Abrigo

DECEMBER 16, 2014

Lending standards continue to relax, according to data from the OCC’s 2014 Survey of Credit Underwriting Practices. This type of easing is similar to that experienced between 2004 and 2006, the time period leading up to the financial crisis, which many attribute to inadequate lending standards.

Lending 223

Lending Survey Training Retail 223

Chris Skinner

OCTOBER 17, 2018

Things we’re reading today include: Growing corporate debt echoes 2008 crisis It’s time to worry when the Bank hears echoes of the sub-prime crisis Further blow for scandal-hit Danske Bank as regulator blocks board’s CEO pick Bank of England raises alarm over surge in high-risk lending Britain fell for a … The post Things (..)

Lending 186

Lending Regulation 186

Abrigo

FEBRUARY 2, 2015

The banking industry has seen a steady stream of media attention since 2008, much of it in the form of stories about data breaches linked to major retailers or mega banks’ profits. Two recent surveys addressing the community banking landscape have pointed to increasing regulations as the primary cause of stress for these institutions.

Community Bank 150

Community Bank Community Regulation Survey 150

PYMNTS

JANUARY 29, 2018

The global financial crisis in 2008 was, in many ways, a catalyst to this innovation, especially in the area of small business (SMB) finance, as banks pulled their services away from SMBs and FinTechs stepped in to offer another option. despite a flurry of concerns over regulations, economic development and more.

Lending 116

Lending Florida Report Community Bank 116

South State Correspondent

MAY 9, 2023

The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely. We have witnessed more bank failures by asset size in 2023 than in 2008 and 2009 combined. economy needs. economy needs.

FDIC 195

FDIC Regulation Capital Management 195

Abrigo

NOVEMBER 8, 2019

Some financial institutions may view stress testing as a “check the box” practice to satisfy regulators, but others are making the most out of the process. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. Learn More.

Lending 150

Lending Risk Management Analysis Capital 150

Abrigo

DECEMBER 22, 2023

Abrigo's most popular risk management blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators. As regulators focus on interest rate forecasts used for interest rate risk management, remember that flattening, steepening, or inverting yield curves can influence your projections.

Risk Management 221

Risk Management Regulation Management Lending 221

BankUnderground

NOVEMBER 13, 2024

Macroeconomic evidence suggests that this ‘ global financial cycle ’ is largely driven by US monetary policy: expansionary policy by the Federal Reserve drives increases in lending globally, while contractionary Fed policy leads to a tightening of global financial conditions.

Policies 102

Policies Lending US Chicago 102

PYMNTS

APRIL 17, 2018

Interest rates plummeted as the Fed held the federal funds rate at zero in the hopes of stimulating lending in an environment where credit went from dangerously free-flowing to dangerously non-existent in the span of a few months. The New Subprime Lending Path. Citigroup’s auto lending unit has been nearly entirely sold off.

Lending 137

Lending Examples America Metro 137

Abrigo

APRIL 19, 2022

As the OCC’s Internal Guidance from April 9, 2008, explains: An analysis of the guarantor’s global cash flow should consider inflows, as well as both required and discretionary cash outflows from all activities. Stay up to date on global cash flow and other lending trends. Lending & Credit Risk. Lending & Credit Risk.

Analysis 195

Analysis Taxes Lending Examples 195

PYMNTS

MAY 25, 2016

regulators suggesting that lenders do not finance corporations with an already hefty debt load. Reports by Financial Times said on Tuesday (May 24) that Wells Fargo vowed to continue to lend to businesses that have significant outstanding debt against the guidance of U.S. financial regulators. “We have certain processes.

Lending 100

Lending Regulation America US 100

PYMNTS

AUGUST 25, 2016

Though small businesses have suffered from a gap in financing availability post-2008, the demographic continues to shape the financial markets. The company takes a more narrow focus to small business lending than some other FIs by targeting the western U.S. the threat of regulation is headed the way of the alternative finance player.

Regulation 100

Regulation Lending Community California 100

Bobsguide

DECEMBER 20, 2016

The lending ecosystem has witnessed momentous changes in last five years, from fintechs disrupting the industry by leveraging technology and offering ease and speed in process, to evolution of stringent regulations post the 2008 meltdown. Technology has played a significant role in the rapid.

Lending 60

Lending Regulation Fintech Industry 60

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Their next target could be small business lending, and according to some experts, it’s fast approaching the market. New reports in Bloomberg on Wednesday (Oct.

Lending 109

Lending Google Fintech Industry 109

PYMNTS

APRIL 30, 2020

Some are more exposed to credit card debt and lending to oil and gas companies. banks have stopped lending as much to European businesses as well, showing the home bias that is expected during a financial crisis. Many European banks have reduced lending to oil and gas companies, though. However, U.S. billion for the effort.

Lending 188

Lending Comparison Regional Capital 188

Abrigo

AUGUST 30, 2022

You might also like this webinar on commercial lending strategy. The lack of alternative options in a rising-rate environment may be a factor when deciding to expand into commercial lending. CRE Lending. Lending & Credit Risk. CRE Lending. Lending & Credit Risk. Member Business Lending.

Strategy 195

Strategy Lending Risk Management Analysis 195

PYMNTS

SEPTEMBER 13, 2016

As the fluctuations within the small business lending industry continue, SMEs must keep their eye on the state of the market: whether capital is available, how affordable it is and where it’s coming from. But according to the report, small businesses do have some concerns about regulation. For Sheinbaum, this came as no surprise.

Regulation 100

Regulation Survey Lending Capital 100

PYMNTS

AUGUST 15, 2018

That’s because, particularly in the last five years or so, CashCall’s existence has become somewhat more legally fraught as it increasingly faces the ire of consumer groups, judges and regulators over the products it offers. The California Court Loss. The law did not, however, specify what that might mean. There’s no bright line,” she said.

