Remove Comparison Remove Lending Remove Online Remove Taxes
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Axos Invest Review: Automate Your Investment Portfolio

MyBankTracker

Compared to other online brokerages, Axos Invest is different in its approach. Tax loss harvesting and unlimited automatic rebalancing. That’s higher than some online brokerages that allow you to open an account with $0. Some online brokerages tier their accounts. Investors who have at least $500 to open an account.

Taxes 52
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The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)

PYMNTS

Other prepaid accounts covered by the new rule include: payroll cards; student financial aid disbursement cards; tax refund cards; and certain federal, state, and local government benefit cards such as those used to distribute unemployment insurance and child support.

Cards 189
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Assessing Global Cash Flow Post Pandemic

Abrigo

Takeaway 1 Global cash flow can provide a more holistic lending picture as lending decisions have become more complex. Many financial institutions use global cash flow analysis in their lending process. A common misstep seen in lending departments is the belief that a guarantor improves an applicant’s credit quality.

Analysis 195
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. The old borrow short, lend long strategy. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78
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Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Designed for borrowers with no credit.

Idaho 52
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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

Lending marketplace targeting Hispanic-owned small businesses. Tags: Enterprise, fraud, security, online banking, payments, API, developers, big data. Source: Crunchbase. Bread Finance. Unsecured consumer financing of purchases. Latest round: $14.3 million Series A. Total raised: $14.3 HQ: New York City. Source: Crunchbase , WSJ.

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Innovation in the Asset Management industry

Tefkin

Companies such as Betterment (disclosure, Anthemis is an investor & I am a customer) make investing in a diversified portfolio of ETFs easy and provide additional services such as automated rebalancing and tax optimisation. On the other end of the scale (Alpha), access to alternative assets has become easier with the JOBS act.