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Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

Bank Innovation

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha 186
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). Payments risk & compliance management. HQ: Omaha, Nebraska. Tags: Lending, underwriting, consumer, loans, P2P, crowdfunding, investing. billion valuation. Total raised: $15.2 Total raised: $21.5

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Fintech Fundings: 22 Companies Raise $160 Million Week Ending March 11

Fintech Labs Insights

million for its SMB alt-lending service. Payroll, benefits & compliance platform for employers. HQ: Omaha, Nebraska. Tags: Consumers, SMB, lending, underwriting, investing, credit. And more telling, the number of deals is up 90% (249 vs. 130 in 2015). TradeShift added $20 million for its trade finance platform.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Alt-lending to small businesses. HQ: Omaha, Nebraska. Marketplace lending analytics. Tags: SMB, lending, credit, underwriting, payments, point-of-sale, mobile, trade finance. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5

Company 12
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FinovateSpring 2015 Sneak Peek: Part 8

Fintech Labs Insights

Sneak Peek Part 7: Avoka, CBW Bank, Cloud Lending Solutions, Context Relevant, Dealstruck, DriveWealth, Dwolla, Dynamics, Encap Security, EyeBuy, FIS Mobile, Kabbage, Knox Payments, Lending Tree, LendKey. Finaeos automates the back-office and capital raise compliance. HQ: Omaha, Nebraska. See you in San Jose!