PYMNTS

JULY 16, 2019

billion in the quarter that closed out 2018. On the lending front, the bank’s loan balances as Q2 came to a close came in at $949.9 billion from the first quarter with increased activity in real estate, credit card and automobile lending all pushing growth. Profit was up 19 percent to $6.2 billion in the first quarter and $5.2

Lending 100

Lending Leadership Trends Report 100

CFPB Monitor

OCTOBER 18, 2018

On October 17, the Bureau released its Fall 2018 Rulemaking Agenda , but it included a surprise for those interested in fair lending. prevent the Bureau from applying any different standard for disparate impact retroactively upon a change in leadership at the agency.

Leadership 74

Leadership Lending Regulation Community 74

CFPB Monitor

DECEMBER 22, 2016

Earlier this week, we blogged about reports that Director Cordray has no plans to leave the CFPB before his term expires in July 2018. ” The groups are the Leadership Conference on Civil and Human Rights, NAACP, National Council of La Raza, and National Urban League. ” .”

Groups 60

Groups Leadership Community National 60

Bobsguide

OCTOBER 4, 2022

In 2018 we declared that the future of finance is open. The encouraging research findings coincide with the launch of season two on Finastra Universe TV – a new series of on-demand digital thought leadership videos exploring this world of open finance.

Leadership 68

Leadership Innovation Industry Capital 68

PYMNTS

FEBRUARY 19, 2019

months in the first half of 2018, from 5.6 The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said. months in the first half of 2017. “The loss of the branch often meant more than the loss of access to financial services.

Marketing 108

Marketing Community Community Bank Industry 108

Jeff For Banks

DECEMBER 10, 2023

I also filtered for anomalies such as recent merger announcements as a seller, turnaround situations (losses suffered from 2018 forward), mutual-to-stock conversions, and penny stocks. Holding was elected Chairman and President of First-Citizens Bank & Trust, a family legacy of leadership that lasts to this day. NasdaqGS: FCNC.A)

Fresno 101

Fresno North Carolina Raleigh FDIC 101

PYMNTS

MARCH 18, 2019

Accordingly, we believe any federal proposal relating to the collection, use and protection of consumer data must preserve the role for state leadership in the areas of data privacy, security and control.”. He pointed to the recent enactment of the California Consumer Privacy Act of 2018 as an example. Here’s a mortgage analogy.

California 122

California Data Security Regulation 122

CFPB Monitor

AUGUST 13, 2018

In May 2018, the OCC issued a bulletin setting forth core lending principles and policies and practices for short-term, small-dollar installment lending by national banks, federal savings banks, and federal branches and agencies of foreign banks and encouraging banks to engage in such lending.).

FDIC 68

FDIC Community Lending Guidelines 68

Gonzobanker

FEBRUARY 20, 2021

Additionally, the platform can be extended to include point of sale (POS) modules for consumer lending (credit card, loans and mortgages) and small business/commercial lending offerings. The account origination and lending POS solutions are made available through the digital, branch and contact center channels.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

Gonzobanker

JANUARY 29, 2018

According to recent research What’s Going On In Banking 2018, 64% of mid-size bank and credit union executives don’t believe their marketing strategies are future ready. This is consistent with research on technology priorities in What’s Going On In Banking 2018 and what I’m seeing in our advisory work. That’s lame delivery.

Analytics 103

Analytics Resources Strategy Marketing Strategies 103

CB Insights

FEBRUARY 13, 2020

Leadership and board members. Business lending and corporate cards. Square has since expanded its offerings to standalone, integrated point-of-sale terminals, as well as a broader ecosystem of applications and services such as lending (Square Capital), payroll services (Square Payroll), and rewards (Square Loyalty).

Online 98

Online Company Retail Payments 98

FICO

NOVEMBER 29, 2018

Small business credit access grew in 2018 and with modifications to the Small Business Administration (SBA) rules for more streamlined processing, access is predicted to grow. Small business lending was strong in 2018 and pro small business growth policies have been conducive to that growth.

