Remove Lending Remove Management Remove Minneapolis Remove Risk Management
article thumbnail

Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. Leveraging Risk the Right Way. Silicon Valley FinTech Affirm is also a regular in the top 5 this year. The account comes with 1.30

Lending 130
article thumbnail

CFPB announces advisory committee members

CFPB Monitor

Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA). Bank (Minneapolis, MN). Bruce Ocko, Senior VP Director of Mortgage & Consumer Lending, Bangor Savings Bank (Bangor, ME). Community Bank Advisory Council .

DC 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Acronym of the Year. Has to be M-O-E.

Fintech 147
article thumbnail

Washington Watch

Independent Banker

Even though the industry identified several major regulatory burdens, including those posed by the Truth in Lending Act and the Home Mortgage Disclosure Act, few substantive regulations were repealed. Many community bankers concluded that the EGRPRA is little more than a “check the box” process for regulators. in Lowell, Mass.;

article thumbnail

Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

CircleBack Lending. Consumer lending P2P marketplace. Corporate purchasing management. Fortress Risk Management. Enterprise risk management services for financial institutions. Using the blockchain for managing records. Risk & compliance management for financial institutions.

Company 12
article thumbnail

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Alt-lending. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform. Latest round: $12.5 Total raised: $12.5 HQ: New York City. Source: FT Partners. Source: Crunchbase. Smartkarma. Marketplace for Asian investment research.

article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. We salute CEO Frank Weidner, CIO David Mason and Strategic Insights Manager Mike Lindberg for taking this big strategic step.

Idaho 148