PYMNTS

JUNE 21, 2019

Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The amount of the raise wasn’t disclosed, but Dianrong was reportedly trying to raise $100 million so that it had enough to satisfy China’s capital requirement — $74.5 The company is known as the “lending club of China.”

Lending 100

Lending Capital Maine Groups 100

Abrigo

OCTOBER 3, 2014

Thomas focused on three key issues directly affecting the present and future of the accounting industry – increased regulations, a shifting workforce, and changing continuing education – as well as some thoughts on the opportunities these challenges offer.

New Jersey 270

New Jersey social media Industry Regulation 270

PYMNTS

SEPTEMBER 20, 2018

In May it reprimanded the bank and told it to set aside $800 million in capital to cover any potential risks from the scandal. The regulator was prompted to reopen the investigation after Danske Bank said this week that employees of its Estonian branch didn’t conduct basic background checks on customers who lived outside the country. .

Regulation 122

Regulation Compliance Capital Report 122

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . This article is substantially updated from a 2013 blog post. It also monitors compliance with applicable regulations and laws. Identifying Credit Weaknesses.

System 195

System Lending Policies Regulation 195

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. The OCC did an excellent analysis of the impact of this guidance in 2013. Anxiety, anxiety, anxiety. Last December, Astoria Financial Corp.

Lending 60

Lending Regulation Community Community Bank 60

Abrigo

AUGUST 10, 2015

In the same way, financial institutions conducting stress tests to satisfy prudential regulators’ queries on reserves and capital can generate additional benefits from this process, according to Elizabeth Williams, managing director of financial consulting firm CEIS Review Inc. Incorporate into capital-planning process.

Risk Management 150

Risk Management Exercises Capital Regulation 150

Independent Banker

OCTOBER 31, 2021

October 2013. December 2013. Regulators implement ICBA-supported three-year transition. The standard allowance for loan and lease losses (ALLL) used to account for those losses didn’t offer a timely way to adjust regulatory capital. April 2011. ICBA tells FASB CECL isn’t feasible for community banks. December 2011.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

JUNE 15, 2018

In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds.

Fintech 115

Fintech Compliance Software Taxes 115

Independent Banker

FEBRUARY 28, 2023

Derek Williams and fellow Georgia community bankers at the 2013 ICBA Washington Policy Summit, now the Capital Summit. where he stayed for 15 years, from 1998 to 2013. We lost 90-plus banks to failure in between 2008 and 2013. He achieved it at 34 years old at First Peoples Bank in Pine Mountain, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

DECEMBER 19, 2018

For small- and medium-sized businesses (SMBs) in need of capital, bank loans are undoubtedly the first place they look. For smaller companies that have traditionally relied on bank loans, private equity and venture capital funding, it links them to another source of capital.

Marketing 134

Marketing Capital Security Trends 134

PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Because they’re not regulated, the items can pose health and safety risks for consumers, particularly for food and medical items.

Fraud 101

Fraud Innovation Technology Mobile 101

PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Because they’re not regulated, the items can pose health and safety risks for consumers, particularly for food and medical items.

Fraud 101

Fraud Innovation Technology Mobile 101

PYMNTS

AUGUST 24, 2018

The site Baltic-course.com noted that the two new co-owners put two million Euros in the bank to boost its capital position. million of promissory notes the company says it issued between January 2013 and November 2013,” according to the site. The bank ranked 23rd in the state as measured by assets at the end of last year.

Colorado 101

Colorado Leadership Fintech Operations 101

Jack Henry

JUNE 3, 2015

increase in funded balances from 2013. During a year that saw a return to commercial real estate lending for many, working capital lines were also clearly a factor. This trend was recognized by regulators as the OCC distributed new guidance for management of asset based lines, recognizing that banks are doing more in this arena.

Lending 60

Lending Capital Survey Trends 60

CFPB Monitor

AUGUST 1, 2022

The CFPB announced last week that it has entered into a settlement with Hyundai Capital America (Hyundai) to resolve alleged violations of the Fair Credit Reporting Act and Regulation V arising from Hyundai’s reporting of information on vehicle retail installment contracts and leases to consumer reporting agencies (CRAs) from 2016 to 2020.

Policies 78

Policies Report System Regulation 78

PYMNTS

OCTOBER 8, 2018

Instead, they are drawing fines from regulators and taking on massive damages. They are highly sophisticated, well-capitalized crime rings that are recruiting Ivy League talent to think of new approaches to get around the rules most systems are using to screen for fraud. New Technology For Regulators.

Fraud 190

Fraud Regulation Compliance System 190

BankUnderground

NOVEMBER 27, 2020

In a recent paper , we shed new light on the consequences of this type of regulation by examining the recent UK ‘ring-fencing’ legislation. Our results indicate that ring-fencing encourages UK banks subject to the reform to rebalance their activities towards retail lending and away from capital markets.

Lending 109

Lending Retail Groups Maine 109

Abrigo

JANUARY 13, 2015

Target’s late 2013 breach is among the largest in recent memory, affecting over 70 million individuals. She also mentioned that the NCUA’s intention is not to over regulate, but rather to figure out how to enhance levels of protection.

Lending 150

Lending Regulation Data How To 150

PYMNTS

DECEMBER 10, 2018

Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach.

