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

JULY 15, 2020

MoneyLion , the New York-based mobile bank, announced the launch of RoarMoneySM, a demand deposit account powered by MetaBank N.A. RoarMoney promises faster access to customer funds and secure contactless payment options. with Mastercard as its exclusive card network.

Mobile 175

Mobile New York Tools Digital Banking 175

PYMNTS

AUGUST 11, 2020

But there was no less friction associated with consumers making payments for essential services — mobile top-ups, bill payments, everyday purchases, Teijeiro told Webster, and very cash-based. Teijeiro said finding a digital solution for mobile top-offs was mostly an open field when RecargaPay got into the game a decade ago.

Mobile 209

Mobile Payments System Cards 209

PYMNTS

NOVEMBER 13, 2020

has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans to venture capital-backed companies. . We are excited to support Getaround as they progress toward becoming a global leader in mobility.". It currently operates in some 300 U.S.

Security 168

Security Capital Mobile Technology 168

PYMNTS

JANUARY 14, 2021

There is no shortage of digital-only banks offering a smoother onboarding process, a slick mobile interface and fee waivers in an effort to tempt consumers to leave their traditional bank. 14) that it is jumping into the world of mobile banking with the launch of a debit rewards product somewhat eye-catching. “We

Mobile 178

Mobile Cards Security Lending 178

PYMNTS

MARCH 8, 2019

challenger Starling Bank is moving forward with plans to introduce business lending services, reports in Specialist Banking said this week, with the bank revealing new details about its strategy. “We don’t think we’re going to automate every lending decision,” said Doignie.

Lending 118

Lending Strategy Capital Groups 118

PYMNTS

NOVEMBER 1, 2019

Merchants and disbursements providers need to innovate quickly to stand up against their competitors, many of which are smaller FinTechs or startups that can capitalize on the host of customers that near-exclusively transact and receive money through digital and mobile devices. Instant Loans And The Speed And Security Balancing Act.

Lending 112

Lending Trends Payments Mobile 112

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. 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. Illustration by Out of the box/Stocksy. By Beth Mattson-Teig.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. The company said its loans, which are between $10 and $500, are dispersed to a mobile wallet or via a payment method of the customer’s choice. “At 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

Bank Innovation

MARCH 16, 2016

Lenny is meant for mobile (of course) and launched today in California. Millennials hate credit — but a new service called Lenny is out to change that. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More.

Millennials 150

Millennials Mobile Florida Lending 150

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

OCTOBER 4, 2019

The PYMNTS September Credit Union Tracker pointed to the growing pressure for credit unions to respond to their members’ rising demands for mobile-friendly platforms, faster payment services and other modern financial products. “With bigger banks, some of them have more software engineers than Google,” he said. In the U.S.,

Lending 152

Lending Community Bank US Community 152

PYMNTS

APRIL 25, 2019

Consumer dependence on smartphones is often derided as a distraction, but they have also become a vital mobile shopping and buying tool – whether in-store or from a living room sofa. Consumers shop everywhere at anytime, and no two mobile users have the same behavior. percent) had the lowest influence on mobile purchases.

Study 165

Study Mobile Payments Cards 165

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

MAY 8, 2020

But the biggest round of the week went to a challenger bank, which also secured unicorn status with its latest funding. Targeting freelancers and self-employed professionals, Countingup offers a mobile-first banking solution that merges accounting and banking. Hub Security.

Security 160

Security Fintech Capital Software 160

PYMNTS

MARCH 29, 2018

Analysis of borrowing behavior among small businesses suggests SMB borrowers are increasingly turning to mobile devices to access funding, according to new data from Kabbage. The value of financing accessed via mobile device increased during that time too, by more than 1,220 percent, Kabbage said. Lending is no different.”.

Mobile 101

Mobile Lending Meeting Analysis 101

PYMNTS

SEPTEMBER 24, 2020

In the great digital shift , the mobile device is the point of sale — especially in Asia’s fast-growing markets. The conversation came against a backdrop where online transaction volumes and mobile wallet adoption are increasing. Donlea noted that mobile wallets are designed for consumer and brand loyalty.

Mobile 245

Mobile Management Fraud Training 245

Bank Innovation

MAY 9, 2018

New takes on lending and underwriting dominated the opening day of demos at FinovateSpring 2018 here yesterday. SANTA CLARA, Calif. - But this being fintech's leading demo showcase, the featured startups offered up these basic, fundamental aspects of banking in a new way, often with "artificial intelligence" under the hood.

Lending 186

Lending Fintech cryptocurrency Cards 186

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

Bank Innovation

MARCH 9, 2017

— BLender, an Israel-based lending platform, secured an e-money license from Central Bank of the Republic of Lithuania last month. SAN JOSE, Calif. Since Lithuania is a member of the European Union, the license applies to the other 27 EU member states. “We

San Jose 186

San Jose Security Lending Operations 186

PYMNTS

JUNE 29, 2017

Whereas mostly a concept only really understood by early adopter and tech enthusiasts a few years ago, these days mobile wallets have gone mainstream enough to feel a bit commonplace to consumers. Merchants are thinking about mobile wallets. Thinking about digital wallets, the retailers still don’t need to be security experts.

