PYMNTS

JUNE 19, 2020

In today’s top news, Congress is considering passing another round of PPP loans for certain small and medium-sized businesses (SMBs), and Alibaba and JD.com recorded record sales figures in their annual 618 shopping event. Alibaba, JD.com Net $136B In China’s Biggest Annual Shopping Event. The 18-day event delivered $136.5

Payments 141

Payments social media Tools Resources 141

Bank Innovation

APRIL 12, 2017

The marketplace lending industry is far from dead. This was the upshot from a venture capital panel at a recent Bank Innovation event in San Jose. Rather, it’s going through a reboot, which will include improved software, increased focus on regulation, and improved transparency.

San Jose 170

San Jose Lending Video Capital 170

Abrigo

APRIL 8, 2020

Many hopeful participants took to Twitter to express frustrations with their primary lenders not lending or including caveats to borrower eligibility. To meet the volume of needs, automating the lending process is important to get capital into the hands of small business owners quickly. Some have even filed lawsuits. Get Started.

Lending 195

Lending How To Resources Community 195

Perficient

MAY 26, 2021

Perficient is excited to announce that Fintech Generations 2021 , a global fintech thought leadership event that takes place June 7-11, will feature Scott Albahary, chief strategist, financial services. Hans Zandhuis, Head of Ally Lending, Ally. To register for the event, click here. Maia Bittner, Voice of the Member, Chime.

Fintech 462

Fintech North Carolina Charlotte Conference 462

Abrigo

JUNE 13, 2019

And few credit unions are involved in lending programs backed by the U.S. This is the case, despite the fact that SBA lending has gained momentum among small businesses in the past five years. Many credit unions focus on consumer credit and, therefore, have less interest in business lending, Ashbaugh noted.

Lending 150

Lending Resources Survey Risk Management 150

CFPB Monitor

AUGUST 11, 2022

The FHFA announced that Fannie Mae and Freddie Mac will require mortgage servicers to maintain certain fair lending data elements, including the borrower’s age, race, ethnicity, gender, and preferred language. The fair lending data must be stored in a searchable format, and must transfer with servicing throughout the loan term.

Lending 78

Lending Data Regulation Policies 78

Abrigo

JANUARY 30, 2024

Get your ticket now for ThinkBIG, an industry-leading learning and networking event. Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023. Don't miss news about the ThinkBIG conference and other Abrigo events.

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Conference Arizona Phoenix Fraud 195

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

Lending 129

Lending Analytics Data Security 129

PYMNTS

MAY 8, 2019

Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat predatory SMB loan contracts, reports in Bloomberg said on Wednesday (May 8). Chopra spoke at an agency forum in Washington, D.C., Chopra spoke at an agency forum in Washington, D.C.,

Lending 152

Lending Regulation Washington California 152

Bobsguide

JULY 7, 2022

Lake Mary, FL, US – June 30, 2022 – Finastra today unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS). Using APIs and event notification systems, third-party distributors can provide real-time feedback to merchants and consumers on loan status.

Lending 68

Lending Seattle Regulation US 68

BankInovation

JULY 8, 2020

9-10, an event designed to provide industry professionals the insights, strategies and best practices to automate bank functions. Produced by Bank Innovation and Royal Media, this premier industry event will take place online and feature virtual booths, breakout areas, startup […].

Innovation 78

Innovation Strategy Industry Online 78

CFPB Monitor

FEBRUARY 8, 2024

Harper spoke at a Brookings Institution event to outline his regulatory agenda and supervisory priorities for 2024. On February 6, 2024, National Credit Union Administration (NCUA) Chairman Todd M.

Lending 78

Lending National Management 78

PYMNTS

JANUARY 16, 2018

The Kansas businessman – facing a 2017 conviction for violating federal truth in lending and racketeering laws in connection with his online lending business – attempted to apologize for the $3.5 Opponents of tribal lending applaud this, noting that Tucker’s story is common and symptomatic of the trouble with the industry as a whole.