Community 67

Community Community Bank Policies Leadership 67

CFPB Monitor

SEPTEMBER 11, 2018

The CFPB’s newly-released Summer 2018 edition of Supervisory Highlights represents the CFPB’s first Supervisory Highlights report covering supervisory activities conducted under Acting Director Mick Mulvaney’s leadership. On October 10, 2018, from 12 p.m. On October 10, 2018, from 12 p.m. Payday/title lending.

Lending 68

Lending Policies Compliance Cards 68

William Mills

APRIL 20, 2017

Tony Garritano from Progress in Lending held an Innovations Awards event at the London House which showcased seven companies in the mortgage industry that are leading the way in compliance, eClosings, appraisals and information management. Our client, Docutech , launched Solex, their eSign platform.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

Gonzobanker

DECEMBER 19, 2017

BNC shareholders got a terrific premium, a 47% dividend increase, and a continued leadership role for Richard D. Here’s hoping a final remodel of the stage coach occurs in 2018. The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club?

Conference 91

Conference Industry Community Bank Community 91

Lex Sokolin

SEPTEMBER 19, 2019

In Europe, over $10 billion could be invested this year, doubling that of 2018 and driven by the sector’s leadership in integrated digital banking (e.g., That’s partly due to the Ant Financial outlier last year, partly due to the collapse of the P2P digital lending industry, and partly (I think) due to the rise of crypto assets (e.g.,

Fintech 40

Fintech Lending United States Data 40

CFPB Monitor

DECEMBER 13, 2018

The CFPB has issued a new annual report covering its fair lending activities during 2017. Since Mick Mulvaney did not become Acting Director until the end of November 2017, the fair lending activities described in the report largely took place under former Director Cordray’s leadership.

Lending 92

Lending Report Regulation Leadership 92

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 172

Idaho Community Industry Strategy 172

Gonzobanker

SEPTEMBER 10, 2019

While the Commerce implementation is still in progress, signings of Varo Bank and PayPal followed as well as the 2018 acquisition of high-end origination provider Avoka. This third U.S. launch effort appears to be on a solid pace. This third U.S. launch effort appears to be on a solid pace. In this round, U.S.

United States 88

United States Texas Austin Kansas City 88

CFPB Monitor

JUNE 17, 2021

In 2018, under the leadership of former Acting Director Mulvaney, the CFPB stopped examining its supervised institutions for MLA compliance on the ground that it did not have the requisite statutory authority. Mr. Uejio’s views are reflected in the CFPB’s press release announcing the change in position on the CFPB’s MLA authority.

Compliance 78

Compliance Lending Leadership Analysis 78

CFPB Monitor

OCTOBER 3, 2022

The court noted the plaintiffs asserted “that HMDA data have been invaluable in ‘uncovering and addressing redlining, fair lending violations, and other inequitable lending practices’ over the decades.” For 2018, a CFPB report indicates that there were 10.3 Additionally, a number of the new data reporting items are complex.

DC 78

DC Report District of Columbia Data 78

William Mills

MAY 9, 2018

Welcome to FinovateSpring 2018. A TON of really old technology is being used in mortgage lending. Fiserv is highly regarded for its leadership and innovation, and award-winning solutions for mobile and online banking, payments, risk management, data analytics and core account processing. Good job AI Foundry! See you then.

Security 40

Security Samsung Strategy San Jose 40

CFPB Monitor

OCTOBER 14, 2019

CFPB recently issued its Spring 2019 Semi-Annual Report to Congress covering the period October 1, 2018 through March 31, 2019. The report represents the CFPB’s second semi-annual report under Director Kraninger’s leadership. Such data includes the race, sex, and ethnicity of the principal owners of the business.

Report 60

Report Leadership Lending Training 60

CFPB Monitor

JUNE 23, 2022

The settlement highlights the need for companies to be mindful of fair lending risk when formulating their social media and other advertising plans. The lawsuit arose from an administrative complaint filed in 2018 by the Assistant Secretary for Fair Housing and Equal Opportunity with HUD alleging FHA violations by Facebook.

System 148

System Leadership social media Compliance 148

CFPB Monitor

FEBRUARY 2, 2021

In a blog post published on January 28, 2021 sharing a statement sent to CFPB staff, Acting Director David Uejio announced several new priorities for the CFPB’s Supervision, Enforcement and Fair Lending Division under the Biden Administration.

