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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions.

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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

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The 14 Biggest Conferences for Lending, Mortgage & LendTech

Fintech Labs Insights

Note: FintechLabs curates the financial technology event list based on our 20+ years in the business. Related: Top 7 Conferences for Fintech & Financial Institution Developers & CTOs in 2024 Top 21 Digital Online Bill Payment & Invoicing Solutions for U.S.

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The 14 Biggest Conferences for Lending, Mortgage & LendTech

Fintech Labs Insights

Note: FintechLabs curates the financial technology event list based on our 20+ years in the business. If you plan on attending any of the remaining 2024, you should lock in a ticket now before prices go up. It could easily save you $1000 or more on a pair of tickets.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Lending & Credit Risk. Financial Businesses.

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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. lending marketplace. Attorney Alex Tse. “We The Response.

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Top Image Systems Unveils its eFLOW Lending Solution to Optimize Processing for Originators

Fintech Labs Insights

Our next presenting company is Top Image Systems , demonstrating its innovation in loan origination technology. Our next presenting company is Top Image Systems , demonstrating its innovation in loan origination technology. Product distribution strategy: Direct to Business (B2B), through financial institutions.

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