Benjamin Maxim

Small Business Lending Is Crucial in Fighting the Deposit Wars This Gonzo Banker article talks about how banks must develop a strategic approach to capture the small business lending market. By targeting underserved niches, employing dedicated teams, and leveraging automation, banks can streamline processes and reduce costs. The key is integrating technology and data-driven strategies to identify and prequalify potential borrowers. Discover in this article how to seize this market advantage. #SmallBusinessLoans #SmallBusinessLending #BankingStrategy https://lnkd.in/gytvkp78

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ETA opposed a remittance tax bill in Ohio, provides insight into Third Party roles in ACH transactions, and welcomes new members. Written by industry experts, get insights on payments like nowhere else… Let's dive in! https://lnkd.in/gWzbdSn6 #ETANewsletter #TTWeekly #ETAGR #ETAIA #ETAMembership #ETAEducation

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Unlock growth opportunities in lending for credit unions. Gain insights into emerging trends and innovative strategies. Elevate your lending approach and enhance member experiences with actionable insights and networking opportunities. Don't miss out on these valuable sessions: https://lnkd.in/evsTdQdv #LendingTechLive #LTL24

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Mbanq joins The BaaS Association! This alignment supports Mbanq in helping drive best practices within an industry that is rapidly changing in response to regulatory and technology shifts. Read more here: https://lnkd.in/gEUJtB53 #BaaS #CommunityBanks #Banks #FinTech #Innovation Vlad Lounegov Dave Mayo

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High-tech and feature-rich business credit card programs represent a significant opportunity for community banks. Here's how to ensure a successful business credit card launch. #BusinessCreditCard #CommunityBanks https://hubs.la/Q02wBj5J0

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New Research: Lenders Using the Snapdocs eClosing Platform Experience 18-Day Faster Loan Velocity than Industry Peers https://lnkd.in/gaabSbYF #creditunions #creditunion #mortgages #lending #loanservices Snapdocs

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As the demand for SMB financing grows, innovative lending solutions are stepping up. This PYMNTS article highlights how a fintech, Hello Alice, is using AI to streamline access to capital, addressing the specific needs of small businesses. With alternative lenders providing more accessible financial products, small businesses can more easily navigate growth challenges. These tech-driven approaches are vital for the sustainability and expansion of SMBs in today's economy. 🔗 Read more on how these data-driven technologies are transforming SMB financing here: https://lnkd.in/g9Uvgqu2 #smb #lending #data #embeddedfinance #openbanking

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Join Mark Robertson, SouthState Bank and Craig Jeffery, Strategic Treasurer LLC as they review some of the key drivers for the use of "instant" payments. Learn why companies are already using theses payment rails, and what is being contemplated and planned. Interested? Register here: https://lnkd.in/eJfVKZmr #SouthStateBank #StrategicTreasurer #InstantPayments #PaymentsInnovation #DigitalPayments #TreasuryManagement

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🔍 Today's blog post dives into Zeta's banking partnerships and integrations. We'll examine their relationship with Treasury Prime and Piermont Bank and the relative products they provide! https://lnkd.in/g8YW3EM4 https://lnkd.in/gADebpV4 #FinTech #FamilyFinance #StrategicPartnerships #Innovation #FinancialTechnology

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Exploring the realm of ACH payments is like peering into the intricate gears of modern finance—a complex system meticulously designed for efficiency and security. Discover how ACH payments streamline transactions, reduce costs, and enhance security in the digital age. Unravel the intricacies of ACH payments in this informative deep dive. #Finance #ACHPayments #DigitalPayments #Efficiency #Security https://lnkd.in/dfENqjVa

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The Dime Bank, Member FDIC, recently transitioned their website from thedimebank.com to thedime.bank domain to provide customers with an even more secure banking experience. With the '.bank' in place, consumers can quickly confirm emails and websites are real, and avoid interactions that could lead to identity theft and financial fraud. President and Chief Executive Officer Peter Bochnovich stated, “Customer security is a paramount concern at The Dime Bank, encompassing both personal and financial information. The '.bank' domain is a gated domain, like .gov, and is exclusive for verified banks. Providing cutting-edge technology that caters to customers' need for high-speed convenience along with security remains a key consideration in all our choices. By transitioning our domain name to 'thedime.bank' from 'thedimebank.com', customers can interact with confidence when they see the '.bank' at the end of The Dime Bank’s email address and website URL.” For the complete press release, visit www.thedime.bank/news. To learn more about .bank, visit www.thedime.bank/bank

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Andrew Mattingly, COO at FORUM Credit Union, brings over three decades of experience in lending to the table. Starting as a management trainee 34 years ago, Andy has worked in nearly every area of the credit union. For the past 11 years, he's focused on: → Lending → Data analytics → Business intelligence → New product development. One of the key initiatives he's spearheading now is Deal-Based Pricing. The idea is straightforward: Rather than asking borrowers what they want, FORUM will proactively offer what they're eligible for. This streamlines the lending process and reduces friction for borrowers. As Andy puts it, “We take away the friction." By leveraging AI and data analytics, FORUM aims to create personalized loan offers that cater to each borrower's unique profile. This approach has the potential to: → Improve borrower satisfaction → Optimize loan portfolio performance → Modernize the overall lending experience — What are your thoughts on the Deal-Based Pricing model? How do you envision AI transforming the lending landscape in the near future? Join us on this week's episode of Pioneers to dive deeper into these topics and more!

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Navigate the complexities of the FedNow® Service with ease. This blog answers commonly asked questions—ideal for community banks seeking to enhance their payments experience. #FedNowService #communitybanks #payments

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In the realm of #ACH #payments, there are occasions when an RDFI must return a debit entry to an ODFI. 🤔 💭 Why it matters: at some point, your organization will likely be on one side or the other of a dishonored return. It’s important you know what they are, how they work and what you can and can’t do! Learn more: https://zurl.co/qY8d

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Check out President Paul Rindone's contribution to the new Payments edition of the Finopotamus Industry Leaders Forums: "Can Instant Payments Lead to More Auto Loans?" Of course, the answer is yes. Click below to find out how. #fintech #creditunion #autoloans #autolending #faas

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