PYMNTS

AUGUST 5, 2020

Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. billion and offered 150 million shares for $20 to $22 each, according to a filing with the Securities and Exchange Commission (SEC). Last month, Gilbert sought an IPO for $3.3 which is owned by Gilbert.

Cleveland 233

Cleveland Detroit New York Company 233

PYMNTS

AUGUST 2, 2020

But the New York consulting firm was on its own because Capital One wasn’t prepared to accept applications for the Paycheck Protection Program (PPP) when it launched. a New York-based startup bank that launched last year. in Denver after the smaller lender secured a $90,000 PPP loan, WSJ reported.

Minneapolis 173

Minneapolis Denver New York Capital 173

PYMNTS

JULY 14, 2020

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. In May, the New York-based FinTech cut a deal with payments platform Stripe , giving consumers more credit to access at checkout. The account comes with 1.30

Lending 130

Lending FDIC Minneapolis Utah 130

PYMNTS

AUGUST 16, 2019

15) that it will launch regional commercial banking operations in New York and Los Angeles in an effort to grow its corporate client base and connect existing business customers in the markets with its senior banking professionals. The bank announced Thursday (Aug. The bank is targeting the middle-market and niche clientele, it noted.

Los Angeles 101

Los Angeles New York FDIC Lending 101

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. and hoping to expand into Europe. At the same time, the U.S.

Capital 202

Capital Fintech New York City Security 202

PYMNTS

JANUARY 22, 2020

Sabre Vice President of Product Management Becky French discussed this strategy with PYMNTS in a recent Masterclass video , noting that this collaboration has already yielded stronger cash flow and financial management practices for joint clients. NY Labor Department Secures Payroll Card Win.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

JUNE 8, 2016

Well, one can say this much for Lending Club : For whatever difficulties it seems to have keeping paperwork straight and investors on its platform at present, it sure knows how to keep things interesting in payments and commerce. Going into the news today, the struggling online lending platform doesn’t bring just one story to the cycle.

Lending 100

Lending Meeting New York Online 100

PYMNTS

SEPTEMBER 28, 2020

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

JULY 15, 2020

MoneyLion , the New York-based mobile bank, announced the launch of RoarMoneySM, a demand deposit account powered by MetaBank N.A. RoarMoney promises faster access to customer funds and secure contactless payment options. with Mastercard as its exclusive card network.

Mobile 175

Mobile New York Tools Digital Banking 175

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.

New York City 151

New York City Capital Colorado Software 151

PYMNTS

DECEMBER 13, 2019

At the same time, the New York Stock Exchange has submitted a proposal for a direct listing-style alternative to the IPO , while FinTech Uncapped recently spoke with PYMNTS about connecting small businesses to capital via revenue-based financing, described as a tool that sits somewhere between venture capital and a traditional bank loan.

New York 130

New York Capital Fintech Leadership 130

CFPB Monitor

JUNE 15, 2022

The law contains exemptions and carve-outs for, among other things, depository institutions, financings of more than $500,000, closed-end loans with a principal amount of less than $5,000, and transactions secured by real property.

California 78

California Regulation CA Utah 78

CFPB Monitor

NOVEMBER 10, 2020

In July 2020, the Federal Financial Institutions Examination Council issued a “ Joint Statement on Managing the LIBOR Transition.” It indicated that new loan contracts should either use a reference rate other than LIBOR or have fallback language that includes an alternative reference rate after LIBOR’s discontinuation.

Regulation 78

Regulation FDIC New York Lending 78

PYMNTS

JUNE 18, 2019

The firm said it will be holding sign-up events for consumers in cities that include Los Angeles, New York and San Francisco. The main thing that will be removed is lending. so we won’t be lending customers money.”. Property Management (And Payments), APIs Included. banking license in partnership with Sutton Bank.

Fintech 108

Fintech Los Angeles San Francisco Examples 108

PYMNTS

JANUARY 18, 2021

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. But new concerns are mounting over the U.S. Homeland Security investigators. business director, reports in Euro Weekly News said.

Community 219

Community Fraud Taxes Massachusetts 219

PYMNTS

JULY 21, 2020

Once worth $28 billion before it collapsed last month, Wirecard has contracted with Alix Partners, the New York-based forensic accounting firm, to explore the two missing deposits in Philippines banks totaling more than $2 billion uncovered by its auditor Ernst & Young and nearly $4 billion it owes creditors.

Pennsylvania 140

Pennsylvania New York Fraud Operations 140

CFPB Monitor

APRIL 14, 2021

The law contains exemptions and carve-outs for, among other things, depository institutions, financings of more than $500,000, closed-end loans with a principal amount of less than $5,000, and transactions secured by real property. General asset-based lending transaction disclosure formatting. Signature requirements.

CA 78

CA Regulation California New York 78

PYMNTS

APRIL 28, 2017

Payments and lending continue to attract the most funding globally, although we’re seeing increasing interest in a variety of technologies,” he stated. “In With roots in India and California, iSos offers workplace solutions for the smart office, including cashless employee transactions and inventory management. Artificial Intelligence.

