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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Mortgages and Credit Cards and Student Debt…. Mortgages ?

Lending 148
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Military Lending Improvement Act of 2018 Introduced in the U.S. Senate

CFPB Monitor

Bill Nelson (D-Florida) introduced S. 3334 captioned “ The Military Lending Improvement Act of 2018” in the United States Senate to “expand and improve” credit protections afforded to service members by the Military Lending Act (MLA) and the Fair Debt Collection Practices Act (FDCPA). On August 1, 2018, Sen.

Lending 84
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B2B Investors Get Smart About Business Intelligence

PYMNTS

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Investors placed more than $136.5 The rundown of the latest funding rounds is below.

Analytics 105
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2019 FICO Decisions Awards Winners Announced!

FICO

Our winners have innovated in lending, supply chain optimization, customer management, debt collection, fraud and financial inclusion. Fraud & Security. The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. by Nikhil Behl.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

She is responsible for ensuring the organization’s consumer loan, credit card and retail SME portfolios are performing in line with targets and KPIs, leading the digital transformation in retail credit systems and leveraging the advanced analytics and decision analytic capabilities in retail credit decisions and processes. Nikhil Behl.

Meeting 52
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Possible Finance Personal Loans Review

MyBankTracker

APRs are lower than predatory lending options. Possible Finance provides its loans to people with poor or no credit, which means it takes on more lending risk than a traditional lender that looks for customers with strong credit history. Similarly, using a smaller portion of your credit cards’ limits will increase your score.

Texas 52
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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

London beat that this week with 5, followed by 3 in NYC, and 2 each from Chicago, Florida and Germany. HQ: Daytona Beach, Florida. Tags: Consumer, banking, payments, deposits, loans, debit card. The deals were widely dispersed around the world, with only 4 of the 30 headquartered in California. billion, more than twice the $6.7

Company 12