Bank Innovation

FEBRUARY 28, 2017

Bank Innovation today released a beta of its relaunch, the most significant rebuilding of the site since its start in 2009. Let us know what you think of the rebuilt site by emailing info@bankinnovation.net.

Innovation 150

Innovation US social media Operations 150

Celent Banking

AUGUST 21, 2014

Nudge: Improving Decisions about Health, Wealth, and Happiness , Thaler and Sunstein, 2009. Predictably Irrational: The Hidden Forces that Shape our Decisions, Ariely, 2009. and yet customers typically think that most of these functions should be free (on the deposit side) or should cost less than they do (lending).

Course 178

Course Miami Examples Lending 178

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The DOJ Finding. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135

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

Bank Innovation

MARCH 6, 2017

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

Innovation 150

Innovation Online social media Operations 150

Bank Innovation

FEBRUARY 28, 2017

We have undertaken our most significant redesign and relaunch since Bank Innovation initially dropped online in 2009. This beta officially kicks off today and marks a new chapter in the life of Bank Innovation. We hope you love it. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we […].

Innovation 150

Innovation Online social media Operations 150

Abrigo

MARCH 6, 2015

The reports were positive: all 31 stressed banks “passed,” showing that they are stronger than they have been at any time since the tests began in 2009, the Fed reported. Stress testing is a critical risk management technique that deserves bolstering.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

Celent Banking

JUNE 12, 2015

Jim covers core systems modernization, the impact of cloud computing, and treasury management technology. My coverage will be focused on the technology impacts of meeting the financial management needs of business customers, ranging from global multinational corporates to small businesses. Transaction Banking Revenue and Deposits.

Lending 100

Lending Trends Meeting Banking Trends 100

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. No, we’re not talking about the launch of Square – that was in February of 2009. True in 2009. If this person can’t afford this, we won’t lend. The skies parted, the Earth shook and the song of angels was heard from on high.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

AUGUST 30, 2017

“Even with this number moving upward, the data is showing a decrease of delinquencies, which means that consumers are managing their loan payments better than they have in the past. percent since 2009, noted Experian. A student loan is an investment that can benefit someone for a lifetime. per person. but that has increased to 3.7

Analytics 112

Analytics Lending National Management 112

PYMNTS

JUNE 28, 2016

Scott and the management team have demonstrated they can lead LendingClub through this turbulent time,” Hans Morris, who was named the company’s chairman, said in the statement. The first was on the valuation of assets in six private funds, and the other was tied to loans made in 2009 to the former CEO and three of his family members.

Lending 101

Lending Maine Meeting Management 101

PYMNTS

AUGUST 30, 2017

While the homeowner was initially told that Wells Fargo would pay to extend the home interest rate lock, a regional manager reversed that decision, according to court documents. Truth in Lending Act. Real Estate Settlement Procedures Act and the U.S. Fees would then amount to between 0.125 percent to 0.25

San Francisco 121

San Francisco Nevada Regional Analysis 121

PYMNTS

DECEMBER 5, 2016

As reported in the Wall Street Journal , the housing lending market has become a bifurcated one, with credit costs low in a phenomenally low interest rate environment. But banks are tightening the reins on risks they will take, which translates into lending reticence. If the American dream is buying real estate, the U.S.

St. Louis 100

St. Louis Lending United States Marketing 100

Jeff For Banks

FEBRUARY 19, 2012

In many strategy sessions, senior management teams began to feel pretty good about their efforts in attracting core deposits, and how they are beating the big banks in deposit gathering. But the chart below from recent Small Business Administration research, although using 2009 data, demonstrates a trend worth noting. Not so fast.

Community Bank 96

Community Bank Community Industry Strategy 96

Gonzobanker

APRIL 23, 2020

If the institution is using this service in the AML and fraud departments, it might be wise to open these searches to loan officers managing their portfolios. Studies show that institutions that more rapidly pushed workouts in 2009-2012 came out healthier than those that chose to wait. Explore what guidance regulators might provide.

Management 78

Management Tampa Analytics Data 78

PYMNTS

JUNE 5, 2019

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending. Step back a bit first.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

JULY 25, 2017

But, Passione noted, many of the players who are taking a pass on offering student lending and other forms of personal loans often aren’t doing so for lack of interest — but lack of ability via smart technology. Lending-as-a-Service. By offering a white label lending service, we are making those connections possible.”.

Lending 100

Lending Community Bank Millennials Community 100

BankNXT

MARCH 1, 2016

Could the 2009 subprime mortgage crisis have been avoided with blockchain? The subprime mortgage crisis, and why distributed ledgers would have been instrumental in lessening its impact. Story by George Samman. on BankNXT.

blockchain 40

blockchain Risk Management Financial Technology Technology 40

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.

Lending 60

Lending Regulation Community Community Bank 60

Abrigo

APRIL 14, 2020

Managing through uncertainty. It is no secret that we are all trying to cope with and manage through the uncertainty due to the coronavirus and the health and economic impacts of COVID 19. During the crisis in 2009, the banking system saw shockwaves hit, causing a number of bank closures. Lending & Credit Risk.

Community 195

Community Lending Marketing Meeting 195

Jack Henry

JULY 13, 2023

As deposits reach their lowest levels since 2009 – when many younger bankers were still in college ‒ the mission to attract and grow deposits is a fairly new concept. They translate into lucrative lending opportunities as well as fee-based commercial solutions, like payments and financial management services.

