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5 Big reasons to go digital with SMB & commercial lending

Abrigo

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. APIs and digital doc prep ease the workload on your SMB and commercial lending staff, too. . Digital lending.

Lending 195
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Open Banking Deepens Its SMB Accounting, Lending Presence

PYMNTS

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. FreshBooks Inks Tax Integration Deal. Small business lending company Simply Asset Finance recently announced that it has completed its first funding deal using Open Banking.

Lending 217
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For faster loan origination, stop doing this

Abrigo

How to close more loans by speeding up lending and credit analysis Seeking a quicker loan origination workflow is worth it. Takeaway 3 Many aspects of traditional lending that slow down the loan origination process can be addressed through expanded automation. Learn where to find opportunities for improvement.

Lending 221
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Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In 2019

PYMNTS

Chinese Tech Investments In US Plummet. What Amazon At 10 Can Teach Us About Uber At 10. China’s Central Bank To Start Re-Lending Funding To Fight Virus. Amazon (And Others) Brace For India’s New eCommerce Tax. India has levied a new tax on eCommerce companies and platforms.

US 142
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Q1 2019: US credit card issuer snapshot

Accenture

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. Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Key themes. Click/tap to view larger.

Cards 158
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The case for end-to-end digital lending

Independent Banker

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
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Assessing Global Cash Flow Post Pandemic

Abrigo

The What, When, and How of Global Cash Flow While many institutions have already implemented global cash flow, are they using it effectively in the post-pandemic world? Takeaway 1 Global cash flow can provide a more holistic lending picture as lending decisions have become more complex. When to use GCF at your institution.

Analysis 195