PYMNTS

JULY 13, 2018

Reports in Bloomberg on Thursday (July 12) said the junk bonds and leveraged loans market is worth $2.3 trillion, and competition is rising as regulators slowly ease restrictions on banks’ corporate lending practices. Bloomberg said less-regulated regulators saw sharp increases in their share of new U.S.

Marketing 100

Marketing Regulation Dallas Retail 100

PYMNTS

AUGUST 1, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. Australian regulators have been pressuring the nation’s top banks to improve their small business lending practices.

National 100

National Lending Capital Regulation 100

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019.

Lending 131

Lending Regulation Capital Industry 131

PYMNTS

FEBRUARY 7, 2019

The next chapter in the ongoing saga that is payday loan regulation officially began yesterday (Feb. 6), with the announcement that the Consumer Financial Protection Bureau (CFPB) will overhaul a series of 2017 payday loan regulations, set to go into effect in August 2019. The Tumultuous Response.

Lending 100

Lending Regulation Online Leadership 100

PYMNTS

APRIL 17, 2018

Interest rates plummeted as the Fed held the federal funds rate at zero in the hopes of stimulating lending in an environment where credit went from dangerously free-flowing to dangerously non-existent in the span of a few months. People are buying houses such that there is now a supply shortage in the market. economy.

Lending 137

Lending Examples America Metro 137

CFPB Monitor

JUNE 18, 2019

Last week, the FDIC published its Consumer Compliance Supervisory Highlights that provides observations about its consumer compliance supervision activities in 2018. Regulation E – Mistakes Made in the Consumer Liability/Error Resolution Process. The CFPB has frequently noted similar findings of Regulation E violations.).

FDIC 60

FDIC Compliance Regulation Training 60

PYMNTS

AUGUST 7, 2018

Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the competition into allies and upgrade their lending services without the burden of in-house R&D. However, the Federal Reserve ‘s latest analysis of the U.S.

Lending 100

Lending Survey National Trends 100

PYMNTS

JUNE 7, 2019

Reuters , citing the regulator, reported it found the negative impact on small business lending was short in nature, and that there is no need to change the rule. When the banks were required to increase their capital in 2010, they argued it would hurt their ability to keep up their lending pace. In January, the U.K.

Capital 108

Capital Lending Regulation Meeting 108

CB Insights

FEBRUARY 20, 2020

Social, political, and environmental pressures have made the LatAm market highly volatile. This has caused some investors to pull back in the region and challenged startups to raise funding from new investors, as illustrated further below by the number of unique investors and startups in the LatAm fintech market.

America 96

America Marketing Fintech Regional 96

PYMNTS

JUNE 4, 2019

Crowdfunding platforms, or peer-to-peer (P2P) lenders, are going to face tougher regulations in the U.K. The new rules will start in December, and are a response to the FCA forcing P2P lending platform Lendy into administration, which is when a company is insolvent and in trouble with creditors.

Lending 122

Lending Regulation Retail Marketing 122

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. Reports said Powell noted that looser community bank regulations may help keep branches open.

Marketing 108

Marketing Community Community Bank Industry 108

PYMNTS

FEBRUARY 2, 2021

We’re growing a market of people who have never bet before in Tennessee.”. While most people have played an office Super Bowl or March Madness pool, Hodges said that legal, regulated betting on sporting events has largely been a cash market enterprise that was the domain of black market bookies. Next Steps.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

NOVEMBER 20, 2018

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In 2016, the market experienced a pullback as lenders slowed or stalled sub-prime originations,” Komos said. Sub-prime issuing also ticked up 3.6

Lending 188

Lending Trends Cards Capital 188

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.

United States 174

United States Regulation cryptocurrency Cleveland 174

PYMNTS

DECEMBER 1, 2019

Launched in 2005, Zopa is considered one of the world’s first P2P lenders, lending almost £4 billion to consumers in the U.K. The move into digital banking would come as the FCA has reportedly been taking a closer look at P2P lenders, as well as proposing tougher regulations for the industry as a whole. “We -based fund, and its U.K.

Digital Banking 142

Digital Banking Capital Regulation Lending 142

PYMNTS

JUNE 7, 2019

Reuters , citing the regulator, reported it found that the negative impact it had on lending on small companies was short in nature and as a result, there is no need to now change the rule. When the banks were required to increase their capital back in 2010 they argued it would hurt their ability to keep up their lending pace.

Capital 100

Capital Lending Regulation Meeting 100

PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? Viewed from high levels, the activity itself (lending, that is), has taken off in some of the countries one might expect, marked by relatively higher incomes, and where financial regulation might be relatively less stringent.

Fintech 172

Fintech Lending United States Regulation 172

BankUnderground

FEBRUARY 5, 2021

Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. Negative liquidity shocks on the other hand constitute a tightening of financial conditions, reducing lending and real investment ( Bruno and Shin (2015) and Avdjiev et al (2018) ).

Marketing 98

Marketing Policies Study Tools 98

PYMNTS

AUGUST 29, 2017

As Australian regulators continue to press the nation’s largest banks for fairer small business lending practices, a new small- to medium-sized businesses (SMB) lending platform is headed for the market. The platform will eventually expand to offer asset finance and unsecured finance later in 2018, reports said.