Mobile 137

Mobile Retail Security Fraud 137

PYMNTS

FEBRUARY 19, 2020

The B2B eCommerce Report , a PYMNTS and American Express collaboration, digs into the advantages of online business purchasing, as well as efforts to overcome the difficulties involved in designing and securing these shopping experiences. Around The B2B eCommerce World. Read the full story in the Report.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

JANUARY 13, 2020

consumer and the sea changes tied to commerce, eCommerce, lending and credit. For those watching the payments sphere, the tea leaves are there for the reading, tied to mobile and digital banking adoption, to outstanding balances on cards, and to auto loans and mortgages. Going Mobile. billion for the quarter that ended Sept.

Mobile 131

Mobile US Lending America 131

PYMNTS

APRIL 25, 2016

Visa is determined to make EMV faster, Starbucks wants to make getting that cuppa joe faster, too, and is crushing it with mobile order ahead and the CFPB might be moving closer to having a fast exodus of the payday lending business once its rules drop. Starbucks Steals The Mobile Show (Again). EMV’s Second Phase.

Lending 100

Lending Mobile Cards Fraud 100

PYMNTS

AUGUST 1, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. A report in The Australian on Monday (July 31) revealed news that the NAB is adding new features to its small business (SMB) lending unit, QuickBiz, in an effort to build market share.

National 100

National Lending Capital Regulation 100

PYMNTS

FEBRUARY 19, 2020

Like most POS installment options, applying is a matter of capturing the standard verification data set — income, address, mobile number, Social Security number, etc. — at which point ChargeAfter assembles a profile and runs it against their lender network.

Lending 188

Lending Cards Payments Millennials 188

PYMNTS

MARCH 10, 2017

Financial regulations forced banks to pull back from small business lending in the wake of the financial crisis as pressure to reduce risk exposure increased. and Europe — small businesses and entrepreneurs in emerging markets find they’re being shut out of the bank lending market altogether. The Mobile Device.

Mobile 149

Mobile Lending Data Marketing 149

PYMNTS

OCTOBER 2, 2018

Potential borrowers apply online or via mobile, can be approved and offered a rate within 15 minutes, and can have their loans funded within 24 hours. For banks, including relatively large banks, Goldstein noted, entering into personal lending markets is daunting, even if it is appealing from a variety of standpoints.

Lending 134

Lending Alabama Online System 134

PYMNTS

SEPTEMBER 10, 2018

Others are looking to additional solutions to solve student lending problems. Student Loans Go Mobile. The digital banking platform chose to offer mobile disbursements and a smartphone app-accessible checking account to reach young college-going consumers, 75 percent of whom use mobile banking apps, according to recent research.

Mobile 100

Mobile Arkansas ATM Tools 100

PYMNTS

FEBRUARY 23, 2020

Matthews said the creation of a secure, government-issued identity framework would make it easier to get people verified and authenticated, which would in turn spur growth in Australia. That’s because most information about their financial histories was held by larger institutions.

Lending 226

Lending Fintech National Strategy 226

PYMNTS

DECEMBER 2, 2019

Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the “oversubscribed” funding round — one of the largest for a FinTech startup in Southeast Asia.

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

Abrigo

OCTOBER 26, 2016

Yet given the confidential nature of data often stored in web-based lending, credit risk and portfolio risk solutions, bankers have to pay special attention to potential weaknesses in password management. Even after strong passwords have been established, there are ways to ensure they are used securely.

Risk Management 150

Risk Management Management Lending Handbook 150

PYMNTS

OCTOBER 30, 2018

Alipay revealed last month that it now has more than 700 million annual active users of its mobile payments solution, a 200 million user increase from the year prior. Ant Financial also already supports small business mobile loan application for companies that use Alipay’s QR code solution to accept customer payments.

Lending 134

Lending Tools Mobile Analysis 134

PYMNTS

APRIL 30, 2019

Mobile food ordering has become a crowded space. The surge in these mobile order-ahead apps is being driven by consumers for the most part. Mobile ordering has also become big business. According to the April 2019 Mobile Order-Ahead Tracker , a collaboration between PYMNTS and Kount , the estimated value of the U.S.

Mobile 100

Mobile Fraud Industry Security 100

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Alternative Lending. alternative lending space this week, too. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

Bank Innovation

JULY 8, 2016

mobile customers just got a major app upgrade. TD Bank’s U.S. Tablet users, your upgrade is coming in the fall, Bank Innovation has learned. TD’s iOS users (finally) have the option to skip the passwords and make use of Touch ID. Customers also got a greater transfer functionality, allowing them to Read More.

Mobile 268

Mobile Innovation Security Lending 268