CFPB Monitor

SEPTEMBER 21, 2020

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). Mae Watson Grote, Founder and CEO, The Financial Clinic (Brooklyn, NY).

DC 78

DC Mississippi Washington Oklahoma City 78

PYMNTS

MAY 10, 2018

A new report commissioned by SWIFT , with research conducted by the Boston Consulting Group (BCG), is urging corporate banks in India to take action. With BCG and SWIFT urging banks to take “immediate action,” some banks have chosen to pivot away from corporate lending. ” Banks Need to Multitask.

Lending 100

Lending Analytics Retail Boston 100

PYMNTS

APRIL 11, 2016

“IdentityMind Global has a unique approach to bringing integrity back to digital marketplaces and the online lending environment through the use of trusted digital identities” Zander said in a company news release. Prior to joining Sun in 1987, he held senior management positions at Apollo Computer and Data General.

Boston 100

Boston Leadership Software Online 100

PYMNTS

MARCH 17, 2017

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. One panelist noted that, in general, IT systems are poorly managed, with executives agreeing that it is hard to attract the talent necessary to truly be proactive in the fight against cyberattacks; private and public collaboration is needed.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

APRIL 20, 2018

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. Note to industry.

New York 101

New York Lending Tools Boston 101

Tefkin

JUNE 3, 2014

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. Traditional asset management companies are increasingly facing competition on both sides of the performance scale.

Industry 42

Industry Management Innovation Analysis 42

CFPB Monitor

AUGUST 22, 2016

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

San Antonio 60

San Antonio Kansas City Groups CA 60

PYMNTS

JUNE 10, 2016

Uber had many wonderful years of asking for forgiveness instead of permission and managed to build a worldwide ridesharing empire on the strength of that conviction. Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request.

Regulation 100

Regulation National Austin Fintech 100

Celent Banking

FEBRUARY 24, 2017

Mobile and tablet access are becoming mainstream channels for employees of business and corporate clients to effectively manage their daily workload no matter where they might be located. Recognizing that the needs of entrepreneurs and start-ups fall well beyond the services that a bank traditionally offers (i.e. payroll services).

Innovation 114

Innovation Boston Technology Meeting 114

Jeff For Banks

JUNE 1, 2019

A community bank head of consumer lending recently told me he did the same with a Key Bank offer. years duration based on FHLB Boston's spot rates at the time of printing. Sure, the big banks seem to be on the bandwagon. Jeff For Banks readers likely get these offers. Five hundred bucks! Is It Worth It?

Community Bank 60

Community Bank Boston Community Analysis 60

PYMNTS

SEPTEMBER 13, 2016

Last week, Federal Reserve Bank of Boston President Eric Rosengren managed to trigger a stock selloff with his public call to raise interest rates. Higher interest rates make consumer and SMB lending more tempting for FIs and make conditions harder for alt-lenders who have to adjust their rates up accordingly. percent to 0.5

Meeting 100

Meeting Boston Policies Atlanta 100

PYMNTS

JUNE 25, 2020

The last financial crisis was kicked off by structural flaws in the real estate market that left people underwater on loans they were unable to manage. ” Unison offers them that access point at a time when the product they offer has become particularly relevant to the market’s needs. .”

Las Vegas 255

Las Vegas Miami San Diego San Francisco 255

CFPB Monitor

SEPTEMBER 21, 2015

Engel, Research Professor, Suffolk University Law School, Boston, Mass. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. Alvarez, Executive Director, Housing & Education Alliance, Tampa, Fla.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Congrats to Randy and a great management team. We salute a legend of lending and credit union leadership. GonzoBanker of the Year – Credit Union.

Fintech 147

Fintech Strategy Leadership Lending 147

CB Insights

APRIL 17, 2018

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. After 4 years with the company, Brian joined Google as a Software Engineer and inevitably rose to become an Engineering Manager. BILL GURLEY. JEFF JORDAN. RAVI MHATRE.

San Francisco 71

San Francisco CA Capital Operations 71

Jeff For Banks

MAY 29, 2011

Customer centric culture is most likely an industry buzz phrase similar to Total Quality Management and may evoke negative connotations. Total Quality Management supposed to reduce fail rates and therefore avoid unnecessary processes. But lenders like to lend, and talk deposits only if their boss makes them do it. thanks Ron!).

Strategy 78

Strategy Customer Experience Video Boston 78

PYMNTS

OCTOBER 20, 2018

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). If this person can’t afford this, we won’t lend. Nine years from now, we might be talking about how our self-driving cars also manage all our financial services. We always want to underwrite the ability to pay.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

FEBRUARY 12, 2018

The average temperature in Boston in February is 37 degrees Fahrenheit, but on Saturday it was 52 degrees. Part of the disconnect with the Census data is that it measures averages, but nothing is ever average. The average height of a female in the U.S. is 5’4” — even though few of the women reading this are exactly that height.

Big Data 135

Big Data Data Retail Marketing 135

Independent Banker

OCTOBER 29, 2014

Epperson, a managing director at the global business advisory firm AlixPartners LLP. Consumer studies the Boston firm has conducted indicate increasing mobile-banking adoption and awareness and use of mobile remote-deposit capture applications. “By Ever stand behind anyone trying to use mobile pay? Is Mobile Fully Catching On?

Mobile 105

Mobile Community Bank Community Technology 105

Celent Banking

APRIL 7, 2017

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. Risk Management. Lending Product. Fraud Management and Cybersecurity. Consumer Digital Platform. Bank of America, USA.

