PYMNTS

JUNE 26, 2018

When the Great Recession kicked off a decade ago, for a brief but memorable time, it seemed as though credit in the United States was never going to recover. Mortgage balances currently are around 68 percent of disposable income, and credit card balances are less than 7 percent of income. Student loan debt recently surpassed $1.5

Millennials 116

Millennials Lending United States Comparison 116

FICO

JUNE 1, 2023

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. Credit card lenders are not only dealing with higher loss forecasts in 2023.

Trends 52

Trends Industry US Cards 52

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. It’s not like cross-selling a credit card.” FirstBank, which has $2.3 New FHA guidelines.

Trends 70

Trends Community Lending Community Bank 70

PYMNTS

DECEMBER 28, 2018

These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year.

Millennials 145

Millennials Lending System Data 145

CFPB Monitor

SEPTEMBER 21, 2020

The activity-based exemption under consideration would exempt financial institutions with small business lending activity that is less than one of three possible threshold levels: originations of at least 25 loans or $2.5 economy through payment of taxes or use of American products, materials, or labor.

Data 125

Data Regulation Meeting Report 125

Lars Markull

JULY 1, 2020

Account transaction history for transactional accounts (such as current accounts, credit cards, loan accounts and more). Therefore, providers like FinLeap Connect or fino in Germany and ClickSwitch in the United States are offering „bank account switching as a service” to banks. Bank account number. Account balance. Guess what.

Risk Management 69

Risk Management Data Examples United States 69

Lars Markull

JULY 1, 2020

Account transaction history for transactional accounts (such as current accounts, credit cards, loan accounts and more). Therefore, providers like FinLeap Connect or fino in Germany and ClickSwitch in the United States are offering „bank account switching as a service” to banks. Bank account number. Guess what.

Risk Management 52

Risk Management Data Examples United States 52

Gonzobanker

DECEMBER 19, 2017

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club? Executioner’s Tax (Swing of the Ax) – Power Trip.

Conference 101

Conference Industry Community Bank Community 101

CB Insights

SEPTEMBER 10, 2019

Being comfortable with the idea of alternative financial systems has opened the door to a variety of innovations, from alternative investment vehicles like cryptocurrency to point-of-sale lending alternatives. Borrowing: Credit-shy millennials embrace PoS lending. Budgeting & Saving: Millennials go mobile and embrace automation.

Millennials 77

Millennials Mobile Lending Cards 77

Abrigo

MARCH 3, 2021

Fraudulent, altered, counterfeit, or stolen EIP checks, Automated Clearing House (ACH) deposits, and prepaid debit cards. Treasury check or deposits related to a prepaid debit card linked to the same address (e.g., An account holder attempts to deposit one or more checks that appear to be issued by the U.S.

Fraud 195

Fraud Payments ATM Trends 195

CB Insights

MAY 23, 2019

WrkRiot’s short-lived house of cards falls down. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Croatian-born entrepreneur Renato Libric had a singular vision: to disrupt America’s massive gift card market.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

JANUARY 3, 2017

This growth will ostensibly be spurred by heavy investments in infrastructure and also by tax cuts. But growth also hinges on access to capital, especially for small businesses, which have long been the major drivers of economic output in the United States. Maybe (that is, if the PHH ruling from October is kept intact).

Course 115

Course Capital United States Regulation 115