Jack Henry

JULY 13, 2023

As deposits reach their lowest levels since 2009 – when many younger bankers were still in college ‒ the mission to attract and grow deposits is a fairly new concept. They translate into lucrative lending opportunities as well as fee-based commercial solutions, like payments and financial management services.

Florida 78

Florida Lending Strategy Management 78

BankNXT

MARCH 1, 2016

Could the 2009 subprime mortgage crisis have been avoided with blockchain? The subprime mortgage crisis, and why distributed ledgers would have been instrumental in lessening its impact. Story by George Samman. on BankNXT.

blockchain 40

blockchain Risk Management Financial Technology Technology 40

SWBC's LenderHub

JULY 7, 2015

"Subprime" seems to be a dirty word in the lending world—both in the media and in the minds and hearts of many Americans who weathered the storm of the 2007–2008 Great Recession. million jobs in 2008 and 2009, according to the Economic Policy Institute , and approximately $16.4 trillion in wealth. trillion in wealth.

Lending 60

Lending Policies 60

PYMNTS

MARCH 1, 2019

The CFPB found through research — marking the first time it has been able to analyze such mortgage choices — that the share of first time of first-time homebuying servicemembers using VA mortgages increased from 30 percent before 2007 to 63 percent in 2009. In 2016, 78 percent of servicemember loans were VA loans.

Comparison 116

Comparison Lending Trends Report 116

PYMNTS

OCTOBER 1, 2019

When the economy crashed in 2008, and fully bottomed out in June 2009 credit across the board froze. While other forms of credit were showing signs of returned in 2014, SMB lending still trailed its 2007 peak by 17 percent. The good news is that the bad news wasn’t worse news — the economy recovered, albeit unevenly and slowly.

Data 135

Data Lending Capital Regulation 135

South State Correspondent

MAY 9, 2023

private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. We have witnessed more bank failures by asset size in 2023 than in 2008 and 2009 combined. economy needs.

FDIC 195

FDIC Regulation Capital Management 195

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.

Lending 60

Lending Regulation Community Community Bank 60

Bank Innovation

FEBRUARY 28, 2017

Bank Innovation today released a beta of its relaunch, the most significant rebuilding of the site since its start in 2009. Let us know what you think of the rebuilt site by emailing info@bankinnovation.net.

Innovation 150

Innovation US social media Operations 150

CFPB Monitor

DECEMBER 9, 2021

In his most noteworthy remarks, Director Chopra: Identified federal preemption as having played a major role in the 2007-2009 sub-prime mortgage crisis and suggested that the OCC had used preemption “to attack state consumer protection enforcement.”

National 78

National Lending Regulation Compliance 78

PYMNTS

NOVEMBER 20, 2018

In some areas, the growth in sub-prime lending matches overall growth in the segment, with credit cards and personal loans as the best example. The sub-prime mortgage segment has also performed strongly in terms of delinquencies, in line with overall trends in the mortgage world since 2009. percent to 18.63 It never happened.

Lending 188

Lending Trends Cards Capital 188

Bank Innovation

MARCH 6, 2017

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

Innovation 150

Innovation Online social media Operations 150

Bank Innovation

FEBRUARY 28, 2017

We have undertaken our most significant redesign and relaunch since Bank Innovation initially dropped online in 2009. This beta officially kicks off today and marks a new chapter in the life of Bank Innovation. We hope you love it. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we […].

Innovation 150

Innovation Online social media Operations 150

Abrigo

FEBRUARY 17, 2015

Which areas of lending and what banks are driving the expansion? Agricultural lending represents two percent, and all other loan types represent the remaining 12 percent. In fact, community banks accounted for 44 percent of all CRE lending, and 78 percent of all agricultural lending. Following the recent recession, U.S.

St. Louis 150

St. Louis Lending Community Bank Regional 150

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. The DOJ Finding. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

APRIL 8, 2019

“Because loss rates today are low and competition for high-score borrowers is fierce, lenders may be tempted to lower their credit standards without appreciating that the 660 credit-score borrower today may be relatively worse than a 660-score borrower in 2009.”.

Analytics 174

Analytics Report Lending Retail 174

PYMNTS

JUNE 28, 2016

The first was on the valuation of assets in six private funds, and the other was tied to loans made in 2009 to the former CEO and three of his family members. Lending Club is set to hold an annual shareholders meeting Tuesday (July 5th) after postponing the event three weeks ago. The toll has been swift and measurable.

Lending 101

Lending Maine Meeting Management 101

PYMNTS

DECEMBER 5, 2016

This marks the first time in history a peer-to-peer lending facilitator in Europe has listed Russian loans. Twino was founded in 2009 and currently sells loans from Georgia, Latvia, Denmark, Estonia and Poland. Low interest rates have been the norm in the global lending market for the past few years.

Georgia 100

Georgia Lending System Operations 100

BankUnderground

APRIL 3, 2024

Net lending represents the overall surplus or deficit, and it is theoretically the same whether you look at it from the income or financial account viewpoint. Evolution of the net lending positions of households and corporates The pre-GFC era was a period of strong growth and low inflation , which coincided with a large expansion of credit.

Lending 63

Lending Analysis Policies Trends 63

PYMNTS

JUNE 16, 2017

Earlier this month, Moody’s Investors Service reported credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting them — are at their highest rate since 2009, possibly due to loosening lending standards.

Cards 100

Cards Lending America Capital 100

Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. Ashbaugh goes on to demonstrate that the default rates for these loans did not peak until about 2009, and the ALLL did not increase until 2010.

