Abrigo

JULY 6, 2017

Join your peers following Tuesday's sessions at Coors Field as the Colorado Rockies take on the Miami Marlins. No other conference educates on the full life-of-the-loan concept. Located in Lodo, the city's old warehouse district, Coors Field is one of America's great ballparks.

Risk Management 150

Risk Management Denver Management Colorado 150

CFPB Monitor

FEBRUARY 4, 2019

As discussed in an earlier post , on November 6, 2018, Colorado’s voters passed Proposition 111 , seeking to limit interest rates and fees charged on payday loans in Colorado to an annualized percentage rate of thirty-six percent. Effective February 1, 2019, the proposition amends Colorado’s Deferred Deposit Loan Act (C.R.S. §

Colorado 74

Colorado Security Lending 74

CFPB Monitor

SEPTEMBER 13, 2019

The Colorado Attorney General reached a $175,263 settlement with a lender and a debt management company that are owned and operated by the same individuals. The Colorado Attorney General alleged the companies violated Colorado law when the lender issued loans to customers of the related debt management company.

Colorado 60

Colorado Company Management Lending 60

PYMNTS

NOVEMBER 23, 2020

To illustrate how AI adoption is playing out in the field, the November Mobile Order-Ahead Tracker® contains a deep dive on the efforts of the Colorado-based Boston Market chain. Smart machine algorithms have allowed food delivery times to be accelerated, while AI-enabled voice assistants are helping restaurants rapidly fulfill orders.

Mobile 289

Mobile Boston Fraud Colorado 289

Abrigo

JANUARY 15, 2015

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Denver, Colorado – Colorado Federal Savings Bank ($558 million). • Dallas, Texas – PlainsCapital Bank ($1.89

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

CFPB Monitor

JUNE 12, 2020

A Colorado state district court has ruled that a non-bank assignee of loans made by a state bank cannot charge the same interest rate that the state bank assignor can charge under Section 27(a) of the Federal Deposit Insurance Act (12 U.S.C. The ruling in Martha Fulford, Administrator, Uniform Consumer Credit Code v.

Colorado 78

Colorado FDIC Analysis National 78

PYMNTS

AUGUST 14, 2018

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. Ohio’s House Bill 123 officially exists to close a series of loopholes that existed under the state’s previous attempt at regulating the short-term lending industry, the 2008 Short-Term Loan Act.

Lending 100

Lending Ohio Regulation Industry 100

Abrigo

APRIL 18, 2020

million, told customers on its website that it continues to take applications from eligible customers in Colorado, Nebraska, and Wyoming, even though the PPP funds had run out. “We Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending.

Lending 195

Lending Wyoming Maine Nebraska 195

Independent Banker

NOVEMBER 30, 2021

La Plata County commissioner Marsha Porter-Norton champions First Southwest Bank’s innovative lending. First Southwest Bank is carving out new business models to address a need for credit and financial services through nonprofit lending programs and software that leverages its community development financial institution (CDFI) funding.

Colorado 119

Colorado Community Bank Community New Mexico 119

CFPB Monitor

NOVEMBER 12, 2018

focusing on Ohio’s Fairness in Lending Act. Last week, Colorado voters passed a ballot initiative that places a 36 percent APR cap on payday loans.). This afternoon, Pew Charitable Trusts will host an event in Washington, D.C.

Ohio 68

Ohio Lending Colorado Washington 68

American Banker

AUGUST 18, 2020

Under the agreement, fintechs and their bank partners will have a safe legal harbor to offer loans, as long as their interest rates do not exceed 36% and they meet various other standards.

Colorado 79

Colorado Online Meeting Fintech 79

Payments Source

SEPTEMBER 3, 2020

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

Colorado 118

Colorado Fintech Regulation Lending 118

PYMNTS

AUGUST 2, 2020

Capital One told WSJ its SBA lending portfolio was modest but that it worked overtime to process PPP applications. Greenwood Village, Colorado-based Doida Law Group LLC moved its business from Wells Fargo & Co. Rosati got a $30,000 PPP loan from a financial technology company and transferred the funds to Grasshopper Bancorp Inc. ,

New York 173

New York Minneapolis Denver Capital 173

American Banker

MARCH 26, 2024

A lawsuit filed by the American Fintech Council and two other trade groups has implications for other states that also want to keep out high-cost consumer lenders.

Colorado 62

Colorado Groups Industry Lending 62

PYMNTS

MARCH 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. SMBs in supplement to separate measures, like the British Business Bank Coronavirus Business Interruption lending Scheme.

Payments 173

Payments Pennsylvania Kansas City Wyoming 173

CFPB Monitor

JUNE 4, 2020

Click here to listen to the podcast.

Colorado 60

Colorado Lending Security Data 60

PYMNTS

APRIL 30, 2019

The new tech is intended to aid in authenticating identities, regulatory compliance, lending and payments. Memberships at Colorado-based Ent Credit Union increased by more than 11 percent last year, the largest growth rate ever seen by the CU, bringing its total number of members to 338,834.

