Bank Innovation

FEBRUARY 7, 2019

Wells Fargo customers nationwide are experiencing technical difficulty accessing the San Francisco-based bank’s online and mobile banking services.

San Francisco 170

San Francisco Online Mobile System 170

PYMNTS

AUGUST 5, 2019

Although local branches will be given autonomy to make lending decisions, bank officials will analyze data — including social media sentiment towards any borrower. Nobody likes to do things online only,” Jonathan Thompson, CEO and co-founder of B-North, said, according to Growth Business. “We There are 5.6

social media 139

social media Lending Capital Data 139

PYMNTS

JULY 2, 2020

The pandemic is continuing to throw typical business operations for many industries into flux, resulting in disastrous financial consequences. Entities that are unable to provide such an experience will quickly find themselves left behind by the expanding competition within the SMB lending space. Government entities in the U.S.

Lending 198

Lending social media Industry United States 198

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. It cautions that any use of the technology should be “approached with an awareness of the risks,” and be subject to fair lending compliance measures.

Lending 130

Lending social media Compliance Regulation 130

CFPB Monitor

SEPTEMBER 14, 2020

The report discusses the Bureau’s examinations in the areas of consumer reporting, debt collection, deposits, fair lending, mortgage servicing, and payday lending that were completed between September 2019 and December 2019. Fair lending. Payday lending. Key findings are described below. Consumer reporting.

Lending 78

Lending Report Regulation Exercises 78

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. In exchange, Grab gains greater visibility into SMB operations and performance. “By

Data 193

Data Lending Capital social media 193

PYMNTS

SEPTEMBER 28, 2020

The Predatory Lending Trap. Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating. When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn.

social media 215

social media Capital Fintech Operations 215

PYMNTS

AUGUST 11, 2017

FBI documents have revealed a global financial network run by a senior Islamic State official that funneled money to an alleged ISIS operative in the U.S. The affidavit indicates that several other alleged operatives had been arrested in Britain and Bangladesh. through fake eBay transactions.

US 106

US Maryland social media United States 106

PYMNTS

JUNE 19, 2020

the Beijing-based online shopping site, collected record sales during their annual 618 sale, named for the date it ended, June 18 (Thursday). The company said the funds will help with new offerings that assist its retailers in handling the evolved operating climate as well as provide diners with secure and accessible ways to transact.

Payments 141

Payments social media Tools Resources 141

PYMNTS

OCTOBER 8, 2019

Today in the payments news roundup, Affirm has launched a new app that will let customers use the service to pay almost anywhere online or in the real world. Domino’s Supreme Court Decision Spotlights Online Web Accessibility . Max Levchin On The Future-Present Of Everywhere POS Lending.

social media 109

social media Payments Online cryptocurrency 109

Bank Innovation

MARCH 16, 2016

Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California. 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

NOVEMBER 10, 2017

But Asia’s alternative SMB lending industry was the clear winner, thanks to WeLab, a Hong Kong-based firm that landed $220 million in funding this week. Alternative Lending. The company uses an array of data sources, including bill payment records and social media, to assess borrowers’ creditworthiness.

Capital 100

Capital Lending social media Industry 100

Bank Innovation

JULY 12, 2018

The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim. Most fintech startups don’t survive. Well, according to a […].

Fintech 247

Fintech Lending Industry Payments 247

PYMNTS

MARCH 31, 2017

Take a look at the logistics startup that grabbed more than half of that amount to disrupt India’s logistics space and which other industries secured VC financing — including alt lending, software-as-a-service (SaaS) and eProcurement. Alt Lending. Nigeria-based Lidya announced this week that it raised $1.25

Fintech 100

Fintech social media Capital Lending 100

PYMNTS

OCTOBER 31, 2019

The slow, expensive process of handling print invoices is a barrier to smooth cash flow, and SMBs can make their operations run smoother by tapping AR tools for digital payments, electronic invoices, automated processes and more. The new solution furnishes media companies with loans in exchange for the borrowers’ anticipated AR payments.

Meeting 103

Meeting social media Tools Report 103

PYMNTS

NOVEMBER 12, 2019

For instance, such informal lending means arbitrary interest rates and repayment agreements. One of the most common challenges in the small business lending space overall is a lack of credit profile, forcing lenders to turn to personal financial information to make a decision about whether or not to lend to a small business.

