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Fed reported to have reservations about fintech charter

CFPB Monitor

Reuters reports that “many Fed officials fear that these firms lack robust risk-management controls and consumer protections that banks have in place.” To that end, the Philadelphia Fed sponsored a conference last November on “ Fintech and the New Financial Landscape.” The article quotes the President of the St.

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FICO Awarded Drexel LeBow Analytics 50 Award for the FICO Safe Driving Score

FICO

Can Arkali, senior director of Scores and Predictive Analytics at FICO, was at awards ceremony in Philadelphia in May to accept the award. FICO launched the FICO® Safe Driving Score in 2016 in partnership with global risk management leader, eDriving.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Teaching people about wise money management is a key part of the Credit Builder Account program, Bynum says. “We Philadelphia. Philadelphia.

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Loan-pricing models: What to consider

Abrigo

Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. Management must ensure that an appropriate pricing structure is established and implemented for each type of loan product offered,” Adams wrote. According to James L.

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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

He was just in Philadelphia on January 3rd delivering his last public speech and he nostalgically proclaimed that “the recovery remains incomplete,” which will qualify his comment for the understatement of the year award. Our Philadelphia Eagles excited us and made us optimistic that their 2014 will be bright.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Even churches are closed and the new reality had me watching Easter church services from the Cathedral Basilica in Philadelphia on a website. For most of us here around Philadelphia, the stay at home restrictions began on March 13th, which was Montgomery County‘s date. Restaurants are closed. Theaters are closed.

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The 2019 GonzoBanker Awards

Gonzobanker

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. Brown gives his employees $100 to go open accounts across the Philadelphia area and then shares the results: good, bad and humorous.

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