PYMNTS

SEPTEMBER 12, 2018

In its monthly Small Business Lending Index, released Tuesday (Sept. When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement.

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Lending Community Bank Taxes Community 102

PYMNTS

JANUARY 3, 2020

Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at least the traditional retail model, continues into the new year, and across oceans. The retail sector is among the largest employers in the U.K.,

Retail 131

Retail Samsung National Taxes 131

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.

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Lending Fintech Atlanta Capital 116

PYMNTS

AUGUST 28, 2018

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. regional bank executives were gearing up for a bumper year, according to Bloomberg. Bancorp , the largest regional bank in the U.S.,

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Lending Taxes Rhode Island Regional 100

PYMNTS

MAY 2, 2017

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

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Puerto Rico Lending Online United States 118

PYMNTS

NOVEMBER 27, 2017

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., The Thanksgiving, Black Friday, Small Business Saturday and Cyber Monday sales officially kickoff the holiday spending bonanza, and this year did not disappoint. Here are the numbers: $7.9

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Lending social media Data Cards 100

PYMNTS

NOVEMBER 15, 2020

The deal, the report stated, would result in a bank with over $550 billion in assets and the fifth-largest retail bank in the country. Big bank mergers have been scarce in the past decade since the financial crisis of the late 2000s, but despite that rarity, regional lenders have felt the crunch from bigger rivals like J.P.

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Report Alabama US Texas 247

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 195

Fintech Lending Software Compliance 195

Payments Source

JULY 26, 2017

The new Explore Visa card is seen as a "bridge" to more traditional banking services, said Regions' head of retail products and payments.

Regional 61

Regional Cards Security Retail 61

Abrigo

FEBRUARY 17, 2015

Which areas of lending and what banks are driving the expansion? Community banks (under $10 billion in assets) and regional banks (between $10 and $50 billion) represent 21 percent and nine percent, respectively. Agricultural lending represents two percent, and all other loan types represent the remaining 12 percent.

St. Louis 150

St. Louis Lending Community Bank Regional 150

PYMNTS

AUGUST 12, 2016

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. In the U.K.,

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Lending Comparison Industry Innovation 100

PYMNTS

MARCH 20, 2020

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. HSBC is the first local lender to launch such a partnership with a technology company, to use big data to approve trade finance lending. The competition will be keen.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

SEPTEMBER 29, 2020

But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. The other 50 percent, he said, comes from the SMBs that are being overlooked by the traditional financial services community, he told PYMNTS — and who create a majority of jobs in the region. trillion globally, according to Shoihet.

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ABA Community Banking

JANUARY 8, 2020

Regions Bank exemplifies the latter mindset. The post Podcast: A Continuous Cycle of Tech Investment at Regions Bank appeared first on ABA Banking Journal.

Regional 52

Regional Innovation Technology Customer Experience 52

PYMNTS

MAY 10, 2016

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. ” He added that in 2016, roughly a quarter of European banking revenue (€128B) will come from retail payments. On the P2P lending side, those numbers were even less favorable. In the U.K.,

Regional 100

Regional Payments Study Cards 100

South State Correspondent

AUGUST 20, 2015

Mortgages, autos, consumer and other retail-type of loans tend to be more standardized since liquidity is greater. However, when it comes to commercial lending, the difference between banks can be wide. One bank’s “3” rated credit can be another bank’s “6.”

Community Bank 150

Community Bank Regional Lending Community 150

PYMNTS

APRIL 29, 2020

In today’s top news, WhatsApp is considering offering credit and lending to users in India, and the Bureau of Economic Analysis estimated that GDP dropped 4.8 Plus, the Federal Reserve is asking banks for advice on its new Main Street lending program. Fed Turns To Banks For Feedback On Main Street Lending Program.

Lending 130

Lending Payments Maine Analysis 130

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. People are revaluating their footprints and rebalancing their retail footprints,” he told Webster. “In Gearing Up For Disruption.

Google 282

Google Examples Regional Lending 282

American Banker

OCTOBER 20, 2020

Weak loan demand, persistently low yields and the continued struggles of sectors such as hospitality and retail are among the myriad lending challenges facing small regional banks.

Regional 53

Regional Lending Retail 53

American Banker

JUNE 22, 2016

They are creating new business lines, teaming with established retailers, even partnering with alternative lenders in an effort to diversify and generate new streams of revenue. Frustrated by low yields on commercial and real estate loans, banks are finding innovative ways to beef up their consumer loan books.

Regional 43

Regional Lending Innovation Retail 43

PYMNTS

AUGUST 17, 2020

PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Twenty-eight percent of PREIT’s portfolio consists of local and regional tenants.

