CFPB Monitor

MAY 6, 2021

According to the factual allegations in the OCFR’s Charge Letter : The Bank offers in-store retail credit financing as well as store-branded credit cards to Maryland consumers.

Maryland 78

Maryland Lending Missouri FDIC 78

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum. The report said Alibaba has used such practices, among other companies.

Industry 152

Industry DC Regulation Washington 152

The Financial Brand

MARCH 9, 2023

This article Credit Unions Bulk Up in Commercial Lending and Home Equity, Along with CDs appeared first on The Financial Brand. Loan growth is a strength for credit unions, but the top federal regulator frets over rates and heightened risk trends.

Lending 28

Lending Trends Branding Regulation 28

FICO

DECEMBER 13, 2019

The most prominent villain for fintech companies is regulation. And so it’s easy to see why a fintech company — believing fully in the virtue of its mission and faced with a litany of illogical and intractable regulations — might just say "F*ck it, we're doing it anyways." Brand protection. and China).

Regulation 52

Regulation Fintech Lending Branding 52

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Treasury Department released its report on the sector and concluded that the market would likely benefit from greater oversight from regulators. Alternative Lending. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

The Financial Brand

DECEMBER 21, 2020

Calls grow for regulation of fintech-driven POS lending, but for some banks, a credit card variation could be at least a good defensive play. The post ‘Buy Now, Pay Later’: An Innovative Lending Program Heading for a Cliff? appeared first on The Financial Brand.

Lending 35

Lending Innovation Regulation Branding 35

PYMNTS

JANUARY 2, 2019

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

Lending Leadership Apple America 183

Abrigo

JANUARY 17, 2024

Poverty and the lack of well-paying jobs are the key drivers of people being trafficked, so supporting these jobs for the most vulnerable is hugely impactful. Made Free provides ethical, well-paying jobs in the fashion industry to reduce drivers of trafficking worldwide.

Training 259

Training Community Software Texas 259

The Financial Brand

OCTOBER 24, 2021

Financial institutions must scrutinize marketing, branching and lending strategies as Attorney General targets redlining in mortgage credit. The post Justice Department Sets Major Fair-Lending Enforcement Push appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 32

Lending Banking Trends Analysis Trends 32

PYMNTS

NOVEMBER 3, 2017

2), the company is in talks with the Prudential Regulation Authority for a full banking license, noting it was part of “contingency planning by the group to protect against potential post-Brexit regulatory risk.”. regulators, in particular the PRA, may result in [Volksawagen Financial Services] VWFS making an application for U.K.

Lending 100

Lending Regulation Groups Branding 100

PYMNTS

AUGUST 12, 2016

Upserve is said to have a fancy, slick restaurant management algorithm that could help Square Capital refine its own fancy, slick risk management algorithm to make better lending decisions. This could come as a welcome relief, as lending decisions will be based on data about the viability and success of the business, which helps everyone.

Lending 100

Lending Apple Cards Study 100

PYMNTS

MARCH 31, 2020

MatchMove said LightSpeed is a “powerful, out-of-the-box solution, which enables you to launch your own branded payments platform within minutes.”. Last September, MatchMove acquired a strategic stake in East Ventures-backed peer-to-peer lending platform MoolahSense.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

FEBRUARY 23, 2017

.” Beau Bertoli, co-CEO of Prospa, told reporters that the alternative SME lending space is likely to grow by $20 billion over the next five years. “A lot of small businesses have an affinity with us, and we will use this capital to continue to build the brand further and become a leading lender.”

Fintech 100

Fintech Capital Lending Branding 100

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215

National blockchain Montana Lending 215

The Financial Brand

FEBRUARY 8, 2023

This article NCUA Chief Targets Rate & Liquidity Risks as Credit Unions Reframe Competitive Strategies appeared first on The Financial Brand. The National Credit Union Administration chairman discusses new regulations, worrisome lending trends, fintechs and more in a wide-ranging interview.

Strategy 34

Strategy Trends Branding Lending 34

PYMNTS

SEPTEMBER 20, 2018

Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Swimming against that tide is China-based P2P lending provider X Financial. Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives.

US 166

US Lending New York Cards 166

PYMNTS

JULY 8, 2016

Walmart Pay released its six-month report card , with some pretty interesting stats: ubiquity at all 4,600+ stores, high usage, high repeat usage, rave reviews from their users and a growing crop of brand evangelists that, Walmart Pay execs say, have become an effective recruiting engine. Investor Confidence In Marketplace Lending.

Lending 101

Lending Samsung Online Capital 101

PYMNTS

MAY 6, 2019

The judge ruled that “such dramatic disruption of federal state relationships in the banking industry occasioned by a federal regulatory agency lends weight to the argument that it represents exercise of authority that exceeds what Congress may have contemplated in passing the NBA.

National 165

National Fintech New York Exercises 165

PYMNTS

SEPTEMBER 11, 2018

Days after confirming plans for an Initial Public Offering on the London Stock Exchange, alternative lending firm Funding Circle has released new details about its goals for the float and market conditions that make it possible. Elsewhere, other alternative lending platforms have eyed IPO plans.

Lending 100

Lending America Strategy Marketing 100

PYMNTS

AUGUST 4, 2020

In an announcement, the bank said it would work with Google to debut a co-branded, FDIC-insured, digital-only bank account next year. In this way, Google gets new users for its Pay offering , and the banks get new customers and strengthen their respective brands. To that end, BBVA was one of six banks that said on Monday (Aug.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

MARCH 10, 2020

What instant lending innovation have shoppers fallen in love with? The timing is good for BNPL brands, as physical retail stores struggle to stay relevant and eCommerce players try to crack the checkout conversion code. Here’s a hint: We’ll tell you now … and you can thank us later. It’s a bona fide phenomenon.

