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My Fantasy Banking Team

Jeff For Banks

The Owner/Chairman Criteria: I looked to Bank Director Magazine's annual scorecard for my pick. Since his joining the Board, the bank has stabilized, returned to profitability, recaptured it's deferred tax asset, and NPAs/Assets have declined to less than 3%. Security Bank in Midland, Texas lends to business, period. The kicker.

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How Tech Solved a Taxing Problem for This Texas Bank

American Banker

Community banks are often burdened with manual data entry for processing commercial loans. Union State Bank has turned to digitization software to make it easier. It may sound modest in the age of APIs, but it made a quantifiable difference.

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The Coming Millennial FinTech Crisis

PYMNTS

Chetty and his team did that by gaining access to the anonymized tax returns of people in their mid-30s over a 40-year period between 1940 and 1980. How will mortgage lending have to change? Lenders — whether they be alt-lenders or traditional banks — only lend money to people they believe will pay them back.

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Why Regulators’ War On Fees Will Kill Consumers

PYMNTS

Wired magazine blazed “Free! And speaking of free, they surely have a great “free” thing going themselves — they get paid really good salaries and other perks that are – let’s sing this together now – “tax FREE!”. And who can’t get any other people to lend them money on a short-term basis.

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It’s Time To Reset Consumer Financial Protection

PYMNTS

They should, however, be commended for lending money. Time to recognize the importance of lending for consumers and small businesses and for making the economy go ‘round and ‘round. Meanwhile, financial services providers must do a better job of explaining how lending helps consumers and, of course, policing themselves.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. Entrepreneur Magazine named it as one of the top 5 places outside Silicon Valley to start a company in 2015. In comparison, USV’s investment in Lending Club came late. Lending Club. Delivery Hero.

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