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London FinTech Glint Pay Launches Gold-Backed Debit Card

PYMNTS

A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. Glint Pay is an agent of Sutton Bank , and all of the accounts are regulated by the Federal Deposit Insurance Corporation. They lend out more than they have.”. office is in Boulder, Colorado.

Cards 191
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Greenline Ventures Launches New Small Business Fund

PYMNTS

Denver-based Greenline Ventures is opening up a new fund to help finance small businesses in the U.S. Greenline pointed to the retreat of banks in the SME lending space as adding to the struggle for small business owners to access financing. The company revealed Tuesday (Feb. Bancorp Community Development Corporation.

Denver 100
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CFPB schedules October 7 field hearing on arbitration; Alan Kaplinsky to represent industry

CFPB Monitor

The CFPB has announced that it will hold a field hearing about arbitration in Denver, Colorado on October 7, 2015 and has asked Alan Kaplinsky, Practice Leader of Ballard Spahr’s Consumer Financial Services Group, to represent industry at the hearing.

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Education: By Popular Demand

Independent Banker

It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. Many have been bankers themselves and sometimes industry regulators or attorneys. 11–14, 2016, in Denver. Consumer Lending Institute. 25–30 in Denver.

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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

The old borrow short, lend long strategy. Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources.

FDIC 78
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The Thinker

Independent Banker

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. To combat the decline in the bank’s loan-to-deposit ratio, Hartings actively sought out new opportunities in lending.

Ohio 70
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Data Architecture: 10 Reasons Why It Should Be In Your Strategic Plan

South State Correspondent

On top of business intelligence, a bank needs to answer to the regulators to run a business. ” Once the data is cleaned and homogenized, it can be used throughout the organization, such as a CRM system, core system, in marketing, payments, lending, or any other product.

Data 195