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FICO Changes Reporting Data

PYMNTS

Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports.

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Can FinTech Walk The FinTalk?

PYMNTS

In this world, the only things certain are death and taxes. Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Honesty is the best policy.

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Advocacy at the Grassroots: A Lively Legislature

Independent Banker

We also have been playing what has become an annual game of intense defense—opposing a number of proposals that would enhance and expand the fields of membership and powers of tax-exempt credit unions. From 1992 to 2011, the total shrunk from 299 to 169 institutions, and the trend has not dissipated.) 3616 and A. 4785 and A.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Stripe Connect and billing services help companies manage marketplaces, subscriptions. Business lending and corporate cards. Payments companies assumed risk for losses associated with chargebacks, fraud, KYC, or AML, while also providing support, dispute management, and reporting. Online and offline payments. Source: Finix.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Indeed, banks generally pull back on lending if longer-term loan rates are less than their cost of funds, which are generally based on shorter-term rates. The Outlook All indications are that GDP growth is slowing, reverting back to its “new normal” range than has been in place since 2011 of 2.0% and lower in 2020. Thanks for reading!

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Guest Post: 3rd Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Rates have fallen to incredible lows; Pimco, a large money manager, has referred to them as “Eisenhower” lows because they were prevalent in the 1950s. The Federal Reserve will keep the short term Fed Funds rate at 0% to 0.25% well into 2011 and likely into 2012. What are the Markets Thinking? Thanks for reading!

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: October 2011. With Apotheker fired in 2011 for a slew of missteps that had contributed to the company’s massive losses, nothing ever came of the acquisition. Date: August 15, 2011. in losses, declare bankruptcy at Westinghouse, and eventually to sell the Westinghouse unit to Brookfield Asset Management.

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