PYMNTS

JANUARY 7, 2019

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.

Lending 150

Lending Fintech Data Wyoming 150

Bank Innovation

NOVEMBER 8, 2017

WeLab was founded in 2013, and now has over […]. The round included big names like Chinese e-commerce giant Alibaba, Credit Suisse and World Bank’s International Finance Corporation. This latest round of funding brings WeLab’s total to $425 million.

Mobile 150

Mobile Lending Capital Online 150

PYMNTS

APRIL 13, 2018

Small business lending platform Kabbage is making plans to acquire Orchard Platform Markets, a provider of lending data and services. Founded in 2013, New York-based Orchard initially provided Wall Street firms with data on the marketplace lending sector. Both companies declined to comment. billion.

Lending 108

Lending Data Marketing New York 108

Abrigo

FEBRUARY 24, 2015

The auto industry had a substantial year in 2014, selling nearly one million more vehicles than in 2013. And just as in mortgage lending , credit unions are seeing a bigger piece of the consumer loan pie. credit union auto lending portfolios are faring. credit union auto lending portfolios are faring.

Lending 150

Lending Alaska Regional Indiana 150

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

MAY 20, 2016

In the latest chapter of the Lending Club drama, on Thursday (May 19), it came to light that New York’s highest-ranking financial regulator has launched an official inquiry into the online alternative lender. The requested New York information dates back to 2013.

Lending 100

Lending Regulation New York Course 100

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

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.”

Lending 100

Lending Capital Compliance Operations 100

PYMNTS

JANUARY 6, 2017

-based startup company that operates an online lending platform, has received an investment of £40 million from British Business Bank, the state-owned bank, but the money comes with strings. According to a report , Funding Circle has to use the funds to lend to small businesses. The new funds will go to loan money to U.K.

Lending 100

Lending Report Operations Online 100

PYMNTS

APRIL 10, 2020

Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013. The company assists small and medium-sized enterprises (SMEs) with growth through lending. The startup’s board had set aside just under 93,000 Series E preference shares with an INR 100 nominal value, Inc 42 reported.

Capital 230

Capital Lending Fintech Report 230

PYMNTS

MAY 25, 2016

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. ” Reports said Wells has pursued greater market share in its non-retail banking operations since its acquisition of Wachovia in 2008.

Lending 100

Lending Regulation America US 100

Abrigo

FEBRUARY 23, 2023

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. The best lending software for small banks, for example, is flexible enough that it can be customer-facing for only those product types the bank chooses. People have other options,” Kirby said.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

DECEMBER 28, 2020

CEO since 2013, Siegel will continue to lead the company following the acquisition. This investment demonstrates our commitment to deliver exceptional travel benefits at-scale to our large and rapidly growing customer base,” Marianne Lake, CEO of Consumer Lending at J.P. Morgan Chase, said in a press release.

Connecticut 282

Connecticut Groups Customer Experience Cards 282

Abrigo

JUNE 29, 2022

farmers is even more unpredictable than in recent years, so financial institutions will want to keep a close eye on the agricultural sector -- both to protect ag lending portfolios and tap into ag loan growth opportunities. Stay up to date on the farm outlook and ag lending best practices. Ag Lending. Lending & Credit Risk.

Kansas City 195

Kansas City Kansas Lending Oklahoma 195

South State Correspondent

NOVEMBER 9, 2016

Back in June of 2013, the FDIC, OCC, and Federal Reserve jointly approved rules intended to implement new international banking standards. Starting in 2015, all US banks that lend on “high volatility commercial real estate” (HVCRE) are required to hold more capital against such loans.

FDIC 150

FDIC Capital Lending US 150

PYMNTS

FEBRUARY 6, 2018

That rate, he noted, is based on more than mutual soldier loyalty, as StreetShares has other lending requirements. Between its founding in 2013 and 2016, StreetShares had previously raised $8.3 How low, we don’t know: Rockefeller declined to disclose, beyond noting that it is well below industry standard. What’s Next.

Lending 119

Lending Virginia United States Capital 119

CFPB Monitor

NOVEMBER 15, 2018

A glaring regulatory impediment to small-dollar lending by FDIC-supervised institutions is the FDIC’ s November 2013 guidance on deposit advance products , which effectively precludes FDIC-supervised institutions from offering deposit advance products. (In

FDIC 60

FDIC Lending National Examples 60

Fintech Labs Insights

AUGUST 16, 2024

But deep down, I’m still a loan nerd, and would love to attend any and all of the following conferences. 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.

Conference 15

Conference Las Vegas Lending Nashville 15

PYMNTS

NOVEMBER 16, 2018

Small business credit analysis company PayNet is linking up with a community bank to streamline SMB lending for the institution. In another statement, BNB Bank EVP and Chief Lending Officer Kevin L. ” Analysis has also found that community banks are playing a larger role in small business lending. .”

