Coronavirus Impact on Banking: Wall Street vs. Main Street

Coronavirus Impact on Banking:  Wall Street vs. Main Street

One month ago, life was good. Spring was just around the corner. Many people were getting ready for spring break. The dogwoods and azaleas were about to bloom at Augusta National for the Masters. Now, none of that matters. We are living through a chapter or two of a future history textbook. The first thing […]

Continue reading...

Life Lessons, a New Decade: How They Apply to Lending 

Life Lessons, a New Decade: How They Apply to Lending 

Life Lessons, a New Decade: How They Apply to Lending  Last year I talked about life lessons and how they apply to banking.  When I reviewed the list entering a new decade, I started to think about where the industry was at the beginning of the decade in 2010 versus where we are today.  How much has really changed?  Not only were these […]

Continue reading...

FinTechs: Where Are They Now?

FinTechs: Where Are They Now?

Lending to small businesses by FinTechs has been a hot topic. Investors have been investing significant dollars into companies like Lending Club and Prosper. Articles in the past have been predicting the end of traditional banking and lending as we know it. Borrowing money from your phone for business purposes will be the norm. Were these predictions of the end of small business lending by banks accurate?  It was always a little […]

Continue reading...