August Insights From the Lending Industry
1 in 4 Banks Reported Tightening Loan Terms in Q2: Weekly Stat
“File this data under the category, “Signals that banks are restricting credit.” Some large and middle-market borrowers faced tighter standards from commercial banks in the second quarter, found a Federal Reserve survey. After some easing of business lending standards in 2021 and 2022, domestic U.S. banks may be getting more scrupulous when it comes to borrowers and the terms they offer on commercial and industrial (C&I) loans.”
Commercial Factor Q&A: REV Capital’s Mark Dubs Discusses New Division, Regulations, Interest Rates and More
“In early July, REV Capital, a provider of factoring and cash flow financing in Canada and the United States, announced a new commercial finance eastern division and appointed Mark Dubs president of the eastern division.”
Four Essential Tech Trends Changing Banking in 2022 and Beyond
“Advanced, predictive artificial intelligence, robotic branch assistants and helping consumers secure digital goods in the metaverse are among the top bank technology trends financial institutions must consider as they begin to set their priorities for 2023.”
SFNet International Finance & Development Committee Launches ABL Cross-Border Database
“SFNet’s International Finance and Development Committee has recently announced the launch of its ABL Cross-Border Database. The database is a comprehensive compilation of information from publicly available credit agreements in large cross-border asset-based loans. “
Bank Technology Strategies: From the Core to the Cloud
“Digital transformation will be incomplete if banks and credit unions stop short of end-to-end change, including moving to a cloud-based core computing platform. A veteran bank technology exec explains what’s at stake and makes specific suggestions for how to deal with the complex procedure.”