PYMNTS

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels.

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

PYMNTS

JANUARY 4, 2019

Open accounts peaked near 500 million at mid-2008, then plunged to 360 million by the third quarter of 2010, according to a 2013 report by the New York Federal Reserve. A situation that card issuing banks were less than fully enamored with. And the offerings have been impressive. In short, they are too successful.

Card Issuer 55

Card Issuer Credit Cards Issuers Non-Bank 55

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The Rundown on the Run-up to the Decisions.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

MARCH 12, 2016

This week opened with Hector Barreto — the current Chair of the Latino Coalition and a former SBA Administrator from 2001-2008 – wondering what on Earth had happened to the economic message during this particular election season. Many identified as independents and a few were proud to identify as non-votes on principle.

Small Business 21

Small Business Non-Bank Economy Underwriting 21

PYMNTS

NOVEMBER 16, 2020

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. The SMB lending space is evolving rapidly.

Technology 115

Technology Payment APIs and Integration Finance Small Business 115

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

JULY 10, 2018

’s Open Banking regulation made waves in the financial services market, and those effects have been felt far beyond the U.K.’s Now, banks and FinTech firms around the world are exploring the possibilities of an open banking market. ’s — and even Europe’s — borders.

FinTech 42

FinTech Small Business Non-Bank Regulations 42

PYMNTS

FEBRUARY 24, 2017

The Wells Fargo saga seemingly never ends, with the latest wrinkle coming amid the news that the beleaguered bank may be pressed by Prudential to shoulder legal fees the latter may incur defending against allegations that retail bankers pushed Pru insurance on clients. From Ring comes ca-ching. Wells To Shoulder Pru Costs? It also puts U.S.

Federal Reserve 40

Federal Reserve Push-to-Card Non-Bank Credit Cards 40

PYMNTS

SEPTEMBER 18, 2018

Because as of today, the world of mortgage underwriting isn’t built for gig workers or the self-employed, thus making it challenging for those looking to dip in a toe. ” These consumers can still find products: Non-qualified mortgages exist, but the terms won’t be as favorable. “Too The New Rules. Fixing an Over Correction.

Underwriting 66

Underwriting Economy Verification Risk Assessment 66