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Spotlight on lending: Commercial loan growth geographically

Abrigo

Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? Nationally, the picture is a fine one. However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. banks is up $157 billion from the same period in 2013.

Lending 186
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Singtel’s Dash Plans Remittance Service; KinerjaPay Notches $200M Investment

PYMNTS

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.

Regional 128
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It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. unemployment rate in the United States is nothing compared to the striking 1.3% Tech companies trying to support a bank stack have no easy task. The war for talent makes all this more difficult.

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. And at least some of those firms – Monzo among them – are applying for banking licenses in the United States.

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New Data: Separating The PPP Haves, Have Nots and Don’t Wants

PYMNTS

When the Paycheck Protection Program (PPP) debuted earlier this month, it was heralded by some observers as a lifeline for small businesses that power Main Street in the United States. There was confusion about just what the lending program demanded, in terms of documentation, or how the funds should or could be used.

Data 168
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Hacker Tracker: U.S. Most Willing To Pay On Ransomware

PYMNTS

The United States bore the brunt of this rise, Haley said, in a number of ways. the nation most targeted for ransomware attacks — tend to respond to this form of cyberattacks. We used to think that cyberattacks on nation-states were just about stealing secrets,” Haley said.

Security 157
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Easter Commerce Hops All Over The Place

PYMNTS

Pardon the cynical perspective, but it can be reasonably argued that the reason Easter is such a popular event in the United States is that it gives consumers — who, in their private lives, are of any and all creeds — a reason to buy stuff. Boy, do we like to buy stuff. Let’s break down the list. billion will be spent on food.

Survey 100