California Cards Lending Taxes 
PYMNTS
MAY 21, 2018
Credit Card’s Profit Squeeze. Credit card companies, faced with an increase in costs associated with rewards and rising loan losses, have seen their profitability dip of late. The balances on credit cards have grown at a fast pace — up 7 percent year over year in the early part of 2017. the CEO said.
PYMNTS
AUGUST 14, 2020
There’s been no shortage of big payments and FinTech announcements over the past few days, such as Apple ’s bundle bet, Goldman Sachs ’ move to bid on the General Motors credit card or Square ’s decision to test small-dollar, short-term loans. The Gig Economy’s California Woes. The Connected Car’s Coming Potential.
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PYMNTS
AUGUST 5, 2019
But federal law still views marijuana as an illegal substance, which prevents most financial institutions, payment card networks and other providers from taking part in those sales. According to a new lawsuit, though, one company allegedly found a way around that. Not only that, but businesses and even governments have a shared goal.
PYMNTS
JULY 6, 2020
.” There is also reportedly evidence that former city officials misused government prepaid procurement cards to purchase goods for personal use. million worth of business loans were allegedly obtained fraudulently by a California auto body shop owner, reports in Repair Driver News said.
PYMNTS
MAY 18, 2018
Co-founder and CEO Anish Achuthan told reporters that the funds will also be used to bolster Open’s existing platform, develop new products like lending and wealth management, and implement artificial intelligence and analytics into its offering. Blockchain. Cambridge Blockchain. Expense Management. Data & Business Intelligence.
Independent Banker
DECEMBER 31, 2021
That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.
Independent Banker
FEBRUARY 25, 2015
Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. It’s not like cross-selling a credit card.” FirstBank, which has $2.3 New FHA guidelines.
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