PYMNTS

JUNE 7, 2019

Europe’s Financial Stability Board said Friday (June 7) that higher bank capital requirements put on the books during the financial crisis will remain. When the banks were required to increase their capital back in 2010 they argued it would hurt their ability to keep up their lending pace. In January the U.K.

Capital 100

Capital Lending Regulation Meeting 100

PYMNTS

JULY 10, 2018

Coming up on the half mark in 2018, total fundraising on the continent has hit $168.6 The two biggest players in the FinTech startup have been Cellulant — a digital payments operation currently up and online in 11 African countries — and the online micro-lending startup Branch. So why the boom? Cellulant raised $47.5

Lending 100

Lending ATM Online Course 100

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 110

Policies Lending Capital Study 110

PYMNTS

APRIL 5, 2019

SoLo Funds announced it has added a Mastercard integration so users can link their debit accounts to the peer-to-peer (P2P) lending platform. This integration brings us a step closer to our goal of transforming the lending sector by providing timely access to small loans through everyday mobile users.”.

Lending 167

Lending Survey Course Community 167

Bank Innovation

NOVEMBER 15, 2017

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

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Conference Innovation Fintech How To 225

PYMNTS

JANUARY 7, 2021

7) that it was merging with publicly-traded Social Capital in an $8.6 Noto will continue in his role as CEO which he has held for three years since arriving from Twitter in 2018, where he was COO, and prior to that the NFL, where he served as CFO. Online FinTech startup SoFi announced Thursday (Jan.

Capital 150

Capital Los Angeles Boston Lending 150

Bank Innovation

APRIL 24, 2018

EXCLUSIVE - Known as one of the first technology companies in Europe to procure a German banking license, solarisBank has lofty ambitions for 2018. That plan, according to Timo Weber, VP of strategy and internationalization, is to add 50 more partners over the course of the year. “A A big part of our effort this year […].

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Fintech Course Strategy Technology 268

PYMNTS

JANUARY 10, 2019

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be eased, reported Reuters. 10) to look at the estimates for how the banks performed for the fourth quarter of 2018. RBI ’s Board for Financial Supervision met on Thursday (Jan.

Lending 128

Lending Capital Meeting Report 128

PYMNTS

JANUARY 2, 2019

The P2P lending market in China has been rife with scams and controversy for some time now. Bloomberg, citing people with knowledge of the matter, noted that Chinese authorities are gearing up to shut down small and medium-sized P2P lending platforms across the country. trillion yuan by the end of 2017, reported Bloomberg.

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Lending Marketing Regulation Groups 153

PYMNTS

APRIL 18, 2019

The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Compared to 2017 figures, small businesses have increased their demand for capital. Nearly one-third sought financing online in 2018, an increase from 24 percent in 2017.

Capital 109

Capital Survey Online Lending 109

TheGuardian

MARCH 16, 2021

Sources have told the Guardian that Cameron , who was an adviser and shareholder in Greensill, travelled to Sydney in 2018 and during his stay met with Greg Brereton, an employee at a small insurance company called The Bond & Credit Co (TBCC).

Capital 95

Capital Lending Meeting Report 95

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending.

Lending 195

Lending How To FDIC Survey 195

PYMNTS

JULY 12, 2018

and Tata Capital has rolled out a new lending platform in India. At first, the company will be referred to as ‘TransUnion, formerly Callcredit’ and will then be known as just TransUnion later in 2018. In other news, India’s Tata Capital has rolled out an online working capital platform for its customers, the company said.

Capital 100

Capital US Fintech America 100

PYMNTS

APRIL 19, 2019

Small business lending technology company Lenderfit has rolled out its services in beta, connecting financial institutions to solutions to facilitate small business lending. He told the publication that Lenderfit began as a way to address the small business lending challenges of nonprofit investment firm Access Ventures.

Lending 128

Lending Louisville Kentucky Survey 128

PYMNTS

JANUARY 22, 2021

22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. One proposition is a 9 percent core capital requirement on the top tier, akin to banks. That could be aimed at getting more capital or increasing competition.

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Regulation Capital Lending Groups 272

PYMNTS

FEBRUARY 7, 2019

6) said an examination of the largest banks’ tax savings found that most met or exceeded their expectations, saving a combined $21 billion from their tax bills in 2018. Overall, the top banks saw lending grow by 2.3 percent in 2018, compared to a 3.6 Reports in Bloomberg on Wednesday (Feb. Bank of America paid an 18.6

Taxes 122

Taxes Lending National New York 122

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

Capital 175

Capital Security cryptocurrency Fraud 175

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. Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report.

