Small businesses becoming more satisfied with fintech lenders: Survey
For many borrowers, near-guaranteed approvals and faster turnaround times are more important than the lower rates offered by banks and credit unions. ... Read full article
For many borrowers, near-guaranteed approvals and faster turnaround times are more important than the lower rates offered by banks and credit unions. ... Read full article
Lisa Frazier, an adviser to banks and startups, will succeed Steve Ellis, who is stepping down after more than three decades with the company. ... Read full article
Seacoast in Florida slashed the time it took to make 7(a) loans within months after establishing a partnership with an online lending startup. ... Read full article
Sageworks, a financial services software firm that provides institutions with lending and risk solutions, is being sold to Silicon Valley-based Accel-KKR. ... Read full article
Fintech challenger banks like Simple, Moven, Varo and Chime have faced separate headwinds in recent years. Here's how they’re taking up the charge again. ... Read full article
While working with new fintechs carries some risk, it can also provide community banks with an affordable way to upgrade products and technology. ... Read full article
Banks need to curate and bring many financial services to their customers, says Chris Skinner, author of the new book Digital Human. ... Read full article
Fintechs attending Consensus 2018, the annual cryptocurrency event, said they found promise for a market still trying to find a path to unified operations and wider acceptance within financial services. ... Read full article
The bank, in conjunction with iCapital Network, is slashing requirements to participate in certain alternative investments that it once offered mainly to institutions or the ultrarich. ... Read full article
There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn. ... Read full article
Women frustrated with limited opportunities for advancement and problems with sexual harassment should consider creating their own financial institutions tailored to the needs of female consumers. ... Read full article
The technology platform powerhouse is betting on integration, but competitors eye disruption. ... Read full article
Fill a room with bankers and you'll hear a wide range of views on technology's role in their business. ... Read full article
Fintech founders and John Schulte of Mercantile Bank share what it takes to make bank/fintech relationships work. ... Read full article
A need for risk-focused data aggregation and analytics tools is at the heart of IBM's latest acquisition for its bank consulting portfolio. ... Read full article
Manuela Veloso, head of the machine learning department at Carnegie Mellon University, will join the bank in July. ... Read full article
The move is part of a larger trend to provide enterprise customers with tech capabilities available to retail customers. ... Read full article
The program has expanded to seek startups in Chicago and Wisconsin for mentoring and potential partnerships. ... Read full article
Onboarding technology isn't enough if the account opening process is too cumbersome, a J.D. Power survey finds. ... Read full article
Leader Bank says it can land property managers as commercial clients by helping them handle tenant deposits — and possibly create opportunities to boost CRE lending. ... Read full article