PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

OCTOBER 2, 2018

Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function. We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said.

Lending 134

Lending Alabama Online System 134

PYMNTS

DECEMBER 13, 2019

Robocash Group, a peer-to-peer (P2P) lending platform, aims to raise $5 million in the next half-year from investors in Europe who want to invest in Southeast Asia, particularly Singapore, according to reports. With the completed integration, Robo.cash users can invest in the region and its development. billion two years later.

Lending 130

Lending Regional Groups Marketing 130

PYMNTS

OCTOBER 23, 2017

Earlier this year, Italy initiated its largest bank bailout in its history when it committed up to $19 billion to save two failing regional banks, Banca Popoalare di Vicenza SpA and Veneto Banca SpA. 20), the ongoing struggles of those FIs is putting as many as 40,000 small and medium-sized businesses (SMBs) in the region in jeopardy.

Regional 108

Regional Capital Report Payments 108

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. sent a letter to five alternative small business lenders operating in the country, inquiring about their business practices.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

United States 286

United States Regional America Trends 286

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K.,

Data 167

Data Lending Regional Fintech 167

PYMNTS

APRIL 28, 2016

The new idea being floated involves classifying marketplace lenders, who operate online and also offer smaller loans with set payments, as installment lenders that are under the CFPB’s jurisdiction and regulations. The CFPB has been pursuing this quietly for some time. Many are also bound to reporting requirements with the SEC.

Lending 100

Lending Chicago Regulation Regional 100

PYMNTS

SEPTEMBER 4, 2019

challenger bank B-North has tapped two FinTechs to power its small business lending and banking operations. The partnerships will enable B-North to accelerate loan processing for small business customers and allow the bank to embrace flexible infrastructure to “future-proof” its operations. In a press release Tuesday (Sept.

Lending 115

Lending Regional Fintech Operations 115

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. discussed how they use continuous monitoring in their efforts to ensure safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Investors on Monday (June 27) provided $10 million to D3 Banking for it to further its research and development operations, reports said. Alternative Lending. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

Abrigo

FEBRUARY 23, 2023

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. People have other options,” Kirby said. Talk to a specialist to learn more.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

MARCH 20, 2020

However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We But analysts said the move represents an attempt to compete with a number of new online challenger banks that will appear in the region later in the year. The competition will be keen.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

DECEMBER 8, 2019

B-North wants to disrupt the £154 billion UK business lending market. The majority of SME lending is via the big High Street banks and our experience shows they often use outdated ‘legacy’ systems, rigid lending policies, and faceless, centralized processing centers. percent in equity at a £14,247,942 ($18.7

Lending 131

Lending Regional Policies Operations 131

PYMNTS

DECEMBER 28, 2020

I mean, throughout the Latin American region that has happened, but it has been massive in Brazil. When we began underwriting operations back in 2016, we had a certain level of performance, and we’ve been improving a lot because with more history our models are strong so we can make better credit decisions.

Lending 220

Lending Data Marketing Regional 220

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s no doubt about it: Alternative lending had a stellar week.

Lending 100

Lending US Capital Report 100

South State Correspondent

MAY 3, 2023

In fact, we had a conversation just last week with the head of a lending division at a large regional bank. At its basic premise, FTP distributes banking profit between lending and deposits. Most of the deposits, unfortunately for the bank, are now moving from DDAs to MMDA and CDs, with rising costs to the bank.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

In fact, we had a conversation just last week with the head of a lending division at a large regional bank. At its basic premise, FTP distributes banking profit between lending and deposits. Most of the deposits, unfortunately for the bank, are now moving from DDAs to MMDA and CDs, with rising costs to the bank.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

In fact, we had a conversation just last week with the head of a lending division at a large regional bank. At its basic premise, FTP distributes banking profit between lending and deposits. Most of the deposits, unfortunately for the bank, are now moving from DDAs to MMDA and CDs, with rising costs to the bank.

Lending 195

Lending Capital Management Tools 195

Abrigo

DECEMBER 1, 2020

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

South State Correspondent

NOVEMBER 29, 2023

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Too many bank products don’t lend themselves to consistent engagement, which is where bank product design and marketing should come into play.

