Independent Banker

FEBRUARY 24, 2016

A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Risk-management practices “that cause concern,” the regulators wrote, include “a greater number of underwriting policy exceptions and insufficient monitoring of market conditions.”.

Community Bank 70

Community Bank Lending Community Regulation 70

PYMNTS

APRIL 10, 2018

The statistic follows a push by government officials to promote lending to small businesses to drive economic growth and development, reports in FINSMES said last week. “When these constitute a sizable proportion of a company’s total annual turnover, their cash flow may be at risk.”.

Risk Management 123

Risk Management Analysis Survey Report 123

PYMNTS

MARCH 7, 2018

LendingPoint Merchant Solutions combines LoanHero’s merchant onboarding, program management and reporting technology with LendingPoint’s credit underwriting, risk management and customer service expertise. Since its founding in 2014, LendingPoint has issued nearly $500 million in consumer loans to more than 70,000 borrowers.

Retail 100

Retail San Diego Georgia Risk Management 100

Abrigo

DECEMBER 30, 2019

One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. This is a must-have risk management concept. These actions are public, so the reputational and strategic risks are real.

Training 195

Training Compliance Leadership Fraud 195

Independent Banker

SEPTEMBER 25, 2014

Be aware of existing or emerging risk concerns. increased operational risks. Implicit in managing operational risk is for banks to continue to maintain adequate capital and a solid balance sheet, he says. It’s not just about looking at the returns but having the due diligence and risk management folks involved.”.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

MAY 2, 2016

We ignite prosperity in all the communities we serve through community reinvestment, lending to local businesses, and providing educational opportunities for the community and our employees. At The Bank of Tioga, we preserve the local touch and serve our clients and communities well.

North Dakota 70

North Dakota Community Bank Community Risk Management 70

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. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

MAY 24, 2016

Direct payments made to farmers disappeared with the 2014 farm bill. This leaves federal crop insurance support as a key risk-management tool. It’s a crucial risk-management tool” for 1.7 million farms and the community banks that lend to them each growing season, Scanlan points out.

Community Bank 70

Community Bank Kansas City Community Iowa 70

CFPB Monitor

AUGUST 22, 2016

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.” ”

San Antonio 60

San Antonio Kansas City Groups CA 60

Abrigo

NOVEMBER 10, 2020

Key Takeaways FinCEN has issued a new advisory in identifying and reporting human trafficking, supplementing its 2014 guidance. In addition to the original 10 red flags in the 2014 guidance, FinCEN identified 10 more indicators FinCEN noted ten behavioral indicators FIs should be aware of. Lending & Credit Risk.

Lending 329

Lending Risk Management Report Management 329

Fintech Labs Insights

FEBRUARY 12, 2016

Mitek to combine its Mobile Verify solution with fraud prevention and risk management technology from IdentityMind Global. Lending Club reports second quarterly profit since going public in December 2014. Around the web: Popular Community Bank and Oriental Bank to deploy Cardless Cash, mobile banking technology from FIS.

Risk Management 12

Risk Management Community Bank Lending Fraud 12

Jeff For Banks

JUNE 2, 2023

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. The old borrow short, lend long strategy. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78

FDIC Community Bank Regulation Lending 78

Gonzobanker

DECEMBER 22, 2020

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.

Idaho 181

Idaho Community Industry Strategy 181

Gonzobanker

DECEMBER 22, 2014

It’s time for the 2014 GonzoBanker Awards! Beyond the six-pack-a-day Excel dependency in commercial lending, don’t forget the sticky note and file folder chasers, not to mention redundant data pummeled into a bruised doc engine. Last year, we gave Salesforce the Big Buzz award and it moved well beyond that in 2014. Rock powah!

Los Angeles 101

Los Angeles Apple Risk Management California 101

Fintech Labs Insights

MARCH 1, 2017

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.

Risk Management 12

Risk Management Lending Tools Regulation 12

FICO

NOVEMBER 22, 2018

This shift towards a more risky profile among those recently granted credit highlights the importance of careful risk monitoring of this population. Regular review of monitoring reports helps lenders identify if a particular tranche of business is shifting risk and merits proactive risk management.

