Remove Financial Technology Remove Lending Remove Online
article thumbnail

Small business loan processing: Automate back-office tasks

Abrigo

Automating the key steps that often occur in the back office leads to faster decisions, stronger customer or member relationships, and more profitable lending to small businesses. This article covers these key topics: Cultivating fertile ground for small business lending Do large lenders have an advantage in small business lending?

Lending 195
article thumbnail

Fintechs seek US government funds to help make business loans

Bank Innovation

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. government funding. and to permit the firms to […].

US 259
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How vendor relationships affect banking technology success

Abrigo

One example: a $400 million-plus bank serving customers and businesses in western Ohio and through its specialty lines of business nationwide began a project to optimize its use of Abrigos Sageworks lending and credit solutions. As technology and needs evolve, financial institutions benefit from a partner who listens and iterates.

article thumbnail

Why FinTech start-ups think they can beat the banks

Chris Skinner

These companies include firms like Stripe, a six-year-old start-up that is the preferred code for building online checkout services. The reason why they have gained such a valuation is that they have taken something the banks make difficult – setting up online payment services – and made it incredibly easy.

Fintech 361
article thumbnail

OnDeck Launches ODX To Help Banks Lend To SMBs Online

PYMNTS

OnDeck Capital has created a unit that will provide technology and services for banks lending to small businesses over the internet. Reuters , citing the company, reported the new company will be called ODX and will expand its business, in which it provides lending software to banks.

Lending 108
article thumbnail

D+H, RBC Launch Lending Simulation for Better Performance

Bank Innovation

Financial technology solutions provider D+H has launched Barometer today, a software-as-a-service assessment and training solution for lenders, in partnership with the Royal Bank of Canada, which is one of the largest financial institutions in the country. Barometer is a lending simulation, the first of its Read More.

Lending 150
article thumbnail

PayNet, Numerated Pair Up For Business Lending Risk Analytics

PYMNTS

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan. In a press release issued on Tuesday (Jan.

Analytics 144