PYMNTS

AUGUST 14, 2020

China’s peer-to-peer (P2P) lending sector, once 6,000 businesses strong, has been reduced to fewer than three dozen as the government tightened regulations, leaving billions in loans unpaid. Regulators and law enforcement will try their best to recoup the money, he told China Central Television Friday (Aug. 14), per the report.

Lending 315

Lending Regulation Industry Fraud 315

PYMNTS

NOVEMBER 10, 2020

It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. The rest will go toward developing partnerships with governments and regulators “to raise the bar” when it comes to modern, unbiased lending.

Lending 345

Lending Software Compliance System 345

PYMNTS

AUGUST 11, 2020

Federal and state authorities are targeting companies that allegedly lend money to small businesses at extreme rates and seek to collect payments with heavy-handed tactics, NBC News reported Tuesday (Aug. Critics argue that the total cash outflow required of businesses that get money from merchant cash advance companies can be disastrous.

Lending 237

Lending Regulation Philadelphia New York 237

Perficient

NOVEMBER 30, 2021

Recognizing that regulated and non-regulated financial institutions seek to engage in cryptocurrency and crypto asset activities, the three largest federal bank regulators, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, recently issued a joint statement on crypto assets.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

PYMNTS

JANUARY 6, 2021

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We

Lending 323

Lending Fintech Data Comparison 323

Chris Skinner

OCTOBER 10, 2018

One article typified this feeling: High-society fintech under pressure … The post Why P2P lending works in some markets and not in others appeared first on Chris Skinner's blog. So many unicorns are loss-making firms, and billion-dollar valuations on million-dollar revenues seems like a lot of hype.

Lending 344

Lending Marketing Fintech Regulation 344

Chris Skinner

SEPTEMBER 12, 2018

The reason I raise it is that I … The post China’s blood on the carpet in P2P lending appeared first on Chris Skinner's blog.

Lending 310

Lending US System Case Study 310

Abrigo

MARCH 21, 2025

In recent years, financial institutions have faced increasing regulations regarding their efforts to serve the needs of diverse communities. Must comply with strict benchmarks for lending, investment, and community development initiatives. Must report on loan distribution and loan-to-deposit ratios.

Compliance 195

Compliance Strategy Data Lending 195

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. Takeaway 3 The specific policy areas outlined below should be carefully considered by credit unions engaged in member business lending.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. Watch NOW Takeaway 1 Abrigo's experts produced many pieces on lending and credit risk to provide strategies and tools to help banking professionals.

Resources 221

Resources Lending Risk Management Policies 221

Payments Dive

MAY 23, 2024

This week, South Carolina became the fifth state to enact a law regulating earned wage access providers, but it doesn’t subject them to lending laws.

South Carolina 326

South Carolina Lending Regulation 326

PYMNTS

OCTOBER 16, 2020

trillion yuan ($219 billion) in profit by cutting lending rates and deferring loan repayments in an effort to assist firms. During the first two quarters of 2020, these lenders also put more funds aside in anticipation of loan losses to come. Furthermore, the Beijing government has requested that banks forfeit 1.5

Regulation 280

Regulation Lending National Marketing 280

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. “Regulation around open banking has certainly been of great benefit to businesses in the U.K., In the U.K.,

Lending 233

Lending Data User Experience Fraud 233

Abrigo

MAY 19, 2023

Introduction How regulators define successful loan reviews Mark Twain observed, “A thing long expected takes the form of the unexpected when at last it comes.” So, let’s get a sense of what regulators specifically expect loan review to do, and let’s start with loan review systems.

System 195

System Regulation How To Lending 195

PYMNTS

NOVEMBER 12, 2020

Built on the back of Regulation Crowdfunding under the Jumpstart Our Business Startups (JOBS) Act, Miventure operates as a funding portal to connect SMBs with unaccredited investors, a relatively new paradigm for SMBs used to turning to traditional banks or venture capitalists to back their companies. The High-Risk Perception.

Regulation 232

Regulation Capital Marketing Technology 232

Abrigo

APRIL 11, 2025

One example: a $400 million-plus bank serving customers and businesses in western Ohio and through its specialty lines of business nationwide began a project to optimize its use of Abrigos Sageworks lending and credit solutions. Find out how Abrigo helps optimize lending with small business loan origination software.

Technology 195

Technology Software Training Risk Management 195

Abrigo

JANUARY 17, 2023

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. APIs and digital doc prep ease the workload on your SMB and commercial lending staff, too. . Digital lending.

Lending 195

Lending System Customer Experience Case Study 195

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Takeaway 2 Loan decisioning allows institutions to efficiently allocate credit analysts’ time for profitable small business lending.

Lending 195

Lending Community Bank Community Analysis 195

Bank Innovation

APRIL 16, 2020

EST, Bank Innovation will host a Zoom meeting for subscribers titled “Regulators’ and Financial Institutions’ Pandemic Responses: What Do We Know, What Can We Know, and When Can We Know It?” On Tuesday at 12 p.m.

