PYMNTS

JULY 17, 2019

Financial institutions are in a constant balancing act: open up access to capital for borrowers to promote economic growth and financial inclusion and mitigate against the risk exposure lending produces — sometimes with disastrous implications for the global economy.

Data 130

Data Management Analytics Compliance 130

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Facilitation of embedded lending while ensuring compliance: Embedded finance initiatives must adhere to regulatory requirements.

Trends 221

Trends Industry Analytics Compliance 221

Abrigo

SEPTEMBER 29, 2022

Essential technology for modern lending and credit departments. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Takeaway 1 Construction loan management software dramatically increases efficiency and reduces costs. What is construction loan management software?

Software 195

Software Lending Management Strategy 195

PYMNTS

AUGUST 13, 2019

Lending-as-a-service company ezbob is rolling out a new solution designed to enable banks to more easily onboard clients and manage their Know Your Customer (KYC) due diligence. 12) said ezbob’s lending platform now includes a module that allows financial institutions to automate the customer onboarding process.

Lending 108

Lending Compliance Analysis Data 108

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

CFPB Monitor

APRIL 7, 2022

The FDIC has issued the March 2022 edition of Consumer Compliance Supervisory Highlights which includes a description of some of the most significant consumer compliance issues identified by FDIC examiners during consumer compliance examinations conducted in 2021. Fair lending.

FDIC 78

FDIC Compliance Lending Regulation 78

PYMNTS

JANUARY 19, 2021

National Australia Bank (NAB) has chosen Eedenbull to integrate its payment and spend management technology for SMB customers. NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls. TBI Bank Partners With NETOPIA Payments.

Fintech 341

Fintech National Groups Tools 341

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Reduce exceptions : Too many credit exceptions can lead to confusion and inefficiency.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 174

Fintech Lending Software Compliance 174

PYMNTS

JULY 6, 2017

Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. The emergence of push payments and instant funding perfectly addresses this need for lenders. Push payments use the same mechanism as pull payments — only in reverse, moving funds from a business to a consumer.

Lending 101

Lending Online Risk Management Payments 101

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. One of the best things about B2B payments is it can work across verticals. That was followed on Dec.

Capital 199

Capital Payments Software Fintech 199

Abrigo

FEBRUARY 24, 2022

As described in the first post of this series , a key component of effective asset/liability management (ALM) is managing risks. ALM 101: Introduction to Asset/Liability Management. Takeaway 3 Two methods of measuring short-term interest rate risk are a gap analysis and, more commonly, an income simulation. Earnings at Risk.

Management 195

Management Analysis Strategy Policies 195

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alkami partnered with Clinc for conversational AI, Atomic for direct deposit switching and FINBOA for payment dispute management. Credit union lending platform Clutch partnered with Zest.ai

Fintech 103

Fintech Software Illinois Lending 103

CFPB Monitor

DECEMBER 13, 2021

The report discusses the Bureau’s examinations in the areas of credit card account management, debt collection, deposits, fair lending, mortgage servicing, payday lending, prepaid accounts, and remittances that were completed between January 2021 and June 2021. Credit card management. Fair lending.

Lending 78

Lending Cards Regulation Payments 78

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.” He was far from alone.

Lending 100

Lending Capital Compliance Operations 100

Perficient

NOVEMBER 30, 2021

As always, the regulators’ main concern was to promote safety and soundness, consumer protection, and compliance with applicable laws and regulations, including anti-money laundering (AML) and illicit finance statutes and rules. Activities involving payments, including stablecoins. 2022 Planned Roadmap.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. No additional reporting or regulatory compliance for the lender or the borrower. No derivative accounting for the lender or the borrower.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

OCTOBER 16, 2018

Construction FinTech has evolved to target an array of financial friction points, with delayed payments, a mountain of paperwork and a crowded supply chain of contractors and subcontractors adding hurdles in the financial supply chain.

Payments 161

Payments Fintech Lending Management 161

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., Deloitte, Unqork, Plaid Debut Lending-as-a-Service Tool. ” Plaid Unlocks Payroll Data to Support PPP Lending. ” Plaid Unlocks Payroll Data to Support PPP Lending.

