Payments Dive

FEBRUARY 13, 2020

Mike Rittler, general manager of retail card services and personal lending at TD Bank, shares his insight on trends, transformative innovation and how the 'traditional check out' experience is on its way out.

Lending 419

Lending Trends Innovation Retail 419

Abrigo

AUGUST 25, 2021

Takeaway 1 Many tasks consumers once did in person have been transformed by digitalization – including retail banking. Takeaway 2 A consumer loan origination system can help FIs offer a fully digital retail lending experience. How can FIs overcome retail lending challenges? Automating consumer lending to become.

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Lending System Community Retail 195

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. division of L’Occitane has filed for Chapter 11 bankruptcy, while AutoFi is shifting into high gear with the debut of its “lending as a service” division. California’s AutoFi is shifting into high gear with the rollout of its “lending as a service” arm targeted toward corporate clients. “In

Retail 239

Retail US New Jersey New York 239

PYMNTS

APRIL 21, 2020

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

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PYMNTS

AUGUST 7, 2020

Everyone knows the old joke about how easy getting into the lending business is: “Lending money out is very simple — pretty much anyone can do it. It’s getting people to pay the money back that’s the hard part.”. While that’s a groan-inducer in good times, it’s a wince-maker in today’s economic downturn.

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Lending Innovation Fintech Examples 249

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. Macy’s closing 125 stores signals ‘more pain’ for retailers,” ABC News reported Feb. Retailers like Pier 1, Papyrus and Express are closing 1,000 stores. CRE a top focus for many bankers. Learn more.

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Lending Trends FDIC Survey 195

Bank Innovation

MAY 8, 2019

Having spent a lot of time attending to retail customers, banks are now trying to digitally transform their wealth management and commercial lending businesses. In the process, banks hope retail customers will buy these non-retail products.

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Lending Retail Innovation Management 277

PYMNTS

SEPTEMBER 24, 2020

is collaborating with Goldman Sachs Bank USA on digital transaction banking, while Sezzle has created a partnership with digital financial services company Ally Lending. BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options. Sezzle has formed a partnership with digital financial services company Ally Lending.

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Lending Analytics Technology Software 226

Bank Innovation

JANUARY 17, 2020

In this episode, editors discuss the following news developments: The overlap of retail with financial services, and reflections on the National Retail Federation annual conference in New York; Visa’s acquisition of Plaid and what it means […].

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Retail New York Video Conference 243

PYMNTS

SEPTEMBER 23, 2020

Our collaboration with Ally Lending enhances our customer financing offerings, making it possible for consumers to better manage their finances," said Charlie Youakim , executive chairman and CEO of Sezzle, in a press release. The FinTech Sezzle has struck up a partnership with Ally Lendin g, a digital financial services company.

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Lending Minneapolis Strategy Innovation 198

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

Retail 262

Retail Video Digital Banking Bitcoin 262

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. Community bankers need to understand their competitive landscape. The banking industry is nationwide and is becoming less branch-focused.

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National Lending How To Community Bank 195

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.

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Lending System Online Operations 158

PYMNTS

JANUARY 20, 2020

An idea that may get a splash of cold water is that the development of a digital fiat (at least, in Australia) would lead to a groundswell of payments at the retail point of sale — in other words, through a boost in use cases. What It Won’t Do. There are inherent risks, too.

Retail 219

Retail Payments Bitcoin Policies 219

South State Correspondent

FEBRUARY 28, 2023

Hospitality is currently at 8.2%, retail at 8.6%, multifamily at 4.99%, industrial/warehouse at 5.40%, and office at 6.8%. The relationship between cap rates, interest rates, DSCR, and LTV are all now conspiring to make real estate lending especially perilous. Cap rates for different categories of real estate vary (see graph below).

Lending 195

Lending Community Bank Community National 195

Bank Innovation

APRIL 29, 2020

Great Southern Bank is using lending technology from the cloud banking vendor nCino to increase efficiency for commercial and retail loan officers. “We

Lending 259

Lending Retail System Operations 259

South State Correspondent

APRIL 16, 2025

In this way, the risk surface becomes a tool for holistic risk awareness one that helps decision-makers see beyond spreadsheets and into the complex topography of lending. Some lending markets, such as hospitality, retail and construction have completely dislocated. The same is true for banks lending to certain credit sectors.

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Management Lending Groups Capital 195

South State Correspondent

FEBRUARY 12, 2025

Countering this trend is more competitive lending than we have seen in 2024 that manifests in more price concessions and less than expected margin relief. Tight supply in most commercial credit sectors such as office and retail, has helped improve both the probability of default and the loss given default in most markets.

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Trends Community Bank Capital Industry 195

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. As the caps came off deposit rates, banks increased their rates offered to retail and commercial customers. of C&I lending. The Garn-St.

FDIC 195

FDIC Trends Management ATM 195

SWBC's LenderHub

APRIL 21, 2025

See why retail checking strategies are just what your institution needs to enhance loyalty, boost revenue, and unlock success. Every aspect of a financial institution is consistently evolving to keep up with modern-day trends, needs, and technology. In an industry that is constantly on the move, effective strategies are key to staying ahead.

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Strategy Retail Customer Experience Trends 78

Perficient

JULY 11, 2022

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.

