South State Correspondent

AUGUST 21, 2023

While Moody’s reviewed the risks across the entire banking sector, substantial analysis focused on the community bank space. Community bankers often lament the COF advantage at national banks – but the numbers do not support this view. Rising Funding Costs In Q2/23, the industry’s cost of funding rose rapidly.

Community Bank 195

Community Bank Community Capital Analysis 195

PYMNTS

NOVEMBER 26, 2018

Small businesses (SMBs) in China are struggling to access bank loans with large, state-owned corporations, according to recent analysis from French trade credit insurer Coface , reported CNBC. That, combined with ballooning debt and ongoing trade disputes with the U.S.,

Lending 129

Lending Analysis Resources Policies 129

PYMNTS

APRIL 29, 2019

Twenty-nine percent of SMB CEOs said economic conditions had recently improved , Vistage’s Q1 analysis revealed, a significant decline from the 44 percent who said the same in Q4 2018, and even more of a drop from the 62 percent who agreed in Q1 2018. Beyond the U.S. , billion lent to SMBs in the quarter.

Lending 168

Lending Michigan Community National 168

PYMNTS

AUGUST 7, 2018

Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the competition into allies and upgrade their lending services without the burden of in-house R&D. However, the Federal Reserve ‘s latest analysis of the U.S.

Lending 100

Lending Survey National Trends 100

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. Anxiety, anxiety, anxiety.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

AUGUST 4, 2016

The alternative lending space is crowded — oversaturated, some may say — and in the U.S. regulation is likely headed its way. marketplace lender OnDeck, alternative lending is likely to be mainstream in Australia as soon as the end of the decade. “This is transforming the credit risk analysis process. .

Lending 100

Lending Regulation Data Payments 100

PYMNTS

MARCH 29, 2016

Post-financial crisis, amid economic recovery, financial institutions across the EU have been calling for a cut in capital charges if they are to ramp up their lending, especially to SMEs. The latest figures show levels of bank lending to large corporates has recovered back to pre-crisis levels. Apparently, it hasn’t.

Lending 100

Lending Capital Report Regulation 100

CFPB Monitor

NOVEMBER 28, 2022

trillion nationally) are on pace to surpass student loans as the second-largest debt category in 2023. 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.

Data 147

Data Marketing Lending Trends 147

PYMNTS

JUNE 26, 2018

Accountants with small business customers facing regulatory compliance or enforcement issues will be able to seamlessly direct those clients to the SBA ’s Office of the National Ombudsman (ONO), which helps to resolve those matters. The SBA and AICPA have been working together since 2008, the entities noted.

Groups 101

Groups National Compliance Lending 101

Abrigo

MAY 20, 2020

FinCEN reminds financial institutions that “detecting, preventing, and reporting COVID-19 scams and illicit activity is critical to our national security.” FinCEN intends to send further advisories concerning COVID-19 related crime based on future data and analysis which will assist in keeping your financial institution up to date.

Lending 195

Lending Fraud Training Report 195

PYMNTS

FEBRUARY 14, 2019

Alexander said the regulation would not only simplify the student loan system, but protect borrowers. Barmak Nassirian, director of federal relations and policy analysis at the American Association of State Colleges and Universities , called the proposed regulation a “detour from real reform.”

System 140

System Regulation Analysis Policies 140

Abrigo

FEBRUARY 24, 2022

Takeaway 3 Two methods of measuring short-term interest rate risk are a gap analysis and, more commonly, an income simulation. Interest rate risk requirements Prudential regulators expect financial institutions to measure the level of potential interest rate risk in their portfolios. Using gap analysis and income simulation.

Management 195

Management Analysis Strategy Policies 195

PYMNTS

JULY 20, 2017

The OCC has been critiqued pretty heavily by state regulators since the proposal first surfaced a year ago. Quite simply, I think it is a good idea that deserves the thorough analysis and the careful consideration we are giving it,” he said in prepared remarks.

Online 100

Online Regulation United States National 100

PYMNTS

SEPTEMBER 26, 2019

Favorable Regulations. This month’s Credit Union Tracker also highlighted the recent issuance of new guidance from the National Credit Union Administration to service legal hemp farmers in the U.S. One of the largest opportunities is in small business lending. Take the legal hemp and marijuana market, for example.

Lending 108

Lending Community Bank Community Fintech 108

The Financial Brand

OCTOBER 24, 2021

Financial institutions must scrutinize marketing, branching and lending strategies as Attorney General targets redlining in mortgage credit. The post Justice Department Sets Major Fair-Lending Enforcement Push appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 32

Lending Banking Trends Analysis Trends 32

BankUnderground

APRIL 28, 2023

The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress. Additionally, regulators in various jurisdictions have been trying to create simpler (but not weaker) regulatory frameworks for small banks.

Capital 80

Capital Lending US Data 80

PYMNTS

AUGUST 1, 2018

The proposed changes include moving the collection and storage of small business lending data, required under the Dodd-Frank Act , from the Consumer Financial Protection Bureau (CFPB) to the Office of Financial Research (OFR). It is critical that we respond to the needs and concerns of Main Street America,” said Snowe in a statement.

Policies 100

Policies Report Regulation Maine 100

CFPB Monitor

AUGUST 13, 2020

The article begins with a discussion of a 1972 report issued by the National Commission on Consumer Finance (NCCF). The NCCF was established by the Consumer Credit Protection Act of 1968) to study consumer credit markets and recommend improvements in consumer credit regulations. A $594 loan required a 103.54

Study 148

Study Survey National Analysis 148

CFPB Monitor

APRIL 29, 2015

The CFPB has issued a fair lending report covering its fair lending activities during 2014. The report states that in 2014, CFPB fair lending supervisory and public enforcement actions required institutions to provide approximately $224 million in remediation.

