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Evaluating New Tech Investments – Let the Purpose Define Your Strategy

Jack Henry

Investments in financial technology have been increasing for years, but the events of the last 18 months have created a new sense of urgency for community banks and credit unions to fine-tune their digital strategies across the spectrum of various fintech investments.

Strategy 148
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FTC to host June 9 forum on marketplace lending

CFPB Monitor

The interest of federal regulators in marketplace lending continues to grow. In July 2015, the Treasury Department issued a request for information regarding online marketplace lending and, in February 2016, the FDIC published an article highlighting the risks for banks that partner with marketplace lenders. .

Lending 60
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10 Top Banking Podcasts You Should be Listening to

Abrigo

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Lending & Credit Risk. Financial Businesses. And all release a new episode at least monthly. NextGen Banker 10.

Community 195
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. “We The Response.

Lending 135
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Finovate Fall 2016 Live Blog – Day 2

William Mills

You can look at life events such as marriage, credit card, new job, etc. International lending platform – Create opportunities for Investors. Regulated Financial Institution. 2015 formed aspire to address inefficiencies in alternative lending market. Larger banks want an API and dig-down. All options are possible.