PYMNTS

FEBRUARY 10, 2017

The Federal Trade Commission had a busy year in 2016, surveying consumers about buying and financing car purchases, issuing a report aimed at helping businesses harness the power of Big Data without discriminating and also taking a hard look at the FinTech market and its implications for consumers.

Big Data 100

Big Data Fintech Data Survey 100

PYMNTS

APRIL 2, 2020

Every interaction tells banks what customers actually want, meaning FIs just need the right tools to interpret this data. One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87 When number crunching is needed, however, data analytics can help.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending. MarketInvoice.

Lending 100

Lending Regulation Big Data Management 100

PYMNTS

MARCH 20, 2020

We see big data and other emerging technologies as a huge opportunity to offer innovative solutions that make financing easier for our customers,” HSBC’s Jeanny Ip, head of global trade and receivables finance in Macau and Hong Kong, told the Post. “As Eight virtual banks are starting operations this year.

Big Data 203

Big Data Operations Lending Regional 203

PYMNTS

FEBRUARY 12, 2018

Census Bureau data reports that suggest nearly all retail sales happen in a physical store. Data, in the absence of those frameworks, becomes just a bunch of numbers on a page. What’s driving these market movements is observing the devastating impact Amazon has made on the retail sectors it has entered, regardless of U.S.

Big Data 135

Big Data Data Retail Marketing 135

Perficient

JULY 27, 2023

Data Integration must point to the updated source files aligned with the community interest and credit requirements in the post-pandemic era. This information can identify areas of need and develop targeted lending programs that address those needs.

Data 221

Data Compliance Community Lending 221

CFPB Monitor

FEBRUARY 4, 2016

This will follow up on Barbara Mishkin’s January 14, 2016 blog “FTC warns use of big data may violate federal consumer protection laws.” The CFPB will more closely scrutinize the use of big data when it is used to deny credit in the first instance. A registration link appears here.

Big Data 60

Big Data Data Utah Lending 60

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. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Data Capital Fintech 109

PYMNTS

AUGUST 8, 2017

As the financial crisis unfolded in 2008, they met to discuss what they saw as the rise of FinTech and the increasing availability of financial software and data. such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

MARCH 8, 2018

Credit underwriting is more reliant than ever on Big Data, and one of the industries in which this is most pronounced is the construction industry. This is a massive point of friction in construction lending, and a few FinTechs have emerged with a focus on addressing manual processes of B2B payments and lien waivers.

Lending 100

Lending Data Fintech Industry 100

CFPB Monitor

JANUARY 14, 2016

A new FTC report , “Big Data: A Tool for Inclusion or Exclusion? Understanding the Issues,” warns that certain uses of big data consisting of consumer information may implicate various federal consumer protection laws. ET, Ballard Spahr attorneys will hold a webinar, “Big Problems with Big Data?

Big Data 60

Big Data Data Utah Report 60

Bank Innovation

FEBRUARY 13, 2019

This means Santander is poised to tap into IBM's AI, blockchain and big data offerings. IBM today announced a five-year, $700 million agreement it reached with Banco Santander that will enable the Madrid, Spain-based bank to “accelerate and deepen” its digital transformation to a more open, flexible institution.

Big Data 199

Big Data blockchain Data Operations 199

Abrigo

APRIL 21, 2016

Banks and credit unions have access to more data than they can use to help them identify potential customers, potential cross sales, understand relationship profitability and riskiness of borrowers - predicting future defaults and distinguishing good customers from bad.

How To 150

How To Lending Data Big Data 150

Bank Innovation

OCTOBER 22, 2018

The combination of smartphone apps, big data, artificial intelligence, and cloud technology holds out intriguing possibilities in financial services,” Brainard said in her keynote speech. But no single […].

Boston 186

Boston Big Data Fintech Conference 186

PYMNTS

APRIL 28, 2020

The funding will also go toward technological advancements, more improvements on its product suite and better big-data capabilities. Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia.

Big Data 182

Big Data Lending Maine Groups 182

PYMNTS

SEPTEMBER 23, 2016

After a few months of lackluster performance with venture capitalists, alternative lending startups have won big this week thanks to two deals totaling more than $80 million — a figure expected to rise even higher. ” Big Data. The startups that secured the investments aren’t based in the U.S., InfluxData.

Lending 100

Lending US Capital Data 100

PYMNTS

JANUARY 15, 2018

Switzerland alternative lending company Tradeplus24 is entering the Australian market through a collaboration with Trade Ledger , the companies announced. Reports Friday (Jan. Technology can remove barriers to more sophisticated underwriting that currently exists due to the document-intense nature of trade, he said. “To

Lending 100

Lending Marketing Fraud Technology 100

PYMNTS

MARCH 10, 2020

The London business lending platform Trade Ledge r is joining forces with Wiserfunding to give lenders and alternative financing providers the ability to evaluate the creditworthiness of its commercial users, Trade Ledger announced Tuesday (March 10).

Lending 130

Lending Big Data Risk Management Marketing 130

PYMNTS

AUGUST 4, 2016

The alternative lending space is crowded — oversaturated, some may say — and in the U.S. marketplace lender OnDeck, alternative lending is likely to be mainstream in Australia as soon as the end of the decade. regulation is likely headed its way. According to U.S. “This is transforming the credit risk analysis process. .”

