PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., In the U.K., While more financial service providers in the U.S.

Lending 233

Lending Data User Experience Fraud 233

Abrigo

JANUARY 3, 2023

Construction lending from the ground up. During a recent construction lending webinar , lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success. Streamline your construction lending process. Construction Lending. Lending & Credit Risk.

Lending 195

Lending Policies Survey Risk Management 195

PYMNTS

NOVEMBER 5, 2020

Ant Group 's initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. 3), one day after Beijing debuted a set of regulations that would have forced Ant Group to re-do its business model.

Groups 189

Groups Regulation Financial Technology Lending 189

Abrigo

JANUARY 17, 2023

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. APIs and digital doc prep ease the workload on your SMB and commercial lending staff, too. . Digital lending.

Lending 195

Lending System Customer Experience Case Study 195

Abrigo

AUGUST 28, 2022

Develop better ag lending workflows before demand picks up. A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. Takeaway 1 Now is the time to plant the seeds for harvesting growth in the ag loan portfolio by creating a better ag lending process.

Lending 195

Lending System Analysis Data 195

PYMNTS

DECEMBER 27, 2020

Financial regulators in China are moving to curb the influence of Jack Ma 's Ant Group by telling it to switch focus back to its mainstay payments business while fixing issues in personal lending, wealth management and more, The Wall Street Journal (WSJ) reports. The People's Bank of China criticized Ant on Sunday (Dec.

Groups 225

Groups Regulation Payments Lending 225

Bank Innovation

FEBRUARY 19, 2018

small businesses, specifically and unsurprisingly with those run by millennials, according to a new report by Mercator Advisory Group. SMEs have used online alternative lenders (P2P lenders or marketplace lending platforms) […]. Online alternative lenders are gaining momentum with U.S.

Millennials 303

Millennials Online Lending Groups 303

PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. The company's finance platform, Alipay, has reams of data on users' spending, borrowing and lending habits and histories.

Regulation 158

Regulation Groups Operations Lending 158

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. The peer group is 257 banks between $500mm and $1B in assets in the mid-west. We will write more on this topic in our next article.

National 195

National Lending How To Community Bank 195

Bank Innovation

MARCH 27, 2018

It’s actually not very common for a startup to be started in subprime lending, debt collection—those areas that frankly require a lot.Read More.

Lending 239

Lending Video Conference Innovation 239

PYMNTS

NOVEMBER 20, 2020

What’s next for Ant Group – and by extension, Jack Ma? . There are some tailwinds in place to help margins and consumer lending going forward as life, discretionary spending and even travel return to normal. . In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. .

Groups 236

Groups Regulation Policies Meeting 236

Payments Dive

SEPTEMBER 5, 2024

“The CFPB’s plan to reclassify EWA as a loan could accidentally backfire on the agency by driving people right back to the payday lending industry,” writes one tech trade group professional.

Lending 273

Lending Groups Industry 273

PYMNTS

NOVEMBER 3, 2020

For Ant Group, for Alibaba, and for the biggest IPO ever, it’s a case of hurry up and wait. In a sign that the scrutiny might go on for a bit, Alibaba, which owns 33 percent of Ant, said through a spokesperson, “We will be proactive in supporting Ant Group to adapt to and embrace the evolving regulatory framework.

Lending 199

Lending Meeting Groups Regulation 199

CFPB Monitor

JANUARY 4, 2024

Revenue Based Finance Coalition (RBFC), a trade group whose members include non-banks that provide sales-based financing to businesses, filed a lawsuit last week against the CFPB in a Florida federal district court challenging the CFPB’s final small business lending rule implementing Section 1071 of Dodd-Frank.

Lending 146

Lending Groups Florida Regulation 146

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 158

Lending System Online Operations 158

Abrigo

JUNE 12, 2020

Key Takeaways The soon-to-begin Main Street Lending Program (MSLP) aims to fulfill a need for mid-sized businesses to access relief funds amid the coronavirus pandemic. The MSLP aims to be a lifeline for businesses that may have been too big to participate in the PPP, but too small to access corporate lending facilities. learn more.

Maine 195

Maine Lending Regulation Resources 195

PYMNTS

JANUARY 19, 2021

Italy’s BNL , part of BNP Paribas Group , has debuted its multi-banking solution developed in conjunction with open banking FinTech Tink , according to a press release. Absa Group Collabs With Surecomp. Temenos offers a core banking platform for FIs that includes deposit account and lending capabilities. BNL Goes Live With Tink.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

NOVEMBER 3, 2020

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. Ant Group was looking to raise around $35 billion in proceeds from the offering. Shanghai said the meeting disqualifies Ant from listing on Thursday (Nov. 5) as originally planned. Ma also owns 4.2

Groups 160

Groups Regulation Meeting Lending 160

PYMNTS

NOVEMBER 4, 2020

China’s move to suspend Ant Group’s anticipated blockbuster initial public offering (IPO) likely came from the top echelon of the Chinese government, according to a report in the Financial Times. The suspension came just two days before shares of Ant Group were to go live on the Hong Kong and Shanghai stock markets. A collective $2.7

Lending 240

Lending Groups Regulation Marketing 240

Abrigo

APRIL 2, 2024

Stand-ou t bank business strateg ies for lending success These bank business strategies will help you market, target, add value to your lending services and build lasting relationships with your borrowers. Lending is a competitive and challenging industry, requiring constant innovation to attract and retain customers.

