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Wells Fargo To Overhaul Auto Lending Unit

PYMNTS

the embattled bank, is reportedly overhauling its auto lending unit in an effort to control risk. and get rid of the regional manager positions in the impacted offices. The lending staff in the offices will be relocated to central offices in Chandler, Arizona, and Irving, Texas, noted the report.

Lending 100
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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. Gardineer raised concerns about the application of bespoke capital, liquidity, and risk management requirements for SPNB charter applicants. Questions directed at Ms.

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Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

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CFPB announces advisory committee members

CFPB Monitor

Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA). Bruce Ocko, Senior VP Director of Mortgage & Consumer Lending, Bangor Savings Bank (Bangor, ME). Michael Staten, Professor and Associate Dean, University of Arizona (Tucson, AZ).

DC 78
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Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Labs Insights

The Kentucky-based company has developed a vendor management platform for banks and credit unions. Vendor management for financial services companies. Investment portfolio management . HQ: Scottsdale, Arizona. Escrow & renter deposit management. Source: Crunchbase. Latest round: $4 million. Total raised: $6.3

Company 12