Lending and Nevada - Community Banking Brief

Trade groups challenge Nevada law allowing applicant’s reliance on spouse’s or former spouse’s credit report

CFPB Monitor

OCTOBER 3, 2019

On October 1, three trade groups filed a lawsuit in Nevada federal court challenging an amendment to Nevada law that allows an applicant for credit with no credit history to request that the creditor deem the applicant’s credit history to be identical to that of the applicant’s spouse during the marriage. See NRS 598B.060.

Nevada

Nevada Groups Report Lending

Rebeca Romero Rainey: Shifts in lending

Independent Banker

JUNE 30, 2022

As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. I’ll be attending the 2022 Idaho, Nevada, Oregon and Washington Bankers Associations’ Annual Convention in Coeur d’Alene, Idaho, and meeting with ICBA’s board of directors. Where I’ll be this month.

Lending

Lending Idaho Nevada Oregon

Report: Zomato Teams With InCred For Loans To Restaurants In India

PYMNTS

DECEMBER 28, 2020

The COVID-19 outbreak has led to a sharp decrease in footfall, order volume, and bucket size within the food services segment,” InCred Head of SMB Lending Saurabh Jhalaria said, per the report. “In In this context, platforms such as Zomato have enabled physical businesses to recover seamlessly. We are happy to join hands with Zomato.”.

Nevada

Nevada Report Lending Capital

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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CFPB continues enforcement trends with consent order for Military Lending Act and EFTA violations

CFPB Monitor

JANUARY 5, 2021

On December 30, 2020, the CFPB announced a consent order with Omni Financial of Nevada, Inc. based on alleged violations of the Military Lending Act (MLA) and Electronic Funds Transfer Act (EFTA). This is the second consent order announced as part of a sweep of investigations for potential MLA violations.

Lending

Lending Trends Nevada Compliance

CFPB fines Nevada lender over alleged Military Lending Act violations

American Banker

DECEMBER 30, 2020

The agency said Omni Financial in Las Vegas illegally required service members to designate a portion of their paychecks to repay loans, depriving of them of other payment options.

Las Vegas

Las Vegas Nevada Lending Payments

Ballard Spahr to hold comprehensive year-end CLE webcast series–Consumer Financial Services in Turbulent Times

CFPB Monitor

OCTOBER 12, 2020

Topics will include credit card and payments regulation, fair lending, Fintech developments, enforcement developments, student and mortgage lending and servicing issues, debt collection, Community Reinvestment Act rules, and anti-money laundering. More information, including how to register, will be available in the coming weeks.

Nevada

Nevada New Jersey Pennsylvania Lending

How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

FEBRUARY 10, 2021

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Stay up-to-date on the latest on ag lending trends. Examples include habitat banks KCoe Isom manages in West Virginia and Nevada with our cattle-ranching clients. Ag Lending. Lending & Credit Risk. Ag Lending.

Lending

Lending West Virginia Resources Operations

Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

FEBRUARY 22, 2022

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

Software

Software Wyoming Idaho Nevada

Wells Fargo Accused On Mortgage Fee Violations

PYMNTS

AUGUST 30, 2017

A Nevada homeowner has filed a lawsuit accusing Wells Fargo & Co of improperly forcing thousands of U.S. Truth in Lending Act. customers to lock in home interest rates when their mortgage applications were delayed. Reuters reported news that Victor Muniz alleges that he was charged $287.50

San Francisco

San Francisco Nevada Regional Analysis

Minnesota federal court decision is warning to lead generators

CFPB Monitor

JANUARY 17, 2019

The amended complaint names a payday lender and two lead generators as defendants and includes claims for violating Minnesota’s payday lending statute, Consumer Fraud Act, and Uniform Deceptive Trade Practices Act.

Minnesota

Minnesota Nevada Lending Policies

One SME Lender’s Take On Regulation And Transparency

PYMNTS

AUGUST 25, 2016

The company takes a more narrow focus to small business lending than some other FIs by targeting the western U.S. But Clearinghouse CDFI can also offer interesting insight into the state of regulation of small business lending and how greater oversight may impact the SMEs that prop up their local communities. A Regional Reach.

Regulation

Regulation Lending Community California

PaySwag Helps Cloud Lending Solutions Go Mobile

Fintech Labs Insights

DECEMBER 17, 2015

Debt repayment app PaySwag will integrate its mobile technology with Cloud Lending’s lending platform courtesy of a partnership announced today. The white-label solution enables Cloud Lending customers to view, pay, and refinance their loans by mobile device. Snehal Fulzele is CEO. Max Hanes is CEO.

