Chicago Lending Operations Regulation 
PYMNTS
OCTOBER 11, 2020
Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. from Tuskegee University, an MBA from the University of Chicago and an M.S. Giancarlo Marchesi was named head of Consumer Lending, a new role at Santander.
PYMNTS
JULY 22, 2016
It feels like 2014 again with the ongoing popularity of alternative lending startups. It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Alternative Lending. Find out how the more than $26.5 MarketInvoice. Seed funding for U.S.-based
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
MARCH 25, 2019
A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “ payday lending rule ” mandated roughly two years ago by the Consumer Financial Protection Bureau (CFPB). Those firms, noted The Chicago Sun Times , would still be subject to federal laws (and possible prosecution under those laws).
PYMNTS
APRIL 28, 2016
The new idea being floated involves classifying marketplace lenders, who operate online and also offer smaller loans with set payments, as installment lenders that are under the CFPB’s jurisdiction and regulations. The CFPB has been pursuing this quietly for some time. Many are also bound to reporting requirements with the SEC.
PYMNTS
JANUARY 25, 2017
The University of Chicago and the University of Cambridge are once again partnering to explore the alternative finance industry and offer guidance on its trajectory for the coming year. Will 2016 once again present an explosion in alt-lending transaction value? The debate continues to rage over the future of alternative lending.
Independent Banker
AUGUST 31, 2021
A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. You can’t just be the community bank that looks like the bank across the street. You have to give people a reason to bank with you.”.
PYMNTS
OCTOBER 4, 2019
The Uber Works app is being tested in Chicago and will show available shifts companies are looking to fill with temporary workers. As fraudsters become increasingly aggressive, new global regulations and solutions are being deployed to keep consumers, merchants and banks safe. Uber Launches Uber Works To Connect Workers To Gig Jobs.
Expert insights. Personalized for you.
160 
Let's personalize your content