PYMNTS

FEBRUARY 28, 2020

The hearing, according to the Committee on Small Business’ website , “will explore how innovators and entrepreneurs are using blockchain technology to help small businesses boost productivity, increase security, open new markets and change the way business is done.”

blockchain 249

blockchain US Innovation Lending 249

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. “The cooperation is a good fit between us,” said Victor Li, head of Pintec International Business, in a statement.

Lending 131

Lending Analytics Compliance Fintech 131

PYMNTS

JULY 29, 2020

“Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. subsidiary of Japan’s Monex , is launching its own crypto lending service called Crypto Earn, according to Cointelgraph. Meanwhile, TradeStation , the U.S.

cryptocurrency 165

cryptocurrency Bitcoin Lending Data 165

PYMNTS

OCTOBER 25, 2020

FinTech StreetShares , which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding round, according to a press release. StreetShares launched in 2019. Since January, the company has grown to 53 FI clients, nearly double what it had before.

Lending 160

Lending Community Bank Community Fintech 160

Abrigo

MAY 11, 2020

Some customers have been frantically trying to secure a Paycheck Protection Program (PPP) loan, which has left borrowers and lenders working through the night and early in the morning to submit their applications. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. Learn More.

US 195

US Lending Community Technology 195

PYMNTS

APRIL 24, 2017

Small business lending activity across the globe is in flux. China saw a whopping 17 percent increase in small business lending in Q1, while U.S. We break down the latest on SME lending in these key markets. banks are rebooting their efforts to capture SMEs from their alternative rivals. A dip of 1.1

Lending 100

Lending US Capital Community 100

PYMNTS

OCTOBER 29, 2020

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, leveraging the cloud to deploy digital banking has allowed us to introduce updates more often and innovate faster.

US 203

US Fintech Tennessee Compliance 203

PYMNTS

AUGUST 12, 2020

Securities and Exchange Commission (SEC) on Monday (Aug. investors gives us confidence to proceed with the IPO plan despite the impending crackdown by U.S. ” Lufax , which hopes to raise $3 billion with its IPO, has shifted away from peer-to-peer lending to focus on wealth management and retail lending. .”

US 147

US United States Lending Regulation 147

PYMNTS

MARCH 2, 2016

billion goodwill impairment charge tied to its consumer lending unit. And, in another bit of not-so-good news, the bank said that executives at the consumer lending unit have delayed filing the annual report mandated by the Securities and Exchange Commission, due to lingering concerns on how Santander Consumer USA Holdings Inc.

Lending 100

Lending US United States Company 100

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community bankers are increasingly recognizing that the future of digital lending is here. By Beth Mattson-Teig.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

NOVEMBER 13, 2020

has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans to venture capital-backed companies. . Horizon's investment will help us further accelerate our growth.". Peer-to-peer car-sharing platform Getaround Inc.

Security 168

Security Capital Mobile Technology 168

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 no doubt about it: Alternative lending had a stellar week.

Lending 100

Lending US Capital Report 100

Accenture

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Stay tuned for next quarter’s report on US consumer credit card trends. Mobile & tech. Click/tap to view larger. Click to view larger.

Cards 158

Cards US Taxes Apple 158

PYMNTS

DECEMBER 2, 2019

Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the “oversubscribed” funding round — one of the largest for a FinTech startup in Southeast Asia.

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

SEPTEMBER 17, 2019

challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind down commercial lending operations. law firms had opened investigations into the bank on behalf of investors over concerns of alleged securities fraud. Following a series of setbacks for U.K.

Metro 100

Metro Lending Fraud Capital 100

PYMNTS

AUGUST 18, 2019

Carolyn Maloney, Lacy Clay, Al Green and Stephen Lynch — who wrote a letter calling for Facebook to stop its plans, citing risks to security, financial stability and the control the U.S. It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S.

US 173

US social media Policies cryptocurrency 173

PYMNTS

APRIL 26, 2019

In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. India’s FinTech boom hasn’t ignored the B2B payments realm, and industry player EnKash recently secured new funding to prove it. Interestingly, U.S.

Fintech 176

Fintech US Lending Capital 176

PYMNTS

MARCH 1, 2019

Their deal sees Equifax providing SBFE members and other authorized customers with access to SBFE small business lending data as a certified vendor, supplementing Equifax’s data provided through its Commercial Finance Network. In a statement, Equifax U.S. ”

Lending 118

Lending Data Security Capital 118

PYMNTS

OCTOBER 19, 2020

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. They also want a document automation process that helps enhance their current security and compliance posture,” she explained. Lending DocAI is part of Google's Document AI portfolio for the mortgage industry.

Google 264

Google Tools Lending Industry 264

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. 3) that it secured $250 million in equity funding from a subsidiary of SoftBank Group.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

FEBRUARY 12, 2018

9) noting iGTB will lend its cash management platform, CBX 18, to Pivotal clients via its Pivotal Cloud Foundry cloud platforms. in particular, allowing us to deliver one of the most sophisticated corporate banking platforms on the market.”. The companies made an announcement Friday (Feb.