Groups 109

Groups Lending Training Regulation 109

CFPB Monitor

JULY 6, 2021

Financial institutions were found to have violated Regulation E by: Failing to comply with provisional credit requirements for disputed transactions. Fair lending. CFPB examiners found widespread errors within 2018 HMDA loan application registers of several financial institutions.

Lending 78

Lending Report Regulation Analysis 78

PYMNTS

AUGUST 14, 2019

According to Australia’s Reserve Bank Assistant Governor Michele Bullock, SMBs are facing a tighter market in their search for working capital, and it’s wedging these businesses into consumer credit products. There is a “blurring in the line between lending to small business and personal credit,” she added.

Lending 122

Lending Cards FDIC Capital 122

CFPB Monitor

APRIL 5, 2017

On March 30, Director Cordray gave his annual speech to the United States Chamber of Commerce’s 11th Annual Capital Markets Summit. His prepared remarks focused on the CFPB’s role in adopting regulations. He trumpeted the CFPB’s promulgation of detailed regulations for the mortgage industry.

Regulation 68

Regulation United States Lending Capital 68

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. from 2016 until its sale in 2018. Location: Fort Lauderdale, Fla. Keith Costello, Locality Bank. “We

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

SEPTEMBER 17, 2019

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

Ohio 151

Ohio Lending Iowa South Dakota 151

CFPB Monitor

APRIL 5, 2017

On March 30, Director Cordray gave his annual speech to the United States Chamber of Commerce’s 11th Annual Capital Markets Summit. His prepared remarks focused on the CFPB’s role in adopting regulations. He trumpeted the CFPB’s promulgation of detailed regulations for the mortgage industry.

Regulation 60

Regulation United States Lending Capital 60

PYMNTS

APRIL 13, 2020

percent in 2018, to 59.5 In this context, the Dutch Authority of Financial Markets has turned to embracing FinTech players in the market to support SMBs, with the regulator’s latest approval going to Finturi. percent in 2019. Accelerating Cash Flow. “Normally the loans are too small to be profitable.”

blockchain 155

blockchain Capital Regulation Fintech 155

PYMNTS

MARCH 12, 2018

Ant Financial , the payment affiliate of China’s Alibaba , has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces a stricter environment for securitizing loans in its home country of China. Its Huabei unit offers revolving credit lines for Alipay users who need spare cash.

Lending 101

Lending Security Online Regulation 101

PYMNTS

APRIL 30, 2018

Marketplace lending. According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. billion in 2018 growing to $1.1 billion in 2018 growing to $1.1 Blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JANUARY 10, 2019

Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space and resulting protests, the P2P industry there could see the number of players decline by as much as 70 percent in 2019. What’s more, no new companies have entered the market since August.

Payments 134

Payments Lending Retail Course 134

PYMNTS

MARCH 13, 2019

As of now, the country’s insurance and banking regulator is beginning to draft new rules aiming to toughen up oversight in the pawn shop lending industry, according to sources cited by Bloomberg. Pawn shops will typically lend up to 40 percent of the value of an apartment pledged as collateral, renewing the loan every six months.

Lending 108

Lending United States Comparison Regulation 108

PYMNTS

JANUARY 25, 2019

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. Risks associated with leveraged lending activities are building in contrast to the portfolio overall,” the report said. Reuters reported that the U.S.

FDIC 108

FDIC US Lending Report 108

PYMNTS

MAY 11, 2018

In addition, it controls the biggest money market fund in the world. The news comes as Ant Financial, the payment affiliate of China’s Alibaba , has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces a stricter environment for securitizing loans in its home country of China.

Lending 109

Lending Online Groups Security 109

PYMNTS

AUGUST 29, 2019

With FinTechs rushing in to fill the gaps in small business lending, banking and other financial services left by traditional banks, those FIs saw an opportunity to collaborate with their FinTech peers and integrate their solutions, rather than spend the money on inventing new small business products internally. Collaboration Vs. Competition.

Fintech 173

Fintech Innovation Lending Digital Banking 173

PYMNTS

OCTOBER 1, 2020

For instance, instant payments are most prevalent in the worlds of wages, insurance disbursements and lending payouts, according to the survey results. percent as of 2018. However, only 51 percent of receivers said they were offered a payment choice for insurance- and lending-related payouts. percent in 2019 and 9.5

Trends 306

Trends Study Taxes Payments 306

PYMNTS

JANUARY 10, 2019

Thanks to a nationwide crackdown on P2P lending in that country — a move that came after a series of multi-billion dollar scams in that space, and resulting protests — the peer-to-peer (P2P) industry there could see the number of players decline by as much as 70 percent in 2019. trillion yuan by the end of 2017, according to Bloomberg.

Payments 116

Payments Lending Course Retail 116

PYMNTS

DECEMBER 27, 2019

percent market share for global advisory fees in 2018, which Pinto said the institution could improve on, although it would be difficult. He said the challenges came in the form of lending money, which became much more expensive to do after new regulations were put in place. Chase reached 8.7

United States 153

United States cryptocurrency Digital Banking Google 153

CFPB Monitor

JULY 10, 2020

Since April 2018, he has served as CFPB Policy Associate Director for Research, Markets, and Regulations since April 2018. Somewhat overshadowed by the Supreme Court’s Seila Law decision and other CFPB-related developments was the CFPB’s announcement on Tuesday of personnel changes.

Policies 78

Policies Lending Community National 78