Lending

Lending Mobile Nevada California

The United States Of Artificial Intelligence Startups

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). Massachusetts. Indigo Agriculture. May Mobility. Inspectorio.

United States

United States Rhode Island Massachusetts Connecticut

Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

JUNE 12, 2017

Gobble currently serves seven western states: California, Nevada, Washington, Oregon, Arizona, Idaho and Utah. Gobble’s use of data science enables precision, not just in customer satisfaction, but in forecasting, ordering and stocking food, which lends to the company’s efficiency and success. “In

Idaho

Idaho Leadership Operations Nevada

The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

OCTOBER 26, 2017

California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. Click on the image below to enlarge. The company was last valued at $4.5B New Jersey.

United States

United States Fintech North Carolina Rhode Island

Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

DECEMBER 7, 2019

The bank operates thirteen branches, eleven in northern California and two in Nevada. On the lending side they provide customized business capital solutions nationally for small and mid-sized businesses with innovative lending to niche markets. It also operates four loan production offices, three in California and one in Oregon.

Indiana

Indiana Oregon South Dakota Community Bank

Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

MAY 22, 2020

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Designed for borrowers with no credit.

Idaho

Idaho Lending Alabama Wisconsin

FTC Charges Payday Lender With ?Deceptively? Overcharging Clients

PYMNTS

MAY 22, 2020

After a payday lender allegedly left consumers to pay more than promised by drawing continued interest-only deductions, the Federal Trade Commission (FTC) has charged a lending operation with overcharging customers and taking money from their bank accounts without authorization. La Posta Tribal Lending Enterprise; Ebisu Marketing, Inc.;

Nevada

Nevada Lending Regulation Operations

Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

DECEMBER 18, 2014

Western Alliance Bancorporation (NYSE: WAL) Western Alliance, through its subsidiary Western Alliance Bank, provides comprehensive business banking and related financial services, operating full service banking divisions in local markets as Alliance Bank of Arizona, Bank of Nevada, First Independent Bank, and Torrey Pines Bank.

North Dakota

North Dakota Arizona Minnesota Los Angeles

Opploans Personal Loans Review: For Borrowers With Bad or No Credit

MyBankTracker

MAY 23, 2020

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

Rhode Island

Rhode Island Nebraska Alabama South Dakota

Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

MARCH 22, 2016

million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. Tags: SMB, lending, P2P, peer-to-peer, underwriting, credit, investing, Finovate alum. SmartAsset raised $3.8

Company

Company New York City Fintech Colorado

GonzoBanker Awards 2017

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

Conference Industry Community Bank Community

Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

APRIL 30, 2015

HQ: Las Vegas, Nevada. Tags: Peer-to-peer, P2P, lending, investing. Source: VentureBeat. Online real estate investment platform. HQ: London, UK. Latest round: $1 million Seed. Total raised: $1 million. Source: Crunchbase. Prepaid mobile wallet for fundraising. HQ: Grand Rapids, Michigan. Latest round: $900,000 Seed. Total raised: $1.5

Las Vegas

Las Vegas Company North Carolina Fintech

Who were ICBA’s Top Lenders of 2022?

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank

Community Bank Community National Philadelphia

ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

AUGUST 31, 2021

The KSB Lends a Hand program took anniversary funds totaling $20,000 and distributed them to more than 100 local organizations. “We Among its digital innovations is an extensive library of application programming interfaces (APIs) that runs its customer platform and allows the bank to originate and service loans on online lending platforms.

Community Bank

Community Bank Community National Fresno

FinovateSpring 2015 Sneak Peek: Part 8

Fintech Labs Insights

APRIL 30, 2015

Sneak Peek Part 7: Avoka, CBW Bank, Cloud Lending Solutions, Context Relevant, Dealstruck, DriveWealth, Dwolla, Dynamics, Encap Security, EyeBuy, FIS Mobile, Kabbage, Knox Payments, Lending Tree, LendKey. HQ: Las Vegas, Nevada. Sneak Peek Part 6: Credit Sesame, Hip Pocket, itBit, Kofax, Mitek, NAMU Systems, Persistent Systems.

San Jose

San Jose Las Vegas California Tucson

We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

OCTOBER 10, 2017

Nevada — #10 in Credit Karma searches. We talk about this sometimes — what about payday lending, what about some of these other lending instruments where the typical consumer would say, well that’s bad,” founder Kenneth Lin told Fast Company, “But what if you have really poor credit? Mississippi — #1 in Credit Karma searches.

Tools

Tools Millennials US Maine