Risk Management 150

Risk Management Management Capital Lending 150

CFPB Monitor

SEPTEMBER 24, 2020

ITT”) story was written last week with the CFPB’s announcement that it entered into a stipulated settlement with PEAKS Trust 2009-1 (“PEAKS”), a special purpose entity created in 2009 to purchase, own, and manage certain private student loans with students enrolled at ITT.

Management 78

Management Lending Report Company 78

PYMNTS

JANUARY 24, 2020

In lending, in determining whether credit is likely to be repaid by a borrower, the devil is in the details. The FICO updates tend to happen every five years — the last two were in 2014 and 2009 — and yet there’s a long tail of adoption. What if the details are the wrong ones? The Two C’s .

Lending 126

Lending System Data Capital 126

PYMNTS

MAY 14, 2018

Its analysis also found that the rise in alternative and marketplace lending options in the market has not yet made a significant impact on SMBs’ ability to access trade finance products. According to the FIs, the program has facilitated more than $30 billion in trade finance to SMBs across Asia since its launch in 2009. “As

Analysis 116

Analysis Lending Operations Marketing 116

PYMNTS

AUGUST 30, 2017

Lenders need deeper insights into the consumers they are lending to, and consumers — particularly younger borrowers — need a better understanding of how to manage their obligations.”. percent since 2009, noted Experian. A student loan is an investment that can benefit someone for a lifetime. per person. but that has increased to 3.7

Analytics 112

Analytics Lending National Management 112

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. No, we’re not talking about the launch of Square – that was in February of 2009. True in 2009. If this person can’t afford this, we won’t lend. The skies parted, the Earth shook and the song of angels was heard from on high.

Innovation 177

Innovation Payments Cards Retail 177

Celent Banking

JUNE 12, 2015

This includes global transaction services, small business services, commercial and small business lending, and the changing role of corporate treasury and its impact on meeting the needs of corporate banking clients. On the lending side, US commercial loan outstandings have more than fully recovered from the 2008-2009 financial crisis.

Lending 100

Lending Trends Meeting Banking Trends 100

Abrigo

FEBRUARY 9, 2016

As the market has shifted from 2009, almost every bank wants to grow, and they are receiving pressure to do that,” says Peter Brown, director of strategy and operations for the financial institutions division at Sageworks.

Compliance 150

Compliance Lending System Data 150

PYMNTS

JULY 25, 2017

But, Passione noted, many of the players who are taking a pass on offering student lending and other forms of personal loans often aren’t doing so for lack of interest — but lack of ability via smart technology. Lending-as-a-Service. By offering a white label lending service, we are making those connections possible.”.

Lending 100

Lending Community Bank Millennials Community 100

BankUnderground

NOVEMBER 30, 2021

In our paper , we use balance sheet data for 118 UK banks to empirically investigate whether the asset compositions of banks involved in the UK QE operations reacted differently in comparison to banks not involved in the initial rounds of QE between March 2009 and July 2012. QE and bank lending. QE and central bank reserves.

Lending 75

Lending Capital Groups Policies 75

PYMNTS

OCTOBER 21, 2019

The world of 2009 was starkly different, a far less optimistic place. Though the Great Recession was technically “over” by the middle of 2009, few people living in the real economy felt that fact in their daily lives. When people asked “what’s next?” in the year 1999, they were generally pretty excited to hear the answer.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

OCTOBER 17, 2017

“Delinquency rates have risen in part because lending to sub-prime borrowers increased significantly in recent years,” CreditCards.com’s senior industry analyst, Matt Schulz, said in the report. That brings with it a lot of risks, for both the banks and the consumer.”.

Cards 109

Cards America Data Lending 109

PYMNTS

FEBRUARY 12, 2018

According to the ASIC, many of those users are small businesses, with some cases dating back as early as 2009. The agency noted that ANZ has since updated its procedures for disclosing fees and other information to its corporate clients.

Cards 116

Cards Lending National Report 116

PYMNTS

APRIL 18, 2016

Figures from the Federal Deposit Insurance Corporation show that the lending sector has added $1.43 It marked the first time that banks added to these reserves since 2009, Bloomberg said. “We’re at the very early stages of an inflection point in corporate credit quality , and it’s getting worse from here,” the analyst told reporters.

US 100

US Lending America Report 100

PYMNTS

OCTOBER 10, 2016

Alternative lending platforms integrating with providers of other financial services has become a new norm. Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa.

Management 100

Management Lending Cards Capital 100

PYMNTS

APRIL 10, 2017

The $1 trillion level has been attained for credit card debt within the country, with that level not seen since early 2009, when the shockwaves of the financial crisis first were felt. Those two subsets of lending hit their own respective $1 trillion levels over the past few years. In the U.S., at least, debt is no four-letter word.

Cards 120

Cards US Lending National 120

PYMNTS

OCTOBER 13, 2016

The year was 2009, and it was rough for some, but a fertile ground for others. “I Kabbage is a data and technology platform that enables real-time lending. The goal of all that money is, of course, to lend to small business owners. Petralia remembers back to 2009 when the team was looking for a bank partnership.

Regulation 100

Regulation Lending US FDIC 100

PYMNTS

MARCH 2, 2018

Beard joins Cardlytics after serving as the Nielsen Company ’s global president for Ad Solutions, Expanded Verticals and Innovation, from 2009 to 2017, where he was one of two representatives of Turner’s Ad Lab Advisory Board. Johnson joins Cardlytics from SunTrust , where she was SVP and head of Consumer Direct Lending.

Marketing 101

Marketing Groups Lending Branding 101