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P2P lending makes it to main street?

Celent Banking

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. Banks are certainly not playing hide and seek with P2P lending. Regulation is an important issue for banks to get into P2P lending and depending the country, there may be restrictions.

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OCC warns about increasing credit risk

Abrigo

Banks, according to Comptroller of the Currency Thomas Curry, are starting to reach for additional growth by lending to less creditworthy borrowers, a move that increases risk to the institution. One area of credit risk that is concerning to the OCC is auto lending, which has been steadily growing in recent years.

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Where Biz Will — And Won’t — Take A Risk

PYMNTS

New data uncovers just how much money is lost due to these attacks, as well as how much money corporations plan to spend both on cloud security and Internet of Things security as the threat of cyberattacks continues to rise. Then, there is the risk of corporate lending. That value represents a 23.5 That represents a 23.7

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Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List

PYMNTS

Upserve is said to have a fancy, slick restaurant management algorithm that could help Square Capital refine its own fancy, slick risk management algorithm to make better lending decisions. Online Lending. After a one-week hiatus, Lending Club finds its way back onto the Fizzle list. Fizzle and fail.

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LendingClub Settles With SEC, DOJ

PYMNTS

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. lending marketplace. On Friday (Sept. Attorney Alex Tse. “We The Response.

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Hot Wheels

Independent Banker

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Todd Thompson.

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Hot Wheels

Independent Banker

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Todd Thompson.