Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

Risk Management 222

Risk Management Management Lending Capital 222

Abrigo

FEBRUARY 6, 2024

Perform satisfactory appraisal reviews with appropriate assumptions, methodology, and market comparisons. Geographic risks: If loans outside the credit union's market area aren't restricted, draft policies outlining criteria for granting them. However, with opportunities come inherent risks.

Lending 222

Lending How To Risk Management Policies 222

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

Community Bank 129

Community Bank Community Marketing Data 129

Abrigo

FEBRUARY 16, 2024

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. If your financial institution is considering automation, credit risk software can track ticklers and help manage loan documents and credit exceptions.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

DECEMBER 19, 2018

For small- and medium-sized businesses (SMBs) in need of capital, bank loans are undoubtedly the first place they look. The bond market, on the other hand, isn’t the most likely of places for an entrepreneur to seek financing. Several years ago, however, SMBs began to show interest in the bond market, too.

Marketing 134

Marketing Capital Security Trends 134

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. million from Alteria Capital. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5

Marketing 109

Marketing Capital San Francisco Management 109

PYMNTS

APRIL 5, 2019

Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers. The apps has been popular with consumers, with 10 million downloads thus far in the six years it has been on the market. About half of those were in the last year.

Regulation 100

Regulation New York Lending Capital 100

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. Akber Jaffer, EVP, Treasury and Capital Markets Business Unit at Finastra said, “As the deadline for UMR approaches, the need for new and complex calculation methods for initial margin calculation is more important than ever.

Compliance 60

Compliance Management Regulation Software 60

Bobsguide

APRIL 7, 2022

London (5 April 2022): TS Imagine , the leader in trading, portfolio and risk management solutions for capital markets, today announces that it has successfully integrated with crypto platform Gemini. We’re excited to be continuing on that mission by working with TS Imagine.”. About TS Imagine.

Bitcoin 147

Bitcoin cryptocurrency Risk Management Capital 147

Bobsguide

MARCH 21, 2022

Software Solution of the Year: CompatibL Risk Platform. CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Best Cloud-Native Computing Initiative: CompatibL Cloud Platform. Best Digital Transformation Solutions Provider: CompatibL. Voting will close on April 22.

Innovation 147

Innovation Technology Risk Management Analytics 147

PYMNTS

OCTOBER 14, 2020

Nuvemshop , a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. The four intended to start a new marketplace software product for the Latin America region.

America 215

America Regional Lending Online 215

Bobsguide

JUNE 25, 2022

New York, 23 June 2022: TS Imagine , a global leader in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, the prime broker for digital assets, to offer institutional clients a fully regulated path to trade cryptocurrencies. About TS Imagine.

cryptocurrency 88

cryptocurrency New York Regulation Risk Management 88

Insights on Business

OCTOBER 16, 2018

Regulations such as the second payment services directive (PSD2) and the Open Banking project spearheaded by the UK’s Competition and Market Authority (CMA) are driving disruption in the banking value chain. Meanwhile, new competitors are entering the market and tearing up the traditional banking rule book.

Capital 157

Capital Tools System blockchain 157

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8

Marketing 198

Marketing Company Online Management 198

PYMNTS

JANUARY 13, 2021

billion planned acquisition of Plaid after objections stemming from a Department of Justice (DOJ) antitrust lawsuit, which said it would put Visa in a position to maintain a monopoly in the online debit card market. 13) on the Nasdaq Global Select Market and the Nasdaq Capital Market under the symbols “BTRS” and “BTRSW,” respectively.

Analytics 145

Analytics Fraud Payments Capital 145

PYMNTS

SEPTEMBER 27, 2017

According to a news report in The Wall Street Journal , the lawsuit, which was filed by the Irving Firemen’s Relief & Retirement Fund, contends that Uber’s ex-CEO, Travis Kalanick, knew he was misleading investors during capital-raising efforts by not informing them that Uber may have broken laws.

Fraud 134

Fraud Software California Capital 134

PYMNTS

MARCH 1, 2019

28), Basware said it has “terminated discussions with Tradeshift Holdings,” adding that Tradeshift cited “conditions in the capital markets” that led the company to end efforts to acquire Basware. In an announcement on Thursday (Feb. As a result, the companies have entered into a standstill agreement until Nov.

Leadership 139

Leadership Capital Regulation Payments 139

PYMNTS

MARCH 3, 2017

Software-as-a-service saw a boom back around 2015, and the X-as-a-Service space hasn’t looked back. This week we see startups from the software-, banking- and data-as-a-service ranks landing new funding for their B2B solutions. banking-as-a-service company emerging at the top of this week’s B2B Venture Capital roundup.

Software 100

Software Capital Compliance Data 100

Abrigo

OCTOBER 28, 2022

Takeaway 1 Signs point to increased loan modifications and loan workouts, and regulators have urged financial institutions to work prudently with borrowers. . Learn how credit unions can manage capital levels amid credit stress. Regulators foster prudent loan modifications. Loan performance since 2020 Chart 2. Watch webinar.

Management 195

Management Risk Management Policies Lending 195

Abrigo

AUGUST 1, 2022

Takeaway 2 Even small banks or credit unions not regulated by the Federal Reserve are required to address control risks from models. As financial regulators have noted , this oversight is important because of the "possible adverse consequences (including financial loss) of decisions based on models that are incorrect or misused.”

