Remove Customer Experience Remove Financial Technology Remove Lending
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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

According to a survey by Lending Tree , nearly 70% of BNPL users admit to spending more on purchases when BNPL is an option than they do if they have to pay for everything upfront, bringing up the average value per order and resulting in higher profits for participating merchants.

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FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. The deadline to submit comments in response to the RFI is October 16, 2022.

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Payday Loan Rules Steer Enova To SMBs

PYMNTS

The financial technology and data analytics firm has traditionally focused on the consumer finance space in its lending operations. ” A trio of Enova executives recently jointed PYMNTS in a digital discussion earlier this month about real-time data analytics and its role in improving the customer experience.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Lending & Credit Risk. Financial Businesses.

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Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

Lending Product — for the most impressive consumer or business lending or collections initiative. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. The submissions represented two approaches to Open Banking.

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Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

Lending Product — for the most impressive consumer or business lending or collections initiative. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. The submissions represented two approaches to Open Banking.

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What Can Banks Learn From The FinTechs?

Insights on Business

In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management. This will help maximize the impact and value for both topline growth and bottom-line optimization.

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