Capital, Lending, Management and New York City

CRE risk management: Navigating hazards and opportunities

Abrigo

DECEMBER 18, 2023

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters.

Risk Management

Risk Management Management Lending Capital

Lull Hits B2B FinTech Venture Capital Funding

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS).

Capital

Capital Fintech New York City Security

Is your credit union ready to grow member business lending (MBL)?

Abrigo

SEPTEMBER 16, 2015

Member business lending (MBL) has been a hot topic in the financial services community this summer, particularly as the industry awaits finalization of the NCUA’s rule changes. stands as the number one in MBL – more than doubling the second-ranked CU for business lending. The New York City-based institution offered members nearly $1.8

Lending

Lending New York City New York Strategy

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

Neiman Marcus Emerges From Chapter 11

PYMNTS

SEPTEMBER 28, 2020

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

San Francisco

San Francisco New York City Houston Dallas

B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

SEPTEMBER 4, 2020

The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.

New York City

New York City Capital Colorado Software

Wells Fargo Taps Former Mastercard Exec To Run Merchant Services

PYMNTS

AUGUST 12, 2019

Taylor also previously worked at Capital One, Chase Manhattan Bank and JPMorgan. 26, and she will be based in New York City. Last month, Wells Fargo also added four new executives to its roster. She graduated from Spelman College and earned her MBA from The Wharton School at the University of Pennsylvania.

New York City

New York City Pennsylvania New York Community Bank

Popular Bank appoints Adam Dejak to lead Popular Mortgage

PopularBank

JANUARY 28, 2022

We are thrilled to welcome Adam Dejak as National Director of Residential Lending for Popular Mortgage. Based in New York, Adam will oversee our residential mortgage lending 1 business and will be responsible for driving growth and development of the entire program, cultivating talent, and continuing to expand our mortgage loan options.

New York City

New York City New York Lending National

Investors Haven’t Forgotten About Alternative SMB Finance

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. SMB Finance.

Fraud

Fraud Capital New York City Lending

FTC Issues Annual ECOA Report to CFPB

CFPB Monitor

FEBRUARY 10, 2021

With regard to fair lending enforcement, the letter highlights two developments: The FTC brought one fair lending enforcement action in 2020 in federal court against a New York City car dealer and its general manager. Capital One, N.A. Court of Appeals for the Second Circuit in Tewinkle v.

Report

Report New York City Lending Regulation

Commercial Real Estate Insights

PopularBank

JUNE 1, 2021

Shifting Portfolio Management and Underwriting Best Practices. In the face of unprecedented disruption, lenders worked quickly to reevaluate both new business and current portfolio management. Identifying Commercial Real Estate Lending Bright Spots. Anticipated back-to-work economy to drive optimism.

New York

New York New York City Lending Industry

Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Austin

Austin Lending Omaha New York City

Are banks taking advantage of the CECL extension?

Independent Banker

OCTOBER 31, 2021

The standard allowance for loan and lease losses (ALLL) used to account for those losses didn’t offer a timely way to adjust regulatory capital. For those banks, early adoption is an option, but few if any community banks are choosing it, according to James Kendrick, ICBA’s first vice president of accounting and capital policy.

Community Bank

Community Bank Community Software New York City

A Regulatory Oversight?

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Lend exclusively over online peer-to-peer platforms.

San Francisco

San Francisco Lending New York City Online

CEO Roundtable: Ideas for a successful 2023

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Anita Drentlaw , CEO, president and CFO at $190 million-asset New Market Bank in Elko New Market, Minn. By Beth Mattson-Teig.

Community Bank

Community Bank Community Tampa North Carolina

OnDeck Adds New Small Business Lending Options

Fintech Labs Insights

OCTOBER 22, 2015

.” Pictured (left to right): Miranda Lanzillotti, Marketing Communications Manager, and Pamela Rice, Senior Vice President of Technology, for OnDeck, discussing lending APIs at FinDEVr 2014. And last month, the company teamed up with Intuit to launch a $100 million lending fund for small businesses.

Lending

Lending San Francisco New York City New York

Fintech Fundings: 18 Companies Raise $210 Million Week Ending Sep 10

Fintech Labs Insights

SEPTEMBER 10, 2015

The total included mega-rounds of $30+ million to three lending plays: FundBox ($50 mil), CommonBond ($35 mil), Orchard Platform ($30 million) and one financial-institution-supported blockchain startup: Chain ($35 mil). HQ: New York City. Powering marketplace lending. HQ: New York City.

San Francisco

San Francisco New York City Company Fintech

Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

APRIL 13, 2016

Three Finovate alums raised capital and one of the first FinovateSpring presenters, TradeKing , was acquired by Ally Financial for $275 million. HQ: Minnesota City, Minnesota. P2P lending platform. HQ: New York City. Scalable Capital. Wealth management platform. HQ: New York City.

New York City

New York City Company Fintech Minnesota

Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

MARCH 1, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 FlexScore was bought by United Capital . HQ: New York City.

New York City

New York City Company Fintech San Francisco

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. 5 million to CUneXus to expand its consumer lending platform. . 5 million to CUneXus to expand its consumer lending platform. Digtial currency management for small businesses. Wealth management. Consumer lending platform.

San Francisco

San Francisco New York City Fintech Company

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

JUNE 16, 2016

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Personal Capital. Digital wealth manager.

San Francisco

San Francisco Company South Carolina New York City

Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

JANUARY 18, 2016

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Derivative risk management. HQ: New York City. HQ: New York City. RealtyMogul took in another $18.4 HQ: Bejing, China.

Company

Company New York City Fintech San Francisco

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

JULY 12, 2016

HQ: New York City. HQ: New York City. HQ: Salt Lake City, Utah. HQ: New York City. HQ: New York City. Kikka Capital. Alt-lending. Tags: Advisors, institutions, investing, trading, risk management. Total raised: Unknown. HQ: Austin, Texas.

New York City

New York City Company Fintech San Francisco

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Jan 8

Fintech Labs Insights

JANUARY 13, 2016

The $138 million in new equity last week was 25% more than the $110 million from the same week a year ago. In addition to LoanNow, Finovate alums attracting new capital included: Gem , which pulled in $7.1 HQ: New York City. Lendful Financial. HQ: New York City. million ($44.7

Company

Company New York City Fintech Lending

Fintech Fundings: 23 Companies Raise $530 Million Week Ending July 8

Fintech Labs Insights

AUGUST 5, 2016

Lending Works. P2P lending platform. Lending Works. P2P lending platform. Consumer debt management tool. HQ: New York City. Tags: Consumer, savings accounts, investing, youth market, personal financial management, PFM, spending, Finovate alum. Source: Crunchbase. Finanzchef24.

San Francisco

San Francisco Company New York City Fintech

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

NOVEMBER 12, 2015

.” According to today’s WSJ story , the money appears to be earmarked for share repurchases, meaning it’s just a transfer of $820 million to the existing common stock holders, rather than new capital sitting on the balance sheet. HQ: New York City. HQ: New York City.

New York City

New York City Company Fintech San Francisco

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

MARCH 28, 2016

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company

Company Fintech San Francisco New York City

Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

JUNE 6, 2016

Capital Float. Working capital financing. Capital Float. Working capital financing. HQ: New York City. HQ: New York City. Online payments & cash management for small businesses. Tags: SMB, payments, accounting, treasury management, commercial banking. HQ: Sweden.

Company

Company Fintech San Francisco New York City

Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Labs Insights

MAY 15, 2015

Two FinovateSpring 2015 presenters landed big rounds: Credit Sesame raised $16 million to expand its debt management and credit tracking platform. Vouch landed $6 million to help put the “first P” back in P2P lending. Consumer credit management. Online lending ( Paidy ). HQ: New York City.

San Francisco

San Francisco Company Fintech California

Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

JANUARY 7, 2016

If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. HQ: New York City. Social media management & compliance for financial institutions . Credit risk management. Person-to-person lender . HQ: Bejing, China.

St. Louis

St. Louis social media Company Fintech

Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

DECEMBER 28, 2015

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). HQ: New York City. Investing & portfolio management. Indexa Capital.

Company

Company Fintech North Carolina California

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

MAY 19, 2016

Marketplace small business lending platform. AI for capital markets news. HQ: New York City. 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. million ($5.82

San Francisco

San Francisco Company Fintech California

Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

AUGUST 8, 2016

HQ: New York City. HQ: New York City. Tags: Institutions, underwriting, commercial lending, loans, information, BI, API. Source: Crunchbase. Platform for investing in early-stage startups. Latest round: $14.4 million Debt. Total raised previously: Unknown. Source: Crunchbase. OK Car Insurance.

Company

Company Fintech New York City blockchain

Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

SEPTEMBER 1, 2016

The fintech sector attracted $332 million in new capital the first week of August. Four of those came out of the most recent batch of companies launched from accelerator 500 Startups , where each received $125,000 in seed capital. Cloud cash and treasury management solutions. Middle market capital matchmaker.

New York City

New York City Company Fintech Comparison

17 Of The Biggest Startup Frauds Of All Time

CB Insights

MAY 23, 2019

Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: CapitalG, Goldman Sachs Investment Partners, Pritzker Group Venture Capital. Select Investors: BlackRock, Norwest Venture Partners, Sands Capital.

Fraud

Fraud Las Vegas Company Video

Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

APRIL 25, 2016

Two Finovate alums raised fresh capital: Emailage raised another $5 million for its email-based fraud prevention solutions. Aire raised an undisclosed amount to further its new credit scoring system. P2P lending platform. P2P lending platform. Automotive lending platform. Wealth managment platform.

