South State Correspondent

APRIL 24, 2022

However, some community banks are still deciding on the correct term lending index to adopt. Considerations For Choosing A Term Lending Index. The national and regional banks have been mainly adopting SOFR for loan pricing. The post What Term Lending Index Should Banks Adopt? Market Adoption. Conclusion.

Lending 195

Lending Community Bank Community Marketing 195

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

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. Fresno First Bank. Funding Xchange, Experian.

Fresno 142

Fresno Regional Fintech Lending 142

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. The regional bank also noted growing interest among smaller FIs to embrace the bank-FinTech collaboration trend.

Lending 194

Lending Risk Management Fintech Community 194

Bank Innovation

OCTOBER 4, 2017

The European Central Bank is planning to ask banks within the euro zone to up the amount of cash on hand to cover non-performing loans, a move meant to help bolster lending in the region. The proposal, which was released for public consideration yesterday, would give banks two years beginning on January 1st, 2018, to […].

Regional 225

Regional Lending Regulation Fintech 225

PYMNTS

AUGUST 21, 2020

While the report said not all of it is capital flight, $50 billion is considered the absolute ceiling for capital flight via cryptocurrency from East Asia to other regions. Prominent OTC trader Zhao Dong of crypto lending platform RenrenBit was questioned by police.

cryptocurrency 349

cryptocurrency Report Regional Capital 349

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

Bank Innovation

APRIL 13, 2020

Rapidly deployed automation technologies are helping community and regional banks keep up with the deluge of applications. The Small Business Administration launched its Paycheck Protection Program loans more than a week ago and banks have been racing to keep up with the volume ever since.

Innovation 370

Innovation Regional Community Technology 370

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. Drive faster lending decisions. throughout the loan process. Get started.

Lending 150

Lending Analysis Taxes Data 150

PYMNTS

JANUARY 2, 2020

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California. Afterpay released a statement confirming approval of its own California lending license six weeks ago, upping its shares by 4.6 The company offers U.S. ”

CA 130

CA Lending California Minnesota 130

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

Bank Innovation

MARCH 13, 2018

Rideshare company Grab, a rival of Uber based in Southeast Asia, is moving into financial services, aiming to serve those customers that might be underserved by traditional institutions in the region, company co-founder Anthony Tan announced today. Tan made the announcement at Money 20/20 Asia, which kicked off today in Singapore.

Regional 317

Regional Company Lending Online 317

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.

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

MAY 21, 2020

For the second consecutive month, each of the nation’s four regions saw sales dwindle in year-over-year sales, with the West seeing the greatest dip. Despite falling sales, median home prices for all housing types continued to rise in every region of the country last month to $286,800, up 7.4 percent in the region.

Regional 247

Regional National Marketing Lending 247

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

SEPTEMBER 29, 2020

But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. The other 50 percent, he said, comes from the SMBs that are being overlooked by the traditional financial services community, he told PYMNTS — and who create a majority of jobs in the region. trillion globally, according to Shoihet.

United States 286

United States Regional America Trends 286

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.

Lending 220

Lending Data Marketing Regional 220

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

FEBRUARY 27, 2020

It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. While the Southeast Asia region tends to get lumped together, Mehrotra said each market is unique, with two main groups of developed and developing countries.

Data 181

Data Regional Lending Analysis 181

Bank Innovation

MARCH 30, 2018

EXCLUSIVE—Consumers are impatient, and growing less and less inclined to fill out the long forms necessary to apply for a loan, mortgage, or other financial service. This is why banks need to use their treasure troves of data to make sure they don’t need to, Andy Hernandez, executive vice president and head of digital banking […].

Regional 186

Regional Digital Banking Data Online 186

PYMNTS

DECEMBER 7, 2020

operations to PNC Bank , creating the fifth-largest regional player in the U.S. No matter the size of the bank or the regional focus, there’s a general realization that disruption is on the horizon. Through the summer of this year, deal making was down 70 percent from a year earlier to 40 transactions. Gearing Up For Disruption.

Google 282

Google Examples Regional Lending 282

PYMNTS

DECEMBER 13, 2019

Robocash Group, a peer-to-peer (P2P) lending platform, aims to raise $5 million in the next half-year from investors in Europe who want to invest in Southeast Asia, particularly Singapore, according to reports. With the completed integration, Robo.cash users can invest in the region and its development. billion two years later.

Lending 130

Lending Regional Groups Marketing 130

PYMNTS

NOVEMBER 15, 2020

Big bank mergers have been scarce in the past decade since the financial crisis of the late 2000s, but despite that rarity, regional lenders have felt the crunch from bigger rivals like J.P. That roped in funds that could be used for acquisitions. A deal would also signal a BBVA pullback from the U.S., according to WSJ.

Report 247

Report Alabama US Texas 247

TheGuardian

NOVEMBER 30, 2022

A new report by the Australian Prudential Regulation Authority (Apra) found climate change could make banks more vulnerable to economic downturns as they face up to a threefold increase in lending losses by 2050, but that the system should be able to absorb the impact.

Lending 88

Lending Regulation Regional Industry 88

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 Alabama Lending Software 247

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

APRIL 30, 2020

Some are more exposed to credit card debt and lending to oil and gas companies. banks have stopped lending as much to European businesses as well, showing the home bias that is expected during a financial crisis. Many European banks have reduced lending to oil and gas companies, though. However, U.S. billion for the effort.

Lending 188

Lending Comparison Regional Capital 188

PYMNTS

JANUARY 26, 2020

AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. It provides credit lines to individuals and has usually worked in communities without much access to banks.

Fintech 247

Fintech America Capital Regional 247

PYMNTS

FEBRUARY 18, 2020

The company provides customers with trust system and identity solutions to aid in the areas of eCommerce and lending, particularly in terms of credibility. The region also experiences some of the highest fraud rates, in both finance and eCommerce. percent of web-sourced revenue in the region is lost to fraud, according to CyberSource.

Regional 171

Regional Lending Fraud Maine 171

Chris Skinner

MAY 10, 2017

By taking proactive steps, Hong Kong could become the leading FinTech centre within the region and one of the leading centres in the world. Many FinTechs are providing financial services directly to customers in areas such as payments and P2P (peer-to-peer) lending.

Strategy 271

Strategy Fintech Regional Technology 271

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

Bank Innovation

JANUARY 6, 2020

Jack Henry, the banking technology provider that specializes in community and regional banks, is expecting banks to increase their human-digital approaches in 2020.

Community 243

Community Regional Technology Company 243

Abrigo

DECEMBER 18, 2023

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

Risk Management 221

Risk Management Management Lending Capital 221

South State Correspondent

AUGUST 20, 2015

However, when it comes to commercial lending, the difference between banks can be wide. While this is understandable between banks, this credit gap can even be found within one bank as different regions, branches and even lenders can propagate these systemic differences. One bank’s “3” rated credit can be another bank’s “6.”

Community Bank 150

Community Bank Regional Lending Community 150

Bank Innovation

APRIL 23, 2019

With the majority of the region's debt collection being handled by small, provincial agencies, the process in Southeast Asian markets is still mostly manual. Digital debt collector AsiaCollect is hoping to change that.

Regional 236

Regional Fintech Marketing Operations 236

PYMNTS

SEPTEMBER 24, 2020

Shah emphasized that it's not necessarily valuable to make such predictions, however, because the SMB lending ecosystem is quite regional: FIs in one area servicing many agriculture SMBs may accelerate their small business lending activity, while FIs in another, more metropolitan region may step back.

Community 193

Community Community Bank Regional Lending 193