Podcast: A Cooperative Model for Fintech Innovation
“Innovation doesn’t have to be in technology,” says Julieann Thurlow. “Innovation can be rethinking about a problem and really thinking about what consumers want and where the need is.”
Browsing: Consumer lending
Three Ways Digital-Only Bank Brands Boost Revenue
Banks of all sizes are exploring the possibilities of unique digital branding.
Easing Continues on Business, Residential Mortgage Loans Amid Softer Demand
In the previous quarter, banks eased terms and standards for business loans, while tightening slightly on commercial real estate loans and easing in most residential mortgage loan categories, according to the Federal Reserve’s latest senior loan officer opinion survey released today.
Consumer Delinquencies Hold Steady in Second Quarter of 2018
Bank card delinquencies fell in the second quarter of 2018 after creeping up in the previous quarter, according to ABA’s Consumer Credit Delinquency Bulletin released today.
To Encourage Innovative Consumer Disclosures, CFPB Revamps Unavailing Policy
Five years after the Consumer Financial Protection Bureau finalized a policy for trial consumer disclosures that saw exactly zero such disclosures authorized, the bureau is retooling its policy to encourage more companies to develop trial disclosures.
Encourage Small-Dollar Bank Lending, House Republicans Tell FDIC, Fed
Twelve House Republicans today urged the FDIC and the Federal Reserve to follow the OCC’s lead by encouraging banks to return to the small-dollar loan market.
Scoring Your Customers: How Often Is Enough?
A consumer’s most recent score is the most predictive, according to recent research.
ABA Announces Endorsement of Built’s Construction Lending Software
To help bankers reduce costs and provide an excellent user experience for residential and commercial construction loan customers, ABA has endorsed the construction lending platform offered by Nashville-based Built Technologies.