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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. The wave of borrower defaults has forced many such platforms to pivot toward a quality borrower-focused future. ” Will those securities pay?

Lending 116
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Eyes Facing Forward

Independent Banker

Cady, managing partner of CS Consulting Group LLC in San Diego, will help lead a Community Banking LIVE workshop on forces shaping the future of the community banking industry, titled “Future Forces: How to Thrive in a World of Digital Disruption.” Develop senior management incentive programs that are performance driven.

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‘Buy Now Pay Later’ Breaks Through

PYMNTS

Millennials and Gen Yers are notoriously distrustful of credit. millennials have a credit card – which is to say a single credit card – and why one-third of all Americans today have never even applied for one. cities (LA, Chicago, Brooklyn, Houston, Philadelphia) seeing the greatest action. The concept has legs.

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The 2019 GonzoBanker Awards

Gonzobanker

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. Brown gives his employees $100 to go open accounts across the Philadelphia area and then shares the results: good, bad and humorous.

Idaho 148
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Online Lending And A Tale Of Two Fed Studies

PYMNTS

The recent release of a study by the Cleveland Federal Reserve has managed to increase the decibel level of that debate.

Study 101