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Vancouver Finally Approves Uber And Lyft

PYMNTS

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports. . 23), the city finally acquiesced and both Uber and Lyft are now allowed to operate in the city. . “We The applications for Uber to operate were opened in September of last year. .

Metro 130
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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

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

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. Last week, money transfer company B2B Pay said it plans to become a regulated financial institution and is raising money to pursue licensure.

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Small banks: Big challenges and big opportunities

Abrigo

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Abrigo’s Loan Origination Software can help you streamline origination and ongoing customer management.

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . Founded in 2013, Nubank currently claims 8.5 But before partaking in blockchain bacchanal …. While Nubank is far from a household name in the U.S.,

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Washington Watch

Independent Banker

As advocated by ICBA, the CFPB proposed rule released in January 2013 structured the qualified mortgage with legal safe harbor protections for some loans. It also promised to provide qualified mortgage status to balloon loans originated and held in portfolio by “small creditors” operating predominantly in rural or underserved areas.

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Washington Watch

Independent Banker

As advocated by ICBA, the CFPB proposed rule released in January 2013 structured the qualified mortgage with legal safe harbor protections for some loans. It also promised to provide qualified mortgage status to balloon loans originated and held in portfolio by “small creditors” operating predominantly in rural or underserved areas.