Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

SEPTEMBER 24, 2020

In today’s top news in digital-first banking, Volante Technologies Inc. is collaborating with Goldman Sachs Bank USA on digital transaction banking, while Sezzle has created a partnership with digital financial services company Ally Lending. Plus, FIS has partnered with The Clearing House (TCH) on real-time payments (RTP).

Lending 226

Lending Analytics Technology Software 226

Payments Dive

OCTOBER 5, 2023

The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.

Fintech 459

Fintech Lending Financial Technology Technology 459

PYMNTS

JANUARY 17, 2021

Figure Technologies , which works in blockchain-based finance tech transformations, has worked with J.P. With the facility, Figure will work on fueling mortgage lending growth, which shot up nearly 50 percent month over month in the fourth quarter. Cagney also told PYMNTS in November about Figure’s project to work on payments.

Lending 199

Lending blockchain National Payments 199

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Looking to Increase Loans through the SBA? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

FEBRUARY 14, 2020

has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company said in an announcement. Technology and equipment vendors can be live in a matter of minutes, offering real-time POS lending with little or no integration needed. “As

Lending 151

Lending Groups Online Technology 151

PYMNTS

SEPTEMBER 14, 2020

In today’s top news in payments from around the world, Oracle Corp. 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. Technology Provider’. Oracle Officially Named As TikTok’s U.S. 14) after U.S.

Technology 148

Technology Groups Payments US 148

PYMNTS

APRIL 14, 2020

To roll out a completely managed small business lending offering that digitizes the end-to-end loan life cycle, application development technology firm Unqork has teamed with Deloitte. It left most lenders with complex operational challenges resulting from legacy technology and manual processes and controls.”.

Lending 160

Lending Meeting Technology Security 160

Abrigo

SEPTEMBER 1, 2020

Key Takeaways Most financial institutions have implemented technology to help handle Paycheck Protection Program (PPP) loans. Lenders leveraging that technology to provide SBA loans after PPP can add products, grow customers, and add portfolio stability. PPP drove major technology upgrades.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Key Takeaways Most financial institutions have implemented technology to help handle Paycheck Protection Program (PPP) loans. Lenders leveraging that technology to provide SBA loans after PPP can add products, grow customers, and add portfolio stability. PPP drove major technology upgrades.

Lending 195

Lending Training Technology Survey 195

PYMNTS

OCTOBER 15, 2018

India-based PayMate is expanding its offering beyond B2B payment services as it steps into the small business (SMB) lending market. The company offers a solution to support digitization of B2B payments for both SMBs and larger corporates, reports said. Visa is using the PayMate platform to facilitate B2B payments in the country.

Lending 123

Lending Marketing Payments Strategy 123

PYMNTS

JANUARY 7, 2020

and beyond, with small business lending a particular focal point of these partnerships. Other initiatives include a focus on payments security, as well as connecting bank data to small business accounting portal QuickBooks. Banks Embrace FinTech For Business Lending. QIIB Eyes FinTech For Payments Security.

Lending 141

Lending Fintech Fraud Data 141

PYMNTS

JANUARY 28, 2021

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in which banks hold the upper hand, commercial lending included. But an overwhelming surge in demand painfully exposed traditional banks' biggest shortcomings in business lending.

Lending 164

Lending Fintech Operations Software 164

PYMNTS

NOVEMBER 5, 2019

Borrowers must often complete hefty amounts of paperwork before they are approved, and payments disbursed via paper checks can add delays. Many lenders are relying on advanced learning technologies like artificial intelligence (AI) and machine learning (ML) to offer instant loan payments without compromising the review process.

Lending 102

Lending Payments Security Fintech 102

South State Correspondent

MAY 13, 2024

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. With 142 presentations and panels, the content was tailored to the needs of every bank interested in payments. Nacha saw three strong presentations covering various legal aspects of payments.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

NOVEMBER 4, 2019

That need for speed is also critical when it comes to loan disbursements , according to Paul Gu, co-founder and head of product for personal lending provider Upstart , as slow payouts can create frictions and frustrate customers. Disbursements in the Lending World. Instant Payments, Lending and New Technologies.

Lending 116

Lending Industry Payments Cards 116

PYMNTS

OCTOBER 11, 2020

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Giancarlo Marchesi was named head of Consumer Lending, a new role at Santander.

