PYMNTS

JULY 22, 2019

has announced the launch of a venture banking and lending business to provide debt capital financing and commercial banking solutions to growth companies and their investors. The business will target early stage startups through mature growth companies, with a focus on the technology, healthcare, and life sciences industries.

Lending 100

Lending United States Boston Capital 100

South State Correspondent

APRIL 15, 2024

Our focus is on information that pertains to the community banking industry. Lesson 2: Leadership Matters Jamie Dimon cites military decision making referring to the term OODA loop (observe, orient, decide, act) that we have written about HERE. Jamie states that the secret sauce to leadership is to “have a heart.”

Community 195

Community Community Bank Leadership America 195

PYMNTS

JANUARY 22, 2019

Could it be that the CFPB, under new Executive Director Kathy Kraninger , will be moving directly to eliminate the more controversial provisions of its payday lending rule? In April, Mulvaney sided with two payday lending groups that sued the CFPB in an attempt to invalidate the regulatory restrictions created by the new rules. .

Lending 153

Lending South Carolina Regulation Groups 153

CFPB Monitor

JANUARY 20, 2022

In this wide-ranging conversation with two experienced reporters on the consumer finance industry, we discuss differences between the current CFPB and the Trump-era CFPB, including with regard to areas of regulatory and enforcement focus such as UDAAP, consumer access to financial information, small business issues, and fair lending.

FDIC 78

FDIC Industry Leadership Report 78

Gonzobanker

DECEMBER 4, 2019

Q2’s acquisition follows many years of paced, organic growth in consumer and business digital banking and a string of acquisitions including digital deposit origination specialist Gro Solutions and loan/lease origination system provider Cloud Lending. Lending is a great area of a bank for analytics to grow from naturally. Meridianlink.

Analytics 91

Analytics Lending Fintech Leadership 91

CFPB Monitor

JANUARY 7, 2019

I am pleased to share with our blog readers that Alan Kaplinsky, who leads our firm’s Consumer Financial Services Group, was recently awarded the National Law Review’s Go-To Thought Leadership Award in Consumer Finance for his work on our blog, Consumer Finance Monitor.

Leadership 60

Leadership National Lending Industry 60

CFPB Monitor

AUGUST 7, 2019

The New York Department of Financial Services (DFS) issued a press release yesterday to announce that it is leading a multistate investigation into the payroll advance industry. It indicates that it is sending letters to members of the payroll advance industry to request information.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

CFPB Monitor

JANUARY 9, 2017

The CFPB announced that the following individuals are joining its senior leadership team: Leandra English is returning to the CFPB to serve as the Chief of Staff. John McNamara will serve as the CFPB’s Assistant Director of Consumer Lending, Reporting, and Collections Markets.

Leadership 60

Leadership Policies Lending Management 60

CFPB Monitor

DECEMBER 13, 2018

The CFPB has issued a new annual report covering its fair lending activities during 2017. Since Mick Mulvaney did not become Acting Director until the end of November 2017, the fair lending activities described in the report largely took place under former Director Cordray’s leadership.

Lending 92

Lending Report Regulation Leadership 92

Insights on Business

OCTOBER 3, 2018

Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. Today the IBM Z mainframe is used by 92 of the top 100 banks in the world because it supports the unique transaction processing, scalability, and reliability needs of the industry.

Industry 155

Industry Innovation blockchain Compliance 155

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. The proposed rule , unveiled Sept. Controversial Provisions.

Lending 195

Lending Data Regulation Community 195

PYMNTS

MAY 8, 2017

The last 12 months have undoubtedly been a difficult period for marketplace lending pioneer Lending Club. But the silver lining is that banks appear to be coming back to the Lending Club platform as investors in loan packages. Will it be enough to get Lending Club back on course? consumer loans came to 3.95

Lending 100

Lending Leadership Retail Resources 100

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry.

Community 195

Community Lending Maine Resources 195

PYMNTS

FEBRUARY 25, 2019

Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants, according to reports. The committee plays a big role in determining policies for the banking industry , as well as for hedge funds and insurance companies. New York Rep.

Lending 100

Lending New York Leadership California 100

PYMNTS

DECEMBER 5, 2017

As we noted when we first covered the final draft of the payday lending rule , Congress retains the power to keep the rule from ever making it into the books, so to speak, through the power of the Congressional Review Act. However, as recently as a few weeks ago, the use of the CRA to block the payday lending rule seemed somewhat unlikely.

Lending 100

Lending South Carolina Policies Leadership 100

PYMNTS

FEBRUARY 24, 2016

When OnDeck first went public in 2014, around the same time that fellow alternative lender Lending Club did, it signaled the possibility of a new era of small business finance. But the company, at the time, admitted disappointing results from a marketing campaign, as well as the challenge of an increasingly saturated alt-lending scene.

Lending 100

Lending Leadership Online Report 100

PYMNTS

JANUARY 15, 2021

Chinese financial regulators called Ma and his leadership team to answer questions on the eve of the company’s stock market debut. 26 meeting that Ant should return to its original core business of payments and focus on correcting issues in the areas of personal lending, wealth management and insurance. .

Regulation 158

Regulation Groups Operations Lending 158

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

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. This reflects a larger industry trend. For many, commercial real estate lending may be the ticket.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Independent Banker

AUGUST 31, 2022

Our senior leadership team took that to heart, and it stuck with us, creating an environment in which compliance plays a significant role in everything from our strategic direction to our daily operations. Managing compliance is a role that community bankers take more seriously than any other segment of the financial services industry.