Meeting 273

Meeting Regulation Innovation Fintech 273

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. You might also like this report on commercial loan automation systems DOWNLOAD. Definition of LOS.

System 338

System Lending Software Analysis 338

Abrigo

NOVEMBER 18, 2024

Prepare for regulator scrutiny on interest rate risk & liquidity Banks and credit unions that aren't paying attention to these critical issues can expect a tough review. With the uncertain economic outlook, regulators and examiners have been regularly conveying their top priorities for banks and credit unions.

Risk Management 195

Risk Management Regulation Policies Management 195

Abrigo

MARCH 5, 2025

As financial institutions deal with growing portfolios, evolving regulations, and a shifting workforce, maintaining consistency in credit risk assessment is more difficult than ever. A new era of loan review efficiency Loan review teams have long faced challenges balancing speed, accuracy, and staffing constraints.

Risk Management 195

Risk Management Management Tools Compliance 195

South State Correspondent

APRIL 24, 2022

However, some community banks are still deciding on the correct term lending index to adopt. Considerations For Choosing A Term Lending Index. Every community bank must analyze its market and product to adopt the term lending index that is best suited for its needs. The post What Term Lending Index Should Banks Adopt?

Lending 195

Lending Community Bank Community Marketing 195

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

NOVEMBER 3, 2020

3), stock exchanges in Shanghai and Hong Kong have suspended the looming IPO (initial public offering) in Ant Group, citing regulatory changes in the financial services landscape — and summoning executives including controller Jack Ma to meet with Chinese regulators at the China Securities Regulatory Commission.

Lending 199

Lending Meeting Groups Regulation 199

South State Correspondent

MARCH 3, 2025

Germain Depository Institutions Act of 1982 enabled thrifts to offer money market accounts and expand lending powers, fostering competition with banks. At the same time, starting in 1984, regulators started recording the CD rates at banks for public consumption. of C&I lending. The Garn-St.

FDIC 195

FDIC Trends Management ATM 195

Perficient

FEBRUARY 12, 2025

The industry faces numerous challenges, including protecting sensitive data, navigating evolving regulations, and outdated legacy systems. To harness AIs potential effectively, its essential to develop a strategy that considers payment regulations to ensure consumer protection , data privacy , and ethical use of AI.

Trends 221

Trends Payments Compliance blockchain 221

South State Correspondent

JUNE 10, 2019

A common line of thinking in the banking industry, especially regulators, is that recessions are driven by, or at least exacerbated by, the supply of credit. Banks, in an effort to stay competitive, tend to drop their lending standards to hit their loan growth targets. In doing so, these banks take on more and more risk.

Lending 296

Lending Regulation Industry 296

Abrigo

APRIL 16, 2025

And while the project doesnt directly apply to traditional lending portfolios, it nevertheless offers useful insight for community banks and credit unions. Implications for community financial institutions The proposed changes are narrowly targeted and not directly applicable to traditional lending portfolios. We can help.

Community 195

Community Community Bank Examples Policies 195

Chris Skinner

FEBRUARY 24, 2017

Then FinTech has also gained subcategories like Lending, Analytics, Digital Identity, Cybersecurity, SME Finance, Financial Inclusion, Payments, Roboadvice, Blockchain Distributed Ledgers, Neobanking and more.

Fintech 342

Fintech Regulation Technology Analytics 342

Abrigo

NOVEMBER 14, 2024

Provide timely updates in response to changes in regulations. Our experienced advisors lead extensive BSA training for all departments including teller groups, lending staff, and the board of directors. Provide for program continuity despite operations, management, employee composition, or structure changes.

Compliance 221

Compliance How To Training Software 221

Abrigo

MARCH 27, 2025

They require a mix of judgment, data, and defensibilitywithout clear instructions from regulators on exactly how to apply them. Have we changed our lending practices (new products, risk appetite)? Anticipate questions Auditors and regulators will ask about your methodology. Be ready with clear, well-organized documentation.

How To 195

How To Data Lending Comparison 195

PYMNTS

JANUARY 22, 2021

India's central bank wants stricter regulations for big shadow lenders, according to a new report from Bloomberg. The paper comes after a speech by a top RBI official in charge of banking regulation, Bloomberg writes. However, others piled on risk, he said, lending long-term loans while also raising short-term cash.

Regulation 272

Regulation Capital Lending Groups 272

CFPB Monitor

DECEMBER 9, 2022

In a notice of “ Intent to Make Preemption Determination under the Truth in Lending Act (Regulation Z) ,” the CFPB announced that it is seeking comments on its preliminary determinations that the Truth in Lending Act (TILA) does not.

Lending 147

Lending New York Utah Virginia 147

Abrigo

FEBRUARY 6, 2025

bank and credit union regulators expect financial institutions to implement robust internal controls for managing the credit, market, liquidity, and operational and legal risks associated with investment holdings. banking regulations. You might also like this on-demand webinar, "Winning the deposit game."

Compliance 195

Compliance Technology Operations Risk Management 195