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 Deputy Governor of the Bank of England (BoE), Jon Cunliffe, said on Friday (Feb.

social media 239

social media cryptocurrency Study Groups 239

PYMNTS

NOVEMBER 27, 2017

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 4,500 | Prize to be awarded to one ModCloth social media contest winner for his or her contributions to humanity. Here are the numbers: $7.9

Lending 100

Lending social media Data Cards 100

Bank Innovation

JUNE 6, 2016

Two months in, Lenny – millennial-focused mobile lending app – is ready to hit the market with new budgeting and billpay products. Launched mid-March, Lenny’s goal is to help millennials build credit scores while still in school, with loans up to $10,000 and 0% interest (if paid on time). So far, Read More.

Lending 150

Lending Millennials Mobile Marketing 150

American Banker

DECEMBER 20, 2023

The developer used TikTok and other social media sites to lure Hispanic immigrants into predatory loans, the government alleges. The Justice Department and the Consumer Financial Protection Bureau are suing a real estate developer over an alleged bait-and-switch land-sale scheme near Houston.

social media 62

social media Houston Lending Compliance 62

PYMNTS

AUGUST 29, 2018

Representative Emanuel Cleaver II (D-MO) has published the initial findings of a probe into the alternative small business lending market in an effort to explore borrower protections, fairness and the possible need for greater regulatory oversight. According to the report, the practice is “exploitative” and “largely unnecessary.”.

Lending 109

Lending social media Report Data 109

Perficient

APRIL 20, 2023

blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation). Not to mention, institutions face new, more sophisticated threats every day that defy the ways in which they’ve traditionally conducted business (i.e.,

Marketing 294

Marketing Marketing Strategies social media Strategy 294

Abrigo

MARCH 6, 2017

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. His recent research reports have covered SMB lending, alternative lenders and automating commercial lending.

social media 150

social media Lending Community Community Bank 150

Bank Innovation

APRIL 27, 2018

From those that focus on payments or mobile, to the ones leveraging social media, blockchain, and artificial intelligence, there’s a global hoard of startups that want to muscle into the banks’ territory […].

social media 186

social media blockchain Mobile Fintech 186

PYMNTS

MARCH 13, 2017

sought external financing in 2016 , suggesting these firms simply aren’t interested in lending technologies or accessing, for instance, a loan from an alternative finance provider. 24 percent of SMEs don’t use social media for their businesses , found the latest analysis from B2B ratings and reviews company Clutch.

Financial Technology 127

Financial Technology Technology social media Taxes 127

Bank Innovation

NOVEMBER 4, 2016

TEL AVIV — PayKey, an intriguing Israeli startup that lets banks offer payments on any social media platform — and we mean any — won the demo contest at Bank Innovation Israel 2016 here this week. PayKey beat out 12 other finalists at the DEMOvation Challenge at Bank Innovation Israel, Read More.

Innovation 150

Innovation social media Payments Marketing 150

PYMNTS

NOVEMBER 19, 2020

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I Freeman allegedly worked with five co-conspirators.

Bitcoin 222

Bitcoin cryptocurrency Online social media 222

Perficient

OCTOBER 7, 2020

The delays that have been erased because of Covid-19 will lend themselves to fully virtual trials in the future. It’s been a long time coming, but it’s critical if we’re going to treat patients remotely from their homes. I think there will be some material shifts in how clinical trials are conducted as well.

Cleveland 309

Cleveland social media System Tools 309

Abrigo

DECEMBER 17, 2019

The types of compromised accounts that are commonly available and most popular on account markets are financial (bank, investments, brokerage), e-commerce, online payments, dating sites, mobile / telecommunications, social media, and email. Lending & Credit Risk. Learn More. Fraud Prevention. Learn More. Asset/Liability.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

APRIL 2, 2020

Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations. Financial data is useful in helping banks develop wide-reaching marketing campaigns, but social data is critical to developing offers for specific customers.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

JULY 2, 2020

Interest in SMB lending overall has therefore sharpened in recent months as legacy banks, digital-only FinTechs and lenders have moved to close the PPP’s gaps, but quick disbursements still remain a priority for waiting SMBs. How the Pandemic Is Driving SMB Lending Innovation.

Lending 198

Lending social media Industry United States 198

PYMNTS

MARCH 3, 2020

Unsecured lending is the theme of this week’s PYMNTS Provider Ranking of Personal Loan Apps , which looks at this fascinating space with fresh eyes to reveal the trends. FinTechs have revitalized personal lending with creativity, usability and more access. Roaring into the No. A decent head-start (and a strong concept) didn’t hurt.

social media 130

social media Lending Fintech Trends 130

PYMNTS

JUNE 17, 2019

There’s even talk that some employees of the social media giant will be able to get their salaries in the new cryptocurrency. Facebook will probably release a white paper on June 18 with an explanation of the social media giant’s plans for its crypto, or token.

