PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Late last week, the U.S.

Lending 150

Lending Fintech Data Wyoming 150

Lex Sokolin

JANUARY 14, 2021

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing American financial regulation is an alphabet soup, and has grown out of politics and crises. Here it is. Don’t get us wrong.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing American financial regulation is an alphabet soup, and has grown out of politics and crises. Here it is. Don’t get us wrong.

America 52

America Wyoming National Capital 52

Independent Banker

DECEMBER 29, 2015

Nearly one year after the Basel III capital rules went into effect, community bankers say that now recognize just how much more complex and how much more difficult this new set of capital rules will make life and business for them if they remain in place. Kim DeVore, chief financial officer for Jonah Bank of Wyoming, in Casper, Wyo.,

Community Bank 70

Community Bank Community Capital Lending 70

Independent Banker

FEBRUARY 24, 2016

Talk about your captive regulator! Even more obviously absurd, one provision would allow community credit unions in seven states—Montana, Alaska, Delaware, North Dakota, South Dakota, Vermont and Wyoming—to serve their entire state. When credit unions say “jump,” the NCUA says, “how high?”.

South Dakota 70

South Dakota North Dakota Montana Wyoming 70

Lex Sokolin

SEPTEMBER 23, 2020

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. Instead, it is replacing payday lending as an industry. Just referring customers to capital sources. But Chime is even further removed from any actual capital. billion valuation.

Capital 52

Capital Software Lending Apple 52