Remove 2001 Remove Lending Remove Technology
article thumbnail

Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Ready to catch the next wave of lending growth? Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. You might also like this paper on how institutions can produce smarter, faster lending. C&I lending will be the next “bomb.”

Lending 195
article thumbnail

Facebook Faces Billions In Possible GDPR Fines

PYMNTS

community banks and small business lending. Specifically, regulations under the Community Reinvestment Act should also embrace technological changes, said Mester in remarks last week, that have come since the Act was last reviewed by regulators two decades ago. As has been reported, the U.S. As has been reported, the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

First New Community Bank In Decades Headed To US Market

PYMNTS

“The bank’s focus is to create financial equality throughout the communities served, by combining the latest technological advancements with community banking values,” MOXY said in its announcement last year before the FDIC’s recent approval. In a report published last year, the U.S. have emerged to do. .

article thumbnail

Solve This Problem with Your Strategic Horizon

South State Correspondent

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. By 2001, Polaroid was out of business.

article thumbnail

Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

iTunes dominated after its 2001 release by putting two things in one place that had never existed before: a digital MP3 player that actually worked, properly paired with a store that made accessing music for a small fee much easier than trying to pirate it. The shuttering comes as JPMorgan has spent heavily on technology, with $11.5

Apple 122
article thumbnail

B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

raised $10 million from SEB Bank and Seed Capital for its commercial card technology. million as it prepares to launch its lending-in-a-box offering, according to Asset Finance International. Bancorp in 2001 in a $2.1 Venture Capital Funding. Cardlay, based in the U.K., Also in the U.K., Funding Xchange secured $10.3

Strategy 109
article thumbnail

The 25 Biggest Banking, Mortgage, Lending & BankTech Conferences & Events in 2025

Fintech Labs Insights

Note: FintechLabs curates the financial technology event list based on our 20+ years in the business. We recommend purchasing your ticket as soon as possible since prices rise dramatically in the six weeks leading up to the event. You can easily save $1,000 or more on a pair of tickets.