Marketing 195

Marketing Regional National Nashville 195

PYMNTS

DECEMBER 7, 2020

operations to PNC Bank , creating the fifth-largest regional player in the U.S. No matter the size of the bank or the regional focus, there’s a general realization that disruption is on the horizon. Through the summer of this year, deal making was down 70 percent from a year earlier to 40 transactions. Gearing Up For Disruption.

Google 282

Google Examples Regional Lending 282

Abrigo

MAY 11, 2015

Commercial lenders could continue to see elevated demand for agricultural loans – particularly for short-term financing to cover operating expenses -- thanks to tight profit margins for many producers. Current operating loan volumes grew for the third year in a row following several quarters of depressed crop prices,” researchers said.

Kansas City 150

Kansas City Lending Kansas Operations 150

PYMNTS

JANUARY 7, 2021

The company is looking to move its consumer loan business into a new consumer lending unit that would be able to operate throughout China, Bloomberg reported, citing unidentified sources. Ant currently has two lending units that handle consumer loans, Huabei and Jiebei. China’s central bank told the media on Dec.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

FEBRUARY 6, 2018

Our first base of operations was my basement in Reston, Virginia.”. That rate, he noted, is based on more than mutual soldier loyalty, as StreetShares has other lending requirements. And so with his friend, former Capital One executive and former South African Air Force member Mickey Konson, he founded StreetShares , Inc. “We

Lending 119

Lending Virginia United States Capital 119

PYMNTS

MAY 17, 2018

Regional lender in Japan, Suruga Bank , apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property investment scheme, adding to the list of corporate scandals plaguing the country, reports in Bloomberg said. In effect, the perfect storm for corporate malfeasance.”.

Compliance 108

Compliance Lending National Fraud 108

PYMNTS

SEPTEMBER 24, 2020

Shah emphasized that it's not necessarily valuable to make such predictions, however, because the SMB lending ecosystem is quite regional: FIs in one area servicing many agriculture SMBs may accelerate their small business lending activity, while FIs in another, more metropolitan region may step back.

Community 193

Community Community Bank Regional Lending 193

PYMNTS

MAY 21, 2020

The New York metropolitan region represents over 8 percent of the nation’s total gross domestic product, and the MTA’s operations are critical to the economic health of the New York region and the country,” Foye said, according to Bloomberg. There’s been a disruption in the short-term market,” he said, according to Bloomberg.

New York 144

New York Regional Lending Marketing 144

PYMNTS

APRIL 30, 2019

The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. The government said the group will be tasked with exploring, amid other possibilities, a “virtual digital bridge from the ‘Silicon Docks in Dublin to IFS companies in Dublin, and in other regions.’”.

Fintech 189

Fintech Regional Operations California 189

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

OCTOBER 17, 2022

In a previous article ( HERE ), we discussed the concept of Funds Transfer Pricing (FTP), why systemically important banks and large regional banks incorporate FTP, and why community banks should also consider implementing FTP. In this article, we look at using FTP attribution to better understand lending profitability.

How To 195

How To Community Bank Community Capital 195

PYMNTS

AUGUST 16, 2019

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., “The nation’s two largest metropolitan areas are home to a majority of our commercial lending and banking clients,” said Greg Garrabrants, president and CEO of Axos, in a statement.

Los Angeles 101

Los Angeles New York FDIC Lending 101

PYMNTS

SEPTEMBER 27, 2019

Deploying nCino’s Bank Operating System, Santander U.K. Adopting nCino technology will enable the bank to operate its business services – serving small businesses to large enterprises – on a unified platform, the companies noted. Cloud banking technology provider nCino will help U.K. The overhaul is part of Santander U.K.’s

Lending 116

Lending Operations System Regional 116

PYMNTS

DECEMBER 16, 2019

Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China Morning Post (SCMP) reported on Friday (Dec. About 6,000 P2P platforms have missed payments to investors and “suddenly suspended operations.”

Leadership 131

Leadership Regulation Regional Lending 131

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Below, PYMNTS breaks down the latest in B2B FinTech funding.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

FEBRUARY 18, 2019

China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms, according to a Reuters report. The charges stem from illegally using P2P platforms to gather funds. trillion yuan ($217.96

Lending 129

Lending Regional Operations National 129