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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101
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Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles

PYMNTS

Curbside delivery is coming to the grocery chain, starting with two test runs — one in Virginia Beach one in Sacramento. As a benefit for Prime members, customers who order their groceries online from Whole Foods will be able to pick them up curbside within 30 minutes. The service is already available in a few select U.S.

Lending 100
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California DFPI issues final regulations implementing 2018 law requiring consumer-like disclosures for commercial financing

CFPB Monitor

The California Department of Financial Protection and Innovation (DFPI) has issued final regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances. .

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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. In May , Sears Holdings announced that it had expanded its leasing program to allow customers to finance a variety of products, both in-store and online.

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Why community banks should partner with fintechs

Independent Banker

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

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B2B Investors Get Smart About Business Intelligence

PYMNTS

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Investors placed more than $136.5 This week, Fattmerchant announced $10.5

Analytics 105
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CFPB holds hearing on payday and auto title loans in Richmond, VA

CFPB Monitor

On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. The Commissioner of Virginia’s Bureau of Financial Institutions, E. Michael Calhoun, President, Center for Responsible Lending.