Lending 118

Lending Miami Regulation Kansas 118

Independent Banker

JUNE 30, 2022

Particularly for small businesses, community banks should make sure they use up-to-date tools to assess risk, such as relying more heavily on the owner’s personal credit, says Joel Pruis, who leads the commercial and small business lending practice at Cornerstone Advisors in Scottsdale, Ariz. Learning about lending.

Lending 103

Lending Strategy Community Bank Community 103

Abrigo

MARCH 13, 2024

A wave of pending maturity events ($2 trillion of CRE loans are reported to mature in the next years). Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes. Inflationary impacts on costs of various inputs.

Strategy 222

Strategy Course Meeting Taxes 222

BankInovation

SEPTEMBER 7, 2022

Royal Media, a leading global information provider and the publisher of Bank Automation News, has partnered with Trnsact, a top equipment finance technology provider, to present a new event for the equipment finance sector to foster meaningful industry relationships and results.

Industry 52

Industry Technology Lending 52

PYMNTS

DECEMBER 17, 2019

But even more notably, 84 percent fail due to poor cash flow management that kicks off the series of events leading to their doors closing. CircleUp’s lending platform was founded in 2017 to fill that hole and has underwritten about $300 million in loans since then. they run out of money). The first is focus.

Lending 132

Lending Data Retail Capital 132

PYMNTS

MAY 10, 2016

Renaud Laplanche , Former CEO of Lending Club, in a 2013 interview. Those were the good old days of Lending Club, a Silicon Valley darling that was the next big thing in lending. Lending Club was the poster child of that alt lending movement. I want to create something new and innovative.” He was far from alone.

Lending 100

Lending Capital Compliance Operations 100

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. The rise of FinTech offers a bit of a prism through which to view those events. As for lending to businesses, banks have still been a bit hesitant to lend to smaller firms.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

AUGUST 23, 2019

With an ambitious play into a booming financial services space that presents challenges that include fierce competition, China’s Xiaomi is reportedly gearing up to roll out a consumer lending business in India. Public concern when it comes to data privacy could “make it a bumpy road for the Chinese firm.”.

Lending 123

Lending Google Samsung Apple 123

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 88

Policies Lending Capital Study 88

Gonzobanker

MARCH 23, 2022

” As I wrote in a recent Fintech Snark Tank article, The Coming Boom In Metaverse Lending For Banks , virtual real estate sales are skyrocketing. Commercial real estate lending is the better analogy. Banks have developed a competency in evaluating real real estate lending. Enabling the Gaming Ecosystem.

Lending 103

Lending Fintech blockchain Video 103

Abrigo

JANUARY 25, 2021

Of course, conferences have looked a little different over the past year due to the coronavirus pandemic, including Abrigo’s ThinkBIG events, which went virtual in 2020. In-person attendees will enjoy the experience of live sessions, networking, dining, and other social events. Drive Growth.” ThinkBIG 2021 has something for everyone.

San Antonio 195

San Antonio Conference Lending Texas 195

BankInovation

AUGUST 4, 2020

Money20/20 announced today it is canceling its in-person events for the remainder of the year, and will instead host a virtual conference from Oct. We really wanted to make our Money20/20 Europe and USA shows happen for you this year. Unfortunately we have had to take the very difficult decision not to run our […].

Las Vegas 88

Las Vegas Conference Lending Retail 88

PYMNTS

OCTOBER 22, 2019

Recent short-term , or repo, lending issues have Sen. The cash crunch contributed to an overnight lending rate high of 10 percent. These rules were designed to ensure that banks have enough cash on hand to meet their obligations in the event of another market crash,” Warren wrote.

Lending 101

Lending Regulation Taxes cryptocurrency 101

BankUnderground

JULY 6, 2020

To examine how lenders account for extreme weather, we compare matched repeat mortgage and property transactions around a severe flood event in England in 2013-14. Properties across the world are exposed to long-term risks of extreme weather events such as hurricanes, flooding and fires. As a result valuations are biased upwards.