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Fintech Trends Apple South Dakota 474

PYMNTS

JANUARY 24, 2021

British travelers age 55 and older buoyed by confidence in newly approved COVID-19 vaccinations are driving a powerful surge in trip bookings, the Financial Times reports. The paper cited positive data from a large swath of UK tour operators.

Operations 260

Operations Groups Lending National 260

PYMNTS

JANUARY 19, 2021

In an effort to strengthen its offerings to SMBs, Romania’s NETOPIA Payments is integrating a lending feature from Bulgaria’s TBI Bank. ní banka , part of the Société Générale Group , has chosen FinTech Temenos to digitize its retail and corporate banking operations, according to an announcement. The Czech Republic’s Komer?ní

Fintech 341

Fintech National Groups Tools 341

Chris Skinner

FEBRUARY 24, 2017

In fact, saying ‘fintech’ is like saying ‘retailer.’ But what exactly are they retailing and, in the fintech sense, what areas of finance are these companies automating? It is no longer this big bucket of finance and technology. This gets interesting as we now have a market that is spreading its wings into lots of different areas.

Fintech 342

Fintech Regulation Technology Analytics 342

PYMNTS

NOVEMBER 4, 2020

trillion was chasing the Ant Group IPO, with retail bids coming in at 870 times over the value of the shares on offer, according to the news outlet. Chinese regulators are also growing concerned about the breakneck growth of Ant Group’s lending business. A collective $2.7

Lending 240

Lending Groups Regulation Marketing 240

PYMNTS

MARCH 10, 2020

Blockchain Co-Founder and CEO Peter Smith said per the report, “Institutional and retail investors have the same financial goals — grow wealth and manage risks — but the tools at their disposal are vastly different.”. The offering occurs following Blockchain’s opening of an institutional lending desk last summer.

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New Jersey Bitcoin Lending blockchain 217

BankInovation

JUNE 25, 2024

Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of “The Buzz” podcast. According to auto lender and Pagaya partner Ally Financial, POS financing is expected to reach a value of more than $81 billion by 2030.

Lending 121

Lending Retail Technology Payments 121

Bank Innovation

JANUARY 23, 2020

Ally Financial this week reported it’s continuing its winning streak in deposit growth. In a third-quarter earnings report, the bank reported total deposits of $119.2 billion, up 18% year over year. Meanwhile, the bank’s customer retention rate stands at 96%, a level it characterized as “stable and strong.” Ally revealed that it has 1.94

Report 221

Report Lending Innovation Strategies Marketing 221

PYMNTS

FEBRUARY 23, 2020

The operation will likely include savings and lending products, and it comes just two years after U.S. Adamson also has experience as a retail lender, chairing the risk committee at Virgin Money until last November. bank Goldman Sachs launched a digital bank called Marcus in the U.K. Goldman’s strategy is to lure U.K.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

Perficient

JANUARY 12, 2021

We’ve typically seen that this lends itself to focus on areas such as ratings, reviews, and online price shopping, but trends are now showing there are other effective methods for online, as shoppers want to engage with products both at an experiential level and to ensure the best fit for their needs. So, is now the time for AR?

Customer Experience 538

Customer Experience Branding Video Online 538

Abrigo

FEBRUARY 13, 2020

Lending & Credit Risk. Breaking Down The 2020 Business Lending Readiness Survey: Roadblocks to Top Results. CRE Lending. Lending & Credit Risk. Lending & Credit Risk. Power’s 2020 Customer Satisfaction Survey. Learn More. Navigating the CRE Landscape: Leveraging Your Portfolio For Growth in 2020.

Community 273

Community Lending Management Innovation 273

ABA Community Banking

NOVEMBER 26, 2024

The post Bank Community Engagement: Small-business lending can be a win-win. An approach that not only addresses challenges of access to capital for underserved communities, but one that also builds a customer pipeline for the future. Here’s how. appeared first on ABA Banking Journal.

Community 52

Community Lending Capital Community Bank 52

Bank Innovation

APRIL 8, 2020

With the launch of the Small Business Administration’s program Friday, bankers are engineering the best ways to handle the customer service inquiries flooding banks’ digital channels. “We dove headfirst into this,” said Becky Buhr, vice president of finance and retail […].

Retail 370

Retail Customer Experience Innovation Strategies America 370

PYMNTS

JANUARY 12, 2021

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate businesses’ and consumers’ shifting needs. Instant Payments and the Millennial Push.

Millennials 239

Millennials Payments Lending Study 239

Banking Exchange

MAY 26, 2021

The banking giants have fulfilled pledges made last year to boost investment in minority-owned banks and businesses Retail Banking Duties Lines of Business Feature Business Credit Financial Trends Feature3 Fair Lending Diversity Socially Responsible Investing.

America 167

America Lending Trends Retail 167

Bank Innovation

JANUARY 31, 2020

This week, the Consumer Financial Protection Bureau filed suit against Citizens Bank, alleging violations of the Truth in Lending Act (TILA), including implementing Regulation Z and the Credit Card Accountability Responsibility and Disclosure Act.

Cards 259

Cards Lending Regulation Management 259

South State Correspondent

MARCH 4, 2025

Step 2: Structure Choosing a Problem-Solving Approach When Solving Strategic Challenges Different problems lend themselves to various forms of solutions. This would lend itself to more of an issue-driven or, more likely, a design-thinking approach.

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Examples Capital Data Case Study 221