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Why The ICBA Is Fighting Industrial Loan Charters For FinTechs

PYMNTS

An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Industrial banks are not subject to BHA. billion to more than 141,000 firms.

Industry 108
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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 143
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FinovateFall 2017 Live Blog – Day 2

William Mills

Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. They are showing three use cases, now “Whitefall Bank & Trust.”

Samsung 69
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

The “Slo Mo” Merger Award – Goes to New York Community Bancorp for its glacial wait for approval of its proposed acquisition of Astoria Financial Corp. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. From Hancock Bank’s Jennifer Wilson at FIS Connect. see [link] ).

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

The “Slo Mo” Merger Award – Goes to New York Community Bancorp for its glacial wait for approval of its proposed acquisition of Astoria Financial Corp. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. From Hancock Bank’s Jennifer Wilson at FIS Connect.

Utah 60
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House Financial Services Subcommittee Holds Hearing on “Debt Traps”

CFPB Monitor

Todd Ortique McDonald, Vice President and Board Director, Liberty Bank & Trust Company, representing the National Bankers Association. (A A representative of a community bank offering small dollar loans below 36% APR.). Flynn Endowed Professor of Law, University of Utah, S.J. Christopher Lewis Peterson, John J.