Remove Cards Remove Lending Remove National Remove Oregon
article thumbnail

Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. The company has a partnership with Amazon in which it lends to customers with low credit scores. On Monday (Nov. Synchrony said it was a mistake. “We

Data 130
article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

PYMNTS

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Nikki Smith, a baker and caterer in Oregon, collected $96. bank profits are expected to sink. About 300 SMBs Received Less Than $99 In PPP. 11) announcement.

Arkansas 152
article thumbnail

AltFin Proves Its Staying Power With Asian Investors

PYMNTS

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Alternative Lending. Capital Match.

Capital 135
article thumbnail

Democratic Senators expected to introduce bill requiring CFPB registration of lenders making small-dollar loans

CFPB Monitor

A group of Democratic Senators led by Oregon Senator Jeff Merkley is expected to introduce the “Stopping Abuse and Fraud in Electronic Lending Act of 2016” or “SAFE Lending Act of 2016.” ” In addition, the bill includes a ban on overdraft fees on general use prepaid cards.

Oregon 60
article thumbnail

5 ways AI can improve customer service

Independent Banker

In addition, AI enabled Sunwest to pursue its specialty of solar lending. For example, a bank may feel comfortable allowing a VA to solve a login problem, while situations like a lost card are solved by an empathetic human. For example, Gopal says there is a growing focus on automated lending. Because the $2.3

article thumbnail

The Mother List of All Banking Books

Jeff For Banks

A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. House of Cards: A Tale of Hubris and Wretched Excess on Wall Street 2009 William D. The Courage to Act: A Memoir of a Crisis and Its Aftermath 2015 Peter L.

America 78