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FinTech Acquisition Scores CardConnect Deal Before Money Dries Up

Bank Innovation

FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission. The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing platform. FinTech Acquisition Corp. Terms of the deal were not disclosed. had Read More.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Security Bank Midwest. Security Bank. So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. Ag Lender Score. Red River State Bank.

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Ballard Spahr attorneys to moderate and speak at PBI Consumer Financial Services and Banking Law Update on Oct. 29

CFPB Monitor

PBI’s Consumer Financial Services and Banking Law Update will take place on October 29, 2019, in Philadelphia (and by simulcast in Allentown, Bellefonte, Butler, Chambersburg, Easton, Mechanicsburgh, Pittsburgh, West Chester, and York, Pennsylvania). Data Security and Privacy developments. The CFPB, FTC, FCC, DOJ, FRB, FDIC and OCC.

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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. The move comes in the face of growing evidence that the loans they have sold and secured have not quite performed up to par. ” Will those securities pay?

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

The other panel, which I will moderate, is titled “The Rapidly Evolving Landscape for FinTech” and will examine the legal issues facing users of aggregated data and data providers, the use of Artificial Intelligence (AI) and Blockchain, and the legal challenges facing marketplace lenders (including Madden and “true lender”).

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PLI 24th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

PLI’s 24th Annual Consumer Financial Services Institute will take place on March 25-26, 2019, in New York City (and by live webcast and groupcast in Philadelphia, Pittsburgh, and Mechanicsburg, Pennsylvania, and New Brunswick, New Jersey); on May 20-21, 2019, in Chicago; and on December 9-10, 2019, in San Francisco (and by live webcast).

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The top-performing community banks of 2021

Independent Banker

The Philadelphia Trust Company. Philadelphia. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. A: We have been fortunate to develop deep partnerships with some great fintechs. Brazos National Bank. First Federal Bank, A FSB. Tuscaloosa. Allied First Bank, SB. Nebraska State Bank. Neighbors Bank.