2027, Cards and Lending - Community Banking Brief

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2027

Cards

Lending

The CFPB section 1071 effective date

Abrigo

MAY 30, 2023

Final rule Effective dates & compliance dates for rule 1071 As they do with any new requirement, financial institutions want to know when the CFPB 1071 rule is effective and when they must begin collecting and reporting data on their small business lending activities. This 2026 data needs to be reported to the CFPB by June 1, 2027.

Compliance

Compliance Lending Data Regulation

PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

JANUARY 8, 2021

Research indicates that consumers are recovering some of their financial confidence, with one report predicting a 64 percent year-over-year increase in new credit card applications in 2021. Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest.

Lending

Lending Examples Tools Meeting

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

The CFPB section 1071 effective date

PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

Webinars

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