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Stripe Capital Extends Business Lending To Online Platforms

PYMNTS

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform. On Tuesday (Dec. So we built Capital for platforms: [link].

Capital 302
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Finance now! Opportunities for embedded lending and leasing

Accenture

When I was shopping online recently, a new option appeared on the checkout screen that presented me the opportunity to finance my purchase. Opportunities for embedded lending and leasing appeared first on Accenture Banking Blog. The post Finance now! The post Finance now!

Lending 359
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SMBs’ Online Lending Surge Raises Borrower Protection Concerns

PYMNTS

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But the majority of online SMB lenders do not disclose publicly their fees and interest rates, reports warned.

Lending 131
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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

By leveraging their strengths in relationship lending and their access to technology in order to grow the small business loan portfolio profitably. CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market.

Lending 195
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Ag lending outlook & top challenges

Abrigo

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.

Lending 195
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Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195
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How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . This competition can only increase as the lending landscape continues to shift.

Lending 195