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Didi Chuxing Offers Financial Services

PYMNTS

The company will offer crowdfunding and lending as it tries to distance itself from a year of scandals, including the murder of two female passengers. The services include wealth management tools, credit, lending and crowdfunding for serious illnesses. Didi is backed by Uber, Apple and SoftBank.

Lending 183
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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Look for her just-released book Suits and Skirts.).

Community 216
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How the Focus on NPL Is Changing Europe?s Debt Market

FICO

Are we making the progress we want to see — and regulators demand — on non-performing loans (NPL)? That’s the topic I explored with banking leaders from across the Europe, Middle East and Africa at our EMEA Risk Leadership Summit in May. Reduced appetite for new lending. Increase in impairments costs.

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Payments And Commerce: A Year In Quotes

PYMNTS

And reading …. “The man who does not read good books has no advantage over the man who cannot read them.”. … And even the importance of being a snappy dresser. I do not want any American to look back in 20 years and try to figure out how and why America’s banks lost the leadership position in financial services.

Payments 100
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The 2023 GonzoBanker Awards

Gonzobanker

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Bank Regulator Working for Merchants Award!

Fintech 194
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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. BNC shareholders got a terrific premium, a 47% dividend increase, and a continued leadership role for Richard D. The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club? This year brought us: Mergers out the yin-yang.

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Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

Big announcements like JP Morgan Chase’s to hike the pay of 22,000 workers and build 400 new branches certainly had bankers inspired to show some level of investment and even civic leadership from the tax break. In addition to a historic tax cut, bankers were equally excited by the shifting winds and tone of the regulatory environment.

Taxes 75