adults – those making between ?10,000 In addition, India is a very young nation, demographically speaking: Half the population is under the age of 25, and 65 percent is under the age of 35. percent of the nation’s 512.26

National 122

National Fintech Mobile Lending 122

PYMNTS

DECEMBER 11, 2020

Consumers were flocking to digital and mobile banking well before the pandemic’s onset, but social distancing and limited branch operations highly accelerated that uptake. FIs must still be sure to keep that consistency of brand in mind when they are developing mobile apps or other emerging tools, however.

Groups 169

Groups Mobile Tools Branding 169

PYMNTS

JANUARY 8, 2019

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China. percent year on year in 2019.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

JUNE 7, 2016

With an eye on what could be called a true greenfield opportunity, alternative lending platform Biz2Credit is launching its small business lending products in India. One of the key challenges is, of course, that financial data is not necessarily collected or easily accessible.

Online 100

Online Lending Course Risk Management 100

PYMNTS

DECEMBER 2, 2019

The chosen tech company must have at least two years of experience and a “proven track record of developing and launching mobile applications.”. Just last week, India’s Minister of state for electronics and IT (MeitY) announced that the government is drafting a national framework to expand the deployment of blockchain use cases.

blockchain 132

blockchain System Cyber Security Technology 132

PYMNTS

MARCH 9, 2020

PYMNTS fielded a study to a national panel of 1,062 U.S. Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. consumers during the last week of February 2020. Seven percent (7.4) of consumers report that their primary bank is a digital-only bank (4.2

How To 232

How To Millennials ATM Fintech 232

PYMNTS

JULY 15, 2016

In Seacoast’s case, the Florida bank works with Fidelity National Information Services (FIS). Today, however, SMEs have the expectation of solutions like online banking platforms, online resources for loan applications, better customer service and mobile tools , like remote deposit capture. “They expect that today.

Community Bank 100

Community Bank Community Lending Florida 100

South State Correspondent

JANUARY 4, 2023

Projects of this scope could include – moving to a real-time core system, digitizing loan production, expanding mobile account opening, or consolidating business process platforms to a Salesforce, Service Now, Workday, or similar. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. Yeah, that was a mistake.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

OCTOBER 10, 2019

As the October Digital Identity Tracker explores, the small business (SMB) lending and financial services industries have begun to dip their toes into more sophisticated identity validation tools. Yet, as small business financial management company Nav told PYMNTS in the Tracker, KBA still reigns supreme.

Strategy 124

Strategy Lending Knowledge Base Tools 124