Case Study 135

Case Study Retail Millennials Branding 135

Abrigo

MARCH 6, 2017

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 4) @KarenGMills – Former SBA administrator in the Obama administration, Mills is now a senior fellow at Harvard Business School, writing and Tweeting about small business, lending and fintech. Learn more here.

social media 150

social media Lending Community Community Bank 150

PYMNTS

MARCH 10, 2017

Financial regulations forced banks to pull back from small business lending in the wake of the financial crisis as pressure to reduce risk exposure increased. Risk mitigation is also behind massive regulations like KYC and anti-money laundering rules.

Mobile 149

Mobile Lending Data Marketing 149

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain. And to learn.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

SEPTEMBER 14, 2020

It’s a world where the parent company has such as tight rein that one step out of the guidelines and regulations can merit a devastating suspension. So we looked at the financing end, and then all of those lending options. We're also seeing a tremendous number of the larger brands trying to remove other sellers of their product.

Capital 214

Capital Long Beach Branding Guidelines 214

PYMNTS

FEBRUARY 13, 2019

That’s especially true for digital lenders like Insikt , better known by its brand name Lendify , which has been operating and introducing itself to the world under one of those two names for the last four years. In its new life as Aura, that will not change, in some sense. They barely have 24 hours.

How To 144

How To Lending Branding Tools 144

Lars Markull

JULY 10, 2022

Xero, on the other hand, could (at the same time) allow users to create Xero branded accounts or cards for the benefit of creating separate virtual accounts for each client for easier reconciliation or cards for a better user experience (Embedded Banking). Financial product branding is critical.

Lending 83

Lending Branding Examples Regulation 83

PYMNTS

APRIL 12, 2017

Regulation A+ has made a mostly quiet splash on the market. Years in the making, the regulation was born from the JOBS Act, which was signed into law in 2012, with Title IV of the act — also known as Regulation A+ — enabling average joes to invest in companies seeking capital.

Regulation 102

Regulation Lending social media Operations 102

PYMNTS

MAY 8, 2020

Most small businesses don’t have a lending relationship with a bank. Other ideas include more government action regarding competitive regulation. Writing in Barrons , RSM chief economist Joseph Brusuelas is recommending a Main Street lending facility that would include a $250 billion Congressional backstop combined with $1.25

Maine 142

Maine Groups San Francisco Lending 142

PYMNTS

NOVEMBER 20, 2018

In some areas, the growth in sub-prime lending matches overall growth in the segment, with credit cards and personal loans as the best example. Auto lending saw its sub-prime loans delinquency rate improve by 15 basis points, from 6.9 In fact, that lowering delinquency story was also one that occurred across segments.

Lending 188

Lending Trends Cards Capital 188

Gonzobanker

FEBRUARY 29, 2024

It’s very hard for regulated banks and credit unions to gain any meaningful efficiencies under $1 billion in assets. As banks invest in new lending, analytics, risk and CRM systems, leaders need to be demanding jerks and insist that all team members use the darn tools and realize the benefits of workflow automation.

Tools 163

Tools Analytics Data System 163

PYMNTS

JANUARY 25, 2018

In an attempt to address many of these concerns, regulators have stepped in with initiatives, such as establishing a Small Business Commissioner last year to champion SMB-related causes. Stallon said that the FSB brand is likely to help, as is the FSB’s focus on simplicity for the end user. “Until now, many of the U.K.’s

Lending 122

Lending Regulation Marketing Operations 122

PYMNTS

FEBRUARY 24, 2017

Alt-Lending. The $20 million funding round for Australian alternative lending platform Prospa has set a record, according to reports, as the largest FinTech venture capital funding in the country. Soundtrack Your Brand. Several backers participated in the $1.2

Fintech 109

Fintech Capital Lending blockchain 109

Bobsguide

MARCH 28, 2022

The research canvassed the opinions of 1,600 senior industry executives, exploring the opportunities presented by Banking as a Service (BaaS) – to provide retail or wholesale banking products and services to customers in context, as a service, using an existing licensed institution’s secure, regulated infrastructure with modern API-driven platforms.

Innovation 60

Innovation Lending social media Retail 60

Abrigo

JULY 12, 2021

It should be a brand new consideration. Depending on the nature of the asset, not all of the factors may be relevant and other factors also may be relevant and should be considered,” according to a 2019 Frequently Asked Questions (FAQs) on CECL by regulators. Lending & Credit Risk. Do I keep that and start from there?’”

Analysis 195

Analysis Conference Management Regulation 195

PYMNTS

JUNE 21, 2016

4445, a bill that would allow the Federal Trade Commission to develop regulations and guidelines over the use of Photoshop and other image-altering programs in advertising. We want to lend our voice and the support of the ModCloth community to this movement to stop the extreme and harmful Photoshopping of women in advertisements.”.

Retail 102

Retail Guidelines Survey Lending 102

PYMNTS

JANUARY 20, 2020

branded card sales grew by 10 percent, defined by CEO Mike Corbat as a “healthy clip,” and where branded cards revenues stood at $2.4 Funded consumer loan balances were $7 billion from Marcus and $2 billion from the credit card lending tied to the launch of Apple Card. In the U.S.,

Cards 134

Cards America Course Mobile 134