Thu.Jan 13, 2022

Alt Lending week ended 14th January 2022

Daily Fintech

Are we all becoming addicted to debt? While I have written many time about the lack of expertise in corporate, sovereign and personal debt I don’t think I have ever addressed the major problems that ultra low interest rates have inflicted upon all of us.

Citi to sell Southeast Asian units to UOB Group for $3.6 billion

American Banker

M&A Citigroup


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Trending Sources

XBRL News about case studies, structured data and Oman

Daily Fintech

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 A broader and deeper use of structured data CFA Institute recently co-sponsored the XBRL Investor Forum 2021: Data That Delivers.

Navient to pay $1.85 billion to settle deceptive lending charges

American Banker

Litigation Student loans Consumer banking

100 Pipeline Plays: The Modern Sales Playbook

For the first time, we’re sharing the winning plays that took us from scrappy startup to a publicly traded company. Use our proven data-driven plays to grow your pipeline and crush your revenue targets.

6 steps to governing intelligent automation risk


As intelligent automation among financial services companies ramps up beyond robotic process automation (RPA) bots to include new machine learning (ML) and artificial intelligence (AI) tools, risk increases. How should financial institutions address the potential risk that comes with this new tech?

Tools 69

More Trending

DailyPay goes live with digital wallet, gives users access to pre-payday funds


Payroll fintech DailyPay has gone live with its digital wallet solution, which provides users access to earned wages before payday, as well as the ability to make payments and perform real-time transfers between cards, accounts and connected institutions.

Brainard stops short of endorsing climate stress tests for banks

American Banker

Politics and policy

The next generation of energy and environment startups using data and AI to save the planet


Energy and the environment were significant threads covered at Web Summit and garner additional importance when considering the travel and accommodation footprint created by almost 44,000 attendees. It calls for greater awareness of the CO2 produced by the event and its participants.

Data 64

Dozens of M&T branches designated as 'multicultural banking centers'

American Banker

ESG Consumer banking Branch banking

Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

Retaining, Recruiting & Rewarding Top Talent in a Competitive Labor Market

Strategically Speaking

Retaining, recruiting, and rewarding employees has never been more important than in today’s tight labor market. A quick review of the labor statistics and employment challenges that banks and credit unions in the U.S. are facing quickly lays bare the need to discuss the role of appropriate incentives in maintaining a competitive advantage. Banking

Visa and Mastercard's pitch to banks: Let's collaborate on CBDCs

American Banker

Payments Regulation and compliance Cryptocurrencies

M&T Bank $350 MyChoice Premium Checking Bonus Offered Through 1/28/22


M&T Bank $350 MyChoice Premium Checking account bonus offered through 1/28/2022. Available in CT, DC, DE, MD, NJ, NY, PA, VA, and WV, based on Zip Code

NJ 83

'CashPlease': Small bank debuts alternative to payday loans

American Banker

Consumer lending Community banking Consumer banking

The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

CFPB sues debt buyer companies and their owners/officers for unlawful debt collection practices based on third-party conduct

CFPB Monitor

Revolut launches as a bank in 10 more European countries | PayPal explores launch of own stablecoin | Stocks and property will be turned into NFTs

Bussman Advisory

In conversation: the Chaos Computer Club, transparency, and data income plans


Towards the end of 2021, I spoke with Julio Santos, the technical cofounder of Fractal – creators of the Fractal Protocol – on some of the essential topics in data sovereignty, privacy, and security.

How Can Your Bank Create Brand Insistence?

The Emmerich Group

Way too many banks have spent a lot of money on brand awareness. And yet, can you even point to one customer who said I came to this bank because I just love their brand? In fact, most money spent on branding has a negative return on investment. Sadly, we’ve all been sold a bill.

Your Guide to Using Conversational Marketing to Drive Demand Generation

What is conversational marketing really about? This guide will examine the market forces at play, shifting buyer trends, how to leverage conversation marketing, and the tactics involved in adopting it for a B2B demand generation strategy.

NCUA Dips Its Toes Into The cryptocurrency Waters

New York's State of Mind

In late December, NCUA issued its most significant guidance to date on cryptocurrency, explaining in this letter to credit unions that federally insured credit unions can facilitate third-party relationships between cryptocurrency providers and their members pursuant to the incidental powers of federal credit unions. At the same time, however, it detailed some of the classic third-party […]. General crypto currency

The District Credit Union in Colorado names new CEO

American Banker

Credit unions Industry News

Sustainability Impact in Financial Services: Improvements to Four Areas

Cisco Retail

At no other time in humankind’s history has every government, business, and citizen in the world held the collective responsibility to act with determination to ensure the sustainability of our planet.

FTC settles with Dun & Bradstreet over business credit reporting errors

American Banker

Credit Regulation and compliance Small business lending

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

This week’s podcast: Pitfalls of using subscription services in the consumer financial services industry

CFPB Monitor

We look at the legal considerations that should be addressed when developing subscriptions for consumer financial products and services. After reviewing the practices addressed by federal and state automatic renewal/subscription laws and the types of products and services covered by such laws, we discuss legal requirements for subscriptions and renewals such as up-front disclosures, notification obligations, and cancellation options, federal and state enforcement actions, and private litigation.

Largest seller of stolen credit cards on dark web shuts down

American Banker

Industry News Fraud Credit cards Cryptocurrencies

Cards 46 becomes UK’s most valuable fintech at $40bn


London-based firm founded by Swiss surfing enthusiast Guillaume Pousaz overtakes worth of rival Revolut A London-based online payments company has become Britain’s most valuable private fintech business after its latest fundraising valued it at $40bn (£29bn), handing its surf-loving founder a paper fortune of around $20bn.

Bank economists see ‘blue skies’ on other side of omicron

American Banker

Economic indicators Commercial lending Commercial banking

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.