Lending 160

Lending New York Virginia Boston 160

PYMNTS

OCTOBER 8, 2020

Berlin's Mambu is partnering with New Zealand digital lending platform Ranqx , which will use Mambu's API-first digital banking platform to provide digital lending experiences, loan origination, decisioning and monitoring for small- to medium-sized businesses (SMBs), according to a press release.

Lending 141

Lending Customer Experience Digital Banking Innovation 141

PYMNTS

OCTOBER 9, 2020

In today’s top payments news around the world, cross-border payment platform dLocal has grown its network, while Mambu is joining forces with New Zealand digital lending platform Ranqx to enhance digital lending. dLocal Grows Cross-Border Payments Network in LatAm.

Lending 100

Lending Payments Mobile National 100

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. Xero, Square Integrate For Faster Invoice Payments. Small business lending company Simply Asset Finance recently announced that it has completed its first funding deal using Open Banking. .

Lending 217

Lending Taxes Fintech Data 217

PYMNTS

MARCH 12, 2020

A collaboration between DXC Technology and Tradeshift will attempt to work out the kinks on accounts payable (AP) and procurement functions, according to a press release. The gig economy , and the vast nature of the digital landscape, have exposed the numerous different types of payment ins-and-outs available.

Analytics 142

Analytics Technology Resources Lending 142

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

Lending 129

Lending Analytics Data Security 129

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Further, GLI Finance revealed a $25.93 Further, GLI Finance revealed a $25.93

Lending 190

Lending Capital Fintech Security 190

PYMNTS

AUGUST 17, 2020

The British property technology company also plans to roll out an FCA-regulated current account in the weeks to come, according to an announcement from the firm. Hammock said it would continue to grow the breadth of lending and money offerings as the company expands and onboard more properties.

Technology 141

Technology Analytics Resources Lending 141

PYMNTS

SEPTEMBER 30, 2020

Lending marketplace October worked with major investors and raised €258 million (close to $303 million) over the summer to fund loans to small and medium-sized businesses (SMBs), the company said in a blog post. That funding will be dispersed by the end of the year from October's Instant Project technology.

Lending 154

Lending Technology Groups Payments 154

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. The post Finastra appoints Isabel Fernandez to accelerate lending business growth appeared first on Bobsguide. I’m looking forward to getting stuck in.”. Paddington.

Lending 109

Lending Leadership Community Software 109

PYMNTS

NOVEMBER 21, 2019

Banking Circle , a company that provides global B2B payment solutions, is collaborating with payment processing company Cardstream to deploy a small business lending solution. “As part of this, we wanted to deliver a more accessible lending solution for businesses in need of a financial boost. .

Lending 110

Lending Tools Payments Branding 110

PYMNTS

JANUARY 12, 2021

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate businesses’ and consumers’ shifting needs. Payors surveyed stated that they made only 45 percent of all their disbursements via non-instant payment methods, in fact.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. Integrating directly into core technology means even deeper automation, the companies noted.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

JULY 7, 2020

After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.

Lending 171

Lending Industry Fintech UX 171

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. 5) said InfraRisk will integrate its cloud-based Credit Value Maximiser (CVX) technology into Judo’s infrastructure.

Lending 131

Lending Analytics Compliance Fintech 131

PYMNTS

DECEMBER 12, 2018

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. In a statement, Co-founder of Cred and Universal Protocol Dan Schatt said the technology can be particularly applicable to the corporate finance fields. In a press release on Tuesday (Dec.

Lending 139

Lending blockchain cryptocurrency Bitcoin 139

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). ”

Lending 189

Lending Fintech National Taxes 189

Gonzobanker

JANUARY 4, 2023

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. John Brunner. The result?

Technology 78

Technology System Software Groups 78

PYMNTS

JUNE 8, 2020

Indian FinTech Infibeam Avenues , which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. “Payments-led lending is the new growth mantra for us. .

Payments 150

Payments Lending Cards blockchain 150

PYMNTS

OCTOBER 25, 2020

The pandemic sped up the need for the loan providing services StreetShares offers, the release stated, as lenders sought out software to lend money through the Paycheck Protection Program (PPP) digitally. Since January, the company has grown to 53 FI clients, nearly double what it had before.

Lending 160

Lending Community Bank Community Fintech 160