PYMNTS

NOVEMBER 12, 2020

While helpful, the availability of affordable financing for SMBs is not necessarily typical of a market in which smaller firms can struggle to access funding. And when federal funding runs dry, SMBs will continue to need financing to remain viable and thrive in a post-pandemic market. The High-Risk Perception.

Regulation 232

Regulation Capital Marketing Lending 232

PYMNTS

JULY 27, 2018

watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through the new landscape, according to a report by Reuters. has also sought clarity on regulations as a means to better compete against established banks.

Lending 102

Lending Regulation Fintech Study 102

PYMNTS

JANUARY 6, 2021

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We

Lending 323

Lending Fintech Data Comparison 323

PYMNTS

NOVEMBER 5, 2020

Ant Group 's initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. 3), one day after Beijing debuted a set of regulations that would have forced Ant Group to re-do its business model.

Groups 189

Groups Regulation Lending Financial Technology 189

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S.

Lending 233

Lending Data User Experience Fraud 233

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. Real Estate Market Outlook. Learn more.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

FEBRUARY 16, 2018

Amid the talk of filling in the small business (SMB) financing gap banks have left since the financial crisis, the rush of FinTechs, alternative and marketplace lenders coming to market may have left another business segment behind: the middle market, particularly the lower middle market.

Lending 101

Lending Marketing Analytics Capital 101

PYMNTS

AUGUST 16, 2019

Reports said the watchdog is focusing on the Chinese bank’s corporate lending operations, with unnamed sources telling the FT that the probe will include a look into HNA and Zhonghong Zhuoya and their borrowing activities with the bank.

Lending 148

Lending Regulation Operations Analysis 148

PYMNTS

JANUARY 2, 2020

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California. Rival BNPL company Afterpay ’s application was approved by the state. The company offers U.S. According to a statement by Sezzle on Thursday (Jan. ”

CA 130

CA Lending California Minnesota 130

PYMNTS

NOVEMBER 6, 2020

Davies , head of lending at Figure, will spearhead the firm’s initiatives to get a bank charter from the OCC and he will become the Figure Bank chief executive officer, according to Cagney. Financial services firm Figure Technologies, Inc. 6) announcement.

National 163

National blockchain Lending Regulation 163

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Alternative Lending. Find out how the more than $26.5 MarketInvoice. Seed funding for U.S.-based

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Late last week, the U.S.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

APRIL 12, 2019

Nonbank lending – also known as “ shadow banking ” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks. In fact, the country’s regulators have gotten tough in recent years, causing outstanding loans in the sector to fall to ¥61.3 While the U.S. trillion ($9.1

Lending 123

Lending US Comparison Regulation 123

PYMNTS

MAY 31, 2019

The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially for small businesses and startups. The market’s creation was a spark that ignited a slew of disruptive changes for the small business financial services space.

Lending 130

Lending Regulation Capital Industry 130

PYMNTS

NOVEMBER 3, 2020

3), stock exchanges in Shanghai and Hong Kong have suspended the looming IPO (initial public offering) in Ant Group, citing regulatory changes in the financial services landscape — and summoning executives including controller Jack Ma to meet with Chinese regulators at the China Securities Regulatory Commission.

Lending 199

Lending Meeting Groups Regulation 199

PYMNTS

MARCH 19, 2019

The country’s regulators have gotten tough on the shadow banking market in recent years. However, while regulators are happy to see shadow lending fade, the sector’s main borrowers — private companies — are feeling the strain. China’s $9.1 As a result, outstanding loans in the sector fell to ¥61.3

Lending 100

Lending Regulation Maine Regional 100

PYMNTS

SEPTEMBER 18, 2019

Indonesian peer-to-peer lending platform JULO is closing its Series A2 funding round with $15 million raised, after extending its initial $5 million Series A funding by an additional $10 million, according to a report. The company is able to offer low rates because it uses its own credit scoring system that utilizes alternative data.

Lending 140

Lending Fintech Capital System 140

PYMNTS

DECEMBER 30, 2019

30) said a lack of regulation in the online SMB lending arena is raising concerns over sky-high fees and interest rates, sparking a bigger conversation about expanding borrower protections beyond consumers. Yet the law treats them as sophisticated, multi-million-dollar companies.”

Lending 131

Lending Online California New York 131

Abrigo

MAY 15, 2020

Ruth’s Chris Steakhouse, Shake Shack, and the Los Angeles Lakers made headlines last month when they, along with other public companies, received the small business loan. Furthermore, the FAQ clarifies that the loans were not intended for companies with access to equity in the market. Lending & Credit Risk.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

PYMNTS

OCTOBER 1, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. Anil Ambani , group chairman of the non-bank financial company (NBFC), revealed the firm’s plans on Monday (Sept. Last month Bloomberg reported that NBFCs in India have issued $1.5

Capital 109

Capital Lending Regulation Operations 109

PYMNTS

JULY 31, 2019

China’s banking regulation is in-flux. bank has secured approval to acquire a majority stake in a Chinese securities joint venture, which, reports in Bloomberg said, Chase plans to take over completely sometime next year when Chinese regulators implement even more rule changes to the banking sector.

