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.
Perficient
JULY 11, 2022
Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories. Consumer advocate groups and regulators have also brought forth concerns about the ramifications of BNPL existing outside of the normal credit-reporting system.
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CFPB Monitor
JUNE 15, 2022
The letter explains that although states have tools for going after these lending arrangements, such tools are more costly to employ and less likely to be effective than typical enforcement authorities provided to state financial regulators. Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.
PYMNTS
MARCH 13, 2017
President Donald Trump said reducing Dodd-Frank regulations would benefit SMEs struggling to access financing, according to reports. But community banks, and subsequently their SME customers, are struggling to comply with the complex regulations of Dodd-Frank , he added. Community banks are the backbone of small business in America.”.
Fintech Labs Insights
JUNE 18, 2015
Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. P2P mortgage lending. HQ: Albuquerque, New Mexico. Tags: Risk management, security, regulation, compliance. Year-to-date, $7.7 billion has been invested in the sector. Total raised: $120.8 LendInvest.
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