article thumbnail

Potential Facebook Crypto Launch Pushes Bitcoin Over $9,000

PYMNTS

Analysts say that the participation of companies like Facebook and AT&T lends the crypto space an air of legitimacy that helps to distance it from views that it’s only used for criminal activity, or untrusted trading. As for AT&T, it recently partnered with BitPay to begin accepting crypto payments.

Bitcoin 136
article thumbnail

Experts May Overestimate SMBs’ Understanding Of Cyber Threats

PYMNTS

A new white paper from QuickBridge found an estimated 50 percent of small businesses that fall victim to a cybercrime are unable to recover and, as a result, are forced to shutter their doors. . Yet, the data suggests that small businesses may not be aware of the risk they face from cybercriminals.

Training 184
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can FinTech Walk The FinTalk?

PYMNTS

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain.

Fintech 183
article thumbnail

New plaintiffs join lawsuit against CFPB for delaying Section 1071 implementation

CFPB Monitor

In May 2017, the CFPB issued a RFI and a white paper on small business lending in conjunction with a field hearing on small business lending. In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations.

article thumbnail

CA Reinvestment Coalition sues CFPB for delaying Section 1071 implementation

CFPB Monitor

In May 2017, the CFPB issued a RFI and a white paper on small business lending in conjunction with a field hearing on small business lending. In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations.

CA 68
article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. They should have been investing in fintech growth businesses and they had the capital to do it.” Grab some popcorn and watch.

Fintech 194
article thumbnail

Have we checked out of business banking?

Jeff For Banks

That Act did not permit national banks to lend on real estate. Times changed, however, and banks were permitted to do real estate lending, and these loans became twenty five percent of bank loan portfolios after World War II. But we as bankers have played a role in the decline of business lending.

Lending 60