Risk Management 195

Risk Management Management Regulation Analysis 195

PYMNTS

JULY 6, 2020

While much of the legal framework has come from European Union (EU) regulators, it is a loose alliance of financial institutions (FIs), heavy-duty tech players and nimble FinTechs making breakthroughs. Laggard No More. Impacts expected from open banking on the laggard B2B payments space are hard to understate.

Meeting 190

Meeting Payments Software Data 190

Abrigo

AUGUST 2, 2023

The scrutiny is understandable, given financial institutions’ exposure to commercial real estate and current economic and market forces. Stress testing helps you manage capital levels and credit risk. estimates $1.45 trillion in CRE mortgages will have to be renegotiated by the end of 2025. See how in this whitepaper.

Report 195

Report Risk Management Lending Analysis 195

PYMNTS

NOVEMBER 30, 2020

Founded in 2015 by Brad Birnbaum, chief executive officer, and Jeremy Suriel, chief technology officer, Kustomer is an omnichannel software-as-a-service (SaaS) and customer relationship management (CRM) firm that specializes in chatbot technology. Some fear that innovation could suffer if regulators come down on mergers and acquisitions.

New York 140

New York Software Capital Regulation 140

PYMNTS

MARCH 11, 2020

The company said it’s currently working with lenders, loan management software and banks on its credit disbursal approach. Now, new FinTech players are penetrating the market to supplement legacy leaders and drive innovation, enhancing flexibility and fostering technology adoption to stimulate healthy competition in the banking segment.

Lending 130

Lending User Experience Capital Innovation 130

PYMNTS

JULY 22, 2020

The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds. Biber most recently served as general counsel at Anchorage, a cryptocurrency platform, and has a track record of helping to launch innovative products and services, in cooperation with regulators, Brex said.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

Abrigo

MAY 2, 2022

Takeaway 3 Minor inconsistencies between policy and loan portfolio can be a red flag to regulators, so careful review is key. . Your policy should include what type of loans you are actively seeking and what loans you don’t have an appetite for so regulators understand your institution’s direction.

Policies 195

Policies Lending Regulation Examples 195

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing despite creating the same outcome of a regulated public company. Should we be interpreting the desire of lots of private sub-scale companies to *sell* as a signal about the market environment and the quality of these companies?

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing despite creating the same outcome of a regulated public company. Should we be interpreting the desire of lots of private sub-scale companies to *sell* as a signal about the market environment and the quality of these companies?

Capital 52

Capital Fintech US Lending 52

PYMNTS

JULY 18, 2017

That means accounting software for these professionals is big business, too, with investors placing about $43 million in new funding to one industry player, FreshBooks. In the North American market, he continued, adoption is especially lagging. “A But we still believe it’s early in the market, for North America at least.

Software 109

Software Taxes Capital Policies 109

PYMNTS

JUNE 15, 2018

In India , Marg ERP, which makes inventory and accounting software, is linking with ICICI Bank , the nation’s largest private sector bank by consolidated assets. The partnership will offer integrated payments to micro, small and mid-sized enterprises, using the former’s accounting software. The tech is licensed by a U.S.

Fintech 115

Fintech Compliance Software Taxes 115

Abrigo

DECEMBER 17, 2021

Learn top best practices for leading a successful software implementation. Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . Abrigo is more like a partner to us than a vendor or software provider.”? . DOWNLOAD WHITEPAPER .

Fintech 195

Fintech How To Innovation System 195

PYMNTS

OCTOBER 8, 2020

Finastra unveiled Fusion Payments To Go , which the firm says decreases the expense and risk of keeping legacy infrastructure in adherence with regulations and evolving market initiatives. Linear Capital served as the head investor, while additional help originated from KZM & Company Group. Europe and South Africa.

Innovation 301

Innovation Technology Fintech Payments 301

PYMNTS

DECEMBER 27, 2019

Backed by Airbnb , Comcast, Bowery and Initialized Capital, Zeus has raised $90 million in funding. The round was led by TI Platform Management with participation from Airbnb, Spike Ventures, Comcast, CEAS Investments, NFX and Initialized Capital. They obviously have a lot of data and understand the market and how it’s evolving.

Los Angeles 139

Los Angeles San Francisco New York City Trends 139

PYMNTS

JANUARY 6, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. That, said Namely, is a reflection of how demands for payroll technology are changing across the mid-market. He added that, for the mid-market in particular, demand is high.

Capital 108

Capital Software Fintech Company 108

Abrigo

DECEMBER 22, 2023

Smaller banks can be encouraged by these numbers, and S&P Market Intelligence predicts a return to relative construction industry normalcy in 2023. The institution can more easily capitalize on opportunities and avoid unnecessary risk. Community lending software can help get you there.

Lending 222

Lending Risk Management Community Management 222

PYMNTS

AUGUST 21, 2018

One of the latest signs of that comes this month from Germany, where Hamburg-based Deposit Solutions , a company that launched in 2011 and sells open banking technology, recently announced it had raised $100 million in capital in a round led by Vitruvian Partners, a Munich private equity firm. Equifax Move. North American Focus.

Regulation 100

Regulation Fintech Data Capital 100