PYMNTS
JANUARY 29, 2020
Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.
PYMNTS
MARCH 26, 2020
Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. Pennsylvania Offers State-Level Support. A task force of U.K.-based
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PYMNTS
JULY 29, 2019
In Pennsylvania, a local CU is working to enhance its members’ financial journeys with improved personalized experiences using data analytics solutions. Pennsylvania State Employees Credit Union (PSECU) recently announced plans to implement tools from FICO to deliver “near real time” personalized alerts. Around the Credit Union World.
PYMNTS
JULY 3, 2019
The latest to do so is Provident Financial , a New Jersey-based bank providing consumer and business banking services in New Jersey and Pennsylvania. Reports in American Banker on Tuesday (July 2) said the bank is collaborating with alternative small business lending company Fundation to strengthen its SMB lending position. “We
PYMNTS
OCTOBER 7, 2019
New scrutiny has hit a Pennsylvania public transport authority, SEPTA, with sources telling The Philadelphia Inquirer that allegations of fraud have led to involvement by the Federal Bureau of Investigation. percent of overall revenue to lending fraud, that figure jumps as high as 5.8 Mixing Internal and Internal Fraud.
Jeff For Banks
DECEMBER 28, 2023
I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. We offer an online portal where clients can view their reports down to the general ledger level. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve.
South State Correspondent
MAY 9, 2024
The Midwest continues to perform the best, followed by Pennsylvania. Multifamily, while the actual risk remains low, is increasing in risk by a factor of three due to the continued supply that is coming online this year in most markets. Below is a breakdown by state and their net probability of default increases, year-over-year.
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