CFPB Monitor

MARCH 15, 2022

Given such continuing threats, non-bank participants would be well-advised to revisit their vulnerability to “true lender” challenges and their compliance with state licensing laws. Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado. The DFPI is not alone in asserting a “true lender” claim.

California 78

California Innovation Utah West Virginia 78

PYMNTS

OCTOBER 19, 2016

He noted that the rule covers many of the more than 15 different types of prepaid card products in the market, including non-reloadable prepaid cards and other card products that consumers don’t rely on as their primary transaction account. . “We First National Bank of Pennsylvania, the largest subsidiary of F.N.B.

Regulation 100

Regulation Cards Digital Banking social media 100

Fintech Labs Insights

JANUARY 3, 2017

Starting in 2017 former Microsoft executive Jeremy Korst will be the man driving the message at tax compliance innovator and FinDEVr alum , Avalara. The Seattle-based company announced this week that Korst will join Avalara as its new chief marketing officer and executive vice president.

Marketing 15

Marketing Seattle Taxes Pennsylvania 15

CFPB Monitor

JANUARY 28, 2016

An attempt by the Pennsylvania Attorney General to use her Dodd-Frank Section 1042 authority recently met with only partial success in Pennsylvania federal district court. The AG’s action in Commonwealth of Pennsylvania v. Think Finance, Inc., For more information about the decision, see our legal alert.

Pennsylvania 60

Pennsylvania Compliance Payments Regulation 60

PYMNTS

OCTOBER 1, 2018

There were also warnings that a “patchwork” of privacy laws across various states would hurt businesses, as well as concerns that compliance costs could also do harm. Meanwhile, smaller firms are attempting to seize the moment.

Online 100

Online Data Pennsylvania Florida 100

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” The DOB indicated that such loans have interest rates greater than 90 percent.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

OCTOBER 2, 2018

There were also warnings that a “patchwork” of privacy laws across various states would hurt businesses, as well as concerns that compliance costs could also do harm. Meanwhile, smaller firms are attempting to seize the moment. Many of the apps that do exist are clunky and difficult to use; user experience needs to improve.”

Data 189

Data Online Google social media 189

Gonzobanker

DECEMBER 14, 2023

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

Fintech 194

Fintech Community Regional Technology 194

Jeff For Banks

NOVEMBER 24, 2019

The Bank's Rise McConnell came to the bank in 1977 from McKeesport, Pennsylvania. The government guarantee allowed for a secondary market in these loans. The bank, or more accurately its mortgage subsidiary, eventually run by Church, packaged these loans, securitized them, and sold them on the secondary market. They kept some.

National 78

National West Virginia Virginia Pennsylvania 78

Jeff For Banks

AUGUST 29, 2012

This was one of the points made by Lisa Schultz of Stifel, Nicolaus, Weisel, an investment banking firm that specializes in FIs, at a recent Pennsylvania bankers conference. Therefore, all of the action to attract capital was in the institutional market. Maximize retained earnings to reduce the need to visit the capital markets.

Capital 82

Capital Retail Pennsylvania Community 82

Jeff For Banks

DECEMBER 29, 2015

Special thanks to the Compliance folks on the 12th floor for this little gift of long-term holds! All because, what, Compliance determined that there might be a regulatory risk on large check deposits after the money was collected ? Community banks continue to be market-share challenged against my and other SIFIs.

Community 60

Community Community Bank Pennsylvania Policies 60

FICO

JANUARY 25, 2022

This has allowed us to manage our credit policy with a single underwriting team, and yet allow for local market risk needs.”. A new report released today by FICO and market intelligence firm Corinium, entitled The State of Responsible AI , finds that most companies are deploying AI at significant risk. The short answer: not great.

Management 52

Management Analytics Survey Data 52

FICO

AUGUST 16, 2022

Our data shows that more than half (53%) of skimming incidents happened in California, with another 23% happening in New York, Pennsylvania and Maryland. Debbie has 25 years product management and product marketing experience in fraud management and financial services.

Fraud 52

Fraud Cards Oakland ATM 52

Fintech Labs Insights

JANUARY 7, 2016

Social media financial compliance specialist Gremln raised $1.4 Payments and commerce solutions for unbanked in emerging markets. HQ: Philadelphia, Pennsylvania. Social media management & compliance for financial institutions . More than half the total ($46 million) went to Chinese P2P lender Weijinsuo. .

St. Louis 12

St. Louis social media Company Fintech 12

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water? Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water? Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

OCTOBER 3, 2016

Added to its Compliance Document Management Solution, CertCapture. Enlisted to Marketo for new marketing solutions. Introduced compliance solution to help meet new FRTB requirements. Selected by Aberdeen Asset Management to value hard-to-price assets for positions with limited market data. Authy ( FD15 ). Mitek ( FD15 ).

San Francisco 18

San Francisco Taxes Lending Colorado 18

Fintech Labs Insights

APRIL 30, 2015

Finaeos automates the back-office and capital raise compliance. Onovative’s powerfully simple marketing automation software helps financial institutions meet the challenge of cross-selling current customers. HQ: Valley Forge, Pennsylvania. See you in San Jose! Why it’s great. Founded: 2015. Why it’s great.

San Jose 12

San Jose Las Vegas California Tucson 12

Fintech Labs Insights

APRIL 4, 2016

HQ: Fort Washington, Pennsylvania. Tags: Consumers, SMB, lending, loans, underbanked, unbanked, emerging markets, credit, credit score, underwriting. Mortgage loan quality & performance maagement software. Latest round: $10.03 Total raised: $22.46 Source: Crunchbase. Consumer investing service. Latest round: $10 million Seed.

New York City 12

New York City Company Fintech California 12