San Francisco

San Francisco Fintech Company Lending

Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

JULY 21, 2016

Pearl Capital. HQ: New York City. HQ: New York City. Alt-lending marketplace for consumers. B2B ecommerece credit management. HQ: New York City. Banking & money management for students. Total raised: $30+ million. HQ: Surry Hills, Australia. million Seed.

New York City

New York City Fintech Company San Francisco

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

AUGUST 1, 2016

Alt-lending to small businesses. HQ: New York City. Marketplace lending analytics. HQ: New York City. Tags: Consumer, lending, peer-to-peer, credit, underwriting, investing. Fintech deals by size from 25 June to 1 July, 2016: Paycor. Online payroll system. Latest round: $45 million.

Company

Company Fintech New York City Lending

Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Labs Insights

JULY 14, 2016

HQ: New York City. Tags: SMB, lending, alt-lender, commerical loans, trade finance, billing, invoicing, cash flow. Source: Finovate. zipMoney Payments. Alt-lender and payments. Latest round: $20.6 million Post-IPO Equity. Total raised: $121.6 million (Post-IPO including $100 million Debt). HQ: Perth, Australia.

San Francisco

San Francisco Company Fintech California

Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

FEBRUARY 23, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 FlexScore was bought by United Capital . Wealth management platform.

Company

Company Fintech San Francisco Texas

Fintech Fundings: 20 Companies Raise $175 Million Week Ending Nov 6

Fintech Labs Insights

NOVEMBER 9, 2015

Two Finovate alums added capital: Roostify which picked up $500,000 from Wells Fargo’s startup accelerator to further its mission to streamline the mortgage process for consumers and Figo , a German-based firm, which banked “7 figures” to expand its suite of banking APIs. P2P lending. Expansion Capital Group.

Company

Company Fintech South Dakota San Jose

Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 5

Fintech Labs Insights

FEBRUARY 5, 2016

Private capital continued to flow into the fintech sector this week with 21 companies raising $257 million. One Finovate alum raised new cash; London’s Revolut brought in $4.8 Just five weeks into the new year, fintech companies have raised $4.25 HQ: New York City. billion in the same period last year.

Company

Company Fintech Bitcoin California

The community banks standing by hospitality customers

Independent Banker

NOVEMBER 30, 2021

We are hoping that when things return to normal that the regulators will allow us to capitalize the interest that has been deferred, because some of these guys might have difficulty catching up and paying that,” Duffy says. Hospitality lending is a natural fit for the State Bank of Texas. billion-asset, family-owned community bank.

Community Bank

Community Bank Community Texas Dallas

37 Corporate Innovation Labs In Finance

CB Insights

MAY 15, 2019

Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. DAX has also worked with the DBS Innovation Group (DiG) on Hack2hire, a hackathon that allows participants to code their way into a career at DBS, and the UNI.CORN management internship program.

Innovation

Innovation blockchain Technology Groups

Fintech Trending: Look Who’s Chasing Venmo, Student Loan Servicing Falls Short

Fintech Labs Insights

AUGUST 26, 2016

Capital One Wallet. Other news in the payments space. million fine this week for “illegal fees … and (depriving) others of critical information needed to effectively manage their student loan accounts,” according to Cordray. “IBM Opens Bluemix Garage in New York City” – Finovate.

Trends

Trends Fintech ATM Google

CRE risk management: Navigating hazards and opportunities

Lull Hits B2B FinTech Venture Capital Funding

Webinars

Trending Sources

Is your credit union ready to grow member business lending (MBL)?

Webinars

Neiman Marcus Emerges From Chapter 11

B2B Tech Startups Land Backing To Modernize The Enterprise

Wells Fargo Taps Former Mastercard Exec To Run Merchant Services

Popular Bank appoints Adam Dejak to lead Popular Mortgage

Investors Haven’t Forgotten About Alternative SMB Finance

FTC Issues Annual ECOA Report to CFPB

Commercial Real Estate Insights

Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

Are banks taking advantage of the CECL extension?

A Regulatory Oversight?

CEO Roundtable: Ideas for a successful 2023

OnDeck Adds New Small Business Lending Options

Fintech Fundings: 18 Companies Raise $210 Million Week Ending Sep 10

Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Jan 8

Fintech Fundings: 23 Companies Raise $530 Million Week Ending July 8

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Fundings: 30 Companies Raised $330 Million First Week of August

17 Of The Biggest Startup Frauds Of All Time

Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Fundings: 20 Companies Raise $175 Million Week Ending Nov 6

Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 5

The community banks standing by hospitality customers

37 Corporate Innovation Labs In Finance

Fintech Trending: Look Who’s Chasing Venmo, Student Loan Servicing Falls Short

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