Data 167

Data Lending Regional Fintech 167

Abrigo

SEPTEMBER 25, 2024

7(a) and 504 loan programs both use E-Tran for managing loans. While significantly more efficient than mailing forms to the SBA, there are some shortfalls to E-Tran, and a vendor can help Loan submission platform Leveraging E-Tran for increased SBA lending The U.S. Key Takeaways E-Tran is the SBA's loan submission platform.

Lending 195

Lending St. Louis Fraud Software 195

Abrigo

JUNE 4, 2020

Borrower payments will also be deferred until the forgiven portion is received by the lender from the SBA. Payments deferred until forgiven portion received by lender. The Paycheck Protection Program Flexibility Act also lets borrowers defer loan payments until lenders receive from the SBA whatever portion will be forgiven.

Lending 195

Lending Risk Management Management Community 195

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. Following a three-year study on predatory lending, the U.S. Department of Defense has now issued the final rule to implement the Military Lending Act. 1, 2015, and compliance with the rule is required by Oct. 3, 2016, compliance date. By Mary Thorson Wright.

Lending 70

Lending Compliance Regulation Virginia 70

PYMNTS

DECEMBER 28, 2020

Wolters Kluwer Compliance Solutions has bolstered its Paycheck Protection Program Supported by TSoftPlus software to speed up Small Business Administration (SBA) loan applications, according to a Monday (Dec. 28) announcement.

Software 150

Software Compliance Maine Lending 150

CFPB Monitor

NOVEMBER 21, 2022

The report discusses the Bureau’s examinations in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, mortgage servicing, and payday lending that were completed between January 1, 2022 and June 31, 2022. Credit card account management. Debt collection.

Report 78

Report Cards Lending Management 78

Chris Skinner

APRIL 18, 2017

He gave me the classic view: “A bank is there to take people’s money and lend it out at a profit, whilst ensuring the risk of non-payment is minimised” No it isn’t, I said. The lending part is now no longer important, as that can be done through alternative media such as peer-to-peer lenders.

Risk Management 321

Risk Management Analytics Lending Software 321

PYMNTS

JANUARY 11, 2021

The pandemic's impacts on the financial and lending spaces are stretching into the new year, with both borrowers and lenders having adjusted how they approach loans in a world where virtual interactions have become the norm. It is also evident that providing a digital basis for communication and payment will prove essential.

Lending 157

Lending Tools Meeting Industry 157

Bank Innovation

JANUARY 31, 2020

This week, the Consumer Financial Protection Bureau filed suit against Citizens Bank, alleging violations of the Truth in Lending Act (TILA), including implementing Regulation Z and the Credit Card Accountability Responsibility and Disclosure Act.

Cards 259

Cards Lending Regulation Management 259

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Bookkeeper360. CreditEnable.

Security 204

Security Fintech Capital Management 204

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. The company also streamlines supplier onboarding, contract management and other workflows within the procure-to-pay space. million in new funding for U.K.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

APRIL 19, 2019

The B2B FinTech space saw its fair share of venture capital, too, with investors targeting spend management, alternative small business lending, workforce management and enterprise crypto services — plus, some news of a few more investment rounds likely on the horizon. Chainalysis.

Capital 174

Capital Lending Cards cryptocurrency 174

PYMNTS

OCTOBER 29, 2020

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Its APIs also support account verification and payment capabilities.

US 203

US Fintech Tennessee Compliance 203

PYMNTS

JULY 7, 2020

Oxbury, ClearBank Pair for Payments. Oxbury will gain access to ClearBank’s clearing and payments capabilities, enabling the bank to gain access to U.K. payment schemes. Faster Payments scheme. Oxbury , a U.K.-based People’s United Bank Links With FIS, MineralTree.

Community Bank 242

Community Bank Community Fintech Regional 242

Payments Source

MARCH 7, 2019

Control breakdowns and poor governance can affect fintech partnerships of all types, whether lending, payments, deposit-taking, wealth management, or insurance activities,according to Cliff Stanford, a partner in Alston & Bird's Financial Services and Products Group.

Fintech 98

Fintech Payments Lending Groups 98

CFPB Monitor

FEBRUARY 18, 2020

The report discusses the Bureau’s examinations findings in the areas of debt collection, mortgage servicing, payday lending, and student loan servicing that were completed between April 2019 and August 2019. Payday lending. In addition to changing their compliance management systems, the lenders refunded the fee to borrowers.

Lending 78

Lending Regulation System Compliance 78