Community Bank 134

Community Bank Community Lending Analysis 134

Jack Henry

JUNE 3, 2015

According to the Commercial Finance Association’s annual survey, asset based lending (excluding factoring) commitments rose to $216 billion by the end of 2014, with funded balances reaching $90 billion. increase in funded balances from 2013. This represents a 12.3% Overall credit line utilization rose 41% for the year.

Lending 60

Lending Capital Survey Trends 60

Abrigo

DECEMBER 1, 2021

This article is substantially updated from a 2013 blog post. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Member Business Lending. Takeaway 2 It's imperative that FI senior management demonstrate commitment to a robust loan review program. .

Risk Management 195

Risk Management Lending Policies Management 195

Abrigo

AUGUST 8, 2021

This article is substantially updated from a 2013 blog post. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions. Reviewing lending staff’s risk ratings. Takeaway 2 However, a loan review or credit risk review program should accomplish several key objectives.

System 195

System Lending Policies Regulation 195

Fintech Labs Insights

JULY 2, 2024

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.

Conference 15

Conference Las Vegas Lending Nashville 15

PYMNTS

MAY 24, 2018

In 2013, the OCC had discouraged short-term lending by banks with limitations on what could be offered to customers depending on their credit. Regulatory uncertainty forced banks out of this space, leaving families to rely on pawn shops, costly payday lenders or loosely regulated online lending during times of financial stress.

FDIC 100

FDIC Lending Regulation Study 100

PYMNTS

JULY 1, 2016

bank branch closures has forced financial institutions in the market to halve their small business lending operations over the last three years, according to reports. Move Your Money found that local small business lending was reduced by up to 63 percent in some towns affected by a branch closure. The spread of U.K. “The U.K.’s

Data 101

Data Lending Community Analysis 101

BankUnderground

NOVEMBER 27, 2020

We show that ring-fencing has an important impact on banking groups’ funding structures , and find that this incentivises banks to rebalance their activities towards retail mortgage lending and away from capital markets, with important knock-on effects for competition and risk-taking across the wider banking system.

Lending 124

Lending Retail Groups Maine 124

Bank Innovation

FEBRUARY 28, 2018

With seven million active monthly users in December 2017, according to its fourth quarter earnings yesterday, the company’s Square Cash app—launched in 2013—is more popular than one might have thought; In any case, Square has not previously released usage numbers for the mobile.Read More.

Bitcoin 259

Bitcoin Capital Lending Online 259

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

PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? Beyond that, volume has exploded, with $284 billion extended in 2016 compared to $11 billion in 2013. Broken down a bit, business lending was most prevalent in countries such as Singapore, the Netherlands and Japan.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

AUGUST 11, 2017

PayPal has been offering short-term loans to its smaller merchants via Working Capital since 2013, when it began as a “skunk works” project to see how merchants might respond. And they did. Plus, PayPal can do what it most wants to: meet more of the needs of its customers.

Lending 117

Lending Capital Online Video 117

Jeff For Banks

JANUARY 20, 2024

In fact, the most read of 2023 was from 2013, ten years prior. jeff4banks.com) Publish date: September 6, 2013 Amazing that a 10-year old post rose to the top of the list. The below top three are not necessarily from this year.

New Jersey 93

New Jersey Lending Florida Strategy 93

PYMNTS

JUNE 21, 2019

Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. The company is known as the “lending club of China.” The company has raised $549 million over seven funding rounds since the end of 2013.

Lending 100

Lending Capital Maine Groups 100

PYMNTS

JULY 13, 2018

trillion, and competition is rising as regulators slowly ease restrictions on banks’ corporate lending practices. The Federal Reserve issued guidance in 2013 to curb leverage in an effort to prevent a financial crisis repeat, the publication said, but regulators failed to predict the emergence of shadow lenders and non-bank players.

Marketing 100

Marketing Regulation Dallas Retail 100

CFPB Monitor

SEPTEMBER 25, 2023

Court Rules in Favor of HUD in Disparate Impact Rule Case More than ten years after the filing of the initial complaint challenging the 2013 disparate impact rule (Rule) adopted by the U.S.

DC 78

DC Washington Lending 78

Bank Innovation

MARCH 1, 2019

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.

Fintech 170

Fintech Financial Technology Technology Operations 170

BankUnderground

APRIL 3, 2024

Net lending represents the overall surplus or deficit, and it is theoretically the same whether you look at it from the income or financial account viewpoint. Evolution of the net lending positions of households and corporates The pre-GFC era was a period of strong growth and low inflation , which coincided with a large expansion of credit.

Lending 102

Lending Analysis Trends Data 102

PYMNTS

MARCH 4, 2020

Robinhood was founded in 2013 in Silicon Valley by Vladimir Tenev and Baiju Bhatt. It doesn’t charge any fees and earns revenue from interest earned on customers’ cash balances and margin lending.

System 213

System Lending Marketing US 213