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Widening Borrower Protection’s Scope To SMBs

PYMNTS

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136
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Big Names Embark On Spring Hiring Sprees

PYMNTS

The decision was made in support of the company’s $11 billion multi-year investment plan to increase Home Depot’s lead over brick-and-mortar competitors such as Lowe’s , as well as keeping ahead of online competitors including, but not limited to, Amazon. The company is investing $3.4 Tech Giants. Prominent U.S.

Vermont 100
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Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

To apply, you must live in one of the following states : Arizona California Florida Illinois New Jersey New Mexico Nevada Texas Utah Idaho (online only) Missouri (online only) Wisconsin (online only) Currently, you can only apply if you receive an offer code in the mail, but the company plans to open applications to the public in the near future.

Idaho 52
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. But, no worries, right, AOCI was excluded in regulatory capital ratio calculations, and we could hide some of that interest rate risk in HTM securities.

FDIC 78
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The 2018 GonzoBanker Awards

Gonzobanker

Cross River Bank in New Jersey ($1.1B) has found a nice niche providing back-end decisioning and servicing solutions for fintech lenders such as Affirm, BestEgg, Coinbase and TransferWise. Capital One quit mortgage late in 2017. Write articles about helping people with taxes or something.” Banks Leveraging Fintechs Award.

Fintech 102