Lending 170

Lending Strategy Marketing Software 170

Bank Innovation

MARCH 23, 2020

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., Financial-technology firms including PayPal Holdings Inc.

US 259

US Fintech Lending Capital 259

South State Correspondent

MARCH 3, 2025

Germain Depository Institutions Act of 1982 enabled thrifts to offer money market accounts and expand lending powers, fostering competition with banks. of C&I lending. In 1980, all foreign-controlled banks composed about 13% of commercial lending. corporation had one or more foreign banks in their bank group.

FDIC 195

FDIC Trends Management ATM 195

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. You might also like this report on commercial loan automation systems DOWNLOAD. Definition of LOS.

System 338

System Lending Software Analysis 338

CFPB Monitor

AUGUST 31, 2023

A group of trade associations has sent a letter to CFPB Director Chopra urging the CFPB to address the disparity that has resulted from the order entered by the Texas federal district court in the lawsuit challenging the CFPB’s small business lending rule that granted preliminary injunctive relief only to the plaintiffs and their members. .

Lending 165

Lending Texas Compliance Groups 165

Independent Banker

JANUARY 31, 2022

The CARES Act of 2020 included a “Sense of the Senate” provision stating that the Small Business Administration (SBA) should issue guidance for lenders about prioritizing underserved groups for PPP loans. These groups include small businesses owned by minorities, women and veterans, as well as businesses located in low-income areas.

Lending 150

Lending Community Community Bank Compliance 150

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. Equiniti Eyes APIs for Risk Management.

Lending 194

Lending Risk Management Fintech Community 194

South State Correspondent

JANUARY 26, 2025

First – The Lending Curve of Community Banks Most banks cost of funding is highly correlated to shorter-term rates, and banks generally prefer shorter loan duration floating, adjustable, or fixed rates of up to one to two years. As an example, the 5-year yield is currently 13bps lower than the 1-month yield.

Community Bank 195

Community Bank Community Lending Marketing 195

PYMNTS

DECEMBER 23, 2019

More should be learned from the rise and fall of the peer-to-peer (P2P) lending sector, during which regulations were not introduced quickly enough, said economics professor Huang Yiping at the National School of Development of Peking University to Reuters.

Regulation 202

Regulation Groups Policies Big Data 202

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). 1, and will have to apply for a license to do so.

Groups 161

Groups Company Regulation Lending 161

Abrigo

DECEMBER 20, 2024

Both groups were recently asked to identify top priorities and trends ahead, and many pointed to efforts to manage the various impacts of still-high interest rateseven before Fed officials indicated they could reduce the number of potential rate cuts in 2025 from previous expectations.

Management 195

Management Risk Management Trends Lending 195

Abrigo

OCTOBER 21, 2024

How financial institutions deal with problem loans Problem loans are a natural outcome of the risks banks and credit unions take when lending, and they should be expected over the long run during the ups and downs of the business cycle. should be treated essentially the same.

Strategy 195

Strategy Management Taxes Meeting 195

Bank Innovation

MARCH 1, 2018

Credit Suisse Group and Dutch bank ING Groep NV today announced they successfully completed a €25 million ($30.48 million) securities lending transaction using blockchain-based software created by blockchain consortium R3.

NV 236

NV blockchain Security Resources 236

PYMNTS

DECEMBER 28, 2020

In today’s top news in digital-first banking, financial regulators in China are moving to check the influence of Jack Ma’s Ant Group, while the second pilot of a digital yuan by the People’s Bank of China has concluded. China's Central Bank Tells Ant Group To Concentrate On Payments Business.

Groups 156

Groups Payments Conference Regulation 156

PYMNTS

DECEMBER 28, 2020

Morgan Chase has agreed to acquire the rewards division of cxLoyalty Group Holdings , the companies announced in two press releases Monday (Dec. Todd Siegel , CEO of cxLoyalty Group Holdings, said in a statement that the transaction is “compelling” and will benefit all of the company’s stakeholders.

Connecticut 282

Connecticut Groups Customer Experience Cards 282

PYMNTS

DECEMBER 11, 2020

These interactions must give consumers the impression that they are still transacting with the same bank regardless of which channel they have chosen to use, said Eric Schuppenhauer , president of consumer lending and national banking at Citizens Financial Group.

Groups 169

Groups Mobile Tools Branding 169

PYMNTS

JANUARY 22, 2021

However, others piled on risk, he said, lending long-term loans while also raising short-term cash. A working group said it might be a good idea to set up a framework where industrial groups would be able to hold larger stakes in lenders. India's central bank has also recommended looking into letting corporates become lenders.

Regulation 272

Regulation Capital Lending Groups 272

PYMNTS

FEBRUARY 28, 2020

28) that digital currencies could potentially dry up lending for banks and affect the economy as a whole, according to a report by Reuters. The group will be co-chaired by Cunliffe and former ECB official Benoit Coeure , who helms the BIS Innovation Hub.

social media 239

social media cryptocurrency Study Groups 239