Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. In the late 90s, low interest rates made speculative equity investments more attractive than bonds, and at the same time, innovative internet companies grew in popularity among retail investors, professional traders, venture capitalists, and the like (familiar?). Remember K Bank in Maryland?

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

JANUARY 30, 2018

Maryland Representative Elijah Cummings and California’s Representative Jimmy Gomez, in an open letter to BoA CEO Brian Moynihan, said that many low-income American families rely on the account. They also questioned the move in light of the lift BoA received from last month’s federal legislation, which slashed taxes for corporations.

America 109

America Maryland FDIC Millennials 109

Fintech Labs Insights

AUGUST 14, 2015

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . HQ: Damascus, Maryland. Digital Retail Apps.

New York City 12

New York City Company Fintech New York 12