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Study: US Housing Market Slows Down As Homeowners Stay Put Longer

PYMNTS

New analysis by Redfin found that homeowners around the country are typically staying in their homes for 13 years, five years longer than they did in 2010. “If In Salt Lake City, where the median home tenure is the highest, the number of homes for sale has declined 59 percent from 2010 to 2019. “I

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FinovateSpring Sneak Peek: Payment Data Systems/ Akimbo

Fintech Labs Insights

Presenter: Houston Frost, SVP, Prepaid Products. Houston co-founded Akimbo in 2010, which sold to Payment Data Systems in 2014. Why it’s great: Deliver gifts, rewards and promotions instantly with a virtual Gift MasterCard delivered by email or text that can be used online and with mobile wallets.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

39,600 $587 7 Credit Sesame 1196 2010 SF 5,730,000 $172 8 Marcus (Goldman Sachs) 1149 2017 Salt Lake City 5,670,000 $0 9 Monzo 1089 2015 London 3,390,000 $1,100 10 MoneyLion 873 2013 NYC 1,260,000 4.6 197,000 $1,700 2 Robinhood 6080 2013 SF 17,190,000 $6,200 3 SoFi 4017 2011 SF 13,080,000 4.6 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3%

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Academics challenge data used in CFPB auto title loan report

CFPB Monitor

million single-payment auto title loans made to over 400,000 borrowers in ten states from 2010 through 2013. In its article, the American Banker reports that Jim Hawkins, an associate law professor at the University of Houston Law Center, found that some states report far lower repossession rates than those used by the CFPB.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

She explains the bank has focused on serving New Haven’s underbanked community since it was launched in 2010 after a mutual savings bank in town went public and was absorbed by a larger institution. We’ve really developed a sweet spot.”. United Bank of Philadelphia. Philadelphia. PeopleFirst Bank. CapTex Bank, National Association.

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Founded: 2010. Originally founded as Sun Microsystems Laboratories, it was rebranded Oracle Labs after their acquisition in 2010. They’ve also got six foundry labs located around the world: Atlanta, Houston, Palo Alto, Plano, and Israel. Founded: 2010. Founded: 2010. Innovation Lab Name: X. Founded: 2013.