Lending 60

Lending Report Policies Compliance 60

Abrigo

JULY 6, 2017

It’s been more than six months since the National Credit Union Administration (NCUA) issued its revised member business lending (MBL) rule in January 2017. The NCUA recently updated the Examiner’s Guide to include what it described as a clear framework for supervisory expectations for managing a commercial lending program.

Risk Management 170

Risk Management Lending Policies Management 170

Abrigo

SEPTEMBER 20, 2023

Recognizing the gravity of the situation, the Financial Crimes Enforcement Network (FinCEN) identified fraud as a national priority. Regulators will be expecting this as they examine institutions for FinCEN priority preparedness. It's no longer a discretionary measure but an imperative one. Staying on top of fraud is a full-time job.

Fraud 195

Fraud Trends Cards Software 195

Cisco

JUNE 7, 2022

In between these events, a different crisis began in the US sub-prime lending market. The Financial Services Information Sharing and Analysis Center ( FS-ISAC ), an industry consortium of 7,000 financial institutions, expects cyber threat activity to increase as cyber criminals search for zero-day vulnerabilities. Takes Partners.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Abrigo

JULY 12, 2021

Understand the quantitative analysis. After all, said Garver Moore, Abrigo Managing Director, “The purpose of the qualitative factors is to address what’s not in the losses expected from the quantitative baseline analysis.” said Gordon Dobner, Partner in BKD’s National Financial Services Group, during the recent ThinkBIG Conference. “I

Analysis 195

Analysis Conference Management Regulation 195

Abrigo

DECEMBER 20, 2021

CBOT had no analysis, documentation, or justification for exempting these customers. Automated templates for case closures : A preset list of reasons for closure was used by CBOT with no analysis or documentation as to why the reason for closing the case was used. and CDD will be top of regulators' minds for some time.

Resources 195

Resources Texas Analysis System 195

Abrigo

MARCH 6, 2015

March comes in like a lion for the nation’s largest banks. Stress testing allow banks and credit unions to examine the portfolio, concentrations and specific borrower relationships to identify risk and make more informed capital planning and lending strategy decisions based on their individual results.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

CFPB Monitor

JUNE 12, 2020

Marlette Funding, LLC et al , arises from an enforcement action filed in 2017 by Colorado’s UCCC Administrator challenging a bank-model lending program involving a New Jersey state-chartered bank. Section 27, which applies to state banks, is patterned after Section 85 of the National Bank Act, which applies to national banks.

Colorado 78

Colorado FDIC Analysis National 78

South State Correspondent

AUGUST 21, 2022

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. Lending Discipline: Hedging programs make loan pricing more transparent and force bankers to exercise sensible pricing methodologies. Conclusion.

How To 195

How To Community Bank Community FDIC 195

CFPB Monitor

DECEMBER 22, 2020

The Chief Counsel of the Office of the Comptroller of the Currency has issued Interpretive Letter 1173 , addressing national bank and federal savings association preemption of state law under the Dodd-Frank Act. In this regard, the Interpretive Letter observes that 12 U.S.C. §

National 78

National Conference Analysis Lending 78

PYMNTS

FEBRUARY 13, 2017

The analysis finds widespread optimism among the world’s small businesses, with U.K. small businesses are nearly twice as likely to be positive, rather than negative, about the state of the nation’s economy this year. 66% of U.K. According to the report, U.K. Still, more than a quarter of U.K.

Survey 122

Survey Analysis Lending ATM 122

PYMNTS

OCTOBER 10, 2019

Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. As the October Digital Identity Tracker explores, the small business (SMB) lending and financial services industries have begun to dip their toes into more sophisticated identity validation tools.

Strategy 124

Strategy Lending Knowledge Base Tools 124

CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal.

FDIC 78

FDIC Regulation Community Retail 78

BankUnderground

AUGUST 23, 2023

However, there is little analysis in the public domain about who is using BNPL credit in the UK and its contribution to total household debt. Many BNPL products are exempt from regulation because they do not charge interest on repayments. Some other BNPL products are regulated and charge interest on repayments. Who uses BNPL?

Survey 85

Survey Groups Regulation Data 85

CFPB Monitor

OCTOBER 6, 2022

In our view, the court’s analysis is misguided. According to both courts, a “substance over form” analysis is inappropriate when assessing whether a transaction or a party to the transaction falls under a constitutional or statutory exemption from the usury prohibition. Opportunity Financial, LLC and Beechum v.

California 78

California FDIC Analysis Utah 78

Abrigo

AUGUST 5, 2020

is officially in a recession, according to the National Bureau of Economic Research. The first area Wear recommends bolstering is credit memo content and analysis. To provide better analysis in the credit memo, financial institutions should focus on the “why.” After a record 128-month-long economic expansion, the U.S.

Management 195

Management Risk Management Trends Industry 195

CFPB Monitor

JUNE 29, 2020

Madden held that a non-bank entity that purchased charged-off loans from a national bank could not charge the same rate of interest on the loans as the national bank was able to charge based on its authority under Section 85 of the National Bank Act (“NBA”). On July 20, 2020, from 12:00 p.m. to 1:00 p.m.

FDIC 60

FDIC National Analysis Regulation 60

Abrigo

DECEMBER 16, 2019

Regulators, investors, and other stakeholders will be watching and listening for updates on the impacts of the accounting change. Lending & Credit Risk. Be willing to change as needed. . During the webinar, Felicity Ours, CPA, CRC, of Summit Financial Group (NASDAQ: SMMF), a $2.2 Assess data first, then move to methodology.

West Virginia 195

West Virginia Virginia Data Community 195