Independent Banker

JUNE 30, 2022

As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. The forced urgency behind that program lit a fire under us to implement new solutions quickly and efficiently, because our small business customers needed them.

Lending 141

Lending Idaho Nevada Oregon 141

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. “This is an extraordinary thing. .”

Lending 152

Lending Community Bank US Community 152

Bobsguide

JULY 7, 2022

Financial institutions and retail brands gain a new embedded finance platform to help consumers access regulated loans at point-of-sale, powered by Banking as a Service. Financial institutions, distributors and merchants will benefit from a platform that makes it easy for their customers to access lending options.

Lending 68

Lending Seattle Regulation US 68

PYMNTS

AUGUST 12, 2020

regulators, a move that would put the firms into conflict with secrecy laws in China. investors gives us confidence to proceed with the IPO plan despite the impending crackdown by U.S. The move comes as Treasury Secretary Steven Mnuchin warns that Chinese firms that want to be listed on U.S. stock exchanges will have to conform to U.S.

US 147

US United States Lending Regulation 147

Abrigo

DECEMBER 14, 2023

In a banking landscape that is constantly changing with new regulations, increasing competition, and other new challenges, it is critical to maximize your strategic plan's effectiveness. What specific technologies would you like to see us pursue for a better customer experience? Every stakeholder should be on board.

Lending 221

Lending Risk Management Meeting Survey 221

PYMNTS

FEBRUARY 25, 2019

The panel, which traces its genesis back two years, is comprised of two groups, focused separately on lending and payments, and is in turn part of CSBS Vision 2020. “As The Fintech Industry Advisory Panel has developed actionable items for us; we embrace these recommendations, and we are now focused on implementation.”.

Regulation 147

Regulation Fintech Community Bank Community 147

PYMNTS

MARCH 30, 2020

Bank regulators have rolled back the Jan. The CECL accounting standard focuses on estimated losses over the life of a loan; the previous standard still used by many lenders relies on incurred losses. National bank regulators — The Federal Reserve, Federal Deposit Insurance Corp.

Report 166

Report US FDIC National 166

PYMNTS

APRIL 26, 2020

“Every bank is under the cosh of its national regulators, who in times of crisis show a huge home bias,” said Jan Pieter Krahnen, director of the Center for Financial Studies at the University of Frankfurt, according to FT. European regulators have noticed the trend of retreating U.S.

US 143

US Regional America Lending 143

PYMNTS

SEPTEMBER 17, 2019

challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind down commercial lending operations. Following a series of setbacks for U.K. The Times on Sunday (Sept. Metro will look to instead focus on residential property financing as it seeks a new chairman.

Metro 100

Metro Lending Fraud Capital 100

Perficient

NOVEMBER 10, 2023

Retail banks respond to the Federal Reserve’s short-term interest rate adjustments with corresponding changes in lending and deposit rates. Transaction Accounts Regulators classify transaction accounts under the Monetary Control Act of 1980 and the Federal Reserve Regulation D for federal reserve requirements on deposit liabilities.

Risk Management 221

Risk Management United States FDIC Compliance 221

PYMNTS

MARCH 2, 2016

billion goodwill impairment charge tied to its consumer lending unit. And, in another bit of not-so-good news, the bank said that executives at the consumer lending unit have delayed filing the annual report mandated by the Securities and Exchange Commission, due to lingering concerns on how Santander Consumer USA Holdings Inc.

Lending 100

Lending US United States Company 100

The Paypers

JULY 1, 2022

US-based Finastra has unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS).

Lending 36

Lending Regulation US 36

PYMNTS

NOVEMBER 16, 2016

15) that the company is now called QuickBridge and is expanding into the direct-to-business lending sector. ” In another statement, QuickBridge Vice President Jason Oslecki pointed to the company’s ability to better service SMEs by directly lending to borrowers. The alternative lender announced Tuesday (Nov.

Lending 100

Lending Strategy Capital US 100

The Paypers

DECEMBER 7, 2022

Cryptocurrency lending platform Nexo says it is ‘phasing out’ the US side of its operations, after unsuccessful talks with regulators.

US 36

US cryptocurrency Lending Regulation 36

BankBazaar

APRIL 19, 2023

Why did US banks collapse? The US regional banks were under pressure as concern grew among customers and investors about the financial health of the banks in the country. What have the regulators done? The US president has recently said that the perpetrators will face the consequences.

US 78

US United States FDIC Regulation 78

PYMNTS

SEPTEMBER 14, 2020

Plus, new regulations in China will make Ant Group support any payments, lending or finances with substantial funds. New Chinese finance regulations will make Ant Group follow rules to support any lending, payments or other finances with sizable levels of funds. Oracle Officially Named As TikTok’s U.S.

Technology 148

Technology Groups Payments US 148

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019. billion yuan (US$70.4

Lending 131

Lending Regulation Capital Industry 131

PYMNTS

MAY 25, 2016

regulators suggesting that lenders do not finance corporations with an already hefty debt load. Reports by Financial Times said on Tuesday (May 24) that Wells Fargo vowed to continue to lend to businesses that have significant outstanding debt against the guidance of U.S. financial regulators. “We have certain processes.

Lending 100

Lending Regulation America US 100

BankNXT

SEPTEMBER 14, 2017

US regulators should support the integration of location intelligence in banking on BankNXT. John Popeo outlines the potential benefits of widespread adoption of location intelligence to aid financial services.