Lending 129

Lending Analytics Data Security 129

PYMNTS

APRIL 29, 2019

Twenty-nine percent of SMB CEOs said economic conditions had recently improved , Vistage’s Q1 analysis revealed, a significant decline from the 44 percent who said the same in Q4 2018, and even more of a drop from the 62 percent who agreed in Q1 2018. middle-market in the recently released Golub Capital Altman Index.

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Lending Michigan Community National 168

PYMNTS

DECEMBER 26, 2018

Eight credit unions closed in 2018, and they affected an estimated 14,000 people with a collective £25 million in savings. Even some of the more successful CUs have had to curtail lending. Largely hailed as safe alternatives to payday loan firms, credit unions in the U.K. Credit unions cap rates at 3 percent a month.

Regulation 134

Regulation Capital Lending Policies 134

PYMNTS

AUGUST 1, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. Australian regulators have been pressuring the nation’s top banks to improve their small business lending practices.

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National Lending Capital Regulation 100

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. Outside the US: 44% of the 2018 Fintech 250 are based outside the US. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

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. Necessity is the mother of invention. Behind the Numbers .

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

JUNE 12, 2018

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. The Coming Risk Assessment Reset.

Lending 116

Lending Security Philadelphia Dallas 116

BankUnderground

JULY 7, 2020

The yellow and blue series display the new “global” data in nominal and real terms: these have to be constructed from a wide array of scattered archival and printed sources, and should be thought of as a DM public long-term debt series that incorporates both consolidated and unconsolidated voluntary lending across the full risk spectrum.

CA 141

CA Trends Exercises Data 141

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? Source: DeBanked ) Square Capital lent about $1.6 Source: DeBanked ).

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Lending Community Bank Community Data 116

Abrigo

JULY 5, 2020

Credit unions like Telhio Credit Union in Central Ohio had employees working around the clock to help with PPP loans, and they used an SBA lending solution that automated the origination process, as well as the forgiveness and administration phases. The SBA didn’t break out larger credit union PPP lending activity.) get started.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

OCTOBER 2, 2018

We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. The company has added three others since then and noted more partnerships will be announced in the latter part of 2018.

Lending 134

Lending Alabama Online System 134

BankUnderground

NOVEMBER 13, 2024

David Elliott, Ralf Meisenzahl and José-Luis Peydró Capital flows and credit growth are strongly correlated across countries. Empirical challenges A key empirical challenge in comparing lending by banks and nonbanks is that different institutions lend to different borrowers.

Policies 58

Policies Lending US Chicago 58

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. The news reveals CEO Anthony Noto 's aspirations to go public after he succeeded SoFi Co-Founder Mike Cagney in 2018. SoFi was valued at $4.8

Report 269

Report San Francisco Lending America 269

CB Insights

MARCH 20, 2019

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). Meituan Dianping.

Company 70

Company San Francisco Capital Software 70

PYMNTS

NOVEMBER 20, 2018

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In some areas, the growth in sub-prime lending matches overall growth in the segment, with credit cards and personal loans as the best example.

Lending 188

Lending Trends Cards Capital 188

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019. billion yuan (US$70.4

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Lending Regulation Capital Industry 131

PYMNTS

JANUARY 6, 2020

small businesses (SMBs) — 57 percent — reported revenue growth in 2018, although profits remained the same as in 2017, according to Forbes , citing the Small Business Credit Survey (SBCS). Alternative finance, for instance, also filled the need for small business borrowers to obtain a faster, digital way to access capital.

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Survey US Capital Lending 130

PYMNTS

SEPTEMBER 28, 2016

Capital, capital everywhere — but, for big U.S. As reported earlier this week, the Federal Reserve is boosting capital requirements for the biggest U.S. banks as part of a new series of rules that take effect in 2018. bank investors, the old Seinfeld punchline: “No dividends for you!”. For the bigger banks.

Capital 100

Capital Strategy America Policies 100

PYMNTS

FEBRUARY 25, 2020

Kraft Heinz, one of the world’s prominent global food and beverage companies, operates Evolv through a team effort, involving food, startup and venture capital professionals. Fabric launched an automatic fulfillment center in October of 2018. Evolv Ventures is most known as the venture arm of Kraft Heinz.

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Lending Retail Capital Operations 130

Jeff For Banks

APRIL 30, 2022

Take a more normal rate scenario at the end of 2018, when FF stood at 2.50%. Banking is mostly a spread business, and if you are generating the same spread through a $216,732 balance account versus a $589,949 average balance account, as they were in 2018, then the larger balance account wins. But what of the relationship?

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Lending Massachusetts Taxes Community Bank 78