PYMNTS

SEPTEMBER 14, 2018

To challenge the Office of the Comptroller of the Currency (OCC)’s decision to allow online payment companies and lenders to have national bank charters, the top banking regulator in New York is suing the federal government. Further panning the decision, Vullo called the move “lawless, ill-conceived and destabilizing of financial markets.”

New York 173

New York Fintech Lending Regulation 173

CFPB Monitor

AUGUST 13, 2020

The article begins with a discussion of a 1972 report issued by the National Commission on Consumer Finance (NCCF). The NCCF was established by the Consumer Credit Protection Act of 1968) to study consumer credit markets and recommend improvements in consumer credit regulations. A $594 loan required a 103.54

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Study Survey National Analysis 148

PYMNTS

MARCH 29, 2016

Post-financial crisis, amid economic recovery, financial institutions across the EU have been calling for a cut in capital charges if they are to ramp up their lending, especially to SMEs. The latest figures show levels of bank lending to large corporates has recovered back to pre-crisis levels. Apparently, it hasn’t.

Lending 100

Lending Capital Report Regulation 100

Gonzobanker

DECEMBER 8, 2021

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades. According to CB Insights, US fintechs raised $14.6B

Fintech 213

Fintech Los Angeles Lending Analytics 213

South State Correspondent

JANUARY 16, 2024

With the development of the term SOFR market, BSBY offers no perceived advantages over SOFR, Fed Funds, or Prime. BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY. We believe that our program offers an advantage against the national banks.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

MARCH 22, 2017

The overwhelming majority of participants in this study work independently because they want to and not because they have to,” the report declared. With so many entrepreneurs ready to remain as such, these professionals are taking on a role as part of what many experts say is the “bedrock” of the national economy.

Survey 102

Survey Lending Resources Report 102

PYMNTS

MAY 24, 2018

In 2013, the OCC had discouraged short-term lending by banks with limitations on what could be offered to customers depending on their credit. Regulatory uncertainty forced banks out of this space, leaving families to rely on pawn shops, costly payday lenders or loosely regulated online lending during times of financial stress.

FDIC 100

FDIC Lending Regulation Study 100

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

Fintech 166

Fintech New York US National 166

South State Correspondent

JUNE 13, 2023

On our loan hedging desk, we work with hundreds of banks ranging in size from just over $100mm in assets to some national banks with over $1T in assets. We see borrowers trying to out-predict the market by guessing what the Fed might do, analyzing economic trends, studying graphs, or talking to friends at cocktail parties.

Marketing 195

Marketing Examples Capital Management 195

PYMNTS

APRIL 2, 2019

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S.

Tools 126

Tools Study Los Angeles New Jersey 126

PYMNTS

APRIL 30, 2020

“This is not a payments problem for the cannabis space,” he told PYMNTS in a recent interview when discussing the market’s notoriety for being cash intensive. “We’ve done extensive studies on consumer behavior, and there’s still a bit of a stigma with cannabis,” he said. An Evolving Market.

Compliance 196

Compliance Industry Security Marketing 196

Gonzobanker

FEBRUARY 26, 2019

Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. Adobe acquired Marketo , rolling up the major digital marketing competition to Salesforce (which has nCino as the tip of its digital sales industry spear). Lending: Mashing Up Analytics & Digital. Money talks. To name a few….

Fintech 104

Fintech Analytics Lending Case Study 104

PYMNTS

APRIL 15, 2019

Specifically, who knows what dangers — for banks, at least — lurk in shadow banking, as FinTechs emerge to nibble at market share? or more commonly structured investment vehicles, collateralized debt obligations, money market funds and others — has certainly gathered momentum. Who knows what dangers lurk in the shadows?

Lending 175

Lending United States Survey System 175

PYMNTS

APRIL 18, 2017

The slowdown of China’s economic growth has had markets concerned, but new data suggests the nation could be on its way to reversing the trent. The first quarter’s results were boosted by bank lending and a peak in starts of long-term construction projects. percent GDP annual growth rate.

Policies 100

Policies Washington National Study 100

PYMNTS

NOVEMBER 25, 2019

Mazie Hirono of Hawaii and Dan Sullivan of Alaska entered the bill into consideration earlier this month, and several CU organizations — including the Hawaii and Alaska Credit Union Leagues as well as the Credit Union National Association (CUNA) — have so far praised it. A California Credit Union Keeps its Marketing Efforts Trusted and SAFE.

Alaska 154

Alaska Hawaii California Analytics 154

PYMNTS

JUNE 9, 2020

In the battle against digital challenger banks, credit unions (CUs) may be facing a bit of a perception/reality gap — and losing market share as a result. He pointed out that while CUs have traditionally been regionally focused, firms like SoFi and Robinhood have spent significant time and money on marketing. Leveraging CU Assets.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

SEPTEMBER 8, 2017

Best highlights the strength of China’s logistics market, which saw $1.6 percent of the nation’s express delivery market in the first six months of 2017, reports said. Analysts say the trend is the result of tightened regulations at home, especially those impacting alternative lending startups. “An

United States 100

United States Google Fintech Maine 100

PYMNTS

JUNE 26, 2020

It will be relying upon its new cloud-supported platform to craft newer products for quicker deposits and easier lending, according to company statements. Pacific National Bank (PNB), meanwhile, is using cloud core banking tools to support and launch a new digital-only financial brand which it is calling FACILE. customers in late May.

Meeting 227

Meeting Mobile Digital Banking Tools 227

PYMNTS

AUGUST 7, 2018

On the conference call, management noted the strength of small business lending that has continued against a sanguine macroeconomic environment. Breslow said that credit quality has remained strong across the lending portfolio and that analytics have helped keep that strength in place. percent, where last year it was 7.2

Conference 100

Conference Lending Analytics Capital 100

Gonzobanker

MAY 4, 2022

An institution’s required credit expertise will depend on its business/niches – for example, knowledge of national environmental lending will be unique from that of import/export letter of credit. Digital marketing – This is simply too new an area for there to be loads of potential applicants with loads of expertise/experience.

