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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. In 2010, LendingClub added to its war chest with a $24.5

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U.S. Credit Scoring Trends to Watch in 2019

FICO

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? The parallel shift implies that the ability of the FICO Score to rank-order repayment risk remains high: instead, there is a factor impacting new bankcard repayment beyond what is captured in the credit report.

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Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

In our region, the Philly Fed indices of business activity all turned negative in December, but, hey, higher rates will help, right? As a matter of fact, the formula has pointed to above 1% since 2009. One look at most of the other economic data shows slowing momentum in both the manufacturing and services sectors.

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Regulations and Syllabus for Banking Diploma ( JAIBB & DAIBB)

FluentBanking

Unsuccessful candidates will, however, pay an examination fee of Tk 300/- (Taka three hundred) only per subject for each subsequent appearance: The new Enrolment Fees will be effective from the next Winter (November 2009) session. Where there are offices of Bangladesh Bank, the Admit Cards will be sent by the Institute to those offices.

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WePay Earns Honors at Citi Mobile Challenge Finals

Fintech Labs Insights

.” Pictured (left to right): April Rassa, Director of Product Marketing, and John Canfield, VP of Risk Management for WePay demonstrating the Veda Risk Engine/Risk API at FinovateSpring 2014. Read more about the company in our summer interview with John Canfield, WePay’s VP of Risk Management.

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How Have the Finovate Best of Show Winners Fared?

Fintech Labs Insights

Stratyfy: Raised $12M, decision intelligence technology gaining traction, particularly in risk management. Spring 2022 (San Francisco): Array: Credit and identity management platform, seeing increased adoption due to robust features and user-friendly interface. Prosper: Pioneered peer-to-peer lending in the U.S.,

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. If you think of teams that take early system adoption risk, manage it well and get an edge on the competition as a result, you probably don’t think first of a $1 billion credit union in Kalamazoo.

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