PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Avanti made its Wyoming intentions clear in February.

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

Independent Banker

APRIL 30, 2022

Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. Wyoming Bank & Trust. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Allied First Bank, SB. Nebraska State Bank. Neighbors Bank.

Community Bank 172

Community Bank Community Montana Taxes 172

Lex Sokolin

SEPTEMBER 23, 2020

Instead, it is replacing payday lending as an industry. It doesn’t have an ILC charter from Utah, or a crypto bank charter from Wyoming, or a straight-up bank charter like Varo, nor has it acquired any banks like Lending Club or Jiko. That is a lot of proofs of concepts and Chief Innovation Officer conference travel agendas.

Capital 52

Capital Software Lending Apple 52

Abrigo

JULY 22, 2022

Takeaway 1 Cryptocurrency has been able to offer good interest rates on high-yield savings accounts and secured loans with no credit check. . As recently as last fall, consumers could stash certain digital assets in a savings account and earn upwards of 10% interest, or even use cryptocurrency to secure a loan without a credit check.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195