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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. The Credit Union Tracker , done in collaboration with PSCU , is the go-to monthly resource for updates on trends and changes in the credit union industry.

Nevada 192
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CFPB enters into consent order with debt collector and its owner to settle alleged FDCPA and CFPA violations

CFPB Monitor

The CFPB announced that it has entered into a consent order to settle the CFPB’s allegations that a debt collector, Yorba Capital Management, LLC (Yorba), and its owner, Daniel Portilla, Jr., violated the Consumer Financial Protection Act and that Yorba violated the Fair Debt Collection Practices Act.

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Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. months in the first half of 2018, from 5.6 months in the first half of 2017.

Marketing 108
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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. I also filtered for anomalies such as recent merger announcements as a seller, turnaround situations (losses suffered from 2018 forward), mutual-to-stock conversions, and penny stocks. Well done and best of luck leveraging the ECIP capital for good! #2.

Fresno 100
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Leadership and board members. Thrive Capital, Khosla, Kleiner Perkins Caufield & Byers, and Redpoint also participated in early fundraising rounds.As

Online 98
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Temenos to Acquire Kony: So What?

Gonzobanker

While the Commerce implementation is still in progress, signings of Varo Bank and PayPal followed as well as the 2018 acquisition of high-end origination provider Avoka. For Kony clients, the Temenos deal eliminates the distraction that could have been associated with an IPO and provides a strong, well-capitalized parent.

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GonzoBanker Awards 2017

Gonzobanker

BNC shareholders got a terrific premium, a 47% dividend increase, and a continued leadership role for Richard D. Here’s hoping a final remodel of the stage coach occurs in 2018. The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking.