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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

Banks that take too much risk fail, and banks that take too little risk produce returns below their cost of capital and either get acquired or driven out of business. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. Consider the risk above.

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Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Designed for borrowers with no credit.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Marketplace small business lending platform. HQ: Longwood, Florida. Income tax service. AI for capital markets news. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects.

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GonzoBanker Awards 2017

Gonzobanker

Strangest Sale of the Year – Was the first-failed and then convoluted spin-off and sale of BankMobile by Customers Bancorp to Flagship Community in Florida. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. It had another turd of a year.

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Global Investors Eye AltFin, HR Tech With B2B Investments

PYMNTS

Investors targeted the alternative small business lending market, particularly in the trade finance arena, but it was the human resources management and talent retention space that saw the largest investment round of the week. million for its small business trade finance and lending platform, too. Validus Capital. CreditDigital.

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