PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

cryptocurrency 349

cryptocurrency Report Regional Capital 349

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.

Los Angeles 101

Los Angeles New York FDIC Lending 101

Payments Source

AUGUST 14, 2019

Black and Hispanic owners of one-person businesses are more likely to be discouraged from applying for financing, and they’re less likely to receive financing when they do apply for it, than their white counterparts, according to a new report from the New York Fed.

New York 67

New York Lending Report Community Bank 67

American Banker

SEPTEMBER 24, 2020

Before the pandemic emptied the city, few lenders benefited from the heady local real estate market as much as regional players New York Community Bancorp and Signature Bank. Now they're becoming a case study for potential trouble from a sudden downturn in the Big Apple's property sector.

Case Study 75

Case Study New York Regional Apple 75

PYMNTS

DECEMBER 17, 2018

The Federal Reserve began raising interest rates about three years ago from almost zero, and after the financial crisis, many small and regional banks ramped up their lending with long-term and low-rate loans. They use more of their deposits for loans, and customer loss could affect a bank’s ability to frugally fund lending.

Virginia 144

Virginia Lending New York National 144

PYMNTS

JULY 2, 2020

Mastercard and Eedenbull are broadening their existing partnership into the Asia Pacific region in a move that sees Mastercard supporting EedenBull’s commercial card platform offered to banks. ” Mastercard, EedenBull Expand Into APAC. ADP Eyes Payroll Card Adoption Jump. In a collaboration with U.K.

Cards 208

Cards New York Capital Compliance 208

American Banker

DECEMBER 29, 2020

The switch to Thomas Cangemi from longtime CEO Joseph Ficalora could foreshadow a push to curtail the company’s reliance on multifamily lending and the pursuit of a bank acquisition that lowers funding costs.

New York 39

New York Community Lending Regional 39

PYMNTS

AUGUST 11, 2017

PayPal, building on that capacity, will be able to offer loans of up to $500,000 to its larger merchants and take advantage of Swift Financials’ data capabilities to lend to companies that may not be long-time users of its services. Plus, PayPal can do what it most wants to: meet more of the needs of its customers.

Lending 117

Lending Capital Video Online 117

PYMNTS

JUNE 15, 2020

While our lending business has served Main Street small businesses for years, we knew that as our sellers and their communities were facing deep economic uncertainty, we could play a meaningful role in disbursing stimulus funds,” said Jacqueline Reses , the head of Square Capital, in a statement. “I’m

Capital 141

Capital San Francisco New Jersey Massachusetts 141

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

FEBRUARY 18, 2020

as quoted by the newswire , the interest rate reduction is “in line with expectations, while the injection amount is relatively small, as interbank funding is sufficient after the new year.”. According to Zhou Guannan, an analyst at Huachuang Securities Co.,

Policies 130

Policies Retail New York Lending 130

South State Correspondent

SEPTEMBER 20, 2023

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

Management 195

Management Survey Industry Community Bank 195

South State Correspondent

JANUARY 4, 2023

Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. Conclusion.

Community Bank 195

Community Bank Capital Training Lending 195

American Banker

OCTOBER 16, 2020

The family-owned bank from the South and the New York commercial lender each would fill a clear need for the other. First Citizens would gain business lending expertise and an online deposit-gathering platform, and CIT would get the cheap deposits it coveted.

New York 50

New York Lending Online Groups 50

American Banker

OCTOBER 20, 2016

SunTrust Banks in Atlanta has agreed to buy the multifamily lending business of Pillar Financial in New York.

Lending 28

Lending Atlanta New York Regional 28

Jeff For Banks

NOVEMBER 19, 2014

But in strategic planning retreats that I moderate, community financial institutions insist that they lend to small businesses. In fact, when I recently spoke to a group of New York bankers, I opined that community FIs would lend to small businesses only if they have three years of operating profit and a building as collateral.

Lending 95

Lending San Francisco Community Community Bank 95

PYMNTS

JULY 17, 2018

In one case at the state level (and it’s New York, so movement there carries much weight within the financial arena), Bloomberg reported that NY’s financial regulator is challenging what the newswire terms a “fundamental principle” on bank and FinTech relationships that brings interest rate caps into that regulator’s crosshairs.

Fintech 100

Fintech Regulation New York Management 100

PopularBank

OCTOBER 2, 2020

I am proud to share that Popular’s commitment to meeting the diverse and growing needs of our customers and communities across all our regions is stronger than ever before. And now, we are working diligently to help our commercial clients explore financing options through the CARES Act Main Street Lending Program.

Community 98

Community New York New Jersey Meeting 98

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks with access to central bank liquidity continued or even expanded their lending. A pandemic or natural disaster can impact lending in several ways.

Lending 69

Lending Study Marketing Capital 69

American Banker

JANUARY 17, 2020

People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.

