California FDIC Marketing Security 
CFPB Monitor
DECEMBER 21, 2021
Last week, the California Department of Financial Protection and Innovation (DFPI) announced that it had entered into a consent order with Wheels Financial Group, LLC d/b/a LoanMart, a California-based company that markets and services automobile title loans. LoanMart holds a CFL license.
PYMNTS
DECEMBER 16, 2020
California-based challenger bank Aeldra has chosen i2c Inc. resident and non-resident international clients of Aeldra can open an FDIC-insured U.S. This feature builds a global platform to address a forecasted $20 billion market, according to the announcement. to fuel its digital private banking services.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
JUNE 25, 2019
Its takeover of Seed strengthens its position in the small business FinTech market. Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon. Its acquisition of Seed follows last year’s $100 million private equity investment raise, led by KKR & Co Inc. reports said.
Independent Banker
JULY 31, 2022
In partnership with Nymbus, the bank’s custom digital platform is built on a secure cloud-native core banking system with an open API architecture. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. Keith Costello, Locality Bank. “We Built on a solid foundation.
Abrigo
SEPTEMBER 5, 2023
Path to removal – Sometimes an exception is like the Hotel California – you can check out anytime you like, but you can never leave. As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked. It just stays on forever. Get details in "A guide to implementing credit policy."
Independent Banker
MARCH 31, 2022
A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. Katie Kuehner-Hebert is a writer in California. Photo by Donis Perkins. billion-asset community bank. “We
PYMNTS
MAY 27, 2020
For banks, the opportunity is there to cement the trust of their customers during uncertain times that have made individuals increasingly uncertain about personal health, job security, paychecks and even whether the money they have in the accounts is safe and sound. If you talk to a consumer, most of them want to make money on their money.”.
Expert insights. Personalized for you.
78 
Let's personalize your content