PYMNTS

JANUARY 12, 2021

While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic, some SMBs that received loans less than $99 didn't find much relief, The New York Times (NYT) reported. Judith Less, who runs a thrift shop in New Jersey, got $27,” NYT reported.

Arkansas 163

Arkansas New Jersey Oregon Texas 163

PYMNTS

JANUARY 29, 2020

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. “We have seen small businesses destroyed by online lending.” “We have seen small businesses destroyed by online lending.”

Lending 136

Lending New York Online New Jersey 136

PYMNTS

AUGUST 7, 2020

New Jersey’s Buckle is an InsurTech company focused on arming the gig economy, including rideshare providers, with access to total insurance coverage. The firm said it will funnel the new investment into product development, partnerships, and national growth. earlier this year. also participated.

Fintech 251

Fintech Capital New Jersey Payments 251

PYMNTS

JANUARY 12, 2021

Judith Less, who runs a thrift shop in New Jersey, got $27,” the paper reported. Porter Capital Offers New Funding Tools To PPP Recipients. There were roughly 300 businesses out of the over 5 million companies receiving loans that got $99 or less, according to the newspaper.

Arkansas 152

Arkansas New Jersey Oregon Capital 152

CFPB Monitor

JUNE 12, 2020

Marlette Funding, LLC et al , arises from an enforcement action filed in 2017 by Colorado’s UCCC Administrator challenging a bank-model lending program involving a New Jersey state-chartered bank. Section 27, which applies to state banks, is patterned after Section 85 of the National Bank Act, which applies to national banks.

Colorado 78

Colorado FDIC Analysis National 78

American Banker

AUGUST 3, 2016

Unity Bancorp is raking in money from holding and selling 7(a) loans, but don't expect the bank to extend its operations beyond New Jersey and New York. Management learned that lesson the hard way during the financial crisis.

New Jersey 28

New Jersey National New York Operations 28

PYMNTS

SEPTEMBER 20, 2017

The consumers included former National Football League players suffering from neurological disorders, victims of the Deepwater Horizon oil rig disaster and 9/11 first responders. The CFPB wants to prevent Top Notch, owner Rory Donadio and his business associate John “Gene” Cavalli from offering or providing such products in the future.

New Jersey 105

New Jersey National Company Payments 105

PYMNTS

APRIL 2, 2019

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S.

Tools 126

Tools Study Los Angeles New Jersey 126

PopularBank

DECEMBER 7, 2022

Consider contingency lines of credit as a lending option. We have branches in New York, New Jersey, and Florida, and provide 24/7 digital banking solutions and access to 55,000 ATMs through the Allpoint network. Popular Bank and its affiliates are not affiliated with ATM National, LLC.

Community 52

Community Florida Study ATM 52

PYMNTS

JULY 20, 2016

But innovation watchers have been watching Rio and Brazil in general for some time as the nation increasingly becomes an incubator nation for FinTech development and talent. One of the leading startups in the emerging Brazilian class is CargoX, a service that has been (unsurprisingly) described as the “Uber for Trucks.”

New Jersey 100

New Jersey National Trends Community Bank 100

Jeff For Banks

DECEMBER 15, 2013

That''s right, I''m proposing having a Schmidlap National Bank Morris County New Jersey Twitter account @schmidlapnbmorris. If you closed the Parsippany branch, you could keep Parsippany residents better engaged by being the go-to source for super-local news, events, and causes. Lend, lend, lend! -

How To 84

How To Community New Jersey social media 84

PYMNTS

MARCH 27, 2020

This week, however, those sellers got some good news in the form of an announcement that Amazon would temporarily not require sellers in its marketplace to repay loans it had made to them. . Amazon Lending, a program that distributes loans to marketplace sellers, will pause payments starting this week through April 30. percent. .

New Jersey 130

New Jersey Survey Meeting Payments 130

Jeff For Banks

JANUARY 27, 2011

Most recently Valley National Bancorp''s highly respected CEO, Gerald Lipkin stated: "The positive [fourth quarter] results are attributable to management''s common sense and highly focused approach to traditional banking — gathering deposits and making relatively low-risk loans." ? They mostly meant sub-prime residential mortgage lending.

Community Bank 68

Community Bank Community Apple National 68

Gonzobanker

DECEMBER 20, 2019

picks up Bancorp of New Jersey, Inc. Niche Payments Acquisition Award – Goes to City National Bank for its acquisition of FilmTrak. The troublemakers who still compete with the national banks 10 years from now will be better scaled, better at tech, operating with more agility and attracting Gonzo talent across all functions.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation.

Community 216

Community Fintech Industry Innovation 216

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. and equipment lending and asset based lending through Triumph Commercial Finance. (Nasdaq: MCBS) MetroCity Bankshares, Inc.,

Capital 78

Capital Texas Metro North Carolina 78

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” because of race, color, religion, sex, handicap, familial status, or national origin.”. to discriminate against any person.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

AUGUST 30, 2018

Under the Rule, a practice has a discriminatory effect where it actually or predictably results in a disparate impact on a group of persons or creates, increases, reinforces, or perpetuates segregated housing patterns because of race, color, religion, sex, handicap, familial status, or national origin.

Groups 68

Groups Rhode Island District of Columbia North Carolina 68

CFPB Monitor

JANUARY 7, 2021

However, the AG plaintiffs in the new lawsuit instead view the Rule as “an unlawful attempt” by the OCC to “facilitate predatory lending” and support “rent-a bank schemes.”. The OCC anticipated and refuted many of the Complaint’s allegations in the Supplementary Information published with the final Rule.

District of Columbia 78

District of Columbia North Carolina New York Policies 78

Gonzobanker

DECEMBER 20, 2018

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. CenterState Bank Corporation and National Commerce Corporation merge to create a $16+ billion southeastern player. GonzoBanker of the Year – Large Banks.

Fintech 100

Fintech Conference Innovation Community 100

PYMNTS

MAY 16, 2019

exporters to compete on a level playing field in markets and industries where China and other nations are aggressively supporting their exporters.” Senate Republicans previously rejected President Trump’s first domination as EXIM Bank chair, Representative Scott Garrett from New Jersey, reports in The Hill said earlier this month.

US 128

US Alabama New Jersey Utah 128