Compliance 78

Compliance Leadership Lending Analysis 78

CB Insights

OCTOBER 29, 2018

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. Sears declared bankruptcy in October 2018. But leadership changes quickly created issues for the merged company. ” 11.

Google 76

Google Software Innovation Company 76

CFPB Monitor

DECEMBER 15, 2020

It represents the CFPB’s fourth rulemaking agenda under Director Kraninger’s leadership. Other items listed in the agenda on which the CFPB expects to take action before the end of this year and next year include: Business Lending Data (Regulation B). The Bureau released the panel report today.

Policies 78

Policies Regulation Data Lending 78

William Mills

JULY 19, 2018

While many of the industry’s premier conferences have come and gone, there are still many more to look forward to for the rest of 2018. The 2018 Bank Customer Experience Summit , Sept. focuses on the banking experience of the future, from innovation to leadership development. 5-7, Five Star Conference and Expo in Dallas on Sept.

Conference 42

Conference San Diego Dallas San Francisco 42

Gonzobanker

DECEMBER 20, 2018

GonzoBankers, 2018 has been a troublesome year. about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

Fintech 102

Fintech Conference Innovation Community 102

PopularBank

JUNE 17, 2020

Diverse Small Business Lending Activity Will Remain Robust for the Rest of 2020. Low interest rates and ongoing housing demands will encourage commercial real estate (CRE) lending for the rest of the year. We are seeing an early, but significant, uptick in small business and economic momentum throughout the area. percent.

Florida 52

Florida Community Miami Lending 52

CFPB Monitor

JUNE 16, 2021

Specifically, the report examines how the CFPB has (i) managed the reorganization of its Office of Fair Lending and Equal Opportunity and related risks during 2018, (ii) monitored and reported on its fair lending performance, and (iii) used new HMDA data fields to analyze and support its fair lending activities.

Lending 78

Lending Report Data Policies 78

CB Insights

MAY 23, 2019

After a comprehensive investigation by the Securities and Exchange Commission, Holmes was banned from the laboratory testing industry for two years and was ultimately charged with wire fraud by the Department of Justice in summer 2018. In September, Theranos informed investors of its intentions to formally shut down. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

Gonzobanker

FEBRUARY 7, 2018

Imagine one big party of more than 1,000 larger bank acquirers, smaller bank potential sellers, salivating investment bankers, and pen-in-hand attorneys full of big grins and big plans for 2018. 2018 Strategies for Bank Execs. The post Acquire or Be Acquired 2018: Breaks, Bulls and Business Models appeared first on Gonzobanker.

Taxes 75

Taxes Video Analytics Arkansas 75

CFPB Monitor

OCTOBER 11, 2021

In the CFPB’s Spring 2018 rulemaking agenda issued under the leadership of former Acting Director Mulvaney, the CFPB’s larger participant rulemaking was designated “inactive.” The agenda stated that the change in designation was “not intended to signal a substantive decision on the merits of the projects.”

Fintech 78

Fintech Lending Leadership Operations 78

CFPB Monitor

FEBRUARY 3, 2020

Graciela Aponte-Diaz, Director of Federal Campaigns, Center for Responsible Lending. The scheduled witnesses for Part One are: Monique Limón, Chair, Banking & Finance Committee, California State Assembly. Creola Johnson, Professor, The Ohio State University Moritz College of Law.

Ohio 78

Ohio Leadership Lending California 78

CFPB Monitor

FEBRUARY 26, 2019

The CFPB released its Fall 2018 Semi-Annual Report earlier this month. We also anticipate heavy criticism of the Bureau’s recent proposals regarding its payday lending rule. A Semi-Annual Review of the Consumer Financial Protection Bureau” scheduled for March 7, 2019.

Leadership 68

Leadership Lending Report 68

CFPB Monitor

FEBRUARY 14, 2019

A new executive order signed by President Trump on February 11, 2019 is intended to maintain American leadership in artificial intelligence (AI) research and development (R &D). The order directs certain federal agencies to pursue various strategic objectives to promote and protect American advancement in AI.

Lending 84

Lending Community National Leadership 84