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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. • Liquidity risk management and adequacy of contingency funding plans.

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Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky

PYMNTS

And the circle of merchant life often means that, when growth is no longer attainable, there’s the ever-present vacuum of Chapter 11 proceedings clearing the detritus out of the market. Few are inevitably spared the fate in the long run. Bankruptcy. is very important to the company,” Liguori said. “We Layoffs.

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Data privacy: How to keep customer data safe

Independent Banker

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. Other states have enacted similar data privacy laws since the California Consumer Privacy Act came into effect, including Utah, Colorado, Virginia and Connecticut. By Katie Kuehner-Hebert.

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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. The second biggest round was also in the insurance arena, as Sweden’s BIMA (aka Milvik ) raised $38 million for its micro-insurance products in emerging markets. HQ: Darien, Connecticut. Fortress Risk Management.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Payments and commerce solutions for unbanked in emerging markets. HQ: Shelton, Connecticut. Social media management & compliance for financial institutions . Credit risk management. Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. Total raised: $36.9 HQ: Gurgaon, India.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

HQ: Rocky Hill, Connecticut. Tags: Advisors, institutions, investing, trading, risk management. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 HQ: San Francisco, California. Source: Crunchbase. Qingshongchou Network Technology. Source: FT Partners. Latest round: $7.5