PYMNTS

APRIL 23, 2020

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. LendingTree. Lendsmart, Griffin Technologies. Fresno First Bank.

Fresno 142

Fresno Regional Fintech Lending 142

PYMNTS

SEPTEMBER 24, 2020

In a Masterclass interview with PYMNTS, Tom Donlea , vice president and general manager, APAC at global identity verification provider Ekata , said Asia offers greenfield opportunities — and some areas of risk — for merchants looking to offer digital wallets. Donlea noted that mobile wallets are designed for consumer and brand loyalty.

Mobile 245

Mobile Management Fraud Training 245

Abrigo

JUNE 2, 2015

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

Lending 150

Lending San Antonio CA Sacramento 150

PYMNTS

JANUARY 2, 2020

The funding will be used to introduce B-North’s regional “Lending Pods” across Manchester in the second quarter of 2020. The strength of investor response is testament to the B-North offering, and the quality and efficiency of lending that we can deliver to help [SMBs] fulfill their potential, thereby driving the U.K.

Lending 131

Lending Regional Study Fintech 131

PYMNTS

NOVEMBER 17, 2020

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes.

Fintech 247

Fintech Lending Alabama Software 247

PYMNTS

APRIL 12, 2017

The latest example of this comes from Regions Bank at its corporate headquarters in Birmingham, Ala. Prior to joining the Regions Bank community, Duggirala served as the CTO of Kabbage, a small business lender. While at Kabbage, Duggirala was responsible for moving the ball forward on the company’s lending platform scalability.

Regional 100

Regional Fintech Leadership Resources 100

Abrigo

AUGUST 28, 2019

Slow lending decisions and frustrating loan application processes are among borrowers’ biggest gripes with traditional financial institutions vs competitors such as online or alternative lenders. Contacting a branch manager might yield insight on depositors for potential upsells for loans. Drive faster lending decisions.

Lending 150

Lending Analysis Taxes Data 150

PYMNTS

JULY 29, 2019

California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We

California 108

California Management Sacramento Regional 108

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. Cash invested on the platform, said the company, stands at $2.7 Open Banking Partnerships – Focus On Romania.

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). While private investors have been generous in financing lending startups, IPOs have been scarce in recent years because of rising defaults among borrowers, as well as increased competition. which valued the company at nearly $4.5

Lending 116

Lending Fintech Atlanta Capital 116

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. For more community banks, the latter strategy can fast-track digitization initiatives.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

United States 286

United States Regional America Trends 286

PYMNTS

OCTOBER 2, 2018

We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product.

Lending 134

Lending Alabama Online System 134

PYMNTS

JULY 28, 2017

the embattled bank, is reportedly overhauling its auto lending unit in an effort to control risk. According to a news report in Reuters , citing an internal memo, with the restructuring, Wells Fargo will phase out 57 regional offices in the U.S. and get rid of the regional manager positions in the impacted offices.

Lending 100

Lending Arizona Regional Texas 100

PYMNTS

DECEMBER 7, 2020

NCR Digital Banking Senior Vice President and General Manager Doug Brown told Karen Webster there will be an acceleration of deal making on the other side of the pandemic, particularly as financial institutions (FIs) recalibrate and expand their digital efforts. operations to PNC Bank , creating the fifth-largest regional player in the U.S.

Google 282

Google Examples Regional Lending 282

PYMNTS

DECEMBER 20, 2017

Wells Fargo has announced that Mary Mack will lead its consumer lending unit. The consumer lending unit includes student lending and personal lines of credit businesses, as well as two businesses that are undergoing regulatory scrutiny: mortgage and auto lending.

Lending 108

Lending Retail Training Regional 108

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Data Capital Fintech 109

PYMNTS

DECEMBER 28, 2020

I mean, throughout the Latin American region that has happened, but it has been massive in Brazil. “Brazil at the beginning of last year was a different Brazil, for sure,” he said. “We We have seen a huge shift in the penetration of eCommerce. And the changes, he said, have been across the board toward digital.

