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Online Lending Monthly News – December 2022

In Commercial Lending, Industry News, Marketplace Lending by Rebecca WilliamsLeave a Comment

Online Lending Monthly News. Here are some of the top stories and trends of November 2022 for online lending investors and industry watchers. Industry News 11/1/2022 P2P investing stands out in record year for alternatives (p2pfinancenews) 11/1/2022 What Wins In Fintech: Distribution Or Data? (Forbes) 11/2/2022 Can digital banking help consumers fight the cost-of-living crisis? (AltFiNews) 11/2/2022 BNPL Fintech equipifi Integrates ...
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MonJa’s Digital Banking and Lending Monthly Roundup | November 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

11/23/22 Several Credit Unions on the East Coast Plan Mergers (Credit Union Times)   While credit unions in California and Washington claimed their consolidations had just been completed, those in Connecticut, New York, and Maryland recently announced potential mergers. The State of Connecticut Department of Banking received a merger application from the $1.1 billion Sikorsky Financial Credit Union in Stratford, Conn., …

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Online Lending Monthly News – November 2022

In Commercial Lending, Industry News, Marketplace Lending by Rebecca WilliamsLeave a Comment

Online Lending Monthly News. Here are some of the top stories and trends of October 2022 for online lending investors and industry watchers. Industry News 10/3/2022 What buy now/pay later fintechs can expect next from the CFPB (AmerBanker) 10/4/2022 Banks send each other $500 million on day of blockchain launch (AmerBanker) 10/4/2022 Mastercard pushes deeper into crypto with new tool for ...
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MonJa’s Digital Banking and Lending Monthly Roundup | October 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

10/28/22 Trends & Challenges in Protecting CUs From Cyber-Attacks in 2022 & Beyond (Credit Union Times)   As we enter a new year, we may assess what trends are helpful for shielding credit unions from cyber threats as well as what difficulties may come up in the future as credit unions continue to be a top target for hackers. When creating …

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Online Lending Monthly News – October 2022

In Commercial Lending, Industry News, Marketplace Lending by Rebecca WilliamsLeave a Comment

Online Lending Monthly News. Here are some of the top stories and trends of September 2022 for online lending investors and industry watchers. Industry News 9/1/2022 Klarna, Affirm show how expensive fintech growth can be (TechCrunch) 9/1/2022 P2P property lending nears £5bn (p2pfinancenews) 9/6/2022 Things you can do with cryptocurrency today that you probably didn’t know (CrowdfundInside) 9/12/2022 How Starling Bank, ...
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MonJa’s Digital Banking and Lending Monthly Roundup | September 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

09/26/22 Credit Unions Join With Bank Groups in Opposition to Credit Card Bill in House (CU Today)   NAFCU and CUNA have signed a letter to Congress opposing the House companion to the Credit Card Competition Act of 2022, along with the American Bankers Association, the Consumer Bankers Association, the Electronic Payments Coalition, and the Independent Community Bankers of America (CCCA). …

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Online Lending Monthly News – September 2022

In Commercial Lending, Industry News, Marketplace Lending by Rebecca WilliamsLeave a Comment

Online Lending Monthly News. Here are some of the top stories and trends of August 2022 for online lending investors and industry watchers. Industry News 8/1/22 Fraudsters out to get digital banking industry: How fintechs can mitigate risk (LendIt) 8/2/22 How to read P2P platform data (p2pfinancenews) 8/3/22 Co-op bank migrates to the cloud (AltFiNews) 8/4/22 Coinbase shares soar in boost ...
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MonJa’s Digital Banking and Lending Monthly Roundup | August 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

08/25/22 Spike in Credit Union Auto Share Confirmed by Experian Data (Credit Union Times)   According to Experian reports, credit union established records for both new and used car financing, while the prior records were set during the first quarter of this year. On the basis of balances, credit unions accounted for 33.7% of all auto loans in the country during …

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Online Lending Monthly News – August 2022

In Commercial Lending, Industry News, Marketplace Lending by Rebecca WilliamsLeave a Comment

Online Lending Monthly News. Here are some of the top stories and trends of July 2022 for online lending investors and industry watchers. Industry News 7/1/22 Financial assistant Cleo raises $80m to support Gen Z (AltFiNews) 7/1/22 Peer to Peer (P2P) Lending Market To Hit USD 912.43 Billion By 2028. (CNBC) 7/5/22 Zilch maintains a $2bn valuation as it tops up ...
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MonJa’s Digital Banking and Lending Monthly Roundup | July 2022

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Rebecca WilliamsLeave a Comment

07/25/22 Credit union loans increased 2.3% in May (Credit Union National Association) According to CUNA’s latest Monthly Credit Union Estimates, credit union loans outstanding jumped 2.3% in May, compared to a 1.9% growth in April 2022. Other mortgage loans dominated loan growth for the month, increasing 3.5%, followed by unsecured personal loans, which rose 3%. Credit union savings holdings fell …