PYMNTS

JULY 24, 2019

In banking, “too big to fail” has become shorthand for financial firms of scale and reach so significant that any operational or financial difficulties may have ripple effects on the economy at large. billion for small business lending. In a congressional hearing on the proposed merger of SunTrust and BB&T, size was in focus.

Community 130

Community Massachusetts United States California 130

PYMNTS

MAY 7, 2018

Turning to regulatory action within the online lending space, Virginia (the state) has filed a suit against NetCredit, with the allegation that the large lender had charged state lenders more than $47 million in high-interest loans that were in fact illegal. of Massachusetts. Outside the U.S. PHH and the Supremes. Dodd-Frank.

Bitcoin 108

Bitcoin Regulation cryptocurrency Virginia 108

PYMNTS

JUNE 14, 2018

Combined, the application, licensing and startup costs range between $4 million and $6 million, reports said, while the cost of operating a dispensary can be as high as $2 million. Reports also highlighted the successful and wealthy back stories of some of the nation’s current leading marijuana businesses.

Massachusetts 108

Massachusetts Industry Resources Operations 108

CFPB Monitor

NOVEMBER 16, 2021

New York now joins a small group of states, including Illinois and Massachusetts, that apply CRA-type laws to non-depository mortgage lenders.

New York 78

New York Community Regulation Data 78

PYMNTS

JANUARY 26, 2018

It reveals that Mulvaney won’t s hutter the CFPB entirely — possibly because he is prevented by statute from doing so — but will instead change the way it operates going forward. percent related to prepaid cards and 2 percent to payday lending. Data like that should, and will, guide our actions.” .

Lending 101

Lending Cards Millennials Data 101

PYMNTS

JUNE 10, 2020

About a week after that conversation, the state of Massachusetts closed up tight and the Legendary Restaurant Group had a lot of quick pivots to make and some tough triaging to do. And what I heard was ‘Oh, you’re crazy. You’re crazy,’ this is going to be nothing.’”. Unfortunately, Damian was right. Rewriting The Business Plan In Real Time .

How To 132

How To Boston Groups Massachusetts 132

Gonzobanker

DECEMBER 14, 2023

Lifetime Achievement Award (Bank) Cambridge Savings CEO Wayne Patenaude looks to end a long and successful career at one of Massachusetts’ 10 largest banks. The Grow-a-Cool-Niche-Award – goes to Bank Newport for creating a national marine lending business and investing to win with more talent, partnerships and technology.

Fintech 194

Fintech Community Regional Technology 194

CB Insights

OCTOBER 26, 2017

Across the US, well-funded companies are rethinking how the financial system operates. California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Massachusetts. Click on the image below to enlarge. The company was last valued at $4.5B Allied Payment Network. $

United States 78

United States Fintech North Carolina Rhode Island 78

Jeff For Banks

MARCH 3, 2018

They can be a strategic shift of your franchise, a new product line, or a new operating environment. billion in assets Massachusetts bank developed Zrent so it's landlord customers could more efficiently collect rent from tenants. Today there are less than 5,700. A 26% decline. Was I a futurist? Leader Bank - A $1.2

Apple 65

Apple Millennials Massachusetts FDIC 65

CFPB Monitor

JANUARY 12, 2021

Congress should authorize the Bureau to issue licenses to non-depository institutions that provide lending, money transmission, or payment services. Congress should grant the Bureau explicit authority to examine institutions for Military Lending Act compliance. Fintech regulation. Small dollar credit.

Report 78

Report Regulation Policies Compliance 78

PYMNTS

NOVEMBER 8, 2017

Take, for instance, that nearly 100 years post-Prohibition, there are still eight towns in Massachusetts where the sale of alcohol is still illegal. . And that’s before you throw in the esoteric requirements of state and local jurisdiction.

Retail 101

Retail Regulation Compliance Massachusetts 101

Jeff For Banks

MAY 9, 2019

If you look at the support center expenses branches must absorb for operations, technology, compliance, etc. And that, my readers, is why branches (and in most cases, lending functions) have been so slow to transform their capabilities to meet the modern customers' needs. But we haven't translated less staff into more capable staff.

Survey 60

Survey Community Community Bank Resources 60

CB Insights

APRIL 17, 2018

15 of the top 20 operate in the Greater Bay Area. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. Operating Location: Philadelphia, PA. Operating Location: Menlo Park, CA. Operating Location: San Francisco, CA. 11 of the top 20 worked in big tech prior to entering VC.

San Francisco 71

San Francisco CA Capital Operations 71

Fintech Labs Insights

JULY 14, 2016

Bank operating system. HQ: Boston, Massachusetts. HQ: Cambridge, Massachusetts. Tags: Consumer, lending, alt-lending, underwriting, credit. Source: Crunchbase. Enerprise health benefits platform. Latest round: $17.7 million Series C. Total raised: $65.7 HQ: Palo Alto, California. Source: FT Partners. Alt-lender.

San Francisco 12

San Francisco Company Fintech California 12

Gonzobanker

DECEMBER 19, 2017

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. The Real “Lending” Stock Award – Goes to longtime player LendingTree. THE BANKING AWARDS.

Conference 91

Conference Industry Community Bank Community 91

Jeff For Banks

OCTOBER 19, 2012

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. trillion of securities amassed during QE1 and QE2. Or should I say “manipulate” interest rates lower?

National 78

National Security US Massachusetts 78

William Mills

SEPTEMBER 12, 2017

I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc. An industry leader in lending and benchmarking solutions for financial institutions. They are based in Massachusetts so I bet they came out of MIT.

Samsung 69

Samsung Mobile User Experience Google 69