Connecticut 48

Connecticut Regional New York Massachusetts 48

PYMNTS

JANUARY 29, 2018

One scenario is the state could take from the prosperous — coastal regions or high-tech, for example — and give to the struggling,” Bloomberg said at the time. According to reports at the time, corporate debt levels hit higher than 150 percent of the nation’s gross domestic product (GDP). We have to focus,” Huiman said. “If

National 100

National Regulation New York Regional 100

American Banker

OCTOBER 26, 2016

The Japanese banking giant Mitsubishi UFJ Financial Group has launched a new aviation finance business in the Americas and has named aircraft finance veteran Olivier Trauchessec managing director of the unit.

New York 28

New York America Groups Management 28

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. Alternative Lending. Even with doubts arising about its vitality, alternative lending seems to never fail to land on the venture capital board. Software-as-a-Service.

Fintech 100

Fintech Software Capital Lending 100

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth.

Fintech 148

Fintech Strategy Leadership Lending 148

CB Insights

OCTOBER 10, 2017

in 2017 YTD (9/13/2017) — more money than the region has ever pulled in before. Those investing in the region include China’s tech giants , the region’s conglomerates owned by some of the region’s richest families, and venture capital funds. Its investments so far include a $1.5M hubert burda.

Regional 73

Regional Capital New York Management 73

Independent Banker

SEPTEMBER 26, 2014

Michael Gilfeather on trust services opportunities in New York. in the Mid-Hudson Region of the Hudson Valley. It’s a really simple and brilliant idea that lends itself well to community banks. I’m also an avid New York Jets fan. in Middletown, N.Y. IB: Where is Orange County Trust Co.?

New York 79

New York Community Community Bank Regional 79

Jeff For Banks

APRIL 25, 2014

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? My answer: The CEO was 67 years old and that would obviously be an impetus for a sale.

Community 95

Community New York Indiana Connecticut 95

PYMNTS

AUGUST 20, 2018

Despite direct exposure to the region, they remain unaware of the GDPR requirements. But in the meantime, Brock Blake, who is chief executive of Lendio, a small business lending platform, told the newswire that “you are going to have a bunch of lenders sitting around waiting.”

Fintech 101

Fintech Survey Regulation Resources 101

American Banker

JULY 8, 2020

The New York commercial bank says geographic diversification is a long-term necessity and that the interplay of its private banking and commercial banking businesses has helped it withstand the economic shock of the coronavirus.

New York 57

New York Regional Strategy Management 57

American Banker

AUGUST 9, 2016

Wall Street Journal, New York Times … Barclays settles again: Barclays Bank agreed to pay $100 million to settle charges by 43 states and the District of Columbia that it tried to manipulate the London interbank offered rate thereby defrauding government entities and nonprofits out of millions of dollars.

District of Columbia 28

District of Columbia Lending New York Regional 28

American Banker

MAY 4, 2020

Some megabanks are pushing New York lawmakers to add a legal safe harbor if lenders use the new Secured Overnight Financing Rate. Smaller banks would have little choice but to take that option.

New York 56

New York Security Regional Lending 56

American Banker

NOVEMBER 30, 2016

The decisions by JPMorgan Chase, Fifth Third and other banks to keep subprime auto lending in check look wise after new delinquency data from the New York Fed.

New York 28

New York Marketing Lending Data 28

Fintech Labs Insights

APRIL 5, 2017

We saw some great stuff at FinDEVr New York last month; stay tuned for videos of the live presentations! FinDEVr in the Springtime: Wrapping Up New York & Kicking Off London. FinDEVr in the Springtime: Wrapping Up New York & Kicking Off London. FinDEVr New York 2017 in Photos.

New York 15

New York Video Regional Lending 15

PYMNTS

JUNE 25, 2020

Some of the data, Gay said, was unsurprising: cities like San Francisco, New York and Boston will be particularly resilient because of the high percentage of jobs in areas like technology, academia and medicine that have been fairly resistant to the economic downturn.

Las Vegas 255

Las Vegas Miami San Diego San Francisco 255

PYMNTS

MAY 27, 2016

SME Lending. The Mexico-based online lending platform revealed an $8 million Series A funding round this week, a move that will help the company as it looks to strengthen Latin America’s SME finance game. Konfio links microbusinesses in the region to financing. Konfio is one of them.

Capital 100

Capital Management Taxes Security 100

Abrigo

FEBRUARY 24, 2015

In January the New York Times reported that 16.5 million new automobiles drove off the lot last year – the highest number since before the Great Recession. And just as in mortgage lending , credit unions are seeing a bigger piece of the consumer loan pie. credit union auto lending portfolios are faring.

Lending 150

Lending Alaska Regional Indiana 150

Fintech Labs Insights

JULY 27, 2016

Our FinDEVr New York developer showcase was a success! The latest from FinDEVr New York 2016 presenters. Kabbage turns to Marketo for new marketing solutions. Cloud Lending Solutions adds new online modules to its Learning program. Google Cloud Platform opens its first West Coast region.

New York 12

New York Google Regional Capital 12