PYMNTS

NOVEMBER 24, 2020

A Kaspersky survey indicated that 47% of banking customers in the META region (Middle East, Turkey and Africa) were victims of some type of bank fraud in the first six months of this year. Banking app security was especially problematic, according to the statement.

Digital Banking 145

Digital Banking Security User Experience Fraud 145

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

Abrigo

NOVEMBER 16, 2016

Bank regulators for many quarters have expressed concern about easing underwriting standards in commercial real estate lending, especially as examiners have noticed increased concentrations of CRE loans in financial institutions’ portfolios. 17 at 2 p.m.

Lending 150

Lending Survey Risk Management Regulation 150

Abrigo

DECEMBER 18, 2023

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. But Kirby recommended examining data and surveys used to support this idea.

Risk Management 221

Risk Management Management Lending Capital 221

Abrigo

DECEMBER 15, 2016

In the 2015 Growth Strategy Survey by Bank Director , the most commonly cited areas for growth were Commercial Real Estate Lending, C&I loans, SBA loans, and Construction loans. To learn more about opportunities in small business lending, download the whitepaper Tapping Growth Opportunities in the Business Loan Portfolio.

Lending 150

Lending Millennials Study Survey 150

PYMNTS

JUNE 10, 2019

The Financial Stability Board says Basel III rules have not led to a squeeze of the small business bank lending market, according to reports on Friday (June 7). The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space.

Lending 100

Lending Capital Regulation Survey 100

PYMNTS

OCTOBER 19, 2017

A new survey released on Wednesday (Oct. The latest data from Pepperdine University’s Graziadio School of Business and Management, along with Dun & Bradstreet, found that small businesses surveyed expected slower annual revenue growth for the second half of the year. Researchers surveyed 1,176 businesses.

Survey 119

Survey Community Bank Lending Analysis 119

PYMNTS

SEPTEMBER 26, 2018

Bank has debuted its online lending portal for small business borrowers, the financial institution announced on Tuesday (Sept. Bank, which revealed its online lending platform for small businesses to access a loan or line of credit. The latest to do so is U.S. ”

Lending 128

Lending Online US Survey 128

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. It should be noted that almost all mortgage security finance (i.e.,

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

AUGUST 12, 2019

One area of impact is small business finance and lending, with small businesses and lenders seeing a slowdown in demand. Small business lending platform Funding Circle commented on this effect in its latest earnings data, noting that there has been “some deterioration” in its higher-risk small business loan bands in the U.K.

Lending 144

Lending US Capital Data 144

PYMNTS

FEBRUARY 3, 2020

Goldman, according to reports in Bloomberg, would be added to the Amazon lending platform, which has traditionally helped merchants get the funding they need to get inventory. Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission.

Lending 146

Lending Apple Study Online 146

PYMNTS

JULY 31, 2017

That’s bad news for some of the largest FIs, despite a recent uptick in small business lending activity. The 2017 report from FIS surveyed nearly 500 SMEs in the U.S. PYMNTS examines some of the most telling data from the survey below. -14% with revenues up to $500 million.

Survey 112

Survey Community Bank Community Regional 112

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

Abrigo

FEBRUARY 14, 2023

Takeaway 2 The rule is aimed at tracking small business credits to enforce fair lending laws and ID and support women- and minority-owned small businesses. Visit CFPB 1071 resources for lenders for more on data collection requirements for small business lending. Keep an eye out for potential changes in the final rule.

Data 195

Data Lending Compliance Resources 195

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

Abrigo

MARCH 15, 2022

By early 2021, a small survey of C-suite executives by CCG Catalyst Consulting found all but 6% saying they provided some form of consumer account opening online. Her firm’s survey during COVID was at a time financial institutions were using creative ways to open accounts online, she noted. That’s 54 million people. Another 22.5

Online 195

Online Lending Survey Digital Banking 195

PYMNTS

JULY 28, 2016

alternative lending space is broad, with new entrants frequently stepping in. marketplace lending in the country hit £286.7 And while alternative lending tends to grab much of the media action, a new report suggests that marketplace financing remains an under-the-radar industry for many business owners. million (about $377.3

Lending 100

Lending Survey Data Industry 100

PYMNTS

JULY 21, 2020

Consumers are more likely to fall victim to fraudulent schemes when they assume there are stricter security measures protecting their P2P app transactions than there are in truth. It also details how payment service providers can up their defenses against such threats. Fraudulent Sellers.

Security 151

Security Fraud Payments Examples 151

Abrigo

MARCH 24, 2021

Independent Banker Survey. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Technology sets up future lending success. Takeaway 3 Pricing models for loans and deposits combat margin pressure and help retain your best customers.

Lending 221

Lending Technology Survey Examples 221

MyBankTracker

MARCH 24, 2021

According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. Here are the other highlights of the survey: Highlights. So, we recommend putting the tax refund for tax year 2020 toward increased financial security. Methodology.