Fintech 192

Fintech San Francisco Capital Software 192

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 Enterprise Security. SMB Finance. Germany’s Finiata announced $21.2

Fraud 115

Fraud Capital New York City Lending 115

CFPB Monitor

FEBRUARY 25, 2016

The 21 st Annual Consumer Financial Services Institute, sponsored by the Practicing Law Institute, will take place on April 4-5, 2016 in New York City (and by live webcast and groupcast in Cincinnati, Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA) and on May 12-13, 2016 in Chicago.

New York City 60

New York City Cleveland Philadelphia New York 60

PYMNTS

JUNE 20, 2016

In filings made to the Securities and Exchange Commission , Cabela’s has noted that as part of a “strategic alternatives review process,” investigation into the likelihood and consequences of a sale is a distinct possibility. retailer with such an operation still active.

Omaha 109

Omaha New York Retail Lending 109

CFPB Monitor

JANUARY 23, 2017

The 22nd Annual Consumer Financial Services Institute, sponsored by the Practising Law Institute, will take place on March 27-28, 2017 in New York City (and by live webcast and groupcast in Atlanta; Philadelphia, Pittsburgh, and Mechanicsburg PA) and on May 4-5, 2017 in Chicago.

New York City 60

New York City Chicago New York Philadelphia 60

PYMNTS

MAY 26, 2017

If we try to pursue business innovation within the bank, we have to ask around for permission from people in risk management, compliance and others. Payments, lending and personal finance are three promising segments, as is insurance, Goldman Sachs said in the report. It takes forever,” said the executive.

Fintech 100

Fintech blockchain New York Risk Management 100

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

MAY 27, 2016

Some focus on specific verticals, like restaurants; Some take unique routes to enterprise security, from password management to email protection. SME Lending. Expense Management. Expensya provides expense management and accounting solutions for corporates to manage their online, mobile and cloud-based data.

Capital 100

Capital Management Taxes Security 100

PYMNTS

JULY 6, 2020

Researchers found that furloughed employees are widely reporting that their bosses have asked them to continue to conduct their normal work duties despite being furloughed in order for their employers to secure funding. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

Fraud 148

Fraud Missouri California Report 148

PYMNTS

NOVEMBER 22, 2019

In addition to the new funding, according to Crowdfund Insider reports, Cardlay also announced a partnership with Eurocard, Scandinavia’s largest corporate card issuer, to expand its market share as it looks to connect businesses with value-added services tied to their corporate card products, including travel expense and receipt management.

Strategy 109

Strategy Fintech Capital Lending 109

PYMNTS

APRIL 20, 2018

It used to be that when “Goldman Sachs” was mentioned, it was in the context of the storied Wall Street investment banking firm trading and underwriting securities, advising on mergers and acquisitions, taking companies public and brokering deals. Not so much anymore. The Big Bet on Consumer Services. Note to industry.

New York 101

New York Lending Tools Boston 101

PYMNTS

APRIL 8, 2016

The alternative lending boom of yesteryear secured impressive amounts of attention, and dollars, from venture capitalists towards the FinTech startup industry. Instead, Software-as-a-Service — hardly a segment of FinTech — secured three out of the four investment rounds. Alternative Lending.

Fintech 100

Fintech Software Capital Lending 100

CB Insights

OCTOBER 21, 2018

Business Lending & Financing. General Lending & Marketplaces. Mortgage Lending. Point-of-Sale & Personal Lending. Wealth Management. Alternative lending platform SoFi raised a $500M Series F from SoftBank Group, GPI Capital, and Silver Lake Partners. Business Lending. Business Lending.

Fintech 78

Fintech Lending Capital Analytics 78

CFPB Monitor

FEBRUARY 17, 2015

The 20 th Annual Consumer Financial Services Institute, sponsored by the Practising Law Institute, will take place on April 6-7, 2015 in New York City (and by live webcast and groupcast in Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA and New Brunswick, NJ) and on April 27-28, 2015 in Chicago.

NJ 60

NJ New York City Cleveland Philadelphia 60

PYMNTS

AUGUST 28, 2017

As the Sinatra tune goes (a bit paraphrased) … New York: If you can make it there in cybersecurity, you can make it anywhere. The financial services industry is girding for the new regulations by the New York State Department of Financial Services (DFS), which take effect as of Aug. 28, which is, of course, today.

New York 142

New York Regulation Bitcoin United States 142

Fintech Labs Insights

MAY 16, 2017

Less than a month after announcing its new $105 million SoFi Prime Income Fund to help raise funds to issue loans, online lending innovator SoFi is making headlines again with the launch of SoFi Wealth. The new initiative, the company’s first digital wealth management offering, will allow investors in the U.S.

Management 19

Management San Francisco New York UX 19

Independent Banker

JULY 30, 2015

In New York, IBANYS plays creative offense and strong defense on several issues. The Independent Bankers Association of New York State has been actively advocating for several initiatives to enhance community banking and the communities and customers our members serve. By John Witkowski. 3616 and A. 4785 and A.

Community Bank 70

Community Bank New York Community Taxes 70

Independent Banker

DECEMBER 13, 2015

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Todd Thompson.

Community Bank 70

Community Bank Lending Community Security 70

Independent Banker

NOVEMBER 24, 2015

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Todd Thompson.

Community Bank 70

Community Bank Lending Community Security 70

PYMNTS

MARCH 13, 2017

The standard for removing that data will be failing to completely list important identifying information like a person’s name, address, social security number or date of birth. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports.

Report 111

Report Data Taxes New York 111