PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

JULY 19, 2018

s TrueLayer has secured a new round of funding, while Lativa’s Robo.cash and LLP Zaymer are working together to provide an opportunity to invest in installment loans. LLP Zaymer is familiar with the market: It has worked on non-banking lending in Kazakhstan since 2015. “We teaming up to launch Razer Pay in Singapore.

Security 100

Security Lending US Payments 100

PYMNTS

MARCH 2, 2016

billion goodwill impairment charge tied to its consumer lending unit. And, in another bit of not-so-good news, the bank said that executives at the consumer lending unit have delayed filing the annual report mandated by the Securities and Exchange Commission, due to lingering concerns on how Santander Consumer USA Holdings Inc.

Lending 100

Lending US United States Company 100

CFPB Monitor

OCTOBER 4, 2022

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area).

New Jersey 147

New Jersey Lending Community National 147

PYMNTS

FEBRUARY 23, 2020

The operation will likely include savings and lending products, and it comes just two years after U.S. Since leaving that role in 2015, he has worked in other capacities for JPMorgan, chairing its international business between 2016 and 2019. bank Goldman Sachs launched a digital bank called Marcus in the U.K.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

PYMNTS

NOVEMBER 9, 2020

The FinTech lender Tide is scrambling to secure the funding necessary to offer BBL top-ups to its customers. Lending decisions under the bounce-back loan scheme are fully delegated to the accredited lenders. Tide was founded by banker George Bevis in 2015; London venture capitalist Eileen Burbidge serves as the bank's chair.

Fintech 177

Fintech Lending Digital Banking Capital 177

PYMNTS

JULY 28, 2016

alternative lending space is broad, with new entrants frequently stepping in. marketplace lending in the country hit £286.7 percent growth from June 2015, the third-largest monthly growth spurt recorded on the index. percent growth from June 2015, the third-largest monthly growth spurt recorded on the index. ”

Lending 100

Lending Survey Data Industry 100

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s no doubt about it: Alternative lending had a stellar week.

Lending 100

Lending US Capital Report 100

PYMNTS

SEPTEMBER 17, 2020

In 2015, LoanDepot announced on its blog that it intended to become a public company and filed Form S-1 with the U.S. Securities and Exchange Commission (SEC). The company has determined not to pursue a public offering of the securities covered by the registration statement at this time,” LoanDepot wrote in its filing.

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

FEBRUARY 3, 2020

A new British bank that will launch later in 2020 is aimed at securing funding for farmers, according to a report. The bank secured its license from the Bank of England’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). .

Security 198

Security Lending Community Regulation 198

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. Following a three-year study on predatory lending, the U.S. Department of Defense has now issued the final rule to implement the Military Lending Act. 1, 2015, and compliance with the rule is required by Oct. By Mary Thorson Wright.

Lending 70

Lending Compliance Regulation Virginia 70

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. FFIEC’s Cyber Security Self-Assessment Tool.

Community Bank 60

Community Bank Apple Community Technology 60

CFPB Monitor

DECEMBER 19, 2016

In a blog post published last Friday, Patrice Ficklin, Associate Director of the CFPB’s Office of Fair Lending, outlined the CFPB’s fair lending priorities for 2017. ” Although the CFPB entered into consent orders in 2015 and 2016 to settle claims of alleged redlining, by identifying redlining as a 2017 focus, Ms. .”

Lending 60

Lending Compliance Data Analysis 60

Celent Banking

JANUARY 22, 2015

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.

Maine 100

Maine Lending Regulation Risk Management 100

Abrigo

DECEMBER 1, 2020

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

PYMNTS

SEPTEMBER 5, 2019

Alternative lender Ultimate Finance is exiting the unsecured lending market in response to “market conditions,” according to the company. Reports also noted Ultimate Finance posted 200 percent growth since Tavistock Group acquired the company in 2015. Reports in Verdict.co.uk on Wednesday (Sept. 4) said the U.K.

Lending 101

Lending Strategy Capital US 101

PYMNTS

FEBRUARY 3, 2020

A new British bank that will launch later in 2020 is aimed at securing funding for farmers, according to a report. The bank secured its license from the Bank of England’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). .

Security 130

Security Lending Community Regulation 130

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

JULY 25, 2019

million of its customers exposed without password protection, according to Security Discovery reports this week. According to Security Discovery, anyone could access, edit, alter, delete or download the information without administrative credentials. A so-called “small finance” bank in India has reportedly left sensitive data on 2.6

Data 124

Data Security Lending Report 124

PYMNTS

JUNE 12, 2018

Days after Australian alternative lending platform Prospa delayed its Initial Public Offering (IPO) indefinitely, one of its bank partners, Westpac , announced it was ending its relationship with the FinTech. Westpac and Prospa first partnered in 2015 for their referral program. ”

Lending 100

Lending Fintech Security Regulation 100

ZootBlog

JUNE 8, 2016

In July 2015, the Department of Defense (DoD) passed major changes to the Military Lending Act (MLA) with target compliance dates of October 3, 2015 and October 3, 2017. The MLA’s overall goal is to prevent predatory lending against U.S. The 2017 date applies only to credit cards.