Philadelphia 164

Philadelphia Regional United States Community 164

PYMNTS

AUGUST 11, 2017

According to a report by the country’s 12 regional Federal Reserve banks, over half of all startups report difficulty in securing loans, and 81 percent report having had to dip into their personal funds to cover gaps in their corporate cash flow. Plus, PayPal can do what it most wants to: meet more of the needs of its customers.

Lending 117

Lending Capital Video Online 117

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. P2P lending), and new payment schemes. The retailer combines the in-store and app experience to enhance the customer buying process. As expected, it was a great way to read the temperature of the banking industry.

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PYMNTS

FEBRUARY 18, 2019

billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms, according to a Reuters report. The Chinese ministry said their teams “successfully brought back 62 criminal suspects from 16 countries and regions, including Thailand and Cambodia.”. The charges stem from illegally using P2P platforms to gather funds.

Lending 129

Lending Regional Operations National 129

PYMNTS

JANUARY 7, 2020

Research companies predict for the digital lending market in Southeast Asia to more than quadruple to $110 billion in the next five years. Their holders can take deposits from retail customers, but must have $1.5 Gaming company Razer has teamed up with regional Singaporean entrepreneurs and other Asian billionaires.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

FEBRUARY 13, 2020

Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. Other, Individual presentations (with just three of the main markets noted below) delved into the market specific opportunities by region and country, detailing total addressable markets that stretch into the trillions of dollars.

Payments 163

Payments Regional America Cards 163

PYMNTS

FEBRUARY 18, 2020

Though incremental and relatively small in scale, the PBOC moves indicate that commercial lending requires at least some support to keep the economy growing, even at a dramatically reduced rate, amid an outbreak that has seen more than 64,000 individuals infected worldwide. According to Zhou Guannan, an analyst at Huachuang Securities Co.,

Policies 130

Policies Retail New York Lending 130

PYMNTS

DECEMBER 30, 2019

The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions. Reuben Lai, Senior Managing Director with Grab Financial Group, said the core of their mission has always been to “solve everyday challenges and unlock economic potential” in the region.

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Digital Banking Groups Online Regional 134

Bank Innovation

JANUARY 6, 2020

Jack Henry, the banking technology provider that specializes in community and regional banks, is expecting banks to increase their human-digital approaches in 2020.

Community 243

Community Regional Technology Company 243

CB Insights

FEBRUARY 13, 2020

Business lending and corporate cards. Square has since expanded its offerings to standalone, integrated point-of-sale terminals, as well as a broader ecosystem of applications and services such as lending (Square Capital), payroll services (Square Payroll), and rewards (Square Loyalty). Fraud prevention tools. Virtual card issuance.

Online 98

Online Company Retail Payments 98

PYMNTS

OCTOBER 8, 2018

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. community banks and small business lending.

United States 174

United States Regulation cryptocurrency Cleveland 174

PYMNTS

SEPTEMBER 24, 2018

in an effort to strengthen its retail business. bank based on deposits and branches, reported CNBC, although there are areas and regions where the bank isn’t dominant. The move is part of an earlier plan it announced in January, in which it said it would open 400 branches around the U.S. JPMorgan is the largest U.S.

Philadelphia 133

Philadelphia Trends Delaware New Jersey 133

PYMNTS

AUGUST 25, 2019

Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories. Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint China Ventures, according to Deal Street Asia.

Data 109

Data Fintech Lending Regional 109

PYMNTS

NOVEMBER 22, 2019

The fund has also invested in delivery company Rappi, lending outfit Creditas and tech company QuintoAndar. Brands and retailers want reliability and the ability to test their own innovations. Gomide said VTEX needs to look beyond just serving its own region. “At

Software 108

Software America Regional Tools 108

PYMNTS

FEBRUARY 11, 2019

“It is our strategic direction to enhance our digital technology capability, to deliver a better customer experience,” said Thanachart Bank EVP of Retail and Small Business Banking Anuwat Luengtawekul in a statement. Beehive first launched in 2015 in the United Arab Emirates (UAE) to link SMBs to its marketplace lending solution.

Fintech 109

Fintech Tools Customer Experience Regional 109

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. See all of the latest B2B fundraises below.

Capital 128

Capital Lending California Regional 128

PYMNTS

JUNE 15, 2020

While our lending business has served Main Street small businesses for years, we knew that as our sellers and their communities were facing deep economic uncertainty, we could play a meaningful role in disbursing stimulus funds,” said Jacqueline Reses , the head of Square Capital, in a statement. “I’m

Capital 141

Capital San Francisco New Jersey Massachusetts 141