CFPB Monitor
NOVEMBER 12, 2018
In August 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.” and Sweetbridge NFP, Ltd.,
PYMNTS
JULY 28, 2017
the embattled bank, is reportedly overhauling its auto lending unit in an effort to control risk. The lending staff in the offices will be relocated to central offices in Chandler, Arizona, and Irving, Texas, noted the report. The credit underwriting staffers and salespeople will stay in the local markets with new management.
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South State Correspondent
MAY 23, 2023
Lending is getting riskier. This data is critical for pricing, capital allocation, and marketing. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. Minnesota, North Dakota, and Iowa were the least risky states to lend into. This quarter, it is 2.58%.
PYMNTS
NOVEMBER 13, 2018
Arizona, which launched a “sandbox” earlier this year, said last week that there is a new participant in that FinTech-driven initiative. This time around, Sweetbridge is using blockchain in a lending context. The company is trialing token-based asset lending through the next two years and covering 10,000 state residents.
American Banker
SEPTEMBER 19, 2023
Denver-based InBank will expand into Georgia and Arizona, part of a wider plan to seize market share and build what one executive called a top-tier SBA lender.
CFPB Monitor
AUGUST 7, 2018
On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.”
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