Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Facilitation of embedded lending while ensuring compliance: Embedded finance initiatives must adhere to regulatory requirements.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

OCTOBER 29, 2020

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, leveraging the cloud to deploy digital banking has allowed us to introduce updates more often and innovate faster.

US 203

US Fintech Tennessee Compliance 203

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

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. 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. By Beth Mattson-Teig.

Lending 91

Lending Community Bank Community North Dakota 91

Perficient

JULY 27, 2023

The Community Reinvestment Act (CRA) is a federal law in the US that promotes the interest of financial service firms to serve their communities’ credit needs, including low- and moderate-income neighborhoods. CRA remains essential today because many businesses are struggling to operate post-pandemic and have shut down.

Data 221

Data Compliance Community Lending 221

PYMNTS

APRIL 26, 2019

In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. The firm operates a portal through which buyers, suppliers and financial institutions can connect to facilitate financial transactions, including eInvoicing, supplier payments and financing.

Fintech 176

Fintech US Lending Capital 176

BankUnderground

JUNE 9, 2021

‘Zombie lending’ occurs when a lender supports an otherwise insolvent borrower through forbearance measures such as repayment holidays and temporary interest-only loans. In a recent paper , I examine whether these lending practices contributed to the subsequent low output experienced by the euro area. Belinda Tracey.

Lending 110

Lending Capital Policies Exercises 110

PYMNTS

SEPTEMBER 17, 2019

challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind down commercial lending operations. Following a series of setbacks for U.K. The Times on Sunday (Sept. Metro will look to instead focus on residential property financing as it seeks a new chairman.

Metro 100

Metro Lending Fraud Capital 100

PYMNTS

OCTOBER 6, 2017

SMEs are integral to the fabric of our economy, contributing around 38 percent of our country’s national GDP,” said Tata Capital Chief Operating Officer, Commercial Finance, Sarosh Amaria in a statement. SMBs can make multiple drawdowns, while the credit line gets replenished based on borrower repayments, the news reports explained.

Capital 139

Capital Lending National Fintech 139

PYMNTS

NOVEMBER 16, 2016

15) that the company is now called QuickBridge and is expanding into the direct-to-business lending sector. ” In another statement, QuickBridge Vice President Jason Oslecki pointed to the company’s ability to better service SMEs by directly lending to borrowers. The alternative lender announced Tuesday (Nov.

Lending 100

Lending Strategy Capital US 100

The Paypers

DECEMBER 7, 2022

Cryptocurrency lending platform Nexo says it is ‘phasing out’ the US side of its operations, after unsuccessful talks with regulators.

US 36

US cryptocurrency Lending Regulation 36

PYMNTS

SEPTEMBER 14, 2020

has said that it was chosen to be ByteDance’s “trusted technology provider” that will take over TikTok's American operations, and Alibaba is considering an investment in Grab. Plus, new regulations in China will make Ant Group support any payments, lending or finances with substantial funds. Oracle Officially Named As TikTok’s U.S.

Technology 148

Technology Groups Payments US 148

PYMNTS

OCTOBER 19, 2020

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. “In

Google 264

Google Tools Lending Industry 264

PYMNTS

JANUARY 18, 2021

Grab Financial Group offers payments and financial services including lending, insurance and retail wealth management throughout Southeast Asia. The business operates in several Asian countries, including Singapore, the Philippines, Cambodia, Thailand, Vietnam, Myanmar, Malaysia and Indonesia, according to its website.

Fintech 198

Fintech US Groups Management 198

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 87

Policies Lending Capital Study 87

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Target auto-debit at 90%+ in all small business digital lending processes.

Lending 136

Lending Community Bank Community Data 136

PYMNTS

DECEMBER 29, 2019

In commercial real estate lending, the number of CRE loans held at larger banks also began to decline. CRE loans can be regarded as business loans by another name, as businesses borrow against their real estate to finance operations. Most of it, too, was at mid-sized and small banks, according to data from the Federal Reserve.

US 132

US Capital Lending Industry 132

PYMNTS

JANUARY 6, 2020

According to the survey, while revenues grew for most, the percentage of firms operating at a profit remained unchanged from the previous year’s report. The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially for small businesses and startups. SMBs in the U.S.

Survey 130

Survey US Capital Lending 130

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

APRIL 16, 2019

Reports in the Financial Times on Sunday (April 14) said unnamed sources have revealed Deutsche’s own concerns about the lackluster performance of the unit, adding that informal discussions held last year within the bank put pressure on the FI’s Chief Executive Christian Sewing to cut back the unit’s operations.

US 122

US Operations Resources Regulation 122

PYMNTS

FEBRUARY 12, 2018

9) noting iGTB will lend its cash management platform, CBX 18, to Pivotal clients via its Pivotal Cloud Foundry cloud platforms. in particular, allowing us to deliver one of the most sophisticated corporate banking platforms on the market.”. The companies made an announcement Friday (Feb.