Training 154

Training Survey System Data 154

PYMNTS

MARCH 2, 2018

The rise of alternative lending and familiarity of growing names like OnDeck is beginning to shift public perception of the merchant cash advance, however. “The lending world has evolved,” Mallinger explained, adding that today, MCAs don’t necessarily mean sky-high interest rates and fees. .

Capital 119

Capital Lending Louisiana Data 119

TrustBank

JUNE 30, 2020

It would be an understatement to start by noting that COVID-19 has had a significant impact on the US health care system, economy, and markets in 2020. When reviewing real estate sales and inventory, analysts consider a less-than six month supply to be a seller’s market, and a more-than six month supply to be a buyer’s market.

Washington 52

Washington National Exercises Report 52

PYMNTS

NOVEMBER 13, 2020

Consumer Financing Satisfaction Study. The National Auto Dealers Association (NADA) recently reported that during the first three quarters of 2020, three out of every four vehicles sold were light trucks – a trend that has pushed truck prices to new highs. Power, said in releasing the J.D. Power 2020 U.S.

Online 214

Online San Francisco Trends Marketing Strategies 214

Independent Banker

FEBRUARY 24, 2016

Georgia bank propels major growth through niche SBA lending. When Richard Bradshaw became president of specialized lending three years ago at United Community Bank in Blairsville, Ga., the bank’s three-person Small Business Administration department was lending about $10 million a year. Marketing tools.

Community Bank 70

Community Bank Lending Community Georgia 70

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and global stock markets are also top concerns among entrepreneurs surveyed by the bank.

Taxes 144

Taxes America National Community 144

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. Those services include bitcoin and peer-to-peer lending, analysts said. 65% of U.K. percent of borrower applications.

Fintech 108

Fintech Lending Fraud Cards 108

PYMNTS

NOVEMBER 3, 2016

Will alternative lending platforms eat away at traditional banks’ market share? With financial institutions beginning to collaborate and partner with these alternative players, it seems even less likely that the two sides of the SME lending space will challenge each other. But the latest analysis from J.D.

Survey 100

Survey Lending Millennials Analysis 100

PYMNTS

JULY 11, 2017

And, as a result, higher fees for consumers levied by cautious lenders, when they lend at all? Chamber of Commerce Center for Capital Markets Competitiveness. The referenced studies and research harken back to 2015 when the CFPB initially proposed its rules. Is that the headline for July 10?

Cards 101

Cards Lending Study Industry 101

PYMNTS

AUGUST 13, 2019

Loans are very much at a higher rate than you would normally expect,” said Daniel Rozas, co-founder of consultancy group Microfinance Index of Market Outreach and Saturation ( Mimosa ) told Bloomberg. Mimosa was commissioned by the Cambodia Microfinance Association to study the mounting debt levels. “If

Report 158

Report Study Industry Marketing 158

PYMNTS

MAY 2, 2016

Then, there is the risk of corporate lending. billion will be generated by the cloud security industry by 2020, researchers from Allied Market Research concluded. 78% of SMEs don’t take on financing because of the risk , according to a new study from Wesleyan Bank. Banks, it turns out, are willing to take on that risk.

Lending 100

Lending Security Fraud Regional 100

PYMNTS

APRIL 25, 2016

The market saw its first tech IPO, an SME cybersecurity company, and we have the details on how much it raised. Plus, the latest analysis on alternative lending demand, expense management fraud and the gap between what CFOs have for their companies and what they need. companies, reports said. billion valuation for the U.K.

Fraud 100

Fraud Cards Lending Analysis 100

PopularBank

OCTOBER 13, 2020

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey.

New Jersey 52

New Jersey Community NJ New York 52

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; An entrepreneur with a background in accounting and finance, CEO and chairman of the board Thomas Swenson set up Montana Business Capital Corporation in 1998 with a focus on job creation and economic development lending. Grand Ridge National Bank: The premier league.

Community Bank 169

Community Bank Community Montana Leadership 169

Jeff For Banks

JUNE 4, 2018

Their conversation goes something like this: pretend that your non-core and wholesale funding dries up, and you are unable to attract local funds via rate promotion because of our restrictions on rates paid above the national rate cap. I recently wrote that I thought bankers would have to prepare to offer rates more in line with the market.

FDIC 60

FDIC System Regulation Conference 60

PYMNTS

DECEMBER 1, 2016

Other studies have found that rate to be closer to 69 percent, with only two in 10 of the poorest 40 percent of the population having bank accounts. In fact, they found the Philippines to have one of the fastest growing smartphone markets in the world. Large numbers of Filipinos are underbanked or unbanked. Additionally, just 4.4

Regional 100

Regional eBook Mobile Analysis 100

PYMNTS

JUNE 25, 2020

” Unison offers them that access point at a time when the product they offer has become particularly relevant to the market’s needs. ” Unison offers them that access point at a time when the product they offer has become particularly relevant to the market’s needs. Alleviating The Pressures Of The Present .

Las Vegas 255

Las Vegas Miami San Diego San Francisco 255

PYMNTS

SEPTEMBER 14, 2016

referendum would impact the markets, but immediately after the nation voted to leave the European Union, it was too soon to decipher who got it right and wrong. ” But what about SMEs in other geographic markets? Analysts quarreled over how the U.K. referendum were revealed. Researchers surveyed 1,800 SMEs across the U.K.,

Survey 100

Survey Trends Capital Lending 100