PYMNTS

MAY 7, 2018

Turning to regulatory action within the online lending space, Virginia (the state) has filed a suit against NetCredit, with the allegation that the large lender had charged state lenders more than $47 million in high-interest loans that were in fact illegal.

Bitcoin 108

Bitcoin Regulation cryptocurrency Virginia 108

PYMNTS

SEPTEMBER 24, 2018

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. In May , Sears Holdings announced that it had expanded its leasing program to allow customers to finance a variety of products, both in-store and online.

Puerto Rico 176

Puerto Rico West Virginia Vermont Wisconsin 176

CFPB Monitor

MARCH 30, 2015

On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. The Commissioner of Virginia’s Bureau of Financial Institutions, E. Michael Calhoun, President, Center for Responsible Lending.

Virginia 60

Virginia Lending Regulation America 60

PYMNTS

JULY 20, 2018

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Investors placed more than $136.5 This week, Fattmerchant announced $10.5 OfBusiness.

Analytics 105

Analytics Capital Tools California 105

Independent Banker

JANUARY 31, 2022

If I’m an anonymous person applying online through a digital account opening process, my risk management practices have to look remarkably different.”. Elizabeth Judd is a writer in Virginia. “Think about it this way,” Potts says. “If Tiffany Lukk.

Community Bank 159

Community Bank Community Fintech Risk Management 159

CFPB Monitor

DECEMBER 19, 2014

Mishkin As part of this week’s flurry of enforcement-related announcements, the CFPB announced the settlement of a lawsuit filed jointly with the Attorneys General of North Carolina and Virginia against Freedom Stores, Inc.

North Carolina 74

North Carolina Retail Company Virginia 74

Independent Banker

NOVEMBER 25, 2015

Meanwhile new competitors regularly emerge, including person-to-person facilitators such as digital wallet provider Venmo, crowd-funding loan provider Lending Club and real-time cryptocurrency settlement company Ripple. See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.).

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

JUNE 30, 2016

The latest June count for where Walmart Pay is available is: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, Alabama, Georgia, Louisiana, Missouri, Mississippi and Washington, Missouri, Texas, Arkansas, and Washington, D.C. Walmart Pay’s US Expansion.

Mobile 104

Mobile Samsung Apple Missouri 104

Fintech Labs Insights

MARCH 22, 2016

The Series A round for online small business lender, StreetShares , is off to a strong start with lead investor Fenway Summer Ventures putting $4.5 StreetShares is a P2P lending platform specializing connecting investors and small business borrowers from within the same community. million into the company.

Virginia 12

Virginia Lending Community Online 12

Fintech Labs Insights

AUGUST 20, 2015

billion) went to three online lenders (Sofi = $1 billion, Avant = $340 million, Dianrong = $220 million). Alt-consumer lending. Peer-to-peer lending marketplace for small businesses. Tags: Credit, P2P, lending, underwriting, investing, SMB. Last week was the record number of deals, with 27. billion, from 25 companies.

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

MARCH 22, 2016

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. Tags: SMB, lending, P2P, peer-to-peer, underwriting, credit, investing, Finovate alum. SmartAsset raised $3.8

Company 12

Company New York City Fintech Colorado 12

Fintech Labs Insights

JANUARY 13, 2016

Lendful Financial. Online alt-lender. Online accounting. Consumer lending software for financial institutions. HQ: Manakin Sabot, Virginia. Tags: SMB, lending, loans, commercial lending, underwriting, alt-lender, Accion (investor). Total raised: $319.7 million ($44.7 HQ: New York City. Street Contxt.

Company 12

Company New York City Fintech Lending 12

Fintech Labs Insights

JANUARY 18, 2016

Online marketplace for real estate investing. Online consumer lending. Person-to-person small biz lending platform. Multi-family lending management. HQ: Reston, Virginia. Tags: Consumer, credit, lending, loans, underwriting, investing, P2P, student loans. Source: Crunchbase. Total raised: $136.7

Company 12

Company New York City Fintech San Francisco 12

CB Insights

APRIL 17, 2018

Brian Singerman started his career as a Software Engineer for 3D online virtual-world company, There Inc. Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. in Australia and South Africa before taking up various roles with online city guide business CitySearch in 1996.

San Francisco 71

San Francisco CA Capital Operations 71

CFPB Monitor

JUNE 3, 2016

” In other words, “the Bureau is seeking information about certain consumer lending practices to increase the Bureau’s understanding of whether there is a need and basis for potential future efforts, including but not limited to future rulemakings, supervisory examinations, or enforcement investigations.”

Report 60

Report Lending Kansas City Kansas 60

Independent Banker

NOVEMBER 30, 2021

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. Kelly Pike is a writer in Virginia. Pascagoula, Miss.

Community Bank 164

Community Bank Community Texas Leadership 164

Abrigo

NOVEMBER 17, 2023

How to close more loans by speeding up lending and credit analysis Seeking a quicker loan origination workflow is worth it. Takeaway 3 Many aspects of traditional lending that slow down the loan origination process can be addressed through expanded automation. Learn where to find opportunities for improvement.

Lending 221

Lending Software System Taxes 221

CB Insights

MAY 23, 2019

Pixelon: Online video vaporware. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US. Total Funding: N/A.

Fraud 78

Fraud Las Vegas Company Video 78

Fintech Labs Insights

SEPTEMBER 1, 2016

Online payment service. Lending marketplace for small businesses. Online insurance broker. HQ: Reston, Virginia. Tags: Institutions, lenders, mortgage, lending, customer service, mobile, account opening. HQ: Shenzen, China. Source: Crunchbase. Latest round: $15 million Series B. Total raised: $15 million.

New York City 18

New York City Company Fintech Comparison 18

Fintech Labs Insights

AUGUST 1, 2016

Online payroll system. HQ: Glen Allen, Virginia. Alt-lending to small businesses. Marketplace lending analytics. Online accounting. Tags: Institutions, advisors, analytics, BI, lending, loans, securitization. Total dollars raised YTD is now $17.4 billion, more than double the $8.4 Latest round: $45 million.

Company 12

Company Fintech New York City Lending 12

Fintech Labs Insights

MAY 28, 2015

Online consumer giftcard platform. Finnish P2P lending marketplace. HQ: Reston, Virginia. Online accounting service. Ecommerce & payments platform for online merchants. Tags: P2P lending, peer-to-peer, alt-finance, crowdfunding, investing. Acquire Real Estate. HQ: New York City. Latest round: $6.0

Company 12

Company Fintech New York City New York 12

PYMNTS

MARCH 23, 2017

In the meantime, I went out and competed in the Virginia Velocity Tour, where I won a $25,000 grant to keep going, and I did a trunk show at Bloomingdale’s in New York City. You can order online now, but we plan to make the site a little bit more robust with additional inventory and a better user experience for the customer.

New York City 104

New York City Branding social media Virginia 104

CB Insights

NOVEMBER 9, 2017

Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures. via MDDI Online. Inside the infrastructure that drove its online service, it assigned every Aereo user a mini broadcast TV antenna, and it used this to argue that its service was no different than sticking a pair of bunny ears on your television.

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

JULY 30, 2018

Virginia Senator Mark Warner, vice chairman of the Senate Intelligence Committee, released a policy paper detailing 20 options for the government to start regulating big tech a lot more closely. The report, for example, calls out various online lending platforms that include “social media data” to make underwriting decisions.

Regulation 101

Regulation Policies social media Data 101