Abrigo

FEBRUARY 25, 2025

But these businessesoften the backbone of their communitiesdepend on access to capital. The speed advantage may be due to large banks greater use of automated lending technology, the FDIC said, although large banks increased reliance on hard credit-scoring information may also play a role. The results?

Lending 195

Lending FDIC Policies Analysis 195

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

CFPB Monitor

DECEMBER 22, 2020

The FDIC has issued a final rule that establishes a new framework for analyzing whether deposits made through deposit arrangements qualify as “brokered deposits” and amends the methodology for calculating the interest rate restrictions that apply to less than well capitalized insured depository institutions (IDIs).

FDIC 78

FDIC Capital National Regulation 78

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. FDIC-insured deposits largely solve this problem for banks. Core deposits also come at much lower costs.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

OCTOBER 1, 2018

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. Attorney Alex Tse. “We lending marketplace.

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

APRIL 29, 2021

Others surprised me, such as the amount of views expended on board composition, or on deploying bank capital. My theory behind the book is that serving all stakeholders can be the next best version of my readers' financial institutions. Annually I would review my most read blog posts for the past year and all time.

Conference 78

Conference social media Capital Marketing 78

William Mills

SEPTEMBER 9, 2016

This sounds like the best of both worlds – social funding for SMB’s with the backing of their FDIC-insurance bank. The former CEOs of AT&T Wireless, NYSE, Sprint, Telefonica International and Vodafone Group invested in Juvo, as well as leading VCs including Wing Venture Capital, Freestyle and Seed-Resolute.

social media 40

social media ATM Mobile Customer Experience 40