Regional 60

Regional Policies Lending Marketing 60

BankInovation

JUNE 3, 2020

This premier industry event will feature virtual booths, […]. Bank Innovation is proud to announce the Bank Innovation Build 2020 Virtual Experience, designed to provide industry professionals the insights, strategies and best practices to propel their innovation teams to success. 9 and 10 online.

Innovation 64

Innovation Strategy Industry Online 64

PYMNTS

OCTOBER 7, 2020

The firm will allow users to earn as much as 10 percent per annum of the lending service’s charge over a timeframe that spans a couple of weeks in October. It has rushed to restore confidence as it has put forward a number of security updates regarding the event.

Bitcoin 171

Bitcoin Lending blockchain cryptocurrency 171

CFPB Monitor

FEBRUARY 23, 2021

The New York Department of Financial Services (DFS) recently announced that it has entered into an agreement with Hunt Mortgage , a licensed mortgage banker, to address the DFS’s findings that there was a “demonstrable lack of lending to minorities and in majority-minority neighborhoods in Western and Central New York by Hunt Mortgage.”

New York 78

New York Lending Report Policies 78

CFPB Monitor

OCTOBER 10, 2016

On October 13, 2016, the Brookings Institute will hold an event in Washington, D.C. ” In discussing regulation and policy, speakers could address CFPB larger participant rulemaking for installment/marketplace lenders and other concerns raised by regulators concerning marketplace lending. .”

Fintech 60

Fintech FDIC Policies Washington 60

PYMNTS

MAY 20, 2016

In the latest chapter of the Lending Club drama, on Thursday (May 19), it came to light that New York’s highest-ranking financial regulator has launched an official inquiry into the online alternative lender. The newest inquiry, according to WSJ , is not related to the events that led directly to the departure of CEO Renaud Laplanche.

Lending 100

Lending Regulation New York Course 100

Abrigo

NOVEMBER 8, 2019

Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. How Stress Test Results Can Yield Better Lending, Credit, and Risk Decisions. How to take the “stress” out of stress testing. Learn More. CECL Accounting. Learn More.

Lending 150

Lending Risk Management Analysis Capital 150

Bank Innovation

OCTOBER 24, 2018

LAS VEGAS - The CEOs of Prosper Marketplace, Lending Club, and Social Finance Inc. JPMorgan Chase has predicted a 60% chance of recession by 2020, and it’s not clear how traumatic an event it will be […]. all spoke to a common theme – preparing for the coming storm and choosing loans for quality, not quantity.

Las Vegas 210

Las Vegas Lending Capital Compliance 210

PYMNTS

JULY 31, 2018

The P2P lending market is big business in the U.K. marketplace lending, the country’s P2P lending industry had hit £9 billion in loan originations from the group’s members as of Q1 2018. However, we do expect firms to have effective processes in place aimed at eliminating lending that is foreseeably unaffordable.”.

Lending 100

Lending Regulation Industry Report 100

Bank Innovation

APRIL 19, 2017

Among the endless rows of tech startups from all imaginable industries– from rideshare, to edtech, and beauty– seven fintechs rose to show off their latest during the TechDay event in New York yesterday. Blockchain, robos, lending, investment and more — checkout the roundup of the fintech startups from TechDay NYC below.

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Fintech New York blockchain Lending 294

PYMNTS

JANUARY 22, 2021

22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. However, others piled on risk, he said, lending long-term loans while also raising short-term cash. The Reserve Bank of India , according to the Friday (Jan.

Regulation 272

Regulation Capital Lending Groups 272

Abrigo

AUGUST 30, 2022

You might also like this webinar on commercial lending strategy. The lack of alternative options in a rising-rate environment may be a factor when deciding to expand into commercial lending. The institution then deduces the types of events that could lead to such an outcome. CRE Lending. Lending & Credit Risk.

Strategy 195

Strategy Lending Risk Management Analysis 195