PYMNTS

JANUARY 13, 2020

Furthermore, with analysts and regulators around the world placing greater scrutiny on certain trade finance solutions, B2B traders can face even greater uncertainty over how to finance transactions (responsibly). That’s last-resort lending,” she said. “We’re talking about $1.5

Regulation 140

Regulation Tools Strategy Compliance 140

Independent Banker

NOVEMBER 30, 2021

Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W. Another option would be to do a separate loan to amortize those deferred payments, which again would be dependent on regulators, he adds. Dick, chairman and CEO of $1.7

Community Bank 209

Community Bank Community Texas Dallas 209

Celent Banking

FEBRUARY 28, 2017

Lending Product — for the most impressive consumer or business lending or collections initiative. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. The submissions represented two approaches to Open Banking.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

Lending Product — for the most impressive consumer or business lending or collections initiative. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. The submissions represented two approaches to Open Banking.

Innovation 100

Innovation Lending Boston Trends 100

Abrigo

NOVEMBER 11, 2019

including: Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle . Real estate lending BSA training should include GTO guidance. New York City and Miami were the original targets under the first order in 2016, but it has expanded periodically since then.

New York City 150

New York City Las Vegas San Antonio San Diego 150

PYMNTS

AUGUST 22, 2018

In this space just last month, we noted findings from Boston College that showed that 4,000 ICOs had raised $12 billion. One of the duo responsible for the Boston College paper, PhD candidate Hugo Benedetti, took note of the gold rush that comes when the timing is spot on. Past is prologue, as the saying goes.

cryptocurrency 100

cryptocurrency Boston United States Course 100

Independent Banker

JULY 31, 2022

Regulators made no bones about the fact that a number of additional rate hikes are likely to happen this year. The regulators keep hammering banks, saying, ‘Remember this, and don’t do that,’” he says. Even the Fed’s rate hikes might not be enough to halt rising inflation, though. Play the long game. We’re in the risk business.

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

MARCH 17, 2017

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. Lending, Lending Everywhere, With Quite a Lot to Think. That includes lending, and, in one panel discussion, loans themselves came under the microscope. Til next year — perhaps by then spring will finally come to Boston.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

JUNE 27, 2019

“Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said. “The aspect of localization creates almost a sense of meritocracy, allowing market validation to be moved much earlier in the process, and aligned with fundraising.”

Capital 145

Capital Community Oklahoma Maine 145

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. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

OCTOBER 20, 2018

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). All ideas, even really good ideas, have unintended consequences – in innovation, in regulation and in deployment – and one person’s brilliant idea can be another’s big problem in the making.

Innovation 177

Innovation Payments Cards Retail 177

Jeff For Banks

MAY 29, 2011

As George Millward, a colleague of mine at The Kafafian Group, tells me: “strategy drives structure” (most likely a Peter Drucker quote, as told to me by Ron Shevlin of Aite Group in Boston. But strategy has only been around corporate America since the 1960’s, and much later in FIs because of repressive regulation. thanks Ron!).

Strategy 75

Strategy Customer Experience Video Boston 75

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

Abrigo

MAY 8, 2024

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. But Boston Consulting Group (BCG) says generative AI serves a fundamentally different purpose than predictive AI, which is the powerful tool with which many financial institutions are already familiar.

Examples 221

Examples Fraud Resources Risk Management 221

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. This backdoor around banking regulations could prove to be extremely fruitful for fintechs in the future. turning Digital p2p payments into debit cards.

Cards 71

Cards Fintech UX Strategy 71

Abrigo

OCTOBER 31, 2022

Real estate lending BSA training should include GTO guidance , specifically on how to identify red flags at loan origination. While title insurance companies are required to collect and report data on covered transactions, regulators expect financial institutions to have procedures in place to detect these transactions. Learn More.

New York City 195

New York City Las Vegas District of Columbia San Antonio 195

PYMNTS

SEPTEMBER 5, 2017

There could be billions more in new capital requirements, which means that lending (and thus, borrowing) may become more expensive. The projections come from a Boston Consulting Group and Clifford Chance study, and at least some of those costs will be borne by end customers. s severance from the EU becomes reality.

Boston 116

Boston Lending Study Groups 116

Fintech Labs Insights

AUGUST 8, 2016

HQ: Boston, Massachusetts. Tags: Institutions, underwriting, commercial lending, loans, information, BI, API. Total raised: $3.25 Source: Crunchbase. Compliance Science. Compliance platform for financial institutions. Latest round: $2.9 Total raised: $11.2 HQ: New York City. Source: FT Partners. Commercial credit ratings.

Company 12

Company Fintech New York City blockchain 12

PYMNTS

DECEMBER 17, 2016

We take our weather very seriously in Boston.”. When the CFPB drafted new regulations for the payday lending industry earlier this year, they likely could have expected that someone would be airing grievances in their general direction. Spare me the cutesy icon that tries to make a joke about it.

Mobile 100

Mobile Course Cards Apple 100

PYMNTS

SEPTEMBER 30, 2016

Fall has arrived in Boston and we are sizzling. Payday Lending. Nearly 75 percent of them are concerned over more regulation that would restrict the availability of the product they really like. Complain about regulators ringing the life out of innovation – well, too bad, they’ll say. They were ….

Retail 100

Retail New York Marketing Regulation 100

CB Insights

NOVEMBER 9, 2017

The company also found itself confronted by conflicting energy program mandates and regulations. via Beta Boston. Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures. In a Boston Globe interview in January, he had indicated that the company’s financial performance was a pressing concern.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

OCTOBER 31, 2017

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. -Kyle Hill, HomeCare CEO. Product: BTCJam.

Company 78

Company US San Francisco Capital 78

PYMNTS

OCTOBER 11, 2017

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. No one will argue the point that regulation is not necessary or that abuses don’t happen. All the Reactions Expected (from the People You Expected to Have Them).

Lending 109

Lending Regulation Guidelines FDIC 109