PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Office of the Comptroller of the Currency for its application for a national bank charter. SoFi was valued at $4.8

Report 269

Report San Francisco Lending America 269

PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. That last measure aims to ensure that banks lend money and provide banking services to underserved and minority consumers.

Regulation 349

Regulation National System Industry 349

Abrigo

JUNE 2, 2015

For more than 30 years, the number one vehicle in America by sales is the Ford F-series line of trucks. Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. billion of that in their auto lending portfolio.

Lending 150

Lending San Antonio CA Sacramento 150

PYMNTS

NOVEMBER 27, 2018

Yet, the small business lending gap remains. In a new report, PayNet and financial research firm Raddon examined the state of small business lending in the U.S. ” Banks have not invested in their small business lending operations to improve the process for the borrower, though. Filling The Gap.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

FEBRUARY 7, 2019

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

Taxes 122

Taxes Lending National New York 122

PYMNTS

MARCH 29, 2020

Bigger lenders — JPMorgan Chase , Bank of America , Capital One and Santander — are pouring over various borrowing rules and making revisions, informed sources told the WSJ. It has been over a week since new email campaigns were sent by AmEx, Bank of America and JPMorgan.

America 198

America Capital Cards Lending 198

Abrigo

APRIL 24, 2023

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. Construction lending has seen several stumbling blocks over the past few years. That put construction lending at its highest percentage of gross loans since the second quarter of 2011.

Trends 195

Trends Lending Risk Management Arkansas 195

Independent Banker

JUNE 30, 2020

Just think about the foundation of our nation so many years ago. A crescendo of events drove actions that ultimately led to the birth of a new nation. Let’s focus on the opportunity to be stronger as individuals, as communities and as citizens of this great nation. The importance of remaining independent.

Community Bank 184

Community Bank Community social media National 184

Abrigo

APRIL 18, 2020

Camden National Bank in Camden, Maine, told customers on its website, “Unfortunately, the SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. “We We trust we will catch the other 5% when additional funding is provided.” It’s something we look at as our duty.”

Lending 195

Lending Wyoming Maine Nebraska 195

PYMNTS

APRIL 17, 2018

Consumer groups are speaking out against a Senate measure that would overturn the Consumer Financial Protection Bureau’s auto lending regulation. In March 2013, the CFPB put limits on loan markups and compensation for dealers on these auto loans, specifically on the basis of race, national origin, or credit score.

Groups 100

Groups Lending Regulation America 100

Perficient

NOVEMBER 22, 2022

Members of the Army and Air National Guard, provided they have been called to respond to a national emergency and their period of active duty is more than 30 days in a row. Active duty commissioned officers of the Public Health Service or the National Oceanic and Atmospheric Administration. All active-duty Reserve personnel.

National 275

National United States America Lending 275

PYMNTS

AUGUST 8, 2017

When news of the financial crisis broke in 2008 and big banks all over the world were eschewing consumer and small business credit markets, Batine and Dunaev saw an opportunity — one that was particularly pressing in developing nations, an area of the world that was below the big banks’ radars.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

AUGUST 14, 2018

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. And national regulations are also moving forward this week, with a win in a U.S. Particularly under scrutiny, according to reports, is international travel taken with payday lending lobbyists.

Lending 100

Lending Ohio Regulation Industry 100

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. Wells Fargo will not be heeding advice provided by U.S. regulators suggesting that lenders do not finance corporations with an already hefty debt load.

Lending 100

Lending Regulation America US 100

PYMNTS

APRIL 26, 2020

The coronavirus pandemic has caused big banks like JPMorgan , Goldman Sachs and Bank of America (BoA) to reduce the size of loans or cancel funding talks. “We We are increasingly observing an ‘America first’ attitude among large U.S. lenders, but a senior supervisory official told FT that they can’t “force them to lend.”.

US 143

US Regional America Lending 143

PYMNTS

MAY 9, 2016

Bank of America, Capital One, Wells Fargo, Chase and more published their findings — sometimes to contradicting conclusions. The majority reported feeling optimistic about their local economies, but less than half (43 percent) said the same about the national market.

America 100

America National Capital Survey 100

PYMNTS

OCTOBER 11, 2017

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. As one might expect after such a long and intense build-up, the reactions were also fairly intense from both sides. million comments submitted. Somewhat Unexpected Agreement.

Lending 109

Lending Regulation Guidelines FDIC 109

PYMNTS

APRIL 15, 2019

Indeed, in an appearance on Capitol Hill last week in front of the House Committee on Financial Services, seven chief executive officers of banks as far-flung as Goldman Sachs , Bank of America , JPMorgan Chase , Morgan Stanley and others pointed to risks that may be tied to the U.S. financial system amid the rise of alternative lenders.