Management 45

Management Analysis Strategy Trends 45

Fintech Labs Insights

JULY 7, 2016

Auto lending loan origination service (LOS) provider defi SOLUTIONS will soon offer lenders a full-service analytics and reporting platform. And courtesy of a partnership with Integrated Fintech, defi ANALYTICS will provide lenders with risk management and strategic consulting, as well.

Analytics 16

Analytics San Jose Report Texas 16

Independent Banker

SEPTEMBER 26, 2014

Even though the industry identified several major regulatory burdens, including those posed by the Truth in Lending Act and the Home Mortgage Disclosure Act, few substantive regulations were repealed. Many community bankers concluded that the EGRPRA is little more than a “check the box” process for regulators. Starting fresh. in Lowell, Mass.;

Washington 70

Washington Fort Worth Regulation Community Bank 70

Fintech Labs Insights

MAY 10, 2017

” Pictured (left to right): Co-founders Sebastian Diemer and Alexander Graubner-Müller demonstrating Kreditech’s platform at FinovateSpring 2014. These include loan application and credit risk management products, e-signature and customer service, loan refinancing, processing, and collections.

Fintech 15

Fintech Risk Management Technology Online 15

Fintech Labs Insights

MAY 7, 2015

Affirm’s $275 million round was rumored to include about $200 million in debt to fund it’s alt-lending efforts. Assuming it hasn’t slipped, Square still holds claim to #1 with a $6 billion valuation (October 2014). Trizic ($3 million) a new wealth management platform provider. Source: Crunchbase.

San Francisco 12

San Francisco New York City Company Fintech 12

Fintech Labs Insights

JANUARY 18, 2016

The year continues its blistering pace with 28 companies worldwide raising new funds this week, the biggest number since we began tracking in July 2014. Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. million ($1.5

Company 12

Company New York City Fintech San Francisco 12

Tefkin

MAY 5, 2014

Marc Andreessen (@pmarca) February 9, 2014. In parallel, you will want to deploy your customers’ deposits in money-making investments with risk profiles compatible with your capital requirements. Either you run your own lending / investment business which adds further complexity or you look for partners to deploy.

Software 28

Software Capital Lending Examples 28

Fintech Labs Insights

MAY 19, 2016

billion, which would have been a record year anytime before 2014. Marketplace small business lending platform. Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum. That brought the total raised in April to $7.3 billion week ending April 22. million ($5.82

San Francisco 18

San Francisco Company Fintech California 18

Fintech Labs Insights

NOVEMBER 18, 2015

” In the Readers’ Choice competition, Temenos won “Best Core Banking Product/Service,” FIS won the “Best Payments Product/Service” category with its Clear2Pay , and Misys won the “Best Risk Management Product/Service” category for its FusionRisk Credit solution.

Technology 12

Technology San Francisco Fintech Risk Management 12

Abrigo

NOVEMBER 29, 2021

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.

Community Bank 195

Community Bank Community FDIC Trends 195

Perficient

MAY 17, 2022

million vehicles from the average of 17 million vehicles each year since 2014. And if all this wasn’t enough to keep a credit risk manager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought. Sales increased 3.1%

Strategy 294

Strategy Customer Experience Study Technology 294

CB Insights

OCTOBER 4, 2018

As the financial affiliate of Chinese e-commerce giant Alibaba Group , Ant Financial encapsulates a fintech ecosystem that starts with its dominant mobile payments service, Alipay, and expands into credit scoring, wealth management, insurance, and lending. Wealth management. get the entire 54-page ant financial report.

US 78

US Fintech Mobile Regulation 78

Jeff For Banks

FEBRUARY 3, 2017

Bank lending has not been the catalyst it used to be for improved growth in this recovery compared to prior ones; maybe we can point at regulation after regulation being forced onto banks and higher, more restrictive capital requirements. If bank regulations are lifted, lending and thus growth can improve. Thanks for reading!

Marketing 60

Marketing Taxes Regulation US 60

CFPB Monitor

JANUARY 14, 2021

The OCC eliminated this criterion from the final rule “[t]o focus the rule on the fairness of the covered banks’ decision-making processes and utilization of prudent risk management principles, as well as to facilitate the OCC’s administration of this rule.”.

Handbook 78

Handbook Risk Management Examples Industry 78