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Afraid of Small Business Lending? Mid-Market Lenders Shouldn’t Be

FICO

Mid-market banks and credit unions traditionally lend to many small businesses. In fact, 75% of small businesses that are customers of small banks or credit unions are “highly satisfied” with their lending relationship, according to a survey at the Federal Reserve Bank of Cleveland. The post Afraid of Small Business Lending?

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Online Lending And A Tale Of Two Fed Studies

PYMNTS

Online consumer lending – in a variety of forms – has grown explosively over the last decade. The recent release of a study by the Cleveland Federal Reserve has managed to increase the decibel level of that debate. Cleveland’s Dark Outlook. But paired with other data, the news looks pretty grim.

Study 101
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CFPB representatives confirmed for 21st Annual PLI Consumer Financial Services Institute Chicago session

CFPB Monitor

The New York City session was held on April 4-5, 2016 (with live webcasts and groupcasts in Cincinnati, Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA).). The CFPB panelists in Chicago will be: Jeffrey Langer, Assistant Director for Installment Lending and Collections Markets. Twohig, Assistant Director for Supervision Policy.

Chicago 60
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Pandemic: No Problem. And Messages From Our Financial Services Providers

Jeff For Banks

Order online, as most restaurants will either deliver or prepare for pickup. Highlight charities and wealthier individuals that are supporting the same, such as Kevin Love of the Cleveland Cavaliers donating $100,000 to support arena workers. Keep going to them.

ATM 78
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Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News

PYMNTS

Square has announced a quick-response (QR) code-based self-service ordering function for restaurants that utilizes Square Online, allowing diners to place orders via their mobile devices. Online Auto Sales Are Where the Rubber Meets the Road. Square Unveils QR-Code Based Ordering for Eateries . Fun, Cool and Otherwise Interesting.

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Fizzle Of The Week: Economic Cooperation (The Trade Kind, That Is)

PYMNTS

Oh, and we’ve managed to peeve any number of folks in the European Union, which has a list of goods, from whiskey to blue jeans (as has been noted time and again in the press) that will be slapped with retaliation. If the potential deal goes through, Alibaba would control a large slice of the online food delivery business in China.

New York 101