Remove Lending Remove North Dakota Remove Retail
article thumbnail

Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474
article thumbnail

Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

and New York had the lowest increases in credit risk, while North Dakota, Iowa, and Minnesota had the lowest volatility and were the most stable. Retail is the other sector worth noting as it is the opposite of multifamily. Banks are more leveraged than the average hedge fund, and lending decisions have outsized consequences.

Data 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

Lending is getting riskier. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. Minnesota, North Dakota, and Iowa were the least risky states to lend into. This quarter, it is 2.58%. Below are the current delinquency trends and projections.

Trends 195
article thumbnail

What Is Powering The Emerging Pawnaissance?

PYMNTS

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

Ohio 151
article thumbnail

Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 Online lending . billion people a month who visit it.

Lending 101
article thumbnail

Valuing Our Client’s Success

Independent Banker

We ignite prosperity in all the communities we serve through community reinvestment, lending to local businesses, and providing educational opportunities for the community and our employees. Retail locations: Two. We are more than a community bank; we are a community prosperity engine. The Bank of Tioga. Tioga, N.D. ROAA in 2015: 1.74

article thumbnail

Finovate Alumni News

Fintech Labs Insights

Lending Club opens to retail investors in Maryland and North Dakota, bringing its total to 45 states & Washington D.C. Peel Hunt Technology Sector Report highlights Featurespace. ThreatMetrix Enters Into Agreement with FUJI SOFT to Provide Online Fraud Solutions to Japan.