Banks

Fintech is behind the boom in personal loans and banks should take note – Econsultancy

The market for consumer loans in the US is booming. According to data from TransUnion, last year, the total amount of consumer loans outstanding hit a record $138bn, a 17% jump from the year prior. TransUnion says the “main driver” of this rapid growth is lending by upstart fintechs, which accounted for over a third […]

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Here’s What Credit Unions and Banks Should Look Out for In Digital Marketing

Here’s What Credit Unions and Banks Should Look Out for In Digital Marketing Since its initial emergence, digital marketing has taken over the advertising industry by storm. This is evident by the budgets set aside for digital and TV ads, the former enjoying a bigger share of the marketing budgets in various institutions including credit

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Millennials like me will ditch legacy banks for connected experiences

It’s a fact universally acknowledged that millennials (of who I am – just – a member) are a lost generation. The victims of spiralling house prices, sky-high rents and stagnating wages, we’ve not generally felt the benefits of home ownership that have lifted the fortunes of the Baby Boomers and the Generation Xers. Without a

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Loan Approvals at Big Banks Break Another Record, Biz2Credit says

Another month brings another record high small business loan approval rate by big banks. Biz2Credit Lending Index July 2018 The July Biz2Credit Small Business Lending Index reports this was a strong month for small business lending approvals. Strong economic numbers including higher wages are driving lenders to give small businesses the funds they need to

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Small Business Loan Approvals at Big Banks Increase Again, Says Biz2Credit

The March 2018 figures for small business loan approval rates at big banks has increased yet again according to the Biz2Credit Small Business Lending Index. Biz2Credit Lending Index March 2018 Big banks, which Biz2Credit identifies as those with $10 billion + in assets, have delivered a 25.5 percent approval rate for the month. This is

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Amazon Withdraws 6 Power Banks From the Market Over Risk of Battery Overheating

Do you own an AmazonBasics portable power bank? If so, stop using it now because it poses safety risks. Effective March 13, the online retail giant has voluntarily recalled six power bank units sold between December 2014 and July last year but did not say why. The recall affected 260,000 power bank units. The U.S.

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Small Business Lending at Big Banks and Institutional Lenders Up Again, Biz2Credit Says

Loan approval rates at big banks and institutional lenders reached new highs in December 2017, the Biz2Credit Small Business Lending Index reports.  This increase also extended for the yearly comparison for both segments, delivering higher approval rates.  Biz2Credit Lending Index December 2017 For the month of December, Biz2Credit reported small business loan approval rates for big

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OBX Media Creates a New Look and Online Resource for Vacationers Seeking All Things Outer Banks at Obx.com

OBX Media developed a new online presence for Obx.com, the online resource for all things Outer Banks. Users can search for a rental home, research shops and restaurants, and plan their vacation. We explained our current website issues, how we wanted to modernize and beautify the website all the while making sure that we could

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