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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

The ThinkBIG 2024 conference is June 3-6 in Phoenix, Arizona, and with 99% of last year’s attendees saying they would recommend the conference to others, Abrigo expects another large crowd. Frank Lloyd Wright-influenced architecture and the amenities of the Waldorf Astoria resort make the Arizona Biltmore a desert oasis.

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Arizona AG announces more fintech sandbox participants

CFPB Monitor

In August 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.” and Sweetbridge NFP, Ltd.,

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One SME Lender’s Take On Regulation And Transparency

PYMNTS

The company takes a more narrow focus to small business lending than some other FIs by targeting the western U.S. But Clearinghouse CDFI can also offer interesting insight into the state of regulation of small business lending and how greater oversight may impact the SMEs that prop up their local communities. A Regional Reach.

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Community Banks Debut FinTech Alliance

PYMNTS

Arizona, which launched a “sandbox” earlier this year, said last week that there is a new participant in that FinTech-driven initiative. This time around, Sweetbridge is using blockchain in a lending context. The company is trialing token-based asset lending through the next two years and covering 10,000 state residents.

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Could Income Share Agreements Displace Payday Loans?

PYMNTS

In an income share agreement, the entity supplying the funds isn’t lending the borrower money, but investing in a worker’s future earnings with the hope of a return. Moreover, he noted, because it is unclear if the business model is subject to state lending laws, it is also unclear if Align even needed his permission to operate in Arizona.

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What Is Powering The Emerging Pawnaissance?

PYMNTS

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Scottdale, Arizona was chillier than normal this week, but that didn’t prevent bankers from having heated discussions about 2023 at this year’s Acquired or Be Acquired conference, hosted by Bank Director. Like the Phoenix Open and Super Bowl week coming soon to Arizona, it’s clear things are going to be hopping in banking this year.

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