Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Lending & Credit Risk. keep me informed. Whitepaper. Asset/Liability.

Community 195

Community Lending Maine Resources 195

PYMNTS

MARCH 5, 2019

Chime said proceeds from the funding will go toward growing the business and launching additional lending and credit products. Chime noted in its press release that it began March with more than three million FDIC bank accounts. The company also plans to double its size to more than 200 employees and expand its leadership team.

Capital 116

Capital San Francisco FDIC Leadership 116

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Look at technology companies.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

OCTOBER 13, 2016

Kabbage is a data and technology platform that enables real-time lending. which was added in 2013. “We We started the company initially to provide small business loans to eBay sellers through a real-time technology platform,” says Petralia. The goal of all that money is, of course, to lend to small business owners.

Regulation 100

Regulation Lending US FDIC 100

CFPB Monitor

AUGUST 8, 2019

The results showed that Upstart’s model using alternative data and machine learning approved 27% more applications than a traditional lending model and yielded 16% lower average APRs. The CFPB, in its July 2019 fair lending report, discussed supervisory reviews of alternative credit scoring models.

Data 60

Data Lending Compliance Policies 60

PYMNTS

JULY 15, 2016

But when it comes to a tactic that plays rope-a-dope with the facts about something, say as serious as whether or not China hacked into the FDIC, then it is not at all cool. Top as in the very top: the FDIC chairman, his chief of staff, and the General Counsel. Lending Club Algorithms . Really, since when?).

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135