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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.”

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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.

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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.

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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. .

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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

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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

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Why Regulation Won’t Fix Credit Reporting Agencies

PYMNTS

That year, two grocery store owners opened a small business to help merchants trade financial information that would make it easier for all of them to access that information and make lending decisions. That business was called The Retail Credit Corporation.

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