Lending 101

Lending California Marketing San Francisco 101

PYMNTS

SEPTEMBER 18, 2017

has strongly hinted that the agency she birthed in 2008 and opened for business in 2011 — the Consumer Financial Protection Bureau (CFPB) — should be given the authority to do even more. We don’t need more regulation. After all, The Big Three were regulated by the CFPB and the FTC, and look where that got us.

Report 202

Report Regulation Data Retail 202

TheGuardian

JANUARY 15, 2023

The film opens in the wake of the 2008 financial crash: Fishwick’s customers are struggling to borrow from the high street, so he’s started lending them money. But to operate as a bank he needs a licence, and the Eton poshos regulating the banking sector decide he’s not the right sort of chap. Continue reading.

Lending 98

Lending Community Regulation Operations 98

PYMNTS

AUGUST 20, 2020

A multitude of SMB investors are looking to help, but lending to digitally focused SMBs comes with its own hurdles, including fraud risks and inefficient lending procedures driven by stiff regulatory measures. SMB Lending Risks. One of the most pressing issues plaguing SMB lenders is the risk of fraud.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

DECEMBER 9, 2020

Lukies said that prior to the 2008 financial crisis, regulators and the like normally left banks to their own devices, as long as they didn’t mess it up so that people couldn’t pay their bills or go shopping. Before 2008, banks were making a lot of money from a lot of things,” noted Lukies.

Innovation 306

Innovation Fintech Payments Regulation 306

CFPB Monitor

APRIL 30, 2020

Click here to listen to the podcast.

Lending 60

Lending Fraud Regulation 60

PYMNTS

AUGUST 21, 2020

The Financial Times and Sky News reported in February that the online bank was in the works and would focus largely on savings and lending services, but Sky News added more details with the latest report. financial regulator Clive Adamson, the report said. JPMorgan Chase would not comment, according to the news outlet.

Report 173

Report Digital Banking Technology Lending 173

Independent Banker

JUNE 30, 2022

This experience also firmly shaped how we work with regulators. Building trust with examiners became so important that when I was promoted to senior lending officer in 2005, I made it my mission that they wouldn’t uncover a problem I had not already identified. Manage loan portfolio relationships proactively after the loan is funded.

Community Bank 171

Community Bank Community Lending Training 171

PYMNTS

JULY 29, 2019

Glint Pay is an agent of Sutton Bank , and all of the accounts are regulated by the Federal Deposit Insurance Corporation. He said he got the idea for the business after the big financial crisis of 2008. They lend out more than they have.”. percent transaction fee. Users are then given a debit card, licensed by Mastercard USA.

Cards 191

Cards Colorado Denver Fintech 191

PYMNTS

AUGUST 28, 2018

Zandi suggests that the debt burden mirrors the subprime lending spike, which eventually led to the 2008 economic crisis and breakdown of the nation’s financial services market. “It Even so, while there are significant differences between leveraged lending and subprime mortgage lending, the similarities are eerie.”.

Lending 101

Lending Analytics Policies Marketing 101

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4011 – Temporary Lending Limit Waiver.

Regulation 122

Regulation United States Community Bank National 122

Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

Texas 150

Texas Fintech Regulation Management 150

PYMNTS

JULY 29, 2016

The outlet said insurance firms, like MetLife and American International, are branching out into an array of lending practices, including small business lending. Financial Stability Oversight Council and is North Dakota’s insurance commissioner, in an interview.

North Dakota 100

North Dakota Lending Regulation Industry 100

PYMNTS

JULY 17, 2019

Financial institutions are in a constant balancing act: open up access to capital for borrowers to promote economic growth and financial inclusion and mitigate against the risk exposure lending produces — sometimes with disastrous implications for the global economy. According to Price, data is at the heart of all of these balancing acts.

Data 130

Data Management Analytics Compliance 130

PYMNTS

JUNE 26, 2018

The ONO focuses on small firms that have been unfairly treated by excessive regulation, like repeated audits and investigations, excessive fines or unfair activity on the part of a regulator. The SBA and AICPA have been working together since 2008, the entities noted.

Groups 101

Groups National Compliance Lending 101

PYMNTS

DECEMBER 7, 2017

The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. ” According to the report, the regulator said the unauthorized sales happened from 2008 through 2016. “We The OCC gave the bank until Nov.

California 108

California CA Regulation Policies 108

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis. Blog Bank Credit Union'

Guidelines 223

Guidelines Payments Lending Capital 223

NCR

MARCH 7, 2018

However, these firms have long been barred from offering full financial services in the US due to regulations mandating the separation of commerce and banking. But now one key regulator in the US has suggesting this could change. At the moment, thoughts of any changes to these regulations are still hypothetical.

Regulation 53

Regulation Retail Community Bank Community 53

PYMNTS

OCTOBER 1, 2019

When the economy crashed in 2008, and fully bottomed out in June 2009 credit across the board froze. While other forms of credit were showing signs of returned in 2014, SMB lending still trailed its 2007 peak by 17 percent. The good news is that the bad news wasn’t worse news — the economy recovered, albeit unevenly and slowly.

Data 135

Data Lending Capital Regulation 135

PYMNTS

AUGUST 29, 2018

Deutsche Bank ’s Chief Executive Christian Sewing said on Wednesday (August 29) that the banking regulations in Europe remain fragmented, hurting the opportunity for international deals in Europe. The executive noted that the pressure for banks to consolidate via mergers and acquisitions is only going to increase.

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Conference Leadership Regulation National 100