Bank Innovation

MARCH 6, 2020

What sets us apart from banks is we built the system from scratch geared […]. Iwoca, a London-based small business lender, announced a debt financing round of 100 million euros ($112 million) last week to fund new loans in Germany.? “We

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Abrigo

APRIL 11, 2025

For example, if cattle lending occurs across four markets, reviewing it holistically requires manual effort just to piece together a universe from which to draw a sample. For the first time, we could evaluate lending segments independently of the bank's organization.

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Tools Lending Data Risk Management 195

Abrigo

JANUARY 17, 2023

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. APIs and digital doc prep ease the workload on your SMB and commercial lending staff, too. . Digital lending.

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Lending System Customer Experience Case Study 195

Accenture: Banking

JUNE 17, 2020

But as recent world events have shown us, change is inevitable. Lenders and lessors, in particular, are modernizing their lending and…. The post Modernizing your lending platform? Here’s what you need to know. appeared first on Accenture Banking Blog.

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Bank Innovation

MARCH 23, 2020

are lining up to help speed lending to small businesses during the coronavirus crisis — and are pushing for a slice of emergency U.S. Financial-technology firms including PayPal Holdings Inc. government funding. and to permit the firms to […].

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US Fintech Lending Capital 259

Abrigo

APRIL 11, 2025

One example: a $400 million-plus bank serving customers and businesses in western Ohio and through its specialty lines of business nationwide began a project to optimize its use of Abrigos Sageworks lending and credit solutions. Find out how Abrigo helps optimize lending with small business loan origination software.

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Technology Software Training Risk Management 195

PYMNTS

JANUARY 26, 2021

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. L’Occitane’s US Unit Enters Bankruptcy As Part Of Lease Negotiations . NY Fed: US Consumer Optimism Surges For Long Term. In today’s top retail news, the U.S.

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Retail US New Jersey New York 239

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. Small business lending company Simply Asset Finance recently announced that it has completed its first funding deal using Open Banking. Simply Completes First Open Banking Funding.

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PYMNTS

FEBRUARY 28, 2020

Separately, blockchain-based small business lending platform OneConnect, a Chinese company, has rolled out a new portal for SMB lending in the Guangdong province. Paystand is another firm utilizing blockchain in the B2B FinTech arena, tapping into the technology to streamline B2B payments with its payments-as-a-service solution.

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blockchain US Innovation Lending 249

South State Correspondent

APRIL 16, 2025

Tools like the US Trade Tariff Exposure matrix from IBISWorld help us manage the potential future outlook for each industry thereby allowing banks to adjust credit allocation and pricing. Some lending markets, such as hospitality, retail and construction have completely dislocated. What is the Risk Surface of a Loan?

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Management Lending Groups Capital 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. The 1980s also saw an influx of foreign banks entering the US market, targeting commercial customers. In the 1980’s, Japanese banks, with offices in the US, accounted for 2.7%

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FDIC Trends Management ATM 195

PYMNTS

JANUARY 17, 2021

With the facility, Figure will work on fueling mortgage lending growth, which shot up nearly 50 percent month over month in the fourth quarter. Morgan will help us continue to innovate in the lending space,” said Mike Cagney , CEO and co-founder of Figure, according to the release. “We This facility with J.P.

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South State Correspondent

JULY 7, 2024

In commercial banking, lending optionality occurs for liquidity, credit, or interest rates. Another example of interest rate lending optionality is a lack of prepayment protection on loans. Conclusion Bankers need to be able to quantify and charge for the benefits of lending optionality held by their customers.

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Lending Community Bank Community Exercises 195

South State Correspondent

NOVEMBER 2, 2022

From a lending perspective, the graph below shows the lending curve from three months to 20 years and demonstrates the average commercial loan rates for different repricing terms. The post Post Fed – A Lending Tactic For The Yield Curve Inversion appeared first on SouthState Correspondent Division. The Yield Curve Inversion.

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Lending Community Bank Community Meeting 195

Abrigo

MARCH 5, 2025

Kirby said, Loan Review Assistant is a wonderful training tool for newer analysts, allowing us to reduce the time needed to onboard them while maintaining high-quality risk assessments. This is a practical, well-designed solution that makes life easier for those of us in the trenches of risk management.

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Risk Management Management Tools Compliance 195

South State Correspondent

APRIL 8, 2025

That means that of the 5% loan growth target, 2% will be organic growth (let us relax the inflation adjustment differences on GDP and nominal loan growth). Now, let us consider the scenario for the bank on the left in the graphic above. Therefore, 3% of the loan growth must be business acquired from other financial institutions.

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Management Community Comparison Examples 195

Bank Innovation

MARCH 6, 2020

What sets us apart from banks is we built the system from scratch […]. Iwoca, a London-based small business lender, announced a debt financing round of 100 million euros ($112 million) last week to fund new loans in Germany.? “We

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Lending US System Management 221

South State Correspondent

MAY 22, 2024

In this article, we highlight the state of the bank commercial real estate office lending sector and make an argument about why banking might be better off than most analysts think. The State of Office Lending Risk – Traffic 2024 will mark the fifth consecutive year where office demand has declined.

