PYMNTS

JANUARY 24, 2019

A server running an Elasticsearch database contained sensitive data from as far back as 2008 that included loan and mortgage agreements, repayment schedules and other financial and tax documents. Reporters were able to find out that the vendor mentioned is New York-based OpticsML.

Taxes 155

Taxes New York Security Data 155

CFPB Monitor

JUNE 5, 2020

The FTC recently announced a settlement of its lawsuit filed in a New York federal district court against a New York City car dealership and its individual general manager in which the FTC alleged that the defendants discriminated against African-American and Hispanic car buyers and engaged in other illegal business practices.

New York City 122

New York City Policies New York Lending 122

Jeff For Banks

MAY 20, 2017

and New York Community Bancorp called off their planned merger. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

DECEMBER 13, 2019

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

Capital 132

Capital Lending Strategy Community 132

PYMNTS

MARCH 13, 2017

Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. Great news for buyers — possibly risky news for lenders. Many liens and judgements do not include all of that data.

Report 111

Report Data Taxes New York 111

PYMNTS

FEBRUARY 20, 2018

Late payments and out-and-out defaults and charge-offs are on the rise across a few lending segments. According to the New York Federal Reserve, household debt surged in the final quarter of 2017 to $13.15 A fair portion of that interest rate, according to the Fed, was an uptick in mortgage lending. Student Lending.

Lending 105

Lending Cards America New York 105

PYMNTS

JUNE 1, 2016

As the controversy around payday lending continues to swirl and questions about how and if low-dollar loans can be offered to low-income workers in a fair and low-cost manner are brought up more and more, a new potential source of such funds has started striding onto the field.

New York 100

New York Millennials Taxes Lending 100

PYMNTS

JANUARY 24, 2017

the lending arm of Ford Motors — announced yesterday (Jan 23) that going forward it will use AutoFi Inc. AutoFi doesn’t underwrite or decide loans on its own — as a marketplace for lending, it allows auto dealers to select banks, credit unions or alt lenders to pitch to prospective car buyers. Ford Motor Credit Co. —

Online 100

Online Lending New York Taxes 100

Independent Banker

JULY 30, 2015

In New York, IBANYS plays creative offense and strong defense on several issues. The Independent Bankers Association of New York State has been actively advocating for several initiatives to enhance community banking and the communities and customers our members serve. By John Witkowski. 3616 and A. 4785 and A.

Community Bank 70

Community Bank New York Community Taxes 70

PYMNTS

NOVEMBER 20, 2017

CNBC said it was hard to determine how many people lost their licenses, but public records reviewed by The New York Times named at least 8,700 cases in which occurred. The report noted that the actions have impacted firefighters, nurses, teachers, lawyers, massage therapists, barbers, psychologists and real estate brokers.

South Dakota 129

South Dakota Tennessee New York Taxes 129

PYMNTS

FEBRUARY 10, 2020

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

Taxes 175

Taxes Illinois Study Operations 175

PYMNTS

JULY 31, 2017

The 60-page report, which The New York Times has reportedly seen and reviewed, also indicates that targets of Wells Fargo’s latest breach of consumer trust included military service members on active duty. Codel, head of consumer lending at Wells Fargo, said in an interview. “We North Korea’s For-Profit Hacking.

Taxes 100

Taxes Data Security Report 100

Independent Banker

MARCH 31, 2022

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. At-large director Jill Sung (not pictured), President and CEO, Abacus Federal Savings Bank, New York City. For instance, ICBA is calling for congressional hearings on the credit union tax exemption.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

APRIL 20, 2018

Goldman’s first toe in the water was Marcus, its consumer banking and lending platform, said to be named after its founder. According to figures released by Goldman in their Q1 earnings report, Marcus has issued $3 billion in new consumer loans since launching in October of 2016. “Our The Big Bet on Consumer Services.

New York 101

New York Lending Tools Boston 101

PYMNTS

MARCH 14, 2017

In 2015, all three credit-reporting firms settled out of court with the state of New York (and then the 31 other states that filed similar actions), and while several practices were at issue, how the agencies report errors was a highlight. Which is good news for consumers — but will it be good news for lenders?

Taxes 100

Taxes Report Data Lending 100

PYMNTS

JANUARY 25, 2021

I think at some point, people told their professional financial staff to hold out until the first of the year to figure out how this would affect taxes. As Edwards noted, the state was hit by COVID-19, but not with anywhere near the force of hotspots like New York or Los Angeles.

Los Angeles 256

Los Angeles Georgia Atlanta New York 256

PYMNTS

AUGUST 22, 2018

The New York Times offered a series of anecdotes yesterday that shows what happens when selling means that cryptocurrencies are down 75 percent from their peak (as they are now). If it comes out that XRP is a security, for example, then taxes will surely hit hard. And then again … beyond timing, what of fundamentals?

cryptocurrency 100

cryptocurrency Boston United States Course 100

PYMNTS

JULY 6, 2020

115,000 worth of fraudulent payments were reportedly made by former leaders of a small town in Missouri , the New York Times recently reported. Attorney David Anderson releasing a statement last month noting that the shop “was not paying required payroll taxes for his employees” despite obtaining the PPP funding.

Fraud 148

Fraud Missouri California Report 148

Independent Banker

DECEMBER 13, 2015

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. By Howard Schneider.