Taxes 52

Taxes Survey Study United States 52

PYMNTS

OCTOBER 13, 2017

Beyond the metaphor, the sheer “hugeness” of the data breach means that more of this information — sensitive and valuable information ranging from Social Security numbers to birth dates to home addresses — is available to hackers than ever before. That cat’s never coming back.

Industry 144

Industry Security eBook Data 144

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

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 2 Far fewer financial institutions regularly participate in SBA (7a) lending than the more than 5,000 that joined the PPP. . Why SBA Lending? Want other articles like this on SBA loan origination in your inbox?

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

OCTOBER 7, 2020

Economic forecasters surveyed by Bloomberg had, in the whole, predicted an increase in credit card spending. On the lending side of the equation, credit unions picked up a slightly larger share of total outstanding revolving debt in August, compared to July. billion in August compared with July.

Cards 178

Cards Lending Maine Survey 178

Abrigo

MAY 8, 2024

Yet 30% of financial services leaders ban the use of generative AI tools within their companies, according to a recent survey by American Banker publisher Arizent. Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence.

Examples 221

Examples Fraud Resources Risk Management 221

Perficient

JULY 11, 2022

According to a survey by Lending Tree , nearly 70% of BNPL users admit to spending more on purchases when BNPL is an option than they do if they have to pay for everything upfront, bringing up the average value per order and resulting in higher profits for participating merchants. Looking Ahead in the BNPL Landscape.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

OCTOBER 3, 2019

Loan fraud is a less-discussed — but not less threatening — trend hitting banks, credit unions and other financial service providers, particularly as traditional and alternative players usher in digitization and an online-only lending process. percent of overall revenue to lending fraud, compared to as much as 5.8

Fraud 158

Fraud Lending Technology Survey 158

Abrigo

MARCH 25, 2020

Key Takeaways Financial institutions have an opportunity to participate in a huge expansion of SBA lending programs under a stimulus package expected to be voted on by the Senate. Streamline SBA 7(a) lending processes. Lending & Credit Risk. Lending & Credit Risk. Lending Regulation. learn more. Learn More.

Lending 195

Lending Capital Compliance Survey 195

PYMNTS

SEPTEMBER 24, 2018

In the latest research of small business lending trends, researchers have found evidence to be optimistic. The research also offers a glimpse into the struggle for alternative lending players to prove their worth as an important source of financing for small businesses that can’t access a bank loan. Analysts said a survey of U.K.

Data 158

Data Lending Survey Community 158

Jeff For Banks

APRIL 12, 2018

When I first read Standards Needed for Safe, Small Installment Loans from Banks, Credit Unions by the Pew Charitable Trusts that encouraged financial institutions to get back into small ticket consumer lending, I thought “what are they nuts!” So why would banks expand small-ticket, unsecured personal lending? Real estate secured.

Lending 60

Lending Resources Community Metro 60

PYMNTS

AUGUST 2, 2020

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one.

Minneapolis 173

Minneapolis Denver New York Capital 173

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” A recording of the hearing is available here. .

Fraud 78

Fraud National Security social media 78

PYMNTS

NOVEMBER 13, 2018

Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability. Yet, almost half of the businesses surveyed use checks to send or receive payments on a daily basis.

Payments 192

Payments Survey Innovation Guidelines 192

FICO

MARCH 13, 2019

To answer that question (and more), FICO has released the findings from our second annual global consumer survey on vehicle finance perceptions. Canadian consumers were the most likely to secure financing through dealerships—66%. Bank / financial institution lending held steady. Close any customer experience gaps.

Survey 73

Survey US eBook Online 73

Abrigo

JUNE 5, 2023

This report requires (and therefore improves) communication between the credit and lending area of the bank or credit union and those responsible for liquidity management. In the case of Silicon Valley Bank, the bank needed liquidity fast due to significant depositor withdrawals and had to liquidate its securities portfolio.

Report 195

Report Risk Management Capital Data 195

PYMNTS

MARCH 20, 2018

In 2018, 22 percent of SMBs surveyed said non-bank lenders were their top funding choice, up from 11 percent in 2014, according to reports in Dynamic Business on Monday (March 19). In another statement, Stuart Stoyan, the chair of Fintech Australia, said the survey results demonstrate the “extremely important role” of alternative finance.

Fintech 118

Fintech Lending Survey Innovation 118

PYMNTS

NOVEMBER 4, 2020

There are also new limits on asset-backed security issuance by microlenders. Of 118 central banks and regulators surveyed, 60 percent said there had been a boost in digital payments. About 14 percent of respondents from advanced economies and 12 percent from emerging markets have seen gains in digital lending.

Fintech 175

Fintech Regulation Survey Report 175