Branding 184

Branding Cards Payments New Jersey 184

BankUnderground

JULY 6, 2022

Since 2009, contingent convertible (CoCo) bonds have become a popular instrument European banks use to partially meet their capital requirements. When LAM is triggered, the bonds convert to equity capital or have their principal written down, providing more loss-absorbing capacity while a bank is still a going concern.

Capital 76

Capital Analysis Policies Management 76

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. This metric surged from 2 percent as of June 30, 2013, to 4.4

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

PYMNTS

JANUARY 17, 2017

“It’s the golden age to be in the bitcoin market, because it’s imperfect,” said Zhou Shuoji , a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin hedge fund and venture capital fund. Chinese banks officially said no to bitcoin in 2013, and various capital control rules keep foreign presence small.

Bitcoin 100

Bitcoin Capital National Marketing 100

Abrigo

APRIL 1, 2015

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators.

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

SEPTEMBER 4, 2018

According to the Financial Times , complaints against Wonga’s lending practices, logged with regulators, were up 80 percent since that emergency injection. That was the same year that the regulator officially moved to cap payday loan interest rates and ban rollover loans. for that loan. It was required to pay £2.6

Lending 100

Lending Regulation Capital Report 100

Abrigo

JANUARY 5, 2015

According to the survey, 95 percent feel the current M&A environment is equally or more favorable than 2013. Respondents cited increases in the number of banks interested in selling, improved credit quality , improved stock valuations, more capital and a stronger economy among the top reasons why.

Survey 150

Survey Capital Marketing Maine 150

Jeff For Banks

AUGUST 2, 2021

1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. 4/ @Schornack In June 2013, Flagship Bank Minnesota had $94 million in assets and $62.8 In 2013, we had around $11.5MM in total 1-4 family loans, most of which were not investment properties. Jackie Herman, our COO 2013.

Community Bank 78

Community Bank Community Minnesota Metro 78

PYMNTS

MAY 13, 2016

Because he believes there should be proper protection and regulation over them. How Bill Clinton’s administration dealt with the Internet in order to ensure it was not over-regulated. The point: to ensure laws and regulation would not negatively impact innovation. To regulate bitcoin or not to regulate bitcoin.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

PYMNTS

NOVEMBER 20, 2018

Debt numbers have been on the incline for the last four years, presently sitting more than 21 percent above the low point hit in 2013. The WSJ noted that 33 percent of Capital One’s domestic card balances are owed by consumers who are considered sub-prime. billion last quarter. 30 was the biggest jump since 2016.

Lending 188

Lending Trends Cards Capital 188

CB Insights

SEPTEMBER 22, 2017

Deals to regtech startups have increased steadily (if at times slowly) over the past few years, from 83 deals in 2013 to 147 last year. Using CB Insights data, we dug into deal and funding trends to regtech startups, 2013 – 2017 YTD (9/10/17). Startups are working to change how companies comply with regulation. RegTech Trends.

Compliance 46

Compliance Trends Software Capital 46

CFPB Monitor

APRIL 25, 2022

As in all prior years since the Bureau began accepting debt collection complaints in 2013, the most common complaint in 2021 was about attempts to collect a debt that the consumer claimed was not owed. In 2021, in AMG Capital Management , the U.S.

Report 141

Report Pennsylvania Resources Operations 141

PYMNTS

SEPTEMBER 23, 2016

The service, which exists in 34,000 cities world-wide, it has faced opposition from hoteliers, local governments and neighborhood associations over taxes and safety regulations. Airbnb’s newest strategic partner – Google Capital – was founded in 2013.

Google 100

Google Taxes Strategy Capital 100

PYMNTS

OCTOBER 13, 2016

which was added in 2013. “We Our focus has always been on user experience and for them to get capital in less than ten minutes. In a highly regulated sector, regulations are ever-evolving, which can implicate, limit and change relationships. Petralia remembers back to 2009 when the team was looking for a bank partnership.

Regulation 100

Regulation Lending US FDIC 100

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

Cards 131

Cards Technology social media Meeting 131

CB Insights

OCTOBER 23, 2017

This became closer to reality after Tencent’s online insurance agency WeMin Insurance Agency, was approved by China’s insurance regulator in October. Launched in 2013, Zhong An recently raised $1.5B Hillhouse Capital, Allianz. Hillhouse Capital, Aviva. Partner/Name. Description. Joint Venture. Partnership.

Industry 57

Industry Online Capital Comparison 57

BankUnderground

JANUARY 27, 2021

Banks active in the disaster area after hurricane Katrina hit, increased their capital ratios by reducing risk-weighted assets. Only stand-alone banks, especially those with already high capital ratios, behaved this way. Furthermore, banks are often encouraged by regulators to extend loans to borrowers affected by a natural disaster.

Lending 68

Lending Study Marketing Capital 68

PYMNTS

SEPTEMBER 23, 2016

The company raised $70 million in a capital round in 2013 that valued the company at $1 billion and has some big-name investors, including Napster Founder Sean Parker, PayPal Founder Peter Thiel and singer Bruno Mars. NJOY, one of the largest makers of e-cigarettes, filed for bankruptcy protection in Delaware federal court on Sept.

Las Vegas 100

Las Vegas Delaware Chicago New York 100

Jeff For Banks

APRIL 25, 2014

In 2013 there were 246 bank and thrift merger and acquisition deals announced, the highest number since 2007 when there were 318 deals. will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc.

Community 95

Community New York Indiana Connecticut 95