Lending 158

Lending Analytics Software Customer Experience 158

PYMNTS

JULY 29, 2020

“Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. subsidiary of Japan’s Monex , is launching its own crypto lending service called Crypto Earn, according to Cointelgraph. Meanwhile, TradeStation , the U.S.

cryptocurrency 145

cryptocurrency Bitcoin Data Security 145

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Facilitation of embedded lending while ensuring compliance: Embedded finance initiatives must adhere to regulatory requirements.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

JULY 19, 2018

s TrueLayer has secured a new round of funding, while Lativa’s Robo.cash and LLP Zaymer are working together to provide an opportunity to invest in installment loans. based TrueLayer, which provides application programming interfaces (APIs) for finance uses, has notched $7.5 teaming up to launch Razer Pay in Singapore.

Security 100

Security Lending US Payments 100

PYMNTS

OCTOBER 21, 2020

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. In the past, the startup was supported by P2P lending and institutional capital. Last year Insight Investment supported the digital lender with a 1.5

Lending 258

Lending Customer Experience US Capital 258

PYMNTS

JUNE 6, 2018

Alternative lending platform BlueVine has announced its latest investment to the tune of $60 million. BlueVine said it will use the funds to expand its invoice factoring and business line of credit products, as well as to explore new products for small- and medium-sized business (SMB) borrowers.

Lending 131

Lending Capital Fintech US 131

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Target auto-debit at 90%+ in all small business digital lending processes.

Lending 126

Lending Community Bank Community Data 126

PYMNTS

APRIL 26, 2017

Online lending as a business model has taken some lumps over the last several months, with Lending Club (and investors) only the most visible casualty of alleged fraud. As for questions surrounding the viability of these online lending platforms, as posited by Webster, Moore said the model exists as one that is here to stay.

Lending 101

Lending New York City Online Fraud 101

PYMNTS

MARCH 8, 2019

Signing up for a new financial product or service needs to remain as convenient and secure as possible if third-party providers want to gain the trust and loyalty of modern consumers, said Didier Baclin, chief innovation officer of U.K.-based Security, verification and the benefit of data. company, TrueLayer. “But

Lending 135

Lending Data Security Regulation 135

PYMNTS

AUGUST 19, 2019

The funds will be used to expand the company’s lending base, build technology and boost analytics capabilities. Harsh and team continue to impress us with their energy, passion and tenacity in scaling Lendingkart to greater heights. Lendingkart reported a three-fold increase in its consolidated revenue to $13.1

Security 116

Security Maine Analytics Groups 116

PYMNTS

OCTOBER 3, 2016

Toronto-Dominion Bank is looking to strengthen its corporate lending in the U.S, Head of TD Securities Glenn Gibson in an interview with Reuters. European bank shares have taken a hit recently , despite an increase in corporate lending, a bit of an anomaly for analysts. corporations, reports said on Friday (Sept.

US 159

US Lending Strategy Report 159

BankBazaar

APRIL 19, 2023

Why did US banks collapse? The US regional banks were under pressure as concern grew among customers and investors about the financial health of the banks in the country. While the government is trying its hard to pacify investors’ fears, regulators are trying to find new buyers to take over SVB’s domestic lending portfolio.

US 78

US United States FDIC Regulation 78

The Paypers

APRIL 18, 2022

Alternative lender Capital On Tap has secured a USD 200 million funding to further expand its lending in the US.

Capital 36

Capital US Lending Security 36

Commercial Lending USA

FEBRUARY 12, 2024

FHA/ HUD LoansCommercial Lending USA is proud to offer FHA/HUD loans ranging from $2 million to $100 million. Additionally, we offer bridge and mezzanine financing programs for qualified clients seeking interim financing while working towards securing a permanent FHA loan.

Lending 52

Lending Meeting Policies Regulation 52

Gonzobanker

AUGUST 17, 2022

Here’s a few recent ones that caught our attention, and please, “Give us some slack, teach” on the school themes, ok? Lending Tech With Almost Steady Grades (Even With Rough Semesters). Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

APRIL 16, 2019

Its debt levels dropped by 13 percent and the FI cut 7 percent of its staff, while resources have been reallocated to other key areas of the bank’s operations, including foreign exchange, transaction banking and secured lending, reports said. investment banks, including Goldman Sachs.

US 122

US Operations Resources Regulation 122

Abrigo

OCTOBER 21, 2021

Takeaway 3 Exploring lending opportunities and examining loan and deposit pricing are among steps that make sense while awaiting a Fed rate hike. If the pandemic has taught us nothing else, it is that “typical” does not fit well in our vocabulary and that economic recovery is not a straight pathway. Economic Indicators.

Lending 195

Lending Strategy Trends Marketing 195