Lending Management New York City Technology 
PYMNTS
MARCH 6, 2020
Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS). South Carolina’s Mailprotector offers customers email security and encryption technology designed for businesses, governments and nonprofits.
PYMNTS
SEPTEMBER 4, 2020
The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. Honcho plans to deploy the investment towards new hires and invest in its product roadmap. Cloudentity.
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CFPB Monitor
FEBRUARY 10, 2021
With regard to fair lending enforcement, the letter highlights two developments: The FTC brought one fair lending enforcement action in 2020 in federal court against a New York City car dealer and its general manager. Currently, no information is publicly available about this new group.
PYMNTS
FEBRUARY 7, 2020
According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.
PYMNTS
DECEMBER 15, 2017
By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. Sure, it shows that investors aren’t ready to give up on alternative lending just yet. million in new funding this week, $11.8 SMB Finance. Germany’s Finiata announced $21.2 Veritas Finance.
PopularBank
JUNE 1, 2021
Shifting Portfolio Management and Underwriting Best Practices. In the face of unprecedented disruption, lenders worked quickly to reevaluate both new business and current portfolio management. Identifying Commercial Real Estate Lending Bright Spots. in Q1 2021, the highest percentage ever on record.
Independent Banker
DECEMBER 29, 2015
ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Lend exclusively over online peer-to-peer platforms.
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