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Widening Borrower Protection’s Scope To SMBs

PYMNTS

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. On top of that, MacKrell said the government is not sufficiently enlightening the small business community about the risks of online lenders.

Lending 136
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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2 How did they lose it?

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The 2018 GonzoBanker Awards

Gonzobanker

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. CVB Financial acquires Community Bank. CenterState Bank Corporation and National Commerce Corporation merge to create a $16+ billion southeastern player.

Fintech 105
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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Low-income consumers are far more likely to find it difficult to secure mainstream credit sources and are thus much more likely to make use of high-cost alternative credit sources when financial emergencies hit, often in the form of a payday, title, tax refund anticipation or installment loan. And that’s just accessing money itself.

Online 100
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The Future Of Housing: From Home Building To City Planning, Tech Giants & Startups Are Reimagining Where & How We Live

CB Insights

These companies are advancing a variety of construction methods to build ambitious development projects that reimagine everything from the wood used in homes to the ways we think about private vs. communal space. Housing supply is dire nationally, with the US reportedly staring down a housing shortage of 7.3M Table of contents.

Seattle 56
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Malls, Restaurants Request Aid As Coronavirus Forces Closures

PYMNTS

The National Restaurant Association (NRA) is forecasting a drop in sales of $225 billion over the next three months due to the outbreak. In New Jersey’s Bergen County, all malls were told to close. The NRA asked for a $145 billion recovery fund from the Treasury Department for the restaurant and foodservice industry.