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

Abrigo

AUGUST 28, 2019

Slow lending decisions and frustrating loan application processes are among borrowers’ biggest gripes with traditional financial institutions vs competitors such as online or alternative lenders. A look at the steps of an institution relying on manual processes and an institution utilizing technology sheds light. Get started.

Lending 150

Lending Analysis Taxes Data 150

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

Gonzobanker

MARCH 9, 2022

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. This tech is also aimed to serve as the challenger bank or “sidecar” core offering for the digital subsidiaries of community and regional banks.

Financial Technology 149

Financial Technology Technology Fintech Community 149

Banking Exchange

NOVEMBER 19, 2019

For community and regional banks one area that remains largely untapped is commercial lending Community Banking Feature Feature3 Bank Performance The Economy Management Financial Trends Lines of Business Technology Retail Banking.

Lending 60

Lending Trends Community Bank Regional 60

PYMNTS

OCTOBER 2, 2018

We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product.

Lending 134

Lending Alabama Online System 134

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). listed technology companies have raised that much or more. Sources also said that GreenSky could attempt to raise $1 billion, which would be a rare feat. In fact, since 2015, just six U.S.-listed

Lending 116

Lending Fintech Atlanta Capital 116

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

Lending 134

Lending Fintech Guidelines Meeting 134

Bank Innovation

APRIL 13, 2020

Rapidly deployed automation technologies are helping community and regional banks keep up with the deluge of applications. The Small Business Administration launched its Paycheck Protection Program loans more than a week ago and banks have been racing to keep up with the volume ever since.

Innovation 370

Innovation Regional Community Technology 370

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. Despite lending £6.7

Fintech 144

Fintech Lending Regional Regulation 144

Abrigo

FEBRUARY 23, 2023

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. Technology through a trusted partner that automates those and other tasks frees up staff “for what you’re really paying for, and that’s business development,” Kirby noted. “I

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

JUNE 2, 2015

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

Lending 150

Lending San Antonio CA Sacramento 150

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

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., Deloitte, Unqork, Plaid Debut Lending-as-a-Service Tool. ” Plaid Unlocks Payroll Data to Support PPP Lending. .”

Data 167

Data Lending Regional Fintech 167

ABA Community Banking

JANUARY 8, 2020

As banking becomes ever more technology-driven, many banks are shifting from a mindset that puts big tech projects off to one side to one that embraces ongoing innovation, development and deployment. Regions Bank exemplifies the latter mindset.

Regional 52

Regional Innovation Technology Customer Experience 52

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.

Puerto Rico 118

Puerto Rico Lending Online United States 118

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. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109

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 talk that alternative finance is dead. Well, in the U.S.,

Lending 100

Lending US Capital Report 100

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. discussed how they use continuous monitoring in their efforts to ensure safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. B2B startup D3 Banking provides financial institutions and non-banks with technology to strengthen their digital banking strategies for their own individual and corporate customers. Alternative Lending.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

SEPTEMBER 4, 2019

challenger bank B-North has tapped two FinTechs to power its small business lending and banking operations. B-North unlocks real benefits by harnessing the best technologies and combining them with our unique regional origination approach. “We In a press release Tuesday (Sept.

Lending 115

Lending Regional Fintech Operations 115

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. banking system needs a bit of jostling. In the U.K.,

Lending 100

Lending Comparison Industry Innovation 100

PYMNTS

APRIL 28, 2016

Marketplace lending has grown in popularity and so has the CFPB’s own knowledge of a variety of lenders in the market,” said Lucy Morris, a partner at Hudson Cook and the CFPB’s former deputy enforcement director. The CFPB has been pursuing this quietly for some time.

Lending 100

Lending Chicago Regulation Regional 100

PYMNTS

DECEMBER 8, 2019

B-North wants to disrupt the £154 billion UK business lending market. The majority of SME lending is via the big High Street banks and our experience shows they often use outdated ‘legacy’ systems, rigid lending policies, and faceless, centralized processing centers. percent in equity at a £14,247,942 ($18.7

Lending 131

Lending Regional Policies Operations 131

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

American Banker

JUNE 22, 2016

Kabbage is licensing its digital lending technology to one of Canada's largest banks, which plans to offer an online application process to small businesses.

Lending 51

Lending Technology Online Regional 51

PYMNTS

JANUARY 26, 2020

AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. But AlphaCredit CEOs and co-founders José Luis Orozco and Augusto Álvarez were happy about the opportunity, saying it would give them the chance to keep providing cutting-edge technology for fast, easy and flexible service.

Fintech 247

Fintech America Capital Regional 247

PYMNTS

FEBRUARY 18, 2020

The company provides customers with trust system and identity solutions to aid in the areas of eCommerce and lending, particularly in terms of credibility. The region also experiences some of the highest fraud rates, in both finance and eCommerce. percent of web-sourced revenue in the region is lost to fraud, according to CyberSource.

Regional 171

Regional Lending Fraud Maine 171

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Finastra Chosen by Community FI. Faster Payments scheme. Surecomp Debuts as-a-Service Offering.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

MARCH 20, 2020

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group , have announced they will offer rapid finance approvals to online merchants that use Chinese shopping site Tmall, according to reports. The paper said that HSBC hasn’t ever used third-party data to approve trade financing.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

MAY 10, 2016

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. “The overarching goal of the study is to start comparing consumer trends in order to start predicting consumer behaviors in terms of how technology is influencing payments adoption.”

Regional 100

Regional Payments Study Cards 100

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg. Ant currently has two lending units that handle consumer loans, Huabei and Jiebei.

Groups 141

Groups Regulation Lending Operations 141

Abrigo

DECEMBER 1, 2020

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

PYMNTS

OCTOBER 14, 2020

The four intended to start a new marketplace software product for the Latin America region. And the company plans to offer a wide diversity of financial services, with new lending services based on revenue added to the payment processing it already offers, according to reports.

America 215

America Regional Lending Online 215

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Below, PYMNTS breaks down the latest in B2B FinTech funding. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179