Florida 78

Florida Lending Strategy Management 78

BankUnderground

NOVEMBER 30, 2021

In our paper , we use balance sheet data for 118 UK banks to empirically investigate whether the asset compositions of banks involved in the UK QE operations reacted differently in comparison to banks not involved in the initial rounds of QE between March 2009 and July 2012. QE and bank lending. QE and central bank reserves.

Lending 108

Lending Capital Groups Policies 108

PYMNTS

JANUARY 16, 2019

This isn’t 2008 or 2009, when consumers were having a hard time paying their bills and small business owners were trying to keep the lights on. But, according to Patrick, “most individuals and small businesses continue to struggle with short-term cash flow management,” adding that four out of 10 consumers have such problems.

Lending 139

Lending Technology Training Analysis 139

Perficient

MAY 17, 2022

In 2021, subprime delinquency rates hit the highest mark since 2009. And if all this wasn’t enough to keep a credit risk manager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought. new vehicle purchases, there is one car repossession.

Strategy 294

Strategy Customer Experience Study Technology 294

CFPB Monitor

SEPTEMBER 24, 2020

ITT”) story was written last week with the CFPB’s announcement that it entered into a stipulated settlement with PEAKS Trust 2009-1 (“PEAKS”), a special purpose entity created in 2009 to purchase, own, and manage certain private student loans with students enrolled at ITT.

Management 78

Management Lending Report Company 78

PYMNTS

APRIL 11, 2018

Blue Suit would listen to the customer’s pitch and decide whether to lend that person money. Thus, in 2009, ZestFinance was born. If they can’t, then financial service management teams would be foolhardy to sign on for such an unknown risk, Merrill said. It was, says ZestFinance founder and CEO Douglas Merrill , always a man.

Lending 100

Lending Regulation Google Risk Management 100

CFPB Monitor

DECEMBER 9, 2021

In his most noteworthy remarks, Director Chopra: Identified federal preemption as having played a major role in the 2007-2009 sub-prime mortgage crisis and suggested that the OCC had used preemption “to attack state consumer protection enforcement.”

National 78

National Lending Regulation Compliance 78

Independent Banker

FEBRUARY 25, 2015

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Crude oil prices have dropped more than 50 percent from last July to this January, and they haven’t hovered this low since 2009. Happy State Bank’s 32 offices are spaced over 500 miles, giving the bank’s lending portfolio geographic diversity.

North Dakota 70

North Dakota Texas Louisiana Community Bank 70

PYMNTS

JANUARY 30, 2019

In one case reviewed by the publication, small industrial warehousing company Oliver Morley Estates, which is currently pursuing legal action against RBS, claims that GRG relationship managers denied a refinancing proposal to rescue the business because the APA blocked the action — despite RBS’s preference to move forward with the initiative.

Report 116

Report Regulation Groups Conference 116

PYMNTS

APRIL 11, 2017

However, in his capacity as Safaricom’s CEO, Joseph saw that M-Pesa could play much bigger role on the larger stage of micro-transactions over and above lending — it could change the way people move and manage money. I think they’re going to struggle,” financial analyst Aly-Khan Satchu of Rich Management told CNN. What’s Next .

Mobile 119

Mobile Study Survey United States 119

PYMNTS

JUNE 10, 2016

Designed to enable its issuers to create a branded digital app for managing card credentials, it is also capable of enabling payments in-store (on Android phones where NFC is supported) and inside of Visa Checkout. Alt Lending. Yes, alt lending has the distinction of being on our Fizzle list ever since we started keeping count.

Apple 100

Apple Lending Google Mobile 100

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. billion of assets under management. We salute CEO Frank Weidner, CIO David Mason and Strategic Insights Manager Mike Lindberg for taking this big strategic step. ConnectOne Bancorp, Inc.

Idaho 148

Idaho Conference Data Marketing 148

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? What I hear most often is that community banks take deposits from people and businesses in their community and lend it to people and businesses in that same community. their yield on loans in 2009 was 12.19%.

Community Bank 60

Community Bank Community Baltimore Lending 60

CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. Payments: Mobile is replacing cash.

Millennials 77

Millennials Mobile Lending Cards 77

CFPB Monitor

SEPTEMBER 25, 2015

The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA. The proposed consent order requires the bank to pay a $5.5

NJ 60

NJ New Jersey New York Philadelphia 60

Jeff For Banks

SEPTEMBER 13, 2015

He joined COB's board in 2009 after its $310 million recapitalization which was needed from a disastrous slew of losses incurred starting in 2008 as a result of awful credit decisions, leading to a 21% NPA/Asset ratio peak in 2010. Prior to BofI, he was an investment banker, management consultant, and attorney to the banking industry.

Community Bank 60

Community Bank Lending Community Security 60

Gonzobanker

MARCH 6, 2018

Meanwhile, Wells plans to close 450 branches by 2019, BofA has closed 1,600 branches since 2009, and Chase closed 365 since 2015. The essential skills needed to drive strategic change include deep knowledge of marketing technology, analytics, digital channel management and business integration. Digital: The New Must-Have.

Strategy 86

Strategy Marketing Mobile Trends 86