Independent Banker

MARCH 15, 2015

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. The latest ICBA salvo was the association’s January 2015 release of its Community Bank Lending Survey, which detailed the tangible impact of the current rules on community banks. See feature for details.).

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. The latest ICBA salvo was the association’s January 2015 release of its Community Bank Lending Survey, which detailed the tangible impact of the current rules on community banks. See feature for details.).

Washington 70

Washington Community Bank Community Survey 70

PYMNTS

APRIL 24, 2018

Marketplace lending platforms – Lending Club, OnDeck, Prosper and the like – have inarguably and fundamentally altered the geography of the lending landscape. The lending model has fundamentally changed,” Vallée told Harvard Business School Weekly. Now decisions are increasingly based on hard information.

Lending 124

Lending Study Capital Data 124

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S. billion in 2017 from $2.6

Lending 103

Lending Online Community Washington 103

TheGuardian

SEPTEMBER 27, 2023

DoJ says Washington Trust engaged in redlining, the racist policy of banks blocking people of color from getting mortgages Washington Trust, the oldest community bank in the US, has agreed to pay $9m to resolve allegations that it engaged in lending discrimination against homebuyers in majority Black and Latino neighborhoods, the Department of Justice (..)

Rhode Island 94

Rhode Island Lending Washington Community Bank 94

Abrigo

DECEMBER 26, 2014

Utilizing the Bank Information platform, Sageworks recently released a ranking of the top mortgage lending credit unions in the U.S. In a lending segment once cornered by banks, credit unions are making an impact for those looking to purchase their own home. Image via Mapcustomizer.com.

Regional 186

Regional Milwaukee Lending Washington 186

PYMNTS

MARCH 25, 2019

A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “ payday lending rule ” mandated roughly two years ago by the Consumer Financial Protection Bureau (CFPB).

Lending 128

Lending Illinois Compliance Chicago 128

American Banker

SEPTEMBER 27, 2023

based Washington Trust over race-based lending discrimination and redlining in the state, saying the bank denied lending services to Black and Hispanic neighborhoods from 2016 to 2021. The Department of Justice reached a $9 million settlement Wednesday with Westerly, R.I.-based

Rhode Island 68

Rhode Island Washington Lending Compliance 68

Independent Banker

SEPTEMBER 26, 2014

Even though the industry identified several major regulatory burdens, including those posed by the Truth in Lending Act and the Home Mortgage Disclosure Act, few substantive regulations were repealed. Advocacy & Policy Regulation / Compliance Washington Watch'

Washington 70

Washington Fort Worth Regulation Community Bank 70

Abrigo

APRIL 21, 2020

The CDFI instated Abrigo's SBA Lending technology platform and systemized approach soon after business owners were able to begin applying for PPP loans. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. Lending & Credit Risk. SBA Lending.

Security 195

Security Lending Community Oakland 195

PYMNTS

APRIL 9, 2020

I think they’re missing a step there in Washington,” Edwards said. So we have to take that into consideration of the amount of money we know we’ve got to lend out just keep our normal lending business going,” Speight said. Bankers want to lend this money out; small businesses desperately need it. Edwards said.

Lending 285

Lending Capital Washington Risk Management 285

PYMNTS

APRIL 10, 2020

Marcus , the online-only consumer banking and lending arm of Goldman Sachs, offers personal loans with no late fees of up to $10,000, with rates ranging from 10.99 The deal follows JetBlue’s announcement that it has temporarily consolidated service in Boston, Los Angeles, New York City, San Francisco and Washington, D.C.

Los Angeles 212

Los Angeles San Francisco New York City New York 212

PYMNTS

JUNE 14, 2020

Now, the Tacoma, Washington, portrait studio is facing another challenge. Not only has Square processed $100,000 in Bluebonnet payments annually, she said, Square’s lending arm has offered customers financing and she has used its software for customers to book sessions and launch marketing campaigns, the report said.

San Francisco 221

San Francisco Boston Washington Software 221

Bank Innovation

APRIL 25, 2019

WASHINGTON, D.C. Fintechs are having trouble facing reality when it comes to obtaining bank charters, FDIC Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting said here at the FDIC’s Fintech and the Future of Banking conference on Wednesday.

Fintech 186

Fintech FDIC Washington Conference 186

PYMNTS

MAY 28, 2019

The Federal Trade Commission has launched an investigation into the merchant cash advance industry just days after FTC Commissioner Rohit Chopra called on the watchdog to tackle unfair small business lending practices. The FTC’s Chopra spoke at a forum in Washington, D.C. ”

Washington 140

Washington New York Lending Regulation 140

Let's Talk Payments

FEBRUARY 14, 2017

Association recommends leading-edge platform for small business loans for community and regional banks WASHINGTON — The American Bankers Association – through its subsidiary the Corporation for American Banking – has endorsed.

Lending 85

Lending Washington Regional Community 85

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. and Alibaba in China, may be able to “replace many banks.”

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

OCTOBER 8, 2018

percent for Q3 compared to Q2, yet down nearly 7 percent from Q1, reports in The Washington Post said. The Small Business Lending Index found lending to SMBs remaining stable and strong for August, driven by accelerated small business investment, according to PayNet President William Phelan. Overall hiring declined 2.45

Millennials 197

Millennials Cards Survey Lending 197

Bank Innovation

AUGUST 23, 2019

Washington, D.C.-based While student loans are a necessity for many American students, international students face the additional hurdle of a lack of credit access. based MPOWER is trying to solve this problem by offering international students loans based on future earnings potential.