Regulation 77

Regulation US Security Lending 77

PYMNTS

AUGUST 18, 2019

It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. He said Libra’s associated Calibra wallet plans will be regulated by the U.S. government has over monetary policy. “It monetary policy and the dollar,” the letter stated.

US 173

US social media Policies cryptocurrency 173

PYMNTS

SEPTEMBER 13, 2016

As the fluctuations within the small business lending industry continue, SMEs must keep their eye on the state of the market: whether capital is available, how affordable it is and where it’s coming from. But according to the report, small businesses do have some concerns about regulation. For Sheinbaum, this came as no surprise.

Regulation 100

Regulation Survey Lending Capital 100

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Facilitation of embedded lending while ensuring compliance: Embedded finance initiatives must adhere to regulatory requirements.

Trends 221

Trends Industry Analytics Compliance 221

American Banker

SEPTEMBER 14, 2023

The secretive world of private credit is increasingly being funded by public money, and there will be no FDIC there to bail us out when things go bad.

FDIC 95

FDIC Regulation US Compliance 95

Perficient

MARCH 3, 2022

The Office of the Comptroller of the Currency (OCC) recently released the economic and financial market scenarios that will be used in the upcoming stress tests for covered institutions. As repeated by federal bank regulators, the required economic scenarios are not forecasts. dollar against those countries’ currencies.

Capital 294

Capital Regulation Exercises United States 294

PYMNTS

SEPTEMBER 20, 2018

Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Swimming against that tide is China-based P2P lending provider X Financial. Banks offer credit limits to borrowers that would seem punitively low in much of the Western world, so there is a pent-up demand for online alternatives.

US 166

US Lending New York Cards 166

FICO

MAY 25, 2023

Home Blog Feed test AI Development Can’t Be Paused—But It Can Be Regulated Since Generative AI is here to stay, ChatGPT’s base grew by 9,900% in 60 days, with 1.8 But it is possible to mitigate further wrongs by regulating artificial intelligence, and I believe effective proposed regulation should start from organizations using AI.

Regulation 52

Regulation San Diego Analytics blockchain 52

PYMNTS

MARCH 7, 2018

We do hope that, and believe that, as we get into the late second quarter, early third quarter, that the regulators will now start to … make judgments with respect to sustainability,” said Dolan. Bancorp admitted that it failed to look into certain suspicious customer accounts, as well as concealed key information from its regulator.

Regulation 100

Regulation Minneapolis New York Conference 100

BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 84

Capital Lending US Data 84

PYMNTS

APRIL 16, 2019

Deutsche Bank is reportedly being pressured by European regulators to trim its U.S. Its debt levels dropped by 13 percent and the FI cut 7 percent of its staff, while resources have been reallocated to other key areas of the bank’s operations, including foreign exchange, transaction banking and secured lending, reports said.

US 122

US Operations Resources Regulation 122

PYMNTS

MARCH 8, 2019

PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and customers are becoming used to it and its accompanying data privacy law, GDPR. Because of these new regulations, however, businesses of all types are seeing their relationships with their customers change.

Lending 135

Lending Data Security Regulation 135

Abrigo

APRIL 21, 2020

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending.

Lending 195

Lending Capital Minnesota FDIC 195

PYMNTS

JANUARY 25, 2021

In today’s top payments news around the world, India’s central bank wants stricter regulations for big shadow lenders, while global foreign direct investment (FDI) dropped last year and the pandemic will continue to impact it this year. The central bank of India wants more stringent regulations for large shadow lenders.

United States 217

United States Regulation Payments Lending 217

PYMNTS

FEBRUARY 16, 2018

Periu is CEO and co-founder of Neptune Financial (NepFin) , one of the newer lending companies in the U.S., This presents an opportunity for technology to enhance data collection and automate many aspects of the lending process, but Periu emphasized that technology isn’t going to replace humans in this market.

Lending 101

Lending Marketing Analytics Capital 101

Commercial Lending USA

FEBRUARY 12, 2024

FHA/ HUD LoansCommercial Lending USA is proud to offer FHA/HUD loans ranging from $2 million to $100 million. With our strong relationships with larger lenders and in-depth understanding of HUD’s evolving regulations and policies, we are well-equipped to guide our clients through the complex loan process successfully.

Lending 52

Lending Meeting Policies Regulation 52

PYMNTS

JUNE 17, 2020

Banks like Chase and Wells Fargo have set about tightening the reins on their lending practices, looking to minimize the risk during the times of economic uncertainty. Banks saw a $1.2 percent increase in commercial and industrial loans. They’ve opted to focus for now on clients they already know, rather than take on new ones.

FDIC 203

FDIC US Lending Report 203

PYMNTS

AUGUST 18, 2019

“Big banks’ mortgage businesses are a lot smaller than they used to be,” Jeffery Harte of Sandler O’Neill told FT. I’m thinking of [the refi wave] more like a partial offset to [lending margin] pressure, as opposed to a meaningful earnings boost.”.

US 108

US Comparison Lending Marketing 108

Independent Banker

DECEMBER 31, 2022

We simply need to remember what makes us special as community bankers, and with that as our foundation, we can embrace this season of change in four primary ways: 1. I encourage you to join us and lend your voice to supporting these and other advocacy efforts, which will shape the policy landscape. My Top Three.

Community Bank 218

Community Bank Community Hawaii Washington 218