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

PYMNTS

SEPTEMBER 22, 2017

Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. The European Union is also gearing up to promote new, continent-wide mandates that would promote FinTech growth and investments, especially post-Brexit.

US 108

US Apple Innovation Regulation 108

Independent Banker

APRIL 30, 2022

In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. A: We have been fortunate to develop deep partnerships with some great fintechs. Colleen Morrison is a writer in Maryland. Q: What has led NBKC’s growth?

Community Bank 172

Community Bank Community Montana Taxes 172

Independent Banker

JULY 31, 2022

Crowe’s Grottke points that the “graying of community bankers” exacerbates the talent shortage—and can make it difficult to increase profitability by taking advantage of growth areas like commercial lending. Forge partnerships, especially with fintechs. Elizabeth Judd is a writer in Maryland.

Strategy 135

Strategy Community Bank Louisville Community 135

Fintech Labs Insights

NOVEMBER 12, 2015

It was a quieter week in fintech fundings. Lending marketplace targeting Hispanic-owned small businesses. HQ: National, Maryland. The post Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12 appeared first on Finovate. Tags: SMB, lending, lead gen, price comparison, commercial loans. Mobile bank.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

FEBRUARY 24, 2016

Lending Club opens to retail investors in Maryland and North Dakota, bringing its total to 45 states & Washington D.C. Peel Hunt Technology Sector Report highlights Featurespace. ThreatMetrix Enters Into Agreement with FUJI SOFT to Provide Online Fraud Solutions to Japan.

North Dakota 12

North Dakota Maryland Washington Lending 12

CFPB Monitor

NOVEMBER 1, 2021

With help from Ballard Spahr colleagues Mindy Harris and Ron Vaske, I have now completed a months-long project in updating and expanding a 2017 White Paper addressing bank-model lending—programs involving partnerships between banks (or savings associations) and fintech or other nonbank companies in the interstate delivery of loans.

Lending 78

Lending Maryland FDIC Analysis 78

William Mills

SEPTEMBER 12, 2017

An industry leader in lending and benchmarking solutions for financial institutions. This technology powers a ton of other FinTech companies (something that I don’t think most people know). Provides an Application Program Interface (API) for Fintech apps to connect to banks. Frictionless digital lending is possible.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

JUNE 6, 2016

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). HQ: Glenwood, Maryland. Tags: Consumer, collectibiles, investing, asset based lending, artwork. Notable raises included Finovate alum Tagit which brought in nearly $9 million to supercharge its mobile application development platform. ——-. Consumer alt-lender.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

MARCH 1, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Seven weeks into the new year, fintech companies have raised $4.7 Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. million Seed.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

OCTOBER 26, 2015

HQ: Burtonsville, Maryland. Lending to bootcamp students. Marketplace lending platform. The post Fintech Fundings: 27 Companies Raise $420 Million Week Ending October 23 appeared first on Finovate. Tags: Consumer, financing, B2B2C, indirect lending, loans, underwriting, in-store POS, Finovate alum. Skills Fund.

Company 12

Company Fintech California North Carolina 12

Fintech Labs Insights

AUGUST 14, 2015

Since June 1 we’ve seen 189 fintech deals globally raising a total of $3.1 ——— Fintech Unicorn Watch : Along with Yodlee’s near-unicorn exit , another apparent fintech unicorn was crowned when London-based Skrill (formerly Moneybookers) was acquired by Optimal Payments for a reported $1.2

New York City 12

New York City Company Fintech New York 12

CFPB Monitor

APRIL 26, 2022

First, they are consistent with the agency’s stated intent to increase scrutiny of fintech firms, as it could allow the CFPB to conduct in-depth examinations of fintech firms over which it presently has no clear supervisory jurisdiction. These moves by the CFPB are notable for two reasons.

New Jersey 146

New Jersey Maryland Pennsylvania Virginia 146

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

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