Colorado 158

Colorado blockchain Analytics Strategy 158

American Banker

JANUARY 18, 2023

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Colorado 74

Colorado Lending 74

PYMNTS

SEPTEMBER 4, 2020

The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives.

New York City 151

New York City Capital Colorado Software 151

PYMNTS

MARCH 27, 2019

Ed Perlmutter, a Democrat from Colorado, and would prevent federal regulators from pulling a bank’s charter or deposit insurance because it works with a pot company in a state where it’s legal. will begin to lend to pot companies.

Company 129

Company Colorado Compliance Lending 129

PYMNTS

NOVEMBER 4, 2019

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

Alabama 100

Alabama New Mexico Arizona Colorado 100

PYMNTS

NOVEMBER 4, 2019

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

Alabama 100

Alabama New Mexico Arizona Colorado 100

American Banker

APRIL 28, 2024

is arguing that Colorado has the right to establish an interest rate cap that all state-chartered banks must follow. The Federal Deposit Insurance Corp. Three industry groups are suing the state in an effort to stop its attempted crackdown.

Colorado 36

Colorado FDIC Groups Industry 36

American Banker

JUNE 20, 2024

A federal judge granted a preliminary injunction sought by industry groups that sued to block a Colorado law. The law, which would cap interest rates on consumer loans, targets partnerships between fintechs and out-of-state banks.

Colorado 34

Colorado Groups Fintech Industry 34

PYMNTS

SEPTEMBER 9, 2019

8), the AGs focused on Facebook include Colorado, Florida, Nebraska, North Carolina, Tennessee, Florida, Iowa and the District of Columbia. Take the tech sector: You have seen a lot of innovation, but you also have platforms with network effects that lend themselves to scale.”. At this writing (Sunday, Sept. The Hearing.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

American Banker

SEPTEMBER 19, 2023

Denver-based InBank will expand into Georgia and Arizona, part of a wider plan to seize market share and build what one executive called a top-tier SBA lender.

Colorado 69

Colorado Denver Arizona Georgia 69

American Banker

JANUARY 10, 2022

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Colorado 65

Colorado Compliance Lending Regulation 65

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

CFPB Monitor

JANUARY 10, 2019

The AG further bolstered her analysis by considering various courts’ interpretation of the federal Truth in Lending Act’s disclosure requirements, as pertaining to post-dated checks and certain debit authorizations.

Colorado 60

Colorado Analysis Payments Security 60

Independent Banker

JANUARY 31, 2022

Relyance is working to increase its mortgage lending but sometimes isn’t able to make loans for some customers. Judith Sears is a writer in Colorado. Recently, Southern Bancorp partnered with $1.1 billion-asset Relyance Bank, headquartered in Pine Bluff, Ark., to better serve low-income borrowers.

Community Bank 172

Community Bank Community Leadership Arkansas 172

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. Understanding the impact of a rising rate environment on a concentrated portion of your lending portfolio is critical.”. Judith Sears is a writer in Colorado. By Judith Sears.

Management 103

Management Community Bank Community Regulation 103

CB Insights

MARCH 13, 2019

Collectively, these startups have raised over $5B, with leading companies such as Butterfly Network (Connecticut, $350M in total disclosed equity funding), Welltok (Colorado, $339M), and InsideSales.com (Utah, $264M). Using the CB Insights database, we mapped out the top-funded AI startup in every US state. See the full map below.

United States 78

United States Rhode Island Massachusetts Connecticut 78

CB Insights

JUNE 28, 2021

Accept.inc , a residential real estate mortgage lending platform, has raised $90M in seed funding. Colorado-based Accept.inc allows homebuyers to make all-cash offers through its mortgage lending platform at no additional cost. How’s the company performing? Become a CB Insights customer.

Lending 36

Lending Colorado Capital Company 36

CFPB Monitor

JUNE 15, 2022

The letter explains that although states have tools for going after these lending arrangements, such tools are more costly to employ and less likely to be effective than typical enforcement authorities provided to state financial regulators. Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.

FDIC 78

FDIC California West Virginia North Carolina 78

PYMNTS

JULY 3, 2017

Square already securitizes its SMB lending debt that way. Consumer lending with Square will be getting a test drive in six U.S. states: California, Colorado, Florida, New Jersey, New York and Virginia — and will be on offer to sellers who use Square Invoices. We want to do things that are relevant to Square sellers.”.

Lending 100

Lending New Jersey Colorado Virginia 100

CFPB Monitor

MAY 12, 2021

The impending rejection of the OCC true lender rule highlights the risks involved in bank-model lending programs and the need to structure these programs thoughtfully, with a view to the risks.

Maryland 78

Maryland Colorado Lending National 78

CFPB Monitor

SEPTEMBER 10, 2020

The DBO indicated that it “is investigating whether LoanMart’s role in the arrangement is so extensive as to require compliance with California’s lending laws. According to the DBO’s press release, until the FACA became effective, LoanMart was making state-licensed auto title loans at rates above 100 percent.

Utah 78

Utah California FDIC West Virginia 78