PYMNTS

AUGUST 17, 2020

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective.

Philadelphia 164

Philadelphia Regional United States Community 164

Independent Banker

JUNE 30, 2022

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.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

NOVEMBER 13, 2017

The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. The Philadelphia and Chicago Federal Reserve recently conducted a more granular study and reached the opposite conclusion as this Cleveland Fed research.”

Study 100

Study Cleveland Online Philadelphia 100

CFPB Monitor

OCTOBER 31, 2018

times more likely to be denied a home mortgage in Philadelphia than white borrowers. Based on an analysis of publicly available HMDA data, the article concluded that black applicants were denied conventional mortgage loans at significantly higher rates than white applicants in 48 cities, including Philadelphia.

Pennsylvania 68

Pennsylvania Philadelphia Connecticut Iowa 68

PYMNTS

MARCH 13, 2019

area, Philadelphia and Boston. The branches will be “a mix of full-service branches that help customers and local small businesses with more complex needs, like lending and advice, as well as smaller, digital-first locations that assist customers [with managing] everyday transactions,” Chase said.

St. Louis 145

St. Louis US South Carolina North Carolina 145

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.

Fraud 157

Fraud Philadelphia Pennsylvania Lending 157

Filene

OCTOBER 19, 2016

QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. Innovation Immersion - Filene’s Innovation Immersion program helps credit unions execute on innovation, ideas, and cultural change.

Philadelphia 28

Philadelphia social media Innovation Digital Strategies 28

Abrigo

APRIL 15, 2020

As a result, some lenders are using solutions that include a standard SBA Form 147 that lenders can autopopulate and save for easy use for the PPP, while others are consulting with lawyers like Joann Needleman, a member of Philadelphia law firm Clark Hill PLC , to draw up their own promissory notes. Lending & Credit Risk.

Lending 222

Lending Philadelphia Payments Community 222

PYMNTS

MAY 22, 2020

Put forth by a consortium of Philadelphia-area advocacy groups and academics, a Regenerator is a kind of public-private partnership that will coordinate available resources and find new ones to help individual businesses survive. “The It’s called Main Street Regenerators.

Maine 138

Maine Philadelphia Community Groups 138

PYMNTS

NOVEMBER 12, 2020

Adding to the problem, the Post reported, is the fact that the looming threat of bankruptcies and defaults has already caused banks to tighten lending. What he and other concerned parties are looking at are the growing reserves that U.S. banks are setting aside to prepare for future losses on some $2 trillion in commercial real estate loans.

New York City 227

New York City New York Missouri Philadelphia 227

CFPB Monitor

FEBRUARY 25, 2016

The 21 st Annual Consumer Financial Services Institute, sponsored by the Practicing Law Institute, will take place on April 4-5, 2016 in New York City (and by live webcast and groupcast in Cincinnati, Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA) and on May 12-13, 2016 in Chicago. Thompson, Managing Counsel, Office of Regulations.

New York City 60

New York City Cleveland Philadelphia New York 60

Abrigo

MARCH 9, 2017

Terms range broadly based on the interests of the bank and the activities and needs of the CDFI—from short term operating lines of credit to long term loans that support a CDFI’s lending to affordable housing and community facilities developers, for example. Banks and CDFIs will also frequently co-invest in projects.

Community 246

Community San Francisco Capital Philadelphia 246

CFPB Monitor

APRIL 11, 2016

The New York City session was held on April 4-5, 2016 (with live webcasts and groupcasts in Cincinnati, Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA).). The CFPB panelists in Chicago will be: Jeffrey Langer, Assistant Director for Installment Lending and Collections Markets. Twohig, Assistant Director for Supervision Policy.

Chicago 60

Chicago New York City Cleveland New York 60

CFPB Monitor

FEBRUARY 17, 2015

The 20 th Annual Consumer Financial Services Institute, sponsored by the Practising Law Institute, will take place on April 6-7, 2015 in New York City (and by live webcast and groupcast in Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA and New Brunswick, NJ) and on April 27-28, 2015 in Chicago.

NJ 60

NJ New York City Cleveland Philadelphia 60

Abrigo

JANUARY 22, 2015

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.

Community Bank 150

Community Bank Community Regional Cleveland 150

Independent Banker

APRIL 30, 2022

The Philadelphia Trust Company. Philadelphia. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. —Molly Bennett, executive editor, Independent Banker. Less than $300 million. By William Atkinson. Tuscaloosa.

Community Bank 172

Community Bank Community Montana Taxes 172

CFPB Monitor

JANUARY 23, 2017

The 22nd Annual Consumer Financial Services Institute, sponsored by the Practising Law Institute, will take place on March 27-28, 2017 in New York City (and by live webcast and groupcast in Atlanta; Philadelphia, Pittsburgh, and Mechanicsburg PA) and on May 4-5, 2017 in Chicago.