Lending 134

Lending Policies National Guidelines 134

PYMNTS

NOVEMBER 1, 2018

In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Regulations take shape, usually quite a bit more slowly. Online lending had some restrictions in place, where there could no longer be guaranteed returns and lenders could not cover losses via guarantees.

Lending 150

Lending Guidelines Fintech Industry 150

Jeff For Banks

APRIL 6, 2021

The first was regulator arbitrage, where a bank decides to have an activity regulated by one entity rather than another because of the perception that the chosen regulator will be less risky to them. Further, after the 2016 election, banks subject to CFPB oversight began anew with FHA mortgage lending. One can hope.

Regulation 78

Regulation Philadelphia Study Lending 78

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. Critical capital Should CRE lending be off the table? But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

SEPTEMBER 3, 2019

regulations have been working to elevate business banking competition and expand access to capital for corporate and SMB borrowers, but the latest reports from the government suggest those efforts are falling short. billion decline in net lending to companies in the month driven by the $2.43 31) said the central bank found a $5.1

Lending 116

Lending Meeting Capital Industry 116

PYMNTS

AUGUST 30, 2018

29) that the government’s efforts to spur small business lending by pumping money into the financial services market has yielded only modest success. The publication pointed to the government’s conflicting policy of stricter lending rules as one reason why efforts to boost small business loan volumes hasn’t taken off.

Policies 100

Policies Lending Regulation Community 100

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. “This is an extraordinary thing. .

Lending 152

Lending Community Bank US Community 152

CFPB Monitor

SEPTEMBER 22, 2022

The public comment period for the notice of proposed rulemaking (“NPRM”) regarding the Motor Vehicle Dealers Trade Regulation Rule (the “Rule”) closed on September 15, 2022 after the FTC declined in August to extend it.

Regulation 148

Regulation Groups Customer Experience Retail 148

PYMNTS

SEPTEMBER 12, 2016

The Securities and Exchange Board of India (SEBI) is placing pressure on the nation’s alternative lending space in a notice issued earlier this month, reports said on Friday (Sept. In its notice, SEBI has reportedly told Grex Alternative Investments Market to stop “onboarding” new investors. In the U.S.,

Lending 100

Lending Regulation Security National 100

PYMNTS

DECEMBER 8, 2019

Asset management, payments and lending are being offered by Microsoft, Amazon, eBay, Baidu, Apple, Facebook and Tencent — all which have colossal databases. BigTech’s entry into finance has had benefits, like financial inclusion in emerging markets and underbanked economies. However, there could be risks to financial stability.

Regulation 131

Regulation Data Google Fintech 131

PYMNTS

DECEMBER 10, 2018

There may also be a new federal requirement for companies to disclose beneficial owners upon a company’s incorporation. The initiative to embrace deposits comes tied to new rules governing the banking sector that looks to increase options for crowd-lending activity in the country.

Regulation 172

Regulation Fintech FDIC National 172

Abrigo

DECEMBER 21, 2016

By Eric Baxley, Chief Marketing Officer, Sageworks I visited 20 customers (banks and credit unions) across the U.S. Grow their loans, focusing on small business lending with a software solution that supports this growth. In the spirit of listening to our customers, we recently announced a new small business lending platform.

Lending 150

Lending Software Data Online 150

PYMNTS

DECEMBER 12, 2017

Demand for corporate finance helped propel China’s banks to new lending records in November, according to news from Reuters on Monday (Dec. Reuters also said the surge in new loans for November is particularly noteworthy considering regulatory efforts to impose stricter rules on the nation’s financial services market to curb risk.

Lending 100

Lending New York Regulation Survey 100

PYMNTS

MAY 2, 2018

China-based alternative small business lender China Lending Corporation released its Fiscal Year 2017 results this week, revealing financial difficulties and plans to prepare for more challenges ahead. China Lending Corporation also noted a net loss of $3.20 million, compared to $331.7 million for FY2016.

Lending 100

Lending Industry Marketing Regulation 100

PYMNTS

NOVEMBER 23, 2017

On the face of it, China’s announcement that it would open its financial markets to increased ownership by foreign companies seems a sea change. The facts are thus: Earlier this month, Finance Minister Zhu Guangyao said foreign stakes in financial companies can increase as caps are lifted, and in many cases eliminated.

Marketing 128

Marketing Lending Security Regulation 128

Perficient

MARCH 3, 2022

The Office of the Comptroller of the Currency (OCC) recently released the economic and financial market scenarios that will be used in the upcoming stress tests for covered institutions. As repeated by federal bank regulators, the required economic scenarios are not forecasts. The 3-month Treasury rate increases from 0 percent to 1.5%

Capital 294

Capital Regulation Exercises United States 294

PYMNTS

OCTOBER 12, 2020

CEO Aditya Mishra said the company has seen around 2,000 customer sign-ups in the last week or so as almost 30 percent of BitMEX's trading volume has been withdrawn by customers since U.S. regulators cracked down on the firm Oct. regulators not coming as a surprise. regulators not coming as a surprise.

Bitcoin 261

Bitcoin Compliance Lending Regulation 261