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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

PYMNTS

New rules would require online lending companies like Ant to provide 30 percent of funding for loans, and firms would be banned from operating outside provincial bases without approval from a watchdog, Bloomberg said. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152
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Top 7 Conferences for Fintech & Financial Institution Developers & CTOs in 2024

Fintech Labs Insights

Related: Top 21 Digital Online Bill Payment & Invoicing Solutions for U.S. Small Businesses (SMB) in July 2024 The 13 Biggest Investment Advisor Tech, Wealthtech & Investech Conferences in 2024 The 14 Biggest Conferences for Lending, Mortgage & LendTech

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Top 34 Digital Lenders to U.S. Small Businesses (SMB) (July 2024)

Fintech Labs Insights

files recently, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. It was the first time anyone had put a mortgage app online and one of the first online credit apps of any kind.** Cleaning out some (paper!) including $1.9M in 2021 & $8.8M

Atlanta 29
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Top 25 Conferences for Credit Unions in 2024

Fintech Labs Insights

The 39 Largest Corporate Client/User Events in Financial Services Technology Top 25 Online Digital Accounting Services for Small Business (SMB): Aug 2024 Related Stories How Have the Finovate Best of Show Winners Fared? Some events pay referral or listing fees, which could impact positioning.

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Top 26 Digital Lenders to U.S. Small Businesses (SMB, May 2021)

Fintech Labs Insights

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. HQ: Washington DC.

Atlanta 15
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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. HQ: Washington DC.

Atlanta 15
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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. HQ: Washington DC.

Atlanta 15