Compliance 177

Compliance Community Leadership Industry 177

CFPB Monitor

NOVEMBER 12, 2020

We also look at how the plan aligns with the approach of federal banking regulators, share our reactions to criticism of the plan by Democratic lawmakers and thoughts on the new Office’s expected leadership, and discuss the Presidential election’s potential impact. Click here to listen to the podcast.

Leadership 60

Leadership Industry Policies Lending 60

South State Correspondent

APRIL 12, 2022

Our focus is on information that pertains to the community banking industry. 2) Leadership Matters. The bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits. The industry exposures in real estate are shown in the table below. 1) The Fed May Hike More Than Expected.

Community 195

Community Community Bank Leadership Lending 195

SWBC's LenderHub

DECEMBER 15, 2016

CUData.com recently released their Q3 2016 Credit Union Industry Statistics and Performance Trends report. This quarterly report includes valuable data and statistics for credit union leadership in an easily digestible format.

Trends 60

Trends Industry Leadership Analysis 60

PYMNTS

APRIL 26, 2019

It was a slow week for B2B FinTech funding rounds, but investors nevertheless provided an impressive sum to industry startups. In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. Interestingly, U.S. The company raised $6.7

Fintech 176

Fintech US Lending Capital 176

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.

Leadership 78

Leadership Lending Regulation Groups 78

Finer Points

MARCH 30, 2016

It’s something ICBA and the community banking industry say all the time: community banks are the nation’s leading small-business lenders. And the numbers back it up. While community banks make up less than 20 percent of the banking system’s assets, they dole out more than half of its small-business loans.

Community Bank 100

Community Bank Community Leadership Study 100

Gonzobanker

JUNE 18, 2018

We all figured it would happen sooner or later, and now it has – by Thoma Bravo , which, as part of the deal, merged MeridianLink with CRIF Lending Solutions’ ACTion, Synergy and Achieve divisions. CRIF Lending has been a solid competitor in the consumer LOS space. The Impact on the Industry. With its investment in Hyland (i.e.,

Lending 60

Lending Leadership Community Bank System 60

PYMNTS

APRIL 13, 2018

Funding targets this time around included blockchain, logistics, alternative finance, artificial intelligence and T&E — with a few startups taking a stab at some of the biggest problems in the cannabis industry, procurement and microfinance. Blockchain. Blockchain Capital. Details of the investment are scarce, but Player’s Network Inc.

Lending 129

Lending blockchain Capital Software 129

Perficient

MAY 28, 2020

We work on a range of engagements that span different industries, locations, and business units,” explains Dana Blades , Senior Technical Consultant. “In Pega Leadership does a really good job supporting employee growth and is committed to understanding what each member of the team is looking for in career paths.

Leadership 467

Leadership Groups DC Management 467

Bobsguide

OCTOBER 7, 2022

In her role she takes global responsibility for the people organization and advancing the company’s aspiration to be the most inclusive and diverse employer in the Fintech industry. Based at Finastra’s HQ in Paddington, Helen is a key member of the Finastra Executive Leadership Team, reporting to CEO, Simon Paris. Global Head of PR.

Leadership 122

Leadership Software Resources Lending 122

CFPB Monitor

OCTOBER 19, 2020

For our webinar last week, “What a Blue Wave in the November 2020 Elections Could Mean for the Consumer Financial Services Industry,” we were joined by special guest Isaac Boltansky, Director of Policy Research at Compass Point Research & Trading. In Chris’s view, such criticism is unfounded.)

Leadership 78

Leadership FDIC Exercises Lending 78

PYMNTS

MARCH 8, 2019

Maxine Waters argued the Trump-appointed leadership is trying to undermine the agency’s mission. Under her charge, the CFPB announced in February it will get rid of many consumer protections that the payday lending industry has to follow. According to a report in the Associated Press , during the hearing Committee Chair Rep.

Lending 143

Lending Leadership Regulation Report 143

PopularBank

DECEMBER 11, 2023

Under her leadership, the team has quadrupled in size and has originated more than $5 Billion in association loans as well as more than $1.6 PAB has provided banking and lending services to community associations since 1994. PAB has an active lending platform in over 30 states. Billion in deposits.

Management 52

Management Florida Community Leadership 52

Bobsguide

MAY 18, 2022

CompatibL, a leading provider of risk management solutions and professional services for the financial industry, has been named the winner of the Best Risk Management Platform Award in the sixth annual FinTech Breakthrough Awards program for its innovative CompatibL Cloud Platform.

Fintech 147

Fintech Risk Management Analytics Software 147

PYMNTS

JANUARY 7, 2020

Research companies predict for the digital lending market in Southeast Asia to more than quadruple to $110 billion in the next five years. billion in capital on hand, and be governed by Singapore leadership. Winners will be announced in mid-2020. Their holders can take deposits from retail customers, but must have $1.5

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

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

Gonzobanker

APRIL 8, 2020

If it’s full of industry acronyms, wonky terms or compliance-ese, or if it comes across as a cheesy sales pitch, it needs to be rewritten. The brutal truth is that while banks cannot outsource the leadership of content, they can (and many probably should) outsource aspects of content. Evaluate and improve the messaging.

Leadership 170

Leadership Analytics System Digital Banking 170