Community Bank 70

Community Bank Lending Community Security 70

Independent Banker

DECEMBER 31, 2021

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). will continue its mission to fund microloans to new small businesses in New York City’s low-income neighborhoods, says president and CEO Carlos P.

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

NOVEMBER 24, 2015

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. By Howard Schneider.

Community Bank 70

Community Bank Lending Community Security 70

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. For the small and medium-sized enterprise, tax returns are a pain, but noncompliance could cost them big.

Capital 100

Capital Management Taxes Security 100

CB Insights

OCTOBER 21, 2018

Business Lending & Financing. General Lending & Marketplaces. Mortgage Lending. Point-of-Sale & Personal Lending. Alternative lending platform SoFi raised a $500M Series F from SoftBank Group, GPI Capital, and Silver Lake Partners. Business Lending. Business Lending. Business Lending.

Fintech 78

Fintech Lending Capital Analytics 78

Gonzobanker

DECEMBER 17, 2021

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. We salute a legend of lending and credit union leadership.

Fintech 148

Fintech Strategy Leadership Lending 148

Fintech Labs Insights

APRIL 13, 2016

Our FinDEVr New York developer showcase last week was a success! On FinDEVr.com: FinDEVr New York Presentation Videos Live on FinDEVr.com. Google’s Guide: New Book Explains How Google Manages its Cloud Infrastructure. Google’s Guide: New Book Explains How Google Manages its Cloud Infrastructure.

San Jose 12

San Jose New York Atlanta Lending 12

Independent Banker

APRIL 30, 2022

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. Quite the opposite, really—we often choose to lag behind competitors in offering new products and services purely due to barriers to entry from a pure cost standpoint. We’re looking into investing in a new coffee maker. pre-tax ROA: 2.68%.

Community Bank 172

Community Bank Community Montana Taxes 172

Jeff For Banks

MARCH 13, 2010

When Milton Friedman penned his 1970 editorial in the New York Times regarding the social responsibility of business, there was much political upheaval against government and business by the newly enlightened hippie-set. Ten percent of its pre-tax profits are given to Christian non-profit organizations. Could it work for you?

New York 60

New York New Jersey Community Pennsylvania 60

Jeff For Banks

MARCH 13, 2010

When Milton Friedman penned his 1970 editorial in the New York Times regarding the social responsibility of business, there was much political upheaval against government and business by the newly enlightened hippie-set. Ten percent of its pre-tax profits are given to Christian non-profit organizations. Could it work for you?

New York 60

New York New Jersey Community Pennsylvania 60

Fintech Labs Insights

OCTOBER 21, 2015

Are you building new financial technology? We’re taking the fintech developer tool showcase to New York March 29 & 30, 2016. Developer news: Dev Bootcamp and Metis partner with Skills Fund to broaden access to web developer and data science programs. Avalara announces Sales Tax Accuracy Guarantee.

San Francisco 12

San Francisco Conference Samsung Lending 12

Fintech Labs Insights

MARCH 22, 2016

It was another busy week for Finovate alums with six raising new funds: StreetShares raised $4.5 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. SmartAsset raised $3.8

Company 12

Company New York City Fintech Colorado 12

Fintech Labs Insights

NOVEMBER 12, 2015

HQ: New York City. Lending marketplace targeting Hispanic-owned small businesses. HQ: Buffalo, New York. HQ: New York City. Tags: SMB, savings accounts, tax, Lincoln Savings Bank (partner). Source: Crunchbase. Bread Finance. Unsecured consumer financing of purchases. Latest round: $14.3

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

MAY 19, 2016

Marketplace small business lending platform. Income tax service. HQ: New Delhi, India. HQ: New York City. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects.

San Francisco 18

San Francisco Company Fintech California 18

CB Insights

FEBRUARY 13, 2020

Business lending and corporate cards. Atlas reduces barriers to new business creation. Stripe also came on scene that same year, offering a new approach to the payments ecosystem. Most recently, Stripe has launched a Corporate Card and a Lending product geared towards small businesses. Fraud prevention tools.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

DECEMBER 1, 2015

And while Zopa and Equifax have had been working together since 2005, the new agreement gives Zopa “deeper insights into customer behavior” that should result in a better performing loan portfolio for Zopa and better rates for many customers. A few metrics from Zopa: Over £1 billion lent to U.K. More than 50,000 active lenders.

San Francisco 12

San Francisco social media Lending New York 12

Fintech Labs Insights

OCTOBER 19, 2015

HQ: New York City. HQ: New York City. HQ: New York City. Tags: Enterprise, lending, insurance, risk management, underwriting. Source: TechCrunch. Alt-lender to small businesses. HQ: Atlanta, Georgia. Latest round: $135 million at $1 billion valuation. Total raised: $600 million. Source: Finovate.

New York City 12

New York City Company Fintech New York 12

Lex Sokolin

JANUARY 14, 2021

Like taxes. is New York better than Wyoming ?), Economically larger states want to defend their current position, including defending their large banking constituents, while smaller states want to lower switching costs so that new entrants choose to charter there. The IRS just wants its pound of flesh.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

Like taxes. is New York better than Wyoming ?), Economically larger states want to defend their current position, including defending their large banking constituents, while smaller states want to lower switching costs so that new entrants choose to charter there. The IRS just wants its pound of flesh.

America 52

America Wyoming National Capital 52