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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Provident Financial Services, Inc. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Acquisition of the Year: The No Time to Breathe Award.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others.

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FinDEVr APIntelligence

Fintech Labs Insights

Building new financial technology? Mark your calendars for our spring developer event in New York, March 29 and 30, FinDEVr 2016 and check out the first round of FinDEVr New York presenting companies. Developer news: Financial Services blog describes why 2015 is time to open source finance.

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37 Corporate Innovation Labs In Finance

CB Insights

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Deutsche Bank has innovation labs in Silicon Valley, London, Berlin, and most recently, New York (opened in 2017).

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FinovateFall 2017 Live Blog – Day 2

William Mills

Check back for new updates throughout the day. Digital banking solutions for community banks and credit unions. I believe it, but it’s still bad news. These folks are New York-based and I don’t think I’ve seen them before. An industry leader in lending and benchmarking solutions for financial institutions.

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