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CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans

Abrigo

The CDFI instated Abrigo's SBA Lending technology platform and systemized approach soon after business owners were able to begin applying for PPP loans. Lending & Credit Risk. SBA Lending. CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans. SBA Lending.

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Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

The company has a partnership with Amazon in which it lends to customers with low credit scores. Five senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses people’s data and video. In other Amazon news , the eCommerce giant is opening a store on the Chinese site Pinduoduo.

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AltFin Proves Its Staying Power With Asian Investors

PYMNTS

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Alternative Lending. Capital Match.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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The top-performing community banks of 2021

Independent Banker

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. A: Technology. What fits one does not fit all. Allied First Bank, SB.

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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. Think Quicken Loans® on steroids but for small business lending. www.miradortech.com.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers.

Strategy 101