Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

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

South State Correspondent

MAY 23, 2023

Lending is getting riskier. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. The operative question is when commercial PODs will show a spike. Minnesota, North Dakota, and Iowa were the least risky states to lend into.

Trends 195

Trends Minnesota North Dakota Arizona 195

PYMNTS

SEPTEMBER 17, 2019

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

Ohio 151

Ohio Lending Iowa South Dakota 151

South State Correspondent

MAY 9, 2024

and New York had the lowest increases in credit risk, while North Dakota, Iowa, and Minnesota had the lowest volatility and were the most stable. As such, office buildings are still undergoing a net operating income (NOI) reset, with the value of the properties dropping in a corresponding fashion.

Data 195

Data Trends North Dakota Capital 195

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Randy Newman, Alerus Financial – For 40 years, Newman guided Alerus out of a flooding disaster in North Dakota to the creation of a diverse financial powerhouse focused on banking, mortgage, wealth management, and retirement services.

Community 216

Community Fintech Industry Innovation 216