PYMNTS

FEBRUARY 18, 2020

as quoted by the newswire , the interest rate reduction is “in line with expectations, while the injection amount is relatively small, as interbank funding is sufficient after the new year.”. News came on Tuesday (Feb. According to Zhou Guannan, an analyst at Huachuang Securities Co.,

Policies 130

Policies Retail New York Lending 130

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JANUARY 29, 2018

China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. According to reports at the time, corporate debt levels hit higher than 150 percent of the nation’s gross domestic product (GDP). Reports in Reuters said Friday (Jan.

National 100

National Regulation New York Regional 100

PYMNTS

JULY 17, 2018

In one case at the state level (and it’s New York, so movement there carries much weight within the financial arena), Bloomberg reported that NY’s financial regulator is challenging what the newswire terms a “fundamental principle” on bank and FinTech relationships that brings interest rate caps into that regulator’s crosshairs.

Fintech 100

Fintech Regulation New York Management 100

American Banker

OCTOBER 20, 2016

SunTrust Banks in Atlanta has agreed to buy the multifamily lending business of Pillar Financial in New York.

Lending 28

Lending Atlanta New York Regional 28

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. Bank Merger of the Year.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

AUGUST 20, 2018

Despite direct exposure to the region, they remain unaware of the GDPR requirements. That caution comes even while the door is being opened for some lenders such as OnDeck Capital to operate nationally rather than contending with a patchwork of state regulations and operating in each market, in effect, locally.

Fintech 101

Fintech Survey Regulation Resources 101

American Banker

OCTOBER 26, 2016

The Japanese banking giant Mitsubishi UFJ Financial Group has launched a new aviation finance business in the Americas and has named aircraft finance veteran Olivier Trauchessec managing director of the unit.

New York 28

New York America Groups Management 28

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Benson Porter, Boeing Employees CreditUnion – Porter led BECU through an amazing streak of growth in the Pacific Northwest, all while building an innovative, stakeholder-driven brand respected nationally. The New Name for Community Award.

Community 216

Community Fintech Industry Innovation 216

American Banker

AUGUST 9, 2016

Wall Street Journal, New York Times … Barclays settles again: Barclays Bank agreed to pay $100 million to settle charges by 43 states and the District of Columbia that it tried to manipulate the London interbank offered rate thereby defrauding government entities and nonprofits out of millions of dollars.

District of Columbia 28

District of Columbia Lending New York Regional 28

PYMNTS

JUNE 25, 2020

At the same time, Sponholtz noted, consumers’ financial futures are looking less certain to them, as unemployment levels grow and the nation’s economic future looks increasingly precarious. .

Las Vegas 255

Las Vegas Miami San Diego San Francisco 255

American Banker

NOVEMBER 30, 2016

The decisions by JPMorgan Chase, Fifth Third and other banks to keep subprime auto lending in check look wise after new delinquency data from the New York Fed.

New York 28

New York Marketing Lending Data 28

PYMNTS

SEPTEMBER 22, 2017

Startup formation is fizzling, according to New York Times reports – and dragging down the rest of the economic landscape with them. That is related to, but slightly different from, the regulatory hurdles that new businesses face. The proof, according to economists, is in the numbers. We couldn’t agree more.

US 108

US Apple Innovation Regulation 108

Fintech Labs Insights

AUGUST 12, 2016

If unanimously positive perceptions are the hallmark of a bubble, then rest assured that the alt-lending market has moved past that stage. So if there’s no bubble in the alt-lending part of the fintech universe, should we fear a bust? Looking at the P2P lending market in the U.K., Other trending topics.

Trends 12

Trends Lending Fintech blockchain 12

American Banker

OCTOBER 20, 2016

Signature Bank in New York reported a sharp decline in quarterly profits after suffering steep losses on its Chicago portfolio of taxi medallion loans.

Chicago 28

Chicago New York Report Regional 28

American Banker

DECEMBER 6, 2016

Bank CEOs speaking in New York provided a long list of financial reforms that they would like to see under the incoming Trump administration. And that was only the beginning.

