Remove 2014 Remove Fintech Remove Lending Remove Risk Management
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Alt-Lending Regulation Fears Won’t Stop Investors

PYMNTS

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending.

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The Future of Noninterest Income at Financial Institutions

Abrigo

Financial institutions generate most of their income by lending and investment activities. million customers over "deceptive" overdraft enrollment practices between 2014 and 2018, Banking Dive noted in a recent article about growth in overdraft fees. Drive growth with integrated risk management. Portfolio Risk & CECL.

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PayU Investment in Kreditech Marks Largest Funding for a German Fintech

Fintech Labs Insights

The investment is the largest equity investment in a German fintech company to date. Kreditech CEO Alexander Graubner-MĂĽller said his company was looking forward to bringing “point-of-sale finance” to markets where “reliable credit risk assessment” is lacking. .” This week’s funding adds to the $10.4

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Fintech Fundings: 11 Companies Raise $960 Million Week Ending May 7

Fintech Labs Insights

It’s another unicorn week in fintech, although “only” $750 million of the nearly $1 billion in new funding was equity. Affirm’s $275 million round was rumored to include about $200 million in debt to fund it’s alt-lending efforts. Alt-lending at the point-of-sale. Source: Crunchbase. Real Matters.

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2020 GonzoBanker Awards

Gonzobanker

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations. The Experience Award Goes to BCU , Chicago. THE VENDOR AWARDS.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

billion, which would have been a record year anytime before 2014. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace small business lending platform. Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum. 29 companies raise $1.2

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Experian Receives Green Light from the FCA in the U.K.

Fintech Labs Insights

Experian said that the year-long authorization process has helped it to “stress-test [its] risk management structures and the plans [it has] in place to ensure fair outcomes for [its] customers.” Financial Conduct Authority became responsible for regulating consumer credit agencies in 2014. Peer-to-peer lending.