Lending 175

Lending United States Survey System 175

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

America 144

America Taxes National Community 144

South State Correspondent

SEPTEMBER 18, 2023

The national banks have already indicated how they plan to reverse the efficiency ratio increase – through headcount reduction. The national banks have been clear and loud about how they intend to decrease their efficiency ratios – with headcount reductions.

Management 195

Management How To Community Bank Community 195

CFPB Monitor

AUGUST 17, 2023

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Texas 78

Texas Community Bank Community Lending 78

CFPB Monitor

AUGUST 7, 2023

Texas First Bank (Texas First), Independent Bankers Association of Texas (IBAT), and Independent Community Bankers of America (ICBA) (collectively, Proposed Intervenors) have filed an unopposed motion seeking leave from the court to intervene in the lawsuit challenging the CFPB’s final small business lending rule (Rule).

Community Bank 78

Community Bank Texas Community Lending 78

PYMNTS

APRIL 6, 2020

America is still the most prosperous nation the world has ever seen.”. He added that the Fed could do more, such as “including additional lending facilities and relaxing capital and liquidity requirements to boost the system if needed.”. trillion a year.

Strategy 159

Strategy Resources America Cards 159

South State Correspondent

JANUARY 25, 2024

Recently, larger lenders, including Bank of America, JPMorgan, Goldman Sachs, and Wells Fargo, have announced that they are seeing an elevated appetite for forward rate locks on loans for future anticipated commercial borrowings. But this application also prevents competition from national banks after the construction and stabilization.

How To 195

How To Community Bank Community National 195

PYMNTS

MARCH 22, 2017

For instance, “Self-Employed Professionals and Small Business Owners in America: The Rewards and Challenges of Career Independence,” released today (March 22), found that many of the entrepreneurs surveyed plan to stay in this type of employment position. Learning From Their Mistakes.

Survey 102

Survey Lending Resources Report 102

South State Correspondent

APRIL 15, 2024

The Bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits. The bank holds the #1 market share for multifamily lending. Lesson 8: America’s Global Leadership Role This is not banking-related, but it is our favorite part of the Jamie Dimon letter.

Community 195

Community Community Bank Leadership America 195

PYMNTS

OCTOBER 13, 2017

When the impact stretches across oceans, nations and demographics, though, and those affected number in the hundreds of millions, a sea change is a-swelling. How do they make decisions about retail transactions, lending activities or money transfers in milliseconds? Equifax brings a few key questions to mind.

Industry 144

Industry Security eBook Data 144

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model.

Community Bank 195

Community Bank FDIC Community National 195

PYMNTS

OCTOBER 9, 2018

” “There is no doubt that the lease accounting standards will add new complexities to a broad range of business functions, including sales, lending, contracting and financial reporting,” wrote Whitney Schiffer, CPA, in an article last week for accounting and advisory firm Berkowitz Pollack Brant.

Community Bank 153

Community Bank Report Community Lending 153

PYMNTS

JULY 15, 2016

Small community banks may not have the ample resources that Wells Fargo or Bank of America have to develop high-tech, experimental solutions internally. That’s compared to Bank of America’s more than $2 trillion in assets, for example. But that doesn’t mean local FIs are at a disadvantage.

Community Bank 100

Community Bank Community Lending Resources 100

Celent Banking

APRIL 7, 2017

Bank of America, USA. Lending Product. National Australia Bank, Australia. Banco Original, Brazil. Consumer Digital Platform. Risk Management. BMO Bank of Montreal, Canada. Process Automation. Capital One, USA. Emerging Technology for Businesses. CBW Bank, USA. Banking as a Platform. Open Banking. Credit Suisse AG, Switzerland.

Case Study 189

Case Study Boston Risk Management Innovation 189

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. Sure, it shows that investors aren’t ready to give up on alternative lending just yet. But every few weeks, the industry roars back with an impressive investment streak. SMB Finance. Simility plans to use the $17.5

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

SEPTEMBER 22, 2017

Once again, the world’s alternative SMB lending industry regained the spotlight, with key deals in Asia and South America placing the industry in the top spot for this week’s B2B FinTech roundup. Alternative Lending. Find out who scored how much of the more than $75 million that made its way to B2B startups this week.

Capital 152

Capital America Lending Industry 152

CFPB Monitor

JUNE 29, 2016

The Independent Community Bankers of America and the Credit Union National Association have sent a letter to Director Cordray “to express serious concerns” about the CFPB’s proposed rule covering single-payment payday and auto title loans, deposit advance products, and certain high-rate installment and open-end loans.

Community Bank 68

Community Bank Community Groups Lending 68