Cards Denver Lending 
PYMNTS
JULY 29, 2019
A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. The card was released in the U.S. The debit card was introduced early in 2018 in Europe. Users are then given a debit card, licensed by Mastercard USA. on Monday (July 29).
PYMNTS
JANUARY 22, 2020
Liberis , a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than $42 million), according to City A.M. The FinTech has offices in Denver, London and Stockholm. It also has plans to expand its workforce by 30 percent.
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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.
South State Correspondent
JANUARY 4, 2023
Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Remember all those five-year fixed-rate loans you booked at 4%?
South State Correspondent
AUGUST 22, 2022
The company slowly pivoted to offering business computers but failed to realize that businesses don’t need high-end sound and graphic cards like gaming computers do. When applied across all lending categories, this is no small number and is the difference between staying in business or needing more capital in the next downturn.
FICO
JUNE 1, 2023
Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. Credit card lenders are not only dealing with higher loss forecasts in 2023.
FICO
FEBRUARY 21, 2023
Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. For example, the average interest rate on credit cards accruing interest in Q4 2022 was 20.40% compared to 16.44% in Q4 2021 (Source: Federal Reserve G.19 19 report on Consumer Credit).
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