Case Study 189

Case Study Boston Risk Management Study 189

Independent Banker

JULY 31, 2022

Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. I counsel my community banks to be careful about extreme growth in rising rate environments,” says Jim Adkins, managing partner at Artisan Advisors in Barrington, Ill. Recruiting is easier in some regions than others. Connors, Jr.,

Strategy 135

Strategy Community Bank Louisville Community 135

Fintech Labs Insights

JANUARY 18, 2016

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Derivative risk management. Online consumer lending. App Annie garnered $63 million for its mobile analytics and development tools. Total raised: $69 million.

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

JANUARY 13, 2016

HQ: Boston, Massachusetts. Lendful Financial. Consumer receipt manager. Consumer lending software for financial institutions. Tags: Consumer, credit, lending, loans, underwriting, enterprise, Finovate alum. Total raised: $319.7 million ($44.7 million Equity, $275 million Debt). HQ: New York City. HQ: Netherlands.

Company 12

Company New York City Fintech Lending 12

Fintech Labs Insights

MARCH 28, 2016

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company 12

Company Fintech San Francisco New York City 12

William Mills

MAY 11, 2016

CreditHQ helps businesses manage cashflow. Managing cash flow – targeted at small business in partnership with banks. ^KT. Here’s another solution for document management and origination. ^SR. ChipShield also has an integrated password management vault. David Carr (Innovation Manager). Martin Campbell (CEO).

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

APRIL 30, 2015

HQ: Boston, Massachusetts. Household bill management solution. Tags: Peer-to-peer, P2P, lending, investing. There were two jumbo rounds: $50 million to cryptocurrency startup Circle and $30 million to multiple Finovate Best of Show winner MX (formerly Money Desktop). Digital currency provider. Total raised: $76 million.

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

Fintech Labs Insights

OCTOBER 19, 2015

Expense management solutions for small businesses. 401(k) management. HQ: Boston, Massecheusetts. Using the blockchain for managing records. Card rewards management. Tags: Enterprise, SMB, investing, wealth management, data. Latest round: $135 million at $1 billion valuation. Total raised: $600 million.

New York City 12

New York City Company Fintech New York 12

Fintech Labs Insights

APRIL 13, 2016

P2P lending platform. Wealth management platform. HQ: Boston, Massechuesetts. Data for B2B analytics & risk management. Tags: SMB, lending, trade finance, loan, underwriting. Total raised: $80 million. HQ: Minnesota City, Minnesota. Source: Crunchbase. Meili Jinrong. Latest round: Undisclosed. Finanz Check.

New York City 12

New York City Company Fintech Minnesota 12

CB Insights

AUGUST 2, 2018

US consumers aged 18+ make an average of 70 payments per month, with debit cards accounting for 32% of those purchases, according to a 2017 study by the Boston Fed. Additionally, this rise of these new products comes at a time when consumers are opting for debit cards over credit cards. How the products work.

Cards 71

Cards Fintech UX Strategy 71

Celent Banking

JANUARY 23, 2017

Lending Product – for the most impressive consumer or business lending or collections initiative. Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity. Risk Management – for the most impressive initiative to improve enterprise risk management.

Risk Management 100

Risk Management Innovation Case Study Boston 100

PYMNTS

JUNE 10, 2020

Northeastern cities like New York and Boston with an incredible and nearly unexpected force, a bit like a tsunami that surged and almost overnight washed away the entire cultural practice of eating out. And, he noted, the challenges only go on from there, as this week they can reopen their Boston-based Sip Wine Bar for outside seating.

How To 132

How To Boston Groups Massachusetts 132

PYMNTS

APRIL 6, 2018

With more than $95 million in financing placed, startups across eProcurement, cybersecurity, logistics, alternative finance, blockchain and supply chain management secured support. Power2SME isn’t the only B2B startup on this list that operates an SMB lending solution. Supply Chain Management. IndustryBuying. Namaste Credit.

blockchain 116

blockchain Capital Seattle Lending 116

Fintech Labs Insights

AUGUST 8, 2016

HQ: Boston, Massachusetts. Tags: Institutions, underwriting, commercial lending, loans, information, BI, API. Source: Crunchbase. Digital renter’s insurance. Latest round: $3.25 million Seed. Total raised: $3.25 Source: Crunchbase. Compliance Science. Compliance platform for financial institutions. Savings & investing app.

Company 12

Company Fintech New York City blockchain 12

Jeff For Banks

DECEMBER 29, 2021

What is unique is, after reviewing the management team and board, there are people of Korean, Malaysian, Indian, and Chinese descent in leadership positions. and equipment lending and asset based lending through Triumph Commercial Finance. Quite the geographic expanse, but not uncommon for ethnic banks. It was founded in 1983.

Capital 78

Capital Texas Metro North Carolina 78

PYMNTS

JULY 1, 2016

What we will say is that fun times with family, the dazzling display of fireworks and the perfunctory cookouts and beach time, truly and totally make this upcoming weekend one very big sizzle wrapped around what appears to be in Boston, at least, abundant doses of sunshine. Lending Club. Seriously a Sizzle!

New York 100

New York Lending Cards Retail 100

PYMNTS

DECEMBER 17, 2016

As for the chatbots of today, he managed to sum of up the two-thirds of the Festivus grievance that consumers everywhere have been logging all year: “Overhyped and underpowered.”. Add that last third Karen Webster managed to catch in her article about the stalling bot revolution: kind of annoying.

Mobile 100

Mobile Course Cards Apple 100

William Mills

MAY 9, 2018

HQ: Boston, MA. A TON of really old technology is being used in mortgage lending. Our Actionable Intelligence Management solutions help banks and mortgage companies streamline and automate manual processes, seize new business opportunities and manage compliance, all while transforming the customer experience. One, [link].

Security 40

Security Samsung Strategy San Jose 40