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Why The Final Payday Lending Rules Are Far From The Last Word

PYMNTS

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. As one might expect after such a long and intense build-up, the reactions were also fairly intense from both sides. million comments submitted. Somewhat Unexpected Agreement.

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Congratulations to All Celent Model Bank 2017 Award Winners!

Celent Banking

Many of us at Celent just came back from a busy and exciting week in Boston. The rain and clouds couldn't obscure spectacular views from the State Room overlooking the Boston harbour. Bank of America, USA. Lending Product. Banco Original, Brazil. Consumer Digital Platform. Risk Management. Process Automation.

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Today, SoFi’s suite of products includes 11 different offerings including a no-fee bank and savings account, debit and credit cards, student loans, mortgages, investments, auto/life/homeowners/renters insurance, as well as lending and planning services for small businesses. The Path Of The Neobank Supermarket.

Capital 150
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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

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Amazon Sizzles, Plenti Fizzles And Goldman Gets Its Consumer Banking Groove

PYMNTS

Goldman’s first toe in the water was Marcus, its consumer banking and lending platform, said to be named after its founder. In fact, one of them asked Chavez during the earnings call whether Marcus was lending to consumers with less than stellar credit histories. The Big Bet on Consumer Services. The Dip into Commercial Banking.

New York 101
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The Mother List of All Banking Books

Jeff For Banks

Giannini: Banker of America 1994 Richard X. Guardians of Prosperity: Why America Needs Big Banks 2013 John F. Bonadio Bonadio, Felice A. Bove Bove, Richard X. Giannini: The Man with the Midas Touch 2009 Edward Chancellor Chancellor, Edward Devil Take the Hindmost: A History of Financial Speculation 2000 Dr. Robert J.

America 78
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CFPB announces new appointments to advisory groups

CFPB Monitor

Engel, Research Professor, Suffolk University Law School, Boston, Mass. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. O’Connor, Senior Vice President, Lending and Operations, Community America Credit Union, Shawnee Mission, Kan. Kathleen C. Christopher G.

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