PYMNTS

NOVEMBER 1, 2018

So it is with the Chinese alternative lending space, with various nomenclature in place, seemingly interchangeable, embracing P2P loans or internet lending – in short, funds flowing outside the confines of the bank branch and the teller window. The industry thrived to as much as 1 trillion RMB last year.

Lending 150

Lending Guidelines Fintech Industry 150

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

Bank Innovation

JULY 5, 2016

American Express is taking a page from Square’s book and launching an online platform for small business loans of up to $750,000 — but its main target may be banks. The news came today via Bloomberg, which reported funds could be available as soon as two days after loan approval. Read More.

Lending 199

Lending Maine Online Report 199

South State Correspondent

FEBRUARY 27, 2022

Booking long-term fixed-rate loans on-balance-sheet may not make sense for many banks. Current Risk in Term Lending. With no additional reporting, no additional accounting, and no capital or collateral costs, the bank retains the full relationship.

Lending 195

Lending Community Bank Community Meeting 195

PYMNTS

JANUARY 28, 2021

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in which banks hold the upper hand, commercial lending included. But an overwhelming surge in demand painfully exposed traditional banks' biggest shortcomings in business lending.

Lending 164

Lending Fintech Operations Software 164

PYMNTS

OCTOBER 1, 2020

billion, and it furthers Goldman Sachs' push into Main Street lending. GM was the first company to let drivers use touchscreens to do things like order food, pay for gas or book hotels. Goldman has worked out a rough deal with Capital One Financial Group , with the purchase price included.

Cards 264

Cards Apple Lending Maine 264

PYMNTS

APRIL 26, 2019

Capital One Financial posted results that were higher than Street estimates as its core card business grew, as did commercial lending activity. percent on the loan book was up three percent year over year. In reference to the auto lending business, the company’s first quarter showed that auto loans originations were $6.2

Capital 145

Capital Cards Lending Operations 145

PYMNTS

OCTOBER 21, 2020

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. In the past, the startup was supported by P2P lending and institutional capital. Last year Insight Investment supported the digital lender with a 1.5

Lending 258

Lending Customer Experience US Capital 258

PYMNTS

JUNE 7, 2019

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

Capital 108

Capital Lending Regulation Meeting 108

PYMNTS

NOVEMBER 4, 2020

4), Wang Wenbin, China’s foreign ministry spokesman, said the decision to suspend the Ant Group IPO was made to “better maintain the stability of the capital markets and to protect investors’ interests,” the Financial Times reported. Chinese regulators are also growing concerned about the breakneck growth of Ant Group’s lending business.

Lending 240

Lending Groups Regulation Marketing 240

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

APRIL 25, 2018

Capital One logged stronger than expected results when it posted its earnings yesterday — the growth was driven largely by rising interest rates and an uptick in its largest lending categories, cars and cards. Capital One reported net income up 71 percent to $1.3 By The Numbers . billion from a year earlier.

Capital 100

Capital Lending Cards Taxes 100

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

South State Correspondent

MAY 23, 2022

We need to analyze the current lending environment and the market’s future expectations to answer that question. The Lending Curve. A lending curve shows borrowers’ loan coupons for different terms. The lending curve is currently strongly determining borrowers’ demand for loan structures. Credit Spreads.

Lending 195

Lending Community Bank Community Capital 195

South State Correspondent

JANUARY 17, 2024

We focused mainly on customer profitability and used risk-adjusted return on capital as a proxy for profitability. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital. Both banks, for example, had about $150B in deposits.

Study 195

Study Maine Analytics Capital 195

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.” He was far from alone.

Lending 100

Lending Capital Compliance Operations 100

Abrigo

MARCH 21, 2024

Takeaway 2 Enterprise value goes beyond book value to include earning potential, market position, and intangible assets. Beyond book value Understanding enterprise value in credit union mergers Why is enterprise value important? Enterprise value considers more than just the book value of a credit union's assets and liabilities.

Lending 221

Lending Analysis Exercises Risk Management 221

PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.

Maine 218

Maine Lending Pennsylvania Boston 218

PYMNTS

FEBRUARY 7, 2019

While FIs vowed to use those savings for a variety of measures, such as increasing small business lending, reports said lending growth has actually slowed since the implementation of the tax reform. Overall, the top banks saw lending grow by 2.3 Commercial and industrial lending accelerated among the top 25 banks in the U.S.