Lending 100

Lending Regulation Data Payments 100

Banking Exchange

DECEMBER 16, 2020

Ongoing stay at home orders and unemployment continue to create financial obstacles for the most vulnerable consumers Technology Retail Banking Risk Management Feature3 Fintech Feature Financial Research Financial Trends Big Data Covid19 PPP.

Big Data 88

Big Data Risk Management Lending Trends 88

PYMNTS

DECEMBER 23, 2019

When it comes to securities, banking and other finance products which are employing technology such as a facial recognition or big data analytics, technologies to regulate that intelligent finance have lagged behind AI development, according to a report by the China Finance 40 Forum , a platform for finance policy research and academic exchange. “The

Regulation 202

Regulation Groups Policies Big Data 202

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. Improving The SMB Lending Experience. Asymmetric Information Exchange.

Data 193

Data Lending Capital social media 193

Abrigo

MARCH 6, 2017

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 4) @KarenGMills – Former SBA administrator in the Obama administration, Mills is now a senior fellow at Harvard Business School, writing and Tweeting about small business, lending and fintech. Learn more here.

social media 150

social media Lending Community Community Bank 150

PYMNTS

MARCH 7, 2018

Anecdotally, these firms have been talking for years about the industry’s potential to make significant disruptions in areas like corporate finance, small and medium-sized business (SMB) lending and more. “We And yet, investments continue to pour in — not just for these firms, but for the industry as a whole.

Fintech 131

Fintech Lending Big Data Industry 131

Banking Exchange

AUGUST 29, 2019

Even if people do not have banking history, they do have an online footprint Financial Research Mortgage Credit The Economy Feature Financial Trends Technology Risk Adjusted People Customers Tech Management Online Fair Lending Credit Risk Consumer Compliance Big Data Feature3 Mortgage/CRE Fintech.

Lending 60

Lending Data Big Data Compliance 60

Bank Innovation

SEPTEMBER 28, 2016

If you look hard enough, you can find a startup for anything nowadays: you can exchange diamonds through the world’s first P2P diamond exchange, for example, buy a handbag in installments, and invest in big data companies one five-dollar micro-investment at a time, probably all without leaving your house (or Read More.

Big Data 150

Big Data Examples Data Company 150

PYMNTS

MARCH 14, 2017

As small digital lending startups have recently began flourishing across China, government officials are getting ready to exert just a bit more control over them. This crackdown follows a similar move made in recent months to bring more regulatory oversight to P2P lending in China.

Lending 115

Lending Big Data Online Regulation 115

PYMNTS

JUNE 7, 2019

Alternative SMB lending platform Biz2Credit announced $52 million in venture capital funding this week, led by WestBridge Capital, the second round of equity financing for the company that helps banks and other financial institutions manage their SMB lending operations. Yellowbrick Data. Biz2Credit.

Data 139

Data Capital Analytics Lending 139

CFPB Monitor

SEPTEMBER 8, 2022

Although bank lending partnerships with fintechs continue to receive OCC attention, recent remarks by OCC officials indicate that OCC scrutiny is now also directed at partnerships outside of the lending arena. He advised banks to closely monitor risk and compliance in these partnerships.

Fintech 146

Fintech Risk Management Conference Lending 146

PYMNTS

NOVEMBER 15, 2016

Financial information firm Sageworks has announced its expansion into the world of SME lending. 14) that the company is entering the small business finance space with a new platform that adds to its existing consumer lending, credit risk and portfolio risk management offerings for financial institutions. Reports said Monday (Nov.

Lending 100

Lending Big Data Risk Management Taxes 100

PYMNTS

FEBRUARY 27, 2019

“Banks are innovating, and a combination of digital engagement, Big Data and, ultimately, [artificial intelligence (AI)] — which is still immature in South Africa — are all creating easier ways of making local and foreign payments, accessing finance and banking in general.”

Technology 190

Technology Industry Innovation Big Data 190

ABA Community Banking

OCTOBER 3, 2018

As digital lending becomes prevalent, the temptation to “shrink” may significantly impact a bank’s ability to survive and grow Management Financial Trends Technology Big Data Feature3 Fintech.

Lending 56

Lending Big Data Trends Fintech 56

PYMNTS

MAY 5, 2017

SME Lending. Based in China, IceKredit wields Big Data to provide credit evaluation services for small businesses. “The continued growth of international trade and the global economy rely on efficient cross-border transactions,” said Airwallex Chief Executive Jack Zhang in a statement.

Fintech 137

Fintech Big Data Capital Data 137

FICO

AUGUST 20, 2019

CCB, one of China's "big four" banks, is hoping to unlock this market is by using alternative scoring services to improve the approval and automation rate of its credit card business. . Our new risk-based underwriting strategy is helping to us to maximize our overall profitability while expanding lending to millennials.”. by FICO.

Big Data 40

Big Data Data Marketing Millennials 40

Bank Innovation

SEPTEMBER 26, 2018

If Finovate Spring was dominated by companies in lending and underwriting, then Finovate Fall was all about startups and service providers equipping banks with tools to help them provide better customer service.

New York 150

New York Analytics Lending Tools 150

Jack Henry

FEBRUARY 7, 2020

As discussed in previous posts in this series, the degree of collaboration within a financial institution’s technology partnerships will play a significant role in determining future success.

Risk Management 78

Risk Management Big Data Management Fintech 78