PYMNTS

NOVEMBER 14, 2017

These conclusions are diametrically opposed to those released jointly just a few months ago by the Chicago and Philadelphia Fed economists, who determined that online lenders serve those who are systemically underserved by traditional financial channels and benefit greatly from their services. Cleveland’s Dark Outlook.

Fed 40

Fed Federal Reserve Regulations Small Business 40

PYMNTS

NOVEMBER 27, 2018

They’re also taking their toll on the non-bank mortgage lenders that proliferated in the good old days of zero or near-zero interest rates, compliments of the Federal Reserve. The Incredible Shrinking Non-Bank Mortgage Lending Market. Instead, they often rely on short-term bank loans – now also at a more expensive rate.

Non-Bank 46

Non-Bank Underwriting Federal Reserve Origination 46

PYMNTS

DECEMBER 23, 2016

“Just over a decade ago, checks were the predominant type of noncash payment in the United States, while, one by one, starting in 2007, non-prepaid debit card, then credit card, and then ACH payments (with debit transfers and credit transfers combined) overtook check.”. billion in that timeframe. billion in that timeframe.

Debit Card 40

Debit Card Federal Reserve Chip Cards CHIPS 40

PYMNTS

APRIL 17, 2018

Interest rates plummeted as the Fed held the federal funds rate at zero in the hopes of stimulating lending in an environment where credit went from dangerously free-flowing to dangerously non-existent in the span of a few months. Big banks have moved away from the segment in general — and from subprime borrowers in specific.

Non-Bank 55

Non-Bank Finance Risk Fed 55

PYMNTS

DECEMBER 10, 2016

Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. I crossed paths with Laplanche back in 2007 and wanted to back him right away,” Petrushka said. banks at the time. The Trouble With “Not Being A Bank”.

Non-Bank 73

Non-Bank Compliance Push-to-Card Origination 73

Fintech Labs Insights

DECEMBER 23, 2015

After the Fed raised interest rates earlier this month, I received a lot of questions about what effect the move will have on the fintech industry. At BAI’s Global Banking Innovation Awards, the company won accolades for Most Innovative Non-Bank Financial Services Organization. . The market cap is at $4.32

Card Issuer 15

Card Issuer Push-to-Card Fed Non-Bank 15

Fintech Labs Insights

MARCH 30, 2015

The Fed''s latest mobile banking/payments usage numbers ( full text ) were bouncing around the fintech blogosphere last week. The only sour note was the flatline of mobile banking usage among smartphone owners. Why has smartphone mobile banking stalled? Note: The online survey was fielded in December of each year.

Online and Mobile Banking 33

Online and Mobile Banking Mobile Banking Non-Bank Issuers 33