PYMNTS

JUNE 10, 2019

The Financial Stability Board says Basel III rules have not led to a squeeze of the small business bank lending market, according to reports on Friday (June 7). The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space.

Lending 100

Lending Capital Regulation Survey 100

PYMNTS

NOVEMBER 6, 2020

Davies , head of lending at Figure, will spearhead the firm’s initiatives to get a bank charter from the OCC and he will become the Figure Bank chief executive officer, according to Cagney. Davies served as CitiMortgage’s chief executive officer and Citibank’s head of global mortgage in addition to Capital One’s president of home loans.

National 163

National blockchain Lending Regulation 163

BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 84

Capital Lending US Data 84

PYMNTS

OCTOBER 12, 2020

Aave , an Ethereum-based loan protocol, has raised $25 million in a funding round, according to a report from Crypto News. The round was led by Blockchain Capital, Standard Crypto, Blockchain.com Ventures and more. The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption.

Bitcoin 261

Bitcoin Compliance Lending Regulation 261

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JUNE 12, 2023

You might also like this webinar, " AML Compliance and Sanctions Requirements for Non-Bank Financial Institutions. Streamlined compliance : Compliance with varying state regulations significantly burdens money transmitters. Compliance and reporting : Mandate implementing robust AML and CTF programs by money transmitters.

Compliance 195

Compliance Fraud Regulation Guidelines 195

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

Abrigo

MAY 19, 2023

The policy generally addresses the following items: Qualifications of loan review personnel Independence of loan review personnel Frequency of reviews Scope of reviews Depth of reviews Review of findings and follow-up Workpaper and report distribution.

Training 195

Training Lending Risk Management Guidelines 195

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

Abrigo

MAY 14, 2021

Compliance and Decision-making. Distinct risk management processes can be both effective for satisfying compliance requirements and helpful for strategic decision making. Likewise, liquidity shock tests provide clarity and guides decisions around raising capital, concentration limits, and excess capital. CRE Lending.

Management 195

Management Risk Management Lending System 195

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.” He was far from alone.

Lending 100

Lending Capital Compliance Operations 100

Abrigo

FEBRUARY 16, 2024

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Talk to a specialist to learn more.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

JANUARY 19, 2021

NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls. The collaboration is part of Eedenbull’s efforts to expand globally after having secured 65 banking partnerships across Europe, according to a report. BNL Goes Live With Tink.

Fintech 341

Fintech National Groups Tools 341

Abrigo

DECEMBER 22, 2023

Takeaway 2 Management reports, probability of default, and model validation topics were found in the top blogs for risk professionals. Read this blog for ten key reports on capital, growth, and liquidity that can help financial institutions identify increased risk and shape strategy in tricky conditions.

Risk Management 222

Risk Management Regulation Management Lending 222

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

Capital 174

Capital Lending Cards cryptocurrency 174

PYMNTS

NOVEMBER 13, 2020

The company announced its launch this week and revealed the new funding from Crane Venture Partners, with Seedcamp, Techstars and angel investors also participating, according to EU-Startups reports. The company secured the funding from an unnamed angel investor, reports said. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

CFPB Monitor

JUNE 10, 2022

The Federal Trade Commission provided its annual report to the Consumer Financial Protection Bureau on its enforcement and related activities in 2021 regarding the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic Fund Transfer Act (EFTA) (collectively, the “Financial Acts”). FTC in which the U.S.

Report 78

Report Lending Policies Training 78

South State Correspondent

APRIL 1, 2023

8 report, published last Friday, provides an interesting snapshot of the banking system’s assets and liabilities through March 22. Lending Although we only have quarterly lagged data on credit conditions, it is worth noting that more timely H.8 The move will increase the cost of compliance and the cost of capital.

Regulation 221

Regulation Community Bank Community Capital 221

Abrigo

DECEMBER 2, 2021

31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. Two years ago, more bankers surveyed for that report named core deposit growth as their greatest challenge than any other issue. It's "business as usual" as far as expectations for compliance staff to remain alert for illicit financial activity.

Conference 195

Conference San Antonio Lending Fraud 195

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

CFPB Monitor

FEBRUARY 10, 2021

On January 26, 2021, the FTC sent its annual letter to the CFPB reporting on the FTC’s activities related to the Equal Credit Opportunity Act (“ECOA”) and Regulation B. The Bureau leverages the FTC’s annual letter for its own Annual Report to Congress on ECOA. Capital One, N.A.

Report 78

Report New York City Lending Regulation 78

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. No additional reporting or regulatory compliance for the lender or the borrower. No ISDA documents. Virtually no ongoing or upfront costs.

Community Bank 195

Community Bank Community Compliance CA 195

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”.

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

DECEMBER 13, 2019

ABA study shows banks are reporting more cases of EFE. The Senior Safe Act provides a safe harbor for financial institutions reporting suspected EFE. . Informal actions are generally appropriate for institutions that receive a composite rating of “3” for safety and soundness or consumer compliance. Inadequate capital.

FDIC 195

FDIC Regulation Capital Lending 195

Abrigo

AUGUST 6, 2021

Community banks are critical to ag lending and small business lending. Additionally, community financial institutions are more likely to leverage relationship lending to help smaller businesses obtain loans that they might not be able to secure with larger institutions based solely on their financial information. SBA Lending.

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

MAY 24, 2023

According to the ABA, s urvey data compiled last year by Whitney Economics reported that over 70 percent of participating cannabis businesses say the “lack of access to cannabis banking or investment capital” is their top challenge.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. Report: Digital Lender SoFi Eyes IPO Via SPAC. Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company to debut on the stock market. The company, which was valued at $4.8

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. ” Capital On Tap Enables Receipt Bank Card. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

OCTOBER 4, 2019

based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. FunBox works with other lenders to underwrite financing to self-employed, small merchants and new-to-credit customers, reports said. million in the B2B eCommerce startup, MENAbytes reports said.

Capital 128

Capital Lending California Regional 128

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital.

Fintech 188

Fintech Capital Security Fraud 188

Abrigo

JULY 14, 2023

Creating data analytics and reports alone are not the strategies; rather, they are the critical inputs to assist decision-makers in developing and executing those strategies. Staff producing the reports must communicate with management and inquire what management wants to glean or achieve from the data insights.

Strategy 195

Strategy Data Analytics Analysis 195

Abrigo

DECEMBER 17, 2021

Digital Banking Report. As an executive, consider asking questions like: What analytics and insights are missing in our reports? For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. successfully implemented technology.

Fintech 195

Fintech How To Innovation System 195

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. A report released this week found startups across the U.S., Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Alternative Lending. Blockchain.

Fintech 118

Fintech Capital blockchain Lending 118