New York City 60

New York City Chicago New York Philadelphia 60

CFPB Monitor

SEPTEMBER 25, 2015

The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA. The proposed consent order requires the bank to pay a $5.5

NJ 60

NJ New Jersey New York Philadelphia 60

Abrigo

JANUARY 29, 2016

Officials with the banking regulatory agencies recently outlined best practices they encourage as they relate to evaluating an institution’s fair lending risk, and one of those best practices was to document pricing and other underwriting criteria, including exceptions. According to James L.

Capital 150

Capital Philadelphia Policies Strategy 150

FICO

JANUARY 31, 2019

We also recently presented it at the Federal Reserve Bank of Philadelphia. This lack of transparency is particularly acute for consumer lending, where regulations require lenders to provide adverse action notices. We presented this at the Data Analytics 2018 event organized by IARIA/Think Mind, where it won the Best Paper Award.

Philadelphia 40

Philadelphia Case Study Compliance Lending 40

PYMNTS

NOVEMBER 14, 2017

Online consumer lending – in a variety of forms – has grown explosively over the last decade. Its team of economists takes a rather dim view of the online lending space and the ways in which it recruits and handles its customers – and believes that additional regulation is needed to rein in some of the excesses their research uncovered.

Study 101

Study Lending Cleveland Online 101

Jeff For Banks

MAY 4, 2020

Even churches are closed and the new reality had me watching Easter church services from the Cathedral Basilica in Philadelphia on a website. For most of us here around Philadelphia, the stay at home restrictions began on March 13th, which was Montgomery County‘s date. Restaurants are closed. Theaters are closed. Congress passed $2.3

Marketing 78

Marketing Philadelphia Community Bank US 78

Jeff For Banks

NOVEMBER 14, 2010

But if you bother to look at a map of the state, you will find Indiana in the James Carville description of Pennsylvania: "you have Philadelphia and Pittsburgh and Alabama in between". So both institutions determined in the conference rooms in the executive suite to expand lending beyond their geography. Think Punxsutawney Phil.

Indiana 67

Indiana Pennsylvania Alabama Philadelphia 67

Fintech Labs Insights

JANUARY 7, 2016

HQ: Philadelphia, Pennsylvania. HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. Tags: Consumer, credit, lending, loans, underwriting, investing, P2P. Here are the deals by size from 26 Dec to 31 Dec 2015: Weijinsuo. Person-to-person lender . Latest round: $46 million Series A. HQ: Bejing, China.

St. Louis 12

St. Louis social media Company Fintech 12

Fintech Labs Insights

AUGUST 20, 2015

Alt-consumer lending. Peer-to-peer lending marketplace for small businesses. Tags: Lending, micro-credit, underwriting, servicing. Total raised: $1.75 billion (at least $400 million is debt). Source: Wall Street Journal. HQ: Chicago, Illinois. Latest round: $339 million (Debt). Total raised: $1.43 billion ($1.1 Source: Fortune.

San Francisco 12

San Francisco Company Fintech California 12

Jeff For Banks

FEBRUARY 3, 2017

Bank lending has not been the catalyst it used to be for improved growth in this recovery compared to prior ones; maybe we can point at regulation after regulation being forced onto banks and higher, more restrictive capital requirements. If bank regulations are lifted, lending and thus growth can improve.

Marketing 60

Marketing Taxes Regulation US 60

Jeff For Banks

FEBRUARY 26, 2011

Strategy execution typically lends itself to a long-term view. A textbook case for celebrating the "pop", or premium price received by a seller to celebrating the blues post-transaction because the buyer''s prospects and stock tanked was First Union''s (now owned by Wells Fargo) acquisition of CoreStates in Philadelphia.

Analysis 73

Analysis Strategy Exercises Philadelphia 73

Independent Banker

JANUARY 26, 2016

Fortunately, community banks have a certain leg up by secured lending that is collateralized, a package of credit that takes time to assemble but provides much lower credit costs for customers. For community banks, building an outstanding team of current and future executive talent is crucial. Alan Kaplan, Executive Recruiter Expert. “At

Community Bank 70

Community Bank Community San Diego Strategy 70

Jeff For Banks

FEBRUARY 1, 2019

Indeed, banks generally pull back on lending if longer-term loan rates are less than their cost of funds, which are generally based on shorter-term rates. Since 1960, all six recessions have been preceded by inverted yield curves. Investors are fearful because they see this type of curve hurting economic activity.

Marketing 60

Marketing Community Bank Community Risk Management 60

Gonzobanker

DECEMBER 20, 2019

Brown gives his employees $100 to go open accounts across the Philadelphia area and then shares the results: good, bad and humorous. Best Pundit in Banking – Goes to Tom Brown of Second Curve Capital, who is revered for his annual CEO Conference and whose annual branch mystery shop tradition made press in The Wall Street Journal this year.

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

APRIL 17, 2018

Operating Location: Philadelphia, PA. Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. In October of 2004, Josh founded First Round Capital where he serves as General Partner to this day. Current Firm: First Round Capital (Founding Partner). JEREMY LIEW.

San Francisco 71

San Francisco CA Capital Operations 71

CB Insights

MAY 23, 2019

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. LendingClub founder violates own company’s business practices. Total Funding: $263M. Select Investors: BlackRock, Norwest Venture Partners, Sands Capital. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78