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Lending Marketing Philadelphia San Francisco 195

Abrigo

MAY 11, 2020

When the program opened on April 3, hopeful borrowers flocked to their banks and credit unions – figuratively speaking – to apply for a loan, only to find that their financial institution was only going to lend to customers with a certain level of relationship. Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

US 195

US Lending Community Technology 195

Perficient

JANUARY 24, 2023

Lyft, one of the largest ride-sharing companies in the US, offers an exclusive checking account and debit card for its employees (who are independent contractors). If you would like Perficient’s strategists to help you and your firm on your embedded banking journey, reach out to us here.

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Branding Cards Strategy US 472

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

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Lending Community St. Louis Community Bank 158

PYMNTS

NOVEMBER 15, 2020

Shayan Khwaja , BBVA executive vice president and director of consumer lending, spoke with PYMNTS about the must-haves of the future, explaining more digital onboarding is needed alongside collaborations that show consumers more information about how they're spending. A deal would also signal a BBVA pullback from the U.S., according to WSJ.

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Report Alabama US Texas 247

Bank Innovation

FEBRUARY 27, 2020

Afterpay’s efforts to embed itself in the U.S. retail ecosystem are showing results. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered. This is the first time since the company’s 2014 launch that its U.S.

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Marketing US Retail Customer Experience 293

Perficient

OCTOBER 28, 2024

CFPB On June 24, 20024 the Consumer Financial Protection Bureau (CFPB) approved a new rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate the value of a home. Mortgage lenders use this collateral valuation to determine how much they will lend on a property.

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Regulation Fraud Tools Compliance 221

South State Correspondent

FEBRUARY 27, 2022

Current Risk in Term Lending. We find that the program enables us to differentiate our loan offering from most banks, we show customers that we can provide a service that some others cannot offer, and we compete less frequently for that same borrower’s business.

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Lending Community Bank Community Meeting 195

PYMNTS

SEPTEMBER 21, 2020

For instance, some lawmakers have pointed out that the Fed's $600 billion fund to lend to SMBs has only rarely been used because of perceived strict lending terms. Powell plans to contest that the Fed's powers are limited and that the crisis lending facilities were merely a "backstop," FT reported.

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US Lending Maine Survey 176

PYMNTS

OCTOBER 29, 2020

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, leveraging the cloud to deploy digital banking has allowed us to introduce updates more often and innovate faster.

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US Fintech Tennessee Compliance 203

PYMNTS

OCTOBER 19, 2020

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. Lending DocAI is part of Google's Document AI portfolio for the mortgage industry. And with Lending DocAI, now in preview, we're delivering our first vertically specialized solution in this realm.”.

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Google Tools Lending Industry 264

Abrigo

OCTOBER 19, 2023

On the loan origination side, Abrigo’s Sageworks Lending product was lauded for its ease of use. “We have been using the Sageworks Lending software for over three years,” said one reviewer. “It It has provided us with so much efficiency, and it has allowed us to expand without adding more resources.

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Software Lending Resources Community 221

Independent Banker

JUNE 30, 2022

As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. The forced urgency behind that program lit a fire under us to implement new solutions quickly and efficiently, because our small business customers needed them.

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Lending Idaho Nevada Oregon 141

PYMNTS

JANUARY 20, 2021

finance chiefs aren’t sure what to do with the massive borrowed cash piles they’ve accumulated for pandemic relief, the Financial Times (FT) reported. The numbers came out to $2.5 trillion borrowed by corporate America last year.

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How To US America Report 266

Perficient

AUGUST 4, 2024

For example, a lending institution can use Azure Functions to analyze borrower data and assess credit risk more accurately, leading to better-informed lending decisions. Contact us to learn more!

Industry 467

Industry Compliance Examples Risk Management 467

Perficient

MARCH 19, 2021

In addition to the creation and funding of ECIP, the US Treasury also created two other investment programs that are complementary to ECIP. Emergency Support and Minority Lending Program: a $1.75 billion program to expand lending, grant making, or investment activity in low/moderate-income minority communities.

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Community Capital Lending US 309

PYMNTS

MAY 4, 2020

“Given the enormous impact of the coronavirus outbreak on the American economy, and especially the unprecedented spike in unemployment that has occurred in recent weeks, it is no surprise to see banks reining in lending,” the study’s authors wrote.

US 243

US Survey Cards Study 243

BankUnderground

APRIL 3, 2025

On balance, the literature is critical of loan forbearance in the corporate sector because of its potential to contribute to zombification a situation where bank lending keeps unproductive firms alive, resulting in lower aggregate total factor productivity. If you want to get in touch, please email us at bankunderground@bankofengland.co.uk

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Lending Tools Management Policies 52

PYMNTS

MAY 5, 2020

Almost one-in-four credit card holders reported that their credit limits had been slashed or their cards shut down as banks have had to hit the brakes on lending activity. And the general mood of the public indicates many people intend to change their habits and spend less time out of the house even after the pandemic passes.

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US New York Cards Millennials 188

PYMNTS

JANUARY 5, 2021

By collaborating with Opportunity Fund, we refer members for small business loans we don't offer in-branch, ensuring that whether it's us or our trusted partner Opportunity Fund, we can support entrepreneurs — especially entrepreneurs of color, women and immigrant business owners — in making their dreams a reality.”.

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San Jose Lending Community California 198