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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action.

Lending 130
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CFPB announces new appointments to advisory groups

CFPB Monitor

Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. Christopher G. New Community Bank Advisory Council members are: Jonathan T.

Groups 60
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2021 GonzoBanker Awards

Gonzobanker

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

Fintech 144
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Prepaid debit card for youth. HQ: Salt Lake City, Utah. Alt-lending. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform. Latest round: $12.5 Total raised: $12.5 HQ: New York City. Source: FT Partners.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Financial supply chain management. Derivative risk management. Online consumer lending. HQ: Provo, Utah. Person-to-person small biz lending platform. Tags: SMB, credit, lending, loans, underwriting, investing, P2P, business loans, crowdfunding. Source: Finovate. Person-to-person lender. million ($1.5

Company 12
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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Underwrites & guarantees high-risk credit card transactions . HQ: Salt Lake, Utah. Tags: Consumer, SMB, investing, peer-to-peer, equity, loans, lending. Financing for renewable energy and conservation projects. Latest round: $70 million Series D. Total raised: $102.2 HQ: Oakland, California. Source: Crunchbase.

Company 12
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.” Best Free Market Research a Retail Banker Will Ever Get.

Utah 60