Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. of all approved loans in the program.

Technology 195

Technology Lending Capital Meeting 195

Bank Innovation

MAY 23, 2019

Small business lender BFS Capital has hired industry veteran Fred Kauber as chief technology officer and chief product officer. Kauber will be leading a revamp of the company's core lending technology stack, its risk engine, CRM and web experience for an expected rollout later this year.

Capital 170

Capital Lending Innovation Industry 170

Abrigo

JULY 20, 2024

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

Lending Risk Management Management Capital 195

Bank Innovation

AUGUST 25, 2017

Digital mortgage technology startup, Blend, raised $100 million in a Series D round, bringing its total funding to $166 million, the company said Thursday. The funding round was led by Menlo Park, California-based venture capital firm Greylock Partners. Based in San Francisco, Blend was established […].

San Francisco 225

San Francisco Technology California Capital 225

Bank Innovation

APRIL 13, 2018

Small business banking company Kabbage is set to acquire startup Orchard Platform Markets, a provider of lending data and services, it was reported yesterday. Plans for the […].

Lending 223

Lending Marketing Data New York 223

Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. Hans Zandhuis, Head of Ally Lending, Ally. The presentation will occur on June 10 at 4:00 p.m.

Fintech 462

Fintech North Carolina Charlotte Conference 462

South State Correspondent

FEBRUARY 20, 2023

Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. Scale, security, and innovation are all linked to better information technology design and implementation.

National 195

National Lending How To Community Bank 195

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. million round for India-based small business lending platform Aye Finance, the company recently revealed.

Capital 288

Capital Lending Cards United States 288

Bank Innovation

MARCH 23, 2020

Financial-technology firms including PayPal Holdings Inc. are lining up to help speed lending to small businesses during the coronavirus crisis — and are pushing for a slice of emergency U.S. Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc.,

US 259

US Fintech Lending Capital 259

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 195

Lending St. Louis Community Marketing 195

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Looking to Increase Loans through the SBA? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. That was followed on Dec.

Capital 199

Capital Payments Software Fintech 199

Bank Innovation

JUNE 27, 2016

Startup valuations are dropping; once abundant venture capital is growing scarcer; marketplace lending has gotten bruised — even the self-proclaimed capital of fintech, London, faces an uncertain future with Brexit. Some of the shine seems to have come off fintech innovation in 2016. Read More.

Innovation 285

Innovation Lending Capital Fintech 285

Abrigo

SEPTEMBER 1, 2020

Key Takeaways Most financial institutions have implemented technology to help handle Paycheck Protection Program (PPP) loans. Lenders leveraging that technology to provide SBA loans after PPP can add products, grow customers, and add portfolio stability. PPP drove major technology upgrades.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Key Takeaways Most financial institutions have implemented technology to help handle Paycheck Protection Program (PPP) loans. Lenders leveraging that technology to provide SBA loans after PPP can add products, grow customers, and add portfolio stability. PPP drove major technology upgrades.

Lending 195

Lending Training Technology Survey 195

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. Technology has been a key resource for both ag borrowers and ag lenders seeking efficiency, growth, and profitability. Nearly half (49.9%) of ag lenders reported borrower interest in hemp financing.

Lending 195

Lending How To FDIC Survey 195

Bank Innovation

JULY 19, 2018

Digital lending is becoming an important business even for smaller community banks. Larger banks, which have the resources to build their own technology or buy a fintech provider (KeyBank acquired Bolstr; JPMorgan Chase acquired WePay).

Lending 186

Lending Community Bank Resources Community 186

PYMNTS

NOVEMBER 6, 2020

Financial services firm Figure Technologies, Inc. By reducing complexity, we can leverage the technology efficiencies we have to deliver financial solutions to traditionally underserved and underrepresented consumers, driving real financial inclusion.”. 6) announcement.

National 163

National blockchain Lending Regulation 163

South State Correspondent

MAY 22, 2024

In this article, we highlight the state of the bank commercial real estate office lending sector and make an argument about why banking might be better off than most analysts think. The State of Office Lending Risk – Traffic 2024 will mark the fifth consecutive year where office demand has declined.

Lending 195

Lending Marketing Philadelphia San Francisco 195

PYMNTS

FEBRUARY 23, 2020

In a submission to a senate inquiry into financial and regulatory technology, PayPal and other fintech companies recognized alternative business finance as a key strategy moving forward, according to the Sydney Morning Herald on Friday (Feb.

Lending 226

Lending Fintech National Strategy 226

Chris Skinner

JULY 21, 2017

They want to get to the nirvana of new technologies, but are stuck in a spaghetti of old systems. What we are seeing is many new companies launching capabilities built upon the latest internet-enabled technologies. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.

Fintech 361

Fintech System Technology Apple 361

PYMNTS

JULY 7, 2020

After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.

Lending 171

Lending Industry Fintech UX 171

Abrigo

SEPTEMBER 2, 2020

Technology can create efficiencies that allow them to reimagine customer interactions moving forward. The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions.

Lending 259

Lending Community San Antonio Survey 259

Abrigo

NOVEMBER 13, 2024

Businesses' working capital cycles are longer. Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. Thousands of banks, credit unions, and accounting firms use our risk management and lending solutions, contributing to this cooperative data model for banking intelligence.

Lending 221

Lending Meeting Data Risk Management 221

Gonzobanker

SEPTEMBER 5, 2024

The two primary issues keeping some lenders from the top of their home equity game are 1) ambiguity in the ownership of their home equity functions and 2) a lack of maturity in their lending systems and processes. Some lenders do a solid job repurposing mortgage lending staff into home equity roles.

Lending 141

Lending System Online Operations 141

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

JANUARY 26, 2020

AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. Alcanza Capital and Bontu. There will be other leading venture capital firms from international waters also joining with SoftBank, though the press release does not list them.

Fintech 247

Fintech America Capital Regional 247

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. Integrating directly into core technology means even deeper automation, the companies noted.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

JANUARY 27, 2020

In the wake of the financial crisis, banks’ pullback from small- to medium-sized business (SMB) lending yielded a flood of technology-driven players stepping in to fill the SMB credit gap. One of the largest obstacles for borrowers today, he said, is that the search for capital is often circumstantial.

Lending 157

Lending Online Capital Data 157

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. Two former executives from payments technology conglomerate Square have formed a new B2B FinTech in Australia called Zeller.

Capital 161

Capital Fintech Security Operations 161

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. Tala is driven by the belief that all people deserve to be seen, understood and trusted by the global financial system, and our goal is to leverage data and technology to help them prove their potential,” said Shivani Siroya, founder and CEO of Tala. “We

Lending 193

Lending Company Marketing Regional 193

Independent Banker

JANUARY 31, 2022

In addition, compliance risk associated with small business loans could become even more difficult if the new Section 1071 rule proposed by the Consumer Financial Protection Bureau regarding small business lending data collection is finalized. Small dollars, big impact. Terms were up to five years at an interest rate of 2.0%

Lending 150

Lending Community Community Bank Compliance 150

PYMNTS

AUGUST 7, 2020

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. Volante Technologies. based small business lending platform iwoca, which secured $131.45

Fintech 251

Fintech Capital New Jersey Payments 251

PYMNTS

JANUARY 8, 2021

Backers zeroed-in on a range of industries, including SMB banking and lending. With plans to launch a new small business lending bank in the U.K., India's BharatPe, which operates a B2B payments platform, is currently in the process of building credit solutions for its business users that will include short-term capital loans.

Fintech 203

Fintech Capital Lending Operations 203