Bitcoin 136

Bitcoin social media cryptocurrency Study 136

Bank Innovation

JULY 12, 2018

The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim. Most fintech startups don’t survive. Well, according to a […].

Fintech 247

Fintech Lending Industry Payments 247

Gonzobanker

AUGUST 17, 2022

Thankfully, there was still a smartphone and social media to commiserate. Lending Tech With Almost Steady Grades (Even With Rough Semesters). Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

Fintech 198

Fintech Lending Software Compliance 198

PYMNTS

FEBRUARY 2, 2021

Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov. 1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. Next Steps.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

JUNE 18, 2020

Facebook has purchased Mapillary in the social media giant’s efforts to expand open mapping efforts, Mapillary said in a blog post.

Company 160

Company social media Tools Lending 160

PYMNTS

AUGUST 18, 2019

Waters has been a vocal critic of the social media giant’s plans for its own digital currency. It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. Last month she — along with Reps. government has over monetary policy.

US 173

US social media Policies cryptocurrency 173

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. It cautions that any use of the technology should be “approached with an awareness of the risks,” and be subject to fair lending compliance measures.

Lending 130

Lending social media Compliance Regulation 130

PYMNTS

MARCH 19, 2020

This week’s look at the latest open banking efforts and bank-FinTech collaborations reveals small business lending to be an emerging bright-spot in this field. iwoca Drives SMB Lending Ecosystem Connectivity. iwoca Drives SMB Lending Ecosystem Connectivity.

Fintech 159

Fintech Lending social media Data 159

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. Improving The SMB Lending Experience. Asymmetric Information Exchange.

Data 193

Data Lending Capital social media 193

PYMNTS

AUGUST 5, 2019

Although local branches will be given autonomy to make lending decisions, bank officials will analyze data — including social media sentiment towards any borrower. We see the human touch as key when making lending decisions, and we want branches to have that autonomy.

social media 139

social media Lending Data Capital 139

Gonzobanker

APRIL 11, 2023

We’re living in a world where trust can snap overnight and social media has no off hours. A financial institution can change its lending system. Inform them of the upcoming change across all your brand’s channels (website, mobile app, social media). It can change its core system.

Digital Banking 148

Digital Banking social media System Customer Experience 148

Bank Innovation

MARCH 16, 2016

Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More.

Millennials 150

Millennials Mobile Florida Lending 150

South State Correspondent

MAY 2, 2022

Instead of thinking about how you can grow customers, the commercial lending team often thinks about increasing loans. When it first came out, many bankers laughed at the social media aspects of Venmo with its use of emojis. As mentioned above, it takes focus away from creating a brand and a value proposition in a product.

social media 195

social media Management Marketing Resources 195

PYMNTS

DECEMBER 4, 2019

In order to help FinTechs adhere to fair-lending laws, the Government Accountability Office wants regulators to explain their position on applying alternative data. Others have tapped into data generated from social media, a practice that is widely criticized.

Regulation 136

Regulation social media Study Data 136

PYMNTS

APRIL 22, 2020

The G-Group ecosystem includes Vietnam’s social media network Gapo and P2P lending platform Tima. We will invest more in technology and hiring talents, and will have Series A funding round soon too,” Cong Tran, a board member of GPay, told DealStreetAsia on Wednesday (April 22).

Payments 154

Payments social media Groups Taxes 154

South State Correspondent

MARCH 23, 2022

Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. Xpeers are customer support help reachable by phone, chat, social media, or email. Step 4: Reallocate Advertising Dollars into Customer Service.

Branding 221

Branding social media Strategy Data 221

PYMNTS

MAY 31, 2019

PayPal Hits $10B SMB Lending Milestone. More of today’s consumers are looking to the car as a smart guide to parking or safe driving, as a way to interact with social media and, most importantly, as a way to shop. The firm said a design defect in one of its applications may have exposed the data of its customers.

Lending 122

Lending Payments Apple social media 122

PYMNTS

SEPTEMBER 25, 2020

HSBC To Staff: Stay Off Bank’s Social Media Accounts . The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept. The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept.

Maine 153

Maine social media Atlanta Massachusetts 153

South State Correspondent

SEPTEMBER 19, 2024

Case Study: SBA Lending – The Traditional Approach Small Business Administration (SBA) loan production is the perfect example of a business line that screams for digitization. Banks will tend to transform consumer lending instead of tackling all of lending or all of onboarding. This is an example of scalability in banking.

Examples 195

Examples Lending Operations Management 195

Independent Banker

JUNE 30, 2020

I’ll continue to celebrate the independent spirit of community banks via digital forums and social media. The efforts of this year’s Top Lenders demonstrate that community banks are the best of both worlds: lending powerhouses that still put their customers, employees and communities first. Where I’ll be this month.

Community Bank 184

Community Bank Community social media National 184

PYMNTS

OCTOBER 16, 2019

The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

social media 110

social media Online Groups Video 110