PYMNTS
JULY 14, 2020
“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action. The account comes with 1.30
Jack Henry
FEBRUARY 25, 2015
CEOs and Chief Lending Officers, have you ever met a young lender that seemed to see his/her shadow while out on a business development call? Then, just like the groundhog, that lender will retreat back to the burrow with nothing more than a prospect’s business card. lenders loan growth commercial lending'
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Gonzobanker
DECEMBER 17, 2021
Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Acronym of the Year. Has to be M-O-E.
CFPB Monitor
SEPTEMBER 9, 2020
Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.
Fintech Labs Insights
NOVEMBER 10, 2023
Centered around deposit and debit/charge card services Predominantly focused on consumers Primarily digitally delivered (rules out Wells Fargo, BofA, and the majority of traditional banks*) Founded since 1999 Do you run a small business :? Let’s start with our definition. Looking for small business resources?
Payments Source
APRIL 17, 2019
The Minneapolis bank reported mid- to high-single-digit improvement in those categories, but total loan growth was curbed by declines in CRE and other credit types.
Fintech Labs Insights
JUNE 11, 2015
Alt-lending platform to SMBs. HQ: Minneapolis, Minnesota. Alt-lending for the elective surgery industry. Tags: Payments, mPOS, point of sale, SMB, security, cards, merchant acquiring, Finovate alum. Latest round: $129 million. Total raised: Unknown. Source: Crunchbase. HQ: Melbourne, Australia. Latest round:$30 million.
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