Illinois Lending Online Operations 
Independent Banker
OCTOBER 31, 2022
Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Benefits of digital lending. Ensure a more consistent lending process.
Independent Banker
JUNE 30, 2022
“We were looking at ways to increase our deposit base and impact the communities we serve,” says Tom Kientz, chief operating officer. One of the very quick things we turned to were HOAs … and we quickly learned we could earn more of their business if we had a lending solution. William Atkinson is a writer in Illinois.
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CFPB Monitor
MARCH 25, 2021
On March 23 , Illinois Governor Pritzker signed into law SB 1792 , which contains the Predatory Loan Prevention Act (the “Act”). The new law became effective immediately upon signing notwithstanding the authority it gives the Illinois Secretary of Financial and Professional Regulation to adopt rules “consistent with [the] Act.”.
Independent Banker
DECEMBER 13, 2015
Debit and credit cards, direct deposits, paper checks, online and mobile bill payments and other technologies have changed the role of cash in our economy. We added mobile banking almost two years ago, and we’ve had online banking for five or 10 years, but not much has changed,” Hansen says. By Ed Avis. The cashier’s role.
PYMNTS
FEBRUARY 10, 2020
firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.
Independent Banker
SEPTEMBER 21, 2015
ICBA’s compliance certification programs—similar to the training provided by the Community Banker University’s other certification programs covering lending, information technology and bank security—provide up-to-date information about regulatory issues while teaching practical knowledge and skills. Lending—consumer and commercial.
PYMNTS
APRIL 26, 2016
Which brings us to payday lending and its proposed regulation – a subject that has turned out to be the Berserk Button for a shocking number of consumer right advocates, congressmen, regulators, Senators, preachers, industry representatives business people and consumers. So why all the fuss? The Typical Payday Lender.
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