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‘I was in despair’: how lending a phone led to life savings being stolen

TheGuardian

Thief went on £9,000 spree with the victim’s money before using her Uber account to travel to Stansted If you are one of those people who keeps their debit card in their mobile phone case, has a note of their pin on their handset, or only ever uses mobile banking, you may want to rethink your setup after you read the case of Sami Souret*.

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Lending Club, Amex, Airbnb And PayPal: Why Payments Never Bores

PYMNTS

And perhaps even more impressive is that, while the top-of-the-fold news has been a neverending carnival of wonders, flipping through the metro and financial pages almost never disappoints. Lending Club’s Latest Bad News. The last several weeks of news for Lending Club suggest that there’s a little of both to be had here.

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Consumer Lending: Should Banks Do It?

Jeff For Banks

When I first read Standards Needed for Safe, Small Installment Loans from Banks, Credit Unions by the Pew Charitable Trusts that encouraged financial institutions to get back into small ticket consumer lending, I thought “what are they nuts!” So why would banks expand small-ticket, unsecured personal lending? Real estate secured.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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Your Ultimate Guide To COVID-19 Personal Loans

BankBazaar

For example, if you have a Credit Card outstanding, a loan of this nature with a low rate of interest, may make sense to clear your Credit Card dues. Rate of Interest: Repo Benchmark Lending Rate (RBLR) floating with monthly rests. 15,000 (metros) and Rs. Rate of Interest: Repo-Linked Lending Rate (RLLR) + 2%.

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High-Profile — But Secretive — Funding For B2B FinTechs

PYMNTS

Alt-Lending. Still, the investment isn’t much of a surprise, considering Deloitte and SETL partnered last month to develop a contactless payment card for Metro Bank using SETL’s distributed ledger platform. The Asia-Pacific region reigned again with two deals in Australia and Singapore, while the U.K. and the U.S.

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Director Cordray appears before House Financial Services

CFPB Monitor

Michael Capuano, who represents a large swath of the Boston metro area, raised concern that loans for the purchase of so-called “triple-deckers” (i.e., CFPB Rulemaking Hot Issues Overdrafts Payday Lending Prepaid Cards Richard Cordray TILA / RESPA house hearing'

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