Lending 60

Lending Regulation Taxes Security 60

CFPB Monitor

APRIL 11, 2016

A number of prominent industry trade groups have written to the Department of Defense (DoD) seeking clarifications to the Military Lending Act (MLA) final rule adopted in July 2015 that dramatically expanded the scope of the MLA’s coverage.

Groups 60

Groups Lending Regulation Taxes 60

PYMNTS

MARCH 20, 2018

Alternative lending options, including debtor finance and P2P lending, offer SMEs the chance to fund growth without using property as security,” explained Scottish Pacific CEO Peter Langham in a statement. Last December, Tyro, a bank-FinTech hybrid, launched in Australia after it landed a banking license in 2015.

Fintech 118

Fintech Lending Survey Innovation 118

PYMNTS

MAY 2, 2016

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. Banks, it turns out, are willing to take on that risk.

Lending 100

Lending Security Fraud Regional 100

PYMNTS

SEPTEMBER 12, 2016

Alternative lending has been popular among venture capitalists, but France may not come to mind when one considers the top alt-fin markets of the world. The French alternative lending startup announced a $2.8 million investment round secured from NewAlpha Asset Management, reports said on Friday (Sept. million) raised.

Lending 100

Lending Analysis Capital National 100

PYMNTS

NOVEMBER 24, 2016

Since China launched an inquiry into Ezubao, an online lending platform, it has recovered more than $1.5 Reuters , citing the official Xinhua news agency, reported Beijing public security bureau disclosed the figure in terms of illegal assets. It was running for a year-and-a-half before being shut down in December 2015.

Lending 100

Lending Fraud Security Online 100

PYMNTS

AUGUST 21, 2017

BlueVine, which is an online lender that is focused on the small business market, raised funding last year and has secured a total of $188 million in venture capital funding since 2013. The executive noted that investors are looking at the “viability of the overall lending model” and what effect it will have on the weaker players.

Online 100

Online Lending Capital Compliance 100

PYMNTS

AUGUST 12, 2016

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. This could come as a welcome relief, as lending decisions will be based on data about the viability and success of the business, which helps everyone.

Lending 100

Lending Apple Cards Study 100

PYMNTS

OCTOBER 8, 2018

The amount was disclosed in the Annual Work Program, which had been devised by the European Securities and Market authority at the end of last month. Duff & Phelps, through its Global Enforcement Review, said at the end of last week that total penalties have climbed by 30 percent from 2015 to 2017, to $26.5

United States 174

United States Regulation cryptocurrency Cleveland 174

PYMNTS

MARCH 5, 2016

The Federal Reserve published the findings of its research on small business lending habits in the U.S. According to the Fed, 80 percent of SMEs that sought funding in 2015 received it, a 15 percent increase from 2014 levels. In addition to increased bank lending, revenue was up for the businesses surveyed.

Cleveland 100

Cleveland Lending Survey Online 100

Jeff For Banks

DECEMBER 19, 2015

The Company's residential mortgage division, headquartered in Atlanta, has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio. Please do not claim to invest in any security based on what you read here. Which is interesting because Coastal is headquartered in Beaufort, South Carolina.

North Dakota 60

North Dakota Arizona Michigan Florida 60

PYMNTS

OCTOBER 1, 2019

Consumer, enterprise and SMB lending all ground to a near halt and underwriters across the spectrum struggled to regain equilibrium after a crisis in mortgage underwriting bloomed into a plague that destabilized the entire global economic system. It wasn’t until late 2015 that the number of small businesses opened in the U.S.

Data 135

Data Lending Capital Regulation 135

PYMNTS

JANUARY 13, 2017

Funding Circle, announced that it secured $100 million in equity funding. Either way, Bloomberg noted that Funding Circle’s lending has grown by one-third since the referendum last June. The biggest online lender for small businesses in the U.K., s decision to exit the European Union was made last year.

Lending 100

Lending California Capital Online 100

PYMNTS

APRIL 5, 2019

After months of strategy adjustments, loan defaults and shifts in market exposure, Funding Circle’s SME Income Fund is set to close, sending shares down for the alternative lending company Friday (April 5). The fund launched in 2015 to finance Funding Circle loans on its marketplaces in the U.S., Germany and Netherlands.

Lending 100

Lending Report Strategy Capital 100

Fintech Labs Insights

AUGUST 6, 2015

Lending Club provided investors with plenty to think about in its Q2 2015 earnings conference call this week. Here are a few of the highlights from a second quarter that saw Lending Club reach $11.2 Cash, cash equivalents, and securities available for sale totaling $888 million. billion in total originations. Milestones.

Lending 12

Lending North Dakota Report Nebraska 12

PYMNTS

FEBRUARY 11, 2019

Beehive first launched in 2015 in the United Arab Emirates (UAE) to link SMBs to its marketplace lending solution. Last year, the Asia Securities Industry and Financial Markets Association began advocating for enhanced Know Your Customer (KYC) checks by urging regulators to welcome FinTech to support compliance efforts.

Fintech 109

Fintech Tools Customer Experience Regional 109

PYMNTS

MAY 7, 2018

Recent inquiries from regulators in the federal securities and commodities realms have centered on Ethereum. For Ethereum, the topics under scrutiny include a familiar debate: whether it is in fact a security and thus subject to oversight by the Securities and Exchange Commission (SEC).

Bitcoin 108

Bitcoin Regulation cryptocurrency Virginia 108