Taxes 122

Taxes Lending National New York 122

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

DECEMBER 19, 2016

According to Lendingkart Cofounder Harshvardhan Lunia, the company will look to expand its reach in the SME lending market over the next six months by having other banks use its credit risk analytics software. One way to do so is to co-lend with other FIs when SMEs need to borrow more money than a single lender can provide.

Lending 100

Lending Analytics Taxes Capital 100

Abrigo

APRIL 21, 2020

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. PPP loans carry a 0% risk weighting, meaning they don’t count against the institution from a risk-based capital standpoint.

Lending 195

Lending Capital Minnesota FDIC 195

PYMNTS

MARCH 29, 2016

The European Union is in the midst of several upgrades and overhauls within its financial sector, including ongoing efforts to improve access to working capital for the region’s small and medium-sized businesses. The latest figures show levels of bank lending to large corporates has recovered back to pre-crisis levels.

Lending 100

Lending Capital Report Regulation 100

PYMNTS

NOVEMBER 27, 2018

Australia-based challenger bank Judo Capital has raised more than $250 million from Credit Suisse Australia, according to reports. Business Insider Australia said Monday (November 26) that Credit Suisse has provided the credit facility worth AUS$350 million to fuel Judo’s small business lending operations.

Lending 134

Lending Capital Fintech National 134

PYMNTS

JANUARY 25, 2021

Plus, British travelers age 55 and older are powering a formidable rise in trip bookings. One idea is a 9 percent core capital mandate on the top tier. 55-Plus Group Lends Optimism To Travel Operators. Reserve Bank Of India Wants To Crack Down On Big Shadow Lenders. Foreign Companies Abandon US Investments In Favor Of China.

United States 217

United States Regulation Payments Lending 217

PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

Lending 129

Lending blockchain Capital Software 129

PYMNTS

MARCH 23, 2020

Peer-to-peer (P2P) lending platforms in the U.K. are asking the government for help to continue lending after the coronavirus has ravaged markets around the world, according to a report by the Financial Times. RateSetter , has over 800 million pounds ($924 million) on its loan book. million) in loans with the new capital.

Lending 143

Lending Capital Regulation Industry 143

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

Abrigo

DECEMBER 1, 2014

As many credit unions are just beginning to develop or expand member business lending (MBL) programs, it is important develop or tighten a sound MBL strategy to ensure long-term success in managing risks. Evaluate the level of capital needed. From June 2007 to December 2012, MBL volume increased 66 percent, growing from $26.04

Strategy 186

Strategy How To Resources Lending 186

PYMNTS

SEPTEMBER 14, 2020

billion in revenue it booked during the second quarter of 2020. In short, it’s a world where access to capital and legal advice is welcome. In mid-August, the company announced that it will infuse $100 million in capital into the Amazon seller system, along with legal and marketing advice.

Capital 214

Capital Long Beach Branding Guidelines 214

Gonzobanker

DECEMBER 8, 2021

Mark Cuban is tweeting about Jill Castilla’s fintech efforts with lending system startup Teslar. Lastly, at this writing, Rockbridge Growth Equity (ties to Rocket Mortgage ) and CU Solutions Group acquired database marketing provider Marquis from Falfurrias Capital. Fintech investing has gained near sport status. OK, me neither.

Fintech 201

Fintech Los Angeles Lending Analytics 201

PYMNTS

OCTOBER 31, 2018

Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending market that alternative and marketplace lenders rushed to fill. “In micro-lending, P2P and retail, it’s structured data,” he told PYMNTS.

Lending 116

Lending Data Fintech Analytics 116

Abrigo

MAY 19, 2023

But many banks and credit unions find that booking loans with a loan origination platform offers their current staff greater functionality, mitigating or eliminating those staffing woes. They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines.

Training 195

Training Lending Risk Management Guidelines 195

PYMNTS

APRIL 15, 2019

Traditional banks have lower costs and a higher number of deposits, making it cheaper to lend money. Bhanu Arora, head of consumer lending at Avant, concurred, telling Reuters it wants to be prepared and ready as economists start sounding the warning bells. Its also not a guarantee that the economy will enter a recession. economy.

Online 165

Online Lending Capital Report 165

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.

Lending 100

Lending Marketing Fraud Technology 100

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. bank investors, the old Seinfeld punchline: “No dividends for you!”. For the bigger banks. For the bigger banks. banks as part of a new series of rules that take effect in 2018.

Capital 100

Capital Strategy America Policies 100