Taxes 28

Taxes New York Regional National 28

CB Insights

DECEMBER 4, 2019

We will be updating this brief on an ongoing basis as more relevant data, investments, news, and products are released. Amazon is notorious for spreading its bets before going all-in on a new product, and the financial services space is no exception. Today, 22 Amazon Go stores are live in Seattle, New York, San Francisco, and Chicago.

Cards 101

Cards Lending Strategy US 101

American Banker

AUGUST 12, 2016

State-sponsored green banks in New York and elsewhere provide a valuable service as "party planners" that bring developers and private lenders together on alternative energy projects.

New York 28

New York Regional National Lending 28

American Banker

DECEMBER 15, 2016

Capital Business Credit, a New York-based business finance company, has been acquired by a San Francisco-based lender.

San Francisco 28

San Francisco Capital New York Company 28

American Banker

APRIL 20, 2016

Signature Bank in New York reported record profits in the first quarter as strong loan, asset and deposit growth more than offset increased expenses and deterioration in its portfolio of taxi-medallion loans.

Report 28

Report New York Regional National 28

Gonzobanker

DECEMBER 20, 2019

Niche Payments Acquisition Award – Goes to City National Bank for its acquisition of FilmTrak. New York Community Bancorp selected Fiserv DNA. Regional bank CIOs will be watching closely to see if Fiserv can pull off its most complex conversion in years and finally challenge FIS IBS in the regional space.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on.

Utah 60

Utah System Community Marketing 60

CB Insights

APRIL 17, 2018

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. Operating Location: New York, NY. JEREMY LIEW.

San Francisco 71

San Francisco CA Capital Operations 71

Abrigo

JULY 22, 2022

Today’s cryptocurrency platforms also offer crypto-backed loans, allowing users to leverage their portfolios as loan collateral in a system similar to securities-based lending. Be sure that your initial notification to the regional director describes in detail your institution’s proposed timeline for engaging in crypto-related activity.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

PYMNTS

DECEMBER 11, 2017

But why then, you might ask, are so many pure-play eTailers, whose target audience is the millennial — like The RealReal and Rent The Runway , new marketplaces like OfferUp , deal aggregators like Groupon , alt lenders like SoFi and alt lending platforms like LendingTree — buying pricey blocks of airtime on CNN and CNBC to promote their brands?

Millennials 109

Millennials Video Maine Operations 109

PYMNTS

OCTOBER 14, 2016

Uber pulled the plug on the New York version back in April. Since launching Instant Delivery, UberEATS has significantly expanded from allowing people in downtown to pick four to five meals during the lunch hour to offering thousands of items at all hours of the day and throughout the Puget Sound region.

Apple 100

Apple Course Samsung San Francisco 100

PYMNTS

AUGUST 12, 2019

And yet, beyond the patch quilt of states that have accepted marijuana sales, such transactions are illegal on a national level. High-cost payroll loans are scrutinized closely in New York, and this investigation will help determine whether these payroll advance practices are usurious and harming consumers,” Lacewell said in a statement.

Puerto Rico 128

Puerto Rico New Hampshire New York Regulation 128

CB Insights

OCTOBER 31, 2017

We are confident that to truly have the long-term impact we want to make, we need to focus on finding an acquirer with an existing national fresh food supply chain who can carry forward the Juicero mission. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. Product: BTCJam.

Company 78

Company US San Francisco Capital 78

PYMNTS

AUGUST 14, 2017

As was noted late last month in the New York Post , Republican Rep. The effects have been felt keenly by community banks and regional banks, said the attorney, and expenses have been onerous, even though those smaller outfits did not engage in the same risky lending and trading activities that larger firms embraced.

Fintech 100

Fintech Regulation United States Lending 100

PYMNTS

MARCH 9, 2018

As The New York Times reported Thursday, some exemptions would be in the works. The administration backtracked a bit further, and The New York Times stated that other factors would be taken into consideration, as noted by Wilbur Ross, commerce secretary. It’s not the conventional definition of national security.”.

New York 101

New York Cleveland Security National 101