Lending 102

Lending Analysis America Strategy 102

PYMNTS

APRIL 12, 2017

One of the first platforms to receive clearance from the Securities and Exchange Commission to operate as a crowdfunding portal for small businesses is Funding Wonder , which enables SMEs to raise funds from individual investors — accredited or not. It’s complex to set up a portal and get it certified and create a seamless operating model.”.

Regulation 102

Regulation Lending social media Operations 102

PYMNTS

MAY 13, 2016

Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few) all secured funding. It’s about helping companies with between $100 million and $150 million in online annual sales access a robust set of solutions to manage their digital operations.

Capital 100

Capital Lending blockchain Security 100

Social Assurance

JANUARY 25, 2022

We are only about 60 days away from Spring and as we head into the spring of 2022, lending is a primary focus for financial brands. The market for mortgage lending is competitive. What is social selling and why should I care? If you’re a financial brand, we’re here to help you support social selling while mitigating risk.

social media 15

social media Branding eBook Lending 15

Bank Innovation

MARCH 6, 2017

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

Innovation 150

Innovation Online social media Operations 150

Bank Innovation

FEBRUARY 28, 2017

We have undertaken our most significant redesign and relaunch since Bank Innovation initially dropped online in 2009. This beta officially kicks off today and marks a new chapter in the life of Bank Innovation. We hope you love it. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we […].

Innovation 150

Innovation Online social media Operations 150

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Chris’ public posts including his playbook for dealing with COVID-19 were gobbled up on social media. The Experience Award Goes to BCU , Chicago. Gritty is good.

Idaho 181

Idaho Community Industry Strategy 181

FICO

JANUARY 8, 2021

To be clear, this is not only about efficiency in lending. Mobile Operators and Coronavirus: Ideas To Help Slow The Spread. Mel Prescott noted several ways that mobile operators could use their network data to potentially help fight the virus. All of this enables businesses to invest more and expand.

Analytics 52

Analytics Analysis Lending Management 52

PYMNTS

MAY 18, 2018

The nation’s largest supermarket operator announced this week that it has officially signed a deal with U.K.-based based online grocery firm Ocado , which will see the firm become Kroger’s exclusive partner in the U.S. By next year, they hope to resume operations in Southern California. But maybe it’s too little too late?

San Francisco 100

San Francisco California Operations social media 100

Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market.

Fintech 287

Fintech Marketing Cards Management 287

Banking 2020

MARCH 26, 2015

Furthermore, the CFPB is expected to give clear guidelines on using SMS, email, and social media in debt collections. A clear rule from the CFPB, no matter how restrictive the guidelines may be, means an open race to using digital media and its advantages: real time communication, 24/7 availability, data feedback and more.

Industry 40

Industry Guidelines social media Technology 40

William Mills

MAY 11, 2016

Do no go online and get another online loan. Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Peer lending meets machine learning, with LendingRobot. Peer lending solution that’s growing fast.

Video 40

Video Lending social media Analytics 40

South State Correspondent

MAY 2, 2022

Instead of thinking about how you can grow customers, the commercial lending team often thinks about increasing loans. Since a bank has an omnichannel approach, there is often misalignment between mobile, online banking, the branch network, marketing, and management. Funnels Create Strategic Confusion. The K-Factor – Compounded Growth.

social media 195

social media Management Marketing Resources 195

Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

Innovation 257

Innovation blockchain Fintech Industry 257

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

Bank Innovation

NOVEMBER 15, 2017

EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees.

Conference 225

Conference Innovation Fintech How To 225

Bank Innovation

APRIL 27, 2017

SAN JOSE, Calif. — One of the major themes in the first day of Finovate Spring (aside from perennial favorite authentication) was customer engagement — having better discussions with customers in a digital environment in order to deliver more relevant products and services.

San Jose 239

San Jose Tools social media Operations 239

Bank Innovation

FEBRUARY 6, 2019

banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released this week. Led by the Industrial and Commercial Bank of China, the world’s most valuable banking brand (at $79.8 billion), Chinese banks comprised the top four banks on the consultancy’s […].

Branding 170

Branding Industry social media Operations 170

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

Bank Innovation

JANUARY 30, 2019

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM. Register here to secure the lowest possible rate!

Innovation 170

Innovation Seattle Fintech Security 170

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170