Dafinchi AI

LendingTree, Inc.

TREE

Financial Services

2w

AI-First Strategy and Integration Across Business Operations

LendingTree has committed to being an AI-first company for 18 months, with all employees now using AI tools including enterprise GPT.
Significant investment in data infrastructure, notably Snowflake, to connect AI with internal data, aiming to boost efficiency.
AI is being integrated into product development and marketing, with early positive results in paid search, organic search, and LLM answers.
Management emphasizes AI's potential to improve customer guidance, increase close rates, and enhance revenue and profitability.

Orrstown Financial Services, Inc.

ORRF

Financial Services

3w

Strong Loan Pipeline and Talent Acquisition Driving Growth

Loan pipeline is at its highest since the merger, reflecting regional economic resilience and successful talent recruitment, including a top middle-market lender from a $40 billion regional bank.
Modest 6% annualized loan growth with a good mix of C&I and CRE loans, and a strong pipeline heading into Q3.
Recent hires include a top lender from a large regional bank, emphasizing talent's role in growth and relationship management.

LendingClub Corporation

LC

Financial Services

2w

Launch of LevelUp Checking with 2% Cash Back for On-Time Loan Payments

Introduction of a first-of-its-kind checking product offering 2% cash back for on-time personal loan payments and 1% cash back on everyday purchases.
Nearly 6x increase in checking account openings per day post-launch, with 60% of new accounts by borrowers.
Management emphasizes the strategic goal of increasing member engagement, cross-sell opportunities, and long-term customer lifetime value.
Early results are encouraging, with a focus on building a sticky, multiproduct ecosystem.

F.N.B. Corporation

FNB

Financial Services

4w

Expansion and Integration of Omnichannel Customer Onboarding via Clicks-to-Bricks Strategy

Completion of industry-leading omnichannel onboarding platform integrating online, mobile, and in-branch channels.
108% increase in common app submissions linked-quarter, with full branch origination starting in June.
Enhanced risk and fraud controls, faster processing times, and improved customer experience.
Introduction of business deposit account origination allowing small businesses to open checking accounts and apply for loans simultaneously.
Leverage of AI within the app to identify cross-sell opportunities and personalize customer offerings.