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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. Economists cite as the main culprit the collapse of the subprime mortgage market — defaults on high-risk housing loans — which led to a credit crunch in the global banking system and a precipitous drop in bank lending. To fight inflation, the Fed raised rates aggressively (familiar?).

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

Fintech Labs Insights

Online auto insurance comparison site. Online & mobile payment solutions in Southeast Asia. Online real estate investment platform. HQ: Chatham, NJ. Tags: Peer-to-peer, P2P, lending, investing. Source: Crunchbase. MX (formerly MoneyDesktop). Digital banking platform for financial institutions. HQ: Provo, Utah.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

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.

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FinovateFall 2017 Live Blog – Day 2

William Mills

An industry leader in lending and benchmarking solutions for financial institutions. Chatham Township, NJ 07928. They’re s howing a lending example using their API. Frictionless digital lending is possible. Its an add on to existing online banking. Great mobile device app, offering credit to try it.

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Senate Panel Approves New Small Biz Administration Lead

PYMNTS

Cory Booker (D-NJ) casting the only “no” vote. Last year, the SBA revealed it is working with top technology giants, like Amazon, Microsoft and Facebook, to provide online tools to small business owners. On Tuesday (Jan. Reports said the vote was 18-1, with Sen.

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