Lending 158

Lending Analytics Software Customer Experience 158

Jack Henry

JULY 12, 2019

While it’s relatively easy to prove that new lending technology can create operational efficiencies, you may not feel that it can make relationships stronger. Most of us have been conditioned to think that technology simply produces gains in efficiency that help organizations save time and make more money.

Lending 60

Lending Technology US Operations 60

PYMNTS

APRIL 26, 2017

Online lending as a business model has taken some lumps over the last several months, with Lending Club (and investors) only the most visible casualty of alleged fraud. As for questions surrounding the viability of these online lending platforms, as posited by Webster, Moore said the model exists as one that is here to stay.

Lending 101

Lending New York City Online Fraud 101

PYMNTS

JUNE 16, 2020

All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. And Monday, the Fed announced plans to create a “broad, diversified market index” and purchase individual corporate bonds on the secondary markets. economic recovery.

Company 214

Company US Policies Course 214

South State Correspondent

SEPTEMBER 27, 2023

Ask most banks how they construct their lending portfolio, and they say that “it is what the market gives them.” That level of passivity will likely cause us to lose 75+ banks during the next downturn. Banks generate “alpha” or excess returns by taking more risk, usually in the form of real estate and commercial lending.

Lending 195

Lending US Marketing Capital 195

PYMNTS

OCTOBER 3, 2016

Toronto-Dominion Bank is looking to strengthen its corporate lending in the U.S, operations as growth in their own market slows. European bank shares have taken a hit recently , despite an increase in corporate lending, a bit of an anomaly for analysts. corporations, reports said on Friday (Sept. ’s 10 largest banks.

US 159

US Lending Strategy Report 159

BankBazaar

APRIL 19, 2023

Why did US banks collapse? The US regional banks were under pressure as concern grew among customers and investors about the financial health of the banks in the country. While the government is trying its hard to pacify investors’ fears, regulators are trying to find new buyers to take over SVB’s domestic lending portfolio.

US 78

US United States FDIC Regulation 78

PYMNTS

JULY 10, 2018

The two biggest players in the FinTech startup have been Cellulant — a digital payments operation currently up and online in 11 African countries — and the online micro-lending startup Branch. What Branch does have, however, is some direct experience in the world of micro-lending. Cellulant raised $47.5 As for their next step?

Lending 100

Lending ATM Online Course 100

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019. billion yuan (US$70.4

Lending 131

Lending Regulation Capital Industry 131

Bobsguide

FEBRUARY 5, 2017

William Wagner, CMO/Vice President of Marketing, Cloud Lending Solutions. Online lenders have been disrupting the lending ecosystem by combining innovation with advanced financial technology to improve borrower experience, address underserved markets, and reduce operating costs. In 2014, the US.

Lending 68

Lending Online Fraud Financial Technology 68

South State Correspondent

MAY 3, 2023

Specific Example Let us consider First Republic Bank’s (FRB) balance sheet. In fact, we had a conversation just last week with the head of a lending division at a large regional bank. But had this bank used FTP to price loans, compensate employees and allocate capital, the outcome on this portfolio would have been different.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Specific Example Let us consider First Republic Bank’s (FRB) balance sheet. In fact, we had a conversation just last week with the head of a lending division at a large regional bank. But had this bank used FTP to price loans, compensate employees and allocate capital, the outcome on this portfolio would have been different.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Specific Example Let us consider First Republic Bank’s (FRB) balance sheet. In fact, we had a conversation just last week with the head of a lending division at a large regional bank. But had this bank used FTP to price loans, compensate employees and allocate capital, the outcome on this portfolio would have been different.

Lending 195

Lending Capital Management Tools 195

PYMNTS

MAY 25, 2016

Reports by Financial Times said on Tuesday (May 24) that Wells Fargo vowed to continue to lend to businesses that have significant outstanding debt against the guidance of U.S. “Regulators don’t make our loan decision for us,” said Wells Head of Corporate and Commercial Banking and Treasury Management Perry Pelos.

Lending 100

Lending Regulation America US 100

PYMNTS

SEPTEMBER 30, 2020

The FinTech Capify has pulled in an additional $10 million in an equity round of funding and is banking on continued support from the Goldman Sachs Merchant Banking Division for its lending platform, which is geared to small to medium-sized businesses (SMBs). The FinTech has been operating in those markets for over 12 years. “It

Fintech 210

Fintech New York Capital Lending 210

Perficient

SEPTEMBER 29, 2022

This blog marks Part 1 of our Embedded Finance Blog Series and will introduce the overarching concept of embedded finance, setting us up to discuss embedded payments, embedded lending, and embedded insurance (all of which fall under the embedded finance umbrella) in future blogs.

Customer Experience 294

Customer Experience Software Cards Data 294

PYMNTS

DECEMBER 14, 2018

Steve Madden is one retailer that publicly announced its efforts to move its supply chain operations out of China. The company is “aggressively shifting production out of China to other countries, primarily Cambodia,” said the firm’s CEO Edward Rosenfeld during a conference call earlier this year.

Marketing 115

Marketing US Trends Conference 115