PYMNTS

AUGUST 8, 2017

After what can best and only be described as a rough run for the last year or so for the team at Lending Club, things appear to have picked up some as of the marketplace lender’s latest quarterly earnings report. The loans were later repurchased by Lending Club. Lending Club reported a net loss of $25.5

Lending 100

Lending Leadership Conference Groups 100

CFPB Monitor

DECEMBER 22, 2016

Yesterday, several national civil rights groups issued a joint statement applauding the CFPB’s work and expressing support for Director Cordray “as he continues to lead the CFPB in the fourth year of his five-year tenure.” ”

Groups 60

Groups Leadership Community National 60

PYMNTS

JANUARY 27, 2017

26) it made a $30 million investment in Bitfury Group, the bitcoin and blockchain infrastructure provider. Bitfury Group is one of the big players in providing bitcoin and private blockchain infrastructure, as well as serving as a transaction processing company.

Groups 100

Groups Fintech blockchain Bitcoin 100

CFPB Monitor

JUNE 9, 2022

We first share our perspective on Director Chopra’s approach to his leadership role and use of the CFPB’s authority, his priorities, and political dynamics impacting the CFPB. Click here to listen to the episode,

Leadership 78

Leadership Groups Lending Fintech 78

Perficient

MAY 28, 2020

The Pega team consists of a rational, forward thinking, and extremely dynamic group of people who strongly believe in doing the right thing,” Udy Sharma , Director, Automation continues. As a result, you get to know everyone in the group really well and will most likely work with them all at some point.

Leadership 467

Leadership Groups DC Management 467

PYMNTS

FEBRUARY 7, 2019

While there were many provisions to the payday lending rules as originally passed, the one that caused the greatest controversy was the “ability to repay” provision that would have required short-term lenders to establish a borrower’s ability to repay before offering them a small-dollar, short-term lending product.

Lending 100

Lending Regulation Online Leadership 100

CFPB Monitor

JANUARY 28, 2021

In Part II of our two-part podcast, we look at the recommendations in the Taskforce’s report concerning the use of principles-based (rather than prescriptive) regulations and CFPB licensing of non-depository institutions providing lending, money transmission or payment services. To listen to the podcast, click here.

Leadership 78

Leadership Lending Regulation Groups 78

PYMNTS

JANUARY 2, 2019

The company will offer crowdfunding and lending as it tries to distance itself from a year of scandals, including the murder of two female passengers. The services include wealth management tools, credit, lending and crowdfunding for serious illnesses.

Lending 183

Lending Leadership Apple America 183

Abrigo

SEPTEMBER 16, 2016

It is crucial for leadership at a bank to understand how the bank compares on key metrics to those institutions considered peers. You may be surprised, for example, to find that your institution has the highest ratio of Nonaccrual Loans to Total Assets in your peer group. Select other banks with similar business focuses.

Analysis 150

Analysis Leadership Groups Case Study 150

Bobsguide

OCTOBER 7, 2022

Helen joins from Natwest Group, where she was a member of the executive team and held the position of Chief Human Resources Officer. Based at Finastra’s HQ in Paddington, Helen is a key member of the Finastra Executive Leadership Team, reporting to CEO, Simon Paris. She also serves as a mentor for the FTSE 100 Mentoring Foundation.

Leadership 122

Leadership Software Resources Lending 122

CFPB Monitor

AUGUST 20, 2019

Brown criticizes the Bureau’s inaction, and mirrors much of the criticism lodged by various consumer advocacy groups in an August 12, 2019, letter to the Bureau “call[ing] on … [it] to request an end to [the] court-ordered stay.”

Compliance 87

Compliance Groups Ohio Texas 87

CFPB Monitor

MARCH 9, 2021

Providing further confirmation that the CFPB plans to ramp up its enforcement efforts under its new leadership, the CFPB is recruiting one or more attorneys from other federal agencies to work in its Office of Enforcement.

Leadership 78

Leadership Policies Lending Regulation 78

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. People show up collectively to win and want to win together by working as a team.

Industry 221

Industry Conference Meeting Maine 221

PYMNTS

MAY 22, 2018

Last year, Kabbage raised $250 million from Softbank Group Corp to help it add lending products and other types of financial services. In addition, Kabbage sells its lending technology to large banks that want to offer credit online. billion.

Payments 101

Payments Lending Atlanta Leadership 101

Independent Banker

AUGUST 31, 2021

Reiling adds that bank leadership needs to be bold enough to try things out and possibly fail, which is why Sunrise Banks implemented the 90-day check-in. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. “You

Community Bank 170

Community Bank Community Lending Leadership 170

Gonzobanker

JANUARY 11, 2024

In November, my partner Steve Williams wrote about the pillars of Smarter Bank leadership. Most of us could quickly figure out who is responsible for major components of profitability—lending and deposit growth, credit quality, wealth advisory growth, fee income and fraud mitigation, to name a few—by looking at the names on an org chart.

Leadership 78

Leadership Management Examples Groups 78

PYMNTS

APRIL 13, 2018

Alibaba Group led the investment, which also saw participation from Temasek and Suning; the funds will be put toward accelerating company expansion and building out its partnership network. The company said it plans to use the investment to expand geographically, strengthen its leadership team and focus on technology development.

Lending 129

Lending blockchain Capital Software 129

Independent Banker

JANUARY 31, 2022

approached him about a leadership position in 2013. Williams reconsidered and became CEO of Southern Bancorp, a group of three community development financial institutions (CDFI): Southern Bancorp Inc., Relyance is working to increase its mortgage lending but sometimes isn’t able to make loans for some customers.