Washington 170

Washington Customer Experience Lending 170

Independent Banker

DECEMBER 31, 2022

I encourage you to join us and lend your voice to supporting these and other advocacy efforts, which will shape the policy landscape. This year, gathering for ICBA LIVE in Hawaii and bringing our collective forces to Washington in the spring to advocate for our priorities will aid in ensuring community banks continue to flourish.

Community Bank 218

Community Bank Community Hawaii Washington 218

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking.

Community Bank 122

Community Bank Community FDIC Marketing 122

PYMNTS

NOVEMBER 26, 2020

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

Industry DC Regulation Washington 152

FICO

OCTOBER 4, 2016

The potential of alternative data in consumer lending decisions continues to be a hot topic in Washington, D.C., Notably, the latest version of the Q&A guidance includes a new clarification of this standard involving the use of alternative credit histories in mortgage and consumer lending programs.

Lending 74

Lending Data Community FDIC 74

CFPB Monitor

APRIL 15, 2016

The interest of federal regulators in marketplace lending continues to grow. In July 2015, the Treasury Department issued a request for information regarding online marketplace lending and, in February 2016, the FDIC published an article highlighting the risks for banks that partner with marketplace lenders.

Lending 60

Lending FDIC Washington Financial Technology 60

Ublocal

MARCH 4, 2025

Meet our North Conway team, a group of local experts dedicated to understanding the banking needs of the Greater Mount Washington Valley region. After 17 years, I was presented with the opportunity to travel the country and took a job in Software Implementation for a Commercial Lending LOS system. Washington Valley is very tough.

Washington 75

Washington Community New Hampshire Meeting 75

Perficient

MAY 28, 2020

We have active Pega jobs in Washington DC open. Frequently in Pega implementations we may be required to lend a helping hand in another area, or expand our experience with the product team to ensure implementation is successful.” — Lindsay Denton , Project Manager, Healthcare. TL;DR: Find Your New Pega Job at Perficient.

Leadership 467

Leadership Groups Management DC 467

PYMNTS

SEPTEMBER 23, 2020

Blend’s venture into new territory comes a month after it raised $75 million in Series F funding led by Canapi Ventures , the Washington, D.C- The advantage of digital data collection lies with having a more accurate view of the customer and provides the ability to make better lending decisions in real time, Ghamsari said.

San Francisco 180

San Francisco Washington Survey Data 180

CFPB Monitor

NOVEMBER 12, 2018

This afternoon, Pew Charitable Trusts will host an event in Washington, D.C. focusing on Ohio’s Fairness in Lending Act. Enacted in July 2018, the Act places new limitations on payday loans including an interest rate cap, a limit on the total cost of a loan, and other structural restrictions.

Ohio 68

Ohio Lending Colorado Washington 68

American Banker

NOVEMBER 5, 2020

Executives from a half-dozen major financial institutions avoided detailed commercial lending forecasts and gave a mixed outlook on consumer credit at an industry conference. And they called on Washington to pass an aid package targeted at the most troubled business sectors as soon as it can.

Lending 57

Lending Washington Conference Industry 57

American Banker

JULY 2, 2023

Higher capital requirements tend to drive certain lending activities away from banking and toward so-called shadow banks. How regulators shore up banks without driving their customers away is the source of a spirited philosophical debate in Washington.

Capital 87

Capital Regulation Washington Lending 87

Jeff For Banks

DECEMBER 10, 2024

They provide white-label payments and depository services (think Paypal, Chime) and deploy that funding into specialized lending programs such as lending to wealth management firms, commercial fleet leasing, and real estate bridge lending. The Bank is currently offering shares for sale at-the-market to support future growth.

Las Vegas 70

Las Vegas Lending Community Bank North Carolina 70

CFPB Monitor

NOVEMBER 28, 2022

In announcing this request, “Enhancing Public Data on Auto Lending,” the CFPB stated: Financial markets and policymakers have long had access to granular mortgage data that has provided insight into patterns in lending and risk. But, despite its size, we know much less about the auto lending market.

Data 147

Data Marketing Lending Trends 147

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101

Lending Online South Dakota North Dakota 101

PYMNTS

NOVEMBER 12, 2020

This is something that could make a bad situation worse,” Adam Slater, lead economist for Oxford Economics in London, told The Washington Post. Adding to the problem, the Post reported, is the fact that the looming threat of bankruptcies and defaults has already caused banks to tighten lending. No Quick Fix.

New York City 227

New York City New York Missouri Philadelphia 227

PYMNTS

MARCH 13, 2019

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area, Philadelphia and Boston. Chase plans to open 90 new branches and hire 700 employees by the end of 2018.

St. Louis 145

St. Louis US South Carolina North Carolina 145

American Banker

SEPTEMBER 15, 2023

A movement is afoot to transfer the job of the Federal Home Loan banks to the Federal Reserve. This would be a disaster for small lenders.

Washington 87

Washington Community Bank Policies Community 87

PYMNTS

APRIL 21, 2020

The spate of bankruptcies also presents two ancillary issues: One: Why haven’t retailers been helped by the various stimulus packages coming out of Washington? They are too big to qualify for the Main Street lending program aimed at companies with fewer than 10,000 employees or $2.5 The first issue has caught department stores head on.

Retail 220

Retail Dallas Washington National 220