Lending 220

Lending Data Marketing Regional 220

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

PYMNTS

MARCH 20, 2020

But analysts said the move represents an attempt to compete with a number of new online challenger banks that will appear in the region later in the year. Through this digital financing solution, more merchants can easily obtain rapid loans,” Zhao Wei, general manager of Cainiao Network Supply Chain Finance, told the news outlet. “As

Big Data 203

Big Data Operations Lending Regional 203

PYMNTS

AUGUST 6, 2018

Australian money managers are finding an opportunity in enterprise and small business lending as regulators crack down on the country’s traditional banking industry. That rate increase, as well as rising costs for banks to borrow offshore, has asset managers swooping in to grab corporate loan market share.

Management 100

Management Lending Regulation Industry 100

ABA Community Banking

OCTOBER 9, 2024

As president and CEO of $50 billion-plus BOK Financial, Stacy Kymes spends time thinking about the role of regional banks in the U.S. The post A place for regional banks: How BOK Financial finds and fills local needs appeared first on ABA Banking Journal.

Regional 105

Regional America Meeting Capital 105

PYMNTS

JUNE 30, 2016

Last month the firm teamed with Coupa , a deal that saw Coupa lending its travel and expense management tool into Sabre’s corporate booking solution. An announcement Wednesday (June 29) said Sabre has chosen Chrome River to enable Sabre employees to more seamlessly manage employee spend and invoice processing.

Management 100

Management System Regional Lending 100

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K.,

Data 167

Data Lending Regional Fintech 167

PYMNTS

JULY 1, 2016

For weeks the FinTech industry has been managing fears and anxieties over the future of the novel alternative finance space. Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Alternative Lending. alternative lending space this week, too.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

AUGUST 28, 2018

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. regional bank executives were gearing up for a bumper year, according to Bloomberg. Bancorp , the largest regional bank in the U.S., Bancorp said.

Lending 100

Lending Taxes Rhode Island Regional 100

South State Correspondent

MAY 2, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 3, 2023

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management.

Lending 195

Lending Capital Management Tools 195

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. discussed how they use continuous monitoring in their efforts to ensure safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

Abrigo

AUGUST 30, 2024

These FHLBs continued to lend to the member banks despite clear deterioration of their financial status. Capital rules are also being reassessed for members and the FHLB themselves in an effort to ensure greater financial stability and risk management. Finally, we may see a consolidation of the 11 regional FHLBs to increase efficiency.

San Francisco 195

San Francisco Risk Management New York Capital 195

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

Community Bank 195

Community Bank Community Kansas City Lending 195

PYMNTS

JULY 31, 2019

Andy Rowe is Enterprise Customer Excellence executive, and Elli Dai has been hired as Small Business and Personal Lending Group executive. Kowach, Rowe, and Dai will report to Mary Mack, head of Consumer Banking, and Hays will report to Jonathan Weiss, head of Wealth & Investment Management.

Community Bank 147

Community Bank Lending Regional Strategy 147

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 171

Fintech Lending Software Compliance 171

PYMNTS

DECEMBER 13, 2018

In an interview with the publication, Temenos Regional Managing Director Martin Frick said Avoka’s customer on-boarding solution “frankly puts our own front-office on-boarding solution to shame.”

Regional 180

Regional Lending Management Report 180

PYMNTS

JUNE 24, 2020

Beyond the price tags and headlines lies a pivot toward creating standards for the data exchange between traditional financial institutions (FIs), FinTechs and end users as individuals manage money, access credit scores, pay bills and even apply for mortgages. But, as he said, banks are users of open banking data too.

Data 262

Data Fintech Strategy Security 262

PYMNTS

AUGUST 12, 2016

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. banking system needs a bit of jostling. In the U.K.,

Lending 100

Lending Comparison Industry Innovation 100