Community Bank 172

Community Bank Community Leadership Arkansas 172

CFPB Monitor

FEBRUARY 11, 2021

The publication of Mr. Uejio’s statement to CEEA follows the publication of his statements to the Bureau’s Division of Supervision, Enforcement, and Fair Lending and Division of Research, Markets, and Regulations. Ramp up our coordination efforts with other agencies to provide help and information to at-risk homeowners and renters.

Company 148

Company Report social media Community 148

PYMNTS

APRIL 6, 2020

Today, the company continues to operate in compliance with an asset cap imposed by its regulator due to actions of past leadership. While we are actively working to create balance sheet capacity to lend, we are limited in our ongoing ability to use our strong capital and liquidity position to extend additional credit.

Resources 162

Resources Leadership Regulation Compliance 162

PYMNTS

DECEMBER 5, 2016

Australia’s bourgeoning alternative lending scene saw new investment Friday (Dec. The small business lending startup secured the funding from Thorney Investment Group in the form of equity investment sometime last month, reports said. 2) when reports emerged that Timelio raised more than $3.7 million (A$5 million).

Marketing 100

Marketing Charlotte Lending Leadership 100

PYMNTS

OCTOBER 7, 2019

Khosla will still handle the leadership of the overall group as well as OakNorth Bank, which mostly handles lending for middle-sized businesses. “I’ve always been heavily involved in both the bank and the platform — having someone smarter than me fully dedicated to the platform now is a good idea.”.

Google 123

Google Leadership Lending Groups 123

CFPB Monitor

SEPTEMBER 20, 2018

Ranney, former Examiner-in-Charge at the CFPB, and Mr. Willis, who chairs Ballard Spahr’s Consumer Financial Services Litigation Group, discuss the CFPB’s findings regarding debt collection, payday loans, automobile servicing, and small business lending. To listen and subscribe to the podcast, click here.

Leadership 68

Leadership Groups Lending Report 68

South State Correspondent

MARCH 13, 2023

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets. Notably, most community banks’ duration risk is in the loan portfolio.

Risk Management 221

Risk Management Management Community Bank Community 221

Filene

NOVEMBER 23, 2016

One thought that came to the surface was that I wanted to thank all credit unions for their leadership through serving their communities. The 10 characteristics of effective, caring leaders, through the lens of servant leadership have been described as: Listening. Persuasion. Conceptualization. Stewardship.

Leadership 28

Leadership Community National US 28

Gonzobanker

FEBRUARY 29, 2024

As a trusted executive team, talk through what type of “ROL” or return on leadership the priciest folks in the organization are working. As banks invest in new lending, analytics, risk and CRM systems, leaders need to be demanding jerks and insist that all team members use the darn tools and realize the benefits of workflow automation.

Tools 166

Tools Analytics Data System 166

PYMNTS

MARCH 5, 2019

According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. The company also plans to double its size to more than 200 employees and expand its leadership team.

Capital 116

Capital San Francisco FDIC Leadership 116

PopularBank

SEPTEMBER 23, 2020

Joseph Culotta Brings More Than 18 Years of Leadership and Wealth Management Expertise to Popular Bank. Culotta will lead the Popular Investments group with more than 18 years of industry and wealth management experience and will report to Matthew Ford, Managing Director, Wealth Management and Private Banking.

Management 52

Management Leadership New York New Jersey 52

CFPB Monitor

AUGUST 7, 2019

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” Under former Director Cordray’s leadership, the CFPB took action against structured settlement and pension advance companies.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

PYMNTS

JANUARY 17, 2017

While CAN Capital’s decision to bring on DeMeo initially proved a positive one, leading to hundreds of millions in debt financing, its decision to position itself against newer alternative lenders meant a change in its lending process. WSJ isn’t the first to make this connection. Late last year, American Banker drew similar conclusions. “As

Capital 100

Capital Lending Leadership Policies 100

The Emmerich Group

JULY 16, 2020

I’m always astonished how difficult we make the chief lending officer’s job. A Chief Lending Officer Case Study [VIDEO] appeared first on The Emmerich Group. Continue Reading. The post Are You Properly Utilizing Your Team’s Skills?:

Case Study 28

Case Study Video Study Lending 28

Independent Banker

JANUARY 31, 2022

If a teller is interested in learning about lending, don’t wait for a job opening. Enroll them in a training course or give them a special lending project. When they’re finished, they may not move straight into a lending position, but they’ll be able to better articulate lending issues to customers.

Lending 91

Lending Community Millennials Training 91

Jeff For Banks

DECEMBER 10, 2023

Although the 2022 Top 5 are holding their own and two of them remain in today's Top 5, the 2021 edition included one bank that failed (SVB Financial Group) and one that is voluntarily liquidating (Silvergate). Holding was elected Chairman and President of First-Citizens Bank & Trust, a family legacy of leadership that lasts to this day.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

Independent Banker

DECEMBER 1, 2021

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. It’s a CDFI, which means that 60% of lending is made to low- and moderate-income customers or underserved communities. Photo: Ashley Courter. By Roshan McArthur.

Oakland 153

Oakland Community Community Bank Leadership 153

PYMNTS

AUGUST 22, 2016

19) the addition of new consumer experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council and Academic Research Council — the four bodies that provide advice to CFPB leadership on a range of consumer financial topics and emerging market trends.

Community Bank 100

Community Bank Community Leadership Analytics 100

PYMNTS

OCTOBER 1, 2018

Reports in Bloomberg said Infrastructure Leasing & Financial Services (IL&FS) Group, a top financier of infrastructure projects, now faces a special audit from the Reserve Bank of India (RBI) after an August default shook the markets. A top infrastructure lender in India is now being questioned by regulators over its $12.6

Marketing 108

Marketing Regulation Leadership Groups 108

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Lifetime Leadership Achievement Awards. We salute a legend of lending and credit union leadership. The Bank That Gets Fintech.

Fintech 148

Fintech Strategy Leadership Lending 148