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CFPB Set to Release Payday Lending Proposal on June 2

American Banker

The bureau said Wednesday that it plans to hold a public hearing in Kansas City, Mo., to discuss small dollar lending. The hearing will be held at the Kansas City Convention Center and will feature remarks from CFPB Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and the public.

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Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

A solution, he told PYMNTS four years ago , that had nothing to do with financial services or lending at all — they were actually studying hiring and figuring out ways to track employability over time with data. Our simple idea was that better technology and better data science could improve access to credit,” Girouard said.

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Super Bowl Commerce Preview: Avocados, Spiteful Beer And A $6M Thank-You

PYMNTS

The Super Bowl is nearly upon us – the Kansas City Chiefs are headed to their first “big game” in 50 years to take on the San Francisco 49ers, who haven’t been there since the 2012 season, and haven’t held the Vince Lombardi Trophy since 1995. Yes, there is a National Chicken Council – and yes, this is their big game, too. .

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The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Douglas National Bank. 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. Central Bank of Kansas City. Kansas City. FSNB, National Association. Tuscaloosa.

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Commerce 1Q Profit Rises on Higher Commercial Lending

American Banker

First-quarter profit improved at Commerce Bancshares in Kansas City, Mo., as commercial-and-industrial loans increased.

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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

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What's Next for Energy Lenders? Lots of 'Wound-Licking'

American Banker

Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo.