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BTG’s CEO Presses Digital Strategy in Midsize Banking Push

Bank Innovation

The 47-year-old chief executive officer of Banco BTG Pactual SA, a fixed-income trading veteran, said he spent the past four years digging into subjects such as cloud computing, performance marketing and data-analytics metrics. His schooling was to help with the bank’s push into […].

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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

The level of market volatility hitting the U.S. 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. ” A Banking Pullback?

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How Digital Transformation Can Lead to Greater Revenues for FIs

Bank Innovation

There is a correlation between an FI’s revenues and its digital strategy. A new report from advisory firm EY suggests that the more mature an FI’s digital strategy is, the more revenues it is likely to generate.

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15 Twitter accounts every bank executive should follow

Abrigo

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 2) @GonzoBanker – Cornerstone Advisors’ totally opinionated take on technologies, strategies, vendors and “anything else we run across in the trenches of the banking industry.” Learn more here.

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Union Bank’s New Head of Digital Banking, Julie Demarigny, Talks Innovation

Bank Innovation

Not even a month has passed since Julie Demarigny, a veteran in digital entertainment industry having served Warner Bros. and Sony Music, has joined West Coast focused Union Bank as its head of digital banking.

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FinTechs Prove Their Value During Pandemic

PYMNTS

And at a time when consumers are demanding flexibility in the form of more payment options and varying payback terms, Steinmetz doesn’t see small business lending as a slam-dunk idea. Steinmetz said Amex kept Kabbage’s payout infrastructure capabilities but halted its lending business “because it’s just not particularly profitable.”.

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Credible Labs Valued At $397M In Deal With Murdoch’s Fox

PYMNTS

The San Francisco-based Credible Labs gives Fox a footing in personal lending as it seeks new investments following the $71 billion sale of its entertainment assets to Disney in 2018. mortgage market, as well as student and personal loans. This company is operating in a very large market and has the potential to do really well.”.