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VCs Back Autobooks For SMB Banking

PYMNTS

Banks and credit unions are looking for differentiated product offerings that not only deliver value for their members, but create new revenue streams and lending opportunities.”. We are really pleased to have such a strong group of local and national investors, including VC funds and a strategic partner,” Robert said. “We

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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.” ”

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The ICBA 22/23 executive committee is all in

Independent Banker

At-large director Doug Ouellette, Chief community banking officer, Mercantile Bank of Michigan, Grand Rapids, Mich. I look forward to getting back in front of our regulators, senators and representatives for face-to-face visits to rebuild personal connections and gain their support during this year’s ICBA Capital Summit.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

capital appreciation and dividends. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. Congratulations to them. Well done!

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Market Map: 70 Auto Commerce Startups Attacking Traditional Dealerships

CB Insights

Financing & subscriptions: These startups provide financing options for car buyers, including peer-to-peer lending and online financing options. Dealership enablement: Companies here provide software that allows dealerships to operate more efficiently. Bessemer Venture Partners, SoftBank Capital, Tribeca Venture Partners.

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GonzoBanker Awards 2017

Gonzobanker

Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. It had another turd of a year.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

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