article thumbnail

Wisconsin passes EWA law as states’ paths diverge

Payments Dive

This week, Wisconsin became the third state to pass a law requiring that earned wage access providers be licensed, and leaving the payments unregulated under lending laws.

Wisconsin 195
article thumbnail

Spotlight on lending: Commercial loan growth geographically

Abrigo

Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. Specifically for businesses, are commercial loans on the rise? Nationally, the picture is a fine one.

Lending 186
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ag lending outlook & top challenges

Abrigo

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.

Lending 195
article thumbnail

Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories. Notable merchant partners include Best Buy, Home Depot, and Target. So, if there’s usually no interest being charged for BNPL purchases, how do these companies make any money?

Fintech 474
article thumbnail

Keeping On-Campus Credit Unions Competitive

PYMNTS

an enterprise lead management solutions provider, is aiming to tackle this in partnership with FinTech CuneXus Solutions by providing an automated lending solution that keeps the process swift while screening applicants, ensuring that loans only go to eligible candidates. Deep Dive: How Credit Unions Can Use Data to Improve Business Lending.

Wisconsin 116
article thumbnail

Associated in Green Bay gathers lending momentum, boosts margin

American Banker

The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.

article thumbnail

Can banks have an impact on alleviating the egg shortage?

Abrigo

In Q1 2015, the Midwest accounted for the largest pocket of lending, with 71 percent of the total farm loans for the quarter ($35 billion). The biggest name in ag lending is unlikely to be a surprise – John Deere Financial FSB. Headquartered in Madison, Wisconsin, the non-traditional bank held more than $1.6