PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations.

Analytics 237

Analytics Data Big Data social media 237

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. We see the human touch as key when making lending decisions, and we want branches to have that autonomy. million small businesses operating in the U.K.,

social media 139

social media Lending Capital Data 139

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

PYMNTS

OCTOBER 16, 2019

The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

social media 110

social media Online Groups Community 110

Abrigo

DECEMBER 17, 2019

The types of compromised accounts that are commonly available and most popular on account markets are financial (bank, investments, brokerage), e-commerce, online payments, dating sites, mobile / telecommunications, social media, and email. There are many operators of mule networks offering their services on the Dark Web.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

JULY 17, 2019

Its core card business and its commercial lending activity grew, leading to higher revenue numbers. One glaring expense was a significant increase in social media ad spending in the company’s efforts to find and attract new customers. The financial institution surpassed expectations last quarter.

Capital 108

Capital social media Chicago ATM 108

PYMNTS

FEBRUARY 2, 2021

Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov. 1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I Winning Converts. Next Steps.

Tennessee 262

Tennessee Payments social media Regulation 262

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

MAY 31, 2019

PayPal Hits $10B SMB Lending Milestone. Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, inventory, expansion and other mission-critical business activities. Fun, Cool or Otherwise Interesting.

Lending 122

Lending Payments Apple social media 122

South State Correspondent

MARCH 23, 2022

Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. Xpeers are customer support help reachable by phone, chat, social media, or email. Step 4: Reallocate Advertising Dollars into Customer Service.

Branding 221

Branding social media Strategy Data 221

PYMNTS

JANUARY 13, 2017

And in the lending process, data can mean the difference between good risk and bad. In one recent announcement , Provenir, which provides real-time risk decisioning technology, said it had been chosen by TBI Bank, operating in Bulgaria and Romania, to help with credit decisions for consumers and also small businesses.

Lending 100

Lending social media Data Analytics 100

Abrigo

MAY 5, 2022

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Lending & Credit Risk. Lending & Credit Risk. keep me informed. Whitepaper. Asset Liability Modeling. CECL Models.

Community 195

Community Lending Maine Resources 195

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

MARCH 22, 2019

Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. In an interview with PYMNTS, CEO Johannes Brouwer said that for smaller firms seeking access to financing as they look to grow operations, the process has typically been time-consuming and expensive.

blockchain 162

blockchain social media Lending Security 162

South State Correspondent

APRIL 23, 2023

Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run. The economic world operates in fair value measurements, and fair value measure allows managers to make more informed decisions.

Management 195

Management Security Risk Management social media 195

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

NOVEMBER 27, 2020

With an estimated 11,000 independently owned pawnshops operating nationwide, it’s a niche business with a unique view on society and the economy. Lending vs. Selling. And just like other retailers, pawnshops also typically do 30 percent to 40 percent of their business in the finals two months of the year. “We The Lender of Last Resort.

social media 218

social media Software ATM Lending 218

PYMNTS

JUNE 19, 2020

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. Facebook has purchased Mapillary in the social media giant’s efforts to expand open mapping efforts.

Payments 141

Payments social media Tools Resources 141

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

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

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

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

Banking 2020

JANUARY 20, 2015

From social media to the use of all caps, every individual action can affect credit worthiness. Estimates vary, but it’s clear that tens of millions of consumers have little or no credit history, and many of them fall outside the purview of traditional lending institutions. In fact, there’s enormous potential here.

Technology 40

Technology Lending social media Analytics 40

PYMNTS

MAY 15, 2019

percent), findings of an informal web and social media search (11.8 percent) said offering trade credit made day-to-day operations harder, though. percent of sellers believe immediate payments would make day-to-day operations easier, while 32.3 percent) and the personal relationship with the customer (11.1 One-third (32.3

social media 108

social media Study Payments Operations 108

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

OCTOBER 8, 2019

It could also serve to increase the pressure on eCommerce operators to make online as well as mobile stores accessible to consumers with disabilities. Max Levchin On The Future-Present Of Everywhere POS Lending. More States Join AG Facebook Investigation Led By NY.

social media 109

social media Payments Online cryptocurrency 109

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

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 Float .

Capital 100

Capital Lending blockchain Security 100

PYMNTS

OCTOBER 13, 2017

Alternative Lending. million in fresh equity funding for its small business lending solution. The company uses a peer-to-peer lending model to funnel funding for small and medium-sized business (SMB) borrowers, attracting investors to its platform that can be connected to small businesses in need of working capital.

Fintech 118

Fintech Lending social media Management 118

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

FICO

JANUARY 6, 2022

For example, for you are targeting customers digitally through social media and search engine marketing, and you find that thousands of customers are applying but relatively few are being approved, is this satisfactory? Solve for the Problem, Not the Solution. The importance of this was shown in a recent FICO survey.

Management 52

Management social media Customer Experience Strategy 52

Independent Banker

MARCH 31, 2022

Bank Operations and Payments chair Alice P. Hartings: ICBA’s ThinkTECH Accelerator brings fintechs and community banks together to enhance bank operations and the customer experience. We are also challenged with ever-increasing cybersecurity threats and CFPB overreach that need to be assessed and addressed.

Community Bank 239

Community Bank Community Industry Texas 239

Gonzobanker

JANUARY 4, 2016

We see the types of content being shared through social media. For the most part, these channels are flooding executives with high-level “what” observations and doing nothing to help them make strategic “how” decisions or adopt new operating tactics. GonzoBanker Credit Union Consumer Lending Officer Roundtable Phoenix Mar 13-15.

San Diego 60

San Diego Phoenix social media Strategy 60

CFPB Monitor

APRIL 11, 2022

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

Connecticut 78

Connecticut Company Regulation social media 78

PYMNTS

JULY 6, 2018

Another segment, millennials, are looking for unique destinations that can lend themselves to Instagram and other social media channels. John Romfo, chief operating officer for GLAMPING.COM , said in a press release last year that “what started as a trend has evolved into a full-blown phenomenon